Khaitan & Co advised Hyva (India) Pvt Ltd (“Hyva”) on the Indian law aspects of the sale of its Tipper Business in India to Belrise Industries Ltd.
Hyva, a member of the global JOST Group, is a well-known manufacturer of hydraulic cylinders and tipper systems for commercial vehicles, with a significant footprint in the Indian market.
Belrise Industries Ltd is a leading Indian automotive components manufacturer with a strong presence in chassis systems, suspension components, and structural assemblies.
White & Case LLP acted as the lead counsel to Hyva and its parent JOST Werke SE.
The deal team was assisted by:
Direct Tax: Sneh Shah (Partner), Jinisha Jain (Senior Associate), Krishnal Shailesh Agrawal (Associate)
Real Estate: Subhro Chatterjee (Partner), Shreetama Chakraborty (Principal Associate)
Corporate & Commercial: Supallab Chakraborty (Principal Associate), Lavanya Agarwal (Associate)
Employment Labour & Benefits: Abhinav Rastogi (Partner), Ajeta Anand (Senior Associate), Aditya Shekhar (Associate)
Intellectual Property: Nirupam Lodha (Partner), Shivangi Narang (Principal Associate), Rebecca Cardoso (Associate)
Restructuring and Insolvency: Rusha Mitra (Partner)
The core team comprised of Padam Kumar Khaitan (Senior Partner), Shourya Sengupta (Partner), Sneh Lata (Counsel), Vibhav Seth (Principal Associate) and Ishika Sinha (Associate).