S&R Associates advised IRB Infrastructure Trust on investment in IRB Chandibhadra Tollway The leading law firm in India, S&R Associates represented IRB Infrastructure Trust, an infrastructure investment trust which owns and operates road assets in India, in its investment, including upfront concession fees of INR 30.8 billion, in IRB Chandibhadra Tollway, the concessionaire of a
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Is Blacklisting a Natural Outcome of Contract Termination? Supreme Court Clarifies
The relationship between contract termination and blacklisting has long been a contentious issue in public procurement law. Government authorities frequently terminate contracts upon finding deficiencies or breaches, and in many cases, such termination is followed by blacklisting of the contractor. However, a critical question arises: Is blacklisting an automatic or natural consequence of contract termination?
... Continue Reading.NCLT Mumbai Rules Sole Financial Creditor Cannot Withdraw Claim After Joining CoC; Must Carry CIRP to Logical Conclusion
NCLT Mumbai Rules Sole Financial Creditor Cannot Withdraw Claim After Joining CoC; Must Carry CIRP to Logical Conclusion Introduction The Mumbai Bench of the National Company Law Tribunal (NCLT) has held that a sole secured financial creditor cannot withdraw its admitted claim after entering the Committee of Creditors (CoC) merely because recovery prospects appear low.
... Continue Reading.Trilegal Advised Continuum Green Energy On USD 67.5 Million Investment From Just Climate
Trilegal advised Continuum Green Energy on USD 67.5 million investment from Just Climate The Leading law firm in India, Trilegal advised Continuum Green Energy Limited and Continuum Green Energy Holdings Limited on a fundraise from Just Climate, along with one of its limited partners, April 06, 2026, India. Pursuant to the definitive documents executed between
... Continue Reading.Can Courts Show Leniency in Stamp Duty Deficiency Cases? Supreme Court Clarifies Position
The issue of stamp duty deficiency frequently arises in civil litigation, particularly when documents are produced in evidence without proper stamping. Courts are often confronted with the question of whether they possess the discretion to reduce or waive penalties imposed for such deficiencies. In a significant ruling in Krishnavathi Sharma v. Bhagwandas Sharma & Ors.,
... Continue Reading.Is Special Resolution Mandatory for Loans to Directors? What Did the Supreme Court Say?
The Supreme Court of India in Satinder Singh Bhasin v. Government of NCT of Delhi & Ors. (2026 INSC 310) has delivered a significant ruling on the legality of loans advanced by a company to its director. The case, though arising in the context of bail conditions in a criminal proceeding, raised an important corporate
... Continue Reading.Bird & Bird And Al Busaidy, Mansoor Jamal & Co Advised Oman Air On Acquisition Of 90% Stake In SalamAir
Bird & Bird and Al Busaidy, Mansoor Jamal & Co advised Oman Air on acquisition of 90% stake in SalamAir The global law firm, Bird & Bird, working alongside the Oman Law Firm, Al Busaidy, Mansoor Jamal & Co, advised government-owned Oman Air on the proposed acquisition of 90% of the issued share capital of
... Continue Reading.Can Practising Advocates Seek Leniency for Delay Due to Research Work? Delhi High Court Clarifies
The law of limitation occupies a central position in procedural law, ensuring that legal remedies are pursued within a reasonable time. While courts often lean toward adjudicating matters on the merits, the principle of finality of litigation and the need to prevent stale claims remain equally important. A recurring question before courts is whether delays
... Continue Reading.Case Summary: Delhi Police & Anr. v. Sudheer Kumar (2026) | Licence Renewal Not Retrospective in Recruitment
The case of Delhi Police & Anr. v. Sudheer Kumar (2026) decided by the Delhi High Court addresses a critical issue in public employment law: whether a candidate can be considered eligible when an essential qualification (a valid driving licence) was not fulfilled on the prescribed cut-off date, but was subsequently cured through renewal. The
... Continue Reading.M&CO Legal Hires Sasha Taktikou White As Senior Legal Counsel In Corporate & Commercial Team
M&CO Legal Hires Sasha Taktikou White as Senior Legal Counsel in Corporate & Commercial Team The prominent boutique law firm headquartered in Dubai (DIFC) with a strong presence in the UAE and Saudi Arabia, M&CO Legal has welcomed Sasha Taktikou White (Senior Legal Counsel) to its Corporate & Commercial team, strengthening the firm’s capabilities in
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