Khaitan & Co advised Ashra Private Equity Fund on investment in Buildwealth Technologies Industries Private Limited Khaitan & Co advised Ashra Private Equity Fund (a scheme of Shepherds Hill Private Equity Trust) on its participation in the Series C1 round issued by Buildwealth Technologies Private Limited (dba Wealthy). Buildwealth Technologies Private Limited, together with its
... Continue Reading.Month: November 2025
Khaitan & Co Advised R Systems International Limited On Acquisition Financing
Khaitan & Co advised R Systems International Limited on acquisition financing Khaitan & Co, the leading law firm in India, advised R Systems International Limited, a portfolio company owned by the Blackstone Group, in relation to the acquisition financing by way of issuance of listed, unsecured, non-convertible debentures aggregating up to INR 275 crores to
... Continue Reading.Uncovering Significant Beneficial Owners Through Publicly Available Information
[Pammy Jaiswal is a Partner and Darshan Rao is an Executive, both at Vinod Kothari and Company] The framework for significant beneficial owner (“SBO”) identification can be traced back to the recommendations of the Financial Action Task Force (“FATF”). Section 90 of the Companies Act, 2013 (“Act”) read with the Companies (Significant Beneficial Owners) Rules, 2018 (“SBO Rules”) translates the
... Continue Reading.Statutory Benefits Cannot Be Claimed After Settlement, Reiterates Supreme Court
In a significant judgment that strengthens the finality of negotiated settlements in land acquisition cases, the Supreme Court of India in Government of Tamil Nadu v. P.R. Jaganathan & Ors. (2025 INSC 1332) held that once landowners voluntarily enter into a negotiated compensation agreement under Section 7 of the Tamil Nadu Acquisition of Land for
... Continue Reading.From Law School to Your First Job: How to Beat First-Day Jitters
Stepping into your first legal job—whether as a junior associate, intern, or chamber apprentice—marks the beginning of a transformative journey. Yet, despite years of mooting, internships, bare-act reading, and late-night assignment submissions, nothing fully prepares you for Day One in the real legal world. It is normal to feel anxious, uncertain, or overwhelmed. First-day jitters
... Continue Reading.Promissory Note: Meaning, Essentials, Parties
In commercial dealings, the need for a reliable and written promise to pay money has long been recognised. One of the earliest and most widely used instruments for this purpose is the promissory note, formally governed in India by the Negotiable Instruments Act, 1881. A promissory note plays an essential role in credit-based transactions, enabling
... Continue Reading.Case Summary: Gaurav Dixit v. Priyanka Sharma (2025) | Divorce on Ground of Mental Cruelty
The decision of Delhi High Court in Gaurav Dixit v. Priyanka Sharma (2025) presents a detailed judicial examination of how mental cruelty is to be assessed in contemporary matrimonial disputes. The case arose from an appeal filed by the husband challenging the Family Court’s refusal to grant a divorce under Section 13(1)(ia) of the Hindu
... Continue Reading.Supreme Court Clarifies 3-Year Practice Rule: Judicial Officers Appointed Before May 2025 Stand Exempt
A major clarification from the Supreme Court has brought relief to thousands of sitting judicial officers across India who were apprehensive about the newly introduced mandatory three-year practice requirement for entry into the Civil Judge (Junior Division) cadre. In a significant order dated 18 November 2025, the Supreme Court in All India Judges Association v.
... Continue Reading.International Trial Advocacy Competition 3.0 | Faculty of Law, SGT University
Faculty of Law, SGT University is organizing an International Trial Advocacy Competition 3.0, in collaboration with Ranka Charitable Trust proudly hosted by the School of Law, SGT University, Gurugram Haryana. About SGT University SGT University, established in 2013 through a Government of Haryana Legislative Act, is one of the premier institutions of higher education in
... Continue Reading.Global Voices 2025: Peace & Human Rights Model United Nations | Faculty of Law, SGT University
Faculty of Law, SGT University is hosting Global Voices 2025, a two-day Model United Nations (MUN) conference on 8–9 December 2025 at its Gurugram campus. Designed for both school and university students, the conference aims to foster diplomacy, critical thinking, and global awareness by offering an immersive platform to experience the art of debate and
... Continue Reading.