Substance vs form: All eyes now on Tiger Global case after SC's verdict on global hospitality leader Hyatt International

Following the Hyatt International ruling, the Tiger Global case has garnered significant attention, potentially reshaping foreign investment strategies in India. The Supreme Court's emphasis on 'substance over form' in the Hyatt case raises questions about its applicability to Tiger Global, particularly regarding the validity of tax residency certificates from Mauritius. The verdict could impact tax benefits claimed by overseas investors.