Month: February 2024

Khoshaim & Associates Advised on Landmark Private Share Swap in Saudi Car Leasing Industry In a move signifying a major development within the Saudi car leasing industry, Khoshaim & Associates (K&A) successfully advised the Saudi Economic and Development Holding Company (SEDCO) on a complex private share swap transaction. This agreement, signed with the United International

Allahabad High Court: Registration under the MSMED Act for Financial Activity Necessary to Provide Financial Services under Section 22 of the Act The Allahabad High Court has determined that the petitioner’s loan cannot be subject to recovery under the U.P. Regulation of Cold Storage Act, 1976, and the Micro, Small, and Medium Enterprises Development Act,

Court under Section 27 A&C Act Cannot Determine the Admissibility, Relevancy, Materiality, and Weight of Any Evidence: Delhi High Court Justice Sachin Datta has observed that under Section 27 of the Arbitration and Conciliation Act, 1996, (Arbitration Act) the court is prohibited from assessing the admissibility, relevance, materiality, and weight of any evidence. Such an

SEBI Proposes Stricter Regulations for Alternative Investment Funds The Securities and Exchange Board of India (SEBI) has turned its regulatory spotlight on Alternative investment funds (AIFs), expressing concerns about their compliance. In a mid-January consultation paper, SEBI outlined proposals aimed at enhancing trust and facilitating business within the AIF ecosystem while ensuring that the framework

Hunton Andrews Kurth Expands Global Reach with New South Korea Partners Hunton Andrews Kurth, a preeminent international law firm formed by the merger of Hunton & Williams LLP and Andrews Kurth Kenyon LLP in 2018, is bolstering its global capabilities with the addition of partners Nelson Ahn and Edward Kim. According to John Schneider, co-head

DCRDC Orders Lenovo India to Refund Laptop Amount And Compensate Consumer Noted that the issues with the product arose within a few months of the purchase The Hyderabad, Telangana bench of the District Consumer Disputes Redressal Commission (DCDRC) has held Lenovo India liable for deficiency in services and unfair trade practices for selling a defective

SpicyIP Doctoral Fellow Malobika Sen Our readers would have noticed that since November 2023, we have been publishing hard hitting, incisive posts by our fantastic two new SpicyIP Student Fellows Yogesh Byadwal and Tejaswini Kaushal. Yogesh is a second year student from the National Law School of India University, Bengaluru and Tejaswini is a third

Approaching Cross-Border M&A’s: The India way A significant rise in Cross-Border M&A transactions is a testament to the fact that the foreign companies have realized that economies of scale can be achieved effectively in India In recent times, there has been a surge in international trade with big corporate giants establishing their operations in multiple

Image from here Welcome back to the “Sifting Through SpicyIP Pages” series! This time, I have journeyed through the pages “Januarys” on SpicyIP since 2005 and got you some stories that, I think, have kept us occupied over the years. It’s the 8th post of this monthly series. We have already traversed through Junes, Julys,

Legal Regime for Regulating ESG Framework in India – Legal framework for ensuring ESG in India The ESG landscape is witnessing the rise of global recognition and ESG compliance-driven companies are attracting huge numbers of foreign investments. Introduction ESG has been gaining traction recently and the impact of financial and economic risks all across the