The Supreme Court has ended India’s first corporate class action by referring the Jindal Poly Films dispute to arbitration. The move has sparked concerns over whether the rights of nearly 40,000 public shareholders can be affected through a settlement involving a substituted petitioner.
CMS INDUSLAW advised Anveshan on its Rs.150 crore Series B fundraise led by Vertex Ventures and IFC Co-Invest, with participation from Swiggy co-founder Sriharsha Majety and existing investors. The funding round marks a significant milestone for Anveshan Farm Technologies, attracting strong investor interest and supporting the company’s future growth and expansion plans.
S&A Law Offices advised AI Assets Holding Limited (AIAHL) on the successful sale and transfer of Mumbai’s iconic Air India Building at Nariman Point to the Government of Maharashtra through the Governor of Maharashtra. The landmark transaction was completed for a total consideration of Rs.1,601 crore, marking one of Mumbai’s most significant real estate deals in recent years.
