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Legal Era

From Legal Era
AZB & Partners advise Tiger Global affiliate Internet Fund V Pte. Ltd. in its $75 million transaction with Urban Clap
AZB & Partners acted as the legal counsel in the acquisition of certain equity securities in UrbanClap Technologies India Private Limited by Tiger Global Management.Urban Clap, founded by Abhiraj...
AZB & Partners help strike a deal between Sarin Family India LLC and REPL
Rainshine Entertainment Private Limited (REPL), a media and entertainment company was co-founded by Neeraj Bhargava, Mihir Modi and Anuraag Srivastava in 2018. The company aims to acquire and grow...
AZB & Partners advise HCL Infosystems in the sale of its Singapore subsidiary to PCCW
HCL Infosystems Ltd. decided to sell its Singapore subsidiary HCL Insys Pte. Ltd. to PCCW Solutions Ltd. which is a Hong Kong-based company as part of its efforts to monetise its business and reduce...
AZB & partners advise Arun Sarin and Sarin Family India LLC in Meesho deal
Bengaluru- and California-based Meesho, an online marketplace for resellers, on Monday said it has raised $125 million funding in a round led by South African investor Naspers. Social networking giant...
IL&FS money-laundering case: ED summoned MNS chief Raj Thackeray
The Enforcement Directorate (ED) summoned Maharashtra Navnirman Sena (MNS) chief Raj Thackeray seeking explanation in the alleged irregularities in Infrastructure Leasing & Financial Services (IL&FS)...
ED filed chargesheet in the IL&FS money-laundering scam
A charge sheet was filed in a special court of the Prevention of Money Laundering Act charging some senior management personnel of IL&FS alongwith Aircel founder C Sivasankaran.The senior management...
Ratul Puri booked by CBI in Rs 354-crore bank fraud case
Madhya Pradesh Chief Minister Kamal Nath’s nephew, Ratul Puri who was a former Executive Director of Moser Baer has been booked by the Central Bureau of Investigation (CBI) with respect to money...
AMTEK Auto to be declared insolvent by NCLAT
Corporate Insolvency Resolution Process was initiated against Amtek Auto Limited pursuant to an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. In 2017, ‘Resolution...
SEBI Circular: AMCs to ensure that no funds of a scheme to be parked in STDs of a bank investing in that scheme
SEBI issued a circular regarding parking of funds in short-term deposits of scheduled commercial banks by mutual funds -- pending deploymentThe Securities Exchange Board of India (SEBI) issued a...
TDS is exempt in the reimbursement of LTA for travels outside India: ITAT
Different branches of Syndicate Bank (Assessee) in Bengaluru were penalized by the Income Tax Department (Department) for failure to deduct tax at source (TDS) of its employees on Leave Travel...
Adani Group companies case hearing in the summer vacation bench of the SC inappropriate and without proper justification: Dushyant Dave writes a letter to the CJI
Dushyant Dave, Senior Advocate and former President of the Supreme Court Bar Association has written a letter to the Chief Justice of India alleging that in the case of Parsa Kenta Collieries Ltd. Vs...
Jet Airways Penalized For Not Informing Passengers Regarding Re-scheduling of Flight by NCDRC
The National Consumer Disputes Redressal Commission (NCDRC) directed Jet Airways to pay a fine of Rs. 1 lakh to one its passengers for failing to inform regarding the re-schedule of its flight.The...











