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1. JSA leads Coforge to close Cigniti acquisition

JSA leads Coforge to close Cigniti acquisition JSA Advocates & Solicitors advised and represented Cigniti Technologies Limited (Transferor Company) and Coforge Limited (Transferee Company) in achievin

JSA leads Coforge to close Cigniti acquisition

JSA leads Coforge to close Cigniti acquisition JSA Advocates & Solicitors advised and represented Cigniti Technologies Limited (Transferor Company) and Coforge Limited (Transferee Company) in achieving successful closure of Coforge’s acquisition of Cigniti. The Firm led the integration process by advising and assisting the companies in securing shareholder and creditor consent and seeking final approval from the National Company Law Tribunal, Chandigarh. The JSA Corporate team was led by Anand Lakra (Partner), and comprised Ami Shah (Principal Associate) and Rishabh Sharma (Senior Associate). The JSA Disputes team was led by Sidharth Sethi (Partner), and comprised Shreya Sircar (Partner), Deepank Anand (Senior Associate) and Riya Singh (Associate). Coforge is an Indian multinational IT company that offers software solutions and services. They provide services in many industries, including banking, healthcare, travel, and more. If you would like your Deals, Columns, Press Releases to be published on, please fill in the form available here.

2. Khaitan & Co advises President of India on ₹5,549 crore Coal India share sale

Khaitan & Co advises President of India on ₹5,549 crore Coal India share sale The President of India, acting through the Ministry of Coal, Government of India, has made an offer for sale of 123,279,56

Khaitan & Co advises President of India on ₹5,549 crore Coal India share sale

Khaitan & Co advises President of India on ₹5,549 crore Coal India share sale The President of India, acting through the Ministry of Coal, Government of India, has made an offer for sale of 123,279,566 equity shares of Coal India Limited through the stock exchange mechanism, aggregating to approximately ₹5,549 crore. Khaitan & Co advised the seller, the President of India, on this transaction. The transaction team consisted of Madhur Kohli (Partner) and Avinash Gautam (Senior Associate). Axis Capital Limited, ICICI Securities Limited, JM Financial Institutional Securities Limited, Kotak Securities Limited and SBICAP Securities Limited acted as brokers to the offer. If you would like your Deals, Columns, Press Releases to be published on, please fill in the form available here.

3. CMS INDUSLAW advises Anveshan on ₹150 crore Series B fundraise

CMS INDUSLAW advises Anveshan on ₹150 crore Series B fundraise Anveshan Farm Technologies Private Limited has raised ₹150 crore from a Series B fundraise led by Vertex Ventures and IFC Co-Invest, with

CMS INDUSLAW advises Anveshan on ₹150 crore Series B fundraise

CMS INDUSLAW advises Anveshan on ₹150 crore Series B fundraise Anveshan Farm Technologies Private Limited has raised ₹150 crore from a Series B fundraise led by Vertex Ventures and IFC Co-Invest, with participation from Swiggy co-founder Sriharsha Majety and existing investors. The transaction was led by Aakash Dasgupta (Partner), with support from Tushar Gogoi (Principal Associate), Aditya Kumar (Principal Associate), Shubham S Agrawal (Associate) and Saumya Joshi (Associate). Lokesh Shah (Partner), with support from Aarya Jha (Associate), advised on Tax law aspects. Founded in 2020 by IIT Guwahati alumni Kuldeep Parewa, Akhil Kansal, and Aayushi Khandelwal, Anveshan focuses on providing clean, traceable, and traditionally crafted foods. Its product offerings include A2 Desi Ghee made via the bilona method, cold-pressed oils, wild forest honey, and other superfoods. The fresh funds will strengthen the Company's manufacturing capabilities, accelerate product innovation, and expand its presence across both offline and digital channels. If you would like your Deals, Columns, Press Releases to be published on, please fill in the form available here.

4. Dentons Link Legal assists Ace Aviation on ₹568 crore acquisition of Jet Airways' Boeing 777-300ER Aircrafts

Dentons Link Legal assists Ace Aviation on ₹568 crore acquisition of Jet Airways' Boeing 777-300ER Aircrafts Malta-based Ace Aviation, a member of the Challenge Group, was declared as the highest bidd

Dentons Link Legal assists Ace Aviation on ₹568 crore acquisition of Jet Airways' Boeing 777-300ER Aircrafts

Dentons Link Legal assists Ace Aviation on ₹568 crore acquisition of Jet Airways' Boeing 777-300ER Aircrafts Malta-based Ace Aviation, a member of the Challenge Group, was declared as the highest bidder for two Boeing 777-300ER aircraft previously owned by Jet Airways (India) Ltd. and currently parked at Delhi International Airport. The successful bid as per the stock exchange filings with BSE and NSE is ₹568.179 crore. The auction process and declaration of the Ace Aviation as the highest bidders was challenged by Industrial Asset Transaction Services Private Limited (“H2 Bidder”) before the NCLT, Mumbai mainly on the grounds that the bid document did not disclose crucial information which the Ace Aviation were privy to due to their participation in previous sale transactions and therefore were in an advantageous position; the H2 bidder was not provided borescope inspection and; the liquidator ought to conduct a fresh auction in view of the fact that the H2 Bidder was willing to make a higher bid compared to the winning bid of the Ace Aviation. NCLT, Mumbai dismissed the application vide its order dated 12.05.2026 inter alia on the grounds that the information available with the Ace Aviation was available in public domain and accessible to all and therefore, it could not be contended that the Ace Aviation was in any advantageous position. The NCLT also held that the decision of not conducting a fresh subsequent auction despite higher value being offered was a decision taken by the Stakeholders Consultation Committee of Jet Airways and therefore cannot be challenged. The order was thereafter challenged before and upheld by the National Company Law Appellate Tribunal as well as the Supreme Court. Dentons Link Legal represented Ace Aviation XIV Limited and Ace Aviation XV Limited across all forums. The transaction team consisted of Petrushka Dasgupta (Partner), Krishna Baruah…

5. Khaitan & Co, JSA act on IIFL Finance updating its $1 billion Global Medium Term Note Programme

Khaitan & Co, JSA act on IIFL Finance updating its $1 billion Global Medium Term Note Programme IIFL Finance Limited has updated its existing $1 billion Global Medium Term Note Programme (GMTN Program

Khaitan & Co, JSA act on IIFL Finance updating its $1 billion Global Medium Term Note Programme

Khaitan & Co, JSA act on IIFL Finance updating its $1 billion Global Medium Term Note Programme IIFL Finance Limited has updated its existing $1 billion Global Medium Term Note Programme (GMTN Programme) on the IFSC Gift City stock exchanges (India INX and NSE IX). Khaitan & Co advised IIFL Finance on this transaction. The transaction team consisted of Manisha Shroff (Partner), Rajshekhar Upadhyaya (Principal Associate), Nikunj Mehta (Senior Associate), Associates Charul Lunia, Nandini Arya and Shivansh Kumar Jain. Vinita Krishnan (Executive Director), Ashish Mehta (Partner), Sneh Shah (Partner), Ujjval Gangwal (Principal Associate) and Pal Jain (Associate) provided advice on Tax law aspects. Morgan Securities plc, The Hongkong and Shanghai Banking Corporation Limited and Standard Chartered Bank, as arrangers and dealers, on this transaction. The transaction was led by Arka Mookerjee (Partner) and Soumitra Majumdar (Partner). The Capital Markets team comprised Pracheta Bhattacharya (Partner) and Aditya Sureka (Associate). The Banking & Finance team comprised Deboshree Mukherjee (Principal Associate).

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