Khaitan & Co advised Mahindra Homes Private Limited in relation to its Private Placement of 900 Secured Redeemable Non-Convertible Unlisted Debentures aggregating to USD 14 million approximately. Nikhilesh Panchal (Partner) and Vaibhav Mittal (Counsel) represented the client on the transaction. Mahindra Homes Private Limited is a subsidiary of Mahindra Lifespace Developers Limited and consequently a subsidiary company of Mahindra & Mahindra Limited. Mahindra Homes Private Limited is a joint venture between Mahindra Lifespace Developers Limited (“MLDL”) & SCM Real Estate (Singapore) Private Limited (“SCM”) for undertaking & developing mid-premium Residential Projects in major cities of India.
Hundreds of claimants including Nando’s, the Co-operative Group, Pret A Manger and Harvey Nichols have served proceedings against Mastercard for allegedly charging unlawful and anti-competitive credit card fees.