{"id":61773,"date":"2026-05-07T13:09:23","date_gmt":"2026-05-07T07:39:23","guid":{"rendered":"https:\/\/www.legalindia.com\/news\/?p=61773"},"modified":"2026-05-07T13:09:36","modified_gmt":"2026-05-07T07:39:36","slug":"jsa-represents-grasim-industries-limited-before-the-nclat","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/jsa-represents-grasim-industries-limited-before-the-nclat","title":{"rendered":"JSA represents Grasim Industries Limited before the NCLAT"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Mumbai, 05 May 2026: JSA Advocates &amp; Solicitors&nbsp;<\/strong>(<em>JSA<\/em>) acted as sole and lead counsel to&nbsp;<strong>Grasim Industries Limited, (\u201cGrasim\u201d)<\/strong>, the flagship company of the Aditya Birla Group before the National Company Law Appellate Tribunal (\u201c<strong>NCLAT<\/strong>\u201d) and successfully obtained an order remanding the CCI order, which imposed a penalty of INR 301.61 crores&nbsp;and certain behavioural directions on Grasim. The CCI order has been set aside by the NCLAT on grounds of violation of principles of natural justice and the matter remanded to the CCI for a fresh hearing. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Grasim was represented by JSA team led by&nbsp;<strong>Nisha Kaur Uberoi<\/strong>,&nbsp;<em>Partner &amp; Chair \u2013 Competition Practice<\/em>;&nbsp;<strong>Sarthak Pande<\/strong>,&nbsp;<em>Partner<\/em>;&nbsp;<strong>Shivangi Chawla<\/strong>, Principal Associate;&nbsp;<strong>Ishan Arora<\/strong>,&nbsp;<em>Senior Associate<\/em>; and&nbsp;<strong>Mehar Singh Dang<\/strong>,&nbsp;<em>Associate<\/em>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">JSA instructed senior counsel&nbsp;<strong>Aryama Sundaram<\/strong>&nbsp;and&nbsp;<strong>Amit Sibal<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai, 05 May 2026: JSA Advocates &amp; Solicitors&nbsp;(JSA) acted as sole and lead counsel to&nbsp;Grasim Industries Limited, (\u201cGrasim\u201d), the flagship company of the Aditya Birla Group before the National Company Law Appellate Tribunal (\u201cNCLAT\u201d) and successfully obtained an order remanding the CCI order, which imposed a penalty of INR 301.61 crores&nbsp;and certain behavioural directions on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":61774,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-61773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-law-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>JSA represents Grasim Industries Limited before the NCLAT - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"Mumbai, 05 May 2026: JSA Advocates &amp; Solicitors&nbsp;(JSA) acted as sole and lead counsel to&nbsp;Grasim Industries Limited, (\u201cGrasim\u201d), the flagship - Get the latest legal news from the Supreme Court, High Courts, and government. 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Kotak Mahindra Capital Company Limited, BofA Securities India Limited, and Goldman Sachs (India) Securities Private Limited acted as Book Running Lead Managers to the QIP.\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2025\/08\/Biocon.webp?fit=1200%2C680&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2025\/08\/Biocon.webp?fit=1200%2C680&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2025\/08\/Biocon.webp?fit=1200%2C680&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2025\/08\/Biocon.webp?fit=1200%2C680&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2025\/08\/Biocon.webp?fit=1200%2C680&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":61564,"url":"https:\/\/www.legalindia.com\/news\/initial-public-offering-of-oswal-pumps-limited","url_meta":{"origin":61773,"position":1},"title":"Initial Public Offering of Oswal Pumps Limited","author":"Legal India Admin","date":"June 27, 2025","format":false,"excerpt":"Mumbai, India, 24 June 2025:\u00a0JSA Advocates and Solicitors\u00a0advised the book running lead managers, namely,\u00a0IIFL Capital Services Limited\u00a0(formerly known as IIFL Securities Limited), Axis Capital Limited, CLSA India Private Limited, JM Financial Limited, and Nuvama Wealth Management Limited, on Oswal Pumps Limited's initial public offering of approximately \u20b91,694 crore (which included\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2025\/08\/Oswal-Pumps-scaled.webp?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2025\/08\/Oswal-Pumps-scaled.webp?fit=1200%2C900&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2025\/08\/Oswal-Pumps-scaled.webp?fit=1200%2C900&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2025\/08\/Oswal-Pumps-scaled.webp?fit=1200%2C900&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2025\/08\/Oswal-Pumps-scaled.webp?fit=1200%2C900&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":61808,"url":"https:\/\/www.legalindia.com\/news\/jsa-advised-avendus-future-leaders-fund-iii-on-its-acquisition-of-a-minority-stake-in-parag-parikh-financial-advisory-services-limited","url_meta":{"origin":61773,"position":2},"title":"JSA advised Avendus Future Leaders Fund III on its acquisition of a minority stake in Parag Parikh Financial Advisory Services Limited.","author":"Legal India Admin","date":"July 21, 2026","format":false,"excerpt":"JSA","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2026\/06\/jsa.jpeg?fit=738%2C414&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2026\/06\/jsa.jpeg?fit=738%2C414&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2026\/06\/jsa.jpeg?fit=738%2C414&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2026\/06\/jsa.jpeg?fit=738%2C414&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":61751,"url":"https:\/\/www.legalindia.com\/news\/jsa-advises-tata-capital-limited-for-enerparc-financing","url_meta":{"origin":61773,"position":3},"title":"JSA advises Tata Capital Limited for Enerparc financing","author":"Legal India Admin","date":"March 6, 2026","format":false,"excerpt":"\u00a0JSA Advocates & Solicitors\u00a0(JSA) advised\u00a0Tata Capital Limited\u00a0as lenders\u2019 legal counsel in connection with multiple rupee term loan facilities aggregating to INR 305.39 crore extended to Enerparc group entities. 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