Deal Overview
The Firm is assisting a client engaged in the operation of the aviation sector, with business activities spanning the import, distribution, maintenance, repair and overhaul (MRO) of aviation engines, aircraft components, spare parts and related aviation equipment. The business model also encompasses technical support, after-sales services, aviation consultancy, supply chain and logistics management, warehousing, distribution networks, and authorized service partnerships, supporting aviation operators and industry stakeholders across domestic and international markets.
Scope of Work Undertaken by the Firm
The Firm has advised the client on a significant cross-border transaction as part of its strategic expansion into India. The Firm’s role encompassed providing comprehensive legal and regulatory support in relation to the client’s India entry strategy, including the incorporation of its subsidiary and the establishment of the legal framework necessary for commencing operations in the Indian market. The mandate further involved advising on, drafting, negotiating, and successfully executing a Shareholders’ Agreement, with a focus on aligning commercial objectives with robust legal protections. The team is working closely with all stakeholders to structure and finalize the transaction documentation, address key governance and operational matters, and facilitate the smooth implementation of the transaction.
In addition, the Firm is providing advisory on regulatory and foreign investment aspects, including compliance under the Foreign Exchange Management Act (FEMA) and related foreign exchange regulations. The engagement required navigating various legal, corporate, and regulatory considerations to ensure a seamless transaction process and full compliance with applicable Indian laws. This transaction reflects our Firm’s continued capability in supporting international businesses with market entry, corporate structuring, foreign investment, and complex cross-border transactions in India.
The project was led by Ms. Jyotsna Chaturvedi (Head of Corporate Practice), Mr. Ketan Joshi (Associate Partner), and Ms. Shyamli Shukla (Senior Associate).