The court examined whether buy-back of shares below fair market value attracts Section 56(2)(x). It held that buy-back leads to extinguishment of shares, not acquisition of property, making the ...
The issue was the lack of a unified process for rights issues in IFSCs. The Authority introduced a detailed framework mandating disclosures, timelines, and compliance ...
Anupam Kher revealed he sold his Mumbai apartment about a decade ago by choice, opting to live on rent for a simpler, ...
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