DMD Advocates Advised IMFA on Acquisition of Tata Steel’s Ferro Chrome Plant at Kalinganagar The leading law firm in India, DMD Advocates, advised Indian Metals & Ferro Alloys Limited (IMFA), India’s leading fully integrated producer of value-added ferro chrome, on its acquisition of Tata Steel Limited’s ferro chrome plant situated on 115 acres of land
... Continue Reading.Supreme Court Declines to Halt Aakash’s Rights Issue Amid Byju’s CIRP
Supreme Court Declines to Halt Aakash’s Rights Issue Amid Byju’s CIRP Introduction The Supreme Court of India, on November 3, 2025, refused to interfere with an order of the National Company Law Appellate Tribunal (NCLAT) that had allowed Aakash Educational Services Ltd. (AESL), a subsidiary of Byju’s (Think and Learn Pvt. Ltd.), to proceed with
... Continue Reading.SEBI approves IPOs of Meesho, Shiprocket, German Green Steel, Allied Engineering, Skyways Air, Rajputana Stainless and Manika Plastech
SEBI approves IPOs of Meesho, Shiprocket, German Green Steel, Allied Engineering, Skyways Air, Rajputana Stainless and Manika Plastech The entities had filed their preliminary documents between May and July Seven companies, Softbank-backed e-commerce firm Meesho, Temasek-backed e-commerce enablement platform Shiprocket, German Green Steel and Power, Allied Engineering Works, Skyways Air Services, Rajputana Stainless and Manika
... Continue Reading.Provisional Release Payments Not Pre-Deposits: CESTAT Caps Refund Interest at 6% Under Customs Act
Provisional Release Payments Not Pre-Deposits: CESTAT Caps Refund Interest at 6% Under Customs Act Introduction The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that differential duty paid for provisional release of seized goods cannot be treated as a “pre-deposit.” Consequently, refund interest is payable at 6% under Section
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Tribunal Raps Customs for Skipping Verification, Restores AIFTA Duty Relief to Thai Imports Introduction The Mumbai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that the benefit of exemption under the ASEAN-India Free Trade Agreement (AIFTA) cannot be denied without proper verification of the certificate of origin issued by the competent
... Continue Reading.Sports Betting Regulations and the Scope of Offshore Platforms in the UK
Sports betting today extends beyond simple wagers, it has become an analytical activity requiring data study, strategic planning, and financial management. Yet, from a legal standpoint, it falls squarely within the ambit of gambling regulation under the UK Gambling Act 2005. For policymakers, betting whether on sports or in casinos raises the same questions of
... Continue Reading.Atomberg v. Eureka Forbes : Section 106 Steps Out of the Shadows
In Atomberg v. Eureka Forbes, the Supreme Court clarified a small but significant corner of Indian patent law. The Court recognised that suits against groundless threats of infringement have their own independent footing under Section 106 of the Patents Act – and aren’t automatically overridden by an infringement action. Hafsah Azhar Ansari breaks down the Court’s
... Continue Reading.NCLT Mumbai Lifts Freeze on Future Group’s Demat Account, Rules SEBI Restrictions Cannot Override IBC Moratorium
NCLT Mumbai Lifts Freeze on Future Group’s Demat Account, Rules SEBI Restrictions Cannot Override IBC Moratorium Introduction The National Company Law Tribunal (NCLT), Mumbai Bench, directed the Bombay Stock Exchange (BSE) and Central Depository Services (India) Ltd. (CDSL) to lift the debit freeze imposed on the demat account of Future Corporate Resources Pvt. Ltd. (FCRL),
... Continue Reading.Baker McKenzie Advised Egypt Kuwait Holding (EKH) On Its Exit From Delta Insurance Company Through A Mandatory Tender Offer (MTO)
Baker McKenzie Advised Egypt Kuwait Holding (EKH) on its Exit from Delta Insurance Company through a Mandatory Tender Offer (MTO) The leading law firm in Egypt, Baker McKenzie Cairo, has advised Egypt Kuwait Holding (EKH) on its exit from Delta Insurance Company, a publicly listed insurer in Egypt, through a Mandatory Tender Offer (MTO) presented
... Continue Reading.LEXIA Opens New Office In Abu Dhabi To Strengthen International Presence
LEXIA Opens New Office in Abu Dhabi to Strengthen International Presence The Italian law firm, LEXIA, has announced the opening of a new office in Abu Dhabi, United Arab Emirates, marking a significant step in consolidating its international presence. The office will provide legal and strategic support to Italian and foreign companies, as well as
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