Bombay High Court provides breather to Vodafone: no ‘income’, no transfer pricing adjustment on issue of shares

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Related briefings

Amendments to the metrology rules

The Legal Metrology (Packaged Commodities) Amendment Rules, 2017 (Amendment Rules) issued on 23 June 2017 had introduced important amendments to the Rules, especially in relation to e-commerce entities. The Amendment Rules came into force from 1 January 2018. Some of the important amendments in relation to e-commerce entities introduced vide the Amendment Rules are as […]

Delhi: Institutional push to arbitration

The Indian government has been committed towards making India an international hub for arbitration, at par with international standards, one that would give comfort to investors and businesses…

India: Securities board circular on listed entities schemes of arrangements

The Securities and Exchange Board of India (SEBI) has issued a circular dated 3 January 2018 (Ref: CFD/DIL3/CIR/2018/2) (2018 Amendment Circular), amending certain provisions of the SEBI Circular dated 10 March 2017 (Ref: CFD/DIL3/CIR/2017/21) which laid down detailed guidelines and procedures for listed entities undertaking schemes of arrangements (2017 Circular)…

Mumbai: Tribunal upholds book-value based taxation

The Mumbai bench of the Income-tax Appellate Tribunal (ITAT) has delivered a ruling favouring the taxpayer (Amartara Pvt. Ltd v DCIT, ITA No. 6114/Mum/2016) (Ruling) which could impact corporate restructurings significantly and increase the popularity of LLP as a preferred form of entity for business…

Telecoms India: new regulations on interconnection

The Telecom Regulatory Authority of India had received several representations from various telecom service providers to review the existing regulatory framework for interconnection. Accordingly, TRAI issued a pre-consultation paper on 14 October 2015 and sought views of TSPs on specific issues…

Latest Briefings

Civil partnerships: a thing of the past?

By Sarah Green This week, the Supreme Court has heard the case of a couple who wish for their relationship to have the same legal status as same-sex civil partners…

Letting standards slip: Hotel owners cannot enforce brand standards

By Edward John An appeal judge refused to grant a hotel owner an order for specific performance requiring the tenant to maintain active trade and keep and run premises in accordance with brand standards. In Zinc Cobham 1 Ltd and ors v Adda Hotels, Zinc Hotels failed in its attempt to force Adda Hotels and […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

Bulgaria to introduce derogations from the EU General Data Protection Regulation

The Bulgarian government has announced a set of specific requirements relating to the processing of personal data that it plans to introduce to national legislation in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

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London

JP Morgan asking for reduced rates in panel review

JP Morgan Chase has launched its latest panel review, having warned firms they will have to cut rates by at least 2 per cent to qualify.  The bank is also understood to have made specific overtures to some firms including Clifford Chance about the possibility of deepening relationships in the New Year, when the roster […]

The Lawyer magazine interviews Satinder Hunjan QC from No5 Chambers

The Lawyer magazine has interviewed Satinder Hunjan QC, head of the international and clinical negligence group at No5 Chambers. In the interview, Hunjan QC gives a deeper insight into the legal practice areas he specialises in. He talks about the daily issues faced and the types of cases he regularly works on.

Bär & Karrer advises Partners Group on acquisition of Helvetica 1 portfolio

Bär & Karrer has advised Partners Group, a private markets investment manager, on its acquisition of the ‘Helvetica I’ portfolio on behalf of its clients in a secondary transaction. Helvetica Property Investors will continue to act as asset manager of the commercial real-estate portfolio. The Bär & Karrer team included Corrado Rampini (M&A, real estate) and Christoph […]

family
2

Addleshaws, Bakers, Linklaters launch new UK parenting schemes after law change

Addleshaw Goddard, Baker & McKenzie and Linklaters are among firms to put forward new policies after legislation on shared parental leave became law yesterday (1 December) The new law, which will be enforced on 5 April, will allow parents with children due on or after that date to opt out of maternity leave and adoption leave […]

Ogier announces appointment of business and trust law partner Matthew Shaxson

Ogier is expanding in Jersey with the recruitment of partner Matthew Shaxson from Mourant Ozannes. He joins the business and trust law team, bringing with him extensive knowledge of mergers and acquisitions in the financial services sector, including working with Ogier on the management buyout of its fiduciary business. Other notable deals where Shaxson has been […]

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