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Legal Era

From Legal Era
SAT Allows Lenders To Sell Reliance General Insurance
[ By Bobby Anthony ]The Securities Appellate Tribunal (SAT) has upheld the right of Reliance Home Finance’s lenders Nippon India Mutual Fund and Credit Suisse to sell the shares of Reliance General...
SEBI Slaps Rs 5 Crore Fine On Mehul Choksi, Gitanjali Gems
[ By Bobby Anthony ]A fine of Rs 5 crore has been slapped by the Securities & Exchange Board of India (SEBI) on Gitanjali Gems, Mehul Choksi, and Dhanesh Sheth for violating listing norms as well as...
CCI May Probe Tata Motors And Two Group Companies
[ By Bobby Anthony ]The Competition Commission of India (CCI) is in the process of reviewing a complaint that alleges that Tata Motors and two other group companies dictated terms around the quantity...
ED Seeks More Time From To Intervene In Sterling Case
[ By Bobby Anthony ]The Enforcement Directorate (ED) has sought permission from the Mumbai bench of the National Company Law Tribunal (NCLT) to intervene in the insolvency resolution pleas against...
NCLT Approves HUL-GSK Consumer Healthcare Merger
[ By Bobby Anthony ]The Chandigarh bench of the National Company Law Tribunal (NCLT) has approved the merger between Hindustan Unilever Ltd (HUL) and GlaxoSmithKline Consumer Healthcare (GSKCH).The...
SAT Rejects SEBI’s Review Plea In Schneider Delisting Case
[ By Bobby Anthony ]The Securities & Appellate Tribunal (SAT) has rejected a review petition filed by the Securities & Exchange Board of India (SEBI) in a matter involving investor complaints against...
NCLAT Sets Aside Insolvency Proceedings Against Flipkart
[ By Bobby Anthony ]The National Company Law Appellate Tribunal (NCLAT) has set aside insolvency proceedings against e-commerce major Flipkart.CloudWalker, an operating creditor, which had imported...
SC Restores NCLT Order To Return Land To Group Firm
[ By Bobby Anthony ]An order issued by the Allahabad bench of the National Company Law Tribunal (NCLT) directing Jaiprakash Associates Ltd (JAL) to return 758 acres of land which was pledged with...
S&R Associates represented Bertelsmann India Investments in USD 40 million funding in Pepperfry by Pidilite
Pidilite Industries, the makers of popular homegrown adhesive brand Fevicol, has led a $40 million funding round in online furniture retailer Pepperfry. Pidilite, which made the investment through its...
Mauritius FPIs Are Eligible For Registration, Clarifies SEBI
[ By Bobby Anthony ]The Securities & Exchange Board of India (SEBI) has announced that foreign portfolio investors (FPI) from Mauritius will continue to be eligible for registration, although with...
Bombay HC Stops Xtasea From Using ‘Bigg Boss’ Trademark
[ By Bobby Anthony ]The Bombay High Court has restrained event management company Andaman Xtasea Events from infringing or using any brand identical to ‘Bigg Boss’ in any manner.The order came in...
Jet Creditors May Ask Court To Extend Liquidation Deadline
[ By Bobby Anthony ]Lenders to the now defunct Mumbai-based Jet Airways plan to request the court extend a mid-March deadline for creditors to agree on a resolution plan or allow the airline company...












