Delhi High Court dismisses a writ petition challenging land acquisition proceedings after a delay of 62 years
Delhi High Court: A Division Bench of Siddharth Mridul and Gaurang Kanth, JJ. dismissed the writ petition as it was filed after
Acquisition
Khaitan & Co advises Endurance Technologies Limited on their 100% acquisition of Maxwell Energy Systems Private Limited in a staggered manner
NO HEADINGS DETAILS 1. Sector Automobiles and Components 2. Announcement Date 5-July-2022 3. Completion Date 1 July 2022 4. Name of Client
Land Acquisition| Can market value be determined retrospectively based on the market value of land acquired two years later? SC answers
Supreme Court: In a case where the Court was posed with the question as to whether determination of market value subsequent to
Notification to exempt land from acquisition under LA Act is not a quasi-judicial order; will not confer any vested rights to the landowner: Supreme Court
“It is trite to point out that an order secured by fraud and misrepresentation will not confer any vested right and that, therefore, the land owners cannot pitch their claim either on the basis of vesting or on the basis of Article 300A.”
Mergers & Acquisitions (M&A) | CCI gives approval for acquisition of shareholding in HDFC Ergo General Insurance Co. Ltd. by HDFC Bank Ltd.
Acquisition approval by Competition Commission of India The Competition Commission of India (CCI) approves acquisition by HDFC Bank Limited (Acquirer) of shareholding
RBI issues Master Directions- RBI (Transfer of Loan Exposures) Directions, 2021
On September 24, 2021, the Reserve Bank of India (RBI) has issued the Reserve Bank of India (Transfer of Loan Exposures) Directions,
“Government cannot acquire its own land”. Proceedings under LA Act, 1894 cannot be reopened once the possession has been transferred: SC
Supreme Court: In an interesting case regarding land acquisition by government of Assam for setting up a plastic park, the Division Bench
CCI approves acquisition of stake by Axis Bank Limited, Axis Capital Limited & Axis Securities Limited in Max Life Insurance Company Limited
The Competition Commission of India (CCI) approves the acquisition of stake by Axis Bank Limited, Axis Capital Limited and Axis Securities Limited
Green Channel combination of ROC Star Investment Trust’s acquisition of equity of Star Health and Allied Insurance Company Ltd. from Snowdrop Capital PTE Ltd. received by CCI
The Competition Commission of India (CCI) received the following green channel combination filed under sub-section (2) of Section 6 of the Competition
CCI approves acquisition of stake in Future Supply by Nippon Express
The Competition Commission of India (CCI) approves the acquisition of stake in Future Supply Chain Solutions Limited (Future Supply) by Nippon Express
CCI approves acquisition by Amazon.com in Future Coupons
Competition Commission of India (CCI) approves the acquisition by Amazon.com NV Investment Holdings LLC (“Acquirer”) in Future Coupons (Private) Limited (“FCL/Target”), under
CCI approves acquisition of 4.94% shareholding in Suzuki Motor Corporation by Toyota Motor Corporation
The Competition Commission of India (CCI) approves the acquisition of 4.94% shareholding in Suzuki Motor Corporation (SMC) by Toyota Motor Corporation (TMC)
Raj HC | Ownership of property to be decided on evidence where mode of acquisition is disputed
Rajasthan High Court: Sabina, J., dismissed the petition moved for dismissing the suit for partition qua the petitioner since no ground for
CCI approves acquisition of shareholdings in Mumbai International Airport Limited by Adani Properties Private Limited
The Competition Commission of India (CCI) approves the acquisition of shareholdings in Mumbai International Airport Limited (“MIAL”) by Adani Properties Private Limited
SL CoA | Right of way by prescriptive user for using the disputed site for past 20 years upheld
Court of Appeal of the Democratic Socialist Republic of Sri Lanka: The Bench of A.L. Shiran Gooneratne and Mahinda Samayawardhena, JJ., dismissed
CCI approves acquisition of shareholding in Aditya Birla Capital Ltd. by Jomei Investments Ltd.
CCI approves acquisition of 4.15% of the shareholding in Aditya Birla Capital Limited by Jomei Investments Ltd. of Combination under Section 31(1)
Competition Commission of India approves Combinations under S. 31(1) of the Competition Act, 2002
CCI approves the acquisition of a shareholding in GMR Airports Limited (“GAL”) by TRIL Urban Transport Private Limited (“TUTPL”), Valkyrie Investment Pte.
CCI approves Acquisition of — electrical and automation business of Larsen & Toubro Limited by “Schneider” and “MacRitchie”
The Competition Commission of India (Commission) has published the order approving the acquisition of electrical and automation (EA) business of Larsen &
Kar HC | Usurpation of private property by State or its instrumentalities, sans lawful acquisition process violates Article 300-A of Constitution
Karnataka High Court: The Bench of Krishna S. Dixit, J., allowed petition filed by a senior citizen challenging wrongful usurpation of his
Utt HC | ‘Womanhood’ given consideration while granting bail
Uttaranchal High Court: The Bench of Sudhanshu Dhulia, J. accepted the application seeking bail where the applicant was a woman and had a