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Cyril Amarchand Mangaldas Advises Senvion Group in Relation to Global Renewal Energy Development's Acquisition of Multiple Group Companies in India

Cyril Amarchand Mangaldas
Cyril Amarchand Mangaldas Advises Senvion Group in Relation to Global Renewal Energy Development s Acquisition of Multiple Group Companies in India
ANI |
Updated: Dec 21, 2020 16:24 IST
Mumbai (Maharashtra)/ New Delhi [India], December 21 (ANI/NewsVoir): Cyril Amarchand Mangaldas acted as the Indian legal counsel to Senvion GmbH (Senvion GmbH) on selling its entire stake in the India operations of Senvion spread across its various entities ( Senvion India ) to Global Renewable Energy Development Holding Company Limited (Purchaser) owing to the bankruptcy of Senvion GmbH.
The General Corporate team of Cyril Amarchand Mangaldas successfully enabled signing of the contract agreements, executed this transaction and subject to regulatory approvals, the sale is expected to close in Q1-2021. ....

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CAM, AZB, DLA act on Germany's Senvion insolvency sale of India wind turbine biz - Legally India

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In Brief
Monday, 21 December 2020 23:04
Corporate M&A
Senvion GmbH, Senvion Netherlands, SWTPL, SIPL sold their stake in SWTPL, Senvion LLP, and SIPL to Global Renewable Energy Development Holding Company Limited, owing to the bankruptcy of Senvion GmbH. This transaction involved complex structuring given that the purchaser and the sellers are non-residents, and one of the sellers – Senvion GmbH - is insolvent. ....

United Arab Emirates , Senvion Gmb , Smruti Shah , Devanshi Dalal , Senvion Gmbh Gmb , Cyril Amarchand Mangaldas , Aviral Chauhan , Global Renewable Energy Development Holding Company , Senvion India Pty Ltd , Senvion India Private Limited , Global Renewable Energy Development Holding Company Ltd , Senvion Wind Technology Private Limited , Senvion Group , Senvion Gmbh , Senvion Netherlands , Senvion India , Amarchand Mangaldas , Devpura Designate , United Kingdom , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஸ்மிருடி ஷா , தேவன்ஷி தலால் , சிரில் அமர்சந்த் மங்கல்தாஸ் , அவிரல் ச U கான் , உலகளாவிய புதுப்பிக்கத்தக்க ஆற்றல் வளர்ச்சி வைத்திருத்தல் நிறுவனம் , உலகளாவிய புதுப்பிக்கத்தக்க ஆற்றல் வளர்ச்சி வைத்திருத்தல் நிறுவனம் லிமிடெட் ,