by Majmudar & Partners | Mar 7, 2017 | Real Property
Introduction Consumers in the real estate sector, particularly the residential real estate sector, often find themselves locking horns with builders or developers from whom they have purchased apartments in residential buildings. Grievances of consumers have commonly...
by Majmudar & Partners | Feb 1, 2017 | Policy & Governance Updates, Tax
Introduction India’s Union Budget (the “Budget”) was announced on February 1, 2017, and the Finance Bill, 2017 (the “ Finance Bill”) was tabled in Parliament. Most of the income tax proposals in the Finance Bill will be effective from the financial year commencing on...
by Majmudar & Partners | Jan 20, 2017 | Competition, Corporate/M&A
In June 2011, the Indian government implemented the merger control regime under the Competition Act, 2002 (the “Act”) and the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011...
by Majmudar & Partners | Jan 4, 2017 | Tax
Introduction The bilateral double taxation avoidance agreement between India and Singapore (the “Singapore DTAA”) has been amended. On December 30, 2016, India’s Central Board of Direct Taxes announced the signing of the protocol (the “Protocol”) amending the...
by Majmudar & Partners | Dec 16, 2016 | Corporate/M&A
On December 7, 2016, the Indian government notified several provisions of the Companies Act, 2013 (the “2013 Act”), including provisions on variation of shareholders’ rights, reduction of capital, mergers and amalgamations, winding up by the National Company Law...
