Modification in pre-qualification criteria for bidder doesn't tantamount to abusive under CCI Act

Competition Act : OP Tamil Nadu Civil Supplies Coporation being under an obligation to frame eligibility conditions for tender, no prima facie case of contravention of provisions of section 4 was made out against it in modifying pre qualification criteria for bidders in tender process for procurement of tur dal, hence, matter was to be dismissed

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HC slammed ITAT as sec. 195(2) order determining TDS liability was appealable before CIT(A)

IT : Order under section 195(2) determining amount of TDS to be deducted by an assessee is an appealable order before Commissioner (Appeals) as per provision of section 248

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Person engaged in specific skill based analysis including knowledge management system couldn’t be held as BPO

IT/ILT : Where assessee was providing research and information services and claimed that said services were BPO services, since assessee's functions were also inclusive of 'Knowledge management systems and infrastructure issues which encompass infrastructure support,

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Transfer of shareholding without holding valid meeting is an act of oppression: NCLT

CL: Petitioner having been removed as director of respondent company without holding of valid EOGM and entire shareholdings of respondents as well as fixed assets of companies having being transferred to 3rd parties even before completion of pleadings in NCLT, without knowledge of petitioner, were serious act of oppression, hence, findings of NCLT upholding removal of petitioner as director were to be set aside and shareholdings in both companies were to be restored to stage of filing petitions

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RBI Maintains Its Stand on Resolution of Stressed Assets

RBI Maintains Its Stand on Resolution of Stressed Assets

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SC Sends Jaypee Infra Case Back to NCLT for Fresh Resolution

SC Sends Jaypee Infra Case Back to NCLT for Fresh Resolution

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Taxman Studying Walmart-Flipkart Share Purchase Pact

Taxman Studying Walmart-Flipkart Share Purchase Pact

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