S&R Associates advises UltraTech Cement on INR 50 billion listed NCD issuance through private placement
S&R Associates advised UltraTech Cement Limited on its INR 50 billion issuance of listed non-convertible debentures through private placement.
Aditya Birla Group
CCI approves 100% acquisition of Royal Challengers Bengaluru’s parent company
The Competition Commission of India (CCI) has approved the acquisition of 100% shareholding of Royal Challengers Sports Private Limited, the parent company of Royal Challengers Bengaluru, by a consortium comprising entities of the Aditya Birla Group, Times Group, ICONIQ Group, Blackstone-backed funds and other investors.
Delhi High Court: Complaint by Delhi Pollution Control Committee not authorized under Section 19 of Environmental Protection Act
As per notification No. S.O. 624(E) dated 03.09.1996, the Central Government authorized the Chairman and Member Secretary of the Delhi Pollution Control Committee (DPCC) to file complaints under Section 19 of the Environment (Protection) Act, 1986. However, the notification did not grant the authority for further delegation of power by the Chairman and Member Secretary to file such complaints.