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Can share transfers be controlled?
Source: The Hindu Business Line There’s raging controversy over how the restrictions on such transfers can be enforced Many shareholder agreements contain clauses that restrict buyers from selling shares freely. However, whether...
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FinMin comes out with draft rules for safe harbours
In an effort to reduce litigation with foreign companies, the Finance Ministry has issued draft rules for safe harbours. The new rules, once notified, will define circumstances in which the Income Tax Authorities will accept the...
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