Competition Commission of India approves RIL- Walt Disney’s 8.5 Bn Dollar Joint Venture
Competition watchdog CCI’s approval to this joint venture was granted subject to compliance of voluntary modifications.
Joint Venture
Shardul Amarchand Mangaldas & Co. advises IndianOil on its Joint Venture with Sun Mobility for Battery Swapping Business
Shardul Amarchand Mangaldas & Co. advised Indian Oil Corporation Limited (“IndianOil”) in the formation of a joint venture with Sun Mobility Pte.
Delhi High Court upholds arbitral award for not falling within the mischief of Section 48(2)(b)(ii) of Arbitration Act
A challenge to an Award on the grounds of violation of “public policy” or “fundamental policy of Indian law” would be liable to be countenanced provided it is established that its enforcement would run contrary to well-established legal tenets which brook of no exception.
Delhi High Court dismisses PIL by Subramanian Swamy against Union approval for JV partnership between Air Asia Investments Ltd and Tata Sons
The Union decision is contrary to the FDI Policy of the Government of India and contrary to the guidelines laid down by the Union Ministry of Civil Aviation.
Provisional Attachment Order rests merely on an assumption of ED; Delhi High Court quashes Order passed by ED being arbitrary and illegal
The writ petitions raise an important question relating to the powers of the Enforcement Directorate (ED) to provisionally attach properties under Section 5 of the Prevention of Money Laundering Act, 2002 (PMLA) even though no proceedings relating to the predicate offense may have been initiated by the competent agency functioning under an independent statute and in terms of which the scheduled offense stands created.
CCI approves of a joint venture between Mahindra & Mahindra and Ford Motor
The Competition Commission of India (CCI) approves the formation of a joint venture between Mahindra & Mahindra and Ford Motor and the
European Commission prohibits joint venture between Tata Steel and ThyssenKrupp
European Commission prohibits proposed “Joint Venture” between, Tata Steel and ThyssenKrupp. According to the European Commission’s investigation merger would have led to