SNG & Partners Announces Promotions At Partnership Level

SNG & Partners is pleased to announce the elevation of Sanjay Gupta to Managing Partner – Dispute Resolution Practice and Amit Aggarwal to Senior Partner at the Firm, after its recent collaboration with R&P Partners across nine cities including Singapore. SNG & Partners, with its Partner count of 19, and R&P Partners with its Partner strength of 6, had earlier this year, collaborated through an exclusive joint venture after which the consolidated strength of the firms is...

Loco And FIFA Team Up To Bring The Exclusive Esports Experience To Fans Across India

Luthra and Luthra Law Offices India represented Stoughton Street Tech Labs Private Limited to acquire exclusive media rights agreement for FIFAe Pinnacle Events in India.Game streaming platform, Loco (Stoughton Street Tech Labs Private Limited), entered into an exclusive media rights agreement with FIFA, football's international governing body to bring the centrepiece of the FIFA esports experience – FIFAe World Cup 2022™, FIFAe Club World Cup 2022™, and FIFAe Nations Cup 2022™ to fans across...

NSE IFSC- SGX Connect

The NSE IFSC-SGX Connect was launched by the Hon'ble Prime Minister of India, Shri Narender Modi, at the Gujarat International Finance Tec-City, Gujarat ("GIFT City"), India's maiden International Financial Services Centre ("IFSC").With this launch, the NSE and Singapore Exchange (SGX) are set to bring SGX Nifty trading to the GIFT City, pursuant to which, all SGX Nifty futures contracts, which were till now traded in Singapore, will be traded at the NSE IFSC- SGX Connect.Luthra and Luthra Law...

The Great Come Back – Luthra And Luthra Law Offices India

Luthra & Luthra Law Offices started its journey over 3 decades ago, setting a benchmark for high quality modern legal services in a new and liberalised Indian economy. It soon came to be recognised as one of the largest top-tier law firms in the country, providing sound legal advice across industry sectors and won many accolades (both national and international).In the year 2018, the Firm was rechristened L&L Partners, however, amongst its clients, peers, legal fraternity and the media,...

Karan S. Thukral Collaborates With 'CAN & PARTNER' Law Office, Turkey

Can & Partner Law office is one of the leading firms in litigation and mediation sector, covering a major chunk in the state of Turkey. The Firm was founded in 1993 and is presently headed by Nevin Can, Advocate. The Firm is a proud owner of a multidisciplinary team of lawyers specializing in almost all areas of law; civil, criminal, commercial and mediation. As an internationally accredited mediation firm, 'Can & Partner' is now looking to offer mediation services to resolve...

Allahabad High Court Granted Bail To Accused In Rs. 529 Crores Tax Evasion Case

On 29.07.2022, Justice Siddharth of Allahabad HC granted bail to an accused who was in continued judicial custody for more than 150 days. DGGI alleged that the accused formed 75 fake firms and prepared fake documents/invoices evidencing financial transactions between various parties without actual movement of goods; and as a sequel thereof, input tax credit of Rs. 5,28,91,94,250/- (Rupees Five Hundred Twenty Eight Crores Ninety One Lakh Ninety Four Thousand Two Hundred Fifty only) has been...

Argus Partners Advises Fitterfly Healthtech On Raising $12 Million In Series A1 Funding Round

Argus Partners has acted as a legal counsel for Fitterfly Healthtech Private Limited ("Fitterfly") in its Series A1 round led by Amazon Smbhav and Fireside Ventures. Fitterfly raised USD 12 million in this round.The Argus team consisted of Ankit Guha (Partner), Utsav Gandhi (Senior Associate) and Ravi Thakur (Associate).

Delhi High Court Rejects Commercial Bank Of Kuwait's' Application For Deletion In A Suit On The Ground Of Lack Of Jurisdiction

The Delhi High Court has rejected an application under Order 1 Rule 10 filed by Commercial Bank of Kuwait, whereby the Bank of Kuwait was seeking deletion of its name from the array of parties in a Suit for recovery instituted by a Plaintiff Company based in New Delhi. The Plaintiff had entered into a transaction for the export of wholesale food items with a Kuwait-based Company. It was agreed between the Parties, as is common in international transactions, that the payment of goods...

Argus Partners Advises CRED On Raising $140 Million In Series F Funding Round

Argus Partners has acted as the legal counsel to fintech unicorn, CRED (Dreamplug Technologies Private Limited), on raising USD 140 million in its Series F funding round with a post money valuation of USD 6.4 billion. The Argus Team consisted of Abhinav Bhalaik (Partner), Mahika Parikh (Principal Associate), Riya Gupta and Megh Panchal (Associates).

L&L Partners Advises Howden India On Its Sale Of 46% Equity To Howden UK

The Firm advised Praveen Vashishta, the CEO and MD of Howden Insurance Brokers Private Limited, on sale of his 46% equity stake in Howden India.Howden is the largest non-US broker globally, and one of the biggest international insurance brokers in India. Howden India has been a highly successful joint venture for 19 years with Praveen at the helm. In a heavily regulated and restricted market, once the government permitted 100% FDI in insurance intermediaries under the automatic approval route,...

SC Refuses To Interfere With The Selection Process Of The West Bengal Central School Service Commission For The Appointment Of Assistant Teachers - 11 SLPs Dismissed.

In a very significant development, the Hon'ble Supreme Court of India refused to interfere with the selection process for appointment to the posts of Assistant Teachers in the State of West Bengal conducted by the West Bengal Central School Service Commission during the period 2013 – 14. Several hundred unsuccessful candidates had approached the Hon'ble Apex Court challenging the Orders passed by the Ld. Single Judge and Ld. Division Bench of the Hon'ble High Court at Calcutta dismissing...

Axis Finance Limited Vs. Orbit Venture Developers: City's Top Builder Is Absconding!

Axis Finance Limited vs. Orbit Venture Developers & Ors. was once again listed before the before the Hon'ble Division Bench headed by Hon'ble Shri Justice K. R. Shriram in Cr. No.13.The Respondent No. 2 & 3 i.e. Rajen Dhruv & Hiren Dhruv were not present in the Court.It was informed to the Hon'ble Court by the Advovate representing both the directors that he wishes to withdraw his Vakalatnama. He further informed the Hon'ble Court that both the directors are not reachable & may...