SEBI Fines Rs.11 Lakh On Broking Firm Prabhudas Lilladher For Violating Norms The penalty was slapped under the Securities Contracts (Regulation) Act The Securities and Exchange Board of India (SEBI) has imposed Rs.11 lakh on financial services firm, Prabhudas Lilladher Pvt Ltd, noting that it violated several regulatory provisions, including misuse of client funds and
... Continue Reading.Kshitish Raj Joins Hitachi Energy As Lead Counsel – Grid Integration India
Kshitish Raj Joins Hitachi Energy as Lead Counsel – Grid Integration India Kshitish Raj has started a new position as Lead Counsel Grid Integration India at Hitachi Energy. Raj brings with him over 17 years of extensive experience as a legal counsel and compliance professional across leading global companies. Since March 2019, he served as
... Continue Reading.Agriboard International Vs Deputy Controller of Patents :Courts will intervene when patent rejections lack reasoning
Introduction: The case of Agriboard International LLC vs Deputy Controller of Patents and Designs, decided by the Delhi High Court on March 31, 2022, stands as a landmark in Indian patent law, highlighting the critical need for reasoned and transparent decision-making in the adjudication of patent applications. This appeal, filed under Section 117A of the
... Continue Reading.RBI’s Revised Digital Lending Guidelines: Strengthening Guardrails in an Evolving Ecosystem
[Dhwanil Tandon is a 5th year B.A.LL.B. student at Gujarat National Law University, Gandhinagar] The Reserve Bank of India (“RBI”) on May 8, 2025 issued its updated Digital Lending Directions (“2025 Directions”), significantly reforming and building upon its 2022 guidelines. In recent years, digital lending has proliferated across regulated and unregulated segments alike, driven by platform-based models, app-based credit
... Continue Reading.Rape Case Can Be Quashed Based On Settlement Between Parties In Exceptional Circumstances: SC
It would be extremely relevant to note that in a significant move with far reaching implications, the Supreme Court in a most learned, laudable, landmark, logical and latest judgment titled Madhukar & Ors vs The State of Maharashtra & Anr in Criminal Appeal (Arising out of SLP(Crl.)No. 7212 of 2025) and cited
... Continue Reading.Herbert Smith Freehills Kramer Advised lenders On 300 MW / 600 MWh Wellington Battery Energy Storage System In NSW
Herbert Smith Freehills Kramer advised lenders on 300 MW / 600 MWh Wellington Battery Energy Storage System in NSW Herbert Smith Freehills Kramer (HSF Kramer) advised a syndicate of lenders on the project financing of AMPYR Australia’s 300 MW / 600 MWh Wellington Battery Energy Storage System (BESS) to be developed in Wellington, New South
... Continue Reading.Khaitan & Co Advised Wilmar Group On Proposed Acquisition Of Stake In AWL Agri Business Limited
Khaitan & Co advised Wilmar Group on proposed acquisition of stake in AWL Agri Business Limited Khaitan & Co advised the Wilmar Group on its proposed acquisition of up to 20% in AWL Agri Business Limited (formerly known as Adani Wilmar Limited) held by the Adani Group, for a total consideration of USD 838 million
... Continue Reading.A Guide to Designing Consent Management Systems under the DPDP Act
A Guide to Designing Consent Management Systems under the DPDP Act India’s Digital Personal Data Protection Act, 2023 (“DPDP Act”) is a critical step towards strengthening data privacy and governance in the country. For an overview of the DPDP Act and its draft rules, respectively, see our notes here and here. The Business Requirement Document
... Continue Reading.Latham & Watkins Represented IG Design Group Americas, Inc. In Chapter 11 Filing And Sale Process
Latham & Watkins represented IG Design Group Americas, Inc. in Chapter 11 filing and sale process Latham & Watkins LLP represented IG Design Group Americas, Inc. and its domestic subsidiaries in their strategic reorganization through a voluntary Chapter 11 filing in the United States Bankruptcy Court for the Southern District of Texas. The filing aims
... Continue Reading.SC Issues Slew Of Guidelines For Collection, Preservation Of DNA Evidence
It would be extremely significant to note that the Supreme Court in a most learned, laudable, landmark, logical and latest judgment titled Kattavellai @ Devakar vs State of Tamil Nadu in Criminal Appeal No. 1672 of 2019 and cited in Neutral Citation No.: 2025 INSC 845 and so also in 2025 LiveLaw (SC) 703
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