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Introduction The government in this year’s budget introduced proposals to change the income tax on royalty. These proposals negated the effect of the...
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The Ministry of Corporate Affairs (“MCA”) initiated the practice of issuing circulars in 1983 with the objective to notify the public on important...
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On May 28 2012, the Competition Commission of India (“CCI”), permitted Independent Media Trust (“IMT”) to subscribe to Zero Coupon Optionally Convertible Debentures...
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Empowered by the Reserve Bank of India (“RBI”) Act, 1934 and the Payment and Settlement Systems Act, 2007, RBI has taken several initiatives...
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Corporations tend to consider certain types of clauses as “miscellaneous” or “boilerplate” and that, sometimes, includes a termination clause which is relegated to...
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