News

• Business Line - 03-01-2023

In an effort to facilitate strategic disinvestment, the Finance Ministry has said a listed public sector undertaking will continue to be exempt from Minimum Public Shareholding (MPS) norm for a ‘specified period’, even after change of control. For a listed company, the norm is that it must maintain a minimum public shareholding of 25 percent. Our Co-founding Partner Sawant Singh shared with businessline that the amendment introduces an explanation to clarify that despite a change in control, the exemption would continue to apply.

• Chambers and Partners - 23-12-2022

We are pleased to share that Chambers and Partners have ranked several of our practice areas in their Asia Pacific Guide 2023.

• Chambers and Partners - 22-12-2022

We are pleased to share that our Co-founding Partners Abhishek Saxena, Sawant Singh and Partner Pallavi Bedi have been ranked by Chambers and Partners in their Asia Pacific Guide 2023.

• Financial Express - 16-12-2022

Recently, we have seen top companies like Nestle, Hindustan Unilever Limited and Google voluntarily restricting marketing of their products to children. These announcements come amid increased scrutiny on how food and beverages companies market products high in salt, sugar and fat to young consumers. Our partner Pranav Srivastava shared with Financial Express (India) his views on regulations in India that impose restrictions on advertisers regarding commercials that condone or encourage dangerous behavior or detrimental practices in kids and what is missing.

• Business Line - 30-11-2022

Our partner Jatin Arora recently shared his views with businessline on issues related levy of GST on Crypto assets.

• Business Line - 23-11-2022

Our Partner, Jatin Arora, shared his thoughts on the Central Board of Indirect Taxes & Customs (CBIC) decision to not seek review petition against the Supreme Court ruling quashing the IGST levy on ocean freight.