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Legal Era News Network

From Legal Era News Network
NCLAT Rules Look-Back Period For Related-Party Transactions Cannot Exceed Two Years Under IBC
NCLAT rules the look-back period for related-party transactions under IBC cannot exceed two years, upholding financial regulations.
Supreme Court Refuses To Entertain Trademark Infringement Plea Against Film 'Jigra'
Supreme Court declines to entertain a trademark plea against the movie 'Jigra,' allowing its release to proceed.
NCLAT Allows Former Promoter To Participate In CIRP Despite CoC's Disqualification, Citing Relaxation Under Section 29A Of IBC
NCLAT allows former promoter to participate in CIRP, dismissing CoC's disqualification citing relaxation under Section 29A of IBC.
Legal Solutions Adds Kevin Tan As Director To Strengthen Disputes Practice In Singapore
Kevin Tan joins Legal Solutions as Director to enhance disputes practice.
Khaitan & Co Advised JSW Steel On ₹2,250 Cr Issuance Of Secured Non-Convertible Debentures
Khaitan & Co advised JSW Steel on issuing ₹2,250 Cr secured non-convertible debentures for long-term working capital and capex.
Baker McKenzie Advised Arabian Mills on IPO on Saudi Exchange
Baker McKenzie advised Arabian Mills on its successful SAR 1,016M IPO on the Saudi Exchange, oversubscribed by 132 times.
Khaitan & Co Advised VentureSoul Partners On Debut Investment In True Credits Through Non-Convertible Debentures
Khaitan & Co advised VentureSoul Partners on a 20 Cr NCD investment in True Credits, backed by Balancehero India's corporate guarantee.
Bombay High Court Overturns Assessment, Criticizes AO's Lack Of Inquiry And CIT(A) & ITAT's Mechanical Endorsement Of Expense Disallowance
Bombay High Court overturns ITAT's 10% expense disallowance, criticizing AO's lack of inquiry and mechanical endorsement by CIT(A) & ITAT.
NCLT Chennai Rules That Only Committee Of Creditors Can Replace Resolution Professional, Not Operational Creditors
NCLT Chennai ruled that only the Committee of Creditors (CoC) can replace a Resolution Professional (RP), not operational creditors.
Bird & Bird Expands Middle East Presence with Addition of TMT Expert Nick O’Connell
Bird & Bird enhances its Middle East presence by hiring Nick O'Connell, a TMT expert from Al Tamimi, to strengthen its Dubai office and further its position as a leading international technology law firm in the Gulf region.
ITC Hotels Announces Its Demerger Effective From 01 January
ITC Limited announces the demerger of ITC Hotels effective from January 1, 2025, following approvals from the NCLT and CCI.
White & Case Reinforces Middle East Operations with Key Partner Promotions
White & Case promotes four new partners in the Middle East, strengthening its M&A and project finance practices.












