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CORPORATE VEIL
Shiv Sena not interested in breaking any party: Shaina NC amid "Operation Tiger" buzzShiv Sena leader Shaina NC has dismissed 'Operation Tiger' speculations. She stated the party has no interest in breaking other political o...
Palantir’s controversial manifesto: Post on AI weapons, Musk, religion and more stirs raging debatePalantir Technologies shared a summary of CEO Alex Karp's book, highlighting the end of the atomic age and the rise of AI deterrence, urgin...
You need more than lifting the corp veilThe National Consumer Disputes Redressal Commission has made a bold move by dissolving the corporate barrier between Ansal Properties and i...
Ansal Properties held accountable for subsidiary’s failure to deliver flats in Haryana township by consumer forumThe National Consumer Disputes Redressal Commission has ruled against Ansal Properties and Infra Ltd. The company is held responsible for i...
Centre, Delhi govt move SC against HC order asking DMRC to pay Rel InfraTerming the HC's directions as "erroneous" and "unprecedented in law", the central government in its appeal before the top court said that ...
Delhi HC asks Govt to clarify stand on sanction for attaching Delhi metro assetsDAMEPL, which had operated the Airport Express Line in Delhi, has sought to recover the balance ₹4,520 crore, including interest, that DMRC...
Foreign investors from Mauritius likely to keep taxman at bayOne such attempt by the Income tax (I-T) department to lift the 'corporate veil' was struck down this week by a court which ruled that the ...
Cairn set to file lawsuits to pierce corporate veil, seize Indian PSU assets to enforce arbitration awardThese assets can potentially be non-diplomatic ones and those owned by entities controlled by Indian government in nine countries. The laws...
Tata-Mistry tussle a litmus test for Indian governance standardsCorporate lawyers and compliance professionals believe that provisions related to corporate governance and insider trading are likely to be...
DRT allows bankers' plea on lifting of corporate veil, passes two other ordersBankers had filed the IA seeking lifting of corporate veil to pierce the protection against personal liablity enjoyed by individuals contro...
DRT to pass orders on interlocutory applications in Vijay Mallya case tomorrowDutch beer major Heineken had filed an application before the Debt Recovery Tribunal, seeking to be impleaded in the case to enjoy Right of...
Vijay Mallya case: Tribunal to take up 7 IAs for final hearingThe doctrine of Lifting of Corporate Veil means disregarding the corporate personality and looking behind the persons controlling the compa...
US court rejects plea for attachment of Sahara's Plaza and Dream Downtown hotelsIn a relief to Sahara, a US court has rejected a plea seeking to attach the Indian group's prized Plaza and Dream Downtown hotels here.
Essar created 'corporate veil' to conceal holding in Loop Telecom: CBICBI alleged before a special court that Essar Group had created a "corporate veil" through a web of firms to "conceal" its actual holding i...
FTIL challenges government order on merger with NSEL in High CourtThe company has filed a petition against Forward Markets Commission (FMC), the commodity futures market regulator, along with the governmen...
Merge NSEL with FTIL, says commodity market regulator to governmentA merger would transfer NSEL’s liabilities of more than Rs 5,000 cr to FTIL that has so far financially ring-fenced itself from the scam
Will the Reserve Bank of India lift the veil on corporate treasuries?RBI has signalled worries about the role of companies’ treasuries in financial markets. Although there are no measures to curb their action...
Illicit wealth under corporate veil maximum in US: SwitzerlandSwitzerland has claimed that the maximum instances of "corrupt assets" being concealed under corporate veil have been found in US and the E...
- DoT scan to identify promoters for telecom services
Panel to establish identity of shareholders behind new application for telecom services.
- COAI asks DoT to lift corporate veil in telecom license rush
Cellular Operators Association of India, a group of GSM-based mobile players, on Tuesday asked the government to strictly enforce condition...