Khaitan & Co acted as Indian legal counsel for book running lead managers on INDO-MIM’s DRHP filing The leading Indian law firm Khaitan & Co acted as Indian legal counsel to the book running lead managers—HDFC Bank Limited, Axis Capital Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited, and SBI Capital Markets Limited—in connection
... Continue Reading.Khaitan & Co Advised Prime Offices Fund (PRIME) On Acquisition Of Office Campus In Chennai
Khaitan & Co advised Prime Offices Fund (PRIME) on acquisition of office campus in Chennai The leading Indian law firm Khaitan & Co advised Prime Offices Fund (PRIME), a commercial real estate-focused fund managed by Nuvama and Cushman & Wakefield Management Private Limited (NCW), in its acquisition of a marquee 2.4 million sq. ft. office
... Continue Reading.Is It Legally Permissible to Convert Separate Divorce Pleas into a Mutual Consent Petition?
Divorce law in India rests upon two broad frameworks: fault-based divorce (under Section 13 of the Hindu Marriage Act, 1955) and mutual consent divorce (under Section 13B). While the former requires one spouse to prove matrimonial misconduct of the other, the latter is based purely on the spouses’ shared volition to part ways. A pressing
... Continue Reading.Delhi High Court Clarifies Role of Notional Interest in Ex-Gratia Compensation
Ex-gratia compensation in service jurisprudence is intended as a safety net for the families of employees who die in harness or are incapacitated before retirement. Unlike statutory entitlements such as provident fund, gratuity, or pension, ex-gratia payments are discretionary and governed by policy frameworks framed by employers or umbrella bodies such as the Indian Banks’
... Continue Reading.Regulatory Update: Introduction of a New Co-Investment Scheme for AIFs by SEBI
Regulatory Update: Introduction of a New Co-Investment Scheme for AIFs by SEBI BACKGROUND AND OVERVIEW The Securities and Exchange Board of India (“SEBI”) has introduced a new framework to facilitate co-investments within the structure of Alternative Investment Funds (AIFs). On September 9, 2025, SEBI notified amendments to the SEBI (Alternative Investment Funds) Regulations, 2012 (“AIF
... Continue Reading.The Uneasy Coexistence of PMLA and IBC: Mapping Judicial Interplay
[Harsh Bansal is a final year B.A., LL.B. (Hons.) student at Rajiv Gandhi National University of Law] The overlap between the Prevention of Money Laundering Act, 2002 (PMLA) and the Insolvency and Bankruptcy Code, 2016 (IBC) has repeatedly troubled Indian courts and academics alike. Both statutes contain sweeping non-obstante clauses: section 71 in PMLA and section 238 in
... Continue Reading.Justice on Hold: India Court Crippled by a Million-Case Backlog
More than a million cases are stuck in the Allahabad High Court, one of India’s oldest and most prominent judicial institutions. Once graced by leaders like Jawaharlal Nehru and future Supreme Court judges, the court now finds itself at the center of a deepening judicial crisis. A Court in Limbo The Allahabad High Court, located
... Continue Reading.Allahabad HC Denies Relief To Rahul Gandhi On Remarks About Sikhs
In a very major jolt to Rahul Gandhi who is the 12th Leader of Opposition in the Lok Sabha from Congress, the Allahabad High Court in a most learned, laudable, landmark, logical and latest judgment titled Rahul Gandhi vs State of UP and Another in Criminal Revision No. – 4946 of 2025 and cited
... Continue Reading.Intra Moot Court Competitions 2025 conclude at RPNLU Prayagraj
Prayagraj, 28 September 2025 – Dr. Rajendra Prasad National Law University (RPNLU), Prayagraj, successfully concluded the Valedictory Session of the Conquerors’ Intra Moot Court Competition (2nd Edition) and the Grand Intra Moot Court Competition (1st Edition) on its campus. The event was a celebration of advocacy, experiential learning, and the vibrant mooting culture at the
... Continue Reading.Karnataka High Court Ruling Confirms Interconnect Service Charges are not Considered Royalty for Tax Purposes
Karnataka High Court Ruling Confirms Interconnect Service Charges are not Considered Royalty for Tax Purposes Income Tax Department’s appeal against Belgacom’s tax case dismissed due to delay and merit issues The Supreme Court of India recently dismissed a Special Leave Petition filed by the Income Tax Department, challenging a ruling by the Karnataka High Court
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