Thursday , 27 October 2016
Breaking News

Shardul Amarchand Mangaldas & Co. Acts for Sistema Shyam TeleServices Ltd. in Relation to Structured Transfer of Business to Reliance Communications Limited

Shardul Amarchand Mangaldas represented Sistema ShyamTeleServices Limited (SSTL) in relation to the transfer of its Telecom Business Undertaking to Reliance Communications Limited (RCom). The deal will give RCom access to the spectrum held by SSTL  in the 850 Mhz band in the nine service areas that can be used, inter alia, for provision of LTE services..


Shardul Amarchand Mangaldas Dispute Resolution team advised SSTL on all aspects of the Scheme of Arrangement filed before the Rajasthan High Court at Jaipur. The Team was led by Mr. Anirudh Das, Partner; and included Mr. KalpataruTripathi, Patner; Mr. Manu Krishnan, Principal Associate; Mr. Kamaljeet Singh, Senior Associate.


The scheme of arrangement was approved by the Rajasthan High Court at Jaipur on 30 Sep 2016.


About Shardul Amarchand Mangaldas & Co.

Founded in 2015, Shardul Amarchand Mangaldas & Co., is one of India’s leading law firms rated by International organisations, law directories and professional journals. As a full service law firm, it is renowned in the business community for its ability to enable business, its innovative solutions, its responsiveness and collaboration with its clients. The Firm continues its journey as “a young and wise firm” with a legacy of 99 years.


The Firm has over 430 lawyers, including 85 Partners, offering legal services through its offices at New Delhi, Mumbai, Gurgaon, Ahmedabad, Kolkata, Bangalore and Chennai