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  • Mumbai ITAT Provides Further Relief and Clarity on Valuation of Preference Shares

    Mumbai ITAT Provides Further Relief and Clarity on Valuation of Preference Shares

    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

    AS
    By Avaneesh Satyang about 5 years ago
  • Mauritius: A Prime Financial Center for FPI Investments in India

    Mauritius: A Prime Financial Center for FPI Investments in India

     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

    Sharda Balaji
    By Sharda Balaji about 5 years ago
  • CO-FOUNDER LEAVING THE COMPANY? FEW THINGS TO CONSIDER

    CO-FOUNDER LEAVING THE COMPANY? FEW THINGS TO CONSIDER

    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,

    Sharda Balaji
    By Sharda Balaji over 5 years ago
  • NovoJuris is India's fifth best for Private Equity

    NovoJuris is India's fifth best for Private Equity

    For the year 2014, Venture Intelligence ranks NovoJuris as India's fifth most active legal counselors in Private Equity. Many thanks from the NovoJuris Team, it wouldn't have been possible without you!

    Sharda Balaji
    By Sharda Balaji over 8 years ago
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