SIKKIM HIGH COURT ISSUES JUDGEMENT ON INBREW BEVERAGES PVT. LTD V/S MOUNT DISTILLERIES LIMITED

GANGTOK, India, June 24 -- Sikkim High Court issued the following judgment/order on June 3: 1. The Petitioner herein, who was the Plaintiff before the Learned Commercial Court, East Sikkim, at Gangtok, filed a Suit for Infringement, Passing off of Trade Mark, Infringement of Copyright, Injunction and other consequential reliefs, under Sections 28(1) and 29 of the Trade Marks Act, 1999, against the Defendant/ Respondent. The Suit was valued at rs 1,00,00,000/- (Rupees one crore) only. 2. The or...


SIKKIM HIGH COURT ISSUES ORDER STATE OF SIKKIM ON V/S BIKASH MAJHI AND ANOTHER

GANGTOK, India, June 24 -- Sikkim High Court issued the following judgment/order on June Heard Learned Counsel for the parties on I.A. No.01 of 2024, which is an application filed by the StateApplicant, under Section 5 of the Limitation Act, 1963, seeking condonation of twenty days' delay in filing the leave to Appeal. Learned Additional Public Prosecutor submits that twenty days' delay in filing the Appeal arose on account of the administrative delays when the File was taken from one office to...


SIKKIM HIGH COURT ISSUES ORDER DEEPAM PRADHAN AND OTHERS ON V/S KRISHNA KUMARI BHANDARI AND OTHERS

GANGTOK, India, June 24 -- Sikkim High Court issued the following judgment/order on June 2: 1.The present Petition filed under Section 528 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for short, "BNSS"), seeks quashing of Pakyong PS Case, FIR No.31 of 2022, dated 16- 08-2022 and criminal proceedings in General Register Case No.208 of 2024 (State of Sikkim vs. Deepam Pradhan and Others), pending before the Court of the Learned Chief Judicial Magistrate, Pakyong. 2. Learned Counsel for the P...


SIKKIM HIGH COURT ISSUES ORDER STATE OF SIKKIM ON V/S BIKASH MAJHI AND ANOTHER

GANGTOK, India, June 24 -- Sikkim High Court issued the following judgment/order on June 2: Rai, J. Heard Learned Counsel for the parties on I.A. No.01 of 2024, which is an application filed by the StateApplicant, under Section 5 of the Limitation Act, 1963, seeking condonation of twenty days' delay in filing the leave to Appeal. Learned Additional Public Prosecutor submits that twenty days' delay in filing the Appeal arose on account of the administrative delays when the File was taken from o...


Concerns Rise Over Quality of Techno Economic Viability (TEV) Study Reports Amid Analyst Inexperience and Procedural Lapses

India, June 24 -- New Delhi, June 2025:The credibility of Techno Economic Viability (TEV) Study Reports, a crucial document in bank loan evaluations, is under serious scrutiny as industry insiders raise alarm over increasing cases of inexperience among analysts and procedural irregularities during report preparation.A TEV Study Report serves as an independent third-party assessment of the viability of a proposed new project or a restructuring proposal submitted by a borrower. Mandated by the Res...


NHRC, INDIA TAKES SUO MOTU COGNIZANCE OF THE REPORTED DEATH OF TWO WORKERS AND INJURIES TO ANOTHER AFTER INHALING POISONOUS GAS AT AN EFFLUENT WASTE TREATMENT PLANT OF A PHARMACEUTICAL COMPANY IN ANAKAPALLI DISTRICT OF ANDHRA PRADESH

India, June 24 -- The Government of India issued the following news release: The National Human Rights Commission (NHRC), India, has taken suo motu cognizance of a media report that two employees died and another was hospitalized after inhaling poisonous gas when they were working during the night shift at an effluent waste treatment plant of a Pharmaceutical company in Anakapalli district of Andhra Pradesh, on 11th June, 2025. Reportedly, the victim workers collapsed after inhaling the poisono...


COMPETITION COMMISSION OF INDIA APPROVES THE ACQUISITION OF CERTAIN ISSUED AND PAID-UP EQUITY SHARE CAPITAL OF HALDIRAM SNACKS FOOD PRIVATE LIMITED (TARGET) BY ALPHA WAVE VENTURES II LP AND ALPHA WAVE IHC CI, LP (ACQUIRERS)

India, June 24 -- The Government of India issued the following news release: The Competition Commission of India has approved the acquisition of certain issued and paid-up equity share capital of Haldiram Snacks Food Private Limited (Target) by Alpha Wave Ventures II LP and Alpha Wave IHC CI, LP (Acquirers). The proposed transaction entails the acquisition of less than 10% of the issued and paid-up equity share capital of the Target by the Acquirers. The Acquirers are private equity funds. T...


CCI APPROVES PROPOSED COMBINATION INVOLVING ACQUISITION IN MANAPPURAM FINANCE LIMITED AND MANAPPURAM ASSET FINANCE LIMITED BY BAIN CAPITAL

India, June 24 -- The Government of India issued the following news release: The Competition Commission of India has approved the proposed combination involving acquisition in Manappuram Finance Limited and Manappuram Asset Finance Limited by Bain Capital. BC Asia Investments XXV Limited (Acquirer 1) and BC Asia Investments XIV Limited (Acquirer 2) (collectively, Acquirers) are indirectly owned and controlled by Bain Capital Investors, LLC (Bain Capital). The principal activity of the Acquirer...


CCI APPROVES COMBINATION INVOLVING ACQUISITION IN AAKASH EDUCATIONAL SERVICES LIMITED BY MANIPAL HEALTH SYSTEMS PRIVATE LIMITED AND MANIPAL EDUCATION AND MEDICAL GROUP INDIA PRIVATE LIMITED

India, June 24 -- The Government of India issued the following news release: The Competition Commission of India has approved the combination involving acquisition in Aakash Educational Services Limited by Manipal Health Systems Private Limited and Manipal Education and Medical Group India Private Limited. Manipal Health Systems Private Limited (Acquirer-1) is a company registered in India and is owned and controlled by resident Indians. Acquirer-1 is engaged in the business of running / manag...


NITI AAYOG RELEASES 3RD EDITION OF ITS QUARTERLY INSIGHTS FUTURE FRONT ON "INDIA'S DATA IMPERATIVE: THE PIVOT TOWARDS QUALITY"

India, June 24 -- The Government of India issued the following news release: NITI Aayog today released the third edition of its quarterly insights series Future Front, titled "India's Data Imperative: The Pivot Towards Quality." This report underscores the urgent need for robust data quality to fortify digital governance, cultivate public trust, and ensure efficient service delivery. The report critically examines the pervasive challenges posed by poor data quality and introduces practical, ea...