Deal News
Control Of Peerless Group To Remain With SK Roy Family - NCLAT Stays NCLT Kolkata Bench Order
In a significant development in the Peerless – Parasmal Lodha dispute, the Hon'ble National Company Law Appellate Tribunal has today passed an order staying the operation of NCLT, Kolkata's order dated 18th July, 2022 which had inter alia directed cancellation of 30,000 shares allotted by Peerless General Finance and Investment Company in 1987. The NCLT, Kolkata Bench's order had effectively changed the state of affairs that was existing for the last 30 years and would operate to take away...
Kiran Jain, Founder Partner At Regius Legal LLP, Mumbai Represents Kiran Kumar In Successfully Whistle Blowing Against Dilip Chhabria And Dilip Chhabria Designs Pvt. Ltd.
Mr. Dilip Chhabria is a well-known name in luxury modified vehicles industry and his trademark 'DC design' which has been much sought after with several celebrities as his clients. From designing cars and SUV's to modifying them through his company started in 1993. Mr. Dilip Chhabria had made the car named "DC Avanti" which was showcased at multiple car shows and was said to be first sports car from India. Mr. Kiran kumar as a whistle blower filed several complaints to all authorities...
Argus Partners Advises Attentive.Ai On USD 5 Million Capital Raise From Sequoia's Surge Fund And Infoedge Ventures.
Argus Partners has acted as the legal counsel for Attentive.ai, an artificial intelligence-based SaaS (software as a service) startup, on raising USD 5 million from Sequoia's Surge fund and InfoEdge Ventures.The fund will be used by Attentive.ai to build the platform and add more modules to automate the remaining landscaping workflows. Further, the funds will also be utilized to hire and retain talent across product, technology, and sales and expand the operations of Attentive.ai across the...
SNG & Partners Announces Promotions At Partnership Level
SNG & Partners is pleased to announce the elevation of Sanjay Gupta to Managing Partner – Dispute Resolution Practice and Amit Aggarwal to Senior Partner at the Firm, after its recent collaboration with R&P Partners across nine cities including Singapore. SNG & Partners, with its Partner count of 19, and R&P Partners with its Partner strength of 6, had earlier this year, collaborated through an exclusive joint venture after which the consolidated strength of the firms is...
Loco And FIFA Team Up To Bring The Exclusive Esports Experience To Fans Across India
Luthra and Luthra Law Offices India represented Stoughton Street Tech Labs Private Limited to acquire exclusive media rights agreement for FIFAe Pinnacle Events in India.Game streaming platform, Loco (Stoughton Street Tech Labs Private Limited), entered into an exclusive media rights agreement with FIFA, football's international governing body to bring the centrepiece of the FIFA esports experience – FIFAe World Cup 2022™, FIFAe Club World Cup 2022™, and FIFAe Nations Cup 2022™ to fans across...
NSE IFSC- SGX Connect
The NSE IFSC-SGX Connect was launched by the Hon'ble Prime Minister of India, Shri Narender Modi, at the Gujarat International Finance Tec-City, Gujarat ("GIFT City"), India's maiden International Financial Services Centre ("IFSC").With this launch, the NSE and Singapore Exchange (SGX) are set to bring SGX Nifty trading to the GIFT City, pursuant to which, all SGX Nifty futures contracts, which were till now traded in Singapore, will be traded at the NSE IFSC- SGX Connect.Luthra and Luthra Law...
The Great Come Back – Luthra And Luthra Law Offices India
Luthra & Luthra Law Offices started its journey over 3 decades ago, setting a benchmark for high quality modern legal services in a new and liberalised Indian economy. It soon came to be recognised as one of the largest top-tier law firms in the country, providing sound legal advice across industry sectors and won many accolades (both national and international).In the year 2018, the Firm was rechristened L&L Partners, however, amongst its clients, peers, legal fraternity and the media,...
Karan S. Thukral Collaborates With 'CAN & PARTNER' Law Office, Turkey
Can & Partner Law office is one of the leading firms in litigation and mediation sector, covering a major chunk in the state of Turkey. The Firm was founded in 1993 and is presently headed by Nevin Can, Advocate. The Firm is a proud owner of a multidisciplinary team of lawyers specializing in almost all areas of law; civil, criminal, commercial and mediation. As an internationally accredited mediation firm, 'Can & Partner' is now looking to offer mediation services to resolve...
Allahabad High Court Granted Bail To Accused In Rs. 529 Crores Tax Evasion Case
On 29.07.2022, Justice Siddharth of Allahabad HC granted bail to an accused who was in continued judicial custody for more than 150 days. DGGI alleged that the accused formed 75 fake firms and prepared fake documents/invoices evidencing financial transactions between various parties without actual movement of goods; and as a sequel thereof, input tax credit of Rs. 5,28,91,94,250/- (Rupees Five Hundred Twenty Eight Crores Ninety One Lakh Ninety Four Thousand Two Hundred Fifty only) has been...
Argus Partners Advises Fitterfly Healthtech On Raising $12 Million In Series A1 Funding Round
Argus Partners has acted as a legal counsel for Fitterfly Healthtech Private Limited ("Fitterfly") in its Series A1 round led by Amazon Smbhav and Fireside Ventures. Fitterfly raised USD 12 million in this round.The Argus team consisted of Ankit Guha (Partner), Utsav Gandhi (Senior Associate) and Ravi Thakur (Associate).
Delhi High Court Rejects Commercial Bank Of Kuwait's' Application For Deletion In A Suit On The Ground Of Lack Of Jurisdiction
The Delhi High Court has rejected an application under Order 1 Rule 10 filed by Commercial Bank of Kuwait, whereby the Bank of Kuwait was seeking deletion of its name from the array of parties in a Suit for recovery instituted by a Plaintiff Company based in New Delhi. The Plaintiff had entered into a transaction for the export of wholesale food items with a Kuwait-based Company. It was agreed between the Parties, as is common in international transactions, that the payment of goods...
Argus Partners Advises CRED On Raising $140 Million In Series F Funding Round
Argus Partners has acted as the legal counsel to fintech unicorn, CRED (Dreamplug Technologies Private Limited), on raising USD 140 million in its Series F funding round with a post money valuation of USD 6.4 billion. The Argus Team consisted of Abhinav Bhalaik (Partner), Mahika Parikh (Principal Associate), Riya Gupta and Megh Panchal (Associates).