DMD Advocates Advised GE India Industrial Before The NCLT For Demerger Of Energy Businesses

DMD Advocates Advised GE India Industrial Before the NCLT For Demerger of Energy Businesses

DMD Advocates advised and successfully represented GE India Industrial Private Limited (GEIIPL) before the National Company Law Tribunal, New Delhi Bench 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, Counsels – Anuj Shah and Rishabh Sharma.

The core transaction team was supported by Partner – Saiyam Chaturvedi, Counsel – Divay Rastogi, Senior Associate – Aishwarya Gupta, and Associate – Srishti Pandey.