Deal News
Whether The Remedy Of Execution And Contempt Can Run Parallel In Arbitration Proceedings'?"Decides Bombay High Court
This is In the matter of Deepak Jain v/s Sanjay Panchal at Bombay High Court The present dispute is regarding if the remedy of execution and contempt can run parallely in Arbitration proceedings. It arises out of an arbitration dated 31st July, 2017 in the ongoing arbitration proceedings between both parties. The contemnors were Respondents in the Arbitration proceedings wherein they were directed to deposit a bank guarantee Rs.50,00,000 (Rupees Fifty Lakhs) in favour of the ...
Kaithuami And Ors. V. Ralliani And Ors.
On 26th April 2022, the Supreme Court of India pronounced in favour of the Appellants in Kaithuami [L]. v. Ralliani & Ors. (2022) represented by Dua Associates for the past five years.A. Summary – Factual Background and Rounds of Litigation P.S. Dahrawka died in 1978 survived by wife Kaithuami along with one son and seven daughters. All the daughters were married and so Kaithuami had been living separately, except for one daughter who got divorced in 1997 and came back to her home...
Office Of Karan S. Thukral Enters Into A Tripartite Agreement With Mr. Harry Kang Immigration Offices, Ontario Province, Canada
The Law Office of Mr. Karan S. Thukral recently entered into an agreement of co-operation with Mr. Harry Kang, running a chain of top-notch immigration offices in the heartland province- Ontario, as their foreign counterpart/ principal expert consultant for matters pertaining to immigration and citizenship. For the past many years, Mr. Kang and his team of associates have been successfully representing clients and assisting them through their Visa applications for Canada. Their...
TMT Law Practice Boosts Attorney Designations - Promotes Upto Associate Partner Level
TMT Law Practice promoted Anushree Yewale to an Associate Partner. She joined the Firm in June 2019 as a Sr. Associate and played a stellar role in the growth of the Firm and its reputation, especially in the Media & Entertainment space in Mumbai. There have been quite a few other movements across the Firm. Shilpa Gamnani has been promoted to the position of Principal Associate. She has been an integral team member and a pillar in the litigation practice for over three years....
Delhi High Court Calls For Personal Appearance Of Contemnors For Failure To Make Deposits In Compliance Of Court's Directions
In a Petition filed under Section 2(b) and Section 12 of the Contempt of Courts Act, 1971 along with Article 215 of the Constitution of India, the Hon'ble Delhi High Court while issuing Notice in the matter has directed personal presence of the Contemnors i.e. Mr. Sushil Ansal- Chairman, Pranav Ansal-Vice-Chairman, Mr. Anoop Sethi- CEO and Mr. Prashant Kumar- CFO of Ansal Properties & Infrastructure Ltd (APIL) for non-compliance of an Order dated 05.01.2022 whereby directions were...
Stratage Law Partners Adds Ameya Deosthale As A Partner In Dispute Resolution Team
Stratage Law Partners is delighted to announce that, Ameya Deosthale has joined as an Associate Partner. He has over 11 years of experience and his practice is focused on pre-litigation strategy, civil, commercial and criminal litigation and arbitration. With his addition to the team, Stratage has strengthened its dispute resolution practice.Stratage is a specialised, solution-oriented, and value-driven law firm with a focus on Mergers & Acquisitions, Private Equity & Venture Capital,...
Argus Partners Has Advised Kotak Pre-IPO Fund In Connection With Its Investment In Swiggy
Argus Partners advised Kotak Pre-IPO Opportunities Fund in connection with its investment of approximately Rs. 185 crores in Swiggy (Bundl Technologies Private Limited),one of India's leading online food ordering and delivery platform.Swiggy is among the fastest growing unicorns in the Indian start-up space. Swiggy's fund-raise is significant for the Indian economy as it echoes strong investor commitment in the Indian private equity market and Indian start-ups.The Argus Team consisted of Vinod...
Argus Partners Advises HDFC Limited In Their 10% Stake Sell In HDFC Capital Advisors To Abu Dhabi Investment Authority (ADIA)
Argus Partners has advised HDFC Limited in inking the landmark deal wherein HDFC Limited has entered into an agreement to sell 10% of the fully diluted paid-up share capital of its wholly owned subsidiary, HDFC Capital Advisors, to an affiliate of the Abu Dhabi Investment Authority (ADIA) for around Rs. 184 Crores.This deal marks the first instance where a sovereign wealth fund has acquired a stake in an Indian General Partner (GP). (Source: Indian Venture and Alternate Capital...
EXCHANGE22 - India's 1st Sports Stock Exchange Wins Over Myfab11 In A Copyright Infringement Tussle
New Delhi, India Recently, the Delhi High Court granted an ex parte ad interim injunction in favour of EXCHANGE 22, India's 1st Sports Stock Exchange, a fantasy gaming app brand registered with Hulm Entertainment Pvt. Ltd. The copyright infringement suit was filed against MyFab11, another gaming app, launched an identical gaming platform. EXCHANGE 22 was represented by Mr. Sandeep Sethi, Senior Advocate, assisted by Sudeep Chatterjee, Partner, Singh & Singh Law Firm LLP along...
Argus Partners Advises Polygenta Technologies Limited On The Investments In It By DEG And IFU
Argus Partners has advised Polygenta Technologies Limited (a leading PET recycling company engaged in sustainable circular economy) ("Polygenta"), on Indian law aspects on the external commercial borrowing raised from DEG - German Investment and Development Company mbH and Danish development financier IFU.Polygenta produces PET chips and sustainable filament yarns for the textile industry from used disposable PET bottles. Customers include several well-known international fashion and sportswear...
Argus Partners Advises Tata Steel Limited In Their Bid To Acquire Rohit Ferro-Tech Limited Through Its Wholly-Owned Subsidiary, Tata Steel Mining Limited
Argus Partners has advised Tata Steel Limited in their bid to acquire Rohit Ferro-Tech Limited through its wholly-owned subsidiary, Tata Steel Mining Limited ("TSML"), under the aegis of the Insolvency and Bankruptcy Code, 2016. The National Company Law Tribunal, Kolkata has on April 7, 2022, approved the resolution plan of TSML.Commenting on the development, T.V. Narendran, Managing Director & CEO of Tata Steel Group, told The Telegraph: "It (the acquisition) helps us consolidate our...
Whether An Amendment Application To Include A Relief Which Is Otherwise Time-Barred Can Be Allowed? SC To Consider
Whether an amendment application to include a relief which is otherwise time-barred can be allowed? The Supreme Court to consider The Supreme Court on Friday issued notice in a Petition where the central issue involved was whether a Plaintiff can file an amendment application to include a relief which would otherwise be barred under the Limitation Act 1963. Alternatively, the Petition also raised the issue of whether an amendment application seeking the inclusion of new reliefs, would...