Shardul Amarchand Mangaldas & Co. advised HKR Roadways Limited, (“Sellers”) in its acquisition by GIP EM India Highways Pte. Limited and VINCI Highways SAS (collectively, “Purchasers”).   A securities purchase and subscription agreement was executed amongst the purchasers (“SPSA”) for: (a) acquisition of 100% of the shares held by GHL and KSSF in HKR by… Read More +

In a path-breaking decision, a U.S. Court has set aside an award passed by an Arbitral Tribunal seated in Chicago against Mr. Meleveetil Damodaran, former Chairperson of SEBI. The award had held Mr. Damodaran liable to pay approximately $25 million to UpHealth Holdings Inc. (“UpHealth”) (a U.S. based entity). The Court set aside the award… Read More +