25 GW of Renewable Energy added in FY 2024-25, up by 35% See 'Corp Brief') Defence exports surge to record high of Rs 23,622 crore See 'Corp Brief') SARFAESI - Property in auction notice does not bear any charge for crown debts, after same has been purchased in auction: HC (See 'Legal Desk') India, Chile strengthen Mining Sector Cooperation at Industry Round Table See 'Corp Brief') CCI okays additional voting rights by Billionbrains Garage Ventures Private Ltd (See 'Corp Brief') CCI approves acquisition of certain CCPS B of API Holdings by 360 ONE (See 'Corp Brief') IPR - Music composer of original song had no right to assign 'right in lyrics of song' if he is not its owner: HC (See 'Legal Desk') Banking Regulation Amendment has enhanced RBI's supervision over Co-operative Banks (See 'Corp Brief') Coal dispatch has demonstrated remarkable progress: Govt (See 'Corp Brief') Govt ensures transparency under Pradhan Mantri Awaas Yojana Gramin (See 'Corp Brief') SEBI Act - Trading behaviour of Noticee confirms that trades are not normal and created artificial trading volumes in respective contracts: SEBI (See 'Legal Desk') IREDA's Loan Sanctions rise 27% to Rs 47,453 Crore (See 'Corp Brief') A&C - Interference u/s 34 of Arbitration Act is warranted only when award is in violation of public policy of India: HC (See 'Legal Desk') WAVES Bazaar expands Global Reach with exclusive showcases and partnerships (See 'Corp Brief') IBC - There is no lack of jurisdiction in Resolution Professional filing purshish for withdrawal of Section 12A application: NCLAT (See 'Legal Desk') IBC - Interest on invoices can't be claimed by operational creditor in absence of any stipulations in agreement to this effect: NCLAT (See 'Legal Desk') Joshi inaugurates 5.4 GW high-tech plant at Chikhli in Gujarat (See 'Corp Brief') IBC - Statutory dues owed to Central Government, or any State Government or any local authority, if not part of Resolution Plan, shall stand extinguished: SC (See 'Legal Desk') E-Jagriti Portal empowers stakeholders with tools for efficient Consumer Dispute Resolution (See 'Corp Brief') IPR - Mala fide intent and selling of old counterfeit products with sole objective of capitalizing on immense goodwill and brand image of Louis Vuitton, calls for permanent restraint order: HC (See 'Legal Desk') Competition Law - NCLAT affirms CCI's emphasis on 'effects-based analysis' to assess anti-competitive conduct; Reduces penalty on Google to Rs.216 crores for abusing dominant position without denying market access: NCLAT (See 'Legal Desk') Yadav emphasizes India's commitment to Climate Action and Sustainable Development (See 'Corp Brief') A&C - If party has agreed that no interest shall be payable Arbitral Tribunal cannot award interest between date, when cause of action arose to date of award: HC (See 'Legal Desk') IBC - Decision of Liquidator to proceed with private sale by adopting Swiss Challenge Mechanism is not beyond jurisdiction or authority of Liquidator: NCLAT (See 'Legal Desk') Democratisation of Services Delivery: MoS highlights governance milestones (See 'Corp Brief') IBC - Sale of corporate debtor as going concern in liquidation can be conducted even beyond 90 days under amended Regulation 32A(4) of Liquidation Regulations, 2016: NCLAT (See 'Legal Desk') Competition Law - Setting tender terms and conditions is largely within domain of procurer: CCI (See 'Legal Desk')

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By Shweta Jain

Change by Heraclitus and LODR Regulations

Published: Mar 19, 2025

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