Disinvestment of holding in companies by their promoters at high premium where the companies themselves are defaulting in their liability to pay Government dues.
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....t high premium where the companies themselves are defaulting in their liability to pay Government dues - regarding. The Board has observed recently that the promoters of a number of Telecom companies have disinvested their holding in such companies at a hefty premium. The companies themselves are however defaulting in the dues to the Government on various accounts such as licence fees etc. It i....
TaxTMI