Telangana Becomes The 1st State To Designate IAMC, Hyderabad As The Arbitral/Mediation Institution In All Contracts Above 3 Crores

The Law Department of Government of Telangana, on 17.03.2022 issued an OrderdesignatingInternational Arbitration and Mediation Centre (IAMC), Hyderabad as the arbitral /mediation institution in all contracts above 3 crores where the Ministries, Departments, Public Sector Companies and other entities controlled or managed by the Government of Telangana are a party. The said Order has been issued in furtherance of a Memorandum of Understanding (MoU) which was entered between the...

JoyceLaw Represented CityMall In Raising USD 75 Million In Series C funding, Led By Norwest Venture Partners

JoyceLaw represented CityMall, a community-based e-commerce venture, in raising USD 75 million in Series C funding, led by Norwest Venture Partners. This round also saw participation from General Catalyst, Citius, Jungle Ventures and Arena Ventures, Elevation, Accel and Waterbridge Ventures.Founded in 2019, by Angad Kikla and Naisheel Verdhan, CityMall is a homegrown community-based e-commerce platform targeted at consumers in tier II, III and IV towns and provides income opportunities to a...

Delhi High Court Passes Injunction Order Against Sithara Entertainment &Ors.

In or around March 2020, JA Entertainment Pvt Ltd, had entered into discussions with Gold Coin Motion Picture Company, for obtaining Hindi remake rights in respect of the Malayalam language film titled "Ayyappanum Koshiyum"originally released on 7th February 2020, and which was considered a commercial success in the South-Indian Film Industry. As a consequence, Hindi remake rights for the film was assigned by Gold Coin Motion Picture Company in favour of JA Entertainment Pvt Ltd., making it the...

Partner Promotions At Argus Partners

Aastha, Adity Chaudhury and Arka Majumdar have been elevated to Equity Partnership and Somdutta Bhattacharyya have been promoted as a salaried Partner w.e.f. April 1, 2022. Aastha is one of the core members of the Firm's Banking & Finance and Restructuring & Insolvency practice in Mumbai. She is one of the members of the Firm who has been involved in the journey of the Firm since its inception in 2009. Aastha holds extensive experience of over 13 years in handling various...

Bandra's New Mig Colony On Mhada Land Goes For A Face Lift Through Cluster Redevelopment, Appoints Leading Pmc And Lawyers''

Bandra will soon have a posh neighbour on MHADA land. The New MIG Colony in Bandra East near the Station has just appointed Mr Nikhil Dixit from MHADA's Panel Architectas Project Management Consultant and M/s Solicis Lex Advisory as their Lawyers. The new MIG co-operative housing association limited, is association, recently formed in the year 2021, presently consists of 6 (six) buildings and is the lessee of MHADA with approx. 6408.05 sqmtrsand a total of approx. 9008 sqmtrs....

Dua Associates Completes 4 Back-To-Back Transactions For Fourth Partner Energy

Bengaluru/ Hyderabad, March 2022: Contributing to India's move towards achieving its Clean Energy goals, Dua Associates team of Partners Manoj Menon and Sharan Balasubramanian completed three transactions on behalf of client Fourth Partner Energy Private Limited, India's leading distributed solar energy firm focusing on building and financing solar projects. The completed deals include advising the client on the financial facility availed by them from Investec and CDC Group and...

Dua Associates Mumbai Represents Alliance Mall Developers Pvt Ltd In Raising INR 900 Million As Debt Funding

Mumbai March 23, 2022: Real estate sector has weathered the impact of the pandemic and now making a strong comeback. In line with this, Dua Associates' Mumbai office has acted for Alliance Mall Developers Pvt Ltd which is in the Real Estate and Renting business, (a subsidiary of publicly listed Prozone Intu Properties Limited) in raising INR 900 million as debt funding from SWAMIH Investment Fund I - a special window created to provide priority debt financing for the completion of stalled...

Link Legal Advised JSW Foundation In Participating As A Member Of The Skill India Impact Bond Launched By The National Skill Development Corporation (NSDC)

Link Legal represented and advised JSW Foundation in participating as a member of the Skill India Impact Bond, a first of its kind and India's largest impact bond, launched by the National Skill Development Corporation (NSDC).The SIIB will support 50,000 young people in India over four years, 60 percent of whom will be women and girls and provide them with skills and training and access to wage-employment in Covid-19 recovery sectors including retail, apparel, healthcare and logistics. The...

Allahabad High Court provides relief in a FIR Registered against the co-founders of Cars 24

In a big relief to the co-founders of the Cars 24 Services Ltd., the Allahabad High Court issued an order to stay any coercive against the co-founders of the company till next three months in a case related to the sale of forged documents pertaining to a pre-owned car. The co-founders of the company were represented by Karanjawala & Co.The FIR has been registered against the co-founders under Sections 405, 420, 467, 471, 504, 506 and 120-B IPC. Essentially, the case against the co-founders...

Link Legal Advised InYantra In Its Acquisition By Volex

Link Legal represented and advised InYantra Technologies Private Limited ("InYantra") and its shareholders, in acquisition of (i) 51% shares of InYantra by Volex Interconnect Indian Private Limited, the Indian subsidiary of Volex PLC ("Volex"); and (ii) 4% shares of InYantra by Boundary Holdings India Private Limited, a subsidiary of Boundary Holdings, a UK based firm ("Boundary"). The ticket size of the deal is approximately USD 8 million consisting of both primary and secondary investments....

Kotak's Ex - GC Joins Chandhiok & Mahajan To Enhance Banking, Finance And Corporate Governance Practice

New Delhi, Delhi: Chandhiok & Mahajan has welcomed this year with the hiring of Bhargesh Ojha as a Senior Advisor in the Banking, Finance, and Corporate Governance practice.Ranked as Top 100 GC's by Legal500 in India, Bhargesh brings with him an unmatchable experience of three decades in the banking and finance sector. Before joining C&M, Bhargesh has been independently consulting financial and non-financial institutions on risk analysis, corporate laws, BFSI regulations, real...

Obhan & Associates Acted As The Legal Counsel To Pine Labs Limited, Singapore, In Its Acquisition Of Qfix Infocomm Private Limited

Obhan & Associates acted as the legal counsel to Pine Labs Limited, Singapore, in its acquisition of Qfix Infocomm Private Limited, a Mumbai based end-to-end cloud platform delivering online integrated payments and billing services to multiple sectors.A leading merchant commerce platform, Pine Labs serves prominent large, mid-sized and small merchants across India and Southeast Asia. The company's leading cloud-based software platform enables it to offer a wide range of payment acceptance...