PricewaterhouseCoopers (PwC)
Hammurabi & Solomon Partners has hired PwC associate director Pravesh Khandelwal as a partner in Gurgaon’s indirect tax and GST practice.
One does wonder whether all the Playboy publicity generated by Hefner’s death late last month would have positively affected valuations...
As first reported by us in August, two PwC indirect tax experts have now joined in partner-equivalent positions as executive and associate directors in Mumbai.
Khaitan & Co has hired PricewaterhouseCoopers (PwC) director Abhishek Rastogi and associate director Rashmi Deshpande into its indirect tax practice in Mumbai.
Ernst & Young (EY India) executive director Amit Bhagat joined PricewaterhouseCoopers (PwC) as a partner in the indirect tax practice with his team of 12 professionals.
PricewaterhouseCoopers' legal services head Leon Flavell said that the consultancy firm would become a $1bn global legal services player, aiming to grow from the $500m it generated from legal services in 2013. In the UK the firm has won a licence to operate as an Alternative Business Structure (ABS), allowing non-lawyers and companies to own legal services businesses. In India accountancy firms have been building legal capacity too for the last several years, winning a growing number of instructions [The Lawyer]
SC probes PwC accounts, FDI, FEMA fudging
A Chief-headed bench will examine an NGO’s allegations of financial and accounting irregularities at PricewaterhouseCoopers (PwC) and its locally allied auditing firms. PwC and others “are apparently indulging in activities in violation of various statutes and polices like evasion of income tax, violations of FDI policy, RBI guideline, Foreign Exchange Management Act (FEMA) and other rules” raising “serious apprehensions about the end use” of cash [PTI]
Delhi HC bans IIPM from advertising without court permission
The Delhi high court has passed an order affirming the UGC’s order debarring Arindam Chaudhary’s university IIPM from publishing ads in any medium without prior court permission [Firstpost]
Telangana-AP High Court Draft Reorganisation Bill
Telangana and Andhra Pradesh will have a common HC with the expenditure apportioned between the two according to state population ratio, according to the Andhra Pradesh Draft Reorganisation Bill [Deccan Chronicle]
CBI too challenges Guwahati HC unconstitutionality order
The CBI’s challenge to the Guwahati HC’s order declaring it unconstitutional, has been joined in the Supreme Court’s chief’s court to the Department of Personnel and Training’s challenge to the order [Firstpost]
Plea dismissed banning section 144 around India Gate: Delhi HC has dismissed a petition seeking a ban on imposing Section 144, CrPC, around India Gate. Section 144 prohibits the assembly of five or more people at and around India gate. It was imposed during the 16 December Delhi rape protests last year [TOI]
Coimbatore lawyers want Madras bench, Chennai don’t
Lawyers demand a Coimbatore bench of the Madras HC 10 years after Madurai got a bench of the HC, but lawyers in Chennai oppose the demand [TOI]
Advocate commission to check town planning
The Madras HC deputed three of its advocates in a commission to check improvement of facilities in Rameswaram and the Ramanathaswamy temple [PTI]
Khaitan & Co has made up a former PricewaterhouseCoopers (PwC) chartered accountant-cum-lawyer to partner.
Sanjay Sanghvi (pictured) only qualified as a lawyer after joining Khaitan in January 2008 from PwC. He is the third new member to the law firm's partnership in as many months.
He said that working in a law firm was very satisfying: "In accountancy firms you typically do compliance work and you don't go deeper into the law and interpretation.