Chir Amrit Legal LLP

This Republic Day, we at Chir Amrit Law celebrate the values that uphold our Constitution and drive our commitment to justice. 🇮🇳 Wishing everyone a day of pride and patriotism! #ConstitutionOfIndia #JusticeForAll #LegalExcellence

𝗖𝗲𝗹𝗲𝗯𝗿𝗮𝘁𝗶𝗻𝗴 𝗮 𝗝𝗼𝘂𝗿𝗻𝗲𝘆 𝗼𝗳 𝗟𝗲𝗮𝗿𝗻𝗶𝗻𝗴, 𝗝𝗼𝘆 𝗮𝗻𝗱 𝗜𝗻𝘀𝗽𝗶𝗿𝗮𝘁𝗶𝗼𝗻!   From December 25, 2024, to January 1, 2025, 100 students from the Brahma Savitri Veda Vidyapeeth, Pushkar and Government School, Balada (Beawar) embarked on a remarkable educational tour under the aegis of ‘Shri Chiranji Lal Jhanwar Memorial Educational Tour’ organised by the Chir Amrit Foundation, Jaipur.   The 8 day tour was filled with learning, discovery, excitement and happiness while the students experienced the life-enriching journey through Jaipur, Agra, Vrindavan, Prayagraj, Varanasi, and Ayodhya, creating memories that will last a lifetime. 💫   The students also participated in interactive and thought provoking sessions on topics such as Artificial Intelligence, personality development, body language, and emotional hygiene, conducted by Sanjay Jhanwar, Sr. Advocate Sir and Shruti Jhanwar.   As part of New Year’s celebration, the students lit up the stage with captivating performances in drama, dance, singing and cricket, showcasing their talent and energy. During the concluding ceremony, certificates were distributed to all the students and prizes were awarded to the outstanding performers. The sponsors and supporters of the tour including the office bearers of the Uday Hostel were also felicitated by the students as a token of gratitude, highlighting the collective effort behind this impactful initiative.    Initiatives like these remind us why we are committed to making education a joyful journey for every child. This tour was a beautiful reminder that learning goes beyond books and classrooms—it’s about experiences that inspire and transform lives.   Thank you to everyone who supported us in creating unforgettable memories for these young learners. 📚✨   #InspirationThroughLearning #EducationalTour #ChirAmritFoundation #chiramritlegal #EmpoweringYouth #NewBeginnings #EducationForAll #InspirationThroughExperience Sanjay Jhanwar, Sr. Advocate Prakul Khurana Rahul Lakhwani Harsha Totuka Samay Maheshwari Kundan Rathore Nikhil Totuka Mukesh Soni Varun Bansal Abhinav Mathur Advocate (CA) Vikas Gupta ashok taksali

𝐇𝐨𝐧’𝐛𝐥𝐞 𝐍𝐂𝐋𝐀𝐓, 𝐍𝐞𝐰 𝐃𝐞𝐥𝐡𝐢 𝐡𝐨𝐥𝐝𝐬 𝐭𝐡𝐚𝐭 𝐭𝐡𝐞𝐫𝐞 𝐢𝐬 𝐧𝐨 𝐩𝐚𝐭𝐞𝐧𝐭 𝐢𝐫𝐫𝐞𝐠𝐮𝐥𝐚𝐫𝐢𝐭𝐲 𝐟𝐨𝐮𝐧𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐜𝐨𝐧𝐝𝐮𝐜𝐭 𝐨𝐟 𝐂𝐈𝐑𝐏 𝐩𝐫𝐨𝐜𝐞𝐞𝐝𝐢𝐧𝐠𝐬 𝐛𝐲 𝐭𝐡𝐞 𝐑𝐏 𝐚𝐧𝐝 𝐍𝐂𝐋𝐓 𝐝𝐢𝐝 𝐧𝐨𝐭 𝐜𝐨𝐦𝐦𝐢𝐭 𝐚𝐧𝐲 𝐞𝐫𝐫𝐨𝐫 𝐢𝐧 𝐚𝐩𝐩𝐫𝐨𝐯𝐢𝐧𝐠 𝐫𝐞𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧 𝐩𝐥𝐚𝐧 𝐨𝐟 𝐒𝐑𝐀. We successfully represented the Resolution Professional of Maha Associated Hotels Pvt Ltd before the Hon’ble NCLAT, New Delhi. Hon’ble NCLAT, New Delhi, observed when Suspended Management itself failed to adhere to the CIRP Regulations in submission of their own resolution plan, then suspended management cannot be allowed to nit-pick on imaginary irregularity committed by RP. Further, it was observed that no copy of resolution plan submitted by other PRA’s could have been shared in advance with Suspended Management as it would have triggered conflict of interest. At last, it was observed that Suspended Management cannot go into technical issues regarding evaluation and score matrix, falling withing the exclusive domain of CoC. Prakul Khurana (Managing Partner), Gourav Asati (Associate), Yash Tandon (Associate), and Nilimesh Sen (Associate). #chiramrit #chiramritlegallp #insolvency #bankruptcy #NCLAT #NCLT #resolutionplan #IBC Sanjay Jhanwar, Sr. Advocate Prakul Khurana Rahul Lakhwani Harsha Totuka Samay Maheshwari Kundan Rathore Nikhil Totuka Mukesh Soni Varun Bansal Abhinav Mathur Advocate (CA) Vikas Gupta ashok taksali

