Takeover Code

- SEBI’s revised Takeover Code hikes public offer threshold to 25 per cent, raises minimum offer size from 20 to 26% but short of 100% [Mint]

- Takeover Code commentary and disagreements: Khaitan’s Arindam Ghosh, Kotak’s Sourav Mallik, Finsec’s Sandeep Parekh and Amarchand’s Cyril Shroff [Moneycontrol, 3 pages or video]

- “32 years later not much has changed”: Undertrial prisoners still fall through the cracks [Law and Other Things]

- Kasab appeals death penalty to Supreme Court [NDTV]

- Gurgaon district court records statement that two women are in same-sex marriage [TOI]

Last week's episode of CNBC-TV18's The Firm sat Takeover Regulations Advisory Committee (TRAC) members YM Deosthalee and Sourav Mallik opposite AZB & Partners' Zia Mody and Amarchand Mangaldas' Cyril Shroff to discuss some of the intended and unintended consequences of the proposed drastic overhaul of India's takeover regulations.

J Sagar and Associates (JSA) and Luthra & Luthra have completed the Rs 1,750 crore ($368m) takeover of mining company Dempo Group by London-listed Vedanta Resources subsidiary Sesa Goa.