Update on Aspireville Private Limited

We are delighted to inform that Samisti Legal (lead by Mr. Prashant Jain, Partner along with Anita Dugar, Principal Associate and Nisha Jhawar, Associate), has represented Aspireville Private Limited, as legal counsel, for a deal involving issuance of structured non-convertible debentures (NCD) to a Mumbai based family office.
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Legal Landscape for Space-Tech Companies

Introduction India’s space program begun in the 1962 along with the inception of the ISRO. Space related activities, be it exploration, study or research, were strictly limited to the scope of the government. The space program was completely encompassed in all its functions by the public sector owning the entire monopoly over its control and […]
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Delving into the laws pertaining to cyber security in India

Introduction The 21st century has enormously witnessed different forms of cyber-crime related activities including but not limited to cyberbullying, cyberstalking, online job frauds, online sextortion, vishing, smishing, credit card fraud or debit card fraud, impersonation and identity theft and so on, pursuant to which it has become crucial for the introduction of cyber security laws […]
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Update on Inkodop Technologies Private Limited (Emotorad)

We are pleased to inform that Samisti Legal, led by Principal Associate, Ms. Anita Dugar and Associate, Dippyaman Bhattacharya, has represented M/s. Inkodop Technologies Private Limited (EMotorad) and its promoters as legal counsel for its pre-series A funding round from Green Frontier Capital (GFC). For more details, please visit the following link – https://yourstory.com/2022/10/ev-brand-emotorad-raises-inr-24cr-in-pre-series-ebike/amp https://www.businesstoday.in/auto/story/indian-ev-start...
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Statutory and Contractual Perspective of Shareholders’ Inspection Rights

As one of the major stakeholders of a company, shareholders are provided with certain rights under the Companies Act, 2013 (“Act”). These rights include voting rights, ownership rights, right to appoint proxies, right to dividends, right to speak at meetings, right to transfer shares, right to convene extraordinary general meeting, etc. However, the focus of […]
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Update on Able & Weal Private Limited

We are delighted to inform that Samisti Legal (lead by Mr. Prashant Jain, Partner along with Anita Dugar, Principal Associate and Nisha Jhawar, Associate), has represented and assisted Able & Weal Private Limited, as legal counsel, for raising debt by listing its non convertible debentures on the Bombay Stock Exchange. For more details, please visit […]
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Guidelines on Digital Lending: A way forward

INTRODUCTION Since the global pandemic digital lending is one the most attractive innovations for both lenders and borrowers. It challenges the orthodox and physical method of lending as it has become one of the fastest-growing and accepted methods of lending. But, over the past 2 (two) years, this method of lending has also seen some […]
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Samisti Legal has been recognised as one of the notable firms in the Corporate and M&A category for 2022 by Asialaw.

Asialaw is the legal directory featuring comprehensive analysis on Asia's regional and domestic firms, and leading lawyers from the region.
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ESG: Regulatory Framework in India

A. INTRODUCTION:ESG is an acronym for Environmental, Social, and Governance. ESG takes the holistic view thatsustainability extends beyond just environmental issues.ESG can be best explained as a framework that helps the stakeholders understand how anorganization is managing risks and opportunities related to environmental, social, andgovernance criteria.While the term ESG is often used in the context […]
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Vidharba Industries v Axis Bank Limited: A Highly Concerning Judgement in The Regime of IBC

In this recent judgement, the Apex Court has provided a very concerning precedent in Insolvency law for the nation. The Apex court held that an application made by a Financial Creditor Section under 7(5)(a) of the Insolvency and Bankruptcy Code, 2016 (“IBC/ Code”) the Adjudicating Authority has been allowed discretion in the admission of the […]
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