India Unleashed: An end-to-end deep dive into Indian and overseas regulations essential for business and investors

6

This is how foreign firms could see themselves coming to India, if a very old joke were to become history

3

Has the Competition Commission of India (CCI) been an effective regulator?

2

Overview of the Funds Regimes in India

Doing Business in India – A Perspective from Japan

Israel: Startup Nation Open to India and the World

Cutting Through the Clutter: India Takes First Steps to Unleash More Effective Commercial Litigation

Time to be Bullish to Buy Brazilian Businesses?

2

Reading Between the Lines: How India’s Lawyers are the Key to Unleashing India

1

India Unleashed: A View from In-House

Cross Border Mergers and Acquisitions in Germany

15

2017 H1 M&A leagues: Vodea boosts 5 firms but SAM, AZB would have topped anyway, chased by Trilegal, CAM, NDA • Khaitan, Luthra down lower

6

This is how foreign firms could see themselves coming to India, if a very old joke were to become history

24

Shardul Amarchand corp Mumbai push: Delhi’s Raghubir Menon moves to Mumbai as post-Shuva M&A head, with partners Natashaa Shroff, Ekta Gupta

SC to teach lawyers to love new paperless system, after low AORs enthusiasm for ‘glitchy’ tech so far

2

Why did BCI hike bar exam fees by 40%? BCI stonewalls RTI, says reasons not covered by RTI

16

‘Freedom of choice’: NLSIU radically overhauls LLB course structure, following Nalsar, Oxford, Harvard, NUS into electives style

29

JGLS places 92 LLB Hons grads with firms, cos, advocates, research • CAM most enthusiastic

13

NLS alums association ‘alarmed’ over state reservation: Seeks to mobilise ‘ground swell of opposition’ in 'unequivocal' opposition

22

NLSIU students submit report card grading their profs: Majority of ad-hocs below par reviews, one outstanding

