Khaitan & Co
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Partner Devidas Banerji led the transaction and acted as the Indian legal adviser to Standard Chartered Bank.
Hormaz Daruwalla has joined Khaitan & Co as a partner in the indirect tax practice.
Abhimanyu Bhattacharya has joined as a partner in the capital markets practice and Iqbal Khan has been promoted to an associate partner in the M&A and private equity practice.
Khaitan & Co has advised ECL Finance in relation to the IPO of unsecured subordinated redeemable non-convertible debentures for approximately $66.5m.
Khaitan & Co has advised Imergy Power Systems India in relation to a working capital facility of approximately INR450m availed from ING Vysya Bank.
Khaitan has represented Al Jazeera Steel Products Company SAOG, which had entered into an agreement with Shreeyam Power for the supply of prime alloy steel billets.
Khaitan & Co has represented Man Industries (India), which has through ICICI Bank issued a counter-guarantee to a bank in Iraq.
Khaitan & Co has advised Oesterreichische Entwicklungsbank, Austria, in relation to an amendment of terms in the external commercial borrowing facilities of approximately $20m.
Khaitan & Co has successfully defended the EIMPA before the CCI.
Khaitan & Co has advised YES Bank in relation to a rupee term loan facility granted to Jet Airways of an aggregate amount of approximately $107m.
Khaitan & Co has advised King.com to successfully enforce its rights in the artistic works and trademarks embodied in its game CANDY CRUSH SAGA.
Khaitan & Co has advised Lakshmi Vilas Bank in relation to its rights issue for $67.3m (£4.5m) approximately.
Khaitan & Co has represented Smiths Medical International and Smiths Medical India as their Indian legal counsel in relation to a dispute with Hansraj Nayyar Medical India.
Khaitan & Co has advised Omidyar Network on the India leg of the transaction in relation to its investment in Scroll Media USA.
Khaitan & Co has advised Axis Bank in relation to a term loan facility of approximately $45m (£28m) extended to Legitimate Assets Operators.
Khaitan & Co has advised GA Global Investments in relation to the sale of 6,500,000 equity shares of IndusInd Bank by way of a block trade for approximately $66.3m.
Khaitan & Co has advised Vectus Industries in relation to a private equity investment by Creador in Vectus.
Khaitan & Co has advised Pragati India Fund in relation to its venture capital investment in DCDC Health Services for approximately $4.3m.
Khaitan & Co has advised on the sale of the entire business undertaking relating to Oracle ATG in Professional Access Software Development to Zensar Technologies.
Khaitan & Co has advised SBS Holdings on its acquisition of a 66 per cent stake in Transpole Logistics. The deal will see Fidelity and Everstone exit the company.