The National Company Law Tribunal (NCLAT) has stayed an order of the Competition Commission of India (CCI) imposing a penalty of Rs. 87 crore on Hyundai. However, the NCLAT has directed Hyundai to deposit nine crore rupees with the Ministry of Corporate Affairs within a week. In case the appeal is allowed, the amount will be refunded with interest. Two former dealers of Hyundai vehicles in India – FX Enterprise Solutions and St. Antony’s Cars – had filed complaints before the CCI alleging anti-competitive behaviour on the part of the vehicle manufacturer. The Commission had passed orders in 2014, stating that […]

CLP India has appointed Sudipta Ghosh as their new General Counsel. Sudipta Ghosh succeeds Nabeel Saleem, who had left CLP to join Monsanto India as Legal Head. With over 14 years of experience, Ghosh joined CLP India in 2009 as Legal Counsel.  As CLP India’s General Counsel, Sudipta will advise the Company on various legal aspects of the business like litigation, project financing, new project development just to name a . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles One year access to all archival material Access to all Bar & […]

With Shuva Mandal’s decision to leave Shardul Amarchand Mangaldas to join Tata Group as Group General Counsel, Shardul Amarchand Mangaldas is already boosting its Mumbai office plans. The firm’s corporate M&A Partner Raghubir Menon is relocating to Mumbai along with Partners Natashaa Shroff and Ekta Gupta and a team of associates. Raghubir will take up the . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles One year access to all archival material Access to all Bar & Bench reports Register […]

Vishnu Jerome and Kalpana Merchant have rebranded their firm P&C Legal as “Jerome Merchant+Partners” to focus its growth areas on the practices offered at the Mumbai office. The practices offered are primarily in the areas of financial services, M&A, private equity, real estate, technology, funds and aviation. Vishnu had formed an alliance with Poovayya & Co

Mergermarket has released its M&A league tables for the first half of 2017. Shardul Amarchand Mangaldas has topped the deal value table, with 16 deals valued at $16.7 billion. AZB & Partners has recorded the highest number of deals (32) for H1 2017. The $12.7 billion Idea-Vodafone merger, which took place back in March, remains . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles One year access to all archival material Access to all Bar & Bench reports […]

Shardul Amarchand Mangaldas Litigation Partner Akhil Anand, has re-joined Luthra & Luthra as a Litigation Partner. Akhil graduated from Faculty of Law, University of Delhi in 2003. He is also an Advocate on Record. He has an extensive experience of over 13 years and has handled matters relating to Information Technology Act, apart from Companies Act, Arbitration Act, and Criminal Laws. Akhil was made Partner at Shardul Amarchand Mangaldas in 2016. Prior to Shardul Amarchand, he was heading the Litigation . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns […]

IP Astra, a Bangalore-based boutique IP firm led by CR Jacob, has merged its practice with LexOrbis. The merger is effective July 3. Jacob, who has over 15 years of experience spanning across research, academia and intellectual property fields, will be taking up the role of IP strategist with LexOrbis in Bangalore. Jacob’s practice areas are patent drafting and prosecution with emphasis on sensors, semiconductors, analog, digital, mixed signal, biomedical, video codecs, mobile communications, and . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and […]

ASA Law Firm has promoted two of its Managing Associates Abhishek Aggarwal and Nitesh Jain to partnership. Both Abhishek and Nitesh are part of the firm’s Litigation and Dispute Resolution team. ASA Law, set up by Atul Sharma in 2002, now has eight partners. Abhishek joined the bar in 2004 and is an Advocate on Record in Supreme Court of India. His area of expertise is civil litigation, banking matters and consumer-related litigation.

Majmudar & Partners promotes Amrit Mehta to Associate Partner level. He focuses on corporate/M&A, private equity, contract and employment practices of the firm. He is a 2008 graduate of National Law University, Jodhpur and has completed a secondment at the Japanese law firm, Mori Hamada & Matsumoto, Tokyo. Kritika Agarwal has been promoted to Principal. She focuses on M&A transactions, competition law, finance and information technology matters.  She . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles One year access […]

Kumar Abhishek Singh has joined K Law as a Partner in the firm’s Mumbai office. Kumar Abhishek specializes in  Shipping, Oil & Gas, International Trade and Economic Crimes (Defense). Prior to joining K Law, Kumar Abhishek was practicing as Counsel with Venki’s Chambers, Mumbai, headed by Late Mr. S. Venkiteswaran, Senior Advocate, an authority on Maritime law in India. He has also previously worked with an American think tank, in the . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns […]

