Tag: India Legal News

Luthra and Luthra elevates 31 members as it announces promotions for the year 2022

Luthra and Luthra Law Offices India celebrated its ‘32nd Annual Day’ on Saturday, the 10th of September 2022 in the most unique way with members gathered physically at respective offices and all offices connected virtually. The evening commenced with the Firm’s Founder & Managing Partner, Mr. Rajiv K Luthra addressing […]

Luthra and Luthra advise L and T Finance on a highway project of INR 629 Crores

Luthra and Luthra recently acted as Lenders’ Legal Counsel for L&T Finance Limited in relation to the financing made available to Kappirikkad Highways Private Limited, for an amount of INR 628 Crores in connection with six laning from Kappirikkad to Thalikulam section of NH-66 (old NH-17) in the […]

India: Economic Improvements in Sight

There have been some improvements India’s economic activities and the Government is making efforts to complete free trade agreements with some of the significant trading partners. The inflows from foreign portfolio investors have increased and currently highest in the last 20 months. There was a setback […]

India’s Insolvency and Bankruptcy Code, 2016 Will Prevail Over Customs Act, 1962

The Supreme Court has passed a landmark decision today in the matter of “Sundaresh Bhatt vs. Central Board of Indirect Taxes & Customs” [Civil Appeal No. 7667 of 2021] and held that the provisions of the Insolvency and Bankruptcy Code, 2016 (“Code”) will prevail over the […]

India: Economic Growth Further Slows Down

India’s economic growth has further slowed on global cues and disruptions as reflected in the reduced economic growth forecasts by global financial institutions. Concurrently, the Indian Rupee had almost a freefall against the dollar due to global factors such as the Russia-Ukraine conflict, soaring crude oil […]

Aekom Legal, firm of 25+ practitioners formed by breakaway team from Vaish Associates

Seasoned corporate lawyer Mr. Satwinder Singh, Partner at Vaish Associates Advocates along with Mr. NPS Chawla, Associate Partner and three Principal Associates, namely Mr. Sujoy Datta, Mr. Kalpit Khandelwal and Mr. Lokesh Dhyani have moved out from Vaish with team and have started a new journey […]

Link Legal advised Doncasters Group of Companies in relation to the Indian element of its acquisition of Uni-Pol Group of Companies

Link Legal represented and advised Doncasters Group of Companies (“Doncasters”) in relation to the Indian element of its acquisition of Uni-Pol Group of Companies (“Uni-Pol”).  Doncasters is a leading international manufacturer of high-precision engineering components. It has production facilities across Europe and the US and has market-leading specialist […]

DSK Legal welcomes 21 new partners and their teams

DSK Legal are delighted to announce that Mr. Bobby Chandhoke and Mr. Sudhir Sharma have joined DSK Legal together with 19 partners and their respective teams aggregating to 63 lawyers, after leaving L&L Partners where they had worked for several years. They bring a diverse range […]

Krishnayan Sen, Founding Partner and Head of Disputes Practice at Verus, is set to merge his practice with L and L Partners

L&L Partners is delighted to announce that Krishnayan Sen, Founding Partner and Head of Disputes Practice at Verus, is set to merge his practice and join L&L Partners as a Partner in the Firm’s Disputes Practice at New Delhi with his team. Sen, an Advocate-on-Record at […]

Funding Societies acquire CardUp’s entire shareholding – L and L partners acted for Sequoia  

The Firm recently advised Sequoia on sale of its entire shareholding in CardUp to Funding Societies, Southeast Asia’s largest SME digital financing platform. This forms a part of Funding Societies’ acquisition of CardUp’s entire shareholding.   L&L Partners advised Sequoia on all aspects of the transaction including negotiating & finalisation of transaction […]

L and L Partners advises L and T Finance Limited in connection with financial assistance made available to a subsidiary of Renew Power Private Limited

Banking & Finance team at L&L Partners Law Offices advised L&T Finance Limited (the “Lenders“) in connection with financial assistance for an aggregate principal amount of INR 595,00,00,000 (approx.) made available to a subsidiary of Renew Power Private Limited for its operational wind power project located at Babaleshwarand Batkurki districts of Karnataka.  The team […]

