Read the article 'Not All Disputes Are Amenable To The Jurisdiction Of Electricity Commission: PPAs Cannot Be Terminated During Moratorium' authored by Aditya K Singh, Associate Partner and Anukriti Jain, Senior Associate published on Live Law.
"This Judgment will give a positive message to the power sector. Because similar clauses of the Events of Default are present in all PPAs and this was always a concern of the developers/lenders/investors that if company goes under insolvency proceedings, this clause will make life tougher for the generator."
Read the full article here.
Elated to share that Link Legal has been featured among this year’s winners of India Business Law Journal's 50 landmark deals and disputes for 2020.
The Firm’s deal “Schneider, Temasek’s acquisition of Larsen & Toubro”, has been featured as one of the Deals of the Year 2020 under M&A and Joint Ventures.
Heartiest congratulations to Vinu Peter Immanuel (Associate Partner) who led this transaction along with a team comprising Aditi Sharma (Associate), Anubhuti Bhardwaj (Associate), Lipika Ahuja (Associate) and Shreya Chaturvedi (Associate).
Check it out here.
Read the article ‘Realm of Public Policy and Enforcement of Domestic Arbitral Award’ authored by Abhinav Agnihotri, Associate Partner and Kumar Karan, Associate published on Latest Laws.
"The ground of public policy for setting aside of an award seems well settled in terms of the 2015 Amendment to the 1996 Act and the judgement of the Supreme Court in Venture Global Engineering and Ssangyong Engineering. The very nature of adopting an alternate means of dispute resolution is to minimise the interference of the Courts and provide more autonomy to the parties. The jurisprudence in the Indian scenario has come far and now it appears to be in consonance with the spirit to promote the alternate means of dispute settlement."
Read the full article here.
Check out our latest Corporate Legal Developments Newsletter.
The February issue discusses the key developments in the Corporate law covering some of the significant and latest updates by MCA, RBI, SEBI & FEMA. Also, find out some recent announcements and #developments in the firm and more.
Read the full newsletter here.
Read the expert views of our Managing Partner, Atul Sharma on the current state of the construction sector and the measures needed to revive the industry published in Indian Infrastructure, February 2021 issue.
"There needs to be a complete revamp of the contracting system. Contracts need to be structured in a standardised manner, where risk allocation is fair."
Read more here.
Link Legal is delighted to be featured as a Ranked Law Firm in Media Law International 2021, the specialist guide to the world’s leading firms for media law.
Check out the rankings here.
Read the expert opinion of our Partner and Head - China Desk, Santosh Pai published on Outlook India in its story "India-Taiwan Business Cannot Be Built On An Anti-China Platform".
"Investments have to be preceded by growing trade volumes. Chinese investments into India came in only after bilateral trade volumes rose dramatically. There is more to developing business ties with Taiwan than wishful thinking about cutting China down to size."
Read the full story here.
Our February 2021 Arbitration Newsletter is now live!
In the current issue, read the article on Realm of Public Policy and Enforcement of Domestic Arbitral Award, important case notes and some of the recent significant #developments at the Firm.
Read the full newsletter here.
Read the article "Lack of Restitution Clause in Solar PPAs Must Not Lead to Rejection of Carrying Costs Claims" authored by our Regulatory Associate Partner, Aditya K Singh published on Mercom India.
"Electricity Commissions should not blindly rely on the Supreme Court judgment but exercise their regulatory power, read with other dictums of the Supreme Court. However, this does not mean that the Electricity Commissions should allow carrying costs in all cases, but they should exercise their power to allow it on a case-to-case basis. They should also take into consideration the conduct of the parties so that procurers/DISCOMS should not be burdened for the negligence of the generators."
Read the full article here.
Sarvagram, a company providing financial services and allied interventions to improve the productivity of individuals and small enterprises in rural and semi-urban India using technology, has raised its second round of funding of INR 77 Crores led by Elevation Capital along with pro-rata participation from existing investor Elevar Equity.
The transaction was led by our Co-Managing Partner Nusrat Hassan, Associate Partner Yosham Vardhan, Senior Associate Ankit Agarwal and Associate Abhinav Anand.
The deal has also been reported in various other media publications. Check out the coverage here.