𝗪𝗲 𝗮𝗿𝗲 𝗽𝗹𝗲𝗮𝘀𝗲𝗱 𝘁𝗼 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲 𝘁𝗵𝗲 𝗰𝗼𝗺𝗺𝗲𝗻𝗰𝗲𝗺𝗲𝗻𝘁 𝗼𝗳 𝗼𝘂𝗿 𝗮𝗻𝗻𝘂𝗮𝗹 “𝗖 𝗟 𝗝𝗵𝗮𝗻𝘄𝗮𝗿 𝗠𝗲𝗺𝗼𝗿𝗶𝗮𝗹 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗧𝗼𝘂𝗿”, 𝗳𝗿𝗼𝗺 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟮𝟱𝘁𝗵 𝘁𝗼 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟭𝘀𝘁. 𝗜𝗻 𝘁𝗵𝗶𝘀 𝘁𝗼𝘂𝗿 𝘄𝗲 𝗴𝗲𝘁 𝘁𝗵𝗲 𝗽𝗿𝗶𝘃𝗶𝗹𝗲𝗴𝗲 𝘁𝗼 𝗲𝗺𝗯𝗮𝗿𝗸 𝗼𝗻 𝗮𝗻 𝟴 𝗱𝗮𝘆 𝗷𝗼𝘂𝗿𝗻𝗲𝘆 𝗮𝗰𝗿𝗼𝘀𝘀 𝗝𝗮𝗶𝗽𝘂𝗿, 𝗔𝗴𝗿𝗮, 𝗩𝗿𝗶𝗻𝗱𝗮𝘃𝗮𝗻, 𝗣𝗿𝘆𝗮𝗴𝗿𝗮𝗷, 𝗩𝗮𝗿𝗮𝗻𝗮𝘀𝗶 𝗮𝗻𝗱 𝗔𝘆𝗼𝗱𝗵𝘆𝗮 𝘄𝗶𝘁𝗵 𝗮𝗿𝗼𝘂𝗻𝗱 𝟱𝟬 𝘀𝘁𝘂𝗱𝗲𝗻𝘁𝘀 𝗲𝗮𝗰𝗵 𝗳𝗿𝗼𝗺 𝗕𝗿𝗮𝗵𝗺𝗮 𝗦𝗮𝘃𝗶𝘁𝗿𝗶 𝗩𝗲𝗱 𝗩𝗶𝗱𝘆𝗮𝗽𝗲𝗲𝘁𝗵, 𝗣𝘂𝘀𝗵𝗸𝗮𝗿 𝗮𝗻𝗱 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗦𝗰𝗵𝗼𝗼𝗹, 𝗕𝗮𝗹𝗮𝗱𝗮. Our first stop was Jaipur, where we got a chance to explore Albert Hall Museum, Jantar Mantar, Govind Dev Ji Temple and the renowned Printing Unit of Rajasthan Patrika. Apart from the primary objective of providing requisite exposure to these young minds, we are thrilled to structure our program in a manner to teach multidisciplinary skills to the students, to enable them to carry out interdisciplinary tasks. The curriculum as well as teaching style of both schools is completely different. While one focuses on standard teaching pattern of different subjects, the other is rooted in our traditional teachings of Vedas. Hence, to ensure that both set of students get to learn from learned teachers of the other school, we undertook a groundbreaking initiative of the teacher exchange program between two schools. The teachers of Ved Vidyalaya taught Sanskrit pronunciation and Ganpati Stuti to the students of Government School using innovative methods to engage the students and help them grasp the complexities of the ancient language. Similarly, the teachers from Balada conducted a workshop on English tenses, using real-life examples and interactive exercises to make the concept more accessible and fun for the students of Ved Vidyalaya. This activity demonstrated the value of a multidisciplinary approach to education, where different subjects and disciplines are interconnected. This activity is an integral part of Corporate Social Responsibility of our firm's tradition. It provides a unique opportunity for our team members to explore various regions of India, gain valuable insights, foster camaraderie and learn the intricacies of psychology through interacting with young creative minds. We wish our participants a successful and enriching experience. #annualtrip #chiramritlegalllp #Educationaltour #CSR Sanjay Jhanwar, Sr. Advocate Prakul Khurana Rahul Lakhwani Harsha Totuka Samay Maheshwari Kundan Rathore Nikhil Totuka Mukesh Soni Varun Bansal Abhinav Mathur Advocate (CA) Vikas Gupta ashok taksali

