No Tax Proceedings Clause Samples

No Tax Proceedings. Except as set forth on Schedule 3.8(b), there are no Tax Proceedings presently pending with regard to any Tax Returns or Taxes related to the Assets, and no notice has been received from any Governmental Authority of the expected commencement of such a Tax Proceeding.

No Tax Proceedings. The Eqalis Group: (i) has not lodged a private ruling request; (ii) is not the subject of any Tax audit; (iii) is not a party to any action or proceeding for the assessment or collection of Tax; (iv) does not have any dispute or disagreement with any Government Agency for Tax; and (v) has not made any agreement with or undertaking to any Government Agency.

No Tax Proceedings. The CBD Group: (i) has not lodged a private ruling request; (ii) is not the subject of any Tax audit; (iii) is not a party to any action or proceeding for the assessment or collection of Tax;

No Tax Proceedings. For the last three years, the TBG Group: (a) Is not and has not been the subject of any Tax audit; (b) Is not a party to any action or proceeding for the assessment or collection of Tax; (c) has not had any dispute or disagreement with any Government Agency for Tax; and (d) has not made any agreement with or undertaking to any Government Agency for Tax, and there is no fact or matter known to MBC which might give rise to any of the above.

No Tax Proceedings. The Sellers do not require any approval from Tax authorities for the transfer of the India Shares. There is no Tax related proceeding initiated, pending or, there is no written notice received by any of the Sellers of any Tax related proceeding subsisting against any of the Sellers and no Tax demand outstanding against any of the Sellers can adversely affect the transfer of the India Shares under Section 281 of the IT Act. Further, no H:815039 43 notice under Rule 2 of the Second Schedule of the IT Act has been served on any of the Sellers. There are no inquiries or investigations or Tax related proceedings against any of the Sellers under the provisions of the IT Act for the purpose of Section 281 of the IT Act. Without prejudice to the above, there are no circumstances whatsoever that would render the sale and transfer of any of the India Shares by the Sellers to Holdings, as contemplated by this Agreement, void or voidable, under the provisions of Section 281 of the IT Act or under any other Applicable Law.

No Tax Proceedings. Except as disclosed to the Buyer, ▇▇▇▇ ▇▇▇▇ and the ▇▇▇▇ ▇▇▇▇ Companies: (a) are not a party to any action or proceeding for the assessment or collection of Tax; (b) are not the subject of any dispute or disagreement with any Governmental Agency in relation to Tax; and (c) there is no fact or matter which would give rise to a reasonable suspicion by ▇▇▇▇ ▇▇▇▇ or the ▇▇▇▇ ▇▇▇▇ Companies or the Sellers that there are grounds which might give rise to any such action, proceeding, dispute or disagreement.

No Tax Proceedings. The Company: (a) is not a party to any action or proceeding for the assessment or collection of Tax nor has it received any notice of any pending or threatened Tax audit, action or proceeding; and (b) is not the subject of any dispute or disagreement with any Governmental Agency in relation to Tax.