Nigerian National Represented By Attorney Karan S.Thukral Removed From Blacklist Category By The Ministry Of Home Affairs

Attorney Karan S.Thukral, on behalf of his client who hails from Nigeria, lately managed to attain a favourable Order from the Delhi High Court in a Writ Petition seeking deletion of his name from the blacklist category of immigrants. The office informed that the Nigerian citizen namely Mr. Onyebuchi used to frequently travel back and forth from Nigeria to India in order to meet his wife and children who reside in Meghalaya. Unfortunately, his application for grant of visa went into...

Ritika Ganju, Former Phoenix Legal Partner Sets Up A New Firm - 'Rise Legal'

Ritika Ganju, a former partner in corporate and M & A practice of Phoenix Legal has set up a new law firm with partners, Tejas Patel, Aquib Ali and Meera Kaura. Rise Legal is a full-service law firm with a principal office in New Delhi with a network of associate offices and of-counsels across the major cities of India. While Ritika and Tejas will take the lead on corporate, commercial and M & A practice of the firm, Aquib and Meera will be heading the dispute resolution...

Hari Subramaniam To Take Over As The First Indian President Of Asian Patent Attorneys Association (APAA)

The 73rd Council Meeting of the Asian Patent Attorneys Association (APAA) was held in Busan, South Korea from October 15 to 18, 2022 after a hiatus of three years.The meeting was attended by 1370 members from 22 recognised groups of Asia, and observers from 65 countries outside Asia.The Busan Council meeting was particularly significant for India when a top tier Patent Attorney from India, and twice past President of India Group, Hari Subramaniam was elected as its President Elect. Hari...

Luthra And Luthra Acts As Borrower's Legal Counsel In Relation To Six-Lanning Highway Project

The Firm's Banking and Finance team acts as the Borrower's Legal Counsel for Ghaziabad Aligarh Expressway Private Limited (part of Cube Highways Group) in connection with refinancing of existing lenders, and (for strengthening and widening) of the Ghaziabad-Aligarh section of NH-34 (formerly NH-91) in the State of Uttar Pradesh ("Project Highway") to six lanes from the existing four lanes.The transaction was led by Partner, Karan Mitroo and ably assisted by Associate, Aishwarya Dixit.

Saraf And Partners Advised Carlyle Group In Pre-IPO Transactions With RJ Corp, SBI MF And Novo Holdings

Saraf and Partners advised Carlyle Group in a pre-IPO transaction involving sale of its partial stake in Global Health Limited to a clutch of three investors namely (i) RJ Corp Limited; (ii) SBI Funds Management Limited; and (iii) Novo Holdings.Global Health Limited, which operates and manages speciality hospitals under its brand 'Medanta', has filed draft papers for an initial public offering which will consist of a fresh issue and an offer for sale by promoters and shareholders.The Firm was...

Argus Partners Acts On INR 100 Crore Series A Fundraise By SolarSquare Energy Private Limited

Argus Partners has acted as the legal counsel for SolarSquare Energy Private Limited, a Mumbai based Cleantech solar rooftop startup, on its INR 100 Crore Series A funding round, led by Elevation capital and Lowercarbon.The Argus team consisted of Ankit Guha (Partner), Tushar Thimmiah (Principal Associate) and Kushagra Kumar (Associate).

Luthra And Luthra Acts For Lenders/Bondholders On Maiden Financing Of Highway Infrastructure Trust

The Firm advised ICICI Bank Limited, India Infrastructure Finance Company Limited, SBI Mutual Fund, and Nippon India in connection with the private placement of 6,500 NCDs aggregating to INR 650 Crores in 2 series by Highways Infrastructure Trust (the "InvIT"), the road InvIT platform launched by KKR and also ICICI Bank Limited, State Bank of India and Axis Bank Limited in connection with availing of rupee loan facilities aggregating to INR 800 Crores by the InvIT.The transaction was led by...

Former ED Chief And Ex-IPS Officer, Mr. Karnal Singh Launches Law Firm - Circle Of Counsels

Former Director of Enforcement Directorate, Karnal Singh has set up law firm - Circle of Counsels in New Delhi, India, along with 4 other Founding Partners. The Firm will focus on litigation, dispute resolution practice and white-collar defence practise. Karnal Singh, Advocate, is a distinguished former IPS officer who is well known for having led several high-profile probes during his 3 year long tenure as the Chief of ED, prior to his retirement in 2018. As per a press release,...

Sujatha Rangachari Joins Kochhar & Co. As Senior Partner At The Chennai Office To Strengthen Its Banking, Finance And Real Estate Practice

We are pleased to welcome Ms. Sujatha Rangachari who recently joined the Chennai Office of Kochhar & Co. ("The Firm") as a Senior Partner to expand its banking, project finance and real estate practice in the region. Ms. Rangachari is a senior legal professional with extensive cross sectoral experience in banking, finance, infrastructure and real estate. She has over two and a half decades of banking experience having led the in-house legal function of various banks and financial...

NCLAT On Pre-Existing Disputes: Outright Dismissal Of CIRP Application When There Is Pre-Existing Dispute

On 28.09.2022, the National Company Law Appellate Tribunal ('NCLAT') Bench comprising of the Justices Ashok Bhushan (Chairperson) and Barun Mitra, Member (Technical) upheld the decision of NCLT, Kolkata rejecting the Application under Section 9 of the Insolvency and Bankruptcy Code, 2016 ('IBC') filed against Heavy Engineering Corporation ('HEC') by G4S Secure Solutions (India) Private Limited ('G4S') on the ground of pre-existing dispute between parties prior to issue of the demand...

Luthra And Luthra Law Offices India Advised Pangram Brands And Its Promoters, Divya And Bhawnish Suri On The Investment By PDS Limited In Pangram

The Firm advised Mr. Bhawnish Suri and Ms. Divya Suri (Promoters) on the acquisition by PDS Limited (PDS) of 51% shareholding of the Promoters in Pangram Brands Private Limited (Pangram) and consolidation of the business of DBS Lifestyle LLP (DBS) and other DBS group entities led by the Promoters, under Pangram.The transaction team was led by Partner, Navin Syiem and ably assisted by Senior Associate, Sidhartha Jatar and Associates – Shaurya Jakher and Ruthvik Tumuluri.

Argus Partners Advises Malabar Investments In Its INR 100 Crore Investment In BoAt

Argus Partners acted for Malabar Investments in its INR 100 crore investment in boAt (Imagine Marketing Limited), a leading consumer electronics brand, as a part of its INR 500 crore Series C fund raise.The Argus team consisted of Abhinav Bhalaik (Partner), Armaan Patkar (Partner), Mahika Parikh (Principal Associate) and Riya Gupta (Associate).