by Majmudar & Partners | Apr 28, 2021 | Employment Law
A safe and healthy work environment is the foundation of an efficient and decent work structure. Occupational Safety and Health (OSH) is an integral part of the International Labour Organization’s (ILO) Decent Work Agenda, 2015. Work can only be decent when it is safe...
by Majmudar & Partners | Apr 15, 2021 | Corporate/M&A
On February 15, 2021, an arbitral tribunal (the “Tribunal”) issued an award in a dispute between Zostel Hospitality Private Limited (“Zostel”) and Oravel Stays Private Limited (“Oyo”). The parties to the dispute operate accommodation management and booking business in...
by Majmudar & Partners | Mar 26, 2021 | Insolvency and Restructuring
Background and Issue Whether the initiation of insolvency proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC) imposes a moratorium on proceedings against the corporate debtor, including those initiated under Section 138 of the Negotiable Instruments Act,...
by Majmudar & Partners | Mar 24, 2021 | Tax
In two interesting cases, one from the Delhi High Court and the other from the Chennai Income Tax Appellate Tribunal (the “Chennai ITAT”), the importance of a share valuation report in settling tax disputes has, once again, come to the fore. The Delhi High Court case...
by Majmudar & Partners | Mar 12, 2021 | Disputes and Arbitration, Tax
With regard to an over two-decade-old software royalty tax dispute, India’s Supreme Court (“SC”) has ruled that software payments made by Indian end-users or distributors and resellers to overseas software suppliers are payments for sales and not for royalties....
