Legal 60

NCLT Amaravati Admits CIRP Against Kallam Textiles, Holds SARFAESI And DRT Proceedings No Bar To Section 7 Over ₹210 Crore Default Introduction The National Company Law Tribunal, Amaravati Bench, in Union Bank of India v. Kallam Textiles Ltd., admitted a Section 7 application under the Insolvency and Bankruptcy Code, 2016 against Kallam Textiles for a

NCLT Hyderabad Rules Chit Fund Companies Fall Outside CIRP, Dismisses Section 7 Plea as Not Maintainable Introduction The National Company Law Tribunal, Hyderabad Bench, has held that chit fund companies qualify as “financial service providers” under the Insolvency and Bankruptcy Code, 2016, and therefore cannot be proceeded against as corporate debtors under the ordinary corporate

Trilegal advised Apraava Energy on sale of Jhajjar Power Project to Jindal Power The leading law firm in India, Trilegal advised Apraava Energy Private Limited on the divestment of its 1,320 MW Jhajjar Power Project in Haryana to Jindal Jhajjar Power Limited, a wholly owned subsidiary of Jindal Power Limited. The transaction involved the acquisition

Supreme Court to Examine Whether CoC Can Reallocate ₹195 Crore Reliance Bhutan Loan After RCIL Plan Approval Introduction The insolvency proceedings of Reliance Communications Infrastructure Ltd. (RCIL) have now reached the Supreme Court, with Bank of Baroda challenging the National Company Law Appellate Tribunal’s decision that the Committee of Creditors (CoC) cannot revisit the distribution

                               It is definitely in the fitness of things that the Supreme Court in a most learned, laudable, landmark, logical and latest judgment titled Shankar vs State of Rajasthan in Criminal Appeal of 2026 in(@Special Leave Petition (Crl.)No.13899 OF 2025) and cited in

DSK Legal represented B62 Studios in Delhi High Court copyright infringement suit The leading law firm in India, DSK Legal represented B62 Studios Private Limited before the Delhi High Court in a commercial suit filed by Trimurti Films Private Limited alleging copyright infringement of the song “Tirchi Topiwale.” The matter involved claims regarding the use

Cyril Amarchand Mangaldas advised NIIF Infrastructure Finance Limited on term loan facilities to Resolven SPVs The leading law firm in India, Cyril Amarchand Mangaldas advised NIIF Infrastructure Finance Limited in connection with term loan facilities aggregating up to INR 450 crores to be advanced to seven SPVs of Resolven, April 09, 2026, Mumbai. The financing

Shardul Amarchand Mangaldas advised Norwest Venture Partners and Alpha Wave Global on Mensa Group’s reverse flip to India The leading law firm in India, Shardul Amarchand Mangaldas & Co. advised Norwest Venture Partners X – Mauritius and Alpha Wave Global on the restructuring and reverse flip of the Mensa Group from Singapore to India, April

Cyril Amarchand Mangaldas successfully represented JSW Steel Limited in two Writ Petitions against the State of Maharashtra and Maharashtra State Electricity Distribution Company Limited The leading law firm in India, Cyril Amarchand Mangaldas successfully represented JSW Steel Limited in two Writ Petitions before the Bombay High Court against the State of Maharashtra and Maharashtra State

                                                It is definitely in the fitness of things that while striking the right chord at the right time, the Supreme Court in a most learned, laudable, landmark, logical and latest judgment titled Dr Rajinder Rajan v. Union of India & Anr in Criminal Appeal No(s). of 2026 (Arising out of SLP(Crl.) No(s). 3326 of