We ll soon meet in your inbox.
Please wait.
Although the Oyo-Zo Rooms deal failed to fructify, the arbitrator said claimant Zo Rooms parent, Zostel Hospitality, was entitled to claim relief in the form of allotment of shares from the respondent, Oyo parent Oravel Stays. The order also said Zo Rooms was entitled to claim costs of its case.
“The claimant cannot be held responsible for the acts and omissions of the respondent and/or its shareholders, by virtue of which some of the obligations could not be fulfilled by the claimant. This tribunal has held that claimant no. 1 is entitled to claim/pray for the relief of allotment of shares from the respondent to claimant nos. 2 to 17,” read the order.
Prateek Bansal, who is now associate partner in the tax practice at White & Brief.
Nagla specialises in GST, customs, SEZ and foreign trade work, while Bansal specialises in service tax and GST litigation.
We have reached out to ELP for comment.
Founding and managing partner Nilesh Tribhuvann commented in a statement: “With Vineet and Prateek coming in, we have moved closer to our aim of transitioning into a full-service firm. We are now equipped to provide the gamut of services to our clients across the board.
“There is now a clear alignment of vision amongst the firm’s senior level members and, I see a lot of synergistic opportunities between the practice areas that we have recently added. I am glad that our expansion plans are materialising the way we have envisioned them – and there is more on the horizon in the coming year.”
Mumbai-based boutique White and Brief has hired Manu Varghese as partner and head of its general and corporate practice from Cyril Amarchand Mangaldas, where he spent more than 13 years.
From one to four partners in three months, White & Brief targets more growth into full-service
The 2018-founded Mumbai-based disputes firm
White & Brief, which was started by former Ram Jethmalani junior
Nilesh Tribhuvann, is going full-service and has hired two lateral partners and promoted one, with significantly more expansion pledged for the coming months and several big-name clients such as Apple and Indigo to boot.
In addition to the three salaried partners who had now joined, Tribhuvann said that another four salaried partners would be joining by March and April 2021 from top tier firms, bolting on practices such as banking and finances, taxation, infrastructure, media and entertainment and real estate.