News
Law firms
NLSIU Bangalore 2002 graduate Bhavin Patel has joined as an of counsel in Mumbai the law firm Aureus Law Partners, which was started in 2013 by former HSA Advocates partner Abhishek Dutta (paywall link) and senior associate Rashmi Chaudhury, reported Bar & Bench.
Bar, Bench & Litigation
So, after some time out, ex-Supreme Court judge Justice Markandey Katju (Retd.) is in the news again, seemingly putting a spanner in a variety of works.
Corporate M&A
"Credit rating firm ICRA Ltd said on Friday it has struck a deal to sell its software development arm, ICRA Techno Analytics Ltd, to IT firm Nihilent Technologies Ltd for Rs 68.75 crore ($10.3 million),” reported VCCircle.
Corporate M&A
AZB & Partners recent lateral partner Nisha Kaur Uberoi has on 8 August obtained phase 1 merger clearance from the Competition Commission of India (CCI) for Ultratech Cement’s Rs 16,189 crore ($2.4bn) acquisition of the cement assets of the Jaypee Group.
Corporate M&A
CX Partners (a PE firm focused on the Indian mid-market) and Capital Square Partners sold for $420m its stake in Minacs to Concentrix Global Holdings Inc., a subsidiary of Synnex Corporation, as reported by the Economic Times as one of the largest in the business process outsourcing (BPO) sector, and Concentrix’ second largest deal.
Bar, Bench & Litigation
So, finally, the Delhi high court ruled in favour of the Lt. Governor of Delhi, Najeeb Jung, and the Central Government, in their turf war with Delhi’s Chief Minister, Arvind Kejriwal.
Law firms
Cyril Amarchand Mangaldas (CAM) general corporate partner designate Prerak Ved will join AZB & Partners as a counsel in Mumbai, we have confirmed from authoritative sources.
SCOI Reports
On 26 November, 2005, the Gujarat police killed Sohrabuddin Sheikh, while he was in police custody. The police claimed he was involved in alleged criminal extortion racket, arms smuggling, and murder cases. Thereafter, Sheikh’s wife, Kauser Bi disappeared. A year later, Sheikh’s associate, Tulsiram Prajapati, a witness to Sheikh’s killing, was killed in another encounter with the state police.
Law firms
Cyril Amarchand Mangaldas (CAM) Mumbai competition partner Nisha Kaur Uberoi, who resigned on 22 May 2016, has joined AZB & Partners today after a notice period of over 9 weeks, confirmed AZB Mumbai managing partner Zia Mody when contacted.
Law firms
K Law has hired as Delhi partners Abhishek Shinde and Atish Kumar Vatts, the two co-founding partners of Citius Law Partners, who did not join HSA Advocates in Bangalore with fellow co-founder Sharath Chandrasekhar in June.
Bar, Bench & Litigation
The Board of Control for Cricket in India (BCCI) on Tuesday appointed former Supreme Court judge Markandey Katju as the head of a legal panel to guide the board in understanding the recommendations of the Justice RM Lodha Committee which have been approved by the apex court.
Bar, Bench & Litigation
When file-sharing website Kickass Torrents (KAT) went offline after its alleged owner, Artem Vaulin, was arrested in Poland a week ago, India's people were the most heavily affected by the news.
Trilegal opens office in Gurugram, moves 20 lawyers there (but not for lifestyle reasons) [UPDATE-1]
Law firms
Trilegal has opened an office in Gurgaon, and is relocating corporate practice partners Ravindra Bandhakavi, Harsh Pais, Yogesh Singh and Vaibhav Kothari there from its Delhi office.
Law schools
NLSIU Bangalore’s flagship post-graduate distance education course is the Master of Business Laws (MBL), in which 964 students enrolled last year.
Private equity / VC
"P C Jeweller will raise up to Rs 257 crore through issue of preferential shares to US-based investment firm Fidelity for business expansion,” reported the Economic Times.
Law schools
The Calcutta high court on 26 July dismissed the second appeal of NUJS Kolkata registrar Surajit Mukhopadhyay against his suspension from the post by the vice-chancellor (VC), clearing the way for his dismissal by the university.