Month: February 2025

The office of CGPDTM has invited comments on the Draft Guidelines for Processing Patent Applications of Ayush Systems and Related Inventions for providing clarity on the filing and processing of patent applications of Ayush systems and related inventions. The guidelines are available on the IPIndia website here. The deadline for sharing suggestions with the CGPDTM

Image from here The Ministry of Electronics and IT (MeitY) has published a report titled ‘AI Governance and Guidelines Development’. The Report was prepared by a Subcommittee, under the guidance of an Advisory Group (chaired by the Principal Scientific Advisor) to provide recommendations on AI governance in India. IndiaAI, an initiative of the MeitY has

Raj Karia Named Global Head Of Corporate, M&A, And Securities At Norton Rose Fulbright Global law firm Norton Rose Fulbright has announced the appointment of Raj Karia as the Global Head of its Corporate, M&A, and Securities practice. He will lead a team of over 450 partners and 700 lawyers across more than 50 offices

Shardul Amarchand Mangaldas & Co. Advised IndianOil Corporation On 1.2 MTPA LNG Deal With ADNOC Group Shardul Amarchand Mangaldas & Co. advised IndianOil Corporation Limited (“IOCL”) on a long-term sale and purchase arrangement for LNG with Abu Dhabi Gas Liquefaction Company Limited (“ADNOC”), as finalized on the sidelines of the ongoing India Energy Week 2025.

NCLT Admits Aviom India Housing Finance Into Insolvency Proceedings On RBI’s Plea The National Company Law Tribunal (NCLT) has admitted Aviom India Housing Private Limited, a Non-Banking Financial Company (NBFC), into the Corporate Insolvency Resolution Process (CIRP) following a petition filed by the Reserve Bank of India (RBI). The decision was delivered by a Bench

Cyril Amarchand Mangaldas Advised Fidelity Investments Cyril Amarchand Mangaldas (CAM) advised Fidelity Investments in a primary investment in Aditya Birla Fashion and Retail Ltd (ABFRL) of approximately USD 125 Million by way of preferential allotment. The team was led by Reeba Chacko, Senior Partner; and Saurav Samaddar, Partner; with support from Preethika Nannapaneni, Associate. The

Rabindra Purohit Joins Deepak Fertilisers & Petrochemical As Vice President – Legal Deepak Fertilisers & Petrochemical Corporation Limited has appointed Rabindra Kumar Purohit as Vice President – Legal, Company Secretary & Compliance Officer, effective 1 February, 2025. A qualified Company Secretary and Fellow Member of the Institute of Company Secretaries of India, Purohit is a

The Income-tax Bill, 2025, introduced by Finance Minister Nirmala Sitharaman on February 13, 2025, aims to replace the Income-tax Act, 1961, which has shaped India’s tax regime for over six decades. This comprehensive reform seeks to simplify tax laws, improve transparency, reduce compliance burdens, and modernize the taxation framework to meet evolving economic demands and

The registration of a second First Information Report (FIR) has been a contentious legal issue in India. The Supreme Court, in State of Rajasthan v. Surendra Singh Rathore [Arising out of SLP(Crl.) No.16358 of 2024], recently reaffirmed the legal principles governing the permissibility of second FIRs. The ruling clarified the conditions under which a second

Cyril Amarchand Mangaldas Acted As Legal Advisor To NIIF Infrastructure Finance Cyril Amarchand Mangaldas acted as legal advisor to NIIF Infrastructure Finance Limited in connection with the refinancing of the facility previously availed by Lightstorm Telecom Connectivity Private Limited. The transaction team was led by Yash Jain, Partner; with support from Aayush Kakodkar, Associate; Janani