Issuance of NCDs to a selected group via private placement couldn’t be termed as deposits u/s 2(2) of TNPID Act: HC

Case Details: Ravi Parthasarathy v. … Continue reading “Issuance of NCDs to a selected group via private placement couldn’t be termed as deposits u/s 2(2) of TNPID Act: HC”

NRIs/OCIs don’t require RBI’s prior approval to acquire/transfer immovable property in India, clarifies RBI

Press Release: 2021-2022/1439. Dated: 29.12.2021 … Continue reading “NRIs/OCIs don’t require RBI’s prior approval to acquire/transfer immovable property in India, clarifies RBI”

Term loan shown in the balance sheet of corporate debtor amounts to an acknowledgement of debt: CIRP plea righty admitted

Case details: Hemanshu Jamnadas Domadia … Continue reading “Term loan shown in the balance sheet of corporate debtor amounts to an acknowledgement of debt: CIRP plea righty admitted”