9th May, 2013
In a recent order, the Income Tax Appellate Tribunal (ITAT), Mumbai had the occasion to go into the question of what is or is not an international transaction. The parent company of the appellant had sold its imaging business, globally. As part of this, but on facts, independently, the Indian subsidiary sold its medical imaging business to the subsidiary of the foreign buyer. Th...
23 May, 2014
Even as the new Companies Act continues to unfold slowly, issues of interpretation and conflicts have started to appear. Deciding on an application by Godrej Industries in CSD/256/2014 dated 8-5-2014, the Bombay High Court held that the new companies Act does not totally do away with the requirement of meetings.
Electronic voting is sufficient as a meeting, an opportunity to pa...
By Kanika Shukla and Vidhi Aggarwal
The Companies Act, 2013 (Companies Act) is one of the landmark legislations enacted in recent years to bring forth transparency, ease of doing business and protecting rights of minority shareholders. The Companies Act was, in many ways, perceived as a reaction to the Satyam scam which uncovered...
By Puneeth Ganapathy
In its recent judgment in Chief Controlling Revenue Authority v. Reliance Industries Ltd., Bombay High Court has taken the view that stamp duty is payable on a High Court (‘HC’) order sanctioning a scheme of merger/reconstruction (‘scheme’), as an instrument of ‘conveyance’. The bench of three judges of the...
By Abir Roy
The Competition Act, 2002 (“Act”) read with the attendant Combination Regulations provide for a mandatory notification of the transaction to the Competition Commission of India (“CCI”) provided that threshold limits provided under the Act are met (“combination&rdquo...
By Barnik Ghosh
While the budget 2015 is being heralded as anywhere between good to excellent, a particular portion of the budget speech caught many a fancy as Mr. Jaitley, Finance Minister announced “I also propose to merge the Forwards Markets Commission with SEBI to strengthen regulation of commodity forward markets and reduce wild speculation. Enabling legislation, amending the...
By Anup Koushik Karavadi
The task of enacting a new law to regulate companies in India is complete. The Companies Act, 2013, (“New Act”) in its new avatar, mirrors several changes when compared to the law contemplated under the Companies Act, 1956 (“Old Act”). It brings in a whole new set of expected and unexpected changes to the existing regime governing Indian company law. Unde...
Institute of Business Laws in association with Lakshmikumaran & Sridharan as knowledge partner is organising the following seminars in the second half of September 2013 :
Foreign Trade Policy & Export Promotion Schemes
Bangalore, 26 September 2013
Annual Supplement to India’s five year Foreign Trade Policy 2009-14, was released recently for facilitating and regul...
International Bar Association (IBA) will be organising its annual conference from 18th till 23rd September 2016 in Washington DC.
Sessions covered in this conference include following topics of discussion:
Seminar on FDI and Companies Law
11 December, 2015, Kolkata
Lakshmikumaran & Sridharan (L&S) is organising a seminar/workshop on Foreign Direct Investment (FDI) on 11 December, 2015 in Kolkata. In this workshop experts from L&S will discuss on recent trends in Investment laws, Law relating to Directors and mediation practice in...
ASSOCHAM will be organising its 3rd International Conference on Competition Law in New Delhi on 2 May, 2015.
This conference will throw light on various issues like cross-border challenges for competition authorities, anti-competitive conduct and mergers.
Other key discussion areas covered during the conference are:
In-house compliance mechanism
Economic analysis of major role played ...
Fordham Competition Law Institute will be organising its 41st Annual Conference on International Antitrust Law and Policy on 11 and 12 September 2014 in New York.
Lakshmikumaran & Sridharan is associated with this conference by way of extending support as one of the sponsors. This Conference will focus on a wide range of issues related to antitrust policy and enforcement.
The sessions will ...
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