BCCI denied tax exemption under Section 11 of I-T Act deccanherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanherald.com Daily Mail and Mail on Sunday newspapers.
By Zach Swartz The Supreme Court seldom takes up issues around the federal securities laws. But in June, it handed down an important decision involving Section 11 of the Securities Act. Section 11 imposes strict liability on companies when their Securities and Exchange Commission (SEC) registration statements contain material misstatements or misleading omissions. The […] The post Picking Up Slack: The Supreme Court Raises a Compelling Question for Go-Public Deals appeared first on CorpGov.
Plaintiff purchased his Slack shares on the first day of trading. After Slack’s stock price dropped, plaintiff filed a Section 11 claim alleging that Slack’s registration statement was materially misleading. SCOTUS confirms enforcing Section 11 tracing requirement
The Gujarat government purchased electricity worth Rs 8,160 crore from Adani Power Ltd between 2021 and 2022 at tariff rates revised upwards from Rs 2.83 to Rs 8.83 per unit, the state Legislative Assembly was informed on Saturday. Considering this, a high-powered committee was formed by the state government.