In a quiet mid-October surprise, nearly four and a half years after the passage of the Finance Act 2015 (20 of 2015)

On April 30, 2019, the US Department of Justice (DOJ) published a guidance document, "The Evaluation of Corporate Compliance Programs" (Guidance) ...

The Securities and Exchange Board of India ("SEBI") at its board meeting on June 27, 2019 approved the following important proposals

The Private Client team at Cyril Amarchand Mangaldas is delighted to share, via our Private Client blog, our comments and opinions shared in various leading media publications globally.

The RBI has amended the Master Directions on Financial Services provided by Banks. This is a significant move permitting Banks to invest in Category II Alternative Investment Funds

Recently, the NCLT rejected Ajanta Pharma Limited's scheme of amalgamation and arrangement between the company and its shareholder Gabs Investments Private Limited on the grounds of General Anti Avoidance Rules.

*An eight-part series covering the commercial and legal considerations of REIT listings in India. Click here to read Part 1.

In a recent judgement, the Hon'ble High Court of Delhi (Delhi HC) clarified that the absence of a judicial member did not preclude the Competition Commission of India from performing its adjudicatory function.

The first part of this two-part blog discussed the facts that led to the filing of appeals before the Supreme Court challenging the NGT's judgment dated May 4, 2016 and certain key issues discussed by the Supreme Court...

On November 2, 2018, the Ministry of Corporate affairs promulgated an ordinance (the Ordinance) inter alia amending certain provisions of the Companies Act

Schemes of arrangement have been a favoured route for corporates to acquire shares of listed companies, given the many obvious pros of acquisitions undertaken through a court/ NCLT based scheme of arrangement.

Through its historic ruling delivered by a five-judge bench in the case of Shayara Bano and Ors v. Union of India on August 22nd 2017, the Supreme Court of India (SC) liberated Muslim women from the perpetual fear of...

These changes will become effective from April 1, 2019.

In the backdrop of recent attacks and acts of violence against medical practitioners and a growing demand for protection in this regard

This blog post is a part of a multi-part series. In the first part, we had written about the salient features of the National Medical Commission Act, 2019 (NMC Act) and the regime proposed by it.

There is a requirement under the Real Estate (Regulation and Development) Act, 2016 (Act) to keep aside 70% of receivables from allottees in a separate, designated bank account (RERA Account).

Another major cause for concern is the continued lack of clarity on the mechanism to pass on the commensurate reduction in price.

One of the most widely litigated issues in India is the disallowance of expenditure incurred on earning income that is exempt from tax.

With increasing globalisation of the world economy, the continuous movement of people from one jurisdiction to another has become imminent.

The Income Tax Act, 1961 (IT Act) contains several provisions to prevent tax evasion.