Supreme Court rules on what constitutes management and control under Indian tax law
Download .pdf In a recent ruling, India’s Supreme Court (“SC”) has held that the term “management and control” of a company means where the head,...
M&A impact due to changes in India’s competition law
Download .pdf The Indian parliament approved the Competition Amendment Act, 2023, (the “Amendment Act”) on April 11, 2023. The Amendment Act...
New regulations for online gaming in India – an early milestone in a long journey
Download .pdf Background On January 2, 2023, India’s Ministry of Electronics and Information Technology (“MeitY”) had invited comments from the...
The need for prudence when including arbitration clauses in agreements
Download .pdf Brief background Recent trends show an increase in the preference and popularity of arbitration as an alternative mode of dispute...
The importance of adopting the correct approach for share valuation in India
Download .pdf In a recent ruling, the Mumbai Income-tax Appellate Tribunal (the “Mumbai Tribunal”), relying on the Tally Solutions case, has held...
New RBI directions on bank acquisitions in India
Download .pdf Introduction Last month, the Reserve Bank of India (the “RBI”) introduced master directions (the “Directions”) and guidelines (the...