RBI allows NRIs to invest rupee surplus in vostro accounts in government securities For all authorised dealer category-I banks, the directions take effect immediately The Reserve Bank of India (RBI) has stated that Non-Residents Indians (NRIs) maintaining special rupee vostro accounts (SRVA) can invest surplus balances in Central government‘s securities (G-secs). Foreign entities open SRVA
... Continue Reading.SEBI bars Wadhawans and officials from market for five years in DHFL funds case
SEBI bars Wadhawans and officials from market for five years in DHFL funds case An interim order in the matter had been passed in September 2020, imposing initial restraints The Securities and Exchange Board of India (SEBI) has imposed a 5-year ban on former promoters of Dewan Housing Finance Corporation (DHFL), Kapil Wadhawan and Dheeraj
... Continue Reading.Aravind Srinivas’ Perplexity AI offers $34.5 billion to buy Google Chrome
Aravind Srinivas’ Perplexity AI offers $34.5 billion to buy Google Chrome It made a similar offer to TikTok US in January, offering merger plans Three-year-old company Perplexity AI, has announced a $34.5 billion unsolicited all-cash offer for the Google Chrome browser, which requires financing exceeding the startup’s valuation. Buying Alphabet’s Chrome would allow the startup
... Continue Reading.The Delta Delusion: A Critique of SEBI’s Surveillance Overhaul in the Derivatives Market
[Abhishek Sanjay is a third-year B.A., LL.B. (Hons.) student at NALSAR University of Law, Hyderabad] The Indian equity derivatives market has evolved into a complex, high-velocity ecosystem defined as much by algorithmic precision as by speculative depth. In recent years, expiry-day volumes have surged, open interest has ballooned, and sophisticated option strategies have proliferated at scale.
... Continue Reading.Trilegal Represents Godrej Properties And CREDAI National In Key Dispute
Trilegal Represents Godrej Properties and CREDAI National in Key Dispute The leading law firm in India, Trilegal, has successfully represented CREDAI National and Godrej Properties Ltd. before the Supreme Court of India in a landmark constitutional challenge to the Ministry of Environment, Forest and Climate Change’s (MoEF&CC) Notification dated 29 January 2025. The petition challenged
... Continue Reading.Case Summary: M/s Ashwini Trading Co. v. Housing Bank Ltd. & Ors. (2025) | Impact of Amalgamation on Debt Recovery
This case concerns the transfer of a long-pending commercial recovery suit from the Commercial Court to the Debts Recovery Tribunal (DRT), Aurangabad, following the amalgamation of HDFC Limited (a non-banking entity) with HDFC Bank Limited (a banking company). The principal legal issue was whether a civil suit, filed by a non-banking entity before its amalgamation
... Continue Reading.Methodological Reflections: The “How” of doing Interviews in IP legal Research
Exploring the use of interviews as a legal methodology in IP research, particularly in the context of field engagement with traditional artisan communities, Niharika Salar shares a reflective piece based on her fieldwork experience as part of her ongoing PhD project. Niharika is a Doctoral Candidate at Queen’s University Belfast, and her previous posts can
... Continue Reading.Three NALSAR Graduates Merge To Launch Delhi-Based Onyx Chambers
Three NALSAR Graduates Merge to Launch Delhi-Based Onyx Chambers The Delhi-based litigation firm Onyx Chambers has been established through the merger of the practices of Bhargavi Kannan, Priyanka Vora, and Siddhant Buxy, all esteemed graduates of NALSAR. Onyx Chambers combines the extensive experience and expertise of its three founding partners, all Advocates-on-Record, to provide strategic,
... Continue Reading.Jenny Liu Joins Baker McKenzie As Partner To Strengthen Private Equity And M&A Teams
Jenny Liu Joins Baker McKenzie as Partner to Strengthen Private Equity and M&A Teams The leading global law firm Baker McKenzie has appointed Jenny Liu as a Partner in its Transactional Practice, further bolstering its Private Equity and M&A capabilities. Jenny will be based out of the firm’s New York and Palo Alto offices. Jenny
... Continue Reading.Kerala HC Directs District Judges To Be On Guard Against Duplicate Appeals Leading To Conflicting Judgments
While taking a very pragmatic step, the Kerala High Court in a most learned, laudable, landmark, logical and latest judgment titled Suo Motu proceedings initiated by the High Court vs State
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