News

• India Business Law Journal - 13-12-2021

We are pleased to share that our lawyers have been recognised as India's Top Lawyers by the India Business Law Journal in its A-List 2021.

• Indian Securitisation Awards, 2021 by the Indian Securitisation Foundation. - 01-12-2021

#PhoenixLegal acted as transaction legal counsel advising Vivriti Capital, a market leader in providing debt capital markets products and solutions, and Origo Commodities, on the securitisation of agri-commodity receivables, thereby enabling the capital markets to access agri-commodities and agri-supply chains within its suite of structured investment opportunities. #PhoenixLegal is very pleased to have assisted the parties on a very innovative and a 'first-of-its-kind' transaction, and re-emphasizes its commitment to excellence and 'client service delivery'.

• Business Standard - 01-12-2021

Our Partner Pranav Srivastava advised ADQ in its participation in the #seriesB funding round of #CollegeDekho, online college admissions and higher education services platform raising approx ₹260 crores.

• Mint - 01-12-2021

#PhoenixLegal advised Techno Design GmbH, part of PDS Multinational Fashions group, on their partnership with S. Oliver Group, German apparel retailer. As part of the arrangement, Techno Design’s associate company, Technocian Fashions Pvt. Ltd, will acquire S.Oliver Group’s sourcing operations S.O.T. Garments India Pvt. Ltd via share purchase agreement. S.O.T Garments is based in Chennai, India. Technocian Fashions will take over all employees and contracts of S.O.T. Garments and will exclusively source textiles in India and Sri Lanka for the s.Oliver Group. The team included Co-founding Partner Saket Shukla, Principal Associate Aditi Sharma and Associate Maryam Naaz Quadri.

• Mumbai Centre For International Arbitration - 26-11-2021

We are pleased to share that our Partner Manjula Chawla has been appointed as Executive Member of the Mumbai Centre For International Arbitration's Users Council for the Automotive Sector.

• Money Control - 24-11-2021

On this update our Partner Jatin Arora in conversation with moneycontrol.com shared insights. He shared that, "tax rate increase could put an additional financial burden on the MSME section of the industry, which is already under stress due to slower sales and higher input costs. It may also lead to an increase in cost for end consumers. However, the decision to bring uniformity in tax rates across the supply chain should help the industry in the long run by releasing the blocked working capital in form of accumulated ITC".