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1. Argus Partners hires Corporate Partners Saurav Kumar, Swathi Sreenath and team from CMS IndusLaw

Argus Partners hires Corporate Partners Saurav Kumar, Swathi Sreenath and team from CMS IndusLaw CMS IndusLaw long-time Partner Saurav Kumar is joining Argus Partners as a Senior Partner in the firm's

Argus Partners hires Corporate Partners Saurav Kumar, Swathi Sreenath and team from CMS IndusLaw

Argus Partners hires Corporate Partners Saurav Kumar, Swathi Sreenath and team from CMS IndusLaw CMS IndusLaw long-time Partner Saurav Kumar is joining Argus Partners as a Senior Partner in the firm's Corporate & M&A Practice and as Head of the Japan and South Korea Desk. Swathi Sreenath is also joining as a Partner in the Corporate and M&A Practice and will be an integral part of the firm's Japan and South Korea Desk. Kumar and Sreenath will be joined by their entire team and will be based out of the firm's New Delhi office. On this development, Argus Managing Partner Krishnava Dutt said, “We look forward to welcoming Saurav and Swathi to Argus. Japan and South Korea have long been, and remain, among the firm's core focus jurisdictions, and their appointment reflects our commitment to meaningfully build out our capabilities across these markets as we deepen our engagement in the years ahead. Their joining would also significantly strengthen the firm's Corporate & M&A practice.” Kumar has over two decades of experience, with a practice spanning mergers and acquisitions, strategic alliances, private equity investment, joint ventures and corporate governance. He has advised multinationals, Indian public and private companies, funds and consulting firms on structuring complex inbound, outbound, domestic and cross-border transactions across a wide range of sectors. In addition to Japan and South Korea, Saurav has represented clients across multiple jurisdictions, including the United States, the United Kingdom, Europe, the Middle East, Australia and Singapore.

2. Inability to prove exact quantum of loss does not bar award of compensation: Bombay High Court

Inability to prove exact quantum of loss does not bar award of compensation: Bombay High Court Inability to prove the precise quantum of loss does not prevent an award of compensation if the fact of l

Inability to prove exact quantum of loss does not bar award of compensation: Bombay High Court

Inability to prove exact quantum of loss does not bar award of compensation: Bombay High Court Inability to prove the precise quantum of loss does not prevent an award of compensation if the fact of loss is proven, the Bombay High Court recently held [Ultra Distributors Pvt Ltd v. In a judgment delivered on August 29, Justice Arif S Doctor directed Dhariwal Films Pvt. Ltd. to pay around ₹1.9 crores as damages to Ultra Distributors Pvt. Ltd. in a long-pending copyright dispute over the movie ‘Nehle Pe Dehla’. “Just because in a given case the Plaintiff is unable to prove the precise quantum of loss or damages with exactitude, that would not, in an appropriate case, preclude an award of damages where the fact of loss is established and the available evidence furnishes a reasonable basis for the assessment of damages,” the judgment stated. The Court held that Dhariwal Films engaged in blatant commercial dishonesty and cheating by assigning the exact same video rights to multiple entities. “The record plainly discloses that Defendant No. 1 has, at different points in time, taken different and plainly contradictory stands with regard to the creation of competing rights in favour of the Plaintiff and Defendant No. 2 in respect of the same Film... This, in my view, speaks volumes in respect of the lack of credibility and commercial dishonesty on the part of Defendant No. 1,” the Court held. In 2005, Ultra had entered into an assignment agreement with Dhariwal Films to acquire exclusive video, cable TV and video-on-demand rights of Nehle Pe Dehla for eight years. Ultra paid ₹10.01 lakh upfront out of the total ₹42.51 lakh consideration.

