"State Bank of India (SBI) has kick-started the formal process of merging associate banks and Bharatiya Mahila Bank, which would create a banking entity with total assets worth about Rs 29 lakh crore. The bank has appointed merchant bankers, valuation consultants and law firms to complete the process,” reported The Economic Times.

Manan Kumar MishraBar Council of India (BCI) chairman Manan Kumar Mishra was interviewed by The Hindu a few days ago about the Bar Council of India (BCI) decision to suspend 126 lawyers from Tamil Nadu for allegedly protesting against controversial disciplinary rules passed by the Madras high court.

The Supreme Court said today defamation laws cannot be used by the government to stifle criticism.

The Supreme Court on Wednesday faulted the magistrate for seeking a police report on a complaint of criminal defamation against Congress Vice President Rahul Gandhi, who had blamed the RSS for the assassination of Mahatma Gandhi.

Rajinder Singh Rana, Dhanapal Raj, Milan Kumar Dey

In May 2010, then-prime minister Manmohan Singh made a few headlines by saying what nearly every lawyer and educator in the country knew to be true: he called Indian legal education a “sea of institutionalised mediocrity”, dotted with a few “islands of excellence”.

What could have been a complicated case before the Supreme Court, turned out to be a much simpler affair, with the bench comprising of justices JS Khehar and Arun Mishra reading out the report submitted by the Medical Board of seven doctors who examined the rape survivor, who is in her 24th week of pregnancy.

The Supreme Court has today issued guidelines to the Delhi high court on how to conduct future Delhi Judicial Services (DJS) exams, following a rejoinder petition by the Centre for Public Interest Litigation (CPIL) represented by Prashant Bhushan and co-petitioner and DJS candidate Sonal Gupta, represented by Sanjay Hegde, who both appeared pro bono in the case.

K Law Delhi partner Gautham Srinivas will join Khaitan & Co in Delhi as a capital markets partner.

"Flipkart Ltd has acquired Jabong through its unit Myntra in a cut-price deal that values the online fashion store at $70 million, moving to preserve its position as India’s No.1 e-commerce marketplace in the face of an onslaught by Amazon India,” reported Mint.

Shardul Amarchand Mangaldas (SAM) technology, media and telecommunications (TMT) partner Asim Abbas, who had joined the firm a year ago, will join Cyril Amarchand Mangaldas (CAM).

Two scoops this week, one from law firm land, and one from our favourite regulator.

Cyril Amarchand Mangaldas has continued rebuilding its competition team, ahead of the impending departure of competition head Nisha Kaur Uberoi, with the hire of Khaitan & Co principal associate Anshuman Sakle as a partner.

Delhi Police has filed three separate chargesheets accusing three lawyers and suspended BJP legislator OP Sharma of the violence in the Patiala House Courts complex in February.

"The Supreme Court...has asked the Law Commission to go into all relevant aspects relating to regulation of legal profession in consultation with all concerned...the Commission has undertaken the study and requests the Bar Council of India and all State Bar Councils, Bar Association of the Supreme Court and Advocates on Records Association of Supreme Court, Advocates Associations’ in the High Courts and their respective benches to send their comments within 30 days,” the Law Commission has said in a statement.

The tiff between the media and the lawyers community in Kerala appears to have been resolved with the intervention of Chief Justice of India TS Thakur who held talks with representatives of the journalists in the national capital on Friday.

"With non performing assets-saddled banks trying to raise money from sale of non-core assets, global credit information company TransUnion has raised its stake in its Indian subsidiary Cibil to 77.1% by buying out ICICI Bank and Bank of Baroda’s holding in it.” reported Mint.

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