Legal 60

SEBI to raise minimum block deal size to Rs.25 crores The existing threshold of Rs.10 crores was set in 2017 The Securities and Exchange Board of India (SEBI) is considering introducing new reforms to its block deal framework. It intends to raise the minimum trade size to Rs.25 crores and widen the permissible price range

Another setback for Vedanta after Petroleum Ministry’s objection SEBI has also issued a warning to the billionaire Anil Agarwal-owned company over compliance issues Yet again, Vedanta Ltd’s plan to split into six listed entities has faced a roadblock after the Mumbai bench of the National Company Law Tribunal (NCLT) adjourned the hearing to 17 September.

Govt bans real money games; industry urges PMO to review sport of skill and chance The Bill threatens the livelihood of numerous people While sending a letter to the Prime Minister’s Office (PMO), the E-Gamers and Players Welfare Association (EPWA) has urged the Central government to reconsider the blanket ban on real money games (RMG)

Image from here. (This post has been authored by Shailraj Jhalnia. Shailraj is a third year law student pursuing B.A. LL.B. from National Law School of India University, Bangalore, with a keen interest in IP Law, Arbitration and Criminal Law. His previous posts can be accessed here.) In what is becoming a familiar storyline at

Explaining the implications of the Bombay High Court judgment in Rupali Shah v. Adani Wilmer on the assignment of rights arising from the future use of a work, Arjun Ishaan discusses the position in the Indian Copyright Act on assignments and suggests policy amendments that may grant creators limited rights to renegotiate legacy contracts. Arjun

Gibson Dunn advised Mubadala Capital on the preferred equity financing for its take-private of CI Financial Corp. The leading global law firm Gibson Dunn advised Mubadala Capital on the preferred equity financing for its take-private of CI Financial Corp., one of North America’s leading diversified asset and wealth management companies. The transaction has an implied

The doctrine of estoppel occupies a pivotal place in civil jurisprudence, operating as an equitable bar to prevent a party from taking a stand inconsistent with its prior conduct, representations, or admissions, especially when such conduct has induced another party to alter their position to their detriment. The recent Supreme Court of India judgment in

The principles of party autonomy, jurisdictional competence, and judicial scrutiny of arbitrability have consistently shaped the development of arbitration in India. One recurring tension is whether parties who consent to arbitration can later challenge the process or the award on the ground that the subject matter was legally non-arbitrable. The Supreme Court, in Sanjit Singh

Most people never think they’ll need to file a personal injury claim until it happens to them. Whether you’ve been rear-ended at a red light, slipped on a wet grocery store floor, or been hurt by a defective product, suddenly you’re thrust into unfamiliar legal territory. The claims process might seem intimidating, but it’s actually

Latham & Watkins advised Lumen Technologies in US$2 Billion First Lien Notes Offering Latham & Watkins advised Lumen Technologies, Inc. (NYSE: LUMN) in relation to the US$2.0 billion aggregate principal amount of 7.000% first lien notes due 2034 issued by its wholly owned subsidiary, Level 3 Financing, Inc. This transaction is part of Lumen’s ongoing