“Don’t throw the baby out with the bathwater!”Image from here The past weeks saw several unconfirmed reports (here and here) about the dissolution of the University Grants Commission’s (UGC) much-avowed Consortium for Academics and Research Ethics (CARE) List, attributed to internal sources within the UGC and the Ministry of Education. As observed in an earlier
... Continue Reading.Megha Agarwal Joins Khaitan & Co As Partner In Corporate & Commercial Practice
Megha Agarwal Joins Khaitan & Co as Partner in Corporate & Commercial Practice Khaitan & Co has expanded its Corporate & Commercial practice with the addition of Megha Agarwal as a Partner in its Mumbai office. With over 11 years of experience in the hospitality sector, she brings deep expertise in hotel management agreements, franchise
... Continue Reading.Byju Insolvency: RP Pankaj Srivastava Challenges NCLT’s Disciplinary Order
Byju’s Insolvency: RP Pankaj Srivastava Challenges NCLT’s Disciplinary OrderPankaj Srivastava, the Interim Resolution Professional (IRP) overseeing Byju’s insolvency proceedings, has filed an appeal against the National Company Law Tribunal’s (NCLT) order calling for disciplinary action against him. Srivastava contends that the tribunal passed the order without affording him a proper opportunity to be heard and
... Continue Reading.Investing in India: An Overview of Legal Considerations – 2025 Checklist
Investing in India: An Overview of Legal Considerations – 2025 Checklist On December 12, 2024, the Government of India announced that India has achieved the milestone of having received USD 1 trillion of foreign direct investment (“FDI”) since April 2000. While the cumulative FDI received in the financial years ended March 31, 2023, and March
... Continue Reading.Shardul Amarchand Mangaldas & Co. Advised Access Healthcare On Growth Investment From New Mountain Capital
Shardul Amarchand Mangaldas & Co. Advised Access Healthcare on Growth Investment from New Mountain CapitalShardul Amarchand Mangaldas & Co. advised Access Healthcare, a leading technology- enabled platform for revenue cycle management (RCM), in a strategic investment from affiliates of New Mountain Capital, LLC. The transaction team consisted of Raghubir Menon, Regional Practice Head – M&A
... Continue Reading.Major High Court Verdicts of 2025
The article ‘Major High Court Verdicts of 2025’ tries to provide readers with a comprehensive understanding of significant judicial pronouncements that have shaped the legal landscape this year. It explores key rulings on bail for foreign nationals, the enforcement of export credit, and the judiciary’s firm stance on zero tolerance for sexual offences. Additionally, it
... Continue Reading.IBBI Proposes Two-Stage Process To Speed Up Bankrupt Firms’ Recovery
IBBI Proposes Two-Stage Process To Speed Up Bankrupt Firms’ Recovery Strap – The regulator has sought public comments by 25 February on the proposed changes The Insolvency and Bankruptcy Board of India (IBBI) has proposed regulatory amendments, including a two-staged approval plan for rescue, part-sale of stressed firms and a mechanism to handle bankruptcy of
... Continue Reading.European Commission To Impose Fine On Firms Importing ‘Harmful Products’
European Commission To Impose Fine On Firms Importing ‘Harmful Products’ Strap – Notes that many e-commerce packages were unsafe and counterfeit To tackle a surge of ‘harmful products’, a bulk of them from China, the European Commission has proposed imposing a new fee. At a press conference in Brussels, the EU tech chief Henna Virkkunen
... Continue Reading.NCLT Allows Glas Trust Hearing In Aakash Institute Minority Shareholder Rights
NCLT Allows Glas Trust Hearing In Aakash Institute Minority Shareholder Rights Strap – Private equity major Blackstone and others had opposed the removal of their privileges, stating Manipal Education was favored The Bengaluru bench of the National Company Law Tribunal (NCLT) has agreed to hear Glas Trust, which represents the US lenders of Byju’s in
... Continue Reading.Interim Relief under the Arbitration and Conciliation Act, 1996: The Dilemma that Wasn’t
[Saranya Ravindran is a 4th year law B.A., LL.B. (Hons.) student at NALSAR University of Law in Hyderabad] Interim reliefs are crucial to ensure the enforcement of an arbitral award, as the opposing party may no longer possess sufficient assets post-award, rendering enforcement ineffective. Section 9 of the Arbitration and Conciliation Act, 1996, which allows
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