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Nishith Desai Associates
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Tel: +91 22 6669 5000
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400 021
By Nishith Desai
MUMBAI - India has lost hundreds of billions of dollars over the past six decades as companies and the rich stashed cash overseas to avoid taxes and hide ill-gotten gains, widening inequality...
By Nishith Desai
India Budget 2017 : For The International Business Community
By Shashwat Sharma, Shipra Padhi
Tribunal holds that a valid TRC is evidence of not just residence of taxpayer but also it being the beneficial owner of income.
By Anuja Maniar, Ashish Sodhani
Tribunal refuses to accept the calculation of fair market value of redeemable preference shares based on net worth of the issuing company.
By Prakhar Dua, Ashish Sodhani
The FA, 2018 introduced Section 112A into the Tax Act with effect from April 01, 2018 wherein it stipulated that the capital gains of more than INR 1,00,000 received for alienation of equity shares of a company...
By Nishith Desai
Signing Ceremony Of The Guide On Mutual Recognition And Enforcement Of Civil And Commercial Judgments In DIFC Courts And Courts In India Between DIFC Courts And Nishith Desai Associates (September 14, 2018)
By Joachim Saldanha, Ashish Sodhani
Recently, the NCLT refused to sanction a scheme of amalgamation between AJL and GIPL on the ground that the scheme was designed purely for the avoidance of tax and was not in the public interest.
By Aparna Gaur, Aarushi Jain, Vivek Kathpalia
Platforms hosting user content and retaining control over the content, by exercising their right to modify and refuse uploads, cannot claim safe harbour protection under Section 79 of the Information Technology Act, 2000.
By Srikanth Vasudevan, Richie Sancheti, Kishore Joshi
Post consideration of the interim report submitted by the HR Khan working group, SEBI has recently released two circulars for FPIs – one dealing with eligibility criteria ...
By Nishith Desai
Karma Capital's Nandita Parker Says Sebi Circular Is Causing Anxiety Among NRI Community (video).
By Mohammad Kamran, Arjun Gupta, Simone Reis
In this article, we explore the rights of a special class of creditors, i.e. holders of bonds and their ability to initiate corporate insolvency resolution process under IBC in light of "no action clauses" and issues arising thereof.
By Shweta Sahu, Ashish Kabra
In the context of foreign-seated arbitrations, the Supreme Court of India has clarified that non-signatories to an agreement may be referred to arbitration in certain circumstances such as in case
By Shashwat Sharma, Shipra Padhi
An Indian company cannot be considered as an agent of its non-resident shareholders in relation to the overseas transfer of its shares.
By Mohammad Kamran, Ashish Kabra
The dispute arose between M/s Emkay Global Financial Services Ltd.
By Pooja Kapadia, Aarushi Jain, Vivek Kathpalia
The University Grants Commission ("UGC") has introduced regulations to recognize degrees, diplomas and certificates offered by Universities and Institutions deemed to be Universities...
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