Masdar’s Inaugural Green Bond Raises $750 Million in Debut Offering Under the adept legal leadership of General Counsel Jonathan Evans, Masdar, the Abu Dhabi Future Energy Company, celebrated a significant achievement as it completed its inaugural green bond issuance. The issuance amounted to $750 million in 10-year senior unsecured Notes, garnering overwhelming support from both
... Continue Reading.Month: July 2023
SUPREME COURT UPHOLDS CONVICTION OF ACCUSED FOR ACCIDENTAL FIRING DESPITE LACK OF MOTIVE, BASED ON CIRCUMSTANTIAL EVIDENCE
SUPREME COURT UPHOLDS CONVICTION OF ACCUSED FOR ACCIDENTAL FIRING DESPITE LACK OF MOTIVE, BASED ON CIRCUMSTANTIAL EVIDENCE A Two Judge Bench of the Supreme Court comprising of Justice Abhay S. Oka and Rajesh Bindal in Criminal Appeal No. 2390 of 2010 passed a Judgment dated 17-07-2023 in the matter of Arvind Kumar Vs. State of
... Continue Reading.SUPREME COURT DEPRECATES PRACTICE OF IMPOSING PRE-CONDITION DEPOSIT OF HIGH AMOUNTS FOR ANTICIPATORY BAIL
SUPREME COURT DEPRECATES PRACTICE OF IMPOSING PRE-CONDITION DEPOSIT OF HIGH AMOUNTS FOR ANTICIPATORY BAIL A two-Judge Bench of the Supreme Court, comprising of Justice Dipankar Datta and Justice S. Ravindra Bhat, passed a judgment dated 04.07.2023 in the matter of Ramesh Kumar v. The State of NCT of Delhi [SLP (Crl.) No. 2358 of 2023], wherein,
... Continue Reading.CCI: Abuse of dominant position Under Section 4 requires delineation of relevant market & establishment of dominance of enterprise in the relevant market
CCI: Abuse of dominant position Under Section 4 requires delineation of relevant market & establishment of dominance of enterprise in the relevant market The Competition Commission of India (CCI), led by Chairperson Ravneet Kaur and Members Sangeeta Verma and Bhagwant Singh Bishnoi closed a complaint against the Central Government Health Scheme (CGHS) for alleged violation
... Continue Reading.NCLT Extends Deadline to Complete the Insolvency Process of Future Retail Till 17 August
NCLT Extends Deadline to Complete the Insolvency Process of Future Retail Till 17 August The National Company Law Tribunal (NCLT) has granted a 90-day extension to the Future Retail Ltd (FRL) to conclude the Corporate Insolvency Resolution Process (CIRP) of the company. The Mumbai bench of the NCLT has extended the deadline to 17 August,
... Continue Reading.Supreme Court to Hear Plea Against PMLA Amendment Mandating Prior Approval to Probe Govt Officials for Graft
Supreme Court to Hear Plea Against PMLA Amendment Mandating Prior Approval to Probe Govt Officials for Graft The Supreme Court has agreed to list for early hearing a Public Interest Litigation (PIL) challenging the constitutional validity of a provision of the anti-graft law which mandates prior sanction for initiating a probe against a Govt official
... Continue Reading.SUPREME COURT ACQUITS APPELLANTS-ACCUSED OF CHARGES OF VOLUNTARILY CAUSING HURT IN THE ABSENCE OF ANY CORROBORATIVE EVIDENCE AGAINST THE ACCUSED
SUPREME COURT ACQUITS APPELLANTS-ACCUSED OF CHARGES OF VOLUNTARILY CAUSING HURT IN THE ABSENCE OF ANY CORROBORATIVE EVIDENCE AGAINST THE ACCUSED A two Judge Bench of the Supreme Court comprising of Justice S. Ravindra Bhat and Justice Aravind Kumar passed a Judgment dated 19.07.2023, in Boini Mahipal And Anr v. The State of Telangana, Criminal Appeal
... Continue Reading.Webinar on IPR and Startups: Legal Considerations for Entrepreneurs and Innovators | CIILE & Startup Cell, CNLU
The Centre for Innovation, Incubation and Legal Entrepreneurship (CIILE) and Startup Cell of CNLU, is organising a webinar on “IPR and Startups: Legal Considerations for Entrepreneurs and Innovators” on 26th July 2023. The webinar aims to empower student participants with the knowledge and confidence to successfully protect their innovative ideas and navigate the startup world.
... Continue Reading.Balancing Review and Recall: NCLAT on Correction of Procedural Errors
[Basil Gupta is a 4th year B.A., LL.B. (Hons.) student at National Law University, Jodhpur] The National Company Law Appellate Tribunal (NCLAT) has clarified that it possesses the power to recall its judgments, asserting its inherent authority under Rule 11 of the NCLAT Rules, 2016. In a significant decision, a five-member bench of the NCLAT
... Continue Reading.Vikram Sobti Partner at Chandhiok & Mahajan Quits to Join Emaar India as General Counsel
Vikram Sobti Partner at Chandhiok & Mahajan Quits to Join Emaar India as General Counsel Chandhiok & Mahajan Partner Vikram Sobti has quit the law firm to join Emaar India as General Counsel. He graduated in 2010 from Delhi University and started his career in law at Luthra & Luthra Law Offices. Sobti is a
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