Khaitan & Co advised Fullife Healthcare Private Limited, the company behind leading wellness brands Fast&Up and Chicnutrix, in securing a Rs.300-crore Series D round from Elev8 Venture Partners and its affiliates, supporting the company’s continued expansion and growth.
The National Company Law Appellate Tribunal (NCLAT) dismissed Jindal Poly Films Limited’s appeal challenging the National Company Law Tribunal (NCLT) order admitting a shareholder class action petition and directing issuance of public notice under the Companies Act, 2013, affirming continuation of class action proceedings.
The Supreme Court instructed Sahara Group to disclose its leadership, shareholders, and unencumbered properties for a Rs 10,000 crore refund. The court emphasized the need for a practical solution to refund investors after over a decade. Noting Sahara’s failure to deposit the full amount, the court allowed property sales to meet the refund obligation.
