We are pleased to share our latest publication ‘Competition News Alert’, on the Settlement and Commitment Regulations, recently notified by the Competition Commission of India (CCI) on 6th March 2024, pursuant to the recent gazette notification, S.O. 1065(E), dated 5th March 2024, issued by the Government of India, Ministry of Corporate Affairs, whereby it has […]
In the March edition of our monthly newsletter “Legalaxy”, our team analyses some of the key developments in securities market, foreign direct investment, banking and finance, labour, insolvency and liquidation, environment, power, and corporate affairs Below are the key highlights of the newsletter: SEBI issues revised pricing guidelines for institutional placements by privately placed INVITs […]
India’s fair market watchdog, Competition Commission of India (“CCI”), after due consultations, has finally notified the “leniency plus” mechanism to further strengthen cartel detecting framework in India. CCI, in exercise of its powers underpowers conferred by sub- section (1) and clauses (ga),(gb) and (gc) of sub-section (2) of section 64, read with section 46 and […]
The National Company Law Appellate Tribunal, Principal Bench, New Delhi (“NCLAT”), in its judgement dated December 8, 2023, in the matter of CA Jai Narayan Gupta v. Radhasiriya Properties Private Limited [Company Appeal (AT) (Insolvency) No. 1473 of 2023], has held that a liquidator is not entitled to charge any fee from a scheme proponent […]
The Bombay High Court (“HC“) vide its judgement dated December 12, 2023, in the matter of Hitachi Astemo Fie Private Limited v. Nirajkumar Prabhakarrao Kadu [2023 SCC OnLine Bom 2652], while upholding the termination of an employee on account of inciting hate against the company, has held that the freedom of speech and expression cannot […]
The Supreme Court, vide its judgment dated January 3, 2024, in the matter of Bharti Airtel Limited and Another v. Vijaykumar V. Iyer and Others [Civil Appeal Nos. 3088-3089 of 2020], has undertaken an in-depth analysis of various types of set-offs recognized under law and their applicability during Corporate Insolvency Resolution Process (“CIRP”) of a […]
