Toll-roads
Last Monday (September 1), the Rajasthan High Court,stayed the hike in toll on the Jaipur-Delhi national highway. This stay order will remain till such time the National Highways Authority of India (NHAI) and the operator file an affidavit confirming that the road is in good condition. They also have to confirm that a proper and maintained [...] Continue Reading »
The changes are made by the Corporate Affairs Ministry to avoid confusion among share holders and bring consistency to its recent guidance. There will not be two classes of companies for reduction purpose as it was mentioned in the new company law schedule for depreciation. The ministry also restored revenue-based amortisation for toll-roads developed under [...] Continue Reading »
