Powerless under the country's constitution, Canadian municipal governments often find themselves in conflict with their provincial masters. In 2002, the Province of Quebec forcibly merged all cities on the Island of Montreal into a single municipality - a decision that was partially reversed in 2006. The first book-length study of the series of mergers imposed by the Parti Québécois government, The Merger Delusion is a sharp and insightful critique by a key player in anti-merger politics. Peter Trent, mayor of the City of Westmount, Quebec, foresaw the numerous financial and institutional problems posed by amalgamating municipalities into megacities. Here, he presents a stirring and detailed account of the battle he led against the provincial government, the City of Montreal, the Board of Trade, and many of his former colleagues. Describing how he took the struggle all the way to the Supreme Court of Canada, Trent demonstrates the ways in which de-mergers resonated with voters and eventually helped the Quebec Liberal Party win the 2003 provincial election. As the cost and pitfalls of forced mergers become clearer in hindsight, The Merger Delusion recounts a compelling case study with broad implications for cities across the globe.

• For non-finance executives to employ financial tools and techniques in their day-to-day work

Core Taxation Legislation and Study Guide is a reference text for students undertaking tax subjects. It provides curated extracts of legislation as well as useful guidance on study skills. Part 1: The Study Guide assists students to prepare for a tertiary taxation course and conduct basic taxation research. It refers to key reference material, including websites and research tools, and includes useful tips on study techniques, researching a tax problem, essay writing and presentation, answering taxation law exam questions and how to cite legislation, cases, articles, rulings and reports for assignments. Part 2: The Core Tax Legislation comprises selected extracts from relevant sections of taxation legislation and regulations. An essential resource, this text allows students to access the parts of the legislation they will need for a taxation law course in a time-saving and user-friendly way. Core Taxation Legislation and Study Guide 2022 is designed to be used in conjunction with Foundations of Taxation Law 2022.

About the Book With the rapid change in statutory environment, Corporate Law has also been evolving at faster pace from past several decades. The complexities in the laws have also been rising, which poses constant challenge to practising professionals. There also exist a lot of issues which perhaps may not be addressed by legislation and delegated legislation, some of which are addressed by the judiciary. The present book is a Compendium of Key Issues under Corporate Laws covering a wide spectrum of subjects in Corporate Laws, in five Volumes. This book brings out issues in Corporate Law covering aspects that professionals face in practice. It also brings out a lot of aspects that readers should be aware of. Legislation and case laws from other jurisdictions have been analysed to provide insight into the issues. Key Features ? Topic-wise detailed analysis of various Corporate Law issues. ? Various issues organised under topic heads addressing the key issues concerning the topic. ? Detailed analysis of statutory provisions along with relevant judicial pronouncements and provisions of allied laws (wherever applicable) for each topic has been provided; e.g. SEBI Act and various Regulations issued by the SEBI. ? Analysis of certain landmark judicial pronouncements. ? Comparative position of various topics between Companies Act, 2013 and Companies Act, 1956. ? Certain new concepts of Companies Act, 2013 explained in detail. ? Rules of interpretation of statutes have been discussed wherever necessary.

Due to increased globalization of trade, the business environment in most countries has become very competitive. Businesses have to work hard to find new customers and retain old ones. This has made good corporate governance indispensable to those who want to survive and flourish. This revised text, now in its Third Edition, continues to discuss the contemporary issues of corporate governance in the wake of changing business ambience. It provides the students and professionals with an understanding of techniques and methods that can be used in practice for introducing effective governance in companies. The Third Edition incorporates the updated revised SEBI rules and the powers given to it by the Government Ordinance in Chapter 12 (Highlights of SEBI’s Achievements) and Chapter 13 (Special Features of the Companies Amendment Bill, 2012). Besides, a new chapter on Corporate Social Responsibility (CSR) has been included as Chapter 10 which is an important aspect of corporate gover-nance. Case studies on CSR have been discussed which highlight the practice in organizations for treating CSR as a philosophy of the top management. Audience It is a valuable textbook for the students pursuing MBA, PGDM or MSW courses who are offered corporate governance as the select topic. Besides, practitioners will also find the book useful while reading the text along with the updated legal provisions and this will enable them to take a consolidated view on their decisions on corporate governance related issues. Key Features • Many relevant and interesting case studies have been included in the chapters. • All the chapters have been enriched with conclusion and summary to have a quick recap of the topic. • Review questions have been added at the end of the each chapter which are designed to test the grasping of the subject knowledge by the students. • Text and cases on CSR, which is a mandatory activity under the Companies Amendment Bill, 2012 has been incorporated. • The revised text includes highlights of SEBI’s initiatives and the revision in its rules, and suggestions for changes in SEBI’s functioning.

The real strengths of TS & A P revealed after demerger The demerger of the united Andhra Pradesh was a long drawn political imbroglio. The merger was not rcommended by SRC and Telangana people did not want it. Andhra state becoming unviable after their peremptory separation from Madras state in 1953 had merged with the well to do Telangana in 1956 with the help of central government,with some guarantees to Telangana. Then with their majority, they usurped all the political power to make use of Telangana revenue and its other resources . For, Andhra region revenue income was always less than its expenditure. To make good their deficit, Telangana revenue was used perennially, making less expenditure in Telangana than its due. Congress though conceded Telangana state under duress, has granted several sops to Andhra, as if it was the sufferer. Poor Telangana which was the victim of exploitation was to satisfy with its bare minimum state. Yet, residual A P has lamented with victimhood, injustice and developing Telangana with their own resources etc. Andhra had deficit from 1953 to 1956. It has a balanced budget in the united state from 1956 to 2014, as it was made good with the siphoning of revenue from Telangana. In 2014-15,immediately after demerger,it has registered a big deficit of around Rs.12000 cr exposing its legacy of inherent economic weakness. A P also has got about Rs. 52000 cr deficit grant from two Financial Cmmissions from 2015 to 2026 .Yet the A P finances continued to be precarious year after year. Telangana using its suppressed economic strength surged ahead climbing to the top rung of the economic status of the states in India. Andhra, using Telangna revenue neglected increasing its State Own Tax Revenue (SOTR), is now exposed of its concealed economic weakness. A P has a SOTR of about 50 % in its total revenues, while TS has more than70 %, as against 46% of national average.That reveals the real economic strength of both the states after the demerger. It amply vindicates Telangana claims and proves wrong the false premises of Andhra.