Shardul Amarchand Mangaldas guides Kotak Mahindra and HSBC It was in connection with the rights issue of equity shares India’s century-old law firm Shardul Amarchand Mangaldas & Co has advised Kotak Mahindra Capital Company and HSBC Securities and Capital Markets (India) in connection with the rights issue of equity shares by The Indian Hotels Company.
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SAM & Khaitan & Co advised IDBI Bank & Assets Care
SAM & Khaitan & Co advised IDBI Bank & Assets Care Shardul Amarchand Mangaldas & Co. advised IDBI Bank Limited to assign stressed loans to IVRCL Chengapalli Tollways Limited to Assets Care & Reconstruction Enterprise Limited (“ACRE”) via Consortium of banks comprising of Karur Vysya Bank, Union Bank of India, State Bank of India, and
... Continue Reading.Shardul Amarchand Mangaldas & Cyril Amarchand Mangaldas advised Medplus Health Services IPO of US$ 183 million
Shardul Amarchand Mangaldas & Cyril Amarchand Mangaldas advised Medplus Health Services IPO of US$ 183 million Shardul Amarchand Mangaldas & Co. advised Axis Capital Limited, Credit Suisse Securities (India) Private Limited, Edelweiss Financial Services Limited and Nomura Financial Advisory and Securities (India) Private Limited (the “Book Running Lead Managers”) on the initial public offering by
... Continue Reading.Types of Taxes in India and their Functioning
Last Updated on 1 hour by Admin LB In this article ‘Types of Taxes in India and their Functioning,’ we will explore the prevalence of several types of taxes. In India, taxes may be direct or indirect. However, the sorts of taxes vary depending on whether they are imposed by union, state, or local governments.
... Continue Reading.Different Modes of Corporate Funding
Last Updated on 2 hours by Admin LB Introduction Corporations often need outside investment (Corporate Funding), or capital, to grow their company into new markets or regions, to engage in research and development, or to compete. While corporations generally strive to finance such initiatives with earnings from current operations, it is often more advantageous to
... Continue Reading.X revokes his proposal to sell his house by a telegram. When is the revocation complete? (a) as against Y, and; (b) as against X
Last Updated on 38 mins by Admin LB Question: X revokes his proposal to sell his house by a telegram. When is the revocation complete? (a) as against Y, and; (b) as against X. [DJS 2008] Find the answer to the mains question only on Legal Bites. [X revokes his proposal to sell his house by
... Continue Reading.CESTAT provides succor to Bata India
CESTAT provides succor to Bata India It has remanded back the matter of Cenvat credit on transportation of footwear In partial relief to Bata India, The Chennai Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has provided partial relief to Bata India. It has remanded back the issue of denial of the Central
... Continue Reading.Y accepts X’s proposal through a letter sent by post. When is the communication of the acceptance complete? (a) as against X, and (b) as against Y
Last Updated on 31 mins by Admin LB Question: Y accepts X’s proposal through a letter sent by post. When is the communication of the acceptance complete? (a) as against X, and (b) as against Y. [DJS 2008] Find the answer to the mains question only on Legal Bites. [Y accepts X’s proposal through a letter
... Continue Reading.Hogan Lovells counts Europe most, makes 27 strong partnerships
Hogan Lovells counts Europe most, makes 27 strong partnerships A 14-promotion count for the European network in 2022 benefits most in front of last year’s, 25. There were 27 strong partnerships announced by Hogan Lovells, along 71 new counsel appointments, 14 of which were in Europe, up from 11 in 2021. Compared to the 25-partner
... Continue Reading.High Court directs IT department to review ‘nil’ deduction certificate
High Court directs IT department to review ‘nil’ deduction certificate The petitioner in its application had described itself as an e-commerce platform operator The Delhi High Court has directed the Income Tax department to reconsider the matter of the issuance of the certificate with ‘nil’ deduction of tax. The division bench of Justice Navin Chawla
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