Corporate Restructuring
The Practice
Restructuring transactions in India require a considerable investment of time and effort during the planning phase. Most restructuring transactions involve an interplay of complex strategic, operational, legal, taxation and economic issues, which need to be identified, refined and balanced in order to meet the desired business objectives.
Our premier Corporate Restructuring practice combines our deep experience across the domestic regulatory framework and the Indian tax law, and sector specific knowledge to devise innovative structures for the restructuring endeavours. Our lawyers work with clients to carefully evaluate the trade-off between the timeframe for a tribunal-sanctioned scheme of arrangement, merger or demerger and a contractual spin off (which is faster but less tax efficient). We have implemented pioneering solutions to meet client objectives (including tax neutrality) without extending the tribunal approval process.
The Execution
Our expertise lies in structuring bespoke transactions that successfully withstand regulatory scrutiny, proxy firms and the business press than ever before. Our lawyers perform a critical role in examining the impact of the proposed transaction on each stakeholder “class” to ensure compliance with regulatory requirements. We have built our reputation on having a hands-on approach, working closely with the client and financial advisors, which together with our in-depth implementation expertise, ensures that we deliver the desired results every time.
The Khaitan Advantage
We have led some of the most complex and high-profile restructuring of India’s largest listed and unlisted companies, which makes us market leaders in this space including being acknowledged internationally for some award-winning innovative structures.
Key Contacts
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Mehul Shah
Partner
Corporate and Commercial, Corporate Restructuring, Restructuring and Insolvency
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Aniket Agarwal
Partner
Corporate and Commercial, Corporate Restructuring, Dispute Resolution
Find out how our experts can help solve the challenges you face in your industry.
Contact UsKey Deals
Reliance Jio Infocomm Limited
Advised on hiving-off optic fibre cable business and tower infrastructure business pursuant to composite scheme of arrangement amongst Reliance Jio Infocomm Limited and Jio Digital Fibre Private Limited and Reliance Jio Infratel Private Limited for hiving-off its optic fibre cable business and tower infrastructure business.
read more +Tata Global Beverages Limited
Advised in relation to the acquisition of the Consumer Product Business of Tata Chemicals Limited comprising of sourcing, packaging, marketing, distribution and sales of (i) vacuum evaporated edible common salt for human consumption, (ii) spices, (iii) protein foods and (iv) certain other food and other products, through a scheme of arrangement.
read more +Harita Seating Systems Limited and Minda Industries Limited
Advised the clients in relation to merger through composite scheme of amalgamation.
read more +Ultratech Cement Limited
Advised on acquisition of cement business of Century Textiles & Industries Limited pursuant to scheme of arrangement between Century Textiles & Industries Limited and Ultratech Cement Limited.
read more +IIFL Holdings Limited
Advised in relation to the proposed group restructuring through Composite Scheme of Arrangement. The Scheme inter alia provides for the segregation and the subsequent listing of the securities, wealth and the loans and mortgage business of the IIFL Group.
read more +KPIT Technologies Limited, KPIT Engineering Limited and Birlasoft (India) Limited
Advised on the composite scheme of arrangement in relation to the proposed merger of Birlasoft (India) Limited with KPIT Technologies Limited and as part of the same scheme, demerger of engineering business of KPIT Technologies Limited into KPIT Engineering Limited.
read more +CESC Limited
Advised on restructuring and carve out of power generation, organised retail and information technology business through a composite scheme of arrangement.
read more +Cairn India Limited and Vedanta Limited
Advised on merger for an all-stock consideration.
read more +Sterlite Power Transmissions Limited
Advised on demerger of the power transmission business of the client.
read more +