Tag: Supreme Court Ruling
Tax deduction caps on foreign companies’ India business expenses
Deduction limits apply to head offices of foreign companies in India, the Supreme Court has ruled, citing section 44C of the Income Tax Act, 1961
Generating light on proportionality in captive power
Draft rules clarify ownership-consumption proportionality for captive power plants
Turning the tide for Philippine oil and gas exploration
SC 38's Supreme Court ruling impacts the Philippine oil and gas industry, reviving investor interest and boosting energy self-sufficiency
Parallel worlds in attaching corporate insolvency assets
Section 32A’s clean slate protection is weakened by prolonged enforcement overlaps
Top court to RBI on master direction: You say fraud, we say prove it
The Supreme Court, in SBI v Rajesh Agarwal, challenged RBI’s Master Direction on Fraud, impacting the banking sector
IBC not a tool for debt collection
The IBC aims to revive distressed entities, but its application often differs
Government power disrupted in power supply dispute
The Electricity Act, 2003, aimed to limit government control over electricity supply
A curative ‘cure’: Apex court settles dust in DMRC v DAMEPL
In a prolonged legal dispute between Delhi Metro Rail Corporation (DMRC) and Delhi Airport Metro Express Private Limited (DAMEPL)
Scope of court’s ability to rewrite commercial contracts
In the case of Venkatraman Krishnamurthy and Anr v Lodha Crown Buildmart Private Limited
