Bringing you the Best Analytical Legal News
Senior Advocate Brijesh Kumar Shukla has urged the Chief Justice of the Allahabad High Court to relax the prescribed dress code for advocates, citing severe heatwave conditions, health concerns and similar relaxations granted by other High Courts.
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The transaction marks the culmination of over two decades of stressed asset resolution by SASF, India’s first bad bank, established to acquire and recover stressed loan assets transferred from IDBI in 2004.
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Shardul Amarchand Mangaldas advised Jefferies, the sole book running lead manager, on JSW Energy’s ₹4,000 crore Qualified Institutions Placement completed amid challenging market conditions.
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The Maharashtra Electricity Regulatory Commission (MERC) has directed Indian Railways to make an interim payment of ₹3,351 crore towards outstanding Cross Subsidy Surcharge (CSS) and Additional Surcharge dues claimed by Maharashtra State Electricity Distribution Company Limited (MSEDCL). The order is the first regulatory ruling implementing the Supreme Court’s 8 May 2026 judgment affirming Railways’ liability for CSS and Additional Surcharge on open access electricity consumption.
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The Collegium recommendations were declared on 27 May 2026 following Collegium meetings held on 22 and 27 May 2026.
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Shardul Amarchand Mangaldas & Co. advised the Resolution Professional and Monitoring Committee in the CIRP of Jaiprakash Associates Limited.
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As the global disputes community prepares to gather in London, this year’s London International Disputes Week arrives at a moment when international arbitration and dispute resolution are confronting challenges that extend far beyond the confines of procedural rules.
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The Supreme Court has notified partial court working days from 1 June to 12 July 2026 and constituted vacation benches under the Supreme Court Rules, 2013. Regular court functioning will resume from 13 July 2026.
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Cyril Amarchand Mangaldas advised Elevation Capital V Limited and its affiliates on the sale of equity shares of One97 Communications Limited through block trades on NSE and BSE. The transaction was executed for an aggregate consideration of approximately ₹963.6 crore.
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Cyril Amarchand Mangaldas advised JSW Energy Limited on the sale of 25 million equity shares of JSW Steel Limited through screen-based trades on NSE and BSE. The transaction represented approximately 1.02% of JSW Steel’s equity share capital and was valued at around ₹3,150 crore.
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Supreme Court Advocate-On-Record Association’s Election 2026-2028 Results have been released, with a list of candidates and their respective votes.
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Justice Meenakshi M. Rai who is currently serving as Judge of Sikkim High Court, holds the distinction of being the first woman from the State to be elevated to Sikkim High Court Bench.
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Cyril Amarchand Mangaldas advised JSW Energy Limited on acquisition of an 8.33% stake in Toshiba JSW Power Systems Private Limited from Toshiba Corporation for ₹150 crore. Following the transaction, JSW Energy’s shareholding in the turbine generator manufacturing company will increase to 10.73% on a fully diluted basis.
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Cyril Amarchand Mangaldas advised Urban Realtech Private Limited, a BPTP group company, on the proposed joint development of an 11-acre land parcel in Sector 39, Faridabad with Emerald Infrahome LLP. The mandate covered title due diligence, regulatory and PLPA compliance assessments, and drafting of joint development and ancillary transaction documents for the group housing project.
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Shardul Amarchand Mangaldas advised ITC Hotels Limited on its acquisition of Zuri Hotels and Resorts Private Limited, owner of The Zuri Kumarakom Kerala Resort & Spa.
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The mandate covered title due diligence, regulatory and PLPA compliance assessments, and drafting of joint development and ancillary transaction documents for the group housing project.
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CAM advised SiCSem Private Limited on availing fiscal support from the Government of India for establishing India’s first SiC compound semiconductor Fab and ATMP facility in Odisha with a projected capital expenditure of INR 2,066.70 crore.
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CAM advised Jana Small Finance Bank Limited on its preferential issue of 1,56,72,909 warrants to key investors on a private placement basis, subject to shareholder, stock exchange, and RBI approvals.
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CAM advised Jana Holdings Limited on the sale of 5,160,903 equity shares representing approximately 4.9% stake in Jana Small Finance Bank Limited to TVS Motor Company Limited for an aggregate consideration of INR 193.31 crore.
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At present, the Madras High Court has a working strength of 52 judges including Chief Justice.
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