Parinam advises on acquisition of immovable assets of debt-ridden explosives’ company

Description

Parinam advised and represented an industrialist, primarily involved in the business of manufacturing automotive spare parts, in acquiring assets of a debt-ridden private limited company engaged in the business of manufacturing explosives. The firm undertook title investigation of several parcels of land admeasuring in aggregate 140 acres or thereabouts in Rajasthan, and advised on requisite permissions and approvals required/granted by the government in respect of the business of the target company. We were also involved in preparation, negotiation and finalization of documentation to be executed for acquiring the rights of the target company.

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