Bombay High Court Hears Writ Petition Challenging Stamp Duty Assessment on Demerger Scheme Under Article 25(da) of Maharashtra Stamp Act, 1958. Key Issue Pertains to Deduction of Debts from Enterprise Value in Calculating Market Value of Shares and Jurisdiction of Revenue Authority over NCLT-Sanctioned Scheme.
9 May 2025The writ petition arose from a dispute over stamp duty payable on a Scheme of Arrangement for demerger of the consumer mobile business of Tata Teleser...
