NCLT Approves Meesho’s Reverse Flip to India; Merger to Trigger $280–300 Mn US Tax Outgo
NCLT Approves Meesho’s Reverse Flip to India; Merger to Trigger $280–300 Mn US Tax Outgo

The National Company Law Tribunal (NCLT) has approved SoftBank-backed Meesho’s reverse flip, allowing Meesho Inc. (Delaware) to merge into its Indian entity.

This move redomiciles the company to India, consolidating operations and aligning governance with its primary market. The shift is expected to incur a US tax liability of around $280–300 million

Legal advisers played pivotal roles. Khaitan & Co. advised SoftBank Vision Fund on regulatory structuring, merger schemes, transaction documentation, and closing processes, while CMS IndusLaw counselled investors Elevation Capital and Peak XV on strategic inputs and competition law matters. 

Read Details / 4 days ago

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Jindal Global Law School Launches Cyril Shroff Centre for AI, Law, and Regulation in London
Jindal Global Law School Launches Cyril Shroff Centre for AI, Law, and Regulation in London

The Cyril Shroff Centre for AI, Law, and Regulation at Jindal Global Law School was launched at the Law Society of England and Wales, London, with a ₹15 crore endowment from Cyril Shroff (Managing Partner, Cyril Amarchand Mangaldas).

Anchored at JGLS, India’s top-ranked law school (QS Rankings), the center will drive interdisciplinary research, executive education, and global regulatory policy in AI law.

The inaugural lecture by Prof. David Wilkins (Harvard Law) highlighted AI’s transformative role in justice. The event featured a high-level panel on AI ethics and governance. The centre will collaborate with global bodies like the UN, OECD, and EU.

Read Details / 14 days ago

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Shardul Amarchand Mangaldas Secures  ISO/IEC 27001:2022 Certification for Information Security
Shardul Amarchand Mangaldas Secures  ISO/IEC 27001:2022 Certification for Information Security

Shardul Amarchand Mangaldas & Co (SAM & Co), a leading Indian law firm, has achieved ISO/IEC 27001:2022 certification, which is the latest international standard for Information Security Management Systems (ISMS). 

The firm said the standard helps address evolving cybersecurity challenges cyberattacks, data breaches, and cloud risks, especially amid growing digitalisation and AI adoption.

Executive Chairman Dr Shardul S. Shroff highlighted the firm’s commitment to embedding global best practices, while IT Director Irshad Saifi pointed to collaborative efforts across teams to enhance AI, cloud resilience, and legal‑tech security. 

Read Details / 30 days ago

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Shardul Amarchand Mangaldas Becomes First Indian Law Firm to Fully Integrate Harvey AI Across All Offices
Shardul Amarchand Mangaldas Becomes First Indian Law Firm to Fully Integrate Harvey AI Across All Offices

Shardul Amarchand Mangaldas & Co. (SAM), one of India’s leading law firms, has announced a strategic partnership with Harvey AI, a cutting-edge artificial intelligence platform for legal professionals.

Through this collaboration, SAM aims to leverage Harvey AI’s advanced capabilities in legal research, document review, and drafting to enhance efficiency and deliver more innovative solutions to clients.

The firm stated that integrating Harvey AI will streamline workflows and enable lawyers to focus on complex, high-value tasks.

This move reflects SAM’s commitment to adopting technology-driven solutions in the evolving legal landscape.

Read Details / a month ago

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IndusLaw Partners with Global Firm CMS Following India’s Foreign Law Firm Liberalization
IndusLaw Partners with Global Firm CMS Following India’s Foreign Law Firm Liberalization

IndusLaw, a prominent Indian full-service law firm, has entered into a strategic partnership with CMS, a global legal powerhouse operating under the Swiss Verein model.  

This partnership comes after the Bar Council of India’s recent approval allowing foreign law firms to practice in India through a regulated reciprocal framework. 

The collaboration expands IndusLaw’s international presence while giving CMS access to India’s growing legal market.

Together, they aim to provide seamless cross-border legal services, combining their expertise to assist clients with complex matters. This development signals increased foreign law firm interest in India post-sector liberalization.

Read Details / a month ago

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Law Firm Fined $51K for Overworking and Underpaying Junior Lawyer
Law Firm Fined $51K for Overworking and Underpaying Junior Lawyer

A Melbourne-based law firm, Erudite Legal, has been fined over $51,000 for violating workplace laws under the Fair Work Act by forcing a junior lawyer to work extreme hours, including multiple 24-hour shifts and 79-hour weeks.

The lawyer, who was underpaid and denied personal time during family and medical emergencies, was also compelled to watch a film at 1 am to understand her boss’s “philosophical stance.” 

The Court found the firm’s actions constituted a repudiatory breach of contract and highlighted systemic issues of exploitation in the legal profession.

Despite orders, Erudite did not rectify payments and was eventually deregistered.

