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Cyril Amarchand Mangaldas advised Sammaan Capital on the proposed investment of USD 1 billion by an affiliate of International Holding Company P.J.S.C. (IHC), a global investment company, for acquisition of 43.46% stake and control of the Company.
D P Jain TOT Toll Roads Private Limited operates the Palanpur-Radhanpur-Samakhayali section of National Highway-27 from KM 536+000 to KM 430+100 in Gujarat on a TOT model.
Cyril Amarchand Mangaldas assisted 26North Partners LP, as Indian legal counsel on its acquisition of a controlling stake in AVI-SPL, the global leader in audio-video and unified communications technologies, from Marlin Equity Partners and other selling shareholders.
CAM advised and assisted Arkade Developers Limited, a listed company, in the acquisition of 100% of the share capital (on a fully diluted basis) of Filmistan Private Limited.
Cyril Amarchand Mangaldas advised Lati Industria Termoplastici S.p.A. (“LATI”)
Cyril Amarchand Mangaldas has advised and represented Nazara Technologies Limited
Separate teams from Cyril Amarchand Mangaldas acted as legal counsels on a Chinese
Cyril Amarchand Mangaldas advised Adani Ports and Special Economic Zone Limited (“Company”)
Cyril Amarchand Mangaldas advised PayU Payments Private Limited (“PayU”)
Cyril Amarchand Mangaldas advised Goldman Sachs on its acquisition of a majority stake in PeopleStrong Technologies leading human capital management SaaS provider.
Supreme Court made it clear that acquisition of land without following the due procedure would be outside the authority of law.
Shares have been acquired in Northern Arc, MG Motors, Greenko ZeroC, Nagarjuna Fertilizers, Annapurna Finance, Sharekhan, Human Value Developers, Pritam International Private Limited and Max Life Insurance.
ITAT noted that Parliament had taken due note that the Supreme Court had held that the goodwill arising on business reorganization i.e. amalgamation, slump sales, demerger etc. is a depreciable intangible asset under Section 32 of the Act.
The Commission stated that the precise delineation of relevant markets can be left open as irrespective of the delineation, the Proposed Combination will not cause any appreciable adverse effect on competition in India.
Calcutta High Court emphasized on the need to strike a balance between Article 30 of the Constitution of India and public interest.
DEAL DETAILS The Sage Group Plc | Acquisition of Corecon Technologies, Inc. and its Indian subsidiary, Corecon Technologies India Private Limited Khaitan
Shardul Amarchand Mangaldas advised Titan Company Limited (“Titan”) on the proposed acquisition of remaining 27.5% founders stake in Caratlane Trading Pvt. Ltd.
Supreme Court held that Madhya Pradesh High Court was not justified in quashing the entire Scheme providing for other connected land use, on the ground that the same has lapsed under Section 54 of the Madhya Pradesh Nagar Tatha Gram Nivesh Adhiniyam, 1973.
National Company Law Tribunal | In an application filed under S. 60(5) of the Insolvency and Bankruptcy Code, 2016, a
Axis Bank Limited – Competition Commission of India’s unconditional approval for acquisition of Citibank’s Consumer Business. Khaitan & Co Competition/ Antitrust team