Search Results for Tag : Arrangement
Judgments
A genuine arrangement cannot be disregarded when same results or operates to minimize Assessee’s tax liability(05.03.2020)
Present is an Appeal by the Assessee directed against the Order by the Commissioner of Income Tax (Appeals), partly allowing the assessees’ appeal. Th.....
Tags : Assessment, Genuine arrangement, Legality
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Transfer of Shares being an internal family realignment cannot be treated as Gift or Perquisites(12.05.2020)
The Assessee is an investment company. Return of income was electronically filed declaring total income of Rs. 2,75,836. During the course of assessme.....
Tags : Family arrangement, Additions, Legality
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International Cases
Relatively low shareholder turnout does not prevent Court from making orders approving a scheme of arrangement(23.01.2020)
The Plaintiff, Pensana Metals Ltd (Pensana), applies for orders approving a proposed scheme of arrangement (Scheme). The Scheme meeting was convened a.....
Tags : Scheme, Arrangement, Approval
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Low shareholder turnout does not prevent the Court from making orders approving a scheme of arrangement(07.04.2022)
On 1 April 2022, Bardoc Gold Ltd moved for orders approving a scheme of arrangement between Bardoc and its shareholders pursuant to Section 411(4), an.....
Tags : Arrangement, Scheme, Approval
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News
ITAT: Arrangement Between Spouse Without Real Money Exchange Not Amount to Unexplained Investment(05.07.2022)
Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that a mere arrangement between a husband and wife without real money exchange cannot be do.....
Tags : ITAT, Arrangement, Unexplained Investment
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SC Approves 50-50 Seat Sharing Agreement Between CMC Vellore & TN Govt as Just & Fair(23.08.2022)
Supreme Court while approving the seat-sharing formula free agreed by the Christian Medical College (CMC) at Vellore and the State of Tamil Nadu for s.....
Tags : Supreme Court, Medical Seats, Seat Arrangement
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MCA Notifies Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021(03.02.2021)
Ministry of Corporate Affairs (MCA) has notified the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021 so as to enable the.....
Tags : Ministry of Corporate Affairs, Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021
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Allahabad HC Asks UP Government Over Timeline for Arrangement of Security for Judgeships(26.11.2021)
Allahabad High Court has asked the Uttar Pradesh Government as to how long would it take to provide the arrangements with regard to security, biometri.....
Tags : Allahabad High Court, Timeline for Arrangement of Security for Judgeships
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Bombay HC Extends Interim Arrangement of Hearing Only Extremely Urgent Cases Till May 4(16.04.2020)
Bombay High Court has extended the interim arrangement of hearing only extremely urgent cases till 4th May, 2020 in light of the extension of the nati.....
Tags : Bombay HC, Interim Arrangement
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Ministry of Corporate Affairs Notifies Amendment to Companies Rules, 2020(05.02.2020)
Ministry of Corporate Affairs has notified an amendment to the Companies (Compromises, Arrangements and Amalgamations) Rules, 2020, adding a provision.....
Tags : Ministry of Corporate Affairs, Companies (Compromises, Arrangements and Amalgamations) Rules, 2020
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Allahabad HC Issues 'Modalities & Arrangement' for Functioning of Lucknow Bench During COVID(07.04.2021)
Allahabad High Court has issued the Modalities & Arrangement related to the functioning of High Court during COVID-19 which would be effective from 7t.....
Tags : Allahabad High Court, 'Modalities & Arrangement' for Functioning of Lucknow Bench
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Madras HC Asks Police to Ensure Special Arrangements for Movement of Vehicles(07.04.2021)
Madras High Court has asked the Police authorities to ensure that in making special arrangements for movement of vehicles/ convoy of VIPs/ dignitaries.....
Tags : Madras High Court, Special Arrangements for Movement of Vehicles
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SC Directs Family to Pay Rs 4 Lakh to Destitute Homeless Woman as Ad Hoc Arrangement(30.03.2020)
Supreme Court has directed the family of a deceased man, who was allegedly the woman's husband, to pay her a lump sum amount of Rs 4 lakhs by the end .....
Tags : SC, Ad Hoc Arrangement
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SC Asks DoT Details of Spectrum Sharing Arrangements by Telecom Companies(24.08.2020)
Supreme Court has directed the Department of Telecom (DoT) to inform of the basis of spectrum sharing done by telecom companies and how much is the li.....
Tags : Supreme Court, Spectrum Sharing Arrangements by Telecom Companies
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Central Government Notifies Agreement or Arrangement on CMAA in Custom Matters(13.07.2021)
Central Government has notified that Agreement or Arrangement on Cooperation and Mutual Administrative Assistance (CMAA) in Customs matters shall be s.....
Tags : Central Government, Agreement or Arrangement on CMAA in Custom Matters
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Delhi HC: Registration of Family Arrangement Necessary Only If Terms Are Reduced Into Writing(02.05.2022)
Delhi High Court has observed that registration is not necessary where family arrangement is oral and that the same is essential only if the terms of .....
Tags : Delhi High Court, Registration, family arrangement
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Notifications & Circulars
Cabinet approves ex-post facto approval for Agreement on the facilitation of visa arrangements signed between India and Maldives(16.01.2019)
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its ex-post facto approval to the Agreement on the facilitation of visa.....
Tags : Visa arrangements, Approval, Agreement
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RBI announces the Framework on Currency Swap Arrangement for SAARC countries for the period 2019 to 2022(26.11.2019)
To further financial stability and economic cooperation within the SAARC region, the Reserve Bank of India, with the concurrence of the Government of .....
Tags : Framework, Currency Swap Arrangement, SAARC countries
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Schemes of arrangement by listed entities(16.11.2021)
1. SEBI Master Circular No. SEBI/HO/CFD/DIL1/CIR/P/2020/249 dated December 22, 2020 has laid down the framework for Schemes of Arrangement by listed e.....
Tags : Schemes, Arrangement, Listed entities
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Scheme(s) of Arrangement by entities who have listed their Non-convertible Debt securities (NCDs)/Non-convertible Redeemable Preference shares(17.11.2022)
1. The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as "Listing Regulations") was amended vide no.....
Tags : Scheme, Arrangement, Entities
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Schemes of arrangement by listed entities(01.02.2022)
1. SEBI vide Circular No. SEBI/HO/CFD/DIL2/CIR/0/2021 dated November 16, 2021 and Circular No. SEBI/HO/CFD/DIL2/CIR/P/2021/0000000659 dated November 1.....
Tags : Schemes, Arrangement, Listed entities
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Schemes of Arrangement by Listed Entities and (ii) Relaxation under Sub-rule (7) of Rule 19 of the Securities Contracts (Regulation) Rules, 1957(23.03.2017)
This is with reference to SEBI Circular No.CFD/DIL3/CIR/2017/21 dated March 10, 2017 on the captioned subject. Para 8 of the aforesaid circular provid.....
Tags : Entities, Scheme, Arrangement
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Renewal of the Bilateral Swap Arrangement between Japan and India(28.02.2022)
Japan and India renewed the Bilateral Swap Arrangement (BSA) effective today (Feb. 28, 2022).
The Bank of Japan, acting as agent for the Min.....
Tags : Renewal, Bilateral Swap, Arrangement
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Cabinet approves Bilateral Technical Arrangement between India and Switzerland on the identification and return of Swiss and Indian Nationals(12.09.2016)
The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its approval for signing of the Technical Arrangement between .....
Tags : Bilateral, Technical Arrangement, Approval
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