CAM advises Lati Industria Termoplastici on strategic acquisition and joint venture with Loxim Industries
Cyril Amarchand Mangaldas advised Lati Industria Termoplastici S.p.A. (“LATI”)
slump sale
ITAT allows Vodafone’s claim of depreciation on goodwill acquired pursuant to slump sale acquisition of Call Centre Business from VEGL
ITAT noted that Parliament had taken due note that the Supreme Court had held that the goodwill arising on business reorganization i.e. amalgamation, slump sales, demerger etc. is a depreciable intangible asset under Section 32 of the Act.