{"id":363758,"date":"2025-10-14T15:00:25","date_gmt":"2025-10-14T09:30:25","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=363758"},"modified":"2025-10-14T14:49:20","modified_gmt":"2025-10-14T09:19:20","slug":"sam-co-advises-jtrf-railway-wheel-axle-agreements","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2025\/10\/14\/sam-co-advises-jtrf-railway-wheel-axle-agreements\/","title":{"rendered":"SAM &#038; Co. advises JTRF on Railway Wheel and Axle Production Line Agreements"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">Shardul Amarchand Mangaldas &amp; Co. (SAM) advised Jupiter Tatravagonka Railwheel Factory Private Limited (JTRF) on two separate sets of agreements: (i) with MAG IAS GmbH (MAG Germany) and MAG IAS India Pvt. Ltd. (MAG India) for the supply, erection and commissioning of state-of-the-art production lines  for railway wagon axles; and (ii) with Honor Seiki Co., Ltd. (Honor Seiki) for the supply, erection and commissioning of state-of-the-art production lines for railway wagon wheels.<\/p>\n<p style=\"margin-bottom: 3%;\">The transactions involved a multi-jurisdictional contracting framework, with MAG Germany and MAG India (part of the Fair Friend Group) supplying and commissioning the axle line, and Honor Seiki supplying and commissioning the wheel line. The deal was structured through a series of supply and service agreements designed to streamline the procurement and commissioning process across India, Germany, and Taiwan respectively.<\/p>\n<p style=\"margin-bottom: 3%;\">Shardul Amarchand Mangaldas &amp; Co. acted as legal counsel to JTRF, advising on the transaction structure, drafting and negotiation of the supply and service agreements, and coordinating closing formalities across multiple jurisdictions.<\/p>\n<p style=\"margin-bottom: 3%;\">The SAM &amp; Co. team was led by Abhishek Guha, Partner; Deepto Roy, Partner; Shubham Sharma, Principal Associate; Vaibhav Gwalani, Associate; Tejash Bhandari, Associate; and Harshita Chitlangia, Associate.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">Shardul Amarchand Mangaldas &amp; Co. acted as legal counsel to JTRF, advising on the transaction structure, drafting and negotiation of the supply and service agreements, and coordinating closing formalities across multiple jurisdictions.<\/p>\n","protected":false},"author":67011,"featured_media":363759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[74207,90840,90839,58260],"class_list":["post-363758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-jtrf","tag-production-line-agreements","tag-railway-wheel-and-axle","tag-sam-co"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SAM &amp; Co. 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The Court was hearing the matter Government tender for the work of\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":316028,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/03\/04\/objective-purpose-timelines-ensure-early-supply-green-energy-reduction-carbon-footprint-sc-directs-seci-recover-bank-guarantee\/","url_meta":{"origin":363758,"position":4},"title":"Timelines in renewable energy sector ensure early supply of green energy and reduction of carbon footprint: SC directs SECI to recover bank guarantee","author":"Apoorva","date":"March 4, 2024","format":false,"excerpt":"Supreme Court added that if the payment of Rs.10 crores along with interest as directed, is not refunded within six months from the date of this order, SECI will be entitled to recover Rs. 10 crores plus interest as per the provisions of the Electricity Act, 2003.","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"SECI","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/SECI.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/SECI.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/SECI.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/SECI.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":35531,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/02\/11\/mou-signed-between-ministry-of-railways-and-governments-of-telangana-for-formation-of-joint-venture-companies\/","url_meta":{"origin":363758,"position":5},"title":"MoU signed between Ministry of Railways and Government of Telangana for \u201cFormation of Joint Venture Companies","author":"Sucheta","date":"February 11, 2016","format":false,"excerpt":"Memorandum of Understanding\u00a0(MoU) between Ministry of Railways and State Government of Telangana\u00a0for \u201cFormation of Joint Venture Companies for Development of Railway Infrastructure in the State\u00a0of Telangana\u201d\u00a0has been signed 11.02.2016. 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