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.

"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.

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.

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.

"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.

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.

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.

"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.

BMR Legal's best friend consultancy BMR Advisors will lose its corporate tax practice to Deloitte, and its M&A practice most likely to KPMG, reported Business Standard.

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.

Power company CLP India promoted deputy general counsel Sudipta Ghosh to succeed its former general counsel (GC) Nabeel Saleem as GC.

Legal services are not exempt from payment of Goods and Services Tax (GST) applicable on them, under the GST's reverse charge mechanism, the government clarified on Saturday, 15 July.

After national M&A head Shuva Mandal is set to join Tata Sons as group general counsel (GC) tomorrow (15 July), Shardul Amarchand Mangaldas has appointed partner Raghubir Menon into the regional M&A head role.

Bar council rules directing lawyers to explain the quantum and manner of charging fee for a particular case, would safeguard the interest of poor litigants from remote hilly areas, ruled the Uttarakhand high court, the Times of India reported.

Service tax law firm JK Mittal & Co's founder JK Mittal won an order in the Delhi high court exempting lawyers from government action in case of non-observance of the Integrated Goods and Services Tax Act 2017, reported News18.

“In a major setback to the US- based fast food chain McDonald's in India, the National Company Law Tribunal (NCLT) today restored its estranged partner Vikram Bakshi as the Managing Director of Connaught Plaza Restaurant Ltd. The tribunal has said the meeting of Connaught Plaza Restaurants Ltd (CPRL) of August 6, 2013 in which Bakshi was removed as MD of the company was illegal, unjust and malafide,” reported the PTI.

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