Insights & Resources

SAFEMA upholds the validity of IT Act statements for initiating diverse statutory proceedings.

Explore the Clean Slate Theory under the IBC, detailing how resolution plans can offer companies a fresh start by extinguishing past claims.

Amendments to merger control in Competition Law streamline processes and reduce compliance burden, enhancing business operations.

The ITAT upheld tax assessments on dissolved companies under s.176, emphasising statutory compliance and addressing corporate tax obligation

Clarifications on place of supply for data hosting services provided to foreign cloud providers, impacting GST compliance and export status.

The 2024 Amendment simplifies cross-border mergers, requiring RBI approval and easing the process for foreign firms and Indian subsidiaries.

CBIC clarifies ITC eligibility on demo vehicles used for sales promotion, aiding dealers in reducing GST liability with clear guidelines.

The SC affirms the right to seek anticipatory bail, even if in custody for a different case, reinforcing the protection of personal liberty.

The NCLAT ruling highlights the balance between creditor rights and commercial wisdom in insolvency, raising questions on equity for OCs.

ITAT Delhi grants DTAA benefits to the US LLC, affirming that tax residency can exist independently of actual tax payments.

Explores the legal framework and investigation process of corporate fraud under s. 447, detailing its impact, consequences, and enforcement.

The MP High Court rules that maintenance provisions are meant for support, not for enabling capable spouses to avoid self-reliance.