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Mahagun Group Secures Insolvency Relief to Resume Noida Project Amid IDBI Settlement, ETLegalWorld

Mahagun gets insolvency relief as NCLT clears settlement with IDBI Trusteeship New Delhi: Mahagun Group has entered into a settlement with IDBI Trusteeship Services that had initiated insolvency proceedings against the real estate developer, giving hope to homebuyers associated with its ongoing project in Noida. The National Company Law Tribunal (NCLT) on February 17 allowed […]

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A Major Blow to His Economic Agenda, ETLegalWorld

Supreme Court strikes down Trump’s tariffs, upending central plank of economic agenda The Supreme Court struck down President Donald Trump‘s far-reaching global tariffs on Friday, handing him a significant loss on an issue crucial to his economic agenda. The 6-3 decision centers on the tariffs Trump unilaterally imposed under an emergency powers law, including the

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A Game Changer for Foreign Firms in India, ETLegalWorld

Jane Street’s privilege ruling could reshape legal advice for foreign players in India From cross‑border trading structures to in-house emails, Jane Street’s review petition in the Supreme Court has turned a tax dispute into a test case on whether internal legal communications in India will be treated as privileged. The decision could shift how financial‑services

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Saraf, Khaitan guide L&T Power’s INR 6,889 cr divestment of thermal power asset to Torrent Power, ETLegalWorld

Saraf, Khaitan guide L&T Power’s INR 6,889 cr divestment of thermal power asset to Torrent Power Saraf and Partners has advised Larsen & Toubro Power Development, a wholly owned L&T subsidiary, on the INR 6,889 crore sale of its 1,400 MW Nabha Power Plant, a supercritical coal plant in Punjab to Torrent Power, which was

Saraf, Khaitan guide L&T Power’s INR 6,889 cr divestment of thermal power asset to Torrent Power, ETLegalWorld Read More »

A Critical Deal Variable in India’s Business Landscape, ETLegalWorld

ET JSA Boardroom Connect On 13 February in New Delhi, leading legal and governance leaders from sectors including infrastructure, healthcare, energy, real estate, manufacturing, FMCG and private equity gathered at the ETLegal JSA Boardroom Connect roundtable to examine how Indian companies can navigate heightened enforcement, fragmented regulation and digital risk in what participants repeatedly described

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SC backs Karnataka’s decision to seize JSW Steel’s ₹128 crore performance bonds, ETLegalWorld

SC backs Karnataka’s decision to seize JSW Steel’s ₹128 crore performance bonds The Supreme Court Wednesday refused to stay the Karnataka government’s direction to banks to forfeit JSW Steel’s ₹128 crore performance securities. The state’s mines and geology director had issued the direction to banks citing the company’s failure to meet minimum production requirement of

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Indian Crypto Users Face New Tax Transparency Rules as Foreign Exchanges Must Comply with CARF, ETLegalWorld

Illustrative image From April 2027, a global reporting regime will require foreign platforms to share detailed transaction data with India, stripping offshore trading of the anonymity that once made it attractive and forcing both users and exchanges into a far more transparent system. The OECD’s Crypto-Asset Reporting Framework (CARF) enables automatic exchange of information between

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Supreme Court to Secure Byju’s 25.7% Stake in Aakash Dispute, ETLegalWorld

Aakash undertakes in SC to secure 25.7 pc Byju’s shares in rights dispute New Delhi, The Aakash Educational Services Ltd (AESL) on Tuesday undertook in the Supreme Court that 25.7 per cent of the edutech major Byju’s stake in Aakash shall remain secured till the disposal of a pending petition before the National Company Law

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Is Law Going Digital? Insights from Hemant Kumar on the Future of Legal Practice, ETLegalWorld

Hemant Kumar The legal profession is in the midst of a profound transformation. Rapid digitalisation, emerging technologies, complex regulatory regimes and globalisation are reshaping not just legal practice, but what organisations expect from their legal teams and leaders. On 13–14 March 2026, the 3rd edition of the Global Legal Convention 2026 will take place at

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