Companies Bills provisions affecting M&A

Bar & Bench June 28 2012

By Lalit Kumar

JSA Partner, Lalit Kumar discusses some of the proposed amendments to the Companies Bill.

Last month the investors’ community was relieved, at least for a year, when the General Anti Avoidance Rule (GAAR) was deferred for a year although at the same time the whip of the retrospective amendments made to the income tax laws was hard to bear. Whether it was a good or a bad move in the income tax laws is a matter of debate but at least there cannot be any compliant about stagnancy in that . . .

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