The Supreme Court agreed to consider Reliance Industries Limited’s fresh request for conciliation in the Krishna-Godavari Basin gas migration dispute with the Central government, observing that an amicable settlement would be welcomed and the appeal could be disposed of if both sides successfully resolve the matter.
Cyril Amarchand Mangaldas advised JSW Energy Limited on acquiring an 8.33% stake in Toshiba JSW Power Systems Private Limited for INR 150 crore. The deal involved purchasing 34,69,59,135 equity shares from Toshiba Corporation and marked a investment for JSW Energy.
