7 hours ago
UBS India executive director and country counsel Nischal Hindia, who joined the financial institution from Allen & Overy London in 2011, has left to head of Diageo India’s legal team, reported legal news website Bar & Bench.
Hindia graduated from NLSIU Bangalore in 2003 and had previously worked at Wadia Ghandy & Co in Mumbai and Freshfields Bruckhaus Deringer.
Sundara told Legally India earlier this year in an interview that her role at the global drinks giant since 2010 had included regulation, licensing and other matters.
However, 2012’s acquisition of Indian liquor company United Spirits was handled by Diageo’s global legal team.
Sundara was not reachable for comment at the time of going to press.
11 hours ago
Nalsar tops India Today: Nalsar Hyderabad displaced NLSIU Bangalore at first place in India’s top 25 law colleges this year according to India Today. NLSIU, Delhi University, NUJS Kolkata, NLIU Bhopal, GNLU Gandhinanar, Symbiosis Pune, NLU Jodhpur, ILS Pune, AMU Aligarh, BHU Varanai and Amity Law School Delhi follow Nalsar, in that order. [Rankings via India Today]
Sweeping marriages: As social media buzz continued about the Madras HC maintenance order on sex and marriages, former Madras HC judge K Chandru “warns against the tendency to make sweeping statements in family matters”, saying that the Justice CS Karnan’s judgment reported yesterday is likely to be “misunderstood” by subordinate courts, which might force people into relationships merely because they have had sexual intercourse. [Times of India] Karnan, in turn, today defended the judgment, saying it was misunderstood, and “not only for the purpose of giving relief to the victim woman, but also to maintain the cultural integrity of India” [Hindu]
Suicidal state of affairs: “Treating a person who is driven to take such a drastic step as a hard-core criminal violates basic human dignity in a way few other actions do,” argues psychiatrist Dr Ashoka Jahnavi Prasad about the law criminalising suicide attempts. He says that India should follow the example of 59 countries who have decriminalised attempted suicide. [Newslaundry]
Anti-PRISM PIL: Ex-Delhi University law prof, Professor SN Singh, files PIL to stop government using US internet companies’ services, and prays for government to take action against for breach of privacy, after US internet companies were revealed to have shared data of non-US citizens with US spies in leaked top secret documents [PTI]
13 hours ago
Dua Associates advised advertisement seller Amagi Media Labs in its second fundraising round of Rs 27.5 crore ($4.7m) from global venture capital (VC) fund Mayfield FVCI, which was advised by Economic Laws Practice (ELP).
Dua Associates Mumbai partner Vinod Joseph with senior associate Sugandha Kamal and associate Rajat Agarwal acted for Amagi which, according to Medianama, targets city-based advertisers wanting to broadcast ads on TV.
ELP Mumbai partner Yashojit Mitra acted for Mayfield, which has $2.7bn assets under management, according to VCCircle.
Amarchand Mangaldas Mumbai principal associate Satyam Sharat will join Ashurst’s Jakarta office as a foreign legal consultant in a month.
He specialises in banking, having joined Amarchand in 2006 from JurisCorp after graduating from NLIU Bhopal in 2005.
Ashurst India head Richard Gubbins said: “We were looking for a common-law trained associate to assist in dealing with our foreign clients in Indonesia. The fact that Satyam is an Indian national from an Indian law firm is a bonus since Indian investors are quite active in Indonesia.
“The work that our Jakarta Office has done for Indian clients includes work for Essar, [TVS Motor Company], airport developers [such as GVK] and mine investors. Satyam will be a great asset for us to attract additional work from India because he comes to us with excellent credentials.”
Manu Singhvi disclosures: Senior advocate Abhishek Manu Singhvi has dsiclosed an undeclared income of Rs 11 crore and deposited Rs 3.26 crore in tax on it, however the income tax department claims that his actual undisclosed income is Rs 22.86 crore taking his tax liability to Rs 7 crore, for the year 2010-11. IT department investigators suspect undisclosed income from other years as well [Express]
Sha(r)king it off: Chief Justice of India Altamas Kabir says lawyers should foster a more socially responsible image by doing more legal aid work, to avoid being depicted as sharks in cartoons on them [Firstpost]
Burying paid news: The Standing Committee on Information Technology submitted a report to the Lok Sabha on 6 May, on the practice of paid news, and recommended amendments to make the Press Council of India’s decisions binding and paid news an offence. Most media outlets buried the news. [WSJ Blogs]
Malaysia lawyer FIFO ban lifted: Malaysia has lifted its prohibition on foreign lawyers fly-in-fly-out. The Malaysian Bar Council agreed to amend the Legal Profession Amendment Act 2012 on 10 June to lift the ban. The amendment will be implemented by January 2014 [International Lawsociety]
Judge knows best: “The attempt to restore the predominant voice of the political class in judicial appointments and transfers will amount to subverting the basic structure of the Constitution and will be a recipe for disaster,” argues Supreme Court advocate Anil Divan in the Hindu.