Wishing a Merry Christmas to our clients, colleagues, and friends! ⭐️ May the joy and cheer of the season bring you peace, prosperity, and happiness. ✨ From our family at Chir Amrit Legal LLP, warmest wishes for a wonderful holiday season! 🎄 #merrychristmas #happyholidays #christmastree #xmas #chiramritlegal Sanjay Jhanwar, Sr. Advocate Prakul Khurana Rahul Lakhwani Harsha Totuka Samay Maheshwari Kundan Rathore Nikhil Totuka Mukesh Soni Varun Bansal Abhinav Mathur

𝐖𝐞 𝐚𝐫𝐞 𝐩𝐥𝐞𝐚𝐬𝐞𝐝 𝐭𝐨 𝐬𝐡𝐚𝐫𝐞 𝐚 𝐭𝐡𝐫𝐢𝐥𝐥𝐢𝐧𝐠 𝐮𝐩𝐝𝐚𝐭𝐞 𝐰𝐡𝐞𝐫𝐞 𝐂𝐡𝐢𝐫 𝐀𝐦𝐫𝐢𝐭 𝐋𝐞𝐠𝐚𝐥 𝐋𝐋𝐏 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥𝐥𝐲 𝐫𝐞𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐞𝐝 𝐌/𝐬 𝐆𝐲𝐚𝐧𝐤𝐞𝐞𝐫 𝐓𝐨𝐛𝐚𝐜𝐜𝐨 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬, 𝐢𝐧 𝐚 𝐜𝐨𝐦𝐩𝐥𝐞𝐱 𝐥𝐞𝐠𝐚𝐥-𝐭𝐚𝐱 𝐝𝐢𝐬𝐩𝐮𝐭𝐞 𝐜𝐨𝐧𝐜𝐞𝐫𝐧𝐢𝐧𝐠 𝐫𝐞-𝐨𝐩𝐞𝐧𝐢𝐧𝐠 𝐨𝐟 𝐚𝐧 𝐆𝐒𝐓 𝐚𝐝𝐯𝐚𝐧𝐜𝐞 𝐫𝐮𝐥𝐢𝐧𝐠 𝐛𝐲 𝐰𝐚𝐲 𝐨𝐟 𝐚𝐧 𝐒𝐂𝐍 𝐢𝐬𝐬𝐮𝐞𝐝 𝐮𝐧𝐝𝐞𝐫 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟳𝟰 𝐰𝐡𝐞𝐧 𝐭𝐡𝐞 𝐚𝐝𝐯𝐚𝐧𝐜𝐞 𝐫𝐮𝐥𝐢𝐧𝐠 𝐬𝐭𝐨𝐨𝐝 𝐮𝐩𝐡𝐞𝐥𝐝 𝐮𝐧𝐝𝐞𝐫 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟭𝟬𝟰 𝐚𝐧𝐝 𝟭𝟬𝟳. The Hon'ble Rajasthan High Court passed an interim order in favor of M/s Gyankeer Tobacco, providing crucial relief against exorbitant GST, Cess and Excise demand to the tune of Rs. 195 Crores plus interest and penalty. The arguments for the petitioner were led by Sr. Adv. Mr. Mukul Rohatgi and Mr. Sanjay Jhanwar, Sr. Advocate and our team consisting of Senior Partner Adv. Rahul Lakhwani, along with Adv. Wilson Joy, Adv. Shreya Jhanwar and Adv. Mihir Jhanwar. We submitted before the Hon’ble High Court that the advance ruling passed under Section 97 by the SGST Dept. classified Petitioner’s product under CTH 2401 20 90- Others attracting GST @ 28% and Compensation Cess @ 71%, was challenged by the CGST Dept. under Section 104 and 107 proceedings on the aspect of classification and rate of GST & Excise, however, the advance ruling was sustained and attained the status of law. We further argued that in such a scenario, issuance of the impugned SCNs under Section 74 proposing different classification and demanding Cess and Excise Duty at higher rate by the same authority despite having lost at two forums previously, was wholly without jurisdiction and contrary to the principles of fairness. The Hon’ble High Court appreciated the merits of our arguments and observed that the case prima facie involves a legal issue for consideration. Accordingly, the Hon’ble Court directed the Respondents to complete their instructions and ordered that in the meantime the CGST Dept. shall not pass any final order qua the impugned SCNs. #GST #chiramritlegal #taxation Sanjay Jhanwar, Sr. Advocate Prakul Khurana Rahul Lakhwani Harsha Totuka Samay Maheshwari Kundan Rathore Nikhil Totuka Mukesh Soni Varun Bansal Abhinav Mathur Varun Bansal Advocate (CA) Vikas Gupta

