Tribunal Circumvents Board-Level Restructuring Resistance
NCLT directs Veranda Learning shareholder approval for commerce demerger, bypassing board-level resistance and raising governance control questions for restruct
Tata Capital’s ₹413 Crore Tax Reassessment Hits During Market Hours
Tata Capital faces ₹413 crore tax reassessment for FY 2017-18, plans appeal. Stock rises 1.39% as market prices in appeal prospects and provisions.
Corporate Governance Vagueness Has Real Market Costs
HDFC Bank CEO acknowledges how vague chairman resignation created market uncertainty, highlighting governance communication challenges boards face.
Post-Facto Shareholder Ratification Gets Shut Down by Supreme Court
Supreme Court bars post-facto shareholder ratification for fund diversions, ending corporate lawyers' "remedial pathway" and tightening director accountability.
Vedanta’s NCLAT Challenge Exposes Resolution Plan Approval Gaps
Vedanta challenges Adani's Jaiprakash Associates takeover at NCLAT, exposing gaps in resolution plan approval processes and creditor evaluation standards.
Resolution Plan Approval Process Shows Creditor Committee Blind Spots
Vedanta challenges NCLAT approval of Adani's lower bid for Jaiprakash Associates, exposing gaps in insolvency resolution plan evaluation transparency.
Creditor Committee Dynamics Get Court Test in Vedanta’s Jaiprakash Challenge
NCLAT challenge to Adani's Jaiprakash Associates acquisition reveals creditor committee decision-making gaps and procedural requirements for resolution plan app
MPTCA’s Late Fee Challenge Reveals Tax Audit Timeline Problem
MPTCA challenges Finance Bill 2026's proposed late fees for delayed tax audit reports, raising questions about audit committee timeline management.
₹573 Crore Tax Disallowance Hits LG Electronics During Routine Assessment
LG Electronics India faces ₹573 crore tax disallowance in draft assessment order, triggering disclosure obligations and 4.92% share price decline.
Vedanta’s IBC Appeal Tests How Far Creditors Can Stretch Commercial Judgment
Vedanta challenges CoC decision in Jaiprakash Associates case, testing boundaries between creditor commercial judgment and arbitrary decision-making under IBC f