Articles for Latest News

'Unreasonable to Halt Social Security Pensions': Andhra Pradesh HC

While hearing two pleas that challenged Andhra Pradesh Government’s halt of pension payments, HC observed that if the State can spend crores on other activities, it is unreasonable to halt social security pensions.

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Don't Recommend Spraying Disinfectants on People', Health Ministry to Supreme Court

The Ministry says that the use of disinfectants on humans can have a harmful physical and psychological effect. This is why it never recommended them in its guidelines for routine patient care areas or operation theatres.

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Deal Closed | Initial Offer by Tower Infrastructure Trust

Khaitan and Co acted as Legal Counsel to the Lead Manager as to Indian Law

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Amazon Prime and Other Major OTT Platforms Agree to a Universal Self-Regulation Code

Universal Self-Regulation Code for OCCPs' mandates content providers to set up a structured grievance redressal and escalation mechanism for users.

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Senior Counsel Harish Salve Granted Divorce by a UK Court

Mr Salve and his wife amicably parted ways after being together for several decades

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3 Directors Discharged in Marki Mangli Coal Allocation Scam

The 3 directors - SK Mitra, Surendra Lodha and AK Nevatia had no role to play in irregular and fraudulent coal allocation in the erstwhile Shree Virangana Steel Ltd.

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Dual Investment Structures – A Local Fix To Externalization

Imagine, an Indian business owned by an offshore holding company having multiple stakeholders - an Indian investor wants to invest in the business, however, is not permitted to invest directly in the offshore company – how can it be made possible? The dual investment structure can be an answer - relatively familiar concept for the externalized Indian businesses as illustrated above. For completeness, the externalization (or flip structure) is primarily adopted to tap growth potentials, ease regulatory compliances and/or increase tax efficiency; and are common for tech and new-age businesses.

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Paytm Mall Issues Legal Notice to Cyble Over its Report Claiming Serious Data Breach

Last month, a blog post published on Cyble’s website claimed that a hacker under the alias 'John Wick' breached the Paytm Mall database

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ED Arrests Chanda Kochhar’s Husband in Rs 1875 Crore Loan Scam

Deepak Kochhar’s arrest comes in connection with a money-laundering probe arising out of ICICI Bank’s "illegal" sanction of loans to Videocon Group of companies.

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