Experts & Views
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Supreme Court Latest
50 days ago: Application for empanelment as Translator for Translation from vernacular languages (other than Hindi) to English in Supreme Court. Last Dt.16.7.2017 [PDF] [link]
54 days ago: Notification dt. 26 5 2017 reg. Division Benches as Vacation Benches for 2nd and 3rd Part of Vacation. [PDF] [link]
56 days ago: Supply of Three Aces Ledger Paper Brand Azurelaid Paper [PDF] [link]
58 days ago: Information for nationalized banks inviting bid on 13.06.2017. [PDF] [link]
58 days ago: Order dated 19.05.2017 in Writ Petition (Civil) No.342 of 2017 Shantha Sinha and Anr. Vs. UOI and anr. [PDF] [link]
61 days ago: Civil Appeal No. 5040 of 2014 etc. Shivashakti Sugars Limited v. Shree Renuka Sugar Limited and Ors. [PDF] [link]
61 days ago: Dr. Bashab Bijoy Roy vs The State of Assam, SLP(C) 15502 OF 2017 [PDF] [link]
Latest judgments
09 May: State Bank Of India And Ors. Vs. Kingfisher Airlines Ltd. And Ors. [pdf] [text] Bench: Adarsh Kumar Goel, Uday Umesh Lalit
09 May: Consortium Of Titagarh Firema Adler S.p.a.- Titagarh Wagons Ltd, Through Authori Vs. Nagpur Metro Rail Corporation Ltd And Anr [pdf] [text] Bench: Dipak Misra, Amitava Roy
09 May: Kameng Dolo Vs. Atum Welly [pdf] [text] Bench: Dipak Misra, A.m. Khanwilkar
09 May: Pawan Kumar Gupta Vs. B.r. Gupta [pdf] [text] Bench: J. Chelameswar, S. Abdul Nazeer
08 May: State Of Jharkhand Thr.s.p.,cbi,ranchi Vs. Sajal Chakraborty [pdf] [text] Bench: Arun Mishra, Amitava Roy
08 May: Shivala Bhikhamsar Vs. Bablir Kumar Jatti And Ors. [pdf] [text] Bench: Arun Mishra, Amitava Roy
08 May: Godrej & Boyce Manufacturing Co.ltd. Vs. Dy.commr.of I.t.mumbai & Anr [pdf] [text] Bench: Ranjan Gogoi, Ashok Bhushan
08 May: Gaurav Kumar Bansal Vs. Union Of India And Ors. [pdf] [text] Bench: Madan B. Lokur, Deepak Gupta
05 May: Re:exploi.of Chiln.inj Orph.in St.of T.n Vs. Union Of India & Ors. [pdf] [text] Bench: Madan B. Lokur, Deepak Gupta
05 May: Milap Choraria Vs. Sanjay Kumar Jhunjhunwala & Ors. [pdf] [text] Bench: Kurian Joseph, R. Banumathi
05 May: Bhartiben Ravibhai Rav Vs. Ravibhai Govindbhai Rav [pdf] [text] Bench: Kurian Joseph, R. Banumathi
05 May: Kumaran Vs. State Of Kerala And Anr [pdf] [text] Bench: Rohinton Fali Nariman, Navin Sinha
05 May: Mukesh & Anr Vs. State For Nct Of Delhi & Ors [pdf] [text] Bench: Dipak Misra, R. Banumathi, Ashok Bhushan
04 May: Rajasthan Wakf Board Vs. Devki Nandan Pathak & Ors. [pdf] [text] Bench: R.k. Agrawal, Abhay Manohar Sapre
04 May: Bibi Parwana Khatoon @ Parwana Khatoon And Anr. Vs. State Of Bihar [pdf] [text] Bench: N.v. Ramana, Prafulla C. Pant
04 May: State Of Haryana And Ors. Vs. Ram Parsad And Anr. [pdf] [text] Bench: N.v. Ramana, Prafulla C. Pant
04 May: Govt. Of Nct Of Delhi Vs. Manav Dharam Trust & Anr. [pdf] [text] Bench: Kurian Joseph, R. Banumathi
04 May: Jage Ram (d) Thr. Lrs. Vs. Union Of India & Anr. [pdf] [text] Bench: Dipak Misra, A.m. Khanwilkar, Mohan M. Shantanagoudar
04 May: Delhi Development Authority Vs. Simla Devi And Ors [pdf] [text] Bench: Kurian Joseph, R. Banumathi
04 May: Delhi Development Authority Vs. Shashi Kant Goenka And Ors [pdf] [text] Bench: Kurian Joseph, R. Banumathi
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Firms & corporate

Litigation

School & students

In-house counsel  Hot off the press

After break up with Snapdeal, GC Ashish Chandra joins tinder-like oFish

Former Snapdeal general counsel Ashish Chandra joined "social connection" app oFish as its general counsel, less than a month after Snapdeal and Flipkart signed a non-binding letter of intent for a proposed merger.

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Capital Markets  3 hours ago

AZB, CAM, Khaitan, Squire, Milbank on $1bn SBI Life Insurance IPO

"SBI Life Insurance Co. Ltd on Monday filed the draft red herring prospectus for its initial public offering (IPO), joining several other insurance companies headed for the stock market. In an offer for sale, SBI and BNP Paribas will sell 80 million and 40 million shares respectively, amounting to a combined 12% stake. SBI Life is not raising any primary capital. The IPO could see SBI Life raise more than $1 billion (about Rs6,500 crore), a Bloomberg story quoted bankers as saying," reported Mint.

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Singapore  5 hours ago

The Singapore-India Joint Venture: Truly Symbiotic

Singapore has proved to be the destination of choice for many Indian corporates doing business overseas, though historically other markets such as London and New York have also had close ties with India. With its highly developed and successful free market economy, low taxation, proximity to the Indian subcontinent, numerous direct flights and sizable Indian population, Singapore’s trade ties with India have flourished.

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Law schools  6 hours ago

NLIU Bhopal investigates ‘challenging’ anonymous online ragging complaint

NLIU Bhopal is currently investigating complaints of ragging that were registered with the University Grants Commission (UGC), purportedly by first year LLB students of the law school against their seniors, as first reported by the Express.

