Thursday, October 28, 2021

Zee v. Invesco: Bombay HC restrains Invesco from calling and holding EGM

COMPANY LAW : Zee filed instant writ against its investor 'Invesco' holding significant stakes attempting to convene general meetings of shareholders through which they seek to replace certain directors on existing boards - According to Zee, proposed resolutions in requisition Notice are directly contrary to Companies Act's provisions regarding directorships - However,

from www.taxmann.com Latest Case Laws https://ift.tt/2XS9wx6

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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...