Bharucha & Partners

Banking & Finance

Advising State Bank of India on granting Maharashtra State Electricity Distribution Company Limited a rupee term loan facility aggregating to INR 40 billion.

Advising Safeway Concessions on the sell down of project finance facilities provided by Yes Bank Limited to ICICI Bank Limited aggregating to INR 20 billion.

Capital Markets & Securities Law

Advising Muthoot Vehicle & Asset Finance Limited on its public issue of non-convertible debentures aggregating to INR 2 billion.

Representing Diageo Plc on an appeal before the Securities Appellate Tribunal and Securities Exchange Board of India for a monetary liability aggregating to over USD 140 million.

Mergers & Acquisition

Assisting DCB Bank Limited on its acquisition of certain assets of Abu Dhabi Commercial Bank PJSC aggregating to AED 355 million in assets and AED 691 million in liabilities.

Advising General Motors on its Asset Purchase Agreement transferring certain assets and over 1300 employees from their Bengaluru Technical Centre to Tata Consulting Service Limited aggregating to approximately USD 600 – 700 million.

Dispute Resolution

Representing Prysmian Cavi e Sistemi S.r.l. on an arbitration governed by the London Court of International Arbitration and subsequent enforcement proceedings before the Bombay High Court and the Supreme Court on disputes arising out of a joint venture agreement with several Indian parties including transfer of shares aggregating to INR 650 million and additional costs aggregating to USD 2.4 million and EUR 280 thousand.

Advising and representing Lapis India Capital on arbitration proceedings concerning defaults by promoters in developing certain infrastructure projects and providing an exit to funds aggregating to over INR 2.6 billion.

Intellectual Property

Advising and representing Sony Pictures Network India Private Limited on a copyright infringement suit filed before the Bombay High Court against soap opera, ‘Mere Dad Ki Dulhan’, putting the client at a risk aggregating to INR 400 million.

Advising and representing Vodafone Idea Limited on the registration and issue of trademarks.

Employment & Human Resources

Representing FirstSource Solutions Limited on its disputes before the labour courts and labour commissioners in the past years, including two disputes filed by its erstwhile employees for wrongful termination.

Assisting General Atlantic on their Employee Stock Option Plan as part of its investment in Capital Foods India Private Limited.

Private Equity & Investment Funds

Advising General Atlantic on its investment in Unacademy (Sorting Hat Technologies Private Limited), one of India’s largest learning platforms, for Series E funding aggregating to USD 110 million.

Advising Vedantu Innovations Private Limited on its Series C (USD 35 million), Series C extension, and Series C2 (USD 7 million) round of funding.

Projects & Project Finance

Advising Kalpataru Power Transmission Limited on its acquisition of 85% stake in Linjemontage i Grastrop AB, a Swedish EPC company, aggregating to USD 24 million.

Advising and representing Alchem International on their dispute before various fora against Dakshin Haryana Bijli Vitran Nigam’s demand for compensation of electricity purchased from Open Access aggregating to INR 68.2 million.

TMT

Representing Sony Pictures Network India Private Limited on various litigations, including: (i) its challenges to statutory instruments issued by the Telecom Regulatory Authority of India; (ii) a writ petition before the Bombay High Court challenging the order of Competition Commission of India to initiate investigation on the basis of a complaint filed by Noida Software Technology Park Ltd; and (iii) a commercial intellectual property suit before the Bombay High Court for infringement and passing off Sony marks and infringement of broadcast reproduction rights in relation to the FIFA World Cup.

Advising Vodafone Idea Limited on various issues and contentious matters, including: (i) general issues on protection of intellectual property; (ii) the challenge to Interconnection Usage Charges (IUC) before the Bombay High Court; (iii) the jurisdictional challenge to the Telecommunication Tariff (63rd Amendment) Order, 2018, before Telecom Disputes Settlement and Appellate Tribunal.

Governance, Ethics & Anti-Corruption

Representing and advising a high net worth individual on the Central Bureau of Investigation proceedings arising from the coal block allocation scam.

Representing and advising Unitech Wireless (Tamil Nadu) Private Limited (Uninor) on the 2G spectrum case before the Delhi High Court and the CBI Special Court estimated to have caused wrongful loss to the government aggregating to INR 2,868 billion.