The Union government on Monday moved an ordinance to introduce pre-packaged insolvency resolution options for micro, small and medium enterprises, following global best practices. (Photo Credit: Livemint)
6th April 2021 | Livemint Read More
Subsequent to the enactment of the Finance Bill 2021, the Income Tax Department has notified changes to be incorporated in the audit report. These changes relate to reporting of property transactions and goodwill, besides others. (Photo Credit : The Hindu BusinessLine)
5th April 2021 | The Hindu BusinessLine Read More
The fantasy sports industry has evolved to capture more than 100 Mn users of India’s 360 Mn (approx.) mobile gaming market. Even as regulators and the government are scrambling to address segment-specific issues, fantasy gaming continues to operate in a regulatory grey area. (Photo Credit: Inc 42)
30th March 2021 | Inc42 Read More
Financial creditors who relied on balance sheets as proof of debt to initiate insolvency proceedings may now face a new hurdle following a ruling by the National Company Law Appellate Tribunal. (Photo Credit: Bloomberg Quint)
28th December 2020 | Bloomberg QuintRead More
Parties seeking merger clearance can sigh with relief, as India has done away with the disclosure requirements governing non-compete clauses. In November, the Competition Commission of India (CCI) announced that parties to a combination (merger/ acquisition) are no longer required to give separate details regarding non-compete clauses. This ensures flexibility for both the competition authority and merging parties. It is a win-win situation, as the merger review process will not be held up by these clauses, giving the industry the flexibility to operate commercially.
28th December 2020 | India Business Law JournalRead More
Cyril Amarchand Mangaldas (CAM) has announced a permanent working policy that allows its teams to work onsite and offsite, including work from home. The firm has been working on a remote-only model since the start of the pandemic and will continue the current work-from-home arrangement until 31 March 2021. The new long-term work- ing policy will come into effect after the pandemic wanes.
28th December 2020 | India Business Law JournalRead MoreThis website has been designed only for the purposes of dissemination of basic information on Cyril Amarchand Mangaldas; information which is otherwise available on the internet, various public platforms and social media. Careful attention has been given to ensure that the information provided herein is accurate and up-to-date. However, Cyril Amarchand Mangaldas is not responsible for any reliance that a reader places on such information and shall not be liable for any loss or damage caused due to any inaccuracy in or exclusion of any information, or its interpretation thereof. Reader is advised to confirm the veracity of the same from independent and expert sources.
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