Browsing: Corporate Law

Kerala High Court: Notice on Relative Not Sufficient for Cheque Dishonor Unless Accused Had Knowledge

Section 138 of Negotiable Act: Notice on Relative Not Sufficient for Cheque Dishonor Case, Says Kerala High Court: Kochi, India – In a significant ruling concerning the Negotiable Instruments Act, the Kerala High Court has clarified that merely serving a notice of cheque dishonor on a relative of the accused is not sufficient to initiate proceedings under Section 138, unless it can be demonstrably proven that the accused had direct knowledge of such notice. This decision provides crucial guidance on the stringent requirements for statutory notice in cheque dishonor cases.

Manipal Hospitals Acquires Sahyadri Hospitals from Ontario Teachers’ in $768 Million Deal

Manipal Hospitals Acquires Sahyadri Hospitals from Ontario Teachers’ in ₹6,400 Crore Deal: Mumbai, India – In a landmark transaction poised to reshape India’s healthcare landscape, Manipal Health Enterprises has announced the acquisition of a majority stake in Sahyadri Hospitals Group from the Ontario Teachers’ Pension Plan Board for a staggering ₹6,400 crore (approximately $768 million USD). This strategic move solidifies Manipal Hospitals’ position as a leading multi-speciality healthcare provider in the country and marks a significant exit for the Canadian pension fund from its 2022 investment in the Maharashtra-based hospital chain.

Antares Legal Guides Yugadi Capital in Biryani Blues Investment

Antares Legal Guides Yugadi Capital in Biryani Blues Investment: New Delhi, India – Antares Legal has successfully advised Yugadi Capital, a new fund under Carpediem Capital, in leading a significant investment round for Biryani Blues, a prominent quick-service restaurant chain in India. The transaction saw Biryani Blues raise approximately ₹40 crore (equivalent to $5 million), a move poised to fuel the popular brand’s ambitious expansion plans across the country.

Delhi High Court Denies Toyota’s Patent Injunction Plea Against LMW as Patent Expires

Delhi High Court Denies Toyota’s Patent Injunction Plea Against LMW as Patent Expires: NEW DELHI, India – In a significant development for India’s industrial landscape and intellectual property rights, the Delhi High Court has dismissed a plea by Japanese multinational Kabushiki Kaisha Toyota Jidoshokki (Toyota) seeking an interim injunction against Indian company LMW Limited. The…

Veteran Lawyer Kelly Yap Launches Ming Law Asia, Bolstering Commercial Dispute Resolution Landscape

Veteran Lawyer Kelly Yap Launches Ming Law Asia: Singapore – July 5, 2025 – Veteran shipping and international trade lawyer Kelly Yap has announced the launch of Ming Law Asia LLC, a new legal firm poised to make a significant impact in commercial dispute resolution, with a particular focus on shipping and international trade matters.…

Veritas Legal Advises Raphe mPhibr on $100 Million Fundraise, Bolstering India’s Defense Tech Sector

Veritas Legal Advises Raphe mPhibr on $100 Million Fundraise, Bolstering India’s Defense Tech Sector: Noida, India – June 30, 2025 – Raphe mPhibr Private Limited, a pioneering Indian defense-tech and aerospace company, has successfully secured a significant $100 million in a primary funding round. This substantial investment, led by prominent venture capital firm General Catalyst,…

GameChanger Law Advisors Facilitates Speciale Invest’s Lead in Sthyr Energy’s $1 Million Fundraise

Bengaluru, India – June 30, 2025 – In a notable development within the clean energy and investment sectors, GameChanger Law Advisors (GLA) has announced its role in representing Speciale Invest as the venture capital firm led a significant $1 million fundraise for Sthyr Energy Private Limited. This transaction underscores the increasing investor interest in innovative…

UGRO Capital Expands Dominance in MSME Lending with ₹1,400 Crore Acquisition of Profectus Capital, CAM Advises Actis

CAM Advises UGRO Capital on Profectus Capital’s Acquisiton: Mumbai, India – June 30, 2025 – UGRO Capital, a prominent data-tech platform specializing in MSME (Micro, Small, and Medium Enterprises) lending, has announced a significant strategic move with its all-cash acquisition of Profectus Capital Pvt. Ltd. from the UK-based private equity firm Actis. The deal, valued…

M. T. Miskita & Co Advises Adani Group on Monumental $3.2 Billion Dharavi Redevelopment Project

MT Miskita & Co Advises Adani Group on $3.2 Billion Dharavi Redevelopment Project: Mumbai, India – June 30, 2025 – The Adani Group, a prominent Indian conglomerate, is advancing with one of the nation’s most ambitious urban renewal initiatives: the Dharavi Redevelopment Project. Valued at a staggering $3.2 billion, this monumental undertaking aims to transform…

Oswal Pumps Launches ₹1,694 Crore IPO, S&R Associates and JSA Advocates Advise on Landmark Offering

JSA Advocates, S&R Associates Advise on Oswal Pumps Limited’s Rs 1694 crore IPO: New Delhi, India – June 30, 2025 – Oswal Pumps Limited, a rapidly expanding Indian manufacturer in the pumps and electrical equipment sector, has successfully launched its Initial Public Offering (IPO), aiming to raise approximately ₹1,694 crore. This significant market debut includes…

Karnataka HC Stays Misleading Ads Case Against Divya Pharmacy, Acharya Balkrishna

The Karnataka High Court on Tuesday stayed trial court proceedings in a misleading advertisement case filed against Divya Pharmacy (affiliated to Patanjali Ayurved) and its co-founder-promoter Acharya Balakrishna [M/S Divya Pharmacy and anr v. State of Karnataka and anr]. Justice SR Krishna Kumar passed the interim stay order on a petition by Divya Pharmacy and…

Delhi High Court: Lenskart admits its use of Titan trademark was a mistake

Lenskart admits its use of Titan trademark was a mistake in Delhi High Court: Multinational eyewear company Lenskart informed the Delhi High Court recently that its use of the Titan and Fastrack trademarks and metatags was an inadvertent mistake [Titan Company Limited vs Lenskart Solutions Private Limited & Anr]. Advocate Nishchal Anand, appearing for Lenskart,…

Rajani Associates advises Lloyds Engineering Works on Rs 987.26 crore Rights Issue

Rajani Associates has acted as sole Legal Counsel to Lloyds Engineering Works and the Lead Manager, Mark Corporate Advisors Private Limited, on this rights issue. The transaction team was led by Sangeeta Lakhi (Senior Partner), with assistance from Deepansh Jain (Associate). The Firm had also advised Lloyds Engineering on their rights issue in 2024.

JSA advises MUFG, Crédit Agricole on ₹817 cr funding for 200 MW solar project in Gujarat

JSA Advocates & Solicitors has advised MUFG Bank, Ltd. and Crédit Agricole Corporate and Investment Bank in connection with rupee term loan facilities aggregating ₹817 crore, availed by Enren-II Energy Private Limited, a project company of Engie, for the development of a solar farm in Gujarat. The JSA team was led by Karan Mitroo (Partner), with support from Purvi Dabbiru (Partner), Aishwarya Dixit (Senior Associate), and Shantanu Awasthi (Associate).