Trilegal Advised A91 Partners on USD 665 Million Fund III Raise Trilegal advised A91 Partners on the successful first and final close of its third fund at USD 665 million. Trilegal’s role covered the entire fundraising cycle, from structuring to achieving a multi-investor single closing. The fund witnessed strong participation from both existing and new
... Continue Reading.Ropes & Gray Advised Banks On Financing Of Simplified Tender Offer By Amboise For Altamir Shares On Euronext Paris
Ropes & Gray Advised Banks on Financing of Simplified Tender Offer by Amboise for Altamir Shares on Euronext Paris Ropes & Gray advised BNP Paribas, Crédit Agricole Corporate and Investment Bank, and HSBC Continental Europe as arrangers and lenders in connection with the financing of a simplified tender offer by Amboise SAS for shares of
... Continue Reading.Is it a Marketplace or just a Directory? The DHC Considers the Trademark Infringements from IndiaMART
On the Delhi High Court’s DB judgement setting aside the interim injunction on the online B2B platform IndiaMART, SpicyIP intern Arnav Kaman explains how the decision sets the right tone by allowing IndiaMART to claim safe harbour defence and clarifying that the liabilities of the trademark infringement lie only between the buyer and seller and
... Continue Reading.AZB & Partners Advised Lighthouse Funds On INR 300 Crore Investment In Knest Manufacturers
AZB & Partners Advised Lighthouse Funds on INR 300 Crore Investment in Knest Manufacturers AZB & Partners advised Lighthouse Funds on its investment of INR 300 crores in Knest Manufacturers Private Limited, a leading player in the construction technology sector. The investment is aimed at supporting Knest’s growth plans and scaling its innovative construction technology
... Continue Reading.Accelerating Fast Track Mergers: Ministry Proposes Wider Eligibility
[Esha Rathi is an associate at a law firm’s Mumbai office] Mergers are a common tool for corporate restructuring. However, securing approval from the National Company Law Tribunal (“NCLT”) can often be a lengthy and complex process. To streamline such transactions, section 233 of the Companies Act, 2013 introduces a fast track merger (“FTM”) route, allowing certain classes
... Continue Reading.Modifying Arbitral Awards: Is Balasamy a Cure Worse than the Disease?
[Pallav Mongia is a dual-qualified lawyer, and an empanelled arbitrator, practising before the Supreme Court and Delhi High Court and Prince Todi is an advocate practising before the Supreme Court and Bombay High Court] After a stream of divergent and contrasting judicial precedents on whether Indian courts are jurisdictionally empowered to modify arbitral awards, a five-judge Constitution Bench of
... Continue Reading.Is Medical Proof of Sex Sufficient to Hold Someone Guilty of Rape?
In criminal jurisprudence, the standard of proof for conviction, particularly in sensitive cases like rape, demands more than suspicion—it requires a clear and direct linkage between the crime and the accused. A recent ruling by the High Court of Jammu & Kashmir and Ladakh in Basit Bashir v. UT of J&K (2025) highlighted this foundational
... Continue Reading.Case Summary: Vaibhav v. State of Maharashtra (2025) | Supreme Court Cautions Against Overreliance on Circumstantial Evidence
This case is a tragic tale involving the mysterious death of Mangesh, a first-year student at Bagla Homoeopathy Medical College in Chandrapur, Maharashtra. His close friend and classmate, Vaibhav, was accused of murdering him using his father’s service pistol. The prosecution relied entirely on circumstantial evidence, alleging homicide, while the defense claimed the death was
... Continue Reading.Rediscovering India’s Century-old Clarity on Stipulated Damages
[Amoga Krishnan. R is an Advocate] In Cavendish Square Holding BV v. Talal El Makdessi (2015), the United Kingdom Supreme Court eliminated the dichotomy between “genuine pre-estimates” and “penalties” in common law and, with that, recast the contours of the penalty rule. Until then, the reason for the dichotomy at common law between penalties and liquidated damages (“LD”)
... Continue Reading.Leniency in Competition Law: Breaking the Silence on Cartels
Cartels are widely recognised as the most egregious violations of competition law. They involve secret agreements between competitors to fix prices, limit production, allocate markets, or rig bids, leading to inflated prices and diminished consumer welfare. The clandestine nature of cartels makes them inherently difficult to detect and prove. In response, jurisdictions across the globe
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