A three-Judge bench of the Supreme Court has delivered its judgment (per Aftab Alam J.) in Daiichi Sankyo v. Chigurupati and Daiichi Sankyo v. Narayanan (Civil Appeal No. 7148/2009 and Civil Appeal No. 7314/2009, judgment dated 8 July, 2010). The Court has in a common judgment allowed appeals against orders of the SAT in cases involving interpretation of the phrase 'persons acting in concert' in the Takeover Regulations. I have briefly summarised the judgment in this post on the Indian Corporate law blog.
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