Legal 60

Cyril Amarchand Mangaldas advised Powerica Limited on its INR 11,000 million IPO The leading law firm in India, Cyril Amarchand Mangaldas advised Powerica Limited on its initial public offering of equity shares. The IPO, aggregating to INR 11,000 million, comprised an offer for sale by Naresh Oberoi Family Trust and Kabir and Kimaya Family Private

Matouk Bassiouny Welcomes Faten Anis as Partner in Finance and Projects Practice The leading full-service MENA law firm, Matouk Bassiouny & Hennawy (MBH), is delighted to announce the appointment of Faten Anis as a Partner in the Finance and Projects practice group. Faten joins MBH following an illustrious career spanning over a decade in the

AI in Deal Teams: Hired for Speed, Applied for Strategy The increasing reliance on AI raises a question worth pausing over: Does speed always translate into clarity, or can it sometimes introduce a different kind of uncertainty? Artificial Intelligence has quietly taken a seat in the deal room. In many transaction teams today, AI tools

S&R Associates advised IRB Infrastructure Trust on investment in IRB Chandibhadra Tollway The leading law firm in India, S&R Associates represented IRB Infrastructure Trust, an infrastructure investment trust which owns and operates road assets in India, in its investment, including upfront concession fees of INR 30.8 billion, in IRB Chandibhadra Tollway, the concessionaire of a

The relationship between contract termination and blacklisting has long been a contentious issue in public procurement law. Government authorities frequently terminate contracts upon finding deficiencies or breaches, and in many cases, such termination is followed by blacklisting of the contractor. However, a critical question arises: Is blacklisting an automatic or natural consequence of contract termination?

NCLT Mumbai Rules Sole Financial Creditor Cannot Withdraw Claim After Joining CoC; Must Carry CIRP to Logical Conclusion Introduction The Mumbai Bench of the National Company Law Tribunal (NCLT) has held that a sole secured financial creditor cannot withdraw its admitted claim after entering the Committee of Creditors (CoC) merely because recovery prospects appear low.

Trilegal advised Continuum Green Energy on USD 67.5 million investment from Just Climate The Leading law firm in India, Trilegal advised Continuum Green Energy Limited and Continuum Green Energy Holdings Limited on a fundraise from Just Climate, along with one of its limited partners, April 06, 2026, India. Pursuant to the definitive documents executed between

The issue of stamp duty deficiency frequently arises in civil litigation, particularly when documents are produced in evidence without proper stamping. Courts are often confronted with the question of whether they possess the discretion to reduce or waive penalties imposed for such deficiencies. In a significant ruling in Krishnavathi Sharma v. Bhagwandas Sharma & Ors.,

The Supreme Court of India in Satinder Singh Bhasin v. Government of NCT of Delhi & Ors. (2026 INSC 310) has delivered a significant ruling on the legality of loans advanced by a company to its director. The case, though arising in the context of bail conditions in a criminal proceeding, raised an important corporate

Bird & Bird and Al Busaidy, Mansoor Jamal & Co advised Oman Air on acquisition of 90% stake in SalamAir The global law firm, Bird & Bird, working alongside the Oman Law Firm, Al Busaidy, Mansoor Jamal & Co, advised government-owned Oman Air on the proposed acquisition of 90% of the issued share capital of