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Khaitan & Co

09 October 2014

Khaitan & Co hired independent counsel Hormaz Daruwalla as an equity partner in its indirect tax team, reported Bar & Bench.

Daruwalla has over 27 years of experience practicing in the Bombay high court and tax tribunals, after graduating from GLC Mumbai. He began his career with Crawford Bayley and moved on to the chambers of Atul Setalvad before going independent.

18 September 2014

Candy CrushKhaitan & Co won a copyright infringement suit in the Bombay high court for once-$7.6bn King.com, the creator of the hugely popular mobile device game Candy Crush Saga .

19 August 2014

Khaitan PXV joinersKhaitan & Co has completed its acquisition of the practice and teams of three co-founding partners of PXV Law Partners.

07 August 2014

InoxKhaitan & Co Delhi has advised cinema giant and long-standing client Inox on its Rs 182 crore complete acquisition of Satyam Cineplexes, which drafted in Luthra & Luthra.

05 August 2014

xs0y0rta“It is not about being perfect, but mostly about being the first,” notes former capital markets lawyer Rajat Sharma on his new 9-3:30 job as CEO of Sana Securities – a financial advisory firm he founded in 2011.

05 August 2014

Khaitan & Co and Mori Hamada & Matsumoto advised Tokyo-based SBS Holdings in buying a 66 per cent stake in Transpole Logistics, which was advised by Trilegal.

Khaitan Delhi partner Rajat Mukherjee, associate partner Harsh Kumar, executive director Daksha Baxi and competition partner Manas Kumar Chaudhuri, together with Mori Hamada of counsel Yohei Koyama acted for SBS. The acquisition is costing SBS Rs 446 crore ($73.5m), according to Dealcurry.

Trilegal Mumbai partner Amit Tambe with senior associate Anjali Menon and associate Kevin Peter acted for Transpole and the existing investors – Everstone and Fidelity.

14 July 2014

Khaitan & Co partner Siddharth Shah has been included on the Bombay Stock Exchange’s (BSE) advisory group on real estate investment trusts (REIT) alongside 10 representatives of various banks, real estate and financial services companies, according to the PTI.

REITs are aimed at attracting long-term funds to the cash-strapped realty sector from both foreign as well as domestic investors.

It is hoped that after the newly announced budget’s exemption from capital gains tax to popularise REITs, they will bring in around $10bn of foreign funds into the realty sector by the end of this fiscal.

08 July 2014

PXVThree co-founding equity partners of PXV Law Partners, Deepto Roy, Mohit Abraham and GT Thomas Phillippe, are set to join Khaitan & Co as associate partners by 1 August.

07 July 2014

BhattacharyaAmarchand Mangaldas Mumbai capital markets partner Abhimanyu Bhattacharya has left the firm on Saturday.

27 June 2014

Flame of Truth! After threatening to sue the authors and publishers of the book Gas Wars – Crony Capitalism and the Ambanis in April for Rs 100 crore, Reliance Industries (RIL) yesterday issued a press release to announce the release of a 56-page presentation and promotional video.

04 June 2014

Khaitan & Co Mumbai associate partner Nishant K Singh joined Indus Law in Mumbai as partner in its corporate practice.