SC ruling on payment of UEI in case of transfer of leasehold rights in pursuance of merger

M/s. Jaiprakash Industries Ltd. (Presently known as M/s. Jaiprakash Associates Ltd.) Vs Delhi Development Authority (Supreme Court of India) Whether transfer of leasehold rights in pursuance to amalgamation/merger is liable for payment of unearned increase in case  of transfer of leasehold rights? This judgement will be helpful in planning of M&A as often it is thought that once the court approved the merger, the stamp duty and other statutory charges are not payable based on the scheme which is drafted. It is important that the scheme is drafted taking into account every aspect. An inter...