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Results: 1-10 of 15

Post-acquisition indemnity does not cover future events holds Delaware Chancery Court

  • Nishith Desai Associates
  • -
  • India, USA
  • -
  • January 17 2013

In a recent landmark ruling, Walter A. Winshall v. Viacom International Inc.1, the Delaware Court of Chancery has explained the scope of the

Top 10 lessons learned from the Vodafone, Aditya Birla and other tax cases in India

  • Pepper Hamilton LLP
  • -
  • India
  • -
  • September 29 2011

The rulings of the Bombay High Court in the famous US$2.5 billion tax assessment case against Vodafone in Vodafone v. Union of India and the rulings more recently in Aditya Birla Nuvo Limited v. DDIT and Union of India, New Cingular Wireless Services Inc. v. DDIT and Tata Industries Ltd. v. DDIT are all full of cautionary tales for foreign investors looking to buy Indian-related assets

Indian tax on indirect transfers of shares: the decision of the Indian Supreme Court in Vodafone and India’s proposed retrospective counteracting legislation

  • Sullivan & Cromwell LLP
  • -
  • India
  • -
  • May 4 2012

On 20 January 2012 the Indian Supreme Court found that India had no basis to tax the sale by a non- Indian subsidiary of indirect interests in an Indian telecoms company, Hutchison Essar

Supreme Court of India's Vodafone judgment: implications for international investors

  • White & Case LLP
  • -
  • India
  • -
  • February 9 2012

On January 20, 2012, the Supreme Court of India (the “Supreme Court”) delivered a landmark judgment in Vodafone International B.V. v. Union of India & Anr

Sanofi wins the indirect way

  • Singh & Associates
  • -
  • India
  • -
  • February 28 2013

Taxation Environment in a Country has also been and always remains a matter of concern for foreign investors. A foreign investor always

UK telecommunications company Vodafone recently receives favorable ruling from Supreme Court of India

  • Fox Rothschild LLP
  • -
  • India
  • -
  • June 26 2012

This past January, the Supreme Court in India ruled in Vodafone International Holdings B.V v. Union of India,Civil Appeal No. 733 of 2012 (arising from S.L.P. (C) No. 26529 of 2010) that the sale of stock of a company that was non-resident in India to another non-resident company was not subject to income tax in India

Vodafone ordered to deposit $554 million in Indian tax case

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • India
  • -
  • November 19 2010

Pending a final decision on Vodafone’s appeal against a government directive that holds Vodafone liable for US$2.5 billion in taxes and interest accruing from the company’s 2007 acquisition of Hutchison Essar, the Supreme Court of India ordered Vodafone on Monday to submit a deposit of $554.1 million within three weeks as well as bank guarantees within eight weeks that would cover the outstanding portion of the government’s tax claim

India's Supreme Court rules for Vodafone - a welcome signal for global investors

  • Pillsbury Winthrop Shaw Pittman LLP
  • -
  • India
  • -
  • January 31 2012

The Indian Supreme Court’s decision in the Vodafone case brings to an end the long saga that has kept global investors on edge about the taxation of foreign acquisitions in India

Indian Supreme Court holds for Vodafone

  • King & Spalding LLP
  • -
  • India
  • -
  • February 20 2012

On January 20, the Indian Supreme Court handed down a major victory for foreign investors in the landmark case of Vodafone International Holdings B.V

Indian international arbitration

  • Herbert Smith Freehills LLP
  • -
  • India, United Kingdom
  • -
  • July 16 2012

This e-bulletin discusses the arbitration-friendly decisions of the Calcutta and Delhi High Courts in Coal India Ltd v Canadian Commercial Corporation and Indiabulls Financial Services Ltd v Amaprop Ltd