SHORT ANSWER:
The Supreme Court of India has made several rulings related to corporate corruption, including the 2G spectrum case and the Vodafone tax case.
DETAILS:
- The 2G spectrum case led to the cancellation of 122 telecom licenses due to irregularities in allocation.
- The Vodafone tax case ruled that foreign companies are not liable to pay tax on capital gains from the sale of shares in Indian companies if the shares are not located in India.
PUNISHMENT / IMPLICATIONS (if applicable):
- In the 2G case, individuals involved faced criminal charges and imprisonment.
- The Vodafone case clarified tax liabilities, impacting foreign investments in India.
SOURCE:
- 2G Spectrum Case: Supreme Court of India
- Vodafone Tax Case: Supreme Court of India
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