Legal 60

Trilegal advised BRLMs on the INR 10,000 million proposed IPO by Eldeco Infrastructure and Properties The leading law firm in India, Trilegal advised IIFL Capital Services and JM Financial, the book running lead managers (BRLMs), in connection with the proposed IPO of equity shares by Eldeco Infrastructure and Properties Limited. The IPO comprises an aggregate

Al Khaleej Investment appoints Fadi Kilani as Chief Legal Officer Al Khaleej Investment PSC has appointed Fadi Kilani as its new Chief Legal Officer. With over two decades of experience in corporate law, restructuring, and capital markets across the UAE and Jordan, Kilani brings deep legal expertise and strategic insight to the role. Prior to

Freshfields strengthens MENA practice with Olivier Rogivue’s relocation to Riyadh Global law firm Freshfields has strengthened its regional presence with the relocation of Olivier Rogivue, a partner in the firm’s Global Transactions Group, from Paris to Riyadh. Rogivue brings over 20 years of experience advising on cross-border M&A transactions, with expertise in the energy, chemicals,

Lakshmikumaran & Sridharan Represents Oil and Natural Gas Corporation Limited Before the Hon’ble Authority for Advance Ruling, Tamil Nadu The leading law firm, Lakshmikumaran & Sridharan Attorneys, successfully represented Oil and Natural Gas Corporation Limited (ONGC) before the Hon’ble Authority for Advance Ruling (AAR), Tamil Nadu. The ruling, pronounced on 24 September 2025, was in

A recurring question in family law is whether a father can seek a refund of maintenance paid to his children after they have attained majority. The Himachal Pradesh High Court, in Rishita Kapur and Another v. Vijay Kapur and Another (Cr. Revision (FC) No. 49 of 2024), examined this nuanced issue. The Court categorically held

Bombay High Court, in Shree Construction Company v. Bagwe Housing Pvt. Ltd. & Ors., delivered a significant judgment clarifying the limits of contractual privity under Indian law. The Court emphatically ruled that mere awareness of a contract or receipt of incidental benefits cannot create enforceable rights or obligations in law. In doing so, it reaffirmed

The realm of amusements has always mirrored human imagination, society, and advancing innovation. In 2025, however, the border between fun and technology has blurred more than ever before. From immersive play platforms and broadcast channels to simulated concerts and web-based casinos, digital leisure is no longer a niche; it is a central component of everyday

CESTAT Rules in Favor of Forex Dealer, Allows Service Tax Valuation Option Under Rule 6(7B) Introduction The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai Bench, has partly allowed the appeal of M/s VKC Credit and Forex Services Pvt. Ltd. (now known as Essel Finance VKC Forex Ltd.), holding that the assessee could not

ITAT Partly Allows Appeal, Sets Aside Additions Under Section 69A for Lack of Basis in Disbelieving Evidence Introduction The Income Tax Appellate Tribunal (ITAT), Ahmedabad, has partly allowed an appeal concerning additions made under Section 69A of the Income Tax Act, 1961. The Tribunal ruled that the assessee had satisfactorily explained the sources of deposits

IBBI Suspends Insolvency Professional for One Year Over Negligence and Unjustified Delay in Liquidation Process Introduction The Insolvency and Bankruptcy Board of India (IBBI) has suspended an Insolvency Resolution Professional (RP) for one year due to negligence and unjustified delay in conducting the liquidation process of Ila Metals. Factual Background The Corporate Insolvency Resolution Process