3. Shardul Amarchand Mangaldas acts on Union Bank of India $600 million senior notes issuance

Shardul Amarchand Mangaldas acts on Union Bank of India $600 million senior notes issuance Union Bank of India, acting through its Dubai International Financial Centre branch, has made an issuance of

Shardul Amarchand Mangaldas acts on Union Bank of India $600 million senior notes issuance

Shardul Amarchand Mangaldas acts on Union Bank of India $600 million senior notes issuance Union Bank of India, acting through its Dubai International Financial Centre branch, has made an issuance of $600 million senior unsecured notes in two tranches. Shardul Amarchand Mangaldas & Co advised Union Bank of India on this bond issuance. The transaction was led by Shubhangi Garg (Partner), with support from Ankeeta Parhi (Principal Associate), Sandeep Grewal (Senior Associate) and Dhwanit Rathor (Associate). Gouri Puri (Partner) and Nimish Malpani (Principal Associate) advised on tax law aspects. The issuance comprised $300 million 5.230% Senior Unsecured Notes due 2029 and $300 million 5.417% Senior Unsecured Notes due 2031. The Notes were offered to eligible investors outside the United States in accordance with Regulation S under the U.S. If you would like your Deals, Columns, Press Releases to be published on, please fill in the form available here.

4. Trilegal, Quillon Partners act on Tynor securing $200 million investment from Kedaara Capital

Trilegal, Quillon Partners act on Tynor securing $200 million investment from Kedaara Capital Kedaara Capital has made a strategic investment of $200 million in Tynor Orthotics Private Limited, acquir

Trilegal, Quillon Partners act on Tynor securing $200 million investment from Kedaara Capital

Trilegal, Quillon Partners act on Tynor securing $200 million investment from Kedaara Capital Kedaara Capital has made a strategic investment of $200 million in Tynor Orthotics Private Limited, acquiring a majority stake in Tynor. Trilegal advised Tynor, its promoters, professional management team, as well as existing stakeholder Lighthouse Funds in relation to this transaction. The transaction was led by Amit Khansaheb (Partner), Vishruta Kaul (Partner) and Pratyush Singh (Partner), with support from Aayush Sood (Counsel), Advaye Sawhny (Senior Associate), Neha Koppu (Senior Associate), Associates Mukund Agarwal, Akshat Jain and Rohan Tolani. Rahul Arora (Partner), Yashasvi Gupta (Senior Associate) and Shivek Jhanda (Consultant) advised on real estate law aspects.. Quillon Partners advised Kedaara Capital on this investment. The transaction team was led by Ankit Majmudar (Partner) and Shriti Shah (Partner). Founded in 1993, Tynor specialises in orthopaedic supports, mobility aids, rehabilitation and sports performance enhancement solutions with an extensive reach spanning over 300,000 retail outlets and 8,000 hospitals across 60 countries. Singh, to deepen the brand’s reach across India, expand its presence in international markets, and invest in world-class, efficient manufacturing.

5. Vinayak Savarkar did not hate Muslims, wanted their progress: Savarkar kin to Pune court

Vinayak Savarkar did not hate Muslims, wanted their progress: Savarkar kin to Pune court Leader of Opposition (LoP) Rahul Gandhi falsely depicted Hindutva ideologue Vinayak Damodar Savarkar as an extr

Vinayak Savarkar did not hate Muslims, wanted their progress: Savarkar kin to Pune court

Vinayak Savarkar did not hate Muslims, wanted their progress: Savarkar kin to Pune court Leader of Opposition (LoP) Rahul Gandhi falsely depicted Hindutva ideologue Vinayak Damodar Savarkar as an extreme hater of Muslims and a mob lyncher, Savarkar's grandnephew Satyaki Savarkar told a Pune court on Tuesday [Satyaki Savarkar v. Satyaki said that Vinayak Savarkar did not hate Muslims as claimed by Gandhi; rather he wanted their progress, Satyaki said. Satyaki was testifying as part of the trial in the criminal defamation case filed by him against Gandhi for the latter's speech in London in 2023 in which he allegedly referred to an incident described in Savarkar’s writings. Rahul Gandhi reportedly claimed that Vinayak Savarkar, along with others, had assaulted a Muslim man and found the act “pleasurable.” Satyaki’s criminal complaint in Pune court alleged that Gandhi’s speech was highly defamatory. Satyaki is currently being cross-examined in the matter by Gandhi's lawyer. In his cross examination, Gandhi’s counsel, advocate Milind D Pawar, asked Satyaki on Tuesday to recount the exact defamatory words used by Gandhi. Satyaki then recounted how Gandhi claimed Savarkar had written a book in which he and couple of his friends were described beating a Muslim man and found the same to be enjoyable. Satyaki vehemently rejected this characterisation. “By these words, Savarkar was portrayed as an extreme hater of Muslims and as a mob lyncher.

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