Friday, July 12, 2019

Scheme of arrangement was to be rejected as Cos involved in NBFC activities didn't take RBI's approval

COMPANY LAW: Where appellant companies were involved in NBFC activities, and approval of Reserve Bank India had not been taken in respect of proposed scheme of arrangement, NCLT had rightly rejected scheme of arrangement

from www.taxmann.com Latest Case Laws https://ift.tt/2Sd1IyO
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...