Dhir & Dhir Associates

India Infrastructure Finance Company Limited (IIFCL) has said to have provided a term loan of Rs. 156 crore (USD 23.8 million) to Gurugram based Mihit Solar Power under its Takeout Finance Scheme, for substituting the outstanding principal amount of the loan sanctioned by L&T Infrastructure Finance, for the purpose of developing and commissioning a 74 MW Solar Power Project in Mansa District, Punjab.

Dhir & Dhir Associates has hired as its Hyderabad head Kochhar & Co’s former local partner Siva K Gopinatham with a team of three associates, who had joined the firm in 2010 from Singhania & Partners but left several years later.

Dhir & Dhir Associates has launched its third national office, setting up in Hyderabad on 28 October.

Big project M&A in the project space with Desai & Diwanji and Amarchand, while a project finance take-out scheme keeps Dhir busy.

Recent deal & case highlights: The Bombay high court ordered the producer of Bollywood film Knockout to pay Rs 1.5 crore ($275,760) for copyright infringement of 20th Century Fox’s Hollywood movie Phonebooth, represented by Neolegal Associates. Plus Khaitan, Wadia Ghandy, Dhir & Dhir and more...

Exclusive: Former Seth Dua & Associates partner Rahul Goel has joined Dhir & Dhir Associates as a retained partner with Seth Dua senior associate Anu Monga. Goel will set up new practices at Dhir handling competition, anti-dumping and international trade, and advisory technology, media and telecommunications (TMT).