Majmudar & Partners acts as Indian legal counsel to Carlisle Companies Incorporated

by | Jun 18, 2021

Carlisle Companies Incorporated (NYSE: CSL) has signed an agreement with CentroMotion for sale of the Carlisle Brake and Friction division (CBF) for an undisclosed amount. CBF is the largest global manufacturer of friction materials and mechatronic solutions for off-highway brake and transmission products. The deal is subject to regulatory approvals and customary closing conditions. Rukshad Davar, Partner and Head of the M&A Practice, Ravishankar Raghavan, Tax Counsel, Kritika Agarwal, Associate Partner and Rahul Datta, Associate advised Carlisle on the Indian law aspects of this deal.

More News

ITR World Tax – 2024 Rankings

We are pleased to share that the firm has been ranked by ITR World Tax for our work in Indirect Tax, General Corporate Tax and Transfer Pricing. Ravi S. Raghavan, Partner - Tax and Private Client Group, has been ranked as a highly regarded practitioner...

read more

India – Arbitration Update

In the recent ruling of Orissa Metaliks Pvt. Ltd. v. SBW Electro Mechanics Import Export Corporation (2023 SCC OnLine Cal 1583), the Calcutta High Court (HC), in deciding the validity of an arbitration clause, has held that the venue of the arbitral proceedings must...

read more