Lakshmikumaran & Sridharan (L&S) has announced senior-level promotions in the firm. A total of seven  lawyers  have been elevated of which, six have been promoted as Partners (from Joint Partners) and one to Executive Partner (from Partner). V Sivasubramanian has been made Executive Partner and he is part of the Indirect Tax group. Here is the list of new Partners: Dhruv Gupta (International Trade)

Link Legal India Law Services promotes Durgesh Singh to partnership in Delhi and P Ravi Charan as an Associate Partner in Hyderabad. A graduate of Delhi University, Durgesh joined the firm in 2015 from Dua Associates. He is part of the Projects and Infrastructure practice. He has previously also worked at the Mumbai office of Amarchand Mangaldas in the Projects team.

Former AZB Capital Markets Partner Meera Singh has joined KPMG as General Counsel. Confirming the news, Meera Singh said, “I am very excited and happy to join the KPMG family and I am looking forward to being here.” Meera had resigned from AZB & Partners in 2014 for personal reasons and has . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles One year access to all archival material Access to all Bar & Bench reports Register Already a […]

The Insolvency and Bankruptcy Board of India (IBBI) has notified the final norms for fast track corporate insolvency resolution process (CIRP). The Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017 (Regulations) have been notified to give effect to Chapter IV of the Insolvency and Bankruptcy Code, 2016. Chapter IV of the Code provides for the substantive provisions relating to fast track insolvency, while the Regulations lay down . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access […]

IP firm Anand and Anand has merged its Mumbai practice with celebrity law firm Khimani & Associates. Khimani & Associates, a young law firm led by Priyanka Khimani, has, in the short time since its inception, made a mark in the Media & Entertainment and Intellectual Property space in Mumbai. The new firm in Mumbai will be known as “Anand and Anand & Khimani” and will begin operations from July 1, 2017.

Lakshmikumaran & Sridharan Executive Partner MP Devnath has joined Economic Laws Practice (ELP) as an Equity Partner, further expanding the firm’s Tax and Litigation practice. Devnath has over 22 years of experience and is an Advocate on Record. He regularly appears in matters before the Supreme Court of India. He has joined ELP with his team, which includes Vivek Sharma and Abhishek Anand, who have joined as Partner and Associate Partner respectively.

Juris Corp announced the exit of four of its Partners – Veena Sivaramakrishnan, Sandeep Mahapatra, Debanjan Banerjee and Abhinav Surana. The firm’s Managing Partner Jayesh H commented, “Sandeep & Veena have been an integral part of the Firm for many years. It has been immense pleasure working with them and with Debanjan and Abhinav. I thank all of them for all their invaluable contributions and wish them . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles One year […]

As part of its expansion strategy, Hammurabi & Solomon has acquired Mumbai-based law firm Brahmand Lexis. The acquisition is aimed at strengthening the firm’s presence in the dispute management, IPR and capital markets space. In a press release, Founder and Managing Partner of H&S Manoj Kumar was quoted as saying, “H&S is an institution, striving towards providing complete support and confidence to its . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles One year access to all archival […]

Inderpreet Sawhney has been appointed as General Counsel and Chief Compliance Officer of Infosys Limited. Sawhney, who is General Counsel at Wipro, is expected to join Infosys next month at the rank of executive vice-president, as first reported by VCCircle. The report also states that Wipro’s Chief Financial Officer (CFO) Jatin Dalal will take additional charge as interim General Counsel. Former Infosys GC David Kennedy was sacked by the company in December last year.

