Deal Corner
February 01, 2010
IL&FS Trust Company Limited, IIRF India Realty X Limited and Moltana Holdings Limited

DEAL BRIEF

IL&FS Trust Company Limited, IIRF India Realty X Limited and Moltana Holdings Limited, (collectively, "Investors"), have entered into an agreement whereby the Investors have agreed to invest up to INR 1650 million in Orbit Highcity Private Limited, a wholly owned subsidiary company of Orbit Corporation Limited, Mumbai ("Orbit"). The said investment would be used to develop integrated township project ("Transaction"). Orbit is a listed company primarily involved in the development of real estate projects in the Mumbai Metropolitan Region.

OUR ROLE

We, at Nishith Desai Associates, acted as legal counsel to Orbit for this Transaction.

Disclaimer

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Deal Corner

February 01, 2010

IL&FS Trust Company Limited, IIRF India Realty X Limited and Moltana Holdings Limited

DEAL BRIEF

IL&FS Trust Company Limited, IIRF India Realty X Limited and Moltana Holdings Limited, (collectively, "Investors"), have entered into an agreement whereby the Investors have agreed to invest up to INR 1650 million in Orbit Highcity Private Limited, a wholly owned subsidiary company of Orbit Corporation Limited, Mumbai ("Orbit"). The said investment would be used to develop integrated township project ("Transaction"). Orbit is a listed company primarily involved in the development of real estate projects in the Mumbai Metropolitan Region.

OUR ROLE

We, at Nishith Desai Associates, acted as legal counsel to Orbit for this Transaction.

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.