Rajani Singhania & Partners
Rajani Singhania & Partners has promoted three principal associates to associate partner in Delhi: Abhimeet Sinha, Abhishek Kumar and Yaman Deep Kumar, according to a press release from the firm.
Sinha specialies in project finance and infrastructure, Abhishek Kumar and Yaman Deep Kumar who began their careers in 2007 with Singhania & Partners focus on litigation and arbitration.
Senior associate Sumit Gupta specialising in land acquisition and dispute resolution was promoted to principal associate.
Rajani Singhania & Partners advised surgical sutures maker Stericat Gut Strings on the acquisition of a majority stake in it by French firm Groupe Peters Surgical which was advised by Tatva Legal.
Rajani managing partner Prem Rajani, partner Poorvi Sanjanwala and associates Nishtha Mehta and Kashmira Bakliwal acted for Stericat.
Tatva Delhi partner Simran Singh and lawyer Sumit Khosla acted for Groupe Peters.
The finance ministry rejected the request for approval for the deal on the ground that the acquisition partly involved share swap whereas it had only granted Stericat approval to bring in Rs 43.52 crore of FDI in cash through the sale of 77.5 per cent of its shares to Groupe, reported the PTI.
Rajani Singhania & Partners acted for online financial services marketplace Apna Paisa Marketing and Services and its promoters in its merger with Trilegal-advised Casa Capital Management, which is a financial services holding company.
Rajani Singhania Mumbai partner Preeti Balwani, with senior associate Swati Rout and associate Varun Shah acted for Apna Paisa, while Trilegal Mumbai partner Ashwyn Misra and associate Saswat Subasit acted for Casa Capital.
Casa will take a stake in Apna Paisa, while the Apna Paisa promoters will take compulsorily convertible preference shares of the equity share capital of the merged Apna and Casa entity, which is expected to complete within the next 18 months.
Some of the deals lawyers have been working on this month that we didn’t manage to cover separately.
Khaitan Sud & Partners (KSP) partner Preeti Balwani is joining Rajani, Singhania & Partners in Mumbai on 12 May.
14 Indian law firm partners and senior associates will be named as “up and comers” and “associates to watch” in legal directory Chambers and Partners’ yet-to-be released Asia Pacific 2014 guide.