We are pleased to announce that the firm’s role as buyer’s counsel representing Thrasio Holdings, Inc. (Thrasio) in its acquisition of a majority stake in Lifelong Online Retail Private Limited (Lifelong) has been named among the Deals of the Year 2022 by India Business Law Journal.
You may read more about the deal in this update.
The deal was run by Managing Partner, Akil Hirani, with able support from the firm’s corporate and tax teams.
We are pleased to share that Akil Hirani, Managing Partner and Head of Transactions, and Rukshad Davar, Partner and Head - M&A Practice Group, have been recognized as leading lawyers by Legal Era in their 2024-25 rankings. Congratulations to them all.
Akil Hirani, Managing Partner and Head of Transactions, shared his insights on the impact of the US elections on business and legal activity in India in a recent article published in the Indian Business Law Journal. "US policies post-election could impact both...
Insider trading refers to the practice of trading a company's securities based on Unpublished Price Sensitive Information (“UPSI”), which is not available in the public domain. UPSI encompasses any information that, when made public, can significantly influence the...
The Indian tax authorities have denied treaty benefits to fiscally transparent entities such as foreign partnership firms and limited liability corporations (LLCs) on the ground that such entities are not liable to tax in their home country and do not qualify as tax...
We are pleased to share that we have been ranked by ITR World Tax in the practice areas of General Corporate Tax, Indirect Tax and Transfer Pricing. Akil Hirani, Managing Partner and Head of Transactions, has been ranked by ITR World Tax in their 2025...
Tiger Global Eight Holdings (TGH), a Mauritius company, sold a portion of its shares of an Indian company that were acquired prior to April 1, 2017 and claimed capital gains tax exemption under the double taxation avoidance agreement between India and Mauritius...