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Succession Advisory

Submitted by kcoadmin on Wed, 02/04/2026 - 19:14

Khaitan & Co successfully advised and represented senior management of a prominent hospitality group ("Clients") in a petition filed under Section 9 of the Arbitration & Conciliation Act, 1996 (“Section 9 Petition”). 

Succession Advisory

Submitted by kcoadmin on Wed, 02/04/2026 - 19:05

Khaitan & Co advised the client regarding filing of a suit before the High Court of Delhi, inter alia, seeking relief in relation to a Will executed by client's late father and the deceased's estate. The Will is the last declaration of the intention of the client’s father with respect to his properties, both movable and immovable, through which bequests have been made in favour of the client. The suit has been filed effectively for giving effect and enforcement of the said Will.

Pioneer Elabs Limited - Representation before Telecom Dispute Settlement Appellate Tribunal

Submitted by kcoadmin on Wed, 02/04/2026 - 19:01

Khaitan & Co advised and represented Pioneer Elabs Ltd (“Pioneer”) before the Telecom Dispute Settlement Appellate Tribunal (“TDSAT”) challenging a Demand Notice dated 30 September 2025 issued by the Department of Telecommunication (“DOT”). Vide the Demand Notice, DOT called upon Pioneer to pay INR 13,62,34,165 as License Fees for FY 2023-2024 and threatening coercive action against Pioneer in case of failure to pay the above amount. 

Advanta Enterprises Limited - Filing of the DRHP for the proposed IPO

Submitted by kcoadmin on Wed, 02/04/2026 - 18:56

Khaitan & Co acted as the legal counsel to the Book Running Lead Managers i.e., JM Financial Ltd, Axis Capital Ltd, Citigroup Global Markets India Pvt Ltd, Goldman Sachs (India) Securities Pvt Ltd and Morgan Stanley India Company Pvt Ltd as to Indian law in connection with the draft red herring prospectus filed by Advanta Enterprises Ltd, in connection with its initial public offering of equity shares comprising of an offer for sale by the selling shareholders of up to 36,105,578 equity shares.

EC-Council Holding Pte. Ltd. - Majority acquisition of Firecompass Technologies Inc

Submitted by kcoadmin on Wed, 02/04/2026 - 18:50

Khaitan & Co advised EC-Council Holding Pte. Ltd., a global leader in cybersecurity education and creator of Certified Ethical Hacker (CEH) credential, on its investment of more than $20 million in Firecompass Technologies Inc. and its Indian Subsidiary Firecompass Technologies Pvt Ltd, the AI powered offensive security platform.

The Indian Hotels Company Limited - Sale of its entire shareholding in TajGVK Hotels and Resorts Limited

Submitted by kcoadmin on Wed, 02/04/2026 - 18:46

Khaitan & Co advised The Indian Hotels Company Ltd (IHCL) on sale of its entire shareholding in TajGVK Hotels and Resorts Ltd, being 25.52% of the paid up share capital of TajGVK Hotels and Resorts Ltd, to Mrs. Shalini Bhupal (a member of the promoter group of TajGVK). 

Bank of India - Issuance of long-term infrastructure bonds

Submitted by kcoadmin on Tue, 02/03/2026 - 18:56

Khaitan & Co advised Bank of India (“Client”) in relation to the issue of listed, unsecured, redeemable, non-convertible, taxable, fully paid-up long term infrastructure bonds in the nature of debentures on a private placement basis for an aggregate value of INR 10,000 crores, comprising of a base issue size of INR 5,000 crores and a green shoe option to retain oversubscription of up to INR 5,000 crores, in accordance with the Reserve Bank of India (Commercial Banks- Resource Raising Norms) Directions, 2025 and other applicable regula