Author: Binoy Parikh

(First published on Linkedin) In a recent decision, the Karnataka High Court reiterated that the rights of a nominee and those of […]

(First published on Linkedin) In a recent decision, the NCLAT held that a settlor and a trustee are distinct for the purposes […]

(First published on Linkedin) In a recent informal guidance, SEBI clarified that reclassification of promoters to the public category is permissible, provided […]

(First published on Linkedin) Demerger has multiple nuances before it can be considered as a “tax neutral demerger”: 1. Undertaking v/s Shares: […]

(First published on Linkedin) Clause 92(2)(m) of the new Income-tax Bill [presently, section 56(2)(x)] taxes receipt of shares/ securities/ specified properties without […]

(First published in The Economic Times: https://auto.economictimes.indiatimes.com/news/auto-components/gabriel-india-restructures-to-become-a-leading-mobility-solutions-provider/122171758) Gabriel India has announced a major corporate restructuring through a composite scheme of arrangement involving […]

(First published on MoneyControl: https://www.moneycontrol.com/news/business/ipo/manipal-cards-files-confidential-drhp-to-raise-rs-1-200-crore-at-rs-12-000-crore-valuation-13201472.html) Manipal Payment and Identity Solutions Ltd (MPISL), India’s largest manufacturer of payment and identity cards, has filed […]

(First published on Linkedin) Last week, I had the opportunity to take a webinar, organized by Taxsutra, on the commercial considerations driving […]

(First published on MoneyControl: https://www.moneycontrol.com/news/opinion/family-arrangements-in-india-legal-backbone-of-legacy-realignments-13031871.html) In India’s legacy business families, ownership structures are often deeply intertwined, spanning multiple entities, generations, and business […]

(First published on Linkedin) Stamp duty is often one of the largest fiscal costs in mergers and demergers – precisely because it’s […]