Month: February 2024

                                             It would be most significant to note that the Kerala High Court while ruling on a very vital legal point pertaining to the victim of the crime being penalized has as recently as

White & Case Boosts Real Estate Practice With the Appointment of John Cahill as Partner He was a partner and head of the real estate finance practice group at Paul Hastings White & Case has fortified its global real estate and M&A offering by adding John Cahill as a Partner. Splitting his time between Hong

The ‘Lachmi Narain v. Union of India (1976)’ case falls within the domain of administrative law, specifically addressing delegated legislation. It focuses on the scope of authority granted to the Central Government under Section 2 of the Union Territories (Laws) Act, 1950. Case Title: Lachmi Narain v. Union of India Court: Supreme Court of India

Mori Hamada & Matsumoto Reveals Expansion Plans with Yokohama Office Led by Yuta Kawashima It will be the firm’s seventh domestic set-up Leading Japanese law firm Mori Hamada & Matsumoto has publicized establishing a presence in Yokohama, the second-largest city in the country. In 2023, the Tokyo-headquartered firm launched an office in Sapporo, the northern

White & Case Advised French Energy Group TotalEnergies on Stake in Malaysia’s SapuraOMV The deal was worth $903 million International law firm White & Case has advised TotalEnergies, a French multinational integrated energy and petroleum company on its acquisition of a 50 percent stake in Malaysia-headquartered SapuraOMV from Austrian oil and gas company OMV. Founded

Meysan Partners Acted on UPayments’ Milestone Investment from National Bank of Kuwait Leading Kuwaiti law firm Meysan Partners successfully steered online payment solutions provider UPayments towards a groundbreaking partnership with the National Bank of Kuwait (NBK). This strategic move, involving the sale of a 51 per cent stake in UPayments to NBK, marks a significant

Delhi High Court: Mere TDS Deduction On Grants by A Donor Doesn’t Disqualify Assessee-NGO from Section 11 Income Tax Act Exemption The Delhi High Court has ruled that the mere deduction of TDS by a donor on grants does not disqualify the assessee-NGO from exemption under Section 11 of the Income Tax Act. The bench,

Bombay High Court: Interest Paid On A Loan Taken To Invest In Shares Of A Subsidiary As Part Of Regular Business Activities Is Allowable Expenditure The Bombay High Court has ruled that when an assessee, for commercial expediency and as part of its regular business operations, acquires a loan to invest in shares of its

NCDRC Rules: Burden of Proof in Insurance Claims Lies with Insured, Not Insurer The National Consumer Disputes Redressal Commission (NCDRC), presided over by Justice Ram Surat Maurya (presiding member) and Bharatkumar Pandya (member), dismissed a review petition challenging a decision in favour of Cholamandalam Insurance Company. The Commission reaffirmed the principle that the burden of

Khaitan & Co Acted on Axis AMC’s Strategic Fabindia Stake Sale to SBI General Insurance Khaitan & Co, a leading law firm, successfully advised Axis Asset Management Company Limited (Axis AMC) on the sale of its entire stake in Fabindia Limited to SBI Life Insurance Company Limited. This strategic transaction involved the transfer of Axis