Corporate

JSA, AZB act on Dascher’s buy of Dascher India from Indian JV partner AFL

J Sagar Associates (JSA) advised German shipping and logistics provider Dachser in acquiring 50 per cent shares of Dachser India from its local joint venture partner the AFL Group which was advised by AZB & Partners. JSA Bombay M&A partner Sandeep Mehta, senior associate Arup Pereira and a...

Britannia gets new GC: Phoenix Mills legal GM Sudarshan KC joins

Phoenix Mills general manager legal Sudarshan KC has joined consumer foods giant Britannia Industries as its head legal in Bangalore earlier this month. Before joining Phoenix Mills in 2012 was deputy general manager legal at the UB Group, GM-legal at Kingfisher Airlines, and an independent practiti...

Khaitan & Co acts opposite OP Khaitan on Biba Apparels buy of Anju Modi’s ABD

Khaitan & Co advised Anju Modi, promoter of Anjuman Brand Designs (ABD), in selling a 26.66 per cent stake in ABD to retail brand Biba Apparels, which was advised by OP Khaitan & Co. Khaitan Delhi partner Bharat Anand and associate partner Harsh Kumar acted for Anju Modi. OP Khaitan managi...

Impact Law Ventures partner Suhas Baliga peels off to start Innove Law for early-stage VCs alongside lobbying firm

Baliga
Baliga
Impact Law Ventures partner Suhas Baliga left the firm in June to start up Innove Law.

Amarchand Delhi acts for Sumitomo on Rs 200 cr buy of Kochhar-client Carzonrent

Amarchand Mangaldas together with Japanese firm Anderson Mori & Tomotsune advised Sumitomo Corporation Japan, with Amarchand also advising SMAS Auto Leasing India on acquiring the auto leasing business of New Delhi-based Carzonrent, which was advised by Kochhar & Co. The acquisition was fo...

Nayar Agrawal LC question constitutional validity of ACB police powers in Murli Deora challenge to Kejriwal graft FIR

Nayar Agrawal Law Chambers is acting for former minister for petroleum and natural gas, Murli Doors, in his challenge to former Delhi chief minister Arvind Kejriwal’s anti-corruption FIR against him. Nayar Agrawal partner Kartik Nayar with advocate Himanshu Gupta is acting for Deora who, in the FIR,...

Khaitan, JSA act on $80m RICO divestment of stake in FCC Rico to FCC Co

Khaitan & Co advised automobile multinational FCC Co in buying RICO Auto’s entire shareholding in FCC RICO for $80m (Rs 495 crore). RICO Auto was advised by J Sagar Associates. Khaitan Mumbai corporate partner Zakir Merchant and competition partner Avaantika Kakkar acted for FCC Co. JSA Delhi p...

BJP spokesperson Meenakshi Lekhi: ‘I want to extend protection’ for Indian lawyers, want more US visas

lshf5dam
lshf5dam
Supreme Court advocate, Lok Sabha member and BJP spokesperson Meenakshi Lekhi, speaking at a legal conference yesterday, said that she would ‘extend protection’ for Indian lawyers against the entry of foreign law firms to India.

AZB, ELP act on DaVita’s buy in Express clinics

AZB & Partners advised dialysis service provider DaVita Healthcare Partners in buying 49 per cent stake in Express Clinics which was advised by Economic Laws Practice (ELP). AZB Mumbai partner Alka Nalavadi and senior associates Percis Anklesaria, Vijay Manjrekar and Arvind Ramesh acted for Dav...

Delhi HC slams lower courts’ ‘cavalier’ [read hare-brained] interrogation of 2-year-old rape victim in pro bono case win

Pro bono legal assistance NGO iProbono won a Delhi high court appeal yesterday for a now six-year-old rape victim, with the high court slamming the magistrate and trial judge in her case for questioning her like an adult witness while recording her testimony.

E&Y tax team exodus: Lawyer & ED Amit Bhagat joins Big 4 rival PwC as partner with team

Bhagat & Team
Bhagat & Team
Ernst & Young (EY India) executive director Amit Bhagat joined PricewaterhouseCoopers (PwC) as a partner in the indirect tax practice with his team of 12 professionals.

JSA, AZB act on Sterling’s $142m sale to Thomas Cook

J Sagar Associates advised Bay Capital Investment Managers and the promoters of Sterling Holiday Resorts India on selling Sterling for Rs 870 crore to the Prem Watsa-backed Thomas Cook India, which was advised by AZB & Partners. JSA Mumbai partners Sandeep Mehta and Rajesh Pal and senior associ...

AZB, Khaitan act on Japan-Pune Viscas-Sterlite JV

AZB & Partners advised Japanese power giant Viscas Corporation on its joint venture with Pune–based optical fibre maker Sterlite Technologies which was advised by Khaitan & Co. AZB Delhi partner Yashwant Mathur, senior associates Namrata Vishwanath and Esha Pruthi and associates Abhyudai S...

Khaitan hires independent Bombay tax-pert Hormaz Daruwalla as equity partner

Khaitan & Co hired independent counsel Hormaz Daruwalla as an equity partner in its indirect tax team, reported Bar & Bench . Daruwalla has over 27 years of experience practicing in the Bombay high court and tax tribunals, after graduating from GLC Mumbai. He began his career with Crawford...

AZB catches up to Amarchand, Luthra in Q3 M&A rankings as US firms lead over UK abroad

Amarchand Mangaldas maintained its top spot in intelligence provider mergermarket’s M&A league rankings this quarter.

JSA, Amarchand Bangalore act on Goldman Sachs exit of City View to Blackstone, Embassy

J Sagar Associates (JSA) advised Wall Street bank Goldman Sachs in the sale of its 73 per cent stake in City View Bangalore Properties to a joint venture floated by Blackstone and realty player Embassy Group. Blackstone and Embassy were advised by Amarchand Mangaldas and Simpson Thacher & Bartl...

Advaya partners Universal Mumbai starter Sharanya G, targets double-size after Delhi launch

Sharanya G
Sharanya G
Advaya Legal has expanded its Mumbai footprint with Universal Legal Mumbai founding partner Sharanya G, only several months after starting a small Delhi office.

AZB promotes Vaidhyanadhan Iyer to Mumbai partnership

Iyer: Thrilled
Iyer: Thrilled
AZB & Partners in Mumbai has promoted Vaidhyanadhan Iyer to its partnership.

IC Legal doubles headcount, hires 3rd M&A-PE partner with Nishith Desai lateral

Ranka
Ranka
IC Legal has hired Nishith Desai Associates (NDA) senior associate Sambhav Ranka as an equity partner in its Andheri office.

First Verus lateral partner: Ex-Dua/Tatva manager Siddharth Bhavnani joins

Verus has hired former Dua Associates and Tatva Legal manager Siddharth Bhavnani as a partner in Delhi. He will join the firm from 1 October, specialising in M&A, joint ventures and real estate. Bhavnani obtained his undergraduate in law from the University of Leicester in 2006, and then worked...