The Bombay High Court applied the principles of private international law to permit tax benefits under the Income Tax Act, setting a precedent for tax disputes arising from reorganization of a business under foreign laws.
Ravi S. Raghavan, Tax Counsel at Majmudar & Partners, shares his views with Bloomberg Quint – “This ruling is relevant to a legal fiction that is peculiar to conversions governed under the Delaware law”.
Read the article here.
Akil Hirani, Managing Partner and Head of Transactions, has won the award of Legal Advisor of the Year by Asia Pacific Business at their Asia Pacific Business Awards 2023-2024. Congratulations, Akil.
In the recent ruling of Mr. Gopal Vittal, Bharti Airtel Ltd v. Mr. Kamtci Shankar Arumugam, the Madras High Court has distinguished between the right to privacy of an individual versus the safety rights of a larger group. In this case, the petitioner company wanted...
Akil Hirani, Managing Partner and Head of Transactions, has been featured as a guest author in Business India magazine's February 2024 issue. Please read his article (as published in Business India) on the EU’s AI rules and their implications on Indian companies...
We are pleased to share that our firm has been recognised for its work across practice areas by The Legal 500 (Legalease) in their 2024 rankings. Firm Rankings Antitrust and Competition Corporate and M&A Data Protection Dispute Resolution: Litigation Intellectual...
Akil Hirani, Managing Partner and Head of Transactions, has authored a critique on the Reserve Bank of India’s recent circular that restricts banks and NBFCs from making investments in Alternative Investment Funds who, in turn, have investments in companies in which...
In the recent case of Rohit Dembiwal v. Tata Consultancy Services Ltd., the Bombay High Court held that an IT analyst did not qualify as a “workman” under the Industrial Disputes Act, 1947, as his day-to-day responsibilities were supervisory in nature, and his...