DeJure Vol 3 – Tariff Tango – How USA Trade Policies Dance with Indias Economy
The U.S. President’s recent order imposing a 26% tariff on imports from India—currently suspended until July 2025—has sparked economic uncertainty. This article examines the tariff’s potential impact on Indian exports, inflation, FII outflows, and sector-specific effects, while also analysing India’s monetary response, global trade dynamics, and the urgent need for bilateral negotiations to safeguard national interests.
DeJure Vol 2 – The Maharashtra Stamp (Amendment) Ordinance 2024 – Impact on Arbitration Awards
The Maharashtra Stamp (Amendment) Ordinance, 2024 introduces a steep ad valorem stamp duty on arbitral awards, significantly increasing costs for award holders and potentially disincentivising arbitration in the state. This update examines the key provisions, legal implications, and comparative frameworks—raising critical questions about enforceability, access to justice, and Maharashtra’s future as a preferred arbitration seat.
Advising Bankit Services and Shareholders on Strategic Acquisition by Findi Ltd’s Indian Subsidiary
We advised Bankit Services Private Limited and its selling shareholders on the full acquisition of the company by Transaction Solutions International (India) Pvt. Ltd., a subsidiary of ASX-listed fintech firm Findi Ltd. The deal marks a significant strategic investment in India’s digital payments space.
Bombay High Court Upholds Rejection of Interim Relief in Favour of Probability Sports (India) Pvt. Ltd.
We successfully represented Probability Sports (India) Pvt. Ltd. before the Bombay High Court, where the Division Bench upheld the denial of interim relief to Jupicos Entertainment Pvt. Ltd., affirming that the claim was delayed, the agreement was terminable, and damages—not specific performance—were the appropriate remedy.
Advising on ₹987.26 Crore Rights Issue of Lloyds Engineering Works Limited
We acted as Legal Counsel to Lloyds Engineering Works Limited and Lead Manager Mark Corporate Advisors Private Limited in the ₹987.26 crore Rights Issue of the company, supporting the transaction with comprehensive legal advisory and execution oversight.
Representing Khavda IV C Power Transmission Ltd. in Land Acquisition Writ Before the Bombay High Court
We represented Khavda IV C Power Transmission Limited before the Bombay High Court in a writ petition concerning land acquisition challenges. The matter involved complex issues of public interest, land rights, and infrastructure development, with our team effectively advising and appearing on behalf of Khavda throughout the proceedings.
ITD Cementation Ltd. vs R.P. of Essar Projects and Construction Co.
Represented the Operational Creditor in an application against the resolution professional for partial rejection of claim of the OC
Advising the Resolution Professional in the Consolidated Insolvency of Darshan Developers and Group Entities
We recently acted for a client, Mr Jayesh Sanghrajka, Resolution Professional of Darshan Developers Private Limited and 10 other consolidated corporate debtors ("Client").
