Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
HC granted a 90-day extension to the Company for listing shares on the nationwide stock exchange, overriding SEBI's earlier orders. The ruling emphasized courts should adopt a liberal approach in time extension matters rather than a pedantic stance. The decision considered that no shareholders had raised grievances, and the Company provided reasonable explanations for previous delays, which SEBI and NSE had accepted until 30.09.2023. The extension was granted under Article 226, with the condition that failure to comply within the stipulated timeframe would result in reinstatement of SEBI's original orders. The judgment prioritized shareholder protection while balancing regulatory compliance requirements.
HC granted a 90-day extension to the Company for listing shares on the nationwide stock exchange, overriding SEBI's earlier orders. The ruling emphasized courts should adopt a liberal approach in time extension matters rather than a pedantic stance. The decision considered that no shareholders had raised grievances, and the Company provided reasonable explanations for previous delays, which SEBI and NSE had accepted until 30.09.2023. The extension was granted under Article 226, with the condition that failure to comply within the stipulated timeframe would result in reinstatement of SEBI's original orders. The judgment prioritized shareholder protection while balancing regulatory compliance requirements.
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