S&R Associates is a full-service Indian law firm with offices in New Delhi, Mumbai and Bengaluru providing legal services to Indian and international clients.
Our lawyers are admitted to practice in India and many have previously practiced law in other jurisdictions, including in the United States, the United Kingdom and Singapore. As a result, we offer our clients a unique combination of Indian law expertise coupled with international quality legal services.
We distinguish ourselves based on the quality of our services and legal advice and on the range of our experience. Our lawyers have advised on some of the most significant Indian transactions and matters in recent times. The quality of our legal advice and services has helped us become the law firm of choice for our clients and has also been recognised by various industry publications, surveys and rankings. Lawyers in each of our practice areas have routinely been recognised as leading lawyers in India by Chambers Global, Chambers Asia Pacific, IFLR1000, Legal500 and RSG India Report.
Recent Publications
SEBI Settlement Does Not Extinguish Parallel Stock Exchange Action
SAT’s Decision in Hindustan Foods Limited v. BSE Limited & Anr.
The note analyzes the decision of Securities Appellate Tribunal (“SAT”) in Hindustan Foods Limited v. BSE Limited & Anr., where SAT held that a listed entity’s settlement with Securities and Exchange Board of India does not preclude a recognized stock exchange from subsequently imposing a fine for the same underlying non-compliance where the regulatory framework and the settlement order expressly preserve such action. The note highlights the importance for listed entities of carefully assessing the scope of settlement orders and any express reservations preserving parallel regulatory action.
S&R Associates expands Mumbai office
S&R Associates is pleased to announce the expansion of its office in Mumbai.
ANI Media v. OpenAI: Reconciling Copyright Protection with AI Innovation
This note analyzes the Delhi High Court’s decision to dismiss the interim application filed by ANI Media Private Limited against OpenAI OPCO LLC on copyright infringement arising from both the training of large language models and their output generation.
The decision carries important implications for content owners (who should consider implementing technological barriers, strengthening contractual protections and entering into licensing arrangements with AI developers), AI developers (who should ensure training practices are structured around internal use and implement safeguards against verbatim reproduction) and companies deploying third-party AI tools (who should secure appropriate vendor representations and indemnification for IP-related claims). While the decision provides an indicative framework and a level of business certainty, it was rendered at the interim stage and is unlikely to be the final word, with several important issues awaiting determination at trial.