TaxAdvisory Archives

SAM Advises AGCO Group on Overall Global Settlement with TAFE, secures USD 260 Million exit

The settlement was preceded by complex cross litigation and arbitration actions between the AGCO Group and TAFE, spanning over a year plus, across various fora in India (Supreme Court, Madras High Court, Egmore Commercial Court, etc.) and overseas (ICC arbitrations seated in London).

Case Briefs High Courts

Delhi High Court examines legitimacy of GST Show Cause Notices issued against Metal One Corporation, Sony India Limited and others

The Court held that the proceedings initiated in terms of the impugned SCNs and their continuance would be futile and impractical. The impugned SCNs are essentially rendered impotent and would serve no practical purpose.