News

NCLAT judgment in Amazon-Future case sends a strong message, say experts
  • moneycontrol.com - 14-06-2022

Our Partner, Ritika Ganju shares her views in conversation with moneycontrol on the recent National Company Law Appellate tribunal (NCLAT) judgment where it upheld the CCI's decision to keep in abeyance the regulatory approval for a 2019 investment deal between Amazon and Future Coupons Pvt Ltd.

Read More

Insolvency cases: FinMin rolls out mechanism to cut delays in filing of claims by GST, Customs authorities
  • Business Line - 31-05-2022

Recently the Central Board of Indirect Taxes & Customs (CBIC) has released a mechanism to enable GST and Customs authorities to submit their claims in a timely manner. These claims are against corporates undergoing the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code. Our Associate Partner, Neha Naik shares her views on this recent update in conversation with BusinessLine.

Read More

Piramal eligible to bid for RCap's general and health Insurance biz, says legal expert
  • ETBFSI - 31-05-2022

Catch our Associate Partner Akshay Sachthey in conversation with ETBFSI, sharing his thoughts on IRDAI’s recent concerns over the Piramal group’s bid for Reliance Capital.

Read More

TARC raises Rs 1,330 crore from Bain, pays off entire debt
  • The Economic Times - 30-05-2022

Phoenix Legal advised TARC Limited, a public listed company and one of the leading real estate developers in Delhi NCR, on raising an amount of INR 1,330 crores from a fund of Bain Capital, through issuance of secured, redeemable non-convertible debentures (listed and unlisted). The Phoenix team comprised of our Co-Founding Partner Saket Shukla, Partner Harsh Arora, Associate Partner Akshay Sachthey , Principal Associate Aishwarya Samanta, Associates Nishit Chopra, Ushahi Nan and Amogh Sharma.

Read More

Indian Law Firm Awards 2022
  • India Business Law Journal - 27-05-2022

We are pleased to share that our practice areas have been recognised at the Indian Law Firm Awards 2022 by India Business Law Journal.

Read More

Howden Group gets IRDAI approval to raise shareholding in Howden India to 100 %
  • Business Line - 25-05-2022

Phoenix Legal advised the Howden Group in raising its stake in Howden Insurance Brokers India Private Limited from 49% to 100%, acquiring the 51% stake previously held by the Indian promoters. Howden is the largest European insurance intermediary group in the world and the largest outside the US, managing premiums of more than £10bn.

Read More