C&M Capital Market team consisted of partner & head of Capital Markets – Niruphama Ramakrishnan, Senior Associate – Pranav Gupta, Associates - Shashwat Bhutani, Keshav Srivastava and Rishika Sharma
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To alleviate the backlog of tax litigation, the government has raised the monetary thresholds for the ITD’s appeals - Rs 60 lakhs for Tribunals, Rs 2 crs for High Courts, and Rs 5 crs for the Supreme Court. By elevating the monetary limits, the government aims to focus judicial resources on more impactful cases, thereby reducing the pendency and accelerating the path to finality.
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The transaction team was led by Reeba Chacko, Senior Partner; Vishak Abraham, Partner; Emil Joseph, Partner; with support from Mahima Goel, Senior Associate; Jayant Belgaumkar, Associate; Ashish Narang, Associate; and Vamsi Masireddy, Associate
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The overall deal review timelines have been shortened to 150 calendar days, with a deemed automatic approval for transactions if the CCI is unable to form a prima facie view that the transaction may cause an appreciable adverse effect on competition in the first 30 calendar days (Phase 1). In practice however, there are significant time exclusions specified in the regulations, which may render this reduced timeframe a dead letter writes Shweta Shroff Chopra, Partner, Shardul Amarchand Mangaldas & Co.
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This new regulatory threshold mandates that any transaction with a deal consideration exceeding INR 2,000 Crore-and involving target entities with substantial business operations—will require clearance from Competition Commission of India (CCI).
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Additional Solicitors General are law officers of the Union Government. The current Solicitor General of India is Tushar Mehta
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Gaurav Dani & Suneeth Katarki, Founding Partners, jointly expressed, "We are delighted to announce the induction of these talented individuals to our Firm’s Equity Partnership. IndusLaw remains committed to nurturing talent and promoting the future leaders of IndusLaw. We wish them all the very best!”
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Authored by Neeha Nagpal, Partner; Malak Bhatt, Partner and Nikunj Mahajan, Associate, NM Law Chambers
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The transaction was led by Anshu Choudhary, Partner; with support from Aman Deep Borthakur, Senior Associate; Samraddhi Shetty, Associate; Navjot Chhabra, Associate; and Aditi Goyal, Associate
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SAM & Co. team was led by Prashant Gupta, Partner, National Practice Head - Capital Markets; Devi Prasad Patel, Partner; Kamiya Marwah, Senior Associate; Megha Mehta, Associate and Kaushik Parkhe, Associate
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