Legal 60

The Delhi High Court’s decision to stay execution of a damages decree in M/s Pearl Engineering v. Koninklijke Philips N.V. raises uneasy questions about when money decrees can be put on hold. Aafreen Saraf argues that by relying on doubts in damages computation, the Court stretches the Supreme Court’s narrow “exceptional cases” standard reaffirmed in

In modern financing arrangements, particularly in project finance and infrastructure lending, promoters are frequently required to give comfort to lenders through undertakings, letters of support, or commitments to infuse funds into the borrowing entity. These instruments are often drafted as alternatives to formal guarantees, especially where promoters seek to avoid direct personal or corporate liability

Shardul Amarchand Mangaldas & Co. advised Aica Kogyo Company, Limited on its USD 225 million acquisition of a controlling stake in Stylam Industries Limited The leading law firm in India, Shardul Amarchand Mangaldas & Co. (“SAM”) advised Aica Kogyo Company, Limited (Japan) (“Aica”) on its approximately USD 225 million acquisition of a controlling stake of

Flipkart Appoints Jane Duke as Chief Ethics & Compliance Officer to Strengthen Governance Flipkart today (January 15, 2026) announced the appointment of Jane Duke as Chief Ethics & Compliance Officer (CECO) for the Flipkart Group. In her new role, Jane will lead the Group’s Ethics & Compliance function and will be a key partner to

The Hindu Undivided Family occupies a distinctive place in Indian jurisprudence. Rooted in classical Hindu law and subsequently recognised by statutory frameworks, the HUF is neither a partnership nor a corporation in the strict sense. Yet, for certain legal and fiscal purposes, it is treated as a separate entity capable of owning property, entering into

Meysan Promotes Dr. Tarek Diab to Partner The international law firm, Meysan is pleased to announce the promotion of Dr. Tarek Diab, to Partner. With over 20 years of litigation experience across Kuwait and Egypt, Dr. Diab has advised and represented clients in complex, high-stakes disputes across a wide range of sectors. Dr. Diab began

AZB & Partners advised Warburg Pincus on its investment in Fleur Hotels, a subsidiary of listed company Lemon Tree Hotels The leading law firm in India, AZB & Partners advised Warburg Pincus on its investment in Fleur Hotels, a subsidiary of Lemon Tree Hotels Limited. The transaction involves a combination of a secondary buyout of

Procedural law often appears deceptively technical, yet its consequences can decisively shape substantive rights. One such doctrine is the abatement of proceedings on the death of a party under Order XXII of the Code of Civil Procedure, 1908. While the general rule requires substitution of legal representatives within the prescribed limitation period, courts have repeatedly

Motor accident compensation claims under Section 166 of the Motor Vehicles Act, 1988 (MV Act) aim to compensate victims for the losses suffered due to road accidents. These claims often cover a variety of heads, including medical expenses, loss of earnings, pain and suffering, and loss of consortium. However, the inclusion of medical expenses paid