Jet-Etihad deal – more clarity on “Control”
By Mehreen Zafar Securities and Exchange Board of India (“SEBI”) passed an Order[2] dated 08 May, 2014 concerning the matter of acquisition of shares of Jet Airways (India) Limited (“Jet“) by Etihad Airways PJSC (“Etihad“).
Guidelines for speedy disposal of cheque bounce cases
By Durgesh S. Singh In a recent judgment[1], the Supreme Court has laid down certain directions to criminal courts for speedy and expeditious disposal of cases falling under Section 138 of the Negotiable Instruments Act,
Maharashtra Housing (Regulation & Development) Act 2012: Overview – Part II
By Shiju. P.V One of the main reason for the repeal of MOFA[1] was the lack of an effective regulatory arm to implement its provisions. As a result, flat buyers can only approach the consumer forums
Maharashtra Housing (Regulation & Development) Act 2012: Overview – Part I
By Shiju P.V. With the Presidential assent to Maharashtra Housing (Regulation and Development) Act 2012 (the “Act”)[2] in February this year, the State is all set to establish a new authority to regulate the housing
Clause 49 of Listing Agreement : Overview
By Shiju. P.V Securities and Exchange Board of India (“SEBI”) has overhauled the existing Clause 49 of the Listing Agreement and replaced it with a revised Clause 49 (the “New Clause” or the “Clause”)[2]. The
Lenders beware, the property is leased
By Shiju. P. V The Supreme Court has given a very important judgement last week where the Court considered the validity of leases created on mortgaged property. The Court has examined whether the provisions of