Author: Legal 60

In a significant judgement in the case of Devendra Kumar v. State (NCT of Delhi) & Anr [SLP (Criminal) No. 12373 of 2025], the Supreme Court of India adjudicated on the scope and application of Section 195 of the Criminal Procedure Code (Cr.P.C.), particularly concerning offences under Section 186 of the Indian Penal Code (“IPC”),

Introduction On August 19, 2025, the Supreme Court dismissed appeals by Nabha Power Limited (NPL) and Talwandi Sabo Power Limited (TSPL) in the case titled Nabha Power Limited v. Punjab State Power Corporation Limited and Others (Civil Appeal No. 8694 of 2017). Both companies sought deemed export benefits under the Foreign Trade Policy (FTP) 2009-2014. Delivering the Judgment, the Two Judge Bench

The concept of wilful default is central to India’s banking and insolvency framework. It safeguards public money and ensures accountability among borrowers, while also preventing misuse of financial restructuring mechanisms. Yet, its application is often controversial. The recent decision of the Delhi High Court in Punjab National Bank v. Nita Puri and Connected Matters (decided

The offence of obstructing a public servant in the discharge of official duties has long been recognised under Indian criminal law. Section 186 of the Indian Penal Code, 1860 (IPC), now re-enacted as Section 221 of the Bharatiya Nyaya Sanhita, 2023 (BNS), criminalises any voluntary obstruction of a public servant in the discharge of their

Baker McKenzie advised HARMAN in connection with its agreement with Wipro to sell its Digital Transformation Solutions (DTS) business unit for up to USD 375 million. The global law firm Baker McKenzie advised HARMAN in connection with its agreement with Indian tech firm Wipro to sell its Digital Transformation Solutions (DTS) business unit for up

NCLT Permits Liquidator to Pursue Legal Proceedings Against Slum Rehabilitation Authority Introduction The National Company Law Tribunal (NCLT), Mumbai Bench has allowed ICICI Prudential Real Estate AIF I to institute, prosecute, and defend legal proceedings relating to the termination of a Letter of Intent (LOI) by the Slum Rehabilitation Authority (SRA) in the matter of

One of the recurring questions in service jurisprudence is whether an employee who has retired from service can claim promotion with retrospective effect. This issue often arises when the Departmental Promotion Committee (DPC) is not convened in time, or when administrative delays prevent an eligible employee from being promoted before superannuation. While Article 16 of

Sidley advised International Paper Company on the US$1.5 billion sale of its Global Cellulose Fiber business. The global law firm Sidley advised International Paper Company (IP) as global antitrust counsel in the US$1.5 billion sale of its Global Cellulose Fiber (GCF) business to American International Partners. The move aligns with IP’s strategy to focus on

Matouk Bassiouny & Hennawy advised Beltone Mortgage Finance (BMF) on the launch of its debut securitization issuance, amounting to EGP 1.32 billion. This landmark transaction marks a pivotal milestone for BMF, reinforcing its position as an emerging leader in Egypt’s mortgage finance sector, showcasing the strength of its mortgage portfolio and its ability to tap

The Supreme Court of India in State Bank of India & Others v. Ramadhar Sao (Arising out of SLP(C) No. 6722 of 2023) delivered on 20 August 2025, examined critical issues concerning judicial interference in departmental inquiries, the scope of natural justice in disciplinary proceedings, and the proportionality of punishments in service jurisprudence. The case