Tata Group General Counsel Bharat Vasani has snubbed Times of India for its malicious reporting and spreading rumours that he is leaving the Tata Group because of the change in . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles One year access to all archival material Access to all Bar & Bench reports Register Already a subscriber ? Login

Cyril Amarchand Mangaldas’ Mumbai Capital Markets Partner Nikhil Naredi has resigned from the firm. It is understood that Naredi has resigned for personal reasons. Cyril Amarchand Managing Partner Cyril Shroff confirmed his departure and said that Naredi will be on gardening leave till October. Naredi joined Cyril Amarchand Mangaldas in . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles One year access to all archival material Access to all Bar & Bench reports Register Already a subscriber ? Login

Nidhi Pathania, who had left Link Legal India Law Services in 2015 to join K Law, has rejoined the firm as an Associate Partner. She will be based out of Link Legal’s Mumbai office, part of the firm’s Banking & Finance practice team. Nidhi  started her career with Link Legal in 2007 and . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles One year access to all archival material Access to all Bar & Bench reports Register Already a subscriber ? Login

Argus Partners has set up its Financial Regulatory Practice (FRP) with former Reserve Bank of India (RBI) official Pramod Panda. Panda, after having worked at the RBI for close to 35 years, will be joining Argus as a Partner. He will be based out of firm’s Mumbai office. Argus Managing Partner Krishnava Dutt, commented, “We are indeed delighted to kick start the Financial Regulatory Practice with Mr. Pramod . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles One year access […]

HSA Advocates Associate Partner Nilesh Chandra has left the firm to join K Law as a Partner. Arjun Sharma, who was previously an associate in K Law’s Bangalore office, has rejoined the firm as an Associate Partner in Delhi. Chandra specializes in Banking & Project Finance, Infrastructure, Projects & Energy and PPP Projects. He joined HSA Advocates in 2012. A graduate of Campus Law Center, Delhi University, Chandra has previously worked at MV Kini & Co, Phoenix Legal and Lex Counsel Law . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One […]

The voting at Trilegal is complete and the partnership has decided in favour of Nisha Kaur Uberoi joining the firm as a Partner. As reported yesterday, Uberoi has resigned from AZB & Partners and was slated to joined Trilegal as a Partner and head of its competition law practice. Trilegal has sent out the official release, which states, “Nisha is one of the most highly rated competition lawyers in the country. She has a strong reputation as one of the few true experts in the field in the country. She has deep domestic and international experience in both merger control and cartel work.” Sridhar Gorthi, […]

Nisha Kaur Uberoi has resigned from AZB & Partners and is likely to join Trilegal as Head of Competition Law practice, according to sources. It is understood that Trilegal partnership has triggered the voting process. Interestingly, if Uberoi joins Trilegal partnership, she would be the first woman partner in Mumbai office and fourth in the firm. Other women partners include Charandeep Kaur, Kosturi Ghosh and Upasna Rao. Zia Mody commented: “..Her (Nisha) moving on so quickly is unfortunate. The path forward for the 3 partner AZB competition team of Samir Gandhi, Nisha and Rahul Rai was personally very exciting for me. […]

AZB & Partners is starting Transaction Support Group practice with former Cyril Amarchand Mangaldas TSG Head Ami Parikh. Ami would be joining the firm as a Partner Confirming the news, AZB Managing Partner Zia Mody said, “AZB is kicking off its TSG practise with Ami at its helm. I am personally convinced it will add significantly to the value proposition we deliver to our clients. We are looking forward to seeing this grow well. We welcome Ami as . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access […]

The National Company Law Appellate Tribunal (NCLAT) has decided upon the meaning of the terms “dispute” and “existence of dispute” under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The ruling was made on May 24, in the case of Kirusa Software Pvt Ltd. v/s Mobilox Innovations Pvt Ltd. The NCLAT has held that the term “dispute” as defined in the IBC is illustrative and not exhaustive. However, such dispute must be relatable to the debt or default claimed. Therefore, the word “includes” ought to be read as “means and includes” and would pertain to the proceedings initiated or pending […]

IndusLaw has moved to a bigger office in Delhi that accommodates about 80 people. The Firm’s new office is located at the 2nd Floor, Block D, The MIRA, Mathura Road, Ishwar Nagar, New Delhi. Commenting on this move, Avimukt Dar in the firm’s press release said, “Our move to a larger office with enhanced infrastructure and improved accessibility reflects the team’s steady expansion across multiple practice . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles One year access to all archival material Access to […]

Clasis Law has promoted two of its Associate Partners – Rahul Beruar and Vikram Bhargava to partnership. Beruar joined the firm in 2015 from Lakshmikumaran & Sridharan. He is heading the IP practice at Clasis. Bhargava specializes in corporate and regulatory laws with emphasis on mergers & acquisitions, joint ventures, fund investments and private equity transactions. The firm has also promoted three of its Senior Associates to Associate Partner level Priyanka Anand (Corporate) Neetika Ahuja (Corporate)