INTRODUCTIONIn S. Valliammai & Ors. v. S. Ramanathan & Ors. (decided on 16 April 2026), the Supreme Court of India, speaking through Justices B. V. Nagarathna and Ujjal Bhuyan, reiterated that rejection of a plaint is a stringent and narrowly circumscribed remedy. The Court emphasized that such rejection must be determined strictly on the basis
... Continue Reading.Freshfields Promotes Ibrahim Attar And James Visick To Partner In Middle East
Freshfields Promotes Ibrahim Attar and James Visick to Partner in Middle East The global law firm, Freshfields has promoted two lawyers from its Middle East offices as part of its latest global promotion round, elevating James Visick (Abu Dhabi) and Ibrahim Attar (Riyadh) to the partnership, effective May 2026. Both lawyers are part of the
... Continue Reading.Cyril Amarchand Mangaldas Advised Sistema India On FarmCarbon Carbon Financing Vehicle Investment
Cyril Amarchand Mangaldas advised Sistema India on FarmCarbon carbon financing vehicle investment The leading law firm in India, Cyril Amarchand Mangaldas advised Buen Manejo Del Campo India Private Limited (“Sistema India”), a subsidiary of Sistema.bio, Inc., as company counsel on its one-of-its-kind carbon financing vehicle, FarmCarbon, for a USD 53 million investment by BNP Paribas
... Continue Reading.Freshfields Promotes 47 New Partners Across Global Offices
Freshfields Expands Global Leadership with 47 New Partner Appointments The Global law firm, Freshfields has announced the promotion of 43 new Partners, effective 1 May 2026, alongside four additional Partner promotions made in recent months. The newly appointed Partners span all practice groups and regions globally, reflecting the firm’s continued strategic focus on building a
... Continue Reading.Shardul Amarchand Mangaldas Advised ONGC On Strategic Infrastructure Sharing Arrangement With Reliance Industries
Shardul Amarchand Mangaldas advised ONGC on strategic infrastructure sharing arrangement with Reliance Industries The leading law firm in India, Shardul Amarchand Mangaldas & Co. (SAM) advised Oil and Natural Gas Corporation Limited (ONGC) on the structuring and documentation of a Memorandum of Understanding (MoU) in the nature of a master infrastructure sharing agreement with Reliance
... Continue Reading.S&R Associates Advised On Sale Of Modern Safety Glass (Hercules) To Ozone Overseas
S&R Associates advised on sale of Modern Safety Glass (Hercules) to Ozone Overseas The leading law firm in India, S&R Associates represented Modern Safety Glass, a glass processing company operating under the brand “Hercules”, and its promoters, in connection with its sale to Ozone Overseas, a manufacturer and supplier of architectural hardware and security solutions.
... Continue Reading.Khaitan & Co Advised MUFG Bank On Neo Group’s Series D Fundraise And Governance Rights
Khaitan & Co advised MUFG Bank on Neo Group’s Series D fundraise and governance rights The leading law firm in India, Khaitan & Co advised MUFG Bank Limited, a marquee existing investor in Neo Investment Value Advisors Private Limited (Neo Group), in connection with Neo Group’s Series D fundraise. The mandate included negotiation, review and
... Continue Reading.Khaitan & Co Advised Becton Dickinson On Global Spin-Off Of Biosciences And Diagnostic Solutions Business
Khaitan & Co advised Becton Dickinson on global spin-off of biosciences and diagnostic solutions business The leading law firm in India, Khaitan & Co advised Becton Dickinson and Company, one of the largest global medical technology companies, in relation to the global spin-off of its biosciences and diagnostic solutions business, culminating in an ultimate sale
... Continue Reading.Do Fines Run Concurrently Along with Concurrent Sentences?
The question of whether fines run concurrently when sentences of imprisonment are directed to run concurrently has long remained a nuanced issue in criminal jurisprudence. While courts frequently order imprisonment terms for multiple offences to run concurrently, ambiguity persists regarding whether the same principle applies to fines imposed alongside such sentences. The Supreme Court of
... Continue Reading.Case Summary: VNG Automotive Pvt. Ltd. v. Assistant Commissioner of Income Tax (2026) | Interest Linked to Setting Up Business Not ‘Other Sources’ Income
The Delhi High Court in VNG Automotive Pvt. Ltd. v. Assistant Commissioner of Income Tax (ITA 795–796/2004, decided on 10 April 2026) addressed a significant issue concerning the taxability of interest earned during the pre-operative stage of a business. The central question revolved around whether such interest income should be treated as “income from other
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