HCs v RTI: The high court’s internal administrative decisions cannot be disclosed to an RTI applicant, reiterates the Madras high court [Hindu]
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Bombay, Karnataka and Andhra Pradesh high and subordinate courts will in real time upload their case pendency statistics and case progress reports online, with litigants slated to have access to some of the data via phone text messages. The deadline for these three states’ courts to implement the upgrade was June 2013, and for all the other HCs it is December 2013, according to a Times of India report citing sources.
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Latest deals and cases
Fri, 14 Jun '13, 15:14
J Sagar Associates (JSA) advised Bangalore-based milling machine maker Milltec Group in Mauritian fund Multiples’ buy-out of half its equity for Rs 250 crores ($43.3m). Multiples was advised by Khaitan & Co Bangalore.
JSA partners Sajai Singh and Gerald Manoharan, senior associate Prashant Kumar and associate Roy George acted for Milltec, also advising it on documentation for a Rs 35 crore loan from L&T Finance.
Khaitan & Co Bangalore partner Ganesh Prasad and principal associate Vineet Shingal and associate Sanjay Khan acted for Multiples.
Dua Associates Bangalore partner Srinivas BR acted for the selling shareholders.
Thu, 13 Jun '13, 20:02
TN NLS late: The Rs 100 crore campus Tamil Nadu National Law School in Trichy, which vowed to admit its first batch of students this year, has still not clearly stated its admission process [TOI]
Doctrine of frustration: A lawyer appointed as friend of the court in a litigation pending for nine years before the Nagpur bench of the Bombay high court, files an application to withdraw the litigation “out of sheer frustration” [TOI]
Compat deposit cemented: The Supreme Court yesterday rejected the plea of cement companies against the Competition Appellate Tribunal’s (Compat) order to deposit Rs 630 crore out of a Rs 6,307 crore penalty that was slapped on them for cartelisation [Telegraph]
Dragon saga ends: Investment bank Goldman Sachs was held professionally negligent by a US court after it sold its client Dragon System’s product - which invented the sophisticated speech recognition software Dragon NaturallySpeaking – to a fraudulent company, but gave no remedy to the husband and wife founders. Tragic 13-year tale. [Dealbreaker / Bloomberg]
Thu, 13 Jun '13, 17:37
The 21-year old NLSIU Bangalore student who was allegedly raped near the law school’s campus by eight men in October has discontinued her studies at NLSIU and returned to her native city, according to the New Indian Express.
Dr H Chandrashekar, the Bangalore Medical College’s head of department of psychiatry, was treating her. He told the paper that she had very severe trauma and post traumatic stress disorder and could also have been “under pressure from parents or peers to discontinue and go back”.
The paper also reported that Judge K B Sangannanavar at the Additional City Civil & Sessions Court has begun trying the six accused — Ramu, Doddairayya, Shivanna, Maddura, Yeleyayya and Irayya of Ramangaram and Mattaradodigudda on Wednesday, exactly six months after the incident. The trial of the juvenile also started at the Juvenile Justice Court on June 6.
Wed, 12 Jun '13, 19:32
Open-air Tihar: Five- to 12-year term inmates in India’s central jail – Tihar – are now eligible for being housed in the open jail, while female inmates will be trained to be employed in beauty parlours after their release [PTI]
Coal scam resignations: Competition Commission of India (CCI) member HC Gupta has resigned. Gupta is likely to face charges in the coal scam during which he was coal secretary. The Central Bureau of Investigation (CBI) has received sanction from the Ministry of Corporate Affairs (MCA) to probe him [ET]
Landing in CCI: After tyre, cement and petrol companies the CCI is now investigating airlines for cartelisation. Jet Airways, SpiceJet, Air India, GoAir and IndiGo have allegedly tried to levy uniform fuel surcharges on air cargo [Business Standard]
De-labouring committee: The apex committee on child labour in India has met only once since its launch today two years ago resulting in about 7 per cent efficiency in rescuing India’s 40,000 child labourers [TOI]
Wed, 12 Jun '13, 18:39
Amarchand Mangaldas is advising publishers of the Hindustan Times HT Media on its Rs 25 crore buyback of 2.05 per cent of its shares, which commenced on 3 June and will be open latest until 13 May 2014.
