The transaction team was led by Sarika Raichur, Partner. Akshaya Srinivasan, Principal Associate and Sai Dharshini, Senior Associate assisted with the transaction.
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The core team consisted of Rabindra Jhunjhunwala (Partner), Roshnek Darius Dhalla (Counsel), Srijanee Bhattacherjee (Principal Associate), Ahaan Dar (Associate).
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Following this, RBI announced the revised framework on July 24, 2024[2], to be effective from November 1, 2024 (“Revised Framework”), aimed at enhancing the DMT system established in 2011. Under the Revised Framework, RBI noted that since the DMT Framework, there has been a notable increase in the number of banking outlets, advancements in payment systems for fund transfers, and ease in fulfilling of Know Your Customer (KYC) requirements.
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The transaction is being led by Rashi Dhir (Senior Partner & Head of Corporate) along with Saiyam Chaturvedi (Partner), Tarinee Sudan (Partner), Shubhangi Bhatnagar (Principal Associate), