Automobile

Representative Matters

• Structuring and setting up operations in India, including applying for and obtaining requisite approvals
• Legal and regulatory implications in the context of a business structure, including Company Law, corporate social responsibility, directors duties and FDI

Partnership and Limited Liability Partnership matters

• Structuring, drafting and negotiating commercial contracts including consultancy, confidentiality, services, strategic alliance, distribution, franchising, marketing, teaming, joint venture licenses, technology licensing, technology transfer to name a few
• Advised Cube Highways on its acquisition of FRHL from Hindustan Construction Company and HCC Concessions Limited. The transaction is proposed to be conducted for an upfront payment of INR 3.7 billion and further additional contingent payments based on earn-out and receivables from NHAI etc.
• Assisted Planning Commission of India (now known as Niti Ayog) in development of the model concession agreements for development of Greenfield Airports and model RFP & RFQ documentation for PPP projects.
• Assisted a consortium comprising Changi Airport Managers & Partners Pte Limited and Bharti Enterprises in bidding for the acquisition of a substantial stake in a joint venture company with the Airport Authority of India, in connection with the restructuring and modernization of the Delhi and Mumbai airports. Reviewed and commented on bidding documents (Request for Qualification, Request for Proposal etc.); advised on bidding procedures; conducted due diligence on the projects documents; commented on proposed transaction documents etc.
• Advised Air India Limited on acquisition of twenty-seven Boeing 787-8 Dreamliner aircraft from The Boeing Company, including advising Air India Limited, the Ministry of Law and the Ministry of Civil Aviation on the delivery delay settlement agreement.
• Extensively working with Maruti Suzuki India Limited (MSIL) on various aspects of its business and on a variety of matters involving aspects relating to corporate commercial advisory, corporate compliances, corporate governance related norms and listing regulations, structuring, taxation and labour laws.
• Advised on the amalgamation of Air India Limited and Indian Airlines Limited, two national carriers, into National Aviation Company of India Limited (NACIL), a 100% government company. The amalgamation has resulted in the creation of the largest airline in India.
• Advised Takata Corporation in respect of its existing ventures / agreements with Indian joint-venture partners, strategy for exit from such existing joint ventures and regulatory approvals required for setting up a new entity in India.
• Assisted and advised Nissan Corporation in relation to various contractual disputes and regulatory issues concerning foreign exchange laws including issues pertaining to retail sector and also in relation to global competition law compliance. Additionally, the Firm assisted Nissan in relation to several internal investigations.
• Advised Yamaha in relation to subscription of INR 30 crores redeemable preference share capital issued by Escorts Yamaha Motor Limited (50:50 Joint-Venture between Yamaha and Escorts).
• Advised on the demerger of the commercial airline division undertaking of
• Represented Hero Motor Group in the merger of the parent company into its subsidiary, Hero MotoCorp, before the Delhi High Court.
• Advised Kingfisher Airlines Limited for its entire fleet acquisition transaction, and has acted as Kingfisher’s counsel in aircraft leasing transactions, maintenance contracts, vendor contracts, international route operations and host of other transactions in relation to its day-to-day operations.
• Advised Lufthansa Airlines on their day-to-day operational issues in India including ticketing software agreements and ground handling agreements.
• Advised Tata Advanced Systems Limited on 51:49 Indian Joint Venture with Boeing Company, for setting up of manufacturing & supplying aeroplanes for US military and the Indian Ministry of Defence.
• Advised Bank of Baroda in connection with funding and financial closure of the Phase-I of the green field project for manufacturing electric 2 (two) wheeler vehicles being setup by Ola Electric Technologies Private Limited at Tamil Nadu. The first phase will have a manufacturing capacity of 0.50 million vehicles per annum. The total deal size was USD 100 million (approximately INR 750.00 Crore).
• Acted for Accurant International, LLC on its recent investment in Altigreen Propulsion Labs Private Limited. The Company is engaged in the business of inter alia research and development, manufacturing, sales, marketing and service of electric vehicles and their components.
• Advised IREDA and Blu-Smart Mobility on financing the acquisition of 3000 commercial EV vehicles from Tata Motors to be operated on their ride hailing platform.
• Advising Pravaig, an EV car manufacturer in relation to their entire corporate and business structuring.
• Advised PTV International Ventures Limited in relation to its investment in Log9 Materials Scientific Private Limited, a company manufacturing batteries for electric vehicles.
• Advised Hyderabad Metro Rail Limited in drafting license agreements for electric vehicle charging facilities and electric vehicle battery swapping facilities.
• Represented NYK Line in its Leniency Application before the CCI, in relation to cartelization amongst maritime liner shipping companies during the transport of cars through the Indian route.
• Advised Shriram Pistons & Rings Limited and its subsidiary SPR Engenious Limited (SEL) in the acquisition by SEL of 51% stake in EMF Innovations Private Limited (EMFI India) from EMFI International Pte Ltd and Ms. T.P. Sivasankari for INR 78 crores.
• Advised RITES on the first of its kind project on privatization of passenger train operations on public private partnership (“PPP”) basis.
• Advised a bidder in respect of acquisition of certain aircrafts of Jet Airways Limited.