Media & Events
Shardul Amarchand Mangaldas Advises Lemon Tree Hotels Limited on Composite Scheme of Arrangement
January 22, 2026
Shardul Amarchand Mangaldas & Co. (“SAM”) acted as legal counsel to Lemon Tree Hotels Limited and its subsidiary Fleur Hotels Limited (Fleur), on a composite scheme of arrangement (Scheme) involving multiple entities from the Lemon Tree group and their respective shareholders and creditors, for the reorganisation of their hospitality business.
The proposed transaction involves amalgamation of 6 (six) subsidiaries of Lemon Tree Hotels, a demerger of select hotel assets and development capabilities, and the creation of a separately listed hospitality asset platform in Fleur, through the Scheme. The proposed transaction is subject to applicable regulatory approvals and the approval of the National Company Law Tribunal (NCLT).
The transaction team was led by Prashant Gupta, Partner and Head – Capital Markets; and Devesh Pandey, Partner; along with Anushka Ganguli, Associate; and Sourav Paul, Associate.
The competition law aspects were handled by Rohan Arora, Partner; Rahul Shukla, Principal Associate; and Aryan Uppal, Associate, and the NCLT aspects were led by Anirudh Das, Partner.