https://www.taxtmi.com/caselaws?id=275528 The Tribunal concluded that the appellant did not acquire control over the target company under the agreement, and therefore, Regulation 12 was not triggered. The Board's direction to include Regulation 12 in the letter of offer was deemed unjustified. Consequently, the appeal was allowed, and the impugned direction was set aside with no order as to costs. en-us Fri, 15 Jan 2010 00:00:00 +0530 Tue, 22 Aug 2023 10:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275528 The Tribunal concluded that the appellant did not acquire control over the target company under the agreement, and therefore, Regulation 12 was not triggered. The Board's direction to include Regulation 12 in the letter of offer was deemed unjustified. Consequently, the appeal was allowed, and the impugned direction was set aside with no order as to costs. Case-Laws Companies Law Fri, 15 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275528