TRANSACTION SUMMARY
DSK Legal advised Religare Enterprises Limited (“Religare”) in relation to its acquisition of 100% shareholding of MIC Insurance Web Aggregator Private Limited (“Target Company”) from iGear Holdings Private Limited (“iGear”), an Indian Express Group entity. With this acquisition, Religare aims at expanding its foothold in the insurance distribution space.
Hugill & Ip adds a new partner
Hong Kong-founded law firm Hugill & Ip recently announced that it has hired Fiona Chan as a partner in its Dispute Resolution and Private Client practice.
TM & Partners has assisted Federated Hermes Limited
TM & Partners has assisted Federated Hermes Limited in connection with the financing of Hôtel Reisen in Stockholm and Grand Hotel in Odense for Host Hoteleiendom AS (a part of The Flying Elephant Group).
Madras High Court grants interim stay against use of the domain – www.nalli.cloud
Multiple legal proceedings regarding various IP rights in the trademark NALLI are being contested in multiple locations and forums between M/s Nalli Chinnasami Chetty , Mr. Nalli Kuppuswami Chetty and Mr. Nalli K. Ramnathan (‘ M/s Nalli Chinnasami Chetty’) and Mr. Nalli Sambbasivam for number of years now.
Argus Partners advises OfBusiness in relation to its acquisition of 100% stake in Koeleman India from Koeleman Foods International B.V.
We are pleased to inform that Argus Partners has advised Softbank and Tiger Global backed, OfBusiness (a raw material procurement and financing platform for small and medium enterprises), in relation to its acquisition of 100% stake in Koeleman India from Koeleman Foods International B.V.
S&R Associates welcomes new Partner and Associates
We are pleased to announce that Ajinkya Gunjan Mishra has joined S&R Associates as a partner based in the Firm’s New Delhi office, and is joined by associates Avani Tewari and Tarusha Airan.
DSK Legal shifts to new offices in Mumbai & Pune
In line with its continuing growth, DSK Legal has shifted to larger offices in Mumbai and Pune. Equipped with the necessary amenities and state-of-the-art infrastructure, the new offices will provide a harmonious work environment for lawyers and clients.
TRANSACTION SUMMARY
DSK Legal advised Redcliffe Labs on the acquisition of Medicentre Sonography & Clinical Lab by way of a slump sale transaction, to expand Redcliffe’s footprint in India in relation to the delivery of diagnostic services. The consideration payable to the sellers was a mix of cash and equity.
Madras High Court: Intellectual Property Division & IPR Division Rules
Following the recommendation of the Intellectual Property committee constituted by High Court of Madras, an Intellectual Property Division (IPD) has been created in the High Court to deal with matters relating to Intellectual Property Rights. The Madras High Court is only the second in the country, with Delhi High Court being the first, to establish …
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Argus Partners advises Spendflo and its promoters on their USD 11 Million Series A Fundraise
We are pleased to inform that Argus Partners has advised SaaS buying and management platform, Spendflo and its promoters, on their Series A fundraise of USD 11 million led by Naspers Ventures (Prosus), with participation from Accel, Together Fund and certain other angel investors.