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Minerals, a non-renewable natural resource are a vital raw material to a number of industries. As these resources are limited and non-renewable, the mining activity requires a lot of licenses and adherence to stringent compliances.
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In a crucial ruling recently, the Supreme Court of India (“SC”) has held that the rulings of the Authority for Advance Rulings (“AAR”) can be subject to the writ jurisdiction of the High Court (“HC”) under Article 226...
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Introduction The government in this year’s budget introduced proposals to change the income tax on royalty. These proposals negated the effect of the Supreme Court of India’s (“SC”) decision in the case of GE India Technology Centre Private...
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The Ministry of Corporate Affairs (“MCA”) initiated the practice of issuing circulars in 1983 with the objective to notify the public on important developments relating to the MCA and to provide an effective regulatory framework to the Indian...
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On May 28 2012, the Competition Commission of India (“CCI”), permitted Independent Media Trust (“IMT”) to subscribe to Zero Coupon Optionally Convertible Debentures (“ZCOD”) issued by promoter companies (“Promoter Companies”), making IMT the largest shareholder of Network18 Media...
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