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Law schools  3 days ago

NUJS finally constitutes 16-years-overdue review commission, 9 months after resolving to

NUJS Kolkata has finally constituted its 16-years-overdue review commission, nine months after former Chief Justice of India (CJI) TS Thakur signed a resolution to institute a judicial review of the law school.

Read More

Private equity / VC  3 days ago

AZB, NDA, Ropes, Simpson Thacher on $200m KKR PE in Radiant

"KKR, one of the largest PE investors in the world, signed a definitive agreement on Monday to invest $200 million for a 49% stake in Radiant Life Care," reported the Economic Times.

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Law firms  3 days ago

BMR Legal on the verge of folding as only other partner Vishal Kalra set to resign, leaving behind founder Mukesh Butani

BMR Legal partner Vishal Kalra is set to leave the firm with his team of around 10 lawyers, once again leaving behind founding partner Mukesh Butani as the only partner in the firm.

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Competition Law  4 days ago

Trilegal wins for Ola in Bangalore abuse of dominance case • LKS, Zerick, Som for others • CCI looks into platforms

Trilegal has represented Ola Cabs owners ANI Technologies before the Competition Commission of India (CCI) against a complaint alleging abuse of a dominant position in Bangalore made by Meru cabs and Fast Track Call Cabs.

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Private equity / VC  4 days ago

Samvad, Wadia on $4m IDG, Jungle funding in Vayana

"Trade financing company Vayana Network, which recently split from parent company Vayana (VPL), has raised $4 Million (about Rs 26 crore) from venture capital firms IDG Ventures India and Jungle Ventures," reported Indian CEO.

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This is how foreign firms could see themselves coming to India, if a very old joke were to become history

One of the oldest jokes told by foreign law firm lawyers who often visit India begins with a question about when they think the market will liberalise. “Two years,” the answer will be. “It’s always been two years.”

Read More

Arbitration  5 days ago

The Emerging Landscape of Arbitration in India: 2017 and Beyond…

Over the past couple of years, India has registered rapid economic growth, with the GDP growing 7.6% in the last fiscal year. The country’s economic profile has also witnessed a dramatic shift over a long period from rural –based agricultural production to urban economic activities, and from low-value manufacturing to high-value services. Indeed, the economy is on track to maintain its current growth rate for the rest of this year too. Though economic activity is buoyant, the country still has a long way to go. The Modi government must capitalize on the current economic momentum and use it to accelerate its reform agenda.

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Switzerland  5 days ago

Public M&A in Switzerland

Cross-border transactions make up the majority of Swiss M&A transactions. Besides the above mentioned mega deals, recent cross-border transactions included Lonza’s USD 5.5 billion acquisition of US-based Capsugel, the acquisition of a 20% stake in Russia-based Rosneft by a consortium led by Glencore and the Qatar Investment Authority for USD 11 billion as well as the takeover by HNA Group of gategroup (USD 2 billion) and private equity fund EQT Partners’ takeover of travel company Kuoni (USD 1.4 billion).

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Gov tells SC: Closing liberalisation issue at ‘earliest possible’ of 'utmost importance'

The government has moved for an early hearing in the Bar Council of India (BCI) AK Balaji appeal in the Supreme Court, reported Bar & Bench.

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Competition Law  18 July 2017

Has the Competition Commission of India (CCI) been an effective regulator?

The CCI has established itself as an efficient and effective regulator.

Read More

India Unleashed: A View from In-House

I would like to congratulate Legally India for having established itself as a progressive, galvanizing force for the Indian legal fraternity, against many odds. This publication represents an incremental step in Legally India’s journey and a timely reminder of India’s economic potential. These days, I am more confident (but not complacent) that India will not simply fritter away its demographic dividend as the narrative shifts from that of a tiger caged to a tiger on the tail of a dragon.

Read More

No Interim Relief in Petition Seeking Stay on Mandatory Aadhaar – For Now
by CCG NLU Delhi

The fresh petition challenging the constitutionality of the Aadhaar Act (Shantha Sinha v. Union of India) came up for hearing before the Supreme Court today. While this... Read more

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