Advised Browndove and its promoters on Series-A investment of INR170 million by Somerset Indus Healthcare Fund
Browndove Healthcare Private Limited (Browndove), a prominent provider of advanced blood transfusion and dialysis-related products in India, partnered with Somerset Indus Healthcare Fund I (Mauritius) (Somerset) for its Series-A investment of INR 170 million...
Guided the establishment of an Indian entity for outsourcing services by Empaxis Data Management, Inc.
Empaxis Data Management, Inc. (Empaxis), a US-based provider of middle- and back-office services for investment management firms, sought to establish a significant operational presence in India to enhance its global service delivery. Majmudar & Partners provided...
Advised CPA Australia Limited on tax matters and regulatory concerns arising from appointment of an agent in India
CPA Australia Limited (CPA Australia), a leading professional accounting body with over 170,000 members globally, including more than 1,100 in India, sought to expand its presence in India by appointing an agent to promote and market its activities. Majmudar &...
Advised Tavistock Corporation and Tiger Woods Foundation on Indian withholding tax obligations for sponsorship payments
Tavistock Corporation, in collaboration with the Tiger Woods Foundation, sought guidance on Indian withholding tax implications for sponsorship payments from India to the USA. Majmudar & Partners provided comprehensive advice to ensure compliance with Indian tax...
Advised Andreas Neocleous & Co LLC on implications of amendments to the India-Mauritius and India-Singapore tax treaties
Andreas Neocleous & Co LLC, a prominent law firm, sought Majmudar & Partners' expertise following significant amendments to the India-Mauritius and India-Singapore tax treaties. These amendments introduced anti-abuse provisions, notably the principal purpose...
Counselled Lumiata, Inc. on transfer pricing and permanent establishment issues in India
Lumiata, Inc., a U.S.-based healthcare analytics company, sought to streamline its operations by transferring ownership of its Indian subsidiary from individual stakeholders, i.e., a US employee and an Indian resident, directly to the parent company. Majmudar &...