Application Under Section 7 Of The IBC Cannot Be Filed By 100 Or 1/10th Of Allottees Of Separately Registered RERA Projects Even If They...
The National Company Law Appellate Tribunal (“NCLAT“) issued a detailed judgment1 addressing several critical issues related to the interpretation of the Insolvency and Bankruptcy Code,...
Denomination Of Issuance And Trading Of Non-Convertible Securities
The circular issued by SEBI on July 3, 2024, amends Chapter V of the Master Circular No. SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated May 22, 2024, concerning the...
One More Push For IFSC IBU- Liberalization In LRS
What is LRS:
Liberalised Remittance Scheme (“LRS”) is a foreign exchange policy initiative introduced by the Reserve Bank of India (“RBI“) in 2004 vide Master Direction –...
Do All The Indians Leaving For Abroad Are Required To Obtain Tax Clearance Certificate?
With India’s black money economy size ranging between 23% to 26% of the Gross Domestic Product, fighting the demon of black money is the...
ITC on construction of immovable property
Section 17(5)(d) of The Central Goods and Service Tax, 2017 states that input tax credit shall not be available in respect of goods or...
