Thukral Law Associates Acts As Legal Counsel In A USD 50 Million Claim Against Qatar Airways

Advocate Karan S. Thukral on behalf of his client, Mrs. Al Yaseen, has filed for damages to the tune of 50 million US Dollars in the Court of Law against Qatar Airways. The Issue arose when the airline disallowed her husband to board the flight from India to Iraq on erroneous grounds. Mrs. Al Yaseen states that throughout the incident, her husband was left unattended, while they were stranded at the Indira Gandhi International Airport. The Airlines took zero responsibility and...

Dhir & Dhir Associates Advises New Lenders (REC And IREDA) On Suzlon Group's Refinancing Of Existing Facilities (SBI Led Consortium)

Dhir & Dhir Associates have advised the Lenders, REC Limited and IREDA, on the sanction and disbursement of term loan of approx. Rs. 4,053 Crore to Suzlon Energy Limited and its subsidiaries. With the disbursement of the said facility, REC Limited and IREDA Limited have substituted a consortium of sixteen lenders (led by State Bank of India). In its role as the Lenders' Legal Counsel, the firm carried out legal due diligence of the Borrower Group, drafted and negotiated the...

Bombay High Court Inter Alia Challenging The Action Taken By State Bank Of India On Mr. & Mrs. Goyal

Mr. & Mrs. Goyal filed two separate writ petitions before the Bombay High Court inter alia challenging the action taken by State Bank of India against Mr. and Mrs. Goyal under the RBI Master Circular on Fraud. The said Petition(s) were listed today before the Division bench comprising of their Lordship the Hon'ble Mr. Justice S.V. Gangapurwala and the Hon'ble Mr. Justice Madhav J. Jamdar Senior Counsel Dr. Mr. Milind Sathe, a/w Naval Agarwal alongside Mr Ameet Naik Founder and...

Interaction Of Fintech With Privacy And Security -A Tale Of Changing Priorities By Amicus Services

Fintech's industry's interaction with data has evolved over the past years from being business oriented to compliance oriented. India is at the threshold of creating an environment for data empowerment for consumers through technological innovation (such as account aggregator) and by providing legislative support for consumer data rights (the proposed data privacy law). This paper done by Amicus, in association with DLAI, emphasises that these create the imperatives and incentives for the...

The Law Office Of Karan S. Thukral Partners With A USA Based International Business Group Headed By Ms. Karla Bledsoe

One world International Partners is a business group dedicated towards building a community of globally networked persons, catering to high-end business solutions. With the recent developments in the US economy and considerably changing business forefronts, the organization has decided to step up and has already become a pioneer in the business world. Karla Bledsoe and her business partner Ricardo Leite are the ones behind the idea, who have opened up channels, regulatory and legal...

Siddharth Nagar-MHADA Layout No.5 Shortlists Five Developers For Redevelopment

In the heart of Goregaon opposite Prabodhan Complex, Siddharth Nagar- 5 Co-operative Housing Society Limited, being one of the largest chawl in western suburbs is comprising of 16 chawls and is spread across approx. 9103 Sq. Mtr. plot area and having over 137 tenements. The tendering process has commenced whereby 5 top developers have been shortlisted. The Society has appointed Mr Nikhil Dixit, M/s. Shilp Associates as Project Management Consultant (PMC) and Solicis Lex Advisory as Law...

Obhan And Associates Acts As Legal Counsel To C.K.R Resorts For Its Hotel Management Agreement With Hilton Hotels

Hilton Hotels, a leading global hotel operator, has entered into an agreement with C.K.R. Resorts for the operation of a hotel in Hyderabad under Hilton's flagship brand, the Hilton Hyderabad Resort & Spa. The hotel will spread across 15 acres in Shamirpet, Hyderabad, near Genome Valley, and will have 115 rooms and 13 villas.Obhan & Associates acted as the legal counsel to C.K.R. Resorts and were responsible for reviewing and negotiating the transaction documents, including the branding...

Delhi High Court Calls For Personal Appearance Of Contemnors For Failure To Make Deposits In Compliance Of Court's Directions

In a Petition filed under Section 2(b) and Section 12 of the Contempt of Courts Act, 1971 along with Article 215 of the Constitution of India, the Hon'ble Delhi High Court while issuing Notice in the matter has directed personal presence of the Contemnors i.e. Mr. Sushil Ansal- Chairman, Pranav Ansal-Vice-Chairman, Mr. Anoop Sethi- CEO and Mr. Prashant Kumar- CFO of Ansal Properties & Infrastructure Ltd (APIL) for non-compliance of an Order dated 05.01.2022 whereby directions were...

Obhan & Associates Act On Okinawa Autotech's Joint Venture With Tacita

Okinawa Autotech, a leading Indian electric two-wheeler manufacturer, has entered into a joint venture with Italian electric and performance motorcycle manufacturer, Tacita, for the manufacture of electric two-wheelers. The joint venture company will be incorporated in India and production of the new electric two-wheelers is set to begin in 2023. Both the parties will work together to develop new scooters and motorcycles and the joint venture company will target the domestic as well as the...

U.S.A Based Org. Headed By Ben Schumaker Retaines Karan S. Thukral As Legal Counsel To Represent Afghan Nationals

After a heart throbbing incursion of the Taliban in Afghanistan, Afghan nationals have been left at the mercy of god and are being subjected to innumerous wrongs. Those who were able to abscond the country, are now facing immense difficulties in terms of finding a place they can finally call a 'home'. Although various nations have come forth to help those who are severely affected and have lost their homes, it is mostly the civil society who is working on the front lines, helping the ones...

SL Partners Expands Its Office Space And Practice Areas

SL Partners announces its expansion by (i) moving into a bigger office at 1617-C Wing at One BKC and extending its infrastructure and (ii) also welcoming its new Equity Partner, Mr. Nand Kishore, who is an expert legal advisor in Tax (Advisory & Litigation), Labour and Employment (Advisory & Litigation) and Admiralty. Mr. Nand Kishore has 22+ years' experience in the legal field and specially in these sectors. Nand Kishore was earlier a Partner at HSA Advocates, DSK Legal and...

Zeus Law Associates Advised Rexxam Co. Ltd. On Their Joint Venture With Dixon Technologies (India) Limited

Rexxam Co. Ltd. entered into a joint venture with Dixon Technologies (India) Limited by acquiring 60% stake in Rexxam Dixon Electronics Private Limited, which has received approval under the PLI scheme for White Goods (AC and LED lights) of the Government of India. Pursuant to a joint venture agreement and investment from Rexxam Co. Ltd. and Dixon Technologies (India) Limited, Rexxam Co. Ltd owns 60% and Dixon Technologies (India) Limited owns 40% in the JVC. ZEUS Law Associates...