Cyril Amarchand Mangaldas

21/08/2026

The Supreme Court’s latest ruling on the definition of “industry” preserves certainty for existing labour disputes while opening the door to a fresh framework under the new labour code.

In an article published in Business Standard, our Partner (Head - Disputes) Indranil Deshmukh opines on the judgment’s implications for employers and workers alike.

Read it at: https://www.business-standard.com/industry/news/sc-retains-1978-industry-test-for-old-disputes-leaves-new-labour-code-open-126082001247_1.html

21/08/2026

As the IBBI considers measures to strengthen the integrity of the insolvency framework, striking the right balance between preventing abuse and preserving legitimate commercial transactions remains critical.

In an article published in The Economic Times, our Partner Manmeet Singh shares his thoughts on the proposed guidance requiring insolvency professionals to scrutinise potentially fraudulent or malicious CIRP filings.

Read it at: https://legal.economictimes.indiatimes.com/news/law-policy/ibbis-section-65-push-puts-ips-on-the-spot-experts-seek-clearer-thresholds-for-malicious-cirp/133376067

21/08/2026

As part of the Workshop Series organised by SIA-India and Neel Arnav Research on “National Initiative on Commercial Space and the Law: Unique Complexities, New Questions”, our Partner Ankita Kumar will be sharing her insights in a panel discussion on ‘How to Finance the Space Sector: Lessons from Aviation’.

She will speak on “How to finance the Space Sector – Lessons from Aviation”, bringing together insights from aviation finance and India's emerging NewSpace ecosystem.

Event details:

Date: 24 August 2026

Time: 3:30 PM – 4:40 PM

Venue: Centre for Land Warfare Studies (CLAWS), RPSO Complex, Army Parade Ground, Delhi Cantt, New Delhi

Click here to register: https://pages.razorpay.com/pl_TMqLpsUXCzJ3Ph/view

21/08/2026

At the Power Line Summit 2026 held in New Delhi on 19th August, our Partner (Co-Head - Projects (Energy & Energy Transition)) Ramanuj Kumar shared his insights in a panel discussion on “100 GW of Nuclear: Hype or Reality?”

The discussion highlighted India’s nuclear expansion plans, the role of the public and private sectors, and the key challenges in scaling up nuclear capacity.

He was joined by Nirbhay Gupta of NTPC Limited, Umed Y. of NPCIL, Sunita Kumar of Bajaj Energy, Kamlesh Nathani of Adani Atomic Energy Limited, and Alok K. Brara of Power Line Magazine.

At the Summit, our Partner Aiswarja Mohanty also shared his thoughts in a panel discussion on “Greater Resilience and Reliability: The Grid Requirement”, which explored transmission constraints and bottlenecks, future requirements for the energy transition, and key strategies and solutions.

He was joined by Soonee Sushil Kumar of POSOCO, Manju Gupta of Power Grid Corporation of India Limited, Sudhir Pathak of Hero Future Energies, and Alok K. Brara of Power Line Magazine.

21/08/2026

Legal privilege is fundamental to enabling candid legal advice, but should it extend to in-house counsel?

In their article published in the National Law School of India University Review, our Senior Partner L. Viswanathan and Partner Animesh Bisht examine the evolving position of in-house counsel under Indian law, explore comparative global approaches, and argue for reforms that strengthen privilege protections while preserving professional safeguards.

Read it at: https://repository.nls.ac.in/cgi/viewcontent.cgi?article=2431&context=nlsir

20/08/2026

CAM Blog: This blog examines the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, passed by both Houses of the Parliament on August 13, 2026. The bill has two principal objectives: (i) extending Union regulatory control to mineral-bearing lands and (ii) introducing a new provision that prohibits Indian states from levying any kind of imposition on mineral rights or mineral-bearing lands except under Central Government-prescribed conditions. The provision also gives retrospective relief as it invalidates unpaid and unrecovered dues and bars the refund of amounts already collected. The blog identifies key analytical concerns and analyses the bill’s constitutional sustainability, concluding that its intended outcome is riddled with procedural and constitutional challenges.