𝗖𝗛𝗜𝗥 𝗔𝗠𝗥𝗜𝗧 𝗔𝗗𝗩𝗜𝗦𝗘𝗦 𝗔𝗩𝗜𝗡𝗬𝗔 𝗩𝗘𝗡𝗧𝗨𝗥𝗘𝗦 𝗢𝗡 𝗜𝗧𝗦 𝗜𝗡𝗩𝗘𝗦𝗧𝗠𝗘𝗡𝗧 𝗜𝗡 𝗗𝗘𝗩𝗫 𝗖𝗢𝗡𝗦𝗨𝗟𝗧𝗔𝗡𝗖𝗬 We are delighted to announce that Chir Amrit Legal LLP has advised Avinya Ventures in its investment in DevX Consultancy Private Limited. Avinya Ventures has invested in the seed funding round of DevX Consultancy Private Limited. The funding marks Avinya Ventures' first investment, backing DevX's impressive growth trajectory of achieving $1MN ARR within 18 months. We congratulate all parties involved in this transaction. Ms. Ritu Soni Senior Partner along with Ms. Jaya Torani (Senior Associate) worked on this transaction. #PEVC #investmentadvisory #chiramritlegal #avinya Sanjay Jhanwar, Sr. Advocate Prakul Khurana Rahul Lakhwani Harsha Totuka Samay Maheshwari Kundan Rathore Nikhil Totuka Mukesh Soni Varun Bansal Abhinav Mathur

