The resolution of insolvent Reliance Capital Ltd. may face further delays due to a dispute with Credit Suisse AG.
Akil Hirani, Managing Partner, was quoted in BQ Prime on the topic.
“Since the Insolvency & Bankruptcy Code prescribes that all matters relating to an insolvent company are to be clubbed under the NCLT, that is most likely the next step. Reliance Capital’s creditors may look to challenge the pledge by claiming that there was a breach of contract”, he said.
Akil Hirani, Managing Partner and Head of Transactions, has won the award of Legal Advisor of the Year by Asia Pacific Business at their Asia Pacific Business Awards 2023-2024. Congratulations, Akil.
In the recent ruling of Mr. Gopal Vittal, Bharti Airtel Ltd v. Mr. Kamtci Shankar Arumugam, the Madras High Court has distinguished between the right to privacy of an individual versus the safety rights of a larger group. In this case, the petitioner company wanted...
Akil Hirani, Managing Partner and Head of Transactions, has been featured as a guest author in Business India magazine's February 2024 issue. Please read his article (as published in Business India) on the EU’s AI rules and their implications on Indian companies...
We are pleased to share that our firm has been recognised for its work across practice areas by The Legal 500 (Legalease) in their 2024 rankings. Firm Rankings Antitrust and Competition Corporate and M&A Data Protection Dispute Resolution: Litigation Intellectual...
Akil Hirani, Managing Partner and Head of Transactions, has authored a critique on the Reserve Bank of India’s recent circular that restricts banks and NBFCs from making investments in Alternative Investment Funds who, in turn, have investments in companies in which...
In the recent case of Rohit Dembiwal v. Tata Consultancy Services Ltd., the Bombay High Court held that an IT analyst did not qualify as a “workman” under the Industrial Disputes Act, 1947, as his day-to-day responsibilities were supervisory in nature, and his...