Dispute Resolution
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dispute_resolution
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Supreme Court Applies the Doctrine of Transnational Issue Estoppel to Dismiss Objections to the Enforcement of a Singapore Award
In Nagaraj V. Mylandla v PI Opportunities Fund-I and others, 2026 INSC 298, the Supreme Court of India applied the doctrine of transnational issue estoppel to dismiss objections to the enforcement of a Singapore Award in enforcement proceedings before Indian Courts.
RSB Transmissions and Bain Capital - Proposed acquisition of a combined stake of approximately 76% in Setco Auto Systems Private Limited
Khaitan & Co advised RSB Transmissions on its proposed acquisition of approximately 76% in Setco Auto Systems Pvt Ltd (SASPL) from Setco Automotive Ltd (SAL) and India Resurgence Fund (India RF), along with a further subscription by RSB at closing to support repayment of SASPL’s existing debt. The transaction closing is subject to customary consents and approvals.
VINCI Highways SAS - Acquisition of the Safeway Concessions platform
Khaitan & Co advised VINCI Highways, a subsidiary of VINCI Concessions, in relation to 100% acquisition of the Safeway Concessions by Concessoc 41 (part of VINCI Concessions) from Macquarie Asia Infrastructure Fund 2, managed by Macquarie Asset Management. Safeway Concessions platform comprises of nine toll road assets across Andhra Pradesh and Gujarat, totalling nearly 700 km along with an integrated O&M entity. Completion is subject to customary conditions and regulatory approvals.
Aditya Birla Group, Times of India Group, Bolt Ventures and Blackstone - Acquisition of Royal Challengers Bangalore
Khaitan & Co advised consortium comprising of Aditya Birla Group, Times of India Group, Bolt Ventures and Blackstone on the proposed acquisition of Royal Challengers Sport Pvt Ltd from United Spirits Ltd, in a transaction valuing the business at ~USD 1.8 billion.
Carbon Credits Enter the Market: India's First Regulatory Framework for Exchange-Traded Carbon Credit Certificate
A carbon credit is a tradeable certificate representing the reduction, removal, or avoidance of one tonne of carbon dioxide equivalent (tCO₂e) of greenhouse gas emissions.
Texmaco Rail & Engineering Ltd - Tender Dispute
Khaitan & Co successfully represented Texmaco Rail & Engineering Ltd before the Madurai Bench of Madras High Court in writ petitions challenging the rejection of technical bids in four tenders floated by Southern Railway for provision of interlocking arrangement at various parts of Tamil Nadu.
Interim resolution professional of Supertech - Corporate insolvency resolution process
Khaitan & Co advised and has been advising Mr Hitesh Goel, the interim resolution professional (“IRP”) of Supertech Ltd (“Supertech”) during the ongoing corporate insolvency resolution process of the Company (“CIRP”).