“The bankruptcy process is off to a flying start” says Cyril Shroff, leading lawyer and managing partner of Cyril Amarchand Mangaldas. Shroff is commenting on a decision to refer 12 top corporate defaulters to insolvency and bankruptcy proceedings. Slource: Bloomberg Quint
India’s leading full service law firm, Cyril Amarchand Mangaldas, has appointed Komal Gupta as Head of Innovation & Artificial Intelligence, in a move that demonstrates the firm’s ongoing commitment to lead the Indian legal industry’s evolution and transformation – an initiative driven by the managing partner. Innovation has been identified as a key strategic driver [...]
Source: Vccircle In a jolt to former Tata group chairman Cyrus Mistry, the National Company Law Tribunal (NCLT) has dismissed a plea filed by two Mistry family-owned investment companies seeking a waiver from the requirement for shareholders’ approval to file a petition against Tata Sons Ltd. On Monday, a division bench of NCLT, comprising Justice [...]
Source: Daily News and Analysis The government has embarked on a move to partially divest stake in six public sector units, four of which are key players in defence sector. With stock markets enjoying heightened valuations, the government is preparing to list a clutch of defence-related state-owned entities including guided missiles maker Bharat Dynamics, naval [...]
Source: Bar and Bench Religare Enterprises Ltd is selling its entire 80% stake in Religare Health Insurance Co to a consortium of investors led by private equity firm True North. This deal values Religare Health Insurance Company Limited at Rs. 1300 crores. Dalmia Group is also one of the investors and part of the consortium. [...]
Source: Legally India Cyril Amarchand Mangaldas has fully funded a chair in “everyday ethics for the legal profession” at GNLU Gandhinagar for at least the next three years, which, if it succeeds, would become a template for the law firm contributing financially to other universities’ courses. “We want to run the pilot course first, and [...]
Source: Ahmedabad Mirror It was an evening to remember for the Shroffs and the Adanis as the families got together to celebrate 100 years of legacy of Amarchand & Mangaldas & Suresh A Shroff & Co, one of the largest law firms in the country. Paridhi, daughter of Cyril Shroff and the daughter-in-law of Gautam [...]
Source: The Times of India "Name any known lawyer in Delhi and you will find him here," a guest was overheard saying at this party. The hall was packed with not just lawyers, but senior politicians and well-known names from the judiciary as well. Cyril and Vandana Shroff hosted a grand evening to celebrate '100 [...]
Source: Business Standard When IndiGo Airlines took wing in 2006, it redefined Indian aviation in many ways. In its decade of existence, the airline has proved that it is possible to make profits in the aviation business. IndiGo told Indians that there really was something called “on-time performance” and that flying can indeed be made [...]
Source: The Times of India Noted corporate lawyer Cyril Shroff, who was mandated by Infosys board to look into its corporate governance framework, is set to prescribe a new governance code for the IT behemoth aimed at addressing the concerns raised by its founders. The revamped corporate code aims to plug the gap in the [...]
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