Any new regulator, particularly in a field such as competition law, will need respect and a modicum of fear from those it regulates but likewise it needs to be accepted by industry. This should now be the case after the CCI proved it does not hate successful companies. But will its next decision be a long-awaited big bang?

Afghanistan too may have to ask itself similar questions soon. UK organisations have roped Indian law firm ELP in to help Kabul to build a competition law regime by Christmas. Some may ask, does reconstruction-stricken Afghanistan not have bigger fish to fry than competition law? One Indian competition lawyer disagreed and told Legally India that competition law is the basic building block of all capitalism. So there.

Or is the unfettered buying and selling epitomised by M&A the archetype of capitalism? Perhaps to cover both bases, ELP has also built up its private equity/M&A practice this week with a partner hire from ARA Law.

Corporate was a focus too at Luthra & Luthra, which promoted two partners in Delhi and a raft of associates.

And finally, Rajasthan is still in early stages but could be on its way to becoming a transactional law hub in future: one of the local Jaipur corporate law firms has expanded as some national firms are said to be doing due diligence for new offices there.

| Legally News Wire | |---| | - November Indian legal advisor M&A activity round-up - JSA buys Sweden’s Volvo full control of Volvo Buses India from Jaico - Amarchand bowls for BCCI as Crawford Bayley fields for Royals |

Blogs of the Week

- SC maintains something is still rotten in HC, rejects plea that this could confuse the ‘rustic’ - TN advocates to strike today against legal regulation reform - Advocates must represent the ‘vile, degenerate, repulsive’ too, says SC - NLU Cuttack says no to CLAT - Tamil Nadu BC chief expelled by Chennai HC after 18 months, prompted by Raja link - Police must upload all FIRs to web within 24 hours, says Delhi HC - Bangalore’s dilapidated lower courts need work done: Karnataka CJ

Odds, Ends & Blogs
- Titus, Luthra drub S&R, Dua to top their pools as Delhi T20 cricket finals near - Gossiping Wikileaks in aralyah’s blog - Cyberspace-A new front of war in Neeraj Aarora’s blog

*To get future newsletters straight to your inbox every Friday for free, please enter your name and email below.*

| || | The Competition Commission (CCI) is tip-toeing ahead rather carefully and prudently it appears. Rather than swinging its cartel-sundering axe too readily, the CCI’s first ever decision this week went in favour of the alleged cartel, clearing 16 banks from having fixed home loan-related penalty rates. Any new regulator, particularly in a field such as competition law, will need respect and a modicum of fear from those it regulates but likewise it needs to be accepted by industry. This should now be the case after the CCI proved it does not hate successful companies. But will its next decision be a long-awaited big bang? Afghanistan too may have to ask itself similar questions soon. UK organisations have roped Indian law firm ELP in to help Kabul to build a competition law regime by Christmas. Some may ask, does reconstruction-stricken Afghanistan not have bigger fish to fry than competition law? One Indian competition lawyer disagreed and told Legally India that competition law is the basic building block of all capitalism. So there. Or is the unfettered buying and selling epitomised by M&A the archetype of capitalism? Perhaps to cover both bases, ELP has also built up its private equity/M&A practice this week with a partner hire from ARA Law. Corporate was a focus too at Luthra & Luthra, which promoted two partners in Delhi and a raft of associates. And finally, Rajasthan is still in early stages but could be on its way to becoming a transactional law hub in future: one of the local Jaipur corporate law firms has expanded as some national firms are said to be doing due diligence for new offices there. | Legally News Wire | | - November Indian legal advisor M&A activity round-up - JSA buys Sweden’s Volvo full control of Volvo Buses India from Jaico - Amarchand bowls for BCCI as Crawford Bayley fields for Royals | | Blogs of the Week | |---| | - SC maintains something is still rotten in HC, rejects plea that this could confuse the ‘rustic’ - TN advocates to strike today against legal regulation reform - Advocates must represent the ‘vile, degenerate, repulsive’ too, says SC - NLU Cuttack says no to CLAT - Tamil Nadu BC chief expelled by Chennai HC after 18 months, prompted by Raja link - Police must upload all FIRs to web within 24 hours, says Delhi HC - Bangalore’s dilapidated lower courts need work done: Karnataka CJ | | Odds, Ends & Blogs | |---| | - Titus, Luthra drub S&R, Dua to top their pools as Delhi T20 cricket finals near - Gossiping Wikileaks in aralyah’s blog - Cyberspace-A new front of war in Neeraj Aarora’s blog | | Recommend to friend | Latest Jobs at | |---|---| |

1. ARA LAW 2. Desai & Diwanji 3. Majmudar & Co. 4. Naik Paranjpe & Company 5. PSA 6. M. Dhruva & Partners 7. A reputed corporate and tax law firm

| Streamline your recruitment process and hire top lawyers and interns with Legally India. Contact us at for more information