News & Events
News & Events
Aditya Swarup was part of the successful team for the appellant in Reliance Industries Limited v The Securities and Exchange Board of India. In this landmark ruling, the Supreme Court of India granted relief to Reliance Industries Limited (RIL), setting aside The Securities and Exchange Board of India (SEBI)’s findings of fraud and a ₹447 crore (GBP 37.5 Million) disgorgement order. The Court has for the first time authoritatively examined the legality of hedging transactions in the context of futures trading, drawing an important distinction between legitimate risk management strategies and allegations of market manipulation. The decision overturned a court ruling and an order by the markets regulator that alleged RIL had engaged in manipulative trading practices after a decision to sell…
News 3 Jun, 2026
‘Chasing shadows: finding assets in a global maze – India, Middle East, BVI & The Cayman Islands’ – Join Outer Temple Chambers’ Justina Stewart and others for a lunchtime discussion at LIDW26. As London International Disputes Week returns, this year with the theme “Tradition, trust and transformation in international dispute resolution”, delegates from around the world are getting ready to network, learn and discuss at one of the largest global gatherings of the international disputes community. Outer Temple Chambers’ commercial disputes specialist, Justina Stewart, will be joining a panel of esteemed speakers on Wednesday 3rd June 2026 from 11:30am to 13:00pm to discuss ‘Chasing shadows: finding assets in a global maze – India, Middle East, BVI & The Cayman Islands’ over lunch. Panel…
Events 19 May, 2026
Justina Stewart successfully secured summary judgment in the sum of over $ 17 million and an award of indemnity costs. The hard-fought application involved a plethora of interesting issues – including regarding the Hague Convention on Service and whether the High Court’s jurisdiction was supplanted in the context of a suite of documents containing different dispute resolution clauses. In Punjab National Bank (International) Ltd v MBL Highway Development Company Ltd, Justina Stewart, instructed by Milan Kapadia of Royds Withy King, acted for the claimant in proceedings against the subsidiary of an Indian entity which delivers and operates large-scale infrastructure projects. The Bank provided financing for an Indian highway / toll road project, in the context of a complex collection of…
News 24 Jun, 2020
