PXV mans UAV maker’s sell-out to Tata, with AZB

Tuesday, 11 December 2012 By Legally India Corporate M&A

PXV Law Partners advised its old client Aurora Integrated Systems and its promoters in selling out to Tata group’s Tata Advanced Systems (TASL) which was advised by AZB & Partners.

PXV Law Partners partners Deepto Roy and Pingal Khan with associate Namritha Joseph acted for the Bangalore-based Aurora which claims to be India’s leading system integrator offering field tested UAS technology. It started up in March 2011, backed by the Tata group.

AZB & Partners Bangalore partners Vivek Bajaj and Niyatha Srinivasa with associate Vydyanathan L acted for TASL which is the wholly owned aircraft and defense systems subsidiary of Tata Sons.

PXV Law PartnersAZB & Partners

Comments

Tired Warrior 11 Dec 2012, 09:03
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After the initial flare up, these PXV chaps seem to have quietly gone about doing better deals. Hope at least one of these startups become successful.
bah 11 Dec 2012, 09:27
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[quote name="Tired Warrior"]After the initial flare up, these PXV chaps seem to have quietly gone about doing better deals. Hope at least one of these startups become successful.[/quote]
won't last..
A2 11 Dec 2012, 09:50
+0 -0
[quote name="bah"][quote name="Tired Warrior"]After the initial flare up, these PXV chaps seem to have quietly gone about doing better deals. Hope at least one of these startups become successful.[/quote]
won't last..[/quote]

But why?
bah 11 Dec 2012, 11:39
+0 -0
[quote name="A2"][quote name="bah"][quote name="Tired Warrior"]After the initial flare up, these PXV chaps seem to have quietly gone about doing better deals. Hope at least one of these startups become successful.[/quote]
won't last..[/quote]

But why?[/quote]
calcutta office was shut down v abruptly after expansion, hence my doubts.
nlu 11 Dec 2012, 15:18
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[quote name="bah"][quote name="A2"][quote name="bah"][quote name="Tired Warrior"]After the initial flare up, these PXV chaps seem to have quietly gone about doing better deals. Hope at least one of these startups become successful.[/quote]
won't last..[/quote]

But why?[/quote]
calcutta office was shut down v abruptly after expansion, hence my doubts.[/quote]

thats not correct. i interned at pxv's new camac street office in cal even after the split.
#ShadowWarrior 13 Dec 2012, 04:31
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good work... nice to see young kids living up to their dreams and achieving laurels.. PXV should aim to capture more such deals and quietly establish a strong niche practice
#shadow is watching..
Batchmate 11 Dec 2012, 16:17
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Good to read Deepto get a big deal like this. One of the best lawyers out there and was gutsy enough to give up a safe jobv at amarchand. Wish him all the best.
Kootrapalli 12 Dec 2012, 03:17
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wait and watch - by 21 Dec 2012 everything will come to an end. PXV as well.
#ShadowWarrior 13 Dec 2012, 04:33
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hmm...#shadow senses a disturbance in the force...#shadow is watching closely..
Nikky Titli 12 Dec 2012, 05:16
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LI, please don't make statements like "which claims to be India’s leading system integrator offering field tested UAS technology".... When they are saying this, I am sure they are...
kianganz 12 Dec 2012, 10:49
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We can not really judge whether a company or a law firm is a leading company or law firm or not, so if someone else is claiming on their website that they are a leading company, we'll attribute that statement to them rather than making it ourselves when we claim no expertise to be able to back up or investigate such a claim.

Best wishes,
Kian
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