Luthra and Luthra Law Offices
(The following information was supplied by the firm)
Firm Overview
Since its inception in 1990 which coincides with India’s economic liberalization, Luthra and Luthra Law Offices has assisted numerous multinational corporations to set up their presence in India, and navigate the complex Indian legal system.
Our team is known for seamlessly executing high value complex transactions. We have advised on a significant number of innovative and complex, cross-border & domestic deals, some being the first of their kind in the business ecosystem in India.
Managing Partner: Harry Chawla
Number of Partners: 62
Additional lawyers and staff: 320
Main Areas of Practice:
Corporate/M&A:
Contact: Nishant Singh, Shinoj Koshy
Private Equity:
Contacts: Naveen Syiem, Jay Parikh
Banking & Finance:
Contacts: Girish Rawat, Karan Mitroo
Capital Market:
Contacts: Geeta Dhania
Competition & Antitrust:
Contacts: G.R. Bhatia, Arjun Nihal Singh
Dispute Resolution:
Contacts: Sanjeev Kumar, Ritu Bhalla, Faisal Sherwani
Projects, Infrastructure & Energy:
Contacts: Avirup Nag, Deepak Kumar Thakur
Tax:
Contacts: Sanjeev Sachdeva
Intellectual Property Rights:
Contacts: Amit Panigrahi
White Collar Crime:
Contacts: Faisal Sherwani
Anti-Corruption & Compliance:
Contacts: Shinoj Koshy
Real Estate:
Contacts: Vaibhav Suri
Employment:
Contacts: Sanjeev Kumar
TMT:
Contact: Asim Abbas
Restructuring:
Contact: Piyush Mishra
Other Practice Areas:
Aviation
Construction
Corporate Governance
Environment
Health & Pharmaceuticals
Insolvency & Restructuring
Insurance & Re-Insurance
International Trade (WTO) Laws and Policy & Advisory
Investment Funds
Mining
Public Procurement
Retail & Franchising
Regulatory
TMT (Technology, Media & Telecoms)
Key Contacts
Managing Partner:
Harry Chawla
+91 11 4121 5100
[email protected]
Firm Rankings
Aviation
Band 2
8.0
Banking & Finance
Band 2
8.5
Capital Markets
Band 3
7.5
Capital Markets: Debt
Band 2
8.0
Capital markets: Equity
Band 2
8.0
Competition/Antitrust
Band 1
9.0
Corporate/M&A
Band 1
9.0
Dispute Resolution
Band 3
7.0
Funds
Band 2
8.0
Insurance
Band 2
8.0
IP
Band 3
7.0
Labour & Employment
Band 2
8.0
Litigation
Band 2
8.0
Private Equity
Band 3
7.3
Projects
Band 1
9.5
Real Estate
Band 3
7.0
Restructuring & Insolvency
Band 1
Tax
Band 3
6.7
TMT
Band 4
4.0
Trade/WTO
Band 1
9.0
White-Collar Crime
Band 2
8.0
Lawyer Rankings
Articles
Tax Deducted at Source (TDS) is a crucial component of the Indian tax system, ensuring timely collection of taxes and reporting of taxable transactions. Non-compliance with TDS obligations can have serious ramifications, including prosecution, as stipulated under Section 276B of the Income Tax Act, 1961 (“Act”). However, recent developments, such as the Supreme Court’s ruling […]
Partner, Harish Kumar along with Managing Associate, Itee Singhal sheds light on the recently notified online gaming rules, the gaps, and the challenges which the rapidly growing gaming industry is likely to face, in an intriguing article titled – “𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐈𝐧𝐭𝐨 𝐖𝐡𝐚𝐭’𝐬 𝐈𝐧𝐬𝐢𝐝𝐞 𝐀𝐧𝐝 𝐁𝐞𝐲𝐨𝐧𝐝 𝐓𝐡𝐞 𝐍𝐞𝐰 𝐎𝐧𝐥𝐢𝐧𝐞 𝐆𝐚𝐦𝐢𝐧𝐠 𝐑𝐮𝐥𝐞𝐬”. Hitherto, there has been a […]
The Ministry of Electronics & Information Technology (“MeitY”) on November 18, 2022, unveiled the draft of the Digital Personal Data Protection Bill, 2022 (“Digital PDP Bill”) for public consultation. The Digital PDP Bill is based on essential privacy and data protection principles of legality, purpose limitation, data minimization, accuracy, storage limitation, reasonable safeguards against unauthorized […]
Partner, Shreya Sircar and Associate, Sanjukta Roy have co-authored an article titled ‘𝐅𝐨𝐫𝐟𝐞𝐢𝐭𝐮𝐫𝐞 𝐨𝐟 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐃𝐞𝐩𝐨𝐬𝐢𝐭 𝐢𝐧 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐬: 𝐁𝐚𝐥𝐚𝐧𝐜𝐢𝐧𝐠 𝐒𝐭𝐚𝐭𝐞 𝐚𝐧𝐝 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐬’ published in the Indian Journal of Projects, Infrastructure, and Energy Law (IJPIEL) Read the full article
With increased penetration of internet and technological innovation, there has been a surge of FinTech players. Especially in digital lending space, there has been an increased reliance placed by the regulated entities (i.e., the banks and non-bank financial companies who are permitted to carry out lending service providers… Read more
