Cyril Amarchand Mangaldas acted as Indian counsel to Ventive Hospitality, a joint venture between Blackstone and Panchshil Realty, on its initial public offering valued at $187 million. Latham & Watkins and Shardul Amarchand Mangaldas & Co advised the bookrunning lead managers (BRLMs).
In this interview with ALB, Manisha Chaudhary, managing partner at UKCA and Partners, offers incisive perspectives on critical issues in Indian corporate law. She delves into the complexities of obtaining status quo ante orders in oppression cases, addresses the challenges facing the National Company Law Tribunal (NCLT) in merger approvals, and clarifies the jurisdictional boundaries between NCLT and arbitration in shareholder disputes.
Indian law firm IndusLaw has its first partner hire of the new year with the addition of Megha Arora to its projects, energy and infrastructure practice in Bengaluru. Arora joins from JSA Advocates & Solicitors, where she had been a partner since 2017.
JSA Advocates & Solicitors has bolted right out of the hiring gate for 2025 with the addition of its second new partner hire of the year, as Pritha Chatterjee moves from IndusLaw as a retained partner in its banking and finance practice.
Indian law firm JSA Advocates & Solicitors has continued its market-leading expansion from 2024 with the addition of Trilegal counsel Shringarika Priyadarshini as a retained partner in its Gurugram-based corporate practice.
Bengaluru-based attorneys Sneha Nagaraj and Gautham Gururaj have launched a new firm called Frontline Law Partners, adding Russia-based lawyer Illarion Igorevich Girs to focus on cross-border litigation and transactional work.
Khaitan & Co and Herbert Smith Freehills have guided Indian billionaire Sajjan Jindal’s JSW Energy on its $1.47 billion proposed acquisition of 4,696 MW renewable energy platform O2 Power from Temasek and EQT Infrastructure. Both sellers were represented by Trilegal and A&O Shearman.
India’s economic growth is intrinsically linked to its infrastructure development, and the government is doing everything possible and more to attract private investment. However, concerns about a weaker NDA alliance, high counterparty risk, and a slow court system remain high on investors’ minds.
COVID-19 vaccine-maker AstraZeneca was in the spotlight in May following the company’s admission in a UK court proceeding of the possibility of a rare side effect, Thrombosis with Thrombocytopenia Syndrome (TTS) associated with its vaccines. More than 50 individuals have alleged the vaccine resulted in death and serious injuries from TTS.
The Arbitration Bar of India (ABI) was launched on 11th May, with Gourab Banerji, a senior advocate at the Supreme Court of India, appointed as its inaugural president. Banerji shares with ALB about how ABI's plans to take arbitration to cities across India for better accessibility, increase the quality of arbitration institutions, address the issues of slow enforcement and long arbitral timelines for speedier dispute resolution, and integrate technology in the dispute resolution process for enhanced efficiency.
As one of Japan’s Big Four law firms, Anderson Mori & Tomotsune has made it its mission to improve diversity and inclusion, or D&I, across the firm and Japan’s legal industry. ALB talks to Mari Itoh, a partner at AMT and a