LVB-DBS deal: HC asks RBI to relook at valuation
India Business News: The Madras HC has asked RBI to carry out a valuation of shares and assets of DBS Bank India and Lakshmi Vilas Bank as on the date before their amalgam
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India Business News: The Madras HC has asked RBI to carry out a valuation of shares and assets of DBS Bank India and Lakshmi Vilas Bank as on the date before their amalgam
Madras High Court has directed RBI to reevaluate DBS Bank India and LVB pre-amalgamation, influencing share value/write-off decisions within four months, in response to bondholders' suit, highlighting transparency and fairness for stakeholders.
The Court clarified that not only corporal punishment, but also any indirect form of harassment of children in schools must be eliminated.
The article discusses the applicability of GST on hostel rents and residential accommodation services.
The four Bar associations that are active at the Madras High Court’s principal bench in Chennai made a joint representation before Chief Justice SV Gangapurwala