Read Details / 2 months ago

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Jindal Global Law School Launches Cyril Shroff Centre for AI, Law, and Regulation
Jindal Global Law School Launches Cyril Shroff Centre for AI, Law, and Regulation

Jindal Global Law School has launched India’s first dedicated Centre for AI Law and Regulation with a ₹15 crore endowment from Cyril Shroff and Cyril Amarchand Mangaldas. 

The centre will focus on research, policy advisory, curriculum development, and collaborations with government and international bodies to address ethical, legal, and policy challenges posed by AI.

It aims to support courts and regulators in shaping responsible AI governance and improving access to justice.

Its five-year plan includes AI-integrated legal education, global partnerships, and policy development in areas like finance, human rights, liability, and AI ethics.

Read Details / 2 months ago

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Trilegal Appoints Giya Diwaan as Chief Financial Officer
Trilegal Appoints Giya Diwaan as Chief Financial Officer

Trilegal has appointed Giya Diwaan as its new Chief Financial Officer. She brings over two decades of experience across finance, strategy, and business transformation.

A Chartered Accountant and IIM Lucknow alumna, Giya has previously held leadership roles at DreamFolks, EbixCash, Times Internet, and PwC, among others.

At Trilegal, she will oversee financial strategy, operational efficiency, and long-term fiscal planning to support the firm's continued growth and innovation.

Read Details / 2 months ago

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Cyril Amarchand Mangaldas Advises on ₹750 Crore Debt Issue by Sustainable Energy Infra Trust
Cyril Amarchand Mangaldas Advises on ₹750 Crore Debt Issue by Sustainable Energy Infra Trust

Cyril Amarchand Mangaldas acted as legal advisor to investors for the first-time issue of secured, listed, and rated non-convertible debentures by Sustainable Energy Infra Trust, worth up to ₹750 crore.

The funds were raised through a private placement to select investors, including Kotak Mahindra Bank and India Infrastructure Finance Company.

The money will be used to repay existing loans and cover issue-related costs.

More details / 3 months ago

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Scapia Secures $40 Million in Series B Funding; IndusLaw, River Law, SAM, Khaitan & Bombay Law Advised
Scapia Secures $40 Million in Series B Funding; IndusLaw, River Law, SAM, Khaitan & Bombay Law Advised

Scapia Technology Private Limited has raised $40 million in its Series B funding round led by Peak XV Partners, with participation from Elevation Capital, Z47, 3STATE Capital, and Tanglin Venture Partners.

IndusLaw advised Scapia, while River Law, Shardul Amarchand Mangaldas, Khaitan & Co, and Bombay Law advised the investors involved in the transaction.

The funds will be used to expand Scapia’s team, strengthen its product offerings, and integrate AI-driven solutions for a better customer experience.

Read Details / 3 months ago

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ITC to Acquire Century Pulp & Paper for ₹3,500 Crore in Slump Sale; Cyril Amarchand Mangaldas Advises
ITC to Acquire Century Pulp & Paper for ₹3,500 Crore in Slump Sale; Cyril Amarchand Mangaldas Advises

Cyril Amarchand Mangaldas advised ITC on its proposed acquisition of the pulp and paper business of Aditya Birla Real Estate, operated as Century Pulp & Paper (CPP), through a slump sale.

The deal is structured under a Business Transfer Agreement for a lump sum consideration of up to ₹3,500 crore on a cash-free, debt-free basis.

The acquisition is contingent upon obtaining necessary regulatory approvals, including clearance from the Competition Commission of India (CCI). 

The transaction marks a significant move in ITC’s strategic expansion in the paper and packaging segment.

Read details / 3 months ago

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Begur & Partners Advises Hatti Kaapi on Series A Investment Round
Begur & Partners Advises Hatti Kaapi on Series A Investment Round

Begur & Partners acted as legal counsel to Hatti Foods and Beverages Pvt. Ltd. and its promoters in a Series A equity investment by Claypond Capital Partners and Crest Opportunities Pvt. Ltd.

The transaction was led by Managing Partner Rajesh Begur, involved negotiation, legal due diligence, and execution of definitive agreements.

The investment facilitates corporate expansion and operational scalability, positioning Hatti Kaapi for further domestic and cross-border growth.

More details / 3 months ago

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Temasek, Alpha Wave, IHC Acquire 15% Stake In Haldiram At $10 B Valuation; Khaitan & Co. and JSA Advised
Temasek, Alpha Wave, IHC Acquire 15% Stake In Haldiram At $10 B Valuation; Khaitan & Co. and JSA Advised

Khaitan & Co. advised Haldiram Foods International Pvt. Ltd., Haldiram Snacks Pvt. Ltd., and the Agarwal family in the divestment of a 9% equity stake in Haldiram Snacks Food Pvt. Ltd. to Jongsong Investments Pte. Ltd., a special purpose vehicle of Temasek Holdings.

JSA represented Alpha Wave Ventures II LP and International Holding Company P.J.S.C. in acquiring an additional 6% stake through a secondary transaction.

The transaction reflects a $10 billion enterprise valuation and involved intricate legal structuring and cross-border regulatory compliance.

Read details / 3 months ago

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