THE GREEK DEBT CRISIS – A Comical Take
THE GREEK DEBT CRISIS – A Comical Take A debt crisis is a situation in which a country is unable to pay back its government debt. It is not an over-the-night event which pushes an economy into the traps of debt crisis. A series of events, which at the moment of happening do not seem
Read MoreFLIPKART-WALMART: An analysis of the Takeover
A quick analysis of the takeover deal of Flipkart & Walmart.
Read MoreSIGNIFICANT BENEFICIAL OWNERSHIP – NEW WEAPON INTRODUCED BY THE MCA
SIGNIFICANT BENEFICIAL OWNERSHIP – NEW WEAPON INTRODUCED BY THE MCA [sg_popup id=”347″ event=”hover”][/sg_popup] The Ministry of Corporate Affairs (MCA) notified rules for determining Significant Beneficial Ownership in a Company with an aim to tackle shell companies and eliminate the same. This is not an initiative from the MCA, but globally this was felt as
Read MoreSECTION 185 OF COMPANIES ACT, 2013 – LOANS TO DIRECTORS AS AMENDED BY COMPANIES (AMENDMENT) ACT, 2017:
SECTION 185 OF COMPANIES ACT, 2013 – LOANS TO DIRECTORS AS AMENDED BY COMPANIES (AMENDMENT) ACT, 2017: BACKGROUND As we are already aware, Government of India enacted Companies (Amendment) Act, 2017 (“Amendment Act”) on the suggestions made by Company Law Committee (CLC) and notified the same in the official gazette on May 7, 2018 to
Read MoreTRADEMARK INFRINGEMENT MIGHT LEAD TO ARREST OF DIRECTORS
TRADEMARK INFRINGEMENT MIGHT LEAD TO ARREST OF DIRECTORS Order XXXIX Rule 2A of the Civil Procedure Code, 1908 provides for a consequence of disobedience or breach of injunction granted by a Court having jurisdiction to try the suit. Such a consequence may also include ordering such person to be detained in the civil prison for
Read MoreNOIDA IS A CORPORATION ESTABLISHED BY A STATE ACT AND IS, THEREFORE, ENTITLED TO EXEMPTION OF PAYMENT OF TAX AT SOURCE UNDER SECTION 194A(1): SUPREME COURT
NOIDA IS A CORPORATION ESTABLISHED BY A STATE ACT AND IS, THEREFORE, ENTITLED TO EXEMPTION OF PAYMENT OF TAX AT SOURCE UNDER SECTION 194A(1): SUPREME COURT Commissioner of Income Tax (TDS), Kanpur Vs. Canara Bank [(2018) 9 Supreme Court Cases 322] FACTS OF THE CASE The New Okhla Industrial Development Authority (NOIDA) (“the Authority”) has
Read MoreTHE DEBT TRAP DIPLOMACY – A CASE STUDY OF CHINA
While China’s aggressive investments have definitely filled in the gap created by the reduction of investments from USA and west, the real problem appears to be the opaque, unclear, and shady intentions of the Chinese Government, and that can be addressed only through bending the hand of China through multilateral forums.
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