News
DMD Advocates Advised GE India Industrial Private Limited before the NCLT for the Demerger of its Energy Businesses
27 Aug 2024
- DMD Advocates
- Deal Reporting
DMD Advocates advised and successfully represented GE India Industrial Private Limited (“GEIIPL”) before the National Company Law Tribunal, New Delhi Bench (“NCLT”) for the demerger of its energy businesses.
The demerger formed part of a global strategy of General Electric Company, the ultimate parent of GEIIPL, and a company listed on the New York Stock Exchange, to spin off its businesses into three companies focusing on aviation, healthcare, and energy.
The core transaction team consisted of Senior Partner & Head of Corporate – Rashi Dhir, Partners – Pawan Sharma and Pallavi Puri, Principal Associates – Anuj Shah and Rishabh Sharma.
The core transaction team was supported by Associate Partner – Saiyam Chaturvedi, Principal Associates – Divay Rastogi and Pragathi P, Senior Associate – Aishwarya Gupta and Associate – Srishti Pandey.
