Articles for Latest News

52 Black Franchisee Owners Accuse McDonald’s of Racial Discrimination

The former Black franchisee owners operated altogether around 200 restaurants from the 1980s till now.

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Interpol Issues Red Notice Against Ami Modi Over Allegations of Money Laundering

Last month, Interpol issued a Red Corner notice against the wife of Nirav Modi, Ms. Ami Modi. Nirav is the prime accused in the Rs 13,500 crore Punjab National Bank (PNB) fraud case. The notice has been issued in connection with the money laundering case registered against Ms. Modi in India.

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Dr Kafeel Khan’s Speech Does Not Promote Hatred and Violence, Affirms Allahabad HC

Dr Kafeel Khan has been released from the Mathura Jail after Allahabad HC sets aside his detention under the provisions of National Security Act. He was booked due to his proactive Anti-CAA speech at Aligarh Muslim University on December 13, 2019.

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Deal Closed I SVF II Darwin (Cayman) Limited (SoftBank) | Series F Investment in Unacademy

Khaitan & Co assisted Softbank in conducting legal due diligence of Sorting Hat Technologies Private Limited, negotiations and finalizing the transaction documents

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Pay Interest for Delay; Home Buyers Entitled to Compensation for Delay in Possession: SC to Developers

In the case of DLF Southern Homes and Annavbel builders, SC states that the flat purchasers cannot be left in the lurch and are entitled to compensation for delay in possession by the developers.

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Supreme Court on Police Officers' Role Under Drugs and Cosmetics Act

The Apex Court ruled that a police officer is not empowered to register FIRs, make arrests, prosecute, or investigate regarding the cognizable offences mentioned under Chapter IV of the Drugs and Cosmetics Act, 1940.

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The Hon’ble President of India, Ram Nath Kovind receives a copy of Bar Association of India’s ‘The Constitution of India Celebrating and Calibrating 70 Years Compendium of Articles’

Compendium dedicated to Mr. Fali S Nariman, President Emeritus of the Bar Association of India, for completing seventy years of law practice

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Prashant Bhushan Agrees to Pay a 1 Rupee Fine out of Respect for the Court

The activist lawyer was asked to pay a 1 rupee fine or serve a 3-month jail term in connection with his controversial tweets.

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Deal Closed | NUVOCO Vistas Corporation Limited | Acquisition Financing - Investment by Kotak Special Situations Fund (KSSF)

Khaitan & Co was involved in the following: (1) Conducting a vendor legal due diligence of NVCL (2) Reviewing and finalizing debenture subscription agreement, debenture holders’ agreement and other transaction documents; and (3) General legal advisory.

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Deal Closed | Shri Investments | Investment in Alpha Alternatives Holdings Private Limited

Khaitan and Co acted as a transaction Counsel to the trusts (Haripriya, Harivansh and Priyamvada Trust) / Abhishek Dalmia).

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