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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 […]

By : Shishank Shaw INTRODUCTION : The Ministry of Corporate Affairs (“MCA”) vide its notification dated September 09, 2024, has issued the Companies (Compromises, Arrangements, and Amalgamations) Amendment Rules, 2024 (“Amendment Rules”) aimed at simplifying the regulations for ‘reverse flipping’ in India. The Amendment Rules are effective from September 17, 2024. This move comes as […]

By : Aishwarya Dhananjay Deshpande INTRODUCTION : The Ministry of Environment, Forest and Climate Change (“MoEFCC”) introduced the Ecomark Rules, 2024 (“Rules”), a significant initiative aimed at fostering sustainable consumption and production in India. The overarching goal of these Rules is to promote eco friendly and green industries in the path to a sustainable future. […]

Samisti Legal has acted as a Legal Counsel in the fund raising round of Ekincare from Sagana Capital. The Team was led by our Managing Partner, Mr. Prashant Kumar Jain.

Samisti Legal has assited as legal counsel to one of the substantial shareholders of Aris Infra solutions in the proposed Initial Public Offering of ₹600 crores. The Team was led by our Managing Partner, Mr. Prashant Kumar Jain. Please read in details at the following link:  https://www.livemint.com/market/ipo/arisinfra-solutions-files-draft-papers-with-sebi-for-600-crore-ipo-details-here-11723636492870.html

Samisti Legal has advised eYantra Ventures for its strategic acquisition of 60% (sixty percent) stake in Neuro and Spine Associates Private Limited. This ₹15 crore investment solidifies eYantra’s entry into the healthcare sector. The Team for the transaction was led by our Managing Partner, Mr. Prashant Kumar Jain alongside Associate  Partner Mrs. Anita Dugar and […]

Samisti Legal has acted as legal counsel to Zaggle for its acquisition of 26% (twenty-six percent) stake in Mobileware Technologies. The Team was led by our Managing Partner, Mr. Prashant Kumar Jain alongside Associate  Partner Mrs. Anita Dugar and Principal Associate Mr. Abhishek Gupta. Please read in detail at the following link: https://economictimes.indiatimes.com/tech/funding/saas-fintech-firm-zaggle-picks-up-26-stake-in-mobileware-technologies/articleshow/113675689.cms?from=mdr

Samisti Legal has acted as legal advisors to XTGlobal Inc. for its successful listing on the National Stock Exchange. The Team was led by our Managing Partner, Mr. Prashant Kumar Jain alongside Associate Ms. Monica Thakur. Please read in detail at the following link: https://www.business-standard.com/markets/xt-global-infotech-ltd-share-price-12674/announcements/bse-exchange-43983932

Samisti Legal has assisted Validus Fintech Services Pvt Ltd. and its founders for its seed funding round from AUM Ventures and other strategic investors. The Team for this transaction was led by our Managing Partner, Mr. Prashant Kumar Jain. Please read in detail at the following link: https://inc42.com/buzz/validus-bags-seed-funding-to-offer-digital-solutions-to-investors/