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Legal Era

From Legal Era
NCLAT Clears Way For JSW Steel To Acquire Bhushan Power
[ By Bobby Anthony ]The National Company Law Appellate Tribunal (NCLAT) has rejected pleas challenging the sale of Bhushan Power & Steel Ltd (BPSL) to JSW Steel Ltd, effectively allowing the latter to...
OIL, Non-Telecom PSUs May Move TDSAT On AGR Dues
[ By Bobby Anthony ]Public sector oil explorer Oil India Ltd (OIL) may move the Telecom Disputes Settlement & Appellate Tribunal (TDSAT) challenging any move by the Department of Telecommunications...
S&R Associates represent Aéroports de Paris S.A. for investment in GMR Airports
S&R Associates represented Aéroports de Paris S.A. (Groupe ADP) on a proposed investment of Rs. 10,780 crores in GMR Airports Limited. The transaction involves an acquisition of an aggregate 49%...
S&R Associates act for ICICI Securities Limited – the book running lead manager in the placement of equity shares by Prestige Estates Projects
S&R Associates represented ICICI Securities Limited, the book running lead manager, in the Rs. 4.6 billion qualified institutions placement of equity shares by Prestige Estates Projects Limited, a...
AGR: SC Rejects Vodafone Plea Seeking ‘No Coercive Action’
[ By Bobby Anthony ]Vodafone Idea has moved the Supreme Court stating that as of now, it can pay only Rs 2,500 crore of adjusted gross revenue (AGR) dues to the government and will follow it up with...
Godrej To Challenge NGT Order Quashing Nod To Project
[ By Bobby Anthony ]Godrej Properties has stated that it will challenge the NGT order quashing environmental nod granted to one of its housing project in Bengaluru, saying that no construction work...
CCI Defends Amazon Probe Order Before Karnataka HC
[ By Bobby Anthony ]The lawyer for the Competition Commission of India (CCI) and the Delhi Vyapar Mahasangh (DVM) has defended the CCI order to initiate a probe against e-commerce firms including...
Vijay Mallya Appeals Against Extradition From The UK
[ By Bobby Anthony ]Fugitive economic defaulter and willful defaulter Vijay Mallya Vijay Mallya has appealed in Britain’s High Court recently against his extradition to India to face fraud and money...
ED, CBI Submit Status Reports In Aircel-Maxis Case
[ By Bobby Anthony ]The Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) have submitted status reports in Aircel-Maxis case, involving former Finance Minister P Chidambaram and...
SC Warns Telecom Bosses Of Contempt Proceedings
[ By Bobby Anthony ]The Supreme Court has come down heavily on the telecom companies for not paying adjusted gross revenue (AGR) dues to the tune of Rs 1.47 lakh crore to the government and summoned...
Beneficiaries of insurance services come under the ambit of ‘Consumers’ even if they are not parties to the insurance contract: SC
[ by Kavita Krishnan ]A Supreme Court bench of Justices Deepak Gupta and S. Abdul Nazeer ruled that although beneficiaries of a contract of insurance are not parties to the contract, they still are...
Include Videocon Oil Business In Insolvency Process: NCLT
[ By Bobby Anthony ]The National Company Law Tribunal (NCLT) has ordered the inclusion of Videocon oil businesses in Brazil and Indonesia as part of insolvency proceedings being conducted in...











