Bringing you the Best Analytical Legal News
True North acquired a significant minority stake in Embio Limited, a leading manufacturer of complex APIs and advanced intermediates focused on regulated markets and a key player in the controlled substances sector.
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Acevector Ltd. operates an asset-light digital commerce ecosystem spanning data, technology and AI-driven businesses, value-focused e-commerce marketplaces, SaaS enablement solutions, and consumer brands.
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Ingredion is a leading MNC specialising in manufacture of value-added ingredient solutions for the food, beverage, brewing, pharmaceuticals, and industrial markets). Sanstar is a listed Indian manufacturer of corn-based specialty products and ingredient solutions.
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The Tamil Nadu Government has appointed the Senior Advocates as Counsel for the State in the rank of Additional Advocate General to represent the State before the Supreme Court of India on a temporary basis, following the recommendation of the Advocate General.
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On 22 May 2026, the Supreme Court Collegium recommended Justice Meenakshi M. Rai’s name for appointment as Chief Justice of Patna High Court.
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Acting on the recommendation of the Advocate General, the Tamil Nadu Government has reconstituted its panel of Advocates-on-Record before the Supreme Court to ensure continued representation in matters concerning the State.
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CAM’s mandate included strategic advisory, reviewing and negotiating transaction documents, finalising corporate authorisations, and advising on corporate and securities law aspects of the transaction.
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The transaction marks a strategic expansion of EML’s longstanding partnership with the Volvo Group and reflects EML’s proposed entry into the vehicle financing segment in India.
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Hiral joined erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co. in 2007. She has also worked with K Raheja Corp as Vice President Legal for Commercial vertical. Hiral graduated from Government Law College, Mumbai in 2005.
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The President of India has appointed four High Court Chief Justices and Senior Advocate V. Mohana as Judges of the Supreme Court of India, implementing the recommendations made by the Supreme Court Collegium on 27 May 2026.
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Senior Advocate Brijesh Kumar Shukla has urged the Chief Justice of the Allahabad High Court to relax the prescribed dress code for advocates, citing severe heatwave conditions, health concerns and similar relaxations granted by other High Courts.
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The transaction marks the culmination of over two decades of stressed asset resolution by SASF, India’s first bad bank, established to acquire and recover stressed loan assets transferred from IDBI in 2004.
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Shardul Amarchand Mangaldas advised Jefferies, the sole book running lead manager, on JSW Energy’s ₹4,000 crore Qualified Institutions Placement completed amid challenging market conditions.
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The Maharashtra Electricity Regulatory Commission (MERC) has directed Indian Railways to make an interim payment of ₹3,351 crore towards outstanding Cross Subsidy Surcharge (CSS) and Additional Surcharge dues claimed by Maharashtra State Electricity Distribution Company Limited (MSEDCL). The order is the first regulatory ruling implementing the Supreme Court’s 8 May 2026 judgment affirming Railways’ liability for CSS and Additional Surcharge on open access electricity consumption.
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The Collegium recommendations were declared on 27 May 2026 following Collegium meetings held on 22 and 27 May 2026.
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Shardul Amarchand Mangaldas & Co. advised the Resolution Professional and Monitoring Committee in the CIRP of Jaiprakash Associates Limited.
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The Supreme Court has notified partial court working days from 1 June to 12 July 2026 and constituted vacation benches under the Supreme Court Rules, 2013. Regular court functioning will resume from 13 July 2026.
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Cyril Amarchand Mangaldas advised Elevation Capital V Limited and its affiliates on the sale of equity shares of One97 Communications Limited through block trades on NSE and BSE. The transaction was executed for an aggregate consideration of approximately ₹963.6 crore.
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Cyril Amarchand Mangaldas advised JSW Energy Limited on the sale of 25 million equity shares of JSW Steel Limited through screen-based trades on NSE and BSE. The transaction represented approximately 1.02% of JSW Steel’s equity share capital and was valued at around ₹3,150 crore.
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Supreme Court Advocate-On-Record Association’s Election 2026-2028 Results have been released, with a list of candidates and their respective votes.
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