𝗛𝗢𝗡’𝗕𝗟𝗘 𝗧𝗥𝗜𝗕𝗨𝗡𝗔𝗟 𝗗𝗜𝗦𝗠𝗜𝗦𝗦𝗘𝗗 𝗧𝗛𝗘 𝗦𝗘𝗖𝗧𝗜𝗢𝗡 𝟭𝟳 𝗔𝗣𝗣𝗟𝗜𝗖𝗔𝗧𝗜𝗢𝗡 𝗦𝗘𝗘𝗞𝗜𝗡𝗚 𝗨𝗥𝗚𝗘𝗡𝗧 𝗜𝗡𝗧𝗘𝗥𝗜𝗠 𝗥𝗘𝗟𝗜𝗘𝗙𝗦 𝗜𝗡 𝗔𝗡 𝗜𝗡𝗧𝗘𝗥𝗡𝗔𝗧𝗜𝗢𝗡𝗔𝗟 𝗖𝗢𝗠𝗠𝗘𝗥𝗖𝗜𝗔𝗟 𝗔𝗥𝗕𝗜𝗧𝗥𝗔𝗧𝗜𝗢𝗡 In a significant matter of International Commercial Arbitration, the Hon’ble Arbitral Tribunal presided over by Mr. S Muralidhar, Retd Chief Justice (Hon’ble Orissa High Court) dismissed the application filed by the Claimant under Section 17 of the Arbitration and Conciliation Act, 1996 whereby the Claimant sought urgent interim directions against the Defendant to furnish a bank guarantee of USD 669,040.70 in order to secure the disputed claim amount on an apprehension that the Respondent is not financially sound, and the Claimant would not be able to recover the arbitral award amount, if passed in favour of the Claimant. We represented our Client, Yash Refractories and made submissions that twin conditions for grant of relief under Section 17 is not met with for grant of interim relief as there is no evidence reflecting alienation of assets by Respondent as well as distressed financial condition of Respondent. Upon appreciating our submissions, Hon’ble Tribunal held that some material would have to be shown to the Tribunal which would indicate that the Respondent is taking steps to disperse or dispose of its assets with an intent to defeat any award that may be ultimately passed. Further, Tribunal held that the party claiming relief under Section 17 tantamount to an attachment before judgment under Order 38 Rule 5 of CPC, and therefore Party has to establish not just a prima facie case but a strong one. The Respondent was successfully led by Abhinav Mathur, Partner and Yash Tandon, Associate. #internationalarbitration #commercialdispute #arbitration #chiramritlegal Sanjay Jhanwar, Sr. Advocate Prakul Khurana Rahul Lakhwani Harsha Totuka Samay Maheshwari Kundan Rathore Nikhil Totuka Mukesh Soni Varun Bansal Abhinav Mathur

𝗛𝗢𝗡’𝗕𝗟𝗘 𝗡𝗖𝗟𝗧 𝗠𝗨𝗠𝗕𝗔𝗜 𝗔𝗣𝗣𝗥𝗢𝗩𝗘𝗗 𝗧𝗛𝗘 𝗥𝗘𝗦𝗢𝗟𝗨𝗧𝗜𝗢𝗡 𝗣𝗟𝗔𝗡 𝗢𝗙 𝗩𝗜𝗡𝗘𝗥𝗚𝗬 𝗜𝗡𝗧𝗘𝗥𝗡𝗔𝗧𝗜𝗢𝗡𝗔𝗟 𝗣𝗩𝗧. 𝗟𝗧𝗗. We have successfully represented the Resolution Professional of Vinergy International Pvt Ltd. before the Hon’ble NCLT Mumbai seeking approval of Resolution Plan under Section 30(6) read with Section 31 of Insolvency and Bankruptcy Code, 2016 . We have successfully managed to apprise the Hon’ble NCLT Mumbai about the salient features of Resolution Plan along with its viability for the stakeholders. Further, Tribunal is pleased to note that Plan is not in contravention of any of the provisions and Regulations of the Insolvency law. Upon appreciating our submissions, NCLT Mumbai deemed fit to approve the Resolution Plan. Throughout the process of CIRP, our team has advised the Resolution Professional and actively contributed to successful closure of CIR Process. Resolution Professional was duly represented by Abhinav Mathur Partner and Lokesh Pawaskar, Associate. #insolvency #CIRP #Resolutionplan #chiramrit Sanjay Jhanwar, Sr. Advocate Prakul Khurana Rahul Lakhwani Harsha Totuka Samay Maheshwari Kundan Rathore Nikhil Totuka Mukesh Soni Varun Bansal Abhinav Mathur

Hon'ble Supreme Court quashes Assessment Order passed in S. 148 proceedings and enabled Assessee to take all objections afresh before Assessing Officer. #EmpathyInBusiness #incometax #tax #taxes #taxseason #business #accounting #gst #taxpreparer #finance #TechnologyAndEthics #ExecutiveEducation #ChirAmrit #LegalInnovation Sanjay Jhanwar, Sr. Advocate Prakul Khurana Rahul Lakhwani Harsha Totuka Samay Maheshwari Kundan Rathore Nikhil Totuka Mukesh Soni Varun Bansal Abhinav Mathur