{"id":46940,"date":"2025-01-24T08:10:21","date_gmt":"2025-01-24T08:10:21","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=46940"},"modified":"2025-01-24T08:11:50","modified_gmt":"2025-01-24T08:11:50","slug":"saraf-and-partners-advises-bank-of-baroda-in-transfer-of-dp-business-to-bobcaps","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/saraf-and-partners-advises-bank-of-baroda-in-transfer-of-dp-business-to-bobcaps\/","title":{"rendered":"Saraf and Partners Advises Bank of Baroda in Transfer of DP Business to BOBCAPS"},"content":{"rendered":"<p dir=\"auto\"><strong>Saraf and Partners\u00a0has successfully advised Bank of Baroda, on the transfer of their depository business to its wholly owned subsidiary,\u00a0BOBCAPS Capital Markets Limited.<\/strong><!--more--><\/p>\n<p dir=\"auto\">This transfer will enable Bank of Baroda to streamline their operations and focus on their core banking activities. Furthermore, this strategic move is anticipated to strengthen\u00a0<b>BOBCAPS\u2019<\/b>\u00a0position in the financial market, allowing it to expand its service offerings and reach a broader client base. The transfer is expected to enhance operational efficiency and customer service for Bank of Baroda&#8217;s clients, providing more specialized and focused depository services through\u00a0<b>BOBCAPS.<\/b><\/p>\n<p dir=\"auto\"><b>Saraf and Partners<\/b>\u00a0were involved in the drafting and finalisation of the\u00a0<b>Business Transfer Agreement<\/b>\u00a0which covers various aspects of the transfer process and details the procedures to be followed for seamless\u00a0transfer of the\u00a0depository participant business from BOB to\u00a0<b>BOBCAPS<\/b>.<\/p>\n<p dir=\"auto\">The assignment was led by Partners,\u00a0<b>Adil Ladha<\/b>\u00a0and<b>\u00a0Satyadarshi Kunal<\/b>, with significant contributions from members of their respective teams.<\/p>\n<p dir=\"auto\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-46942\" src=\"https:\/\/www.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/01\/Satyadarshi-Kunal.jpg\" alt=\"\" width=\"289\" height=\"381\" srcset=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/01\/Satyadarshi-Kunal.jpg 1461w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/01\/Satyadarshi-Kunal-228x300.jpg 228w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/01\/Satyadarshi-Kunal-777x1024.jpg 777w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/01\/Satyadarshi-Kunal-768x1012.jpg 768w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/01\/Satyadarshi-Kunal-1166x1536.jpg 1166w\" sizes=\"auto, (max-width: 289px) 100vw, 289px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-46944\" src=\"https:\/\/www.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/01\/Adil-Ladha.jpg\" alt=\"\" width=\"374\" height=\"382\" srcset=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/01\/Adil-Ladha.jpg 393w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/01\/Adil-Ladha-294x300.jpg 294w\" sizes=\"auto, (max-width: 374px) 100vw, 374px\" \/><\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-46940","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/46940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=46940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}