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Deal Corner

Gift City

Gift City

With this launch, the NSE and Singapore Exchange (SGX) are set to bring SGX Nifty trading to the GIFT City, pursuant to which, all SGX Nifty futures contracts, which were till now traded in Singapore, will be traded at the NSE IFSC- SGX Connect.

Since 2019, the Firm has been involved extensively in advising SGX on various applicable laws/regulations concerning the International Financial Services Centre entity, including setting up of their IFSC entity, and structuring their business operations in the GIFT City. The Firm advised and assisted SGX in obtaining various tax and regulatory approvals, licenses and registrations, as required from the IFSC authority, SEZ authority, GST authority, DGFT, and NSE IFSC, including the execution of contracts to commence their operations.

The transaction team was led by our Founder and Managing Partner Rajiv K Luthra along with Partners, Harish Kumar, Jay Parikh, Vivek K Agarwal, and Ajinkya Gunjan Mishra, ably assisted by Senior Associates, Aman Nijhawan, Ayushi Toshniwal, Amar Kumar Sinha and Associates, Kundan Rathore, Avani Tewari, Utkarsh Roy, and Tarusha Airan.

/ the /, > / / =~ fo _~ ADEs ® SD RAJIV K LUTHRA HARISH KUMAR JAY PARIKH VIVEK K AGARWAL AJINKYA G MISHRA Founder & Managing Partner Partner Partner Partner Partner

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Caution Notice

This caution notice is being addressed on behalf of our Firm, Luthra and Luthra Law Offices India.

The general public is hereby cautioned that certain unknown individuals have been trying to mislead the public by issuing emails / letters and other statement / correspondence by unauthorisedly using our Firm's name and logos i.e., Luthra and Luthra, Luthra and Luthra Law Offices, Luthra and Luthra Law Offices India, etc. whilst wrongfully claiming to be part of our Firm and making false claims and allegations. These individuals are also impersonating the Firm by creating fake email addresses and Facebook page while using the LUTHRA marks.

Please be advised that any person corresponding with such individuals in any manner whatsoever will be doing so at their own risk, as to costs and consequences. The Firm strongly recommend that no one should respond to such solicitations, and we will not accept any liability whatsoever for any loss that the general public may incur owing to transactions made with such unknown individuals and agencies making false claims.

All official emails from our Firm are sent from Firm's official email address ending with @luthra.com and not from any other email addresses.

In case anyone come across any such fraudulent activity, kindly report the same to our centralised email address at delhi@luthra.com so that appropriate action may be taken.

Luthra and Luthra Law Offices India

1st and 9th floor, Ashoka Estate,

24, Barakhamba Road,
New Delhi-110 001

Contact: delhi@luthra.com

T: +91 11 4121 5100

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