Cyril Amarchand Mangaldas advised on the internal restructuring of the GMR Group by way of demerger of the cargo business of GMR Air Cargo and Aerospace Engineering Limited into GMR Aero Technic Limited under Sections 230 to 232 of the Companies Act, 2013.
The transaction was led by Pranay Chandran, Partner; with the support from Sayali Jadhav and Pranav Sharma, Senior Associates; and Ajitesh Arya, Associate.
Tapan Deshpande, Director – Corporate Litigation and Aekaanth Nair, Principal Associate — Designate; advised on the dispute aspects of the transaction.
Dhruv Rajain, Partner; with support[ from Vrinda Gundam, Senior Associate Designate; advised on competition aspects of the transaction.