Print media is slowly losing its sheen. The last two decades have seen a migration of readers from traditional print media to online news. The migration is inevitable as online news is easier to access, faster, generally perceived to be free of cost and interactive. Nevertheless, it has become routine to come across appeals by […]
In furtherance of the Central Government’s initiative to popularize electric vehicles in India, the Ministry of Heavy Industries had introduced the Faster Adoption and Manufacturing of Electric (and Hybrid) Vehicles in India (“FAME”) Scheme, as a part of the National Mission on Electric Mobility, which was further enhanced in 2019 as FAME-II scheme (“FAME II”). With a […]
Online News Publishers Qua News Aggregators: A Competition Law Tussle In India Print media is slowly losing its sheen. The last two decades have seen a migration of readers from traditional print media to online news. The migration is inevitable as online news is easier to access, faster, generally perceived to be free of cost […]
Tax Deducted at Source (TDS) is a crucial component of the Indian tax system, ensuring timely collection of taxes and reporting of taxable transactions. Non-compliance with TDS obligations can have serious ramifications, including prosecution, as stipulated under Section 276B of the Income Tax Act, 1961 (“Act”). However, recent developments, such as the Supreme Court’s ruling […]
As the world moves towards a sustainable future, electric vehicles have emerged as a game-changer. However, recent developments have sparked discussions about the potential consequences of reducing subsidies in the electric two-wheelers industry. In furtherance of the Central Government’s initiative to popularize electric vehicles in India, the Ministry of Heavy Industries had introduced the Faster […]
Hitherto, there has been a legislative inconsistency, with different states adopting different approaches when it comes to regulating online games. Often #onlinegames involving money are mixed with #gambling and thereby regulated on the same footing despite of several judicial rulings, which explains the distinction between the two. It would have to be seen if the […]
The Ministry of Electronics & Information Technology (“MeitY”) on November 18, 2022, unveiled the draft of the Digital Personal Data Protection Bill, 2022 (“Digital PDP Bill”) for public consultation. The Digital PDP Bill is based on essential privacy and data protection principles of legality, purpose limitation, data minimization, accuracy, storage limitation, reasonable safeguards against unauthorized […]
Union Budget 2023 has proposed to hike the tax exemption limit on leave encashment at the time of retirement for non-government, salaried employees from Rs 3 lakh to Rs 25 lakh. Archit Gupta, founder and chief executive officer (CEO), Clear, says, “Normally, at the time of retirement or resignation, people get some money for not […]
Arbitration today has become a frequent and preferred way of dispute settlement – a far cry from the days of the Alabama claims between the United States and United Kingdom which were settled peacefully by arbitration in 1872 at the Salle de l’Alabama of the town hall in Geneva, Switzerland. Over the years arbitration has […]
This article explores the links between the UK and India and their relevance today, particularly at a time when both countries are positioning to account for new realities. The article highlights how investment and trade between the two countries have grown significantly, in particular, outbound investments london from India to the UK including during the pandemic and how the swift conclusion of the Free Trade Agreement will only further increase the […]
After the first industrial revolution, rapid improvement in technology, electrification, and transportation led to the second industrial revolution (often referred to as the technological revolution). One of the results of this second industrial revolution was that larger businesses/corporations (trusts) became more prevalent, and there began a concentration of economic powers. “Anti-trust law” therefore, became a […]
The Ministry of Electronics and Information Technology (“MeitY“) vide press release dated January 02, 2023, released the draft amendments (“Draft Amendment“) to the Information Technology (Intermediary Guidelines & Digital Media Ethics Code) Rules, 2021 (“Intermediary Guidelines“) pertaining to online gaming for public consultations. The Draft Amendment aims to streamline the regulatory framework for online gaming […]
