MDP & Partners
MDP & Partners now again has a corporate practice and a projects / banking practice respectively with the addition of two new partners after rehiring former associate Pranav N Jain and former associate Malav Virani.
“State-owned Andhra Bank has dragged Housing Development & Infrastructure to the National Company Law Tribunal (NCLT) in an insolvency petition because the Mumbai-based real estate developer failed to pay back Rs 55 crore invested by the bank in the company's non-convertible debentures (NCDs),” reported The Economic Times
Ashok Kumar Mishra, former Kolkata debt recovery tribunal (DRT) presiding officer and former general manager legal of IDBI Bank, has joined Mumbai-based MDP & Partners (formerly M Dhruva & Partners) as a senior partner to head its banking practice.
MDP & Partners won for IndusInd Bank in the Bombay high court yesterday, which directed the stock exchanges and others to allow the bank to correct its filing mistake in its subscription of Mahanagar Gas Limited’s initial public offer (IPO).
Some of the deals lawyers have been working on this month that we didn’t manage to cover separately.
When miners, car importers, cricket team owning media houses and tobacco producers marched to the referees, the advisors won. Here’s presenting firsts in CCI orders, the post-Bhatia International field, errant Deccan Chargers’ owners and more…
Juris Corp, I&S Associates, Indus Law, MDP & Partners, along with Amarchand Mangaldas, AZB & Partners, Khaitan & Co, Luthra & Luthra, Trilegal and others kept busy on 15 selected deals.
M&As and capital markets transactions take a marginal lead over litigation, competition and private equity and venture capital deals, in our three-week roundup.
This fortnight’s deals package conspicuously features international investors, not only in terms of cross-border M&As and investments but also on the litigation side.
Fourteen law firms kept busy in a sideways economy with 14 deals in corporate, private equity and banking and finance. Find out what the industry has been up to.
17 deals and cases in brief this week, spanning M&A, a raft of financings, private equity, debt and equity capital markets and litigation.
Read Legally India’s December and late November deals round-up to find out what friends and colleagues have been up to.
Amarchand on Fortis mammoth internal restructuring, and Alfa Laval delisting; Desai & Diwanji and Seth Dua on two related private equity injections; Khaitan & Co gets close to Raiffeisen; JSA helps Naukri owner expand online reach to Zomato and beyond; MDP gets Cox & Kings out of Maharaja Express pickle for now; JSA and MD&T Partners get Indians to make hoses with Spaniards.
Exclusive: MDP & Partners recent lateral Ashok Paranjpe has won a Rs 15.77 crore ($3.5m) arbitration dispute for his long-standing client Tata Motors against the Gujarat Electricity Board, which its lawyers Little & Co will appeal in the Bombay High Court.
Exclusive: MDP & Partners has hired two corporate J Sagar Associates (JSA) senior associates as equity partners to bring up its total strength to eight partners.
Exclusive: Naik Paranjpe & Co name partner Ashok Paranjpe and his team have joined former JSA partner Nishit Dhruva’s start-up MDP & Partners, hiking the partnership there to six as the firm will quadruple its floorspace with a new Ballard Estate office.