Legal 60

SEBI approves IPOs of Innovatiview India, Park Medi World, Runwal Enterprises, Jinkushal Industries and Advance Agrolife The companies filed their draft papers between February and April The Securities and Exchange Board of India (SEBI) has sent observation letters to five companies, clearing their IPO proposals. The companies are Innovatiview India, a security and surveillance solutions

The doctrine of adverse possession permits a person who has remained in open, continuous, and hostile possession of immovable property for the statutory period of twelve years (under Article 65 of the Limitation Act, 1963) to perfect title against the true owner. This doctrine, being an exception to the sanctity of ownership rights, has been

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