A hostile takeover takes place when a company acquires another company by direct interaction with the shareholders or by making an attempt to replace the management of the company in order to take over it. The takeover bidding takes place when the acquirer makes efforts to take control of the target company without any prior approval or discussion with the Board of Directors of the target company.
Article explains What is Copyright Infringement, What is Exception to Copyright Infringement, Doctrine of Fair Dealing and In which particular Benchmark Judgement was Fair Dealing included. What is Copyright Infringement? Copyright infringement refers to the unauthorized use of someone’s copyrighted work. Thus, it is the use of someone’s copyrighted work without permission thereby infringing certain rights […]
The Non-Banking Financial sectors in India have gone through major growths over the last few decades. Their contribution and their ways of evolving out from a small banking sector to innovative strata has been the best thing for the economy of India. They have provided financial inclusions and lower business loan interest rate in the […]
On 23 March 2020 the CBIC issued some clarifications regarding the Goods and Services Tax (GST) compliances needed to be adhered to by the corporate debtors (CD) undergoing Corporate Insolvency Resolution Process (CIRP). Prescribing special procedures under Section 148 of the Central Goods and Services Act, 2017 (CGST Act) for such CDs, the IBBI tried […]
LLPs have gained its importance since the introduction of Companies Act 2013. The LLP is a separate legal entity, liable to the full extent of its assets but the liability of the partners is limited to their agreed contribution in the LLP. A limited liability partnership (LLP) is a partnership in which some or all […]
Sections 25 and 35 of the Insolvency and Bankruptcy Code, 2016 (Code) enumerate the duties of a Resolution Professional (RP) and a Liquidator, respectively. These duties include certain actions in respect of avoidance transactions (preferential transactions, undervalued transactions, extortionate transactions, and fraudulent trading).
Termination of Anti-Circumvention investigation concerning alleged circumvention of anti-dumping duty imposed on the imports of Polytetrafluoroethylene (PTFE) originating in or exported from Russia by imports of Polytetrafluoroethylene (PTFE) exported from Korea RP.
Smt. Subbalakshmi Kurada Vs ACIT (ITAT Bangalore) The issue under consideration is that if the assessee reinvested capital gains in purchase of new residential house in the name of assessee and his son together then whether assessee in entitle to the full amount of exemption u/s 54? As per Section 54, it mandates that the […]
Mohammed Arif Jameel Vs Union of India (Karnataka High Court) If there are complaints received by the State that some contractors or employers are confining the migrant workers to their shelters and are not permitting them to go to their respective home States, the State Government will have to attend to such complaints and will […]
Review of Data of last one month has demonstrated that this facility has been used extensively by the Trade and, has been proved to be very successful measure in reducing human contact in the Customs process during this COVID crisis. Review has also revealed that these email requests have been attended and the issues resolved in a reasonable time.
