Author: Legal 60

Cover of Draft Guidelines Version 2.0 On 26 June, the CGPDTM issued a public notice inviting comments on the “Revised Draft CRI Guidelines 2025, Version 2.0.” Earlier, in May 2025, we had submitted our comments on the previous edition of the CRI guidelines. (here) This time around, the CGPDTM had organised in-person stakeholder meetings to discuss the comments received for the first version

Trilegal Advised Naspers On The Merger Of Meesho Inc. Into Its Indian Subsidiary Trilegal has advised Naspers Ventures B.V., one of the largest investors in Meesho Inc., on the merger of Meesho Inc. with its Indian subsidiary Meesho Limited. This transaction by Meesho stands out as a significant example of a ‘reverse flip’, involving the

Sun Pharma Launches Anti-Baldness Drug Leqselvi In The US The drug can generate up to $400 million in sales by FY30 with peak sales potential of $900 million, and boost growth in Sun’s key US market, said Shrikant Arolkar, analyst at Nuvama Institutional Equities. Sun Pharma, India’s top drugmaker by revenue, has launched its anti-baldness

Trilegal Advised Adani Enterprises And Lead Managers On INR 10,000 Million NCD Listing Trilegal has advised Adani Enterprises Limited (“Adani Enterprises”) and the lead managers on the successful listing of non-convertible debentures through a public debt issue amounting to INR 10,000 million. The proceeds from this issuance will be utilised for repayment of existing borrowings

Davis Polk Advised Mobileye On $948 Million Secondary Offering And $100 Million Share Repurchase Davis Polk advised Mobileye Global Inc. on its SEC-registered secondary offering of 57,500,000 shares of Class A common stock by a subsidiary of Intel Corporation as the selling stockholder, raising approximately $948 million in total gross proceeds, including 7,500,000 shares purchased

In Indian criminal jurisprudence, the Magistrate’s power to take cognizance of an offence even after accepting a final report from the police is a well-established principle. This position has once again been reaffirmed in the 2025 judgment of the Orissa High Court in Bidyabharati Panda v. State of Odisha & Ors., which dealt with the

The landmark Supreme Court decision in Maula Bux v. Union of India (1970 AIR 1955) is a pivotal judgment interpreting Section 74 of the Indian Contract Act, 1872. It clarified the legal position regarding the forfeiture of security deposits upon breach of contract, particularly where actual loss was neither pleaded nor proved. The case involved

KAnalysis Partner Ashutosh Choudhary Acquires Strategic Patent Portfolio In Smart Medical Packaging KAnalysis, a leading global IP management and strategy firm, has announced that its Founding Partner, Ashutosh Choudhary, has acquired significant equity in Alertapack Ltd. (UK) — the owner of an innovative portfolio of patents covering smart medication blister packs and blister pack stations

Parole serves as a crucial reformative and humanitarian tool within the criminal justice system, allowing convicts to temporarily step out of incarceration under specific conditions. While parole is often associated with exigencies like health emergencies or death in the family, a less explored question is whether a life convict can be granted parole for personal

Debevoise Advised Morgan Stanley Investment Management On Closing Of North Haven Venture Capital Opportunities Fund I Debevoise & Plimpton LLP advised Morgan Stanley Investment Management in the formation of North Haven Venture Capital Opportunities Fund I, an approximately $280 million fund. For more information, please see the company’s press release. The Debevoise & Plimpton team