Finance Blogs
Two years back, i have explained this case, while complaint was filed in NCLT, now it has become a landmark judgement of NCLAT, Find out our story tag ; The NCLAT on Wednesday held the conversion of Tata Sons – the principal holding company and promoter of Tata firms – into a private company from … Read More “NCLAT Ordered TATA & SONS to reconvert from pvt. co. to public co. and reinstate of its chairman Cyrus Mistry” »
Indian business houses are setting up family trusts in places like Malta and Dubai to keep their money safe. A business family based in New Delhi, with interests ranging from real estate to infrastructure, recently set up a family trust in Malta, Europe. The family trust has around 20 beneficiaries. The family, whose estimated net … Read More “New Tax Havens.” »
Google agreed to buy Fitbit for USD 2.1 billion in a deal giving the US tech giant a fresh entry in the wearable technology space and helping to challenge against rivals including Apple. “Google aspires to create tools that help people enhance their knowledge, success, health and happiness. This goal is closely aligned with Fitbit’s … Read More “Google to buy Fitbit For expansion of wearable technology.” »
The Investor Education & Protection Fund (Accounting, Audit, Transfer and Refund) Rules 2016 have been amended vide GSR No.571 (E) dated 14.8.2019 to simplify the process of refund of claims filed with The Investor Education & Protection Fund Authority (the Authority). The Authority has been set up under Section 125 of the Companies Act, 2013 … Read More “Amendments in IEPF.” »
