SC lists Sec 14A-appeals involving Godrej & Maxopp on January 11

Nov 29,2016

SC lists Sec 14A-related appeals on January 11, 2017 including Maxopp Investment Ltd.’s case; Delhi HC in case of Maxopp had ruled that interest paid on borrowings used for acquiring strategic investments shall be subject to Sec 14A disallowance even if earning dividend income was incidental: Further, HC had relied on Bombay HC ruling in Godrej &a...

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