TELECOMMUNICATIONS 1. TRAI released recommendations on Regulatory Framework for Promoting Data Economy Through Establishment of Data Centres, Content Delivery Networks and Interconnect Exchanges in India. The Telecom Regulatory Authority of India (“TRAI”) vide publication dated November 18, 2022 released the recommendations on “Regulatory Framework for Promoting Data Economy Through Establishment of Data Centres, Content Delivery […]
The Ministry of Communications (“Ministry“) has recently released a proposed draft Indian Telecommunications Bill, 2022 (“Draft Bill, 2022“) to govern the telecommunication sector in India. The Draft Bill, 2022 was prepared, based on the feedback received from industry stakeholders on the consultation paper released by Department of Telecommunication’s (“DoT“) in July 2022 and proposes to […]
To Poach Or Not To Poach – Potential Risks From A Competition Law Standpoint In a free market, businesses compete to offer the best range of products at the most competitive prices. Similarly, competition among employers to recruit employees leads to better terms and increased opportunities for employees. A non-poaching agreement is an arrangement/ understanding/ […]
Following the consultations on the draft rules and regulations floated by the Reserve Bank of India (“RBI”) in August 2021, the Revised Framework1 to govern overseas investments and acquisition & transfer of immovable property outside India has been notified on August 22, 2022. The Erstwhile Framework2 has been Revised Foreign entity: The erstwhile concept of […]
The Covid-19 pandemic spawned the rise of various misleading and dangerous advertisements which made a gamut of claims about products, ranging from boosting immunity to complete protection against the deadly virus. Most of these products were not health related ormedicinal and included myriad articles like apparel, floor cleanes, water purifiers, furniture etc.These instances led to […]
The boom of E-commerce in recent years has transformed the way consumers avail goods and services. The brick-and-mortal retail stores, who for decades maintained their stronghold on localities are threatened by the online purchases that is not limited by geographical boundaries. The growth of e-commerce presents both opportunities and challenges to competition policy as online […]
The use of drone technology by both private and public actors have raised significant privacy concerns for Indians. Unfortunately, the current statutory and regulatory framework proves inadequate to protect against the drone privacy intrusions. Currently, the government agencies are utilizing the drones for multitude of purposes. To illuminate, Indian Railways and Indian Forest Department have […]
On 14 March 2022, the government issued Press Note 1 of 2022 allowing 20% foreign direct investment (FDI) through the automatic route in the Life Insurance Corporation of India (LIC) a corporation established and governed under the Life Insurance Corporation Act, 1956 (LIC act). Before this press note, Press Note 2 of 2021 amended the FDI […]
Introduction The Supreme Court of the United States is once more faced with the question involving abortion rights, the Supreme Court will in Dobbs v. Jackson Women’s Health Organisation[1] revisit the precedent set in Roe v. Wade[2] where the Court had upheld the concept that privacy encompasses the right of a woman to terminate her pregnancy. In Roe[3], the Supreme Court had also […]
On 14 March 2022, the government issued Press Note 1 of 2022 allowing 20% foreign direct investment (FDI) through the automatic route in the Life Insurance Corporation of India (LIC) a corporation established and governed under the Life Insurance Corporation Act, 1956 (LIC act). Shinoj Koshy Partner L&L Partners Before this press note, Press Note 2 […]
Having canvassed options across agricultural land, occupying waste lands, and also laying siege on rooftops of residential and commercial properties, the growing market for solar power infrastructure has found anchor in water bodies, to set up Floating Solar Photovoltaic Plants (“FSPV Plants”). While conceptually FSPVs are not defined as a separate category of renewable plants, […]
The CCI vide order dated 03.03.2022 rejected the allegations of anti-competitive vertical arrangements regarding ‘deep discounting’ and ‘lack of platform neutrality’ made by the All India Online Vendors Association against Amazon Seller Services; Amazon Wholesale India; Amazon Retail; Cloudtail India; and Prione Business Services. The case fell flat on account of the Informants’ inability to […]
Telecommunications The Department of Promotion of Industry and Internal Trade (“DPIIT”) vide Press Note 4 of 2021 (“Press Note”) allowed 100% foreign direct investment (“FDI”) in the telecom sector in India through automatic route. The erstwhile legal position was, that FDI in telecom sector was allowed till 49% through automatic route, and for obtaining FDI […]
L&L Partners has recently acted for and advised NIIF Infrastructure Finance Limited in connection with the financial assistance aggregating up to INR 1.85 Billion to TVS Industrial & Logistics Parks Private Limited (“Borrower”), a group company of TVS Supply Chain Solutions Limited (the logistics arm of the TVS Group) for refinancing of indebtedness incurred / investments made in relation to the operating warehouses of the […]
Brief overview of SPAC: Globally, Special Purpose Acquisition Companies (“SPAC”) is emerging as one of the most preferred structures to essentially achieve the funding needs via access to public funds through listing. Conceptually, SPAC is a newly set-up entity with no business activity of its own, which is listed on the stock exchange for the […]
CCI finds six low density polyethylene cover manufacturers guilty of cartelisation. CCI dismisses allegations of abuse of dominance against Kerala State Beverages Corporation. CCI finds no contravention by bearings manufacturers after investigation. Read full newsletter here
As an aftermath of the climate change debates in the previous decade, a National Policy on Bio-fuels was drafted by Ministry of New and Renewable Energy (“MNRE“), Government of India in 2009. However, slow movement in the industry and un-workable commercials for production and usage of bio-fuels have posed a challenge, one that has easily […]
The Ministry of Finance has released the gazetted copy of the Foreign Exchange Management (Non-debt Instruments) (Fourth Amendment) Rules, 2021 (amendment rules). The amendment rules revise the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, with effect from 12 October 2021, the date of publication in the Official Gazette. Under the amendment rules, up to 100% […]
Press Releases
Luthra and Luthra Law Offices India has hired 2 new Partners – Rohit Sharma, who has joined the Firm’s Mumbai office as a Partner in the Insolvency and Bankruptcy team and Rubal Bansal Maini, who has joined the Firm’s Delhi offices as a Partner in the Direct Tax team Rohit Sharma […]
The Firm advised and acted for consortium of lenders in connection with financial assistance sanctioned to Oriental Infra Trust (acting through its trustee, i.e. Axis Trustee Services Limited) (“Borrower” / “InvIT”), aggregating up to INR 45483.00 Million for the purpose of partly refinancing its existing secured indebtedness and onward lending to its subsidiaries inter aliato […]
The Firm’s Capital Markets team advised Orchid Pharma Limited, a Tamil Nadu based pharmaceutical manufacturing company, in connection with its qualified institutions placement of 9,902,705 equity shares aggregating to ₹400 crore. The lead managers to this QIP were Edelweiss Financial Services Limited and JM Financial Limited. The transaction team was led by Partner, Geeta Dhania, […]
The Firm represented SVL-SME Fund (Neev Funds) in relation to its investment of up to INR 126 Crore in Nutrifresh Farm Tech India Private Limited, a leading company in the business of hydroponic farming and controlled environment agriculture. The team comprised of Partner, Jay Parikh, Managing Associate, Ayushi Toshniwal and Associate, Priyamvada Sharma. Read more
Luthra and Luthra Law Offices India represented and advised Cotonificio Honegger S.p.A., Italy (“Cotonificio”), in divesting its entire stake in ‘Raymond Luxury Cottons Limited’, a joint venture with Raymond Limited. The joint venture is in the business of high-value cotton shirting and has manufacturing facilities in Kolhapur and Amravati in Maharashtra. The transaction was jointly […]
The UK India Legal Partnership held its annual Gala Dinner and awards recently, and the founder and managing partner of Luthra and Luthra, Rajiv K Luthra has been awarded the ‘Managing Partner of the year’.
Vikash has over 20 years of overall experience. He was previously associated with Ernest & Young LLP, as Director, Regulatory Consulting. He is a qualified Company Secretary since 2002, post which he graduated in LL.B. in 2008 from Delhi University. He led a team of lawyers to ensure compliance, regulatory and other disputes/litigations, contracts, business […]
Luthra and Luthra Law Offices India, one of India’s leading full-service law firms, is pleased to announce that Shreya Sircar has joined the firm as a partner in the Dispute Resolution practice. Shreya Sircar is a highly regarded lawyer with over 13 years of experience in dispute resolution. Prior to joining Luthra and Luthra, Shreya […]
The firm advised and acted as Lenders’ legal counsel in connection with financial assistance availed by Oriental Infra Trust from a consortium of lender aggregating up to INR 13,500 million inter-alia for the purpose of acquisition of 100% stake in Biaora to Dewas Highway Private Limited. Read more
We are delighted to announce that Dr. Amar Patnaik, a Member of Parliament in Rajya Sabha and recipient of the Sansad Ratna Award 2022 has joined Luthra and Luthra Law Offices India as an of-counsel. Read more
The Team was successful in convincing the court to dismiss the appeals filed by the Income Tax Department, proposing to raise substantial questions of law on various issues. The Judgment resulted in… Read more
Luthra and Luthra Law Offices India recently advised FINN Partners Limited on its acquisition of SPAG Consultants Private Limited. Finn Partners is one of the fastest-growing global, independent marketing and communications agencies in the world. FINN provides clients with global access and capabilities in the Americas, Europe and Asia. SPAG is a leading, Asia-headquartered, health-sector […]
Partner, Girish Rawat shares his thoughts on the non-disposal undertaking (NDUs) with Bloomberg News and Yahoo Finance in the recent story titled – “Adani Encumbers $13 Billion Stake in Newly Bought Cement Units”. Read more
Ranked Top 10 in the Global Clean Energy League Tables at Bloomberg We are delighted to announce that Luthra and Luthra Law Offices India has topped the charts with the highest ‘Deal Count’ globally for clean energy deals in the recently released Bloomberg NEF 3Q 2022 Clean Energy League Tables For three years in a […]
Luthra and Luthra advises Sembcorp in relation to supply of WTG and development of a 180.6 MW wind power project in Karnataka The Firm recently assisted Sembcorp (and its renewables subsidiary Green Infra Wind Energy Limited) in relation to finalising and executing equipment supply and project development agreements with Suzlon Group for (i) supply of […]
Luthra and Luthra Law Offices India celebrated its ‘32nd Annual Day’ on Saturday, the 10th of September 2022 in the most unique way with members gathered physically at respective offices and all offices connected virtually. The evening commenced with the Firm’s Founder & Managing Partner, Mr. Rajiv K Luthra addressing everyone; sharing his vision about the Firm’s expansion plans […]
The Firm advised and acted for State Bank of India in connection with financial assistance sanctioned to Binjhabahal to Telebani section, k.m. 414.000 to k.m. 491.710 (design chain age k.m. 414.982 to k.m. 493.300) of NH-6 (new NH-49) Highway Private Limited (an Oriental group company) aggregating up to INR5988.30 Million for the purpose of re-financing of […]
The Firm recently acted as Lenders’ Legal Counsel forL&T Finance Limited in relation to the financing made available to Kappirikkad Highways Private Limited, for an amount of INR 628 Crores in connection with six laning from Kappirikkad to Thalikulam section of NH-66 (old NH-17) in the state of Kerala on Hybrid Annuity Mode under Bharatmala […]
Luthra & Luthra Law Offices started its journey over 3 decades ago, setting a benchmark for high quality modern legal services in a new and liberalised Indian economy. It soon came to be recognised as one of the largest top-tier law firms in the country, providing sound legal advice across industry sectors and won many accolades (both national and […]
Luthra & Luthra Partners advised HealthQuad in the Series B round of USD 20 million in Wysa, an artificial intelligence-based mental health platform. The Firm was involved in originating the transaction documents, negotiating thereon, advising the company on legal and secretarial compliances, and running the pre-and-post closing aspects of the transaction. As part of the transaction, the […]
L&L Partners advised Surfboats Solutions Private Limited (Surfboats) on its Series A1 Round of investment lead by Fireside Ventures Investment Fund – II (Scheme Of Fireside Ventures Investment Trust II) (Fireside) and Roots Ventures-II (Roots) through which is has raised INR ~100 Crores. In addition to Fireside and Roots, the round witnessed participation of inter alia Waao Partners, […]
Deal 1 – SWAMIH Fund in connection with an investment in the non-convertible debentures The Firm acted for and advised SWAMIH Fund in connection with an investment in the non-convertible debentures to provide last mile finance for the completion of construction of a group housing project in the state of Rajasthan. The Firm assisted the […]
L&L Partners recently advised Honasa Consumer Private Limited (HCPL) on its acquisition of the majority shareholding of Fusion Cosmeceutics Private Limited (Dr. Sheth’s) by way of primary and secondary transactions. HCPL is a major player in the consumer goods sector operating under the brand name ‘Mamaearth’ and has recently joined the ‘Unicorn’ club at a valuation […]
L&L Partners is one of the prominent law firms in India and, keeping pace with the changing landscape, the firm has boosted its green initiatives both internally and externally and has set a carbon-zero target across all its offices. To implement this, the firm has set up a robust ESG practice and a ‘Green Project’ […]
The Firm recently acted as Lenders’ Legal Counsel for NIIF Infrastructure Finance Limited in relation to the financial assistance aggregating up to INR 246.48 crores. The transaction involved part-refinancing of 3 separate solar power projects set up in state of Karnataka under 3 project SPVs, promoted by O2 Power. As Lenders’ Legal Counsel, the team at L&L Partners was involved in drafting, reviewing, […]
Venus Pipes IPO has been recognized as the ‘Fastest Subscribed IPO’ and received the Certificate of Excellence by the prestigious Golden Book of World Records L&L Partners – Capital Markets team advised Venus Pipes & Tubes Limited, a Gujarat based company engaged in the manufacturing and exports of stainless-steel pipes and tubes(the “Company”) and SMC Capitals […]
L&L Partners, tax team has recently secured a significant victory for its client, Perkins India Private Limited (part of the Caterpillar Group), before the Hon’ble High Court of Madras. The Firm has successfully defended a writ appeal filed by the income tax department before the division bench of High Court, against the order of Single Judge. […]
The Firm successfully assisted and represented the Resolution Professional and the Monitoring Agency throughout the Corporate Insolvency Resolution Process of M/s Crest Steel and Power Pvt. Ltd. [CSPPL] Our role: The team advised and acted initially for the Resolution Professional [“RP”] of CSPPL right from the inception of the CIRP, i.e. the Insolvency Commencement Date […]
L&L Partners advised on financing 3000 all-electric cars to be operated by Blu-Smart Mobility on its ride hailing platform in Delhi- NCR Region. Our role: The Firm advised and acted for Indian Renewable Energy Development Agency Limited (IREDA) in connection with financial assistance aggregating up to INR 2676.70 Million for part financing the cost of […]
The Firm’s Banking and Finance Team recently advised Aditya Birla Finance Limited (the “Lenders“) in connection with financial assistance in the form of rupee loan facilities for an aggregate principal amount of INR 51,70,00,000 (Rupees Fifty One Thousand and Seventy Lakhs) made available to Fogo Energy Ventures Private Limited (the “Company“), subsidiary of Fourth Partner, for the […]
L&L Partners – Capital Markets team recently advised HSBC Securities (USA) and Roth&Co. Congratulations Team – Partner, Geeta Dhania, Partner Designate, Prashaant Vikram Rajput ably assisted by Partner, Pallavi Bedi; Partner, Neha Sinha and Partner, Kunal Mehra. The partners’ were supported by Managing Associate, Danish Khan, Senior Associate, Ashita Bali, Associates – Preeti Uikey, Anshul Semwal, Saher Fatima, Kopal Agarwal, Radhika Malpani. Continue reading
Deal Reports Deal 1 – HPCL on its acquisition of the entire shareholding of BBlunt The Firm recently advised HPCL on its acquisition of the entire shareholding of BBlunt and its subsidiary (BBlunt Spratt from their erstwhile shareholders including its majority shareholder, Godrej Consumer Products Limited (GCPL). The overall value of the transaction is approximately […]
L&L Partners has recently represented and advised InterviewBit Technologies (“Scaler Academy”), an edtech start-up that offers courses to working professionals in India and abroad to upgrade their skills, in raising $55 million in its Series B financing round. Our Role: Role entailed originating the transaction documents, negotiating thereon, preparing disclosure schedule, advising the company on legal […]
The Firm recently acted for and advised SWAMIH Fund in connection issuance of non-convertible secured debentures aggregating up to INR 1.65 Billion by DSS Buildtech Private Limited (“Issuer”), a subsidiary of Silverglades Holdings Private Limited for part financing the cost of construction of the GH project titled “The Melia” [RERA registration number 288 of 2017] comprising of 12 residential towers (Towers A, B, C, D, E, […]
The Firm has recently acted for and advised L&T Finance Limited, in connection with the financial assistance aggregating up to INR 338,79,00,000/- to Sannur Bikarnakette Highways Private Limited (“Borrower”), a subsidiary of Dilip Buildcon Limited, for part financing the setting up of the Four-laning of Sannur to Bikarnakette section from existing Km 698.850 to existing Km 744.190 (Design 45.01 Km) of […]
The Firm has recently acted for and advised L&T Finance Limited and Axis Bank Limited (the “Lenders“), in connection with the financial assistance aggregating up to Rs. 820 Crores, proposed to be provided to Solairepro Urja Private Limited (the “Borrower”), in relation to the development, construction and operation of a 250 MW AC (350 MW DC) solar PV project awarded to […]
The Firm has recently acted for and advised State Bank of India in connection with the financial assistance aggregating up to INR 969.87 Crores to Renew Solar Power Private Limited (“Borrower”), a subsidiary of Renew Power Private Limited, for refinancing existing term loans and the non-fund based facility from its existing lenders in relation to a 250 MW AC solar power […]
L&L Partners Law Offices – Capital Markets team advised Venus Pipes & Tubes Limited (the “Company”) and SMC Capitals Limited (The “BRLM”) in the filing of the draft offer document in relation to the proposed Initial Public Offering of the equity shares of the Company. The firm acted as the sole legal counsel to the Company and BRLM and was involved in conducting diligence and […]
The Firm has recently acted for and advised HDFC Bank Limited in connection with the financial assistance aggregating up to INR 5.00 Billion to Green Gas Limited (“Borrower”), a joint venture of GAIL (India) Limited and Indian Oil Corporation Limited, for takeover/refinance of outstanding existing facilities and part financing the ongoing & future capex of the Borrower for City […]
L&L Partners has recently acted for and advised NIIF Infrastructure Finance Limited in connection with the financial assistance aggregating up to INR 1.85 Billion to TVS Industrial & Logistics Parks Private Limited (“Borrower”), a group company of TVS Supply Chain Solutions Limited (the logistics arm of the TVS Group) for refinancing of indebtedness incurred / investments made in relation to the operating warehouses of the […]
#bankingandfinance Summit on the 9th of December 2021.