by Majmudar & Partners | Apr 13, 2023 | Authored by Akil Hirani, Foreign Investment, Private Equity and Venture Capital, Technology, Telecommunication and Media
Download .pdf Background On January 2, 2023, India’s Ministry of Electronics and Information Technology (“MeitY”) had invited comments from the public on a host of proposed amendments to the IT (Intermediary Guidelines & Digital Media Ethics Code) Rules, 2021 (the...
by Majmudar & Partners | Mar 23, 2023 | Disputes and Arbitration
Download .pdf Brief background Recent trends show an increase in the preference and popularity of arbitration as an alternative mode of dispute resolution. While, indisputably, arbitration has its merits, certain category of disputes may not be arbitrable. ...
by Majmudar & Partners | Mar 14, 2023 | Tax
Download .pdf In a recent ruling, the Mumbai Income-tax Appellate Tribunal (the “Mumbai Tribunal”), relying on the Tally Solutions case, has held that when the future cash flow or revenue stream projections of a private investment company are uncertain, the shares...
by Majmudar & Partners | Feb 7, 2023 | Disputes and Arbitration
Download .pdf Last month, the Constitutional Bench of the Supreme Court (SC) delivered an important ruling in the matter of Kaushal Kishor v. State of U.P. (Writ Petition (Criminal) No. 113 of 2016). This judgment has delved into the longstanding debate on the...
by Majmudar & Partners | Feb 2, 2023 | Tax
Download .pdf Introduction India’s Union Budget (the “Budget”) was announced on February 1, 2023, and the Finance Bill, 2023 (the “Finance Bill”) was tabled in Parliament. The Finance Bill will be discussed in Parliament before its enactment, and therefore, it...