Hariani & Co
Hariani & Co won this year’s Bombay Gymkhana club football championship against the Bombay Bar Association, to pick up the Chief Justice MC Chagla Cup.
The Maharashtra government will have to figure out its stance on the legality of casinos in the state, within six months, after the Bombay high court today ordered it to take a decision on the yet-not-notified Maharashtra Casinos (Control & Tax) Act 1976.
Hariani & Co solicitor Anirudh Hariani briefed senior counsel Mihir Desai and instructed advocate Gaurav Mehta on the petition of Jay Sayta seeking directions to take a conclusive step about the 38-year-old law.
A bench of justices VM Kanade and Shalini Phansalkar today disposed of Sayta’s petition which was filed in February, as reported by Legally India.
Sayta today told Legally India in an email that the bench directed the state government to take a reasoned decision on what it intends to do with the Act. He said that this decision is consistent with the Supreme Court’s year 1988 decision in Aeltemesh Rein V Union of India.
The court has also allowed Sayta to file a fresh petition if he is not satisfied with the Maharashtra government’s course of action on this order.
Hariani & Co’s Anirudh Hariani argues that The real estate sector needs one single regulator due to deal with the growing problems of delay in projects, lack of consumer knowledge, unclear land titles and unfair trade practices. Legislation for some of these issues falls under the State List.
Desai & Diwanji advised British media conglomerate Daily Mail & General Trust’s investment arm DMG Information on its Rs 19 crore ($3m) infusion in Mumbai-based commercial real company Propstack Services which was advised by Hariani & Co.
D&D partner Siddharth Mody, senior associate Ashraf Lala and associates Manav Shah and Santosh Vijay acted for DMG Information.
Hariani & Co senior associate Abhijeet Sonawane and associate Bhanudey Kanwar acted for Propstack and the existing investors.
The online real estate market has recieved significant investment recently from funds, for example, online property classifieds companies Housing.com and Commonfloor.com have collectively raised over $130m since September 2014, reported Mint.
Exclusive: Hariani & Co Mumbai partner Siddharth Kanakia, who was heading the firm’s real estate practice for the last five years, resigned in December 2012 to join real estate developer Sheth Builders as its vice president legal in Mumbai.
LexCounsel with Hariani & Co and Bachubhai Munim & Co advised television news channel Zee News and its executives in its Rs 150 crore defamation cross-claim filed in the Bombay high court against congress MP and Jindal Steel and Power Limited (JSPL) owner Naveen Jindal.
Jindal was advised by Khaitan & Co in his Rs 200 crore defamation suit filed in the high court on Thursday against the news channel.
Hariani & Co litigation head and partner Ranjit Shetty has joined Juris Corp in Mumbai.
Exclusive: Phoenix Legal has opened a second Mumbai office in Nariman Point relocating its recently hired litigation partner and bulked up with Hariani & Co real estate and corporate partner Siddharth Hariani to expand to three partners in Mumbai.
Hariani & Co has moved into a new office almost twice the previous size in Mumbai offering, after one of its partners relocated from Bangalore.