Amarchand Delhi partner Inder Mohan Singh, principal associate designate Kunal Mehra and senior associate Aayush Kapoor are acting for the media house.
They are advising HT Media on various transaction related issues from time to time and have drafted the public announcement, various notifications with the stock exchanges and the regulator, and documentation, according to a statement from the firm.
Kotak Mahindra Capital Company is the manager to the buyback. Amarchand had acted on the media company’s initial public offering (IPO) in 2005.
Wed, 12 Jun '13, 11:59
Tue, 11 Jun '13, 17:28
Khaitan & Co advised Morgan Stanley in managing Standard & Poor’s-owner McGraw Hill Financial’s $335m (Rs 1,957 crore) open offer for 22.23 per cent of shares in India-headquartered credit rating agency Crisil. McGraw Hill was advised by Singhania & Partners.
Khaitan & Co partner Arindam Ghosh and executive director Sudhir Bassi acted for Morgan Stanley.
Singhania & Partners partner Manish Kumar Sharma acted for McGraw Hill.
With this offer McGraw Hill raised its holding in Crisil from 52.8 per cent to 75 per cent, valuing Crisil at around Rs 8,600 crore, according to the Business Standard.
Tue, 11 Jun '13, 17:27
Publicity interest litigation? SC judges GS Misra and Madan Lokur told Ranbaxy PIL petitioner advocate ML Sharma, who had prayed for cancellation of its licence for allegedly selling spurious drugs, this his allegations were “unfounded”. The judges told Sharma: “Do some serious research on it and only then, we will see it. You are taking a very serious issue and we should not entertain it just because of its publicity value.” [PTI]
NLS rape trial: Trial in the October 2012 rape of an NLSIU Bangalore student is starting tomorrow (12 June), reports the New Indian Express, thoughtfully reminding readers that it was a “sensational gang rape case” with “eerie parallels to the Delhi gang-rape case”.
Striking lawyers: The Tamil Nadu Advocates Association today boycotted proceedings in the Madras HC to press its demand for the dismissal of the state police chief after he refused to register their complaint against the Kanyakumari district police for attacking lawyers. [PTI]
Creative lobby lawyers? Visiting Harvard Law School researcher Bhargavi Zaveri analyses the Disclosure of Lobbying Activities Bill, which seeks to regulate political lobbying in India where lobbyists often “creatively couch themselves as political aides, public relations officers and advocates for policy change”. Also, he asks, would the Bar Council of India permit lawyers to engage in lobbying practice? [EPW]
Advocates sexiest (too)? The UK’s GQ magazine has ranked criminal barristers (but not solicitors) as having the seventh-sexiest job in the world. “These are proper lawyers,” writes celeb journo and Guardian columnist Victoria Coren, who ‘compiled’ the rankings for the July edition of the magazine. “They wear wigs and gowns, which is pleasingly kinky. And they're constantly resentful that they don't make enough money. All women know that a combination of adrenaline, resentment and strange costumes can make for a truly enjoyable weekend.” [Legal Cheek]
Tue, 11 Jun '13, 12:32
The Bar Council of India’s (BCI) chairman Manan Kumar Mishra and vice chairman Zafar A Khan will prepare a report on the manner in which the BCI and the state bar councils could participate in the appointment process of Supreme Court judges and the chief justices of all high courts. The report is planned to be submitted to the central and state governments.
The BCI is acting on the Madhya Pradesh state bar council’s and high court’s letter written to it, highlighting the concerns of former assistant solicitor general of India Radhe Lal Gupta. Gupta had shot a letter in March to all SC judges and chief justices of all HCs, questioning why some name recommendations to the SC collegium for judicial appointments were not considered positively.
Taking this into account the BCI has resolved to lobby for representation of lawyers’ bodies in the appointment process and has decided to raise this issue at a conference of judges and lawyers expected to be held after the court vacations. [Express]
The collegium system of judicial appointments has been a recent bone of contention between the executive and judiciary.
Tue, 11 Jun '13, 11:35
Delhi high court now has an acting chief justice in the HC’s senior-most justice BD Ahmed after chief justice D Murugesan retired on 8 June.
An additional judge at the HC justice Mool Chand Garg is now a permanent judge of the court.
The Punjab & Haryana HC’s additional judges, justices Paramjeet Singh, Naresh Kumar Sanghi and Rameshwar Singh Malik were also made permanent in that HC [PTI]
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