share capital of MAFFFL at all times,
right of first refusal ("RoFR") to non-selling shareholders and prior written consent
from each ... Response.
16.6 As regards the restrictive clause in the SHA pertaining to RoFR and prior written
consent from each of the non-selling shareholders
Vodafone India Services P. Ltd, Mumbai vs Assessee on 10 December, 2014
Income Tax Appellate
date fixed for the said purpose; (zx) "right-of-first-refusal" or "ROFR" means the right given to the InvIT by a person to enter
date fixed for the said purpose; (zr) "right-of-first-refusal" or "ROFR" of a REIT means the right given to the REIT
date fixed for the said purpose; (zr) "right-of-first-refusal" or "ROFR" of a REIT means the right given to the REIT
date fixed for the said purpose; (zx) "right-of-first-refusal" or "ROFR" means the right given to the InvIT by a person to enter
from Coca Cola Company towards breach of ROFR
agreement. The assessee has treated it as a capital receipt and has
credited to capital reserves
