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AI Drafter ✕

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Step 1 – Issue Identification & Review

The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

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Cabinet approves raising of additional share capital of M/s. HDFC Bankup to a maximum of 24,000 crore

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....abinet approves raising of additional share capital of M/s. HDFC Bankup to a maximum of 24,000 crore <br>News and Press Release<br>Dated:- 13-6-2018<br><BR>Cabinet approves raising of additional share....

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.... capital of M/s. HDFC Bankup to a maximum of &#8377; 24,000 crore &#8203;&#8203;&#8203;&#8203;&#8203;&#8203;&#8203;Composite foreign shareholding in the bank limited to 74% of the enhanced paid-up eq....

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....uity share capital of the bank The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal for grant of permission to M/s. HDFC Bank Ltd. to raise additional share ca....

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....pital of up to a maximum of &#8377; 24,000 crore, including premium, over and above the previous approved limit of &#8377; 10,000 crore, such that the composite foreign shareholding in the Bank shall ....

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....not exceed 74% of the enhanced paid-up equity share capital of the bank. The decision would ensure that the composite foreign shareholding in the bank inclusive of all types of foreign investments, b....

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....oth direct and indirect, will not exceed 74% of the enhanced paid-up equity share capital of the bank. It will be subject to Foreign Direct Investment Policy conditionalities and other sectoral regula....

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....tions / guidelines. The proposed investment is expected to strengthen the capital adequacy ratio of the bank.<BR> News - Press release - PIB....

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