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03 February 2016
Private equity / VC

Vaish Associates advised luxury merchandise e-tailer Radiant Hues on the $2m (Rs 13.8 crore) sale of stake in it to the Anil-Ambani controlled Reliance Capital which was advised by Bharucha & Partners.

Vaish Delhi partner Satwinder Singh and senior associate Varnika Sharma acted for Radiant.

Bharucha Mumbai partner Justin Bharucha and associate Gunmeher Juneja acted for Reliance.

Reliance will end up with 14.07 per cent stake in Radiant, through investment in various tranches, by May 2017, reported VC Circle.

03 February 2016
SCOI Reports

In the ongoing hearing of the challenges to imposition of President’s rule Arunachal Pradesh, the SC constitution bench recalled its notice issued to the state Governor, Jyoti Prasad Rajkhowa, when the AG, Mukul Rohatgi, pointed out that the Governor enjoys immunity under the Constitution.

02 February 2016
Law firms

CMS has become the first international firm to open an office in Iran, two weeks after sanctions against the country were lifted by the US

02 February 2016
Bar, Bench & Litigation

165 candidates passed this year’s advocates-on-record (AoR) exam this year - a huge increase compared to the 65 candidates out of 544 who passed a year ago.

02 February 2016
SCOI Reports

It's happening?The Supreme Court has referred the section 377 curative petition to a Constitution Bench for further examination.

02 February 2016
SCOI Reports

Chief Justice of India (CJI) TS Thakur, and justices Anil R Dave and Jagdish Singh Khehar, will hear the section 377 curative petition today at 3pm in the Supreme Court.

01 February 2016
Law firms

NLSIU Bangalore 2000 graduate Richa Naujoks was promoted to partnership at Nixon Peabody in New York City, according to a press release from the firm.

01 February 2016
Law firms

Jones Day Singapore capital markets partner and India group head Manoj Bhargava and of counsel Ankit Kashyap have both resigned from the firm around a week ago.

30 January 2016
SCOI Reports

The social justice bench comprising justices Madan B Lokur and UU Lalit, set up by the previous chief justice of India, justice HL Dattu on 12 December 2014 has now officially ceased, and the cases which were part-heard before that bench, have been distributed to other benches.

29 January 2016
Law schools

Bare bones blockNLUO Cuttack and NLU Delhi’s “quality-status” reports submitted to the National Assessment and Accreditation Council (NAAC) are fundamentally similar, with two pages in NLUO’s 241-page report copied verbatim from two pages in NLU Delhi’s 282-page report.

28 January 2016
SCOI Reports

Today’s judgment in Sachchidanand Gupta “Sachchey” vs State of UP through Chief Secretary and Others showed that the chief justice of the Allahabad high court had also opposed Justice Sanjay Misra’s name, which was proposed by the chief minister.