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Legal Era News Network

From Legal Era News Network
India's Back Tax Demand From Volkswagen A Red Flag For Foreign Investors
The move came after 12 years of scrutiny
Delhi High Court Calls AI A "Dangerous Tool," Seeks Government's Response On PIL Against DeepSeek
The Delhi High Court on Wednesday observed that Artificial Intelligence (AI) is a dangerous tool, regardless of who possesses
Cyril Amarchand Mangaldas Advised Hampiðjan hf. On Acquisition Of 75.1% Stake In Kohinoor Ropes From Baheti Family
Cyril Amarchand Mangaldas advised Hampiðjan hf.—a Nasdaq-listed company—on its acquisition of a 75.1% stake in Kohinoor Ropes, one of India's largest net and rope manufacturers. The strategic deal, valued at approximately €21.9 million with an additional €4.14 million earn-out contingent on EBITDA performance, expands Hampiðjan’s global value chain and market reach.
Supreme Court: Offence Under Section 276CC Of IT Act Committed Before Show-Cause Notice Is Compoundable As ‘First Offence’
In a significant ruling, the Supreme Court has set aside the Gujarat High Court’s decision, which upheld the Chief Commissioner
Clyde & Co Strengthens Saudi Presence With Three New Partners
Clyde & Co further expands dispute resolution and projects & construction offering in Saudi Arabia with three additional
Stephenson Harwood Advised Kexim On Sukuk Issuance
International law firm Stephenson Harwood has advised on the first Shari'ah-compliant sukuk issuance in the context of a
Thomson Reuters Wins AI Copyright 'Fair Use' Ruling Against Ross Intelligence
The decision marks the first in related litigations
RBI Approves ARC’s Listing Plans To Access Funds
The RBI has approved listing plans for asset reconstruction companies (ARCs), enabling them to raise equity capital and enhance liquidity and net worth. This move allows ARCs to broaden their investor base while adhering to regulatory conditions regarding shareholding changes.
Les Echos-Le Parisien Desists Lawsuit Against Elon Musk’s X
In 2024, certain publications approached the court requesting compensation for the unpaid-for content on the social media
National Peroxide Settles SEBI Case Over Disclosure Lapses For ₹9.4 Lakhs
Wadia Group’s National Peroxide Ltd has settled a case with the Securities and Exchange Board of India (SEBI) concerning
Aakash Institute, Blackstone, Manipal Group Oppose Glas Trust's Intrusion In Minority Shareholders’ Rights
Claim that the changes could impact the company’s insolvency process
NCLAT Rules: Section 7 Must Be Decided First If Section 54C Application Is Filed After 14 Days
The NCLAT New Delhi bench, comprising Justice Ashok Bhushan (Judicial Member) and Mr. Barun Mitra (Technical Member),