Singapore publishes new financial guidelines to address business continuity

On 6 June 2022, following two rounds of consultations, the Monetary Authority of Singapore (MAS) published revised Guidelines on Business Continuity Management (BCM), updating the existing patchwork of primary and subsidiary legislation. This iteration of the guidelines (2022 Guidelines) introduces a slew of changes which are expected to […]

India on Economic Growth Path, Albeit Slower

India continues its slow economic recovery while Covid-19 cases are rising once again in the country. The economic growth forecasts have been reduced by global financial institutions amidst internal issues including inflation and external issues comprising largely due to the supply chain disruption arising out of […]

L and L Partners acts for Gaja Capital making MarketXpander the next unicorn

The Firm’s Corporate team recently acted for Gaja Capital(“Gaja”), that is an existing investor in MarketXpander Services Private Limited (“Company”) on the recent fund raise by the Company from WestBridge With the recent investment, the Company has become a ‘unicorn’. The Firm acted as legal counsel to Gaja and […]

L and L Partners acted for Bank of Baroda for funding of working capital requirements of OLA Electric

L&L Partners recently advised Bank of Baroda in connection with the funding of working capital requirements of Ola Electric Technologies Private Limited aggregating up to INR 616.00 Crore for its green field project for manufacturing two-wheeler vehicles at Krishnagiri District, Tamil Nadu with an initial capacity […]

L and L Partners advised ICICI Bank Limited on a re-financing transaction in relation to Rajiv Chowk and Gurugram National Highway – 248A

The Firm advised and acted for ICICI Bank Limited (“ICICI”) in connection with financial assistance sanctioned to Rajiv Chowk-Sohna Highway Private Limited for the purpose of re-financing part of existing secured indebtedness of the borrower company availed in relation to six-laning and strengthening of NH-248A from existing km 2.740 (Rajiv […]

L and L Partners acts on one of the largest projects financing transactions in the fertilizer sector in India

L&L Partners acted as lenders’ legal counsel for 3 separate consortiums of banks led by State Bank of India, in relation to the financial assistance in the form of term loan facilities and working capital facilities made available to Hindustan Urvarak and Rasayan Limited for the purpose […]

Chandhiok and Mahajan elects three to Partnership

Chandhiok and Mahajan has promoted Lagna Panda, Avinash Amarnath and Lovejeet Singh to partnership, effective 1 April 2022. Commenting on the promotions, Pooja Mahajan, Managing Partner of C&M said: “our newly elected partners represent a breadth of skills and experience across practice areas. These promotions demonstrate […]

India Focuses on Business Operational Improvements

India is a state of static recovery with Covid-19 cases remaining low and other internal as well as external factors impacting major economic rebounds. The war in Ukraine has disrupted supply chain routes and Covid related economic packages are now adding to the inflation increase. This […]

All About NFTs and Art. Universal Legal – LawWiser

Know all the Jazz about NFT and Art in #LawWiser‘s fireside chat. Watch the full feature on All about NFTs and Art with with renowned artist and sculptor @Arzan Khambatta and @Anuradha Chowdhary, Tech Lawyer, @Universal Legal. Anuradha very succinctly explains what NFT means and Arzan takes […]

5 Global best Practices Every GC Must Consider

Today as businesses expand, GCs are part of business development and strategies as well. Do you wonder what are the best practices that a General Counsel must follow to bring quality and seamless workflow to any organisation? Watch #LawWiser’s latest video on “5 Global Best Practices […]

Data-driven legaltech platform SeedLegals expands into Asia-Pacific to strengthen the flourishing startup ecosystem

Leading UK legaltech platform SeedLegals, today announced the launch of its platform and service in Asia-Pacific. SeedLegals brings their automated legal solutions to Singapore and Hong Kong-based startups and small businesses, enabling them to raise investment, provide ESOP share options to their team and grow their […]

Doing business in the metaverse: legal risks and opportunities

So what, when the world is busy getting back into the post-pandemic groove; why should HR even be interested in this?  The Metaverse, and the proliferation of remote working arrangements are the two tectonic shifts that are reshaping the world we work in since the onset […]

