Cyril Amarchand Mangaldas advised and represented SEIL Energy Private Limited SEIL in on arbitration proceeding initiated against it by NCC Limited NCC on disputes arising out of EPC contracts aggregating to INR 2557 crore. In a significant order the arbitral tribunal allowed claims of INR 700 crore against NCC while accepting claims of INR 101 crore against SEIL.
Cyril Amarchand Mangaldas advised Kotak Mahindra Bank Limited (Kotak), in relation to the acquisition of Sonata Finance Private Limited (Sonata), a Non-Banking Finance Company – Micro Finance Institution registered with the Reserve Bank of India for an aggregate amount of Rs 537 crore (approx.).
A cross domain and cross sectoral ready-reaconer, summarising the perspective of Partner’s at Cyril Amarchand Mangaldas, analysing the implications of the key proposals and changes from the Union Budget 2023 – 24.