M1xchange, run by Mynd solutions Pvt. Ltd., has raised a Series-A round of venture capital from Mayfield India and SIDBI Ventures. — The Economic Times Economic Laws Practice (ELP) advised Mayfield India II Limited led by a team of partner Shyam Pandya , associate manager Alysha Razvi , associate ma...

One of the fundamentals of a good law is that it must lead to adequate compliance by the target citizenry that it seeks to govern. The prerequisite for such compliance includes, but is not limited to, the temporal relevance that it holds in the society. Unless the discourse of law adjusts itself organically to the ever increasing and changing needs of the society, it would be relegated as an anachronism. This holds much more relevance in a dynamic information technology driven society that we are a part of today.

Verus Advocates partner Siddharth Bhavnani has joined start-up Grofers as its first general counsel (GC).

Verus advised the Competition Commission of India (CCI) in Coal India’s Competition Appellate Tribunal (COMPAT) appeal against the CCI’s order penalising Coal India Rs 1,773 crore. Shardul Amarchand Mangaldas was advising Coal India. Verus partner Rishad Ahmed Chowdhury briefed senior counsel Pallav...

Verus advised refrigerated container-operator ColdEX on its fundraising from Asia Climate Partners which was advised by AZB & Partners.

Verus Advocates and five other Delhi lawyers managed to mobilise Delhi citizens’ money to fund around 160 blankets to the city’s homeless population, this month. The initiative was led by advocate Sahil Bhalaik in collaboration with two friends from the social sector.

Verus has added independent legal consultant Roochi Tripathy as a partner in Mumbai to focus solely on advising emerging businesses.

Mid-sized national law firm VERUS seeks a corporate associate in New Delhi with between two and three years of post qualification experience (PQE).

Verus won an order lifting the city-wide Mumbai ban on the sale of meat that was imposed by the government in solidarity with the Jain fasting period.

Verus Advocates has promoted disputes partner Charles De Souza to its partnership, as one of its senior partners Jay Parikh has left the firm.

Verus has hired former Dua Associates and Tatva Legal manager Siddharth Bhavnani as a partner in Delhi. He will join the firm from 1 October, specialising in M&A, joint ventures and real estate. Bhavnani obtained his undergraduate in law from the University of Leicester in 2006, and then worked...

Kingfisher Airlines, advised by Agarwal Law Associates, lost in the Supreme Court yesterday after its special leave petition against last week’s Calcutta high court order , as reported by Legally India , was dismissed in the beleaguered operator’s wilful default battle with the United Bank of India ...

Verus advised the United Bank of India (UBI) which won in the Calcutta high court yesterday against Kingfisher Airlines. The high court dismissed Kingfisher’s appeal against a single judge order disallowing Kingfisher’s request for legal representation in wilful defaulter notice served on the Airlin...

Verus advised Aditya Birla Retail on its Rs 500 crore unsecured, unlisted, redeemable non-convertible debentures issued to Yes Bank. The investors were advised by Wadia Ghandy. Verus partner Jay Parikh and associate Aastha Khurana acted for Aditya Birla. Wadia Ghandy partner Nihaas Basheer acted for...

Verus Advocates Mumbai partner Jay Parikh, assisted by associates Aastha Khurana, Rashna Jehani and Priyanka Devgan, acted for Hyderabad-based Sagar Cements which sold 47 per cent of its Vicat Sagar Cement to an affiliate of its French joint-venture partner Vicat Group for Rs 435 crore . MNK Law Del...

Verus Advocates partner Jay Parikh explains why the Reserve Bank of India recently announced it won’t dictate valuation of shares for foreign investors anymore.

The Competition Commission of India (CCI) has appointed its first formal panel of external legal advisers and six firms, with start-up law firms Advaya Legal making the cut in Mumbai, Canpisce & Co and Verus Advocates in Delhi, and Fox Mandal & Co winning the mandate to advise in the High Court of Calcutta.

Verus advised India-based leading global wind-power company and longstanding client Suzlon Energy (Suzlon) in the Rs 160 crore ($40m) sale of its 58 MW wind-farm Suzlon Engitech to an undisclosed purchaser, which was advised by Desai & Diwanji.

Exclusive: Barely one-year-old start-up Verus Advocates will convert to equity partnership tomorrow with Bharucha & Partners corporate senior associates Dipankar Bandyopadhyay and Jay Parikh joining in Mumbai, while litigators Rishad Chowdhury and Sourav Bhagat will join in Delhi and Kolkata respectively.

Exclusive: The Andhra Pradesh writ petition filed by the brother of late South Indian actress Silk Smitha against the movie loosely inspired by her life, The Dirty Picture, has been dismissed in favour of the movie’s producer Balaji Motion Pictures, represented by Naik Naik & Co, and the Censor Board, represented by Verus Advocates recently joined Hyderabad partner.