Deal News
Dua Associates Advises SBICAP Ventures Limited's SWAMIH Investment Fund-I In Its Rs 362 Crore Funding Of Kashish Developers Limited
Dua Associates advised and assisted SBICAP Ventures Limited's SWAMIH Investment Fund-I in its Rs 362 crore funding of Kashish Developers Limited for the Gurugram-based residential project – Manor One. This transaction once again underscores the role of the Investment Fund as a significant player in the last-mile funding of the stressed & stalled real estate projects. The team for Corporate Due Diligence and Documentation was led by Prateek Bedi (Partner), Nityashjit Kaur ...
Kochhar & Co. Successfully Defends GAIL Against Nagarjuna’s Claim Of INR 2800 Crores
Kochhar & Co. advised as legal counsel to GAIL (India) Limited in the arbitration proceedings involving Nagarjuna Fertilizers and Chemicals Limited (“NFCL”). Kochhar & Co. acted for GAIL and successfully defended claim of INR 2800 crores by NFCL. The dispute arose out of Gas Transmission Agreement (“GTA”) and Gas Sales and Transmission Agreements (“GSTAs”) executed for supplying and delivering natural gas to NFCL’s fertilizer plants at Kakinada in Andhra Pradesh. Out of NFCL’s ...
Dua Associates Advises Pavion In Its Acquisition Of Netronix Integration
Pavion (formerly Corbett Technology Solutions, Inc. "CTSI"), a leading provider of integrated solutions for fire, safety, security, and critical communications, has acquired Netronix Integration ("Netronix"). The acquisition was completed on February 28, 2023 and is expected to strengthen Pavion’s knowledge and service delivery in security technologies, such as access control, video surveillance, and intercom systems. Dua Associates’ team led by Sunil Malik, Senior Advisor and Prateek...
Argus Partners Advises Tega Industries Limited On Its Resolution Plan For Acquisition Of Mcnally Sayaji Engineering Limited
Argus Partners has successfully advised Tega Industries Limited (“Tega”) in obtaining approval from the Kolkata bench of National Company Law Tribunal for the resolution plan submitted for acquisition of McNally Sayaji Engineering Limited (“MSEL”), which was undergoing corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.The scope of engagement involved undertaking a due diligence of MSEL, drafting of the resolution plan and finalization of the same basis...
Dua Associates Advises Mphrx, A Provider Of Value-Based Care Technology And Interoperability Solutions In Stake Sale To Agilon Health
mphrX which is engaged in transforming the world of healthcare through continuous digital innovation and value-based care technology was acquired by agilon health (NYSE: AGL). The transaction closed on February 28, 2023 and represents a $45 million investment by agilon. Dua Associates’ team of Partners Prateek Bedi and Angad Varma, Senior Advisor Sunil Malik, Principal Associates Nityashjit Kaur and Rahul Goyal, advised mphrX on Indian law aspects of the transaction including advise on...
Saraf And Partners Elevates 5 Partners To Senior Partners
Saraf and Partners announced the elevation of five partners to Senior Partners. The promotion is a recognition of their outstanding performance, commitment, and contribution to the growth and success of the firm. The new Senior Partners are - Sanjeev Sharma, Vikrant Kumar, Bikash Jhawar, Manmeet Singh, and Vaibhav Kakkar. They have all demonstrated exceptional leadership skills and have consistently provided excellent service to our clients. Each of these partners brings a unique set...
SRGR Law Offices Joins Saraf And Partners
Saraf and Partners hosted a Holi Celebration party which witnessed a gathering of 200+ people including Partners & lawyers, and number of American Bar Association members. The celebration doubled with the announcement that SRGR Law Offices, a boutique real estate law firm is joining Saraf and Partners. SRGR Law Offices was co-founded in 2009 by Saroj Kumar Jha and Ravi Bishnoi, having close to three decades of experience, specializing in real estate sector. Both Saroj and Ravi...
NCLT Delhi Approves Resolution Plan For Boulevard Projects Private Limited
The National Company Law Tribunal, Principal Bench, New Delhi comprising of Justice Ramalingam Sudhaka (President) and Shri Avinash K. Srivastava (Technical Member) has approved the Resolution Plan filed by the Resolution Professional, Amit Agarwal in the matter of Boulevard Projects Private Limited which was developing a high-end real estate project Delhi One. Background Facts: In 2018, SGM Webtech Private Limited (“SGM”) as a financial creditor filed an application under...
Singhania & Co. Bolsters Its Corporate And Tax Practice : K. Venkata Ramana Joins As Partner And Kamal Aggarwal As Senior Advisor
Singhania & Co. has onboarded K. Venkata Ramana as Partner and Kamal Aggarwal as Senior Advisor in the Firm’s Corporate and Indirect Tax teams respectively. K. Venkata holds MBA (IIFT), LL.B., Fellow Member, ICSI, Qualified Insolvency Professional and Independent Director and will be based out of the Firm’s Mumbai office. K. Venkata has had an illustrious career spanning over 3 decades with rich experience in advising on various facets of business contracts management, litigation...
Shreya Sircar Joins Luthra and Luthra as a Dispute Resolution Partner
Luthra and Luthra Law Offices India, one of India's leading full-service law firms, is pleased to announce that Shreya Sircar has joined the firm as a partner in the Dispute Resolution practice. Shreya Sircar is a highly regarded lawyer with over 13 years of experience in dispute resolution. Prior to joining Luthra and Luthra, she was associated with Barucha & Partners and Shardul Amarchand Mangaldas, where she advised clients on complex commercial disputes, arbitration, and litigation...
Luthra And Luthra Advises Upwards Fintech On Its Acquisition By Lendingkart For INR 100 Crores
Fintech company Lendingkart Technologies Private Limited (Lendingkart) has acquired digital lending platform Upwards Fintech Private Limited for ₹100 crores, and Luthra and Luthra Law Offices India advised Upwards Fintech Private Limited and its subsidiary Upwards Capital Private Limited (Upwards) on its acquisition.Upwards offers personal loans to salaried professionals through its proprietary technology platform, which uses complex algorithms to analyze over 500 data points from a wide range...
Luthra And Luthra Advises Kidvento On USD 2.5 Million Investment Round
Kidvento Education and Research Private Limited has raised $2.5 million funding from angel investors of Middle East and the UK for building Ulipsu, its multi-potential OTT like learning platform. The investment amount was raised in tranches.The Firm advised Kidvento Education and Research Private Limited (Kidvento) on the investment round.The Company is on a mission to create a healthy relationship between children and screens by converting passive screen time to active screen time with...