Verus Advocates
One of the fundamentals of a good law is that it must lead to adequate compliance by the target citizenry that it seeks to govern. The prerequisite for such compliance includes, but is not limited to, the temporal relevance that it holds in the society. Unless the discourse of law adjusts itself organically to the ever increasing and changing needs of the society, it would be relegated as an anachronism. This holds much more relevance in a dynamic information technology driven society that we are a part of today.
Verus Advocates partner Siddharth Bhavnani has joined start-up Grofers as its first general counsel (GC).
Verus advised refrigerated container-operator ColdEX on its fundraising from Asia Climate Partners which was advised by AZB & Partners.
Verus won an order lifting the city-wide Mumbai ban on the sale of meat that was imposed by the government in solidarity with the Jain fasting period.
Verus Advocates has promoted disputes partner Charles De Souza to its partnership, as one of its senior partners Jay Parikh has left the firm.
Verus Advocates Mumbai partner Jay Parikh, assisted by associates Aastha Khurana, Rashna Jehani and Priyanka Devgan, acted for Hyderabad-based Sagar Cements which sold 47 per cent of its Vicat Sagar Cement to an affiliate of its French joint-venture partner Vicat Group for Rs 435 crore. MNK Law Delhi partner Probal Bhaduri and associate Kamalika Bhattacharjee acted for Vicat.
Verus Advocates partner Jay Parikh explains why the Reserve Bank of India recently announced it won’t dictate valuation of shares for foreign investors anymore.
The Competition Commission of India (CCI) has appointed its first formal panel of external legal advisers and six firms, with start-up law firms Advaya Legal making the cut in Mumbai, Canpisce & Co and Verus Advocates in Delhi, and Fox Mandal & Co winning the mandate to advise in the High Court of Calcutta.
Verus advised India-based leading global wind-power company and longstanding client Suzlon Energy (Suzlon) in the Rs 160 crore ($40m) sale of its 58 MW wind-farm Suzlon Engitech to an undisclosed purchaser, which was advised by Desai & Diwanji.
Exclusive: Barely one-year-old start-up Verus Advocates will convert to equity partnership tomorrow with Bharucha & Partners corporate senior associates Dipankar Bandyopadhyay and Jay Parikh joining in Mumbai, while litigators Rishad Chowdhury and Sourav Bhagat will join in Delhi and Kolkata respectively.
Exclusive: The Andhra Pradesh writ petition filed by the brother of late South Indian actress Silk Smitha against the movie loosely inspired by her life, The Dirty Picture, has been dismissed in favour of the movie’s producer Balaji Motion Pictures, represented by Naik Naik & Co, and the Censor Board, represented by Verus Advocates recently joined Hyderabad partner.