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Editorial

Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

WHHPL v NHAI

New Delhi, 31st August 2019: West Haryana Highways Projects Private Limited (a Special Purpose Vehicle of Era Infra Engineering) was awarded a Concession Agreement by NHAI on DBFOT Toll basis for widening of existing two lane highway and also constructions of two new bypasses. Although WHHPPL substantially completed the work and Toll was stared in 2014, NHAI was not declaring the completion. Also WHHPPL suffered huge losses due to Project overrun including threat from Banks/Financial Institution w.r.t Insolvency Proceedings (needless to reiterate one such proceedings under I&B Code filed by Bank of Baroda (erstwhile Dena bank) was recently rejected by Principal Bench, New Delhi). It was the case of WHHPPL that NHAI failed to adhere to the terms of CA in fulfilling its obligation of handing over of land. The Arbitral Tribunal passed an Award in favor of WHHPPL inter alia agreeing with the contentions of WHHPPL and also held that NHAI was in breach of the CA. The Tribunal passed an award (including interest) of Rs.750 Crores in favor of WHHPPL.

Singh & Associates' (S&A) Founding Partner, Manoj K Singh, awarded with ‘Special Recognition...

Singh & Associates' (S&A) Founding Partner, Manoj K Singh, awarded with ‘Special Recognition for Service to the Legal Profession’ at Achiever’s Awards 2019

New Delhi, 27th August 2019: Singh & Associates’ (S&A) Founding Partner, Manoj K Singh, was recognized and awarded with ‘Special Recognition for Service to the Legal Profession’ at Achiever’s Awards 2019 organised by Legal League Consulting held at Taj Mansingh, New Delhi, India. He was felicitated for his support to the legal profession.

GSTing till 2019 and ahead!!

With the implementation of GST two years back, India has seen one of the biggest tax reforms for the growth and revival of its economy. Post the journey of peaks & troughs, the GST regime is finally settling in to the needs of business cycle. The Government, with the theme of promoting ‘Ease of Doing Business’, is trying hard to make this reform simpler, business friendly and transparent in its functioning. Such measures can also be seen during this year’s budget speech of our Hon’ble Finance Minister, wherein announcements were made towards the simplification of GST.

Ld’ Adjudicating Authority dismisses the Application under Section 7 by ICICI Bank against Hyderab

Ld’ Adjudicating Authority dismisses the Application under Section 7 by ICICI Bank against Hyderabad Ring Road Projects Private Limited a Special Purpose Vehicle related to Era Infra Engineering Limited.

Post Marketing Surveillance of Drugs

Post marketing surveillance is performed after market approval/clinical trials of drugs in India. The regulatory framework for conducting clinical trials of drugs is provided under the Drugs and Cosmetics Act, 1940 (“Act”) and the Drugs and Cosmetics Rules, 1945 (“Rules”). Further, Part X-A and Schedule Y of the Rules specifically deal with the statutory provisions applicable for clinical trial of drugs in India. Schedule Y divides Clinical trial of drugs into 4 Phases, namely, Human Pharmacology (Phase-I), Therapeutic exploratory trials (Phase-II), Therapeutic confirmatory trials (Phase III) and Post Marketing Trials (Phase-IV).

SEBI’s Jurisdiction | Analysis of the Supreme Court judgment in the Sahara case

November 2012 - Corporate & Commercial. Legal Developments by Khaitan & Co..

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The Securities and Exchange Board of India (SEBI) is responsible for investor protection and development and regulation of the securities market in India. The scope of SEBI’s jurisdiction over the issue of securities by public companies is an important issue. This issue was recently considered by the Supreme Court in Sahara India Real Estate Corporation Ltd. and Ors. v. Securities and Exchange Board of India and Anr., MANU/SC/0702/2012; (2012) 8 SCALE 101. This article analyses this judgment and its implications.

Options – Not a Part of History Yet

November 2011 - Corporate & Commercial. Legal Developments by kanga & co.

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At the time when India is completing two decades of the economic liberalization there are several laurels which the policymakers can boast of.  The path-breaking shift from the license-raj to a regime focusing on regulation introduced by the Government of India in the landmark year 1991 have been continued through further economic reforms and the same has also found support from the regulators and the market players.

Franchising in India

June 2010 - Corporate & Commercial. Legal Developments by kanga & co.

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In the last two decades, India has witnessed a sea change in its foreign investment policy resulting in it being one of the most preferred investment destinations. With growing globalisation and liberalisation, brand awareness has been created in the Indian masses and today India is the one of the biggest and fastest emerging markets for various businesses across the world. Being geographically vast and culturally diverse, India offers the most favorable franchising environment with a huge consumer market. Franchising in this respect has managed to pick up as a successful business module for local companies in India.

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