Legal 60

Tribunal rules in favour of Inox Air Products in service tax dispute over storage tank charges Fixed facility charges included in excise duty cannot be taxed again under service tax says CESTAT In a significant ruling that underscores the binding nature of departmental circulars and clarifies the tax treatment of charges related to industrial gas

Trilegal advised DAM Capital Advisors and Emkay Global Financial Services on Anant Raj’s INR 11,000 million QIP The Leading Law firm in Inida, Trilegal advised DAM Capital Advisors Limited and Emkay Global Financial Services Limited on the qualified institutions placement (QIP) of Anant Raj Limited. Anant Raj Limited (Company) is a residential real estate developer

Image from here In the recent refusal for a quia timet injunction by the DHC, Vikram Raj Nanda examines the reasons closely and writes on the contrasting jurisprudential development over ‘offer to sell’ under Section 48 of the Patents Act, 1970. Vikram Raj Nanda is a third year student at National Law School of India

In a landmark ruling in Santosh Ku. Sahoo v. Union of India (FAO No. 135 of 2020), Orissa High Court reaffirmed the principle of strict liability under Section 124A of the Railways Act, 1989, holding the Indian Railways accountable for the accidental death of a passenger who fell from a running train. The judgment, delivered

Cyril Amarchand Mangaldas advised NDTV on the rights issue of its equity shares The leading law firm in India, Cyril Amarchand Mangaldas acted as Indian legal counsel to New Delhi Television Limited (“NDTV”) in its rights issue of 48,353,450 fully paid-up equity shares, aggregating to Rs. 3,964.98 million. The issue was conducted in accordance with

Khaitan & Co advised Kusumgar Limited on pre-IPO investments The leading law firm in India, Khaitan & Co advised Kusumgar Limited in relation to their pre-IPO round, which saw investments from WhiteOak, Motilal Oswal, Edelweiss and Spark. The Firm advised on all aspects of the transaction, including structuring, drafting and negotiating transaction documents, and assisting

Cyril Amarchand Mangaldas advised Tata Capital Limited and Tata Sons on IPO The leading law firm in India, Cyril Amarchand Mangaldas acted as legal counsel to Tata Capital Limited (“Tata Capital”) and Tata Sons Private Limited (“Tata Sons”) on the initial public offering (“IPO”) of equity shares of Tata Capital. The total offer size was

The doctrine of res judicata, embodied in Section 11 of the Code of Civil Procedure, 1908 (CPC), is a cornerstone of Indian procedural law. It bars the re-litigation of matters that have been directly and substantially in issue in a former suit between the same parties and have been finally adjudicated by a competent court.

Cyril Amarchand Mangaldas acted as legal counsel to Cactus Partners Fund I on its follow-on investment in Intangles Lab Private Limited The leading law firm in India, Cyril Amarchand Mangaldas (CAM) acted as legal counsel to Cactus Partners Fund I on its follow-on investment in Intangles Lab Private Limited. Intangles, a physics-enabled predictive AI platform

Trilegal advised Capri Global on successful listing of NCDs The leading law firm in India, Trilegal advised Capri Global on the successful listing of non-convertible debentures (NCDs). This marks the first-ever public debt issuance for Capri Global, a well-diversified, retail-focused, systemically important NBFC offering secured and collateralised loans across MSME, housing, gold, and construction finance