Legal 60

Kerala High Court Bars Loan Recovery Under SARFAESI Act After Civil Suit A recent judgment by the Kerala High Court has established clear boundaries for secured creditors pursuing loan recoveries under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act. The case involved a borrower who had availed of a

Jet Airways Lenders Move Supreme Court Against NCLAT Order Upholding Jalan-Kalrock Consortium RP The matter will be heard on 26 April The Jet Airways lenders, including the State Bank of India (SBI), have approached the Supreme Court challenging the National Company Law Appellate Tribunal’s (NCLATs) order, which upheld the resolution plan (RP) proposed by the

No Room At The Inn For Inept Acquisition Despite facing many challenges, the hospitality sector is flourishing and should be commended for continuing to grow. Hotel acquisition, as the name suggests, refers to property investments that lead to the acquisition, running and operation of hotels. Many aspects of property acquisition in general are similar, but

ENODA Appoints Aniela Foster-Turner As First General Counsel She served at Siemens Gamesa for 11 years The Edinburgh, UK-based energy transition tech start-up, ENODA has appointed Aniela Foster-Turner as its first general counsel. She will lead and provide support on legal matters. Foster-Turner has over two decades of international legal and compliance experience advising on

Trowers & Hamlins Bolsters International Dispute Resolution And Litigation With The Addition Of Nikita Patel As A Partner In Dubai Global law firm Trowers & Hamlins has appointed Nikita Patel as a Partner in its International Dispute Resolution and Litigation team, located in Dubai. Nikita brings over a decade of experience in the Middle East,

ENGLISH LANGUAGE: EVERYTHING YOU NEED TO LEARN FOR CLAT The English language segment of the Common Law Admission Test (CLAT) for undergraduate students primarily aims to evaluate the candidates’ English language skills. This section assesses different aspects of the candidates’ language proficiency, such as understanding, vocabulary, grammar, and verbal skills. Test-takers may come across literary

Cyril Amarchand Mangaldas Advised Apple South Asia Pte. Ltd. With Respect To Its Investment In Clean Max Hyperion Power LLP Cyril Amarchand Mangaldas advised Apple South Asia Pte. Ltd. with respect to its investment in Clean Max Hyperion Power LLP (Clean Max Group). As a part of this venture, Clean Max has installed 14.4 MW

Saraf And Partners Acted For (i) LIC Housing Finance Limited and (ii) IDBI Trusteeship Services Limited Saraf and Partners acted as the sole deal counsel to (i) LIC Housing Finance Limited and (ii) IDBI Trusteeship Services Limited in relation to the issuance of non-convertible debentures aggregating to INR 50,000,00,00,000 by LIC Housing Finance Limited on

The Challenge In The Enforcement Of Foreign Awards In Terms Of Public Policy The decision of the Supreme Court in Renusagar Power Co Ltd v General Electric Co, which is considered to be the first landmark decision in the Arbitration space brought a pro-arbitration stance in India, in tandem with International opinion, as the Hon’ble

Intricacies Surrounding Timing Of Stamping Of Order Sanctioning Scheme Of Restructuring Whilst the issue of stampability of Scheme Orders is fairly settled, there could be multiple issues which may arise on account of such stamping, such as treatment of value of property situated outside the State for the purpose of determination of stamp duty or