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8 June 2017 at 13 : 48 PM
HR Law Hotline: Evolving HR Law: Giving GCs Sleepless Nights?; June 08, 2017
Read MoreJune 08, 2017 EVOLVING HR LAW: GIVING GCS SLEEPLESS NIGHTS? This article was originally published in the June 2017 edition of India stands on the cusp of a new HR law era. The government has proposed replacing several major national labor legislations with four codes – codes on wages, industrial relations, social security & welfare, […]
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5 June 2017 at 10 : 43 AM
The Evolving P-Note Regime With Richie Sancheti | Amicus Curiae
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2 June 2017 at 13 : 45 PM
Regulatory Hotline: Stressed Assets – RBI granted sweeping powers; June 02, 2017
Read MoreJune 02, 2017 STRESSED ASSETS – RBI GRANTED SWEEPING POWERS Ordinance amends the Banking Regulation Act, 1949 empowers RBI to direct banks to resolve specific stressed assets and initiate Insolvency Resolution Process, as per the Insolvency and Bankruptcy Code, 2016. RBI amends Joint Lender Forum (as defined below) norms to accelerate the Corrective Action Plan […]
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1 June 2017 at 15 : 15 PM
Dispute Resolution Hotline: Once the Award is set aside – the dispute cannot be remanded back to the arbitral tribunal - Rules Supreme Court
Read MoreJune 01, 2017 Once the Award is set aside – the dispute cannot be remanded back to the arbitral tribunal – Rules Supreme Court Once a court has set aside the arbitral award, it cannot relegate the parties back to arbitral tribunal. The power to relegate the parties back to the arbitral tribunal cannot be […]
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26 May 2017 at 15 : 33 PM
Deal Corner: 2i Capital invests in Swan Energy Limited
Read MoreMay 26, 2017 2i CAPITAL INVESTS IN SWAN ENERGY LIMITED DEAL BRIEF 2i Capital PCC, a private equity fund established in Mauritius, has acquired a 10% stake (approx.) in Swan Energy Limited for USD 70 million (approx.). 2i Capital PCC specializes in growth capital investments, with a focus to invest in India and other markets. […]
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25 May 2017 at 15 : 47 PM
Deal Corner: GIC invests in Capital First Limited
Read MoreMay 25, 2017 GIC INVESTS IN CAPITAL FIRST LIMITED DEAL BRIEF GIC, a sovereign wealth fund established by the government of Singapore, has acquired (directly and through its affiliates) a 14% stake (approx.) in Capital First Limited. GIC is a leading global investment firm with well over US$100 billion in assets under management in more […]
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24 May 2017 at 15 : 32 PM
Deal Corner: Viteos acquired by Public Pension Capital & Fivew Capital
Read MoreMay 24, 2017 VITEOS ACQUIRED BY PUBLIC PENSION CAPITAL & FIVEW CAPITAL DEAL BRIEF Public Pension Capital (“PPC”) and FiveW Capital (“FiveW”), through its subsidiaries in the US, acquired Viteos Mauritius Limited (“Viteos”), an integrated provider of specialized fund administration and services to alternative investment managers (hedge funds, fund of funds, and private equity). Viteos […]
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22 May 2017 at 22 : 40 PM
Nishith Desai Associates: Deal Corner
Read MoreSoftBank Group set to invest in Paytm DEAL BRIEF SoftBank Group has entered into definitive documents to invest into One97 Communication Limited (“Company”). The Company operates Paytm, a leading payment and e-commerce platform in India. Press coverage relating to this transaction, is available here. OUR ROLE We, at Nishith Desai Associates, acted as transaction counsel […]
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3 May 2017 at 16 : 42 PM
Dispute Resolution Hotline: Cyrus Mistry-Tata Sons Legal Battle: NCLT lays down the principles for Oppression and Mis-Management claims
Read MoreMay 03, 2017 Cyrus Mistry-Tata Sons Legal Battle: NCLT lays down the principles for Oppression and Mis-Management claims The National Company Law Tribunal:- Dismissed company petition and rejected plea of Cyrus Mistry seeking waiver from the eligibility criteria of holding atleast 10% shareholding in Tata Sons to maintain a case of oppression and mis-management; No […]
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3 May 2017 at 11 : 07 AM
Deal Corner: Spandana raises USD 270 million
Read MoreMay 03, 2017 Spandana raises USD 270 million DEAL BRIEF Andhra Pradesh based microfinance lender Spandana Sphoorty Financial Limited (“Spandana”) has raised approximately USD 270 million by way of equity from Kedaara Capital (“Kedaara”) and debt funding from lenders. Kedaara shall invest approximately USD 100 million into Spandana by subscribing to fresh shares and acquiring […]
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2 May 2017 at 16 : 38 PM
Tax Hotline: F1 Indian Grand Prix Circuit is a fixed place PE: Supreme Court of India
Read MoreMay 02, 2017 F1 Indian Grand Prix Circuit is a fixed place PE: Supreme Court of India Supreme Court of India rules that that Formula One World Championship Limited has a fixed place Permanent Establishment in the Buddh International Circuit, the venue of the Indian Grand Prix. Holds that all India sourced business income of […]
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2 May 2017 at 11 : 26 AM
Deal Corner: True North acquires controlling stake in Home First Finance Company for USD 100 million
Read MoreMay 02, 2017 True North acquires controlling stake in Home First Finance Company for USD 100 million DEAL BRIEF True North (previously known as India Value Fund) has acquired a controlling stake in Home First Finance Company Private Limited (“HFFC”), a housing finance company headquartered in Mumbai engaged in providing affordable housing loans to low […]
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13 April 2017 at 19 : 47 PM
CNBC Big Deal: TiECon Mumbai Fostering Entrepreneurship 2022- India Ahead
Read MoreApril 8, 2017
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13 April 2017 at 19 : 36 PM
ET Now: Amicus Curiae: RBI boost for REITS & INVITS – The road ahead
Read MoreApril 7, 2017
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9 April 2017 at 21 : 54 PM
Wealth & Estate Planning
Read MoreIndian & International Perspectives This publication provides you legal and tax guidance on cross-border wealth and succession planning with special emphasis on IP succession and digital inheritance which are often valued more than physical assets. It also gives you an overview of succession issues in various jurisdictions such as the US, UK, Singapore etc. Hope […]
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6 April 2017 at 16 : 22 PM
HR Law Hotline: Amendment to maternity law: Extended time to employers to provide creche facilities
Read MoreApril 06, 2017 Amendment to maternity law: Extended time to employers to provide crèche facilities Maternity law in India recently amended enhancing maternity benefits Establishments having 50 or more employees to provide crèche facility The provisions of the amended maternity law have come into effect from April 1, 2017 Corrigendum clarifying that the provision relating […]
