SEBI puts Sterlite Electric’s IPO in abeyance The company plans to raise Rs.1,500 crore for expansion The Securities and Exchange Board of India (SEBI) has put on hold the proposed initial public offer (IPO) of Vedanta Group firm Sterlite Electric Ltd, without specifying any reason for it. Sterlite Electric (formerly Sterlite Power Transmission) had filed
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Is Issue Conflict an Automatic Ground for Arbitrator Disqualification?
One of the fundamental pillars of arbitration is the impartiality and independence of arbitrators. However, in practice, these concepts are frequently tested, particularly when an arbitrator has previously expressed views on a similar issue in another case involving the same or related parties. This situation gives rise to what is known as an “issue conflict.”
... Continue Reading.Teva to pay $35 million to settle asthma inhaler antitrust lawsuit
Teva to pay $35 million to settle asthma inhaler antitrust lawsuit In their court filing, attorneys for the plaintiffs called the settlement “an excellent result”. Teva Pharmaceuticals has agreed to pay $35 million and retract six patents from a U.S. regulatory list to settle claims that the drug manufacturer delayed generic competition for its QVAR
... Continue Reading.Shardul Amarchand Mangaldas & Co Secures Significant Order For KSK Mahanadi Power Company Before NCLT Hyderabad
Shardul Amarchand Mangaldas & Co Secures Significant Order for KSK Mahanadi Power Company Before NCLT Hyderabad The leading law firm in India, Shardul Amarchand Mangaldas & Co, has secured a significant order before the Hon’ble National Company Law Tribunal (NCLT), Hyderabad Bench, in favour of its client, KSK Mahanadi Power Company Ltd (“KMPCL”). Tribunal Directs
... Continue Reading.India’s Reverse-Flip Wave: Regulatory Breakthroughs and Enabling Frameworks
[Dev Goyal and Manas Divetia are IV Year B.B.A. LL.B. (Hons.) students at Gujarat National Law University, Gandhinagar] India’s reverse‑flip moment is here, with major transactions demonstrating the practical benefits of its improved regulatory framework. Groww’s May 2024 return from Delaware coincided with impressive performance gains for the company, including a tripling of net profit to INR 1,819 crore and substantial
... Continue Reading.Khaitan & Co Advised ABC Impact On Further Primary Investment In Vedantu Innovations
Khaitan & Co advised ABC Impact on further primary investment in Vedantu Innovations The leading law firm in India, Khaitan & Co advised ABC Impact (a member of Temasek Trust Asset Management), an existing shareholder, on its further primary investment in Vedantu Innovations Private Limited, a leading Indian edtech company. The investment reflects continued confidence
... Continue Reading.Delhi High Court Restrains Ravi Mohan Studios From Using “BRO CODE” As Film Title, Upholds Indospirit’s Trademark Rights
Delhi High Court Restrains Ravi Mohan Studios from Using “BRO CODE” as Film Title, Upholds Indospirit’s Trademark Rights The leading law firm in India, Khaitan & Co, successfully represented Indospirit Beverages Private Limited before the Delhi High Court, which has restrained Ravi Mohan Studios Private Limited from using the mark “BRO CODE” as the title
... Continue Reading.Khaitan & Co Advised The Book Running Lead Managers On Rubicon Research Limited’s Initial Public Offering
Khaitan & Co advised the Book Running Lead Managers on Rubicon Research Limited’s Initial Public Offering The leading law firm in India, Khaitan & Co acted as legal counsel to the Book Running Lead Managers — Axis Capital Limited, IIFL Capital Services Limited, JM Financial Limited and SBI Capital Markets Limited — on the initial
... Continue Reading.Khaitan & Co Advised The Book Running Lead Managers On Filing Of Updated DRHP-I For Meesho’s Proposed IPO
Khaitan & Co advised the Book Running Lead Managers on filing of updated DRHP-I for Meesho’s proposed IPO The leading law firm in India, Khaitan & Co advised the Book Running Lead Managers — Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, Morgan Stanley India Company Private Limited, Axis Capital Limited, and Citigroup
... Continue Reading.DSK Legal Secures Landmark Victory For Indian Paint Association; Calcutta High Court Quashes Anti-Dumping Duty On Titanium Dioxide
DSK Legal secures landmark victory for Indian Paint Association; Calcutta High Court quashes anti-dumping duty on Titanium Dioxide The leading law firm in India, DSK Legal, representing the Indian Paint Association (IPA), has secured a landmark victory before the Hon’ble Calcutta High Court in the matter Indian Paint Association v. Union of India & Ors.
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