Borrowers must be heard before fraud tag, says SC
Veena Sivaramakrishnan
Sohini Banerjee, Siddharth Nair and Nawneet Vibhaw
Shardul Amarchand Mangaldas advised IndusInd Bank Limited (“IndusInd”) in granting financial assistance to Duet India Hotels (Pune) Private Limited, Duet India Hotels (Jaipur) Private Limited, Duet India Hotels (Ahmedabad) Private Limited, Duet India Hotels (Hyderabad) Private Limited, Duet India Hotels (Chennai) Private Limited and Duet India Hotels (Chennai OMR) Private Limited (“Duet India Hotels”). The… Read More +
Shardul Amarchand Mangaldas advised Assetz Industrial Parks Private Limited in relation to raising capital by issuance of secured, listed non-convertible debentures in multiple tranches from Standard Chartered Bank (Singapore) Limited, Tor Asia Funds VCC – TOR ASIA TIFO and Tor Asia Credit Opportunity Master Fund II VCC (“Subscribers”). This was for the purpose of development… Read More +
Shardul Amarchand Mangaldas & Co. advised YES Bank in granting financial assistance by way of a rupee term loan facility to Altamount Road Property Private Limited. The assistance was availed for the construction of an industrial and logistical park in two phases. The deal was valued approximately at USD 264.46 million and the expected date… Read More +