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Samisti Legal acted as legal counsel for Zaggle Prepaid Ocean Services Limited in its recent acquisition of 26% (twenty-six per cent) stake in Mobileware Technologies Private Limited for INR 15.60 Crores (Rupees Fifteen Crores and Sixty Lakhs only). The team was led by our Partner, Prashant Jain, Associate Partner Anita Baid, Principal Associate Abhishek Gupta […]

Digital data protection has become increasingly crucial in the age of artificial intelligence, especially as individuals’ likenesses are now considered “imitable” and major social media platforms face frequent accusations of using personal data for targeted advertising. In this context, the Digital Personal Data Protection Act represents a significant step forward. However, the introduction of the […]

Samisti Legal has served as legal counsel for NephroPlus Health Services Private Limited in its recent acquisition of seven dialysis centres in the Philippines. The team was led by our partner Prashant Jain, and associate Garima Bothra. Please read in detail at the following link:- https://tribune.net.ph/2025/02/05/global-dialysis-network-expands-in-phl-acquires-7-centers

Samisti Legal has acted as legal counsel to the promoters of MedPlus Health Services Limited in their recent debt refinancing transaction. The transaction involved the issuance of Non-Convertible Debentures worth ₹550 Crores, enabling the promoters to refinance their existing debt. The team was led by our Partner Prashant Jain, alongside Associate Partner Anita Baid, Principal […]

Article submitted by Aishwarya Deshpande A “financial influencer” or “finfluencer” is a someone who provides information and advice to investors and/or the common people on financial matters, often concerning stock market trading, personal investments such as mutual funds and insurance, mostly via different social media platforms like YouTube, X (previously known as “twitter”), Instagram etc […]

Article submitted by Aishwarya Deshpande Liability means legal responsibility for one’s acts or omissions. Parties in commercial contracts to mitigate their risk carve out a “limitation of liability clause” to limit their liability to a particular pre-estimated fixed sum of the amount. The Contract Act 1872 allows the parties to legally agree to restrict their obligation under […]

By : Swetha Dasu, Associate, assisted by Atluri Sri Vidya A “Related Party Transaction” (“RPTs”) is an agreement between two individuals who have previously worked together or have a common interest. Businesses generally favour conducting transactions with individuals with whom they have a personal relationship or common interests. The SEBI regulations allows RPT which may […]

By : Vijay Sawal INTRODUCTION : Initially established in 2021[1] in an attempt to address India’s infrastructure financing gap, the National Bank for Financing Infrastructure and Development (“NaBFID”)was meant to operate as an infrastructure lender with a broad mandate so as to grant more finance, all the while boosting the market. With its recent designation […]

By : Garima Bothra INTRODUCTION : IOn November 7, 2024, the Supreme Court of India ordered the liquidation of Jet Airways following a five-year delay in implementing its resolution plan, initially approved in 2019. The Court remarked that it had “no option” but to direct liquidation of the company. While the Insolvency and Bankruptcy Code, […]

By : Madhav Krishna INTRODUCTION : India’s clinical trial landscape has undergone substantial reforms in recent years, driven by the country’s aspiration to become a global hub for clinical research. These changes are designed to streamline processes, enhance patient safety, ensure ethical conduct, and protect participants’ rights while maintaining robust oversight and transparency. At the […]