Author: Legal 60

Delhi High Court Questions Need To Retain Social Media Platforms In Karan Johar’s Personality Rights Suit After Takedown Compliance Introduction The Delhi High Court has questioned the necessity of retaining social media intermediaries as parties in a personality rights suit filed by filmmaker Karan Johar after they complied with interim takedown directions. Justice Jyoti Singh

AZB & Partners advised TVS Capital on proposed investment in Neysa The leading Indian law firm, AZB & Partners advised TVS Capital on its proposed investment into Neysa, an AI acceleration cloud platform startup, as part of an investment round led by Blackstone Inc., enabling a total capital raise of US$1.2 billion by the company.

AZB & Partners Advised Citigroup Global Markets India Private Limited on OFS of Bharat Heavy Electricals Limited Shares The leading Indian law firm, AZB & Partners recently advised Citigroup Global Markets India Private Limited (“Broker”) in connection with the sale of 174,209,815 equity shares, representing 5.00% of the total issued and paid-up equity share capital

Delhi High Court Questions Jurisdiction In Jubin Nautiyal’s Personality Rights Suit, Asks Why Uttarakhand Courts Not Approached Introduction The Delhi High Court has questioned the maintainability of a personality rights suit filed by singer Jubin Nautiyal, asking why he approached the Delhi High Court despite being based in Uttarakhand. Justice Tushar Rao Gedela raised concerns

We are pleased to inform you that admissions are now open for NLU Delhi’s WIPO-NLUD-IPO joint Masters/ LL.M. programme, the Post Graduate Insolvency Programme (PGIP), and Ph.D. Programme. For more detail please read the announcement below: [Sponsored] Admissions Open: WIPO-NLUD-IPO Joint Masters/LL.M., the Post Graduate Insolvency Programme (PGIP), and Ph.D. Programme at National Law University

AZB & Partners advised InCred Tech Services on INR 30 crore investment by Sabre Partners The leading Indian law firm, AZB & Partners acted for InCred Tech Services in relation to an investment of INR 30 crore by Sabre Partners, in exchange for an equity stake of approximately 20%. The AZB & Partners team advising

Calcutta High Court Holds Pre-Liquidation Municipal Dues Cannot Be Fastened On Auction Purchaser; ‘As Is Where Is’ Clause Subordinate To IBC Introduction The Calcutta High Court has ruled that municipal dues pertaining to a corporate debtor undergoing liquidation under the Insolvency and Bankruptcy Code (IBC) cannot be independently enforced against an auction purchaser. The Court

Trilegal advised Signature Global on ~INR 1,283 crore strategic investment by RMZ for Gurugram mixed-use project The leading Indian law firm, Trilegal, advised Signature Global (India) Limited and its wholly owned subsidiary, Gurugram Commercity Limited, on a ~INR 1,283 crore purchase and subscription of shares by RMZ (Millennia Realtors Private Limited). The investment results in

Cyril Amarchand Mangaldas advised Inox Clean Energy Limited and SkyPower Southeast Asia Holdings 2 Ltd. on sale of SkyPower Services MENA Ltd. The leading Indian law firm, Cyril Amarchand Mangaldas (CAM) advised Inox Clean Energy Limited (“Buyer”) and SkyPower Group, including CIM Infrastructure Fund, LP (“Seller”), in relation to the sale of 100% of the

NCLT Mumbai Admits CIRP Against Reliance Ornatus Guarantor; Holds ₹133.88 Crore OCD Liability Not Contingent Introduction The National Company Law Tribunal, Mumbai Bench, has admitted a Section 7 application filed by Creative Ashtech Engineering Projects Private Limited against Reliance Ornatus Enterprises and Ventures Private Limited (now ROEVPL Ventures Private Limited), holding that a financial debt