Authors: Ramanuj Kumar, Nishikant Sao, Smitanshu Choudhary and Karma Shah

Read it at: https://corporate.cyrilamarchandblogs.com/2026/08/the-mines-and-minerals-development-and-regulation-amendment-bill-2026-key-changes-and-implications/

20/08/2026

India’s patent landscape may gain greater clarity with the Delhi High Court’s seven-step framework for assessing the “mental act” exclusion under Section 3(m) of the Patents Act.

In an article published in MLex, our Director - Patents Gitika Suri shares her insights on the significance of the ruling and its potential impact on patent prosecution and innovation-led industries in India.

Read it at: https://www.mlex.com/mlex/articles/2513945/delhi-court-fixes-india-s-mental-act-patent-problem-but-should-judges-write-the-rules-

India's patent system finally has a test for deciding when an invention is merely a mental act, after the Delhi High Court stepped in where the patent office hadn't. The seven-step framework could curb arbitrary refusals and help technology companies, but its judicial origins raise an awkward questi...

20/08/2026

CAM Blog: This blog examines the Corporate Laws (Amendment) Bill, 2026, and the Parliamentary Committee's recommendations that make India's corporate restructuring regime more time-bound and predictable. It covers the new statutory "reverse flip" route allowing foreign-incorporated subsidiaries of Indian promoters to redomicile into the IFSC, refinements to merger and amalgamation provisions including cross-border merger carve-outs and a 60-day deemed-approval timeline for fast-track mergers, and the changes to the buyback process. Together, these reforms signal a shift toward treating restructuring, capital management and cross-border mobility as legitimate business activity rather than a regulatory obstacle course.

Authors: Bharat Vasani and Maharshi Shah

Read it at: https://corporate.cyrilamarchandblogs.com/2026/08/corporate-laws-amendment-bill-2026-and-the-parliamentary-committee-report-an-open-road-to-home/

20/08/2026

We advised Nxt-Infra Trust (Trust) and the Lead Managers – NovaaOne Capital Private Limited and Ambit Private Limited, as the sole counsel on the issuance of units of the Trust by way of an institutional placement to institutional investors, for an amount aggregating to INR 7,001.50 million.

Capital Markets Team: Janhavi Manohar, Saksham Singh Khokhar, Ankesh Kumar, Molika Agrawal, Sanjana Prasad, Monusha Nambiar, A***n Pandey and Maria Binny Palamattom.

General Corporate Team: Ratnadeep Roychowdhury and Shaunak Choudhury.

Read it at: https://www.cyrilshroff.com/Stand%20Out%20Deals/cyril-amarchand-mangaldas-advised-nxt-infra-trust-novaaone-capital-private-limited-and-ambit-private-limited/

19/08/2026

We acted as the Indian legal counsel to Shiprocket Limited, an end-to-end, new age, merchant-first, and API-led technology platform designed to enable e-commerce transactions for India’s MSMEs and Large Retailers, on their initial public offering of equity shares aggregating to INR 16,174.85 million, comprising (i) a fresh issue aggregating to INR 8,855.00 million, and (ii) offer for sale aggregating to INR 7,319.85 million.

The Firm also advised Saahil Goel, Gautam Kapoor and Vishesh Khurana (Individual Selling Shareholders) on their participation in the offer for sale component of the initial public offering.

The book running lead managers of this IPO were Axis Capital Limited, BofA Securities India Limited, JM Financial Limited and Kotak Mahindra Capital Company Limited.

Transaction team which advised the Company: Yash J. Ashar, Aashima Johur, Mihir Mathur, Rishi Nandkeolyar, Kanika Bhakhna, Abhinav Singh Chauhan and Shvabh Chakarwarti.

Team advising Individual Selling Shareholders: Vishal Yaduvanshi, Amitpal Singh and Ritvik Maheswari.

Read it at: https://www.cyrilshroff.com/Stand%20Out%20Deals/cyril-amarchand-mangaldas-advises-shiprocket-limited-the-company-and-individual-selling-shareholders-on-the-companys-inr-16174-85-million-ipo/