a

Facebook

Twitter

Copyright 2015 Libero Themes.
All Rights Reserved.

10:00 - 18:30

Our Opening Hours Mon. - Sat.

9988198265

Call Us For Free Consultation

Facebook

LinkedIn

Search
Menu
Free Evaluation
logo
Free Evaluation
mobile logo
 

Author: legacy

Legacy > Articles posted by legacy (Page 4)
05 June
0 Comments
Sticky

Boosting Infrastructure – Budget 2022-23

Posted by legacy
in Published Articles

To read the Article on AsiaLaw, click here   It would be apt to term the Budget, 2022-23 presented by the Hon’ble Finance Minister as “Atmanirbhar Bharat- Revisited”. Notably, the “Budget 2022” has been welcomed warm heartedly by the Infrastructure Industry. It has been heartening to see that the Government has made an attempt to deliver a “nation-building Budget” which primarily focusses on “core infrastructure” which is important for economic growth. It is clear that emphasis has been specifically laid on the Infrastructure industry and to look for better and efficient ways of recovery from the COVID-19 Pandemic. Overall, the Budget 2022-23 appears to achieve...

Continue reading
20 May
0 Comments
Sticky

A Grim Tale Of Two Towers – Apex And Ceyane

Posted by legacy
in Published Articles

To read the article on Mondaq, click here On 28th February, 2022, the Supreme Court was informed how the demolition of two 40-storied towers, T-16 and T-17 namely Apex and Ceyane belonging to the Emerald Court Project of Supertech Builders would be carried out in phased manner with the use of specialized blasting procedure. During the demolition, the area would be declared a no-fly zone and would be completely evacuated. The demolition would be completed by May 22, 2022. Background of Dispute: The Emerald Court Owner Resident Welfare Association had approached the Allahabad High Court in 2012 alleging that the Developer was constructing...

Continue reading
19 May
0 Comments
Sticky

Legacy Law Offices LLP acts on EMS Limited IPO

Posted by legacy
in Press Release

EMS Limited, earlier known as EMS Infracon Private Limited, a Delhi National Capital Region (NCR) based company has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company is making its first public offer to raise funds through an initial public offering (IPO) for a fresh issue of equity shares worth up to Rs. 180 crores ($ 21.9 million) and an offer-for-sale (OFS) of up to 82.94 lakh shares by the promoter of the company, Ramveer Singh. At present, Singh holds a 97.81 per cent stake in the company. The company, EMS Limited,...

Continue reading
19 May
0 Comments
Sticky

High Court of Himachal Pradesh grants relief to Himani – Chamunda Ropeway Project Concessionaire

Posted by legacy
in Press Release

In a relief to the concessionaire company engaged to develop the Himani-Chamunda Ropeway project at Kangra district the Hon’ble High Court of Himachal Pradesh has granted relief to the company by way of issuing stay on encashment of the bank guarantee. The High Court in its order directed that the respondents including the concessioning authority for the project which is the state department of tourism and civil aviation are restrained from encashing the bank guarantee. Earlier, the department had issued notice of termination to Usha Breco Chamunda Devi Ropeway Private Limited citing default by the company. The company on its part...

Continue reading
19 May
0 Comments
Sticky

Legacy Law Offices LLP acts as Legal Advisor for the IPO of Vibhor Steel Tubes Pvt. Ltd.

Posted by legacy
in Press Release

Legacy Law Offices LLP advised Vibhor Steel Tubes Pvt. Ltd. ("Vibhor Steel") and the promoter group selling shareholder in relation to its Initial Public Offering ("IPO") of equity shares aggregating to INR 720 million, the most successful IPO of the year 2024 and the 3rd most successful IPO in the Indian market till date, based on its phenomenal over-subscription by 299 times. The tremendous investor response to Vibhor Steel’s IPO is a symbol of confidence in the steel industry's robust future. Vibhor Steel is also diversifying into the Metal Crash barriers segment for National Highway projects. Legacy’s expert legal guidance was...

Continue reading
19 May
0 Comments
Sticky

Lawyers of Legacy Law Offices LLP extend their pleasure in being the Legal Advisors to EMS Ltd for the Initial Public Offering (IPO) of the Company

Posted by legacy
in Press Release

EMS Ltd. is a leading Indian company, working in the sewerage sector since December 2010. Its business extends to providing sewerage solutions, water treatment and supply systems, electrical transmission and distribution systems and other allied works. The team of lawyers headed by Our Managing Partner, Mr Gagan Anand, and Co-Managing Partner, Ms Shalini Munjal with Mr Amarendra Gogoi, Partner, Ms Shikha Vohra, Associate Advocate, and Mr Nandish Munjal, Associate Advocate, are providing professional legal services to the company for the public issue of their equity shares to facilitate the public offering which is worth over INR 180 crores. According to the DRHP...

Continue reading
19 May
0 Comments
Sticky

Legacy Law Offices LLP Acts on Surifresh Extract Limited and Nakshatra Asset Ventures Limited IPOs

Posted by legacy
in Press Release

December 14, 2024 marked a new milestone for the Capital Markets practice of Legacy Law Offices LLP as the Draft Red Herring Prospectus (DRHP) of two highly reputed industry leaders were filed before the Bombay Stock Exchange. Issuer No. 1, Surifresh Extracts Limited is a leading player in the fresh fruit juice category and specialized in the distribution, import, and manufacturing of premium fresh produce. It is carrying out its Initial Public Offering (IPO) comprising the fresh issue of approximately 3.15 lakh shares aggregating upto Rs. 50 Crores. Issuer No. 2 Nakshatra Asset Ventures Limited is a boutique entity for Stressed Asset...

Continue reading
08 March
0 Comments
Sticky

Litigation Financing/Third-Party Funding: A New Way to Ensure Justice

Posted by legacy
in Laws Of Surveillance

To read the article on Mondaq, click here. In the recent case of Tomorrow Sales Agency Pvt Ltd vs. SBS Holdings, Inc. & Ors. 1 , the Hon’ble High Court of Delhi, while dealing with the issue of holding a third party liable under an arbitration agreement, appreciated the vital role played by third-party funders in ensuring access to justice. It was observed that the absence of third-party funding would restrain impecunious parties from pursuing claims for amounts which may legitimately be due. In making such observations, the Hon’ble Court re-invoked an essential topic in relation to the importance of third-party funding or...

Continue reading
07 March
0 Comments
Sticky

Satluj Jal Vidyut Nigam vs. Jaiprakash Hyundai Consortium & Ors 1 . – Case Analysis

Posted by legacy
in Laws Of Surveillance

To read the article on Mondaq, click here.In the recent case of Satluj Jal Vidyut Nigam, the Hon’ble High Court of Delhi held that an arbitrator cannot decide a case on the basis of a mathematical calculation which is not supported by evidence. The judgment in this case invoked the ever-growing debate on the importance of adaptation of a reasonable duty of care by the arbitrators in deciding a matter, especially one pertaining to a construction dispute, where stakes are undoubtedly very high.The role of an Arbitrator has been set in law as that of aiding the parties in reaching...

Continue reading
29 August
0 Comments
Sticky

Coal India vs. Competition Commission of India: Case Analysis

Posted by legacy
in Laws Of Surveillance

To read the article on Mondaq, click here.One of the basic rules of interpretation states that no provision of a statute should be read in isolation to the other statutes and that while interpreting a law, it should be presumed that the Parliament, at the time of making such law, was well aware of the existence of all the other laws in force in India. This rule, also known as the ‘rule of harmonious construction’, being one of the cardinal principles of interpretation of statutes, recently formed the basis of the decision in the recent case of Coal India Limited &...

Continue reading