Legal 60

Shardul Amarchand Mangaldas & Co advised Poonawalla Fincorp on INR 2,500 crore QIP The leading law firm in India, Shardul Amarchand Mangaldas & Co (SAM) acted as legal counsel to Poonawalla Fincorp Limited on its qualified institutions placement (QIP) of equity shares, through which the company raised approximately INR 2,500 crore. The net proceeds from

AZB & Partners advised ePointZero on joint venture with Adani Green Energy affiliate The leading law firm in India, AZB & Partners represented E Point Zero Holding (“ePointZero”), the energy and infrastructure platform of 2PointZero and part of the International Holding Company group, in relation to its joint venture with an affiliate of Adani Green

Trilegal advised Elliott Investment Management on CCI approval for investment in Toyota Industries Corporation The leading law firm in India, Trilegal advised and represented Elliott Investment Management L.P. in securing unconditional approval from the Competition Commission of India in relation to its significant investment in Toyota Industries Corporation (TICO), in the context of Toyota Fudosan’s

Gujarat High Court Upholds 660-Day Jail Term for Non-Payment of Maintenance| Section 125 CrPC Enforcement In a significant judgment strengthening the enforcement of maintenance laws in India, the Gujarat High Court upheld a 660-day prison sentence for a man who failed to pay approximately ₹3.97 lakh in maintenance arrears to his wife and two children.

Supreme Court Pendency Crisis & Call for Regional Benches As the Supreme Court of India faces a record backlog of over 83,000 pending cases, the demand for regional benches has resurfaced as a key judicial reform issue. Legal experts are increasingly calling decentralization a “constitutional necessity”, yet institutional hesitation continues to delay implementation. Article 130

No Mandatory Rule for National Song in Schools The Karnataka High Court has dismissed a Public Interest Litigation (PIL) challenging a 2026 advisory issued by the Union Government encouraging schools to perform all six stanzas of Vande Mataram. The Division Bench comprising Chief Justice Vibhu Bakhru and Justice CM Poonacha refused to entertain the plea,

Shardul Amarchand Mangaldas & Co advised Glen Electric on sale of ‘Morphy Richards’ brand to Bajaj Electricals The leading law firm in India, Shardul Amarchand Mangaldas & Co advised Glen Electric Limited (part of the Glen Dimplex Group, Ireland) on the sale of the ‘Morphy Richards’ brand and related intellectual property rights to Bajaj Electricals

Pre-Existing Dispute Defeats ADM Agro’s ₹2.56 Crore CIRP Plea Against Bari Foods Before NCLT Indore Introduction The National Company Law Tribunal, Indore Bench, dismissed a Section 9 application filed by ADM Agro Industries Kota & Akola Pvt. Ltd. seeking initiation of CIRP against Bari Foods Pvt. Ltd. for an alleged default of ₹2.56 crore arising

Role of Battery Energy Storage Systems: Fuelling India’s Clean Energy Sprint BESS is fast emerging as a critical driving force as India strides towards its target of installing 500 GW of energy from renewable sources by 2030. One of the most striking announcements that came out of the Union Budget 2026-2027 is the nine-fold increase

King Stubb & Kasiva Strengthens Leadership with Four New Partners, 28 Promotions The leading Indian full-service law firm, King Stubb & Kasiva (KSK) has announced its annual promotions, elevating four lawyers to the position of Partner and promoting 28 other professionals across various roles within the firm. The firm has designated Vidya K., Simran Tandon,