TRANSACTION SUMMARY: SUCCESSFUL RESOLUTION OF DS KULKARNI DEVELOPERS LIMITED
DSK advised and assisted Mr. Manoj Kumar Agarwal, Resolution Professional of DS Kulkarni Developers Limited (“DSKDL”) with respect to the corporate insolvency resolution process of DSKDL as per the provisions of the Insolvency and Bankruptcy Code, 2016.
DSK Legal is delighted to share that our Managing Partner, Mr. Anand Desai, has been appointed as a member of the Court at the London Court of International Arbitration (LCIA) for a five year term.
The LCIA is one of the world’s leading international institutions for commercial dispute resolution. It provides efficient, flexible and impartial administration of arbitration and other ADR proceedings, regardless of location, and under any system of law.
Transaction Summary – Excel Controlinkage Private Limited
DSK Legal advised Excel Controlinkage Private Limited (Excel) and its Promoters in relation to sale of their 100% shareholding in Excel to Greaves Cotton Limited (GCL) in four tranches. The first tranche will comprise of sale of 60% shareholding in Excel. The deal value is approximately INR 385,00,00,000/- (Indian Rupees Three Hundred and Eighty Five …
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Litigation Summary – Brihan-Mumbai Electricity Supply & Transport Undertaking
In a recent judgment delivered by the Hon’ble Supreme Court of India (“Hon’ble SC”), the Special Leave Petition (“SLP”) filed by Tata Motors Limited (“Tata”) was dismissed, while the counter-SLPs filed by Brihan-Mumbai Electricity Supply & Transport Undertaking (“BEST”) were allowed.
Moving to next Orbit: India’s New Space Policy Sets Course for the Future
On April 20, 2023, the Indian Space Research Organisation (ISRO) and the Indian National Space Promotion & Authorisation Centre (IN-SPACe) released the Indian Space Policy 2023 (“Policy”) (accessible here), which was recently approved by the Cabinet Committee on Security to enable India to pursue a holistic approach and encourage private sector participation in the entire …
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TRANSACTION SUMMARY
DSK Legal advised SRL Limited, a subsidiary of Fortis Healthcare Limited, in relation to acquisition of the business of M/s Lifeline Laboratories (“Target”), to expand SRL’s footprint in Delhi NCR region in the diagnostic services domain.
TRANSACTION SUMMARY
DSK Legal advised Religare Enterprises Limited (“Religare”) in relation to its acquisition of 100% shareholding of MIC Insurance Web Aggregator Private Limited (“Target Company”) from iGear Holdings Private Limited (“iGear”), an Indian Express Group entity. With this acquisition, Religare aims at expanding its foothold in the insurance distribution space.
DSK Legal shifts to new offices in Mumbai & Pune
In line with its continuing growth, DSK Legal has shifted to larger offices in Mumbai and Pune. Equipped with the necessary amenities and state-of-the-art infrastructure, the new offices will provide a harmonious work environment for lawyers and clients.
TRANSACTION SUMMARY
DSK Legal advised Redcliffe Labs on the acquisition of Medicentre Sonography & Clinical Lab by way of a slump sale transaction, to expand Redcliffe’s footprint in India in relation to the delivery of diagnostic services. The consideration payable to the sellers was a mix of cash and equity.
DSK Legal appoints 4 Partners and 3 Associate Partners
DSK Legal has promoted Associate Partners Abhishek Singh Baghel, Jayesh Kothari, Mitali Naik and Nakul Batra as Partners; and Principal Associates Akanksha Tiwary, Prachi Garg and Prachi Gupta as Associate Partners.