India Sees Glimpses of Pre-Pandemic Times

India is feeling the impact of the ongoing war with lower economic forecasts as a fallout of the ongoing conflict. The situation relating to Covid 19 pandemic in India has seen significant improvement in the last month leading to lifting of restrictions across the country. We […]

India Improves Internally as Conflict Rages Externally

The third wave of Covid 19 pandemic in India abated as quickly as it has engulfed the entire country in a very short span of time. All activities have resumed in the country as the situation improved in the last few weeks. The forecasts by global […]

Online Dispute Resolution platform Presolv360 raises $1.08 Million (INR 8.13 crores) in Seed Funding from MGA Ventures, Omidyar Network India, and others

The legaltech startup’s portfolio has grown 10X; and is one of the only ODR platforms to be enlisted by the Ministry of Law & Justice and empaneled by a High Court in the country

Omicron Drives in the Indian New Year

The new year was ushered in riding on the third wave of Covid 19 pandemic in India largely due to the spread of the Omicron variant across the country. The daily case load shot up in the first 3 weeks of the month and restrictions were […]

Ritika Ganju, Partner, Phoenix Legal, on India’s “Cosmetic Rules, 2020”

Cosmetics although a substantial industry has been regulated thus far alongside drugs under the provisions of the Drugs and Cosmetic Act, 1940. With a huge range of international brands and booming domestic cosmetic production, it became inevitable for the regulator to streamline the regulatory process and […]

Remembering Christopher Hunter BA, 1964– 2021   

Christopher Hunter, publisher, journalist, scholar of Chinese, father of Jessica and son of Gillian and Frederic, passed away at home in Berkhamsted, England on Sunday, 21 November, 2021.  Chris, who lived in Hong Kong from 1987 to 2016, had been suffering from Multiple Sclerosis (MS) for […]

India Closes the Year with Economic Optimism

India continued to maintain momentum on economic recovery as projected forecast for growth was reduced by some global agencies. This is linked to the Covid 19 related situation prevailing in India currently. There has been a marginal rise in daily reported cases since the Omicron variant […]

30 People to Watch in the Business of Law in Asia in 2022

The 2022 installment of 30 People to Watch in the Business of Law in Asia is the 8th consecutive annual annual list in the series. 2022 will see more legal innovators from throughout the region gain more attention from alternative sources of legal information including legal […]

Shruti Ajitsaria on building a culture of digital innovation in the legal sector

Shruti Ajitsaria is Partner and Head of FUSE, A&O’s tech innovation space.  In this interview with Asia Law Portal, she outlines how technology is impacting the role of lawyers, how FUSE is serving as a catalyst for legal innovation in Asia, and the unique nature of […]

India Stays Steady as Storm Looms in Horizon

Just as we thought that the pandemic was slowly receding in India with very low daily cases and festive season behind us now, a fresh threat looms on the horizon. The Omicron variant is being seen as a concern worldwide now. India was gearing up to […]

‘The Thing About……Nishith Desai’  

Nishith Desai, founder of the eponymous firm Nishith Desai Associates, talks to Patrick Dransfield about strategy, technology and people management.

India: Should We Celebrate this Diwali

There has been cause for cheer as India scripted history by achieving administering 100 crore (one billion) Covid-19 vaccination doses in just about nine months of its rollout. The daily increase in new cases has remained on the lower all throughout the festive season. India is […]

India: Economy Shows Signs of Revival

There has been recovery of the Indian economy in the past month. The daily new Covid 19 cases have gone down some more to around 30,000 and even below on certain days. This is coupled with staggering coverage on vaccination across the country. Considering the vast […]

The Meng/Michaels Conflict and Beyond … Band Aids or Proactive Solutions for Trade Conflicts?

Introduction The protracted saga of the US Justice Department’s extradition request concerning Meng Wanzhou, Huawei’s CFO, is well known.[i]  This matter by far exceeds the scope of a normal fraud case – which it formally is, albeit within the framework of US sanctions – and has […]