Telstar, a leading Spanish company and a part of the Azbil group specializing in engineering and manufacturing solutions for life sciences, sought legal assistance for corporate law matters in India. Majmudar & Partners provided strategic legal guidance, ensuring compliance with Indian corporate regulations to support Telstar’s operations and business objectives in India.
Facilitating the Transaction
Majmudar & Partners’ role in advising Telstar included the following key contributions:
- Compliance with Indian Corporate Law: Conducted a thorough review of Telstar’s existing and proposed business activities in India, ensuring adherence to provisions under the Companies Act, 2013, and other relevant regulations.
- Drafting and Negotiation of Agreements: Assisted in drafting, reviewing, and negotiating commercial agreements with Indian parties, ensuring that these were structured to protect Telstar’s interests and align with Indian legal standards.
- Regulatory Approvals and Filings: Advised Telstar on the necessary regulatory approvals, including filings with the Registrar of Companies and other statutory authorities, facilitating smooth operations within India’s legal framework.
- Corporate Governance Guidance: Guided Telstar on corporate governance best practices to ensure that its Indian entity aligns with both local and group-level governance standards.
- Advisory on Group Structuring: Offered legal advice on optimizing Telstar’s group structure in India to enhance operational efficiency and compliance with Indian laws, considering both short-term objectives and long-term strategies.
The firm’s assistance ensured that the company’s corporate activities in India complied with Indian laws and regulations. This enabled Telstar to focus on its strategic goals in the Indian market, contributing to its global growth as part of the Azbil group.
Majmudar & Partners offers expertise in corporate law and regulatory compliance, helping global businesses navigate the complexities of operating in India. Contact us today for customized legal solutions that support your business’s strategic and operational goals.