The Supreme Court of India, by its judgment dated 27 May 2026, allowed the appeal filed by Amazon.com NV Investment Holdings LLC (Amazon) and set aside the orders of the National Company Law Appellate Tribunal (NCLAT) dated 13 June 2022 and the order of the Competition Commission of India (CCI) dated 17 December 2021.

The appeal arose from an arbitral dispute in which the appellant challenged an order of the Arbitral Tribunal rejecting an objection under Section 16 of the Arbitration and Conciliation Act, 1996.

We are pleased to announce that Phoenix Legal acted as the legal counsel for existing investor Nexus Venture Partners in relation to its investment in the 56 million$ Series D Funding round of Maestroedge Solutions Private Limited (Snabbit), a quick service app providing on-demand home services, co-led by Susquehanna Venture Capital (SIG) and Mirae Asset Venture Investments. With this fresh capital infusion, Snabbit plans to expand into new cities, deepen the penetration in existing markets, and strengthen its technology and operational infrastructure as it scales up to meet rising demand in the segment. The Phoenix Legal team was led by Ashima Dewan (Partner) along with Shrishti Sharma (Senior Associate) with strategic inputs from Sumit Sinha (Partner).

We are delighted to announce that Phoenix Legal has been recognised in the Benchmark Litigation Asia-Pacific 2026 rankings across multiple practice areas. In addition, our firm has been acknowledged as a Highly Recommended Firm in both New Delhi and Mumbai. We are also proud to share that our Partners Gautam Bhatikar, Zoeb Cutlerywala, Gaurav Dudeja, and Shivani Sinha, have been recognised as Litigation Stars, while Partners Neha Naik and Aman Avinav have been named Future Stars. We sincerely thank our clients for their trust and our team for their dedication and hard work in achieving this recognition.