Article on July 30, 2021
Deal Closed | Nichepharm Lifesciences Pvt Ltd | Acquisition of additional stake by Recipharm
Khaitan and Co advised Nichepharm Lifesciences Private Limited and the promoters on the transaction
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Deal Closed | 5Paisa Limited | Preferential Allotment
Khaitan & Co advised 5Paisa Limited (the “Company”) in relation to issuance of, (A) equity shares of the Company to: (i) FIH Mauritius Investments Limited; (ii) HWIC Asia Fund Class A Shares; (iii) RIMCO India Limited; and (iv) WF Asian Reconnaissance Fund Limited, and (B) issuance of warrants convertible into equity shares of the Company to: (i) Mr. Nirmal Bhanwarlal Jain; (ii) Ms. Madhu N. Jain; and (iii) Mr. Venkataraman Rajamani, promoter and promoter group of the Company, on a preferential basis.
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Deal Closed | Acme Solar Holdings Limited | Investment in 250 MW Solar Power Project By United Nations Office For Project Services’ S3i and Investment Fund for Developing Countries
Khaitan & Co Advised Acme Solar Holdings Private Limited in relation to the acquisition of a 39% stake by IFU and 10% stake by UNOPS S3i in Acme Solar’s 250 MW solar project in the state of Rajasthan.
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Deal Closed | Bionpharma Health, Inc | Slump Sale Of Orchid Pharma Business
Khaitan & Co advised Bionpharma Health, Inc. (a subsidiary of Bionpharma, Inc, USA), in relation to the proposed slump sale of business including the NPNC Formulations Division (IKKT Undertaking) at Irungattukoi, Chennai by Orchid Pharma Limited to OrBion Pharmaceuticals Private Limited, a joint venture company of Bionpharma and Orchid for a total consideration of up to INR 170 crore (approx. USD 23 million).
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CBI Books Amrapali Biotech, Its Directors Over Alleged Bank Fraud
The agency has also booked Sunil Kumar, Sudhir Kumar Chaudhary, Ram Vivek Singh, Seema Kumari, Sunita Kumari on a complaint from Punjab National Bank, they said.
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HC Asks Govt, CVC To Respond To Plea Challenging Jamia VC Appointment
A bench of Justices Rajiv Shakdher and Talwant Singh also issued notices to University Grants Commission (UGC) and Akhtar on the petition and asked the authorities to file their replies while listing the matter for further hearing on September 22.
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How Is This Defamation?: High Court On Shilpa Shetty's Plea To Gag Media
Shilpa Shetty's counsel Birendra Saraf also took objection to an article published on a website, 'Peeping Moon', in which it was claimed that Shilpa Shetty "destroyed evidence" in the case in which her husband has been arrested.
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Shardul Amarchand Mangaldas Chennai Head GV Anand Bhushan To Join Facebook As Director (Legal)
Bhushan has notable experience of working in an inhouse role. In fact he was working Cognizant Technology Solutions prior to joining Shardul Amarchand and Mangaldas as a General Counsel and was responsible for looking after the compliance and legal oversight of the company.
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Cyril Amarchand Mangaldas Partner Ravi Kumar Resigns To Join IndusLaw
During the course of his career, he has worked with with reputed law firms like Talwar Thakore and Associates and market leading companies like GE capital.
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DSK Legal Advises Sagarsoft (India) Ltd.In Acquisition Of 100% Capital In IT CATS, USA
DSK Legal team for the transaction was led by Partner, Mr. Hemang Parekh; Senior Associate Ms. Pooja Khanna and Senior Associate Ms. Rajlaxmi Kale.
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