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Value commerce platform Meesho is contesting a Rs 14.29 crore tax demand. The Goods and Services Tax Appellate Tribunal issued the demand for alleged failure to collect tax at source on certain seller

Investors are demanding answers from Alphabet regarding its technology and cloud services used by governments for surveillance. A group managing over a trillion dollars has written to the company seek

The procedure outlines steps for altering the Memorandum of Association, including board approval, shareholder resolution, and regulatory filings. It emphasizes that changes become effective only afte

Activism remains a persistent and increasingly important feature of the landscape for publicly traded insurance groups. As we have discussed in prior Debevoise Updates, activist campaigns in recent ye

The issue was inconsistent prudential norms across financial entities. RBI mandated that Non-Operative Financial Holding Companies follow commercial bank asset classification rules. The post RBI (Non-

The amendment addresses inconsistencies in asset classification and provisioning norms. RBI aligned stressed asset resolution rules with the 2026 provisioning directions for uniform treatment. The pos

RBI introduced a timeline for declaring wilful defaulters after NPA classification. It ensures faster identification and strengthens credit discipline. The post RBI (Commercial Banks – Treatment of Wi

The amendment revises the definition of financial difficulty for urban cooperative banks. The key takeaway is uniform interpretation across banking segments for resolving stressed assets. The post RBI

RBI mandates that penal charges apply only after a three-day delay and only on outstanding dues. The ruling protects customers from excessive penalties and ensures fair billing practices. The post RBI

RBI revised credit risk transfer rules to align with updated asset classification norms. The amendment ensures consistent recognition, provisioning, and disclosure of acquired loans. The post RBI (Com