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The primary difference between a compromise and an arrangement is that whereas an arrangement is between a company and its members or class of members, a compromise is between a company and its creditors or class of creditors.
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An Act to provide, keeping in view of the economic development of the country, for the establishment of a Commission to prevent practices having adverse effect on competition, to promote and sustain competition in markets, to protect the interests of consumers and to ensure freedom of trade carried on by other participants in markets, in India, and for matters connected therewith or incidental thereto. The Monopolies and Restrictive Trade Practices Act, 1969 [MRTP Act] repealed and is replaced by the Competition Act, 2002, with effect from 01st September, 2009
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Benami transaction means; a transaction or an arrangement:-
✦ Where the property is transferred to or held by a person, and consideration for such property has been provided or paid by another person.
✦ The property is held, by a person, for the immediate or future benefit, direct or indirect, of the person who has provided or paid consideration.
✦ Property is held, carried out or made in a fictitious name.
✦ Where the owner of the property is not aware of, or, denies knowledge of such ownership.
✦ Where person providing consideration for the property is not traceable or is fictitious.
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SA 510 and SA 240 explained by CA Amit Popli
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IND vs SA | World Cup T20 2024 | Match Preview and Stats | Fantasy 11 | Crictracker
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IND vs SA | World Cup T20 2024 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
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IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
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IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
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IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
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IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
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Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 Final. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
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