Legal 60

On the recent Delhi High Court decision in Dolby v. Lava, directing the India-based implementer to pay INR 20.81 Crores as pro-tem security, Shailraj Jhalnia argues for a more balanced approach on how the Courts should calculate such deposits, keeping in mind the interests of both the SEP holders and implementers. Shailraj is a third

Cyril Amarchand Mangaldas advised the book running lead managers on Anthem Biosciences Limited’s IPO Cyril Amarchand Mangaldas advised the book running lead managers — JM Financial Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited, and Nomura Financial Advisory and Securities (India) Private Limited — in connection with the initial public offering

We can’t deny that India’s current stance on online gambling is fragmented and outdated. Some states like Andhra Pradesh and Telangana have enforced outright bans. Others like Nagaland and Sikkim allow licensed fantasy sports or casino-style gaming. More recently, Karnataka proposed setting up a dedicated Online Gaming and Betting Regulatory Authority to monitor the space

Byju’s Insolvency Proceedings to Continue as Supreme Court Dismisses BCCI’s Appeal Introduction The Supreme Court has dismissed pleas filed by the Board of Control for Cricket in India (BCCI) and Riju Raveendran challenging the National Company Law Appellate Tribunal’s (NCLAT) decision that refused to allow BCCI to withdraw its insolvency application against Byju’s parent company

In Kaushal Singh v. State of Rajasthan (2025), the Supreme Court addressed an important question regarding the propriety of High Courts passing adverse remarks against members of the subordinate judiciary while exercising judicial review in bail matters. The appellant, a judicial officer, challenged the observations made against him by the Rajasthan High Court regarding his

Legal Bites presents BNS Mains Questions Series: Part – II, covering Sections 63 to 116 of the Bharatiya Nyaya Sanhita, 2023. This part focuses on key areas including rape and sexual offences, protection of identity, offences against women and children, deceitful marriage, culpable homicide, and organised crime. It is designed to equip aspirants with a

The recent Supreme Court judgment in Ram Charan & Ors. v. Sukhram & Ors. (2025 INSC 865) has reignited a significant legal and constitutional debate: Can tribal women be denied equal inheritance rights solely based on customary norms? This landmark decision addressed a long-standing issue of gender inequality in succession laws applicable to Scheduled Tribes

Rule of Consistency Prevails: ITAT Dismisses Revenue Appeal on Interest Disallowance Introduction The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the partial disallowance of interest expenditure under Section 57(iii) of the Income Tax Act, 1961, emphasizing the rule of consistency with prior assessments and the verified nexus between borrowed funds and

CESTAT Sets Aside Dismissal Order, Allows Appeal to Proceed on Merits Introduction The Kolkata Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has set aside an order dismissing an appeal filed by Susanta Kumar Sahoo, the appellant-assessee, due to alleged delay. The Tribunal held that the appeal was filed within the time

SEBI notice to former chief GN Bajpai in Rs.975 crore GB Global fraud The case has exposed one of the largest banking scams and raises concerns about oversight and integrity at the top level The Securities and Exchange Board of India (SEBI) has issued a show-cause notice to its former Chairman, Ghyanendra Nath Bajpai, in