ACIT v Golden Line Studio Pvt. Ltd. ITAT, Mumbai I.T.A. No. 6146/Mum/2016 (Assessment Year 2011-12) Judgment date: 31/8/2018 Factual Matrix of the Dispute The case revolves around an instance of issuance of non-convertible redeemable preference shares (“RPS”) by a company
A. SEBI Circular Letter Dated 10 April 2018 On 10 April 2018, the SEBI, issued a circular titled ‘Know Your Client Requirements for Foreign Portfolio Investors (FPIs)’ clarifying its position on the concept of identification and verification of Beneficial Owner
Co-founders separating is a harsh reality in early-stage companies, due to a plethora of reasons ranging from differences in opinion with regards the conduct of affairs, daily administration and management of the Company, to the relationship not working out organically,
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