Legal 60

Rabindra Purohit Joins Deepak Fertilisers & Petrochemical As Vice President – Legal Deepak Fertilisers & Petrochemical Corporation Limited has appointed Rabindra Kumar Purohit as Vice President – Legal, Company Secretary & Compliance Officer, effective 1 February, 2025. A qualified Company Secretary and Fellow Member of the Institute of Company Secretaries of India, Purohit is a

The Income-tax Bill, 2025, introduced by Finance Minister Nirmala Sitharaman on February 13, 2025, aims to replace the Income-tax Act, 1961, which has shaped India’s tax regime for over six decades. This comprehensive reform seeks to simplify tax laws, improve transparency, reduce compliance burdens, and modernize the taxation framework to meet evolving economic demands and

The registration of a second First Information Report (FIR) has been a contentious legal issue in India. The Supreme Court, in State of Rajasthan v. Surendra Singh Rathore [Arising out of SLP(Crl.) No.16358 of 2024], recently reaffirmed the legal principles governing the permissibility of second FIRs. The ruling clarified the conditions under which a second

Cyril Amarchand Mangaldas Acted As Legal Advisor To NIIF Infrastructure Finance Cyril Amarchand Mangaldas acted as legal advisor to NIIF Infrastructure Finance Limited in connection with the refinancing of the facility previously availed by Lightstorm Telecom Connectivity Private Limited. The transaction team was led by Yash Jain, Partner; with support from Aayush Kakodkar, Associate; Janani

SEBI Introduces Tech-Based Measures To Thwart Misuse Strap – States that due to lack of control, the web and mobile-based trading platforms were prone to hacking The Securities and Exchange Board of India (SEBI) has proposed technology-based measures to create a safe environment and prevent unauthorized transactions in investors’ trading and demat accounts. The authentication

Goldman Sachs: Government’s Tax Relief To Boost Quick Service Restaurant Business Strap – The announcement made on 1 February was a respite to taxpayers, especially the middle-class In the Union Budget 2025-26 presented recently by Finance Minister Nirmala Sitharaman, the Central government announced no income tax would be payable on income up to Rs.12 lakh

Amita Desai & Co’s Merger With InCorp Global Catapults It To Become India’s Leading Corporate Advisory Firms Strap – The firm will offer advisory services to clients in complex domains InCorp Global has announced its merger with Amita Desai & Co propelling it to be one of the leading Corporate Secretarial Advisory practices in India.

Dabur India’s Burmans Receive Cool Response To Rs.2,116 Crore Open Offer For Religare Strap – The acquisition process was affected due to insider trading violation allegations and chairperson Rashmi Saluja’s removal The open offer of Rs.2,116 crore by Dabur India’s Burmans to acquire an additional 26 percent stake in the diversified financial services group Religare

NCLAT Refuses Interim Relief On Byju’s-BCCI Deal Strap – Riju Ravindran had sought to block the firm’s CoC from taking up BCCI’s application to withdraw the insolvency petition against Think & Learn The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has refused interim relief to Byju’s suspended director Riju Ravindran, who sought

The Society For Constitutional Law Discussion (TSCLD) is hosting an online National Seminar on Constitutionalism in the Age of AI: Navigating the Algorithmic Maze, open for submissions until March 25th, 2025. About The Society For Constitutional Law Discussion In order to develop the culture of legal writing and discussion, some of the students of the