FORGED DEGREES, SUPPRESSED ANTECEDENTS AND PERVERSE BAIL: SUPREME COURT REASSERTS DISCIPLINE IN GRANT OF LIBERTY

INTRODUCTIONIn Zeba Khan v. State of Uttar Pradesh & Others, reported as 2026 INSC 144, the Supreme Court of India, by Judgment dated 11 February 2026, delivered a significant ruling on the annulment of bail granted in serious fraud cases involving forged academic credentials and impersonation as an advocate. The Bench comprising Justice R. Mahadevan

... Continue Reading.

Acquisition Finance by Banks in India

Acquisition Finance by Banks in India Indian banks, with limited exceptions, were historically restricted from funding acquisition of equity in other companies. However, the Reserve Bank of India (“RBI”), perhaps recognising the strong growth potential for acquisition finance in India, on October 1, 2025, promised to provide an enabling framework to banks in India for

... Continue Reading.

Khaitan & Co Advised Consortium Of Oberoi Realty Limited, Shree Naman Developers Private Limited, And JM Financial Properties And Holdings Limited On Submission Of Resolution Plan For Hotel Horizon Private Limited Under CIRP

Khaitan & Co advised Consortium of Oberoi Realty Limited, Shree Naman Developers Private Limited, and JM Financial Properties and Holdings Limited on submission of resolution plan for Hotel Horizon Private Limited under CIRP The leading Indian law firm, Khaitan & Co advised a consortium of resolution applicants comprising Oberoi Realty Limited, Shree Naman Developers Private

... Continue Reading.

Khaitan & Co Advised American Industrial Partners On Sale of MolyCop Group To Tega Industries

Khaitan & Co Advised American Industrial Partners on Sale of MolyCop Group to Tega Industries The leading Indian law firm, Khaitan & Co advised funds managed by American Industrial Partners in connection with their entry into definitive agreements for the sale of MolyCop Group to Tega Industries, in partnership with funds managed by Apollo Global

... Continue Reading.

Governance Guidelines for NBFCs

Governance Guidelines for NBFCs On November 28, 2026, the RBI has notified new directions viz. Reserve Bank of India (Non-Banking Financial Companies – Governance) Directions, 2025 (“Governance Directions”) which deals with the governance guidelines applicable to certain NBFCs according to four different layers specified therein A success of any company is significantly influenced by its

... Continue Reading.

Khaitan & Co Advised Sarda Designer Private Limited On Proposed Acquisition Of 16 Industrial Units

Khaitan & Co Advised Sarda Designer Private Limited on Proposed Acquisition of 16 Industrial Units The leading Indian law firm, Khaitan & Co advised and assisted Sarda Designer Private Limited in its proposed acquisition of 16 premium industrial units at the large-scale industrial project ‘Regent SME Industrial Park’ in Barasat from S.D. Infrastructure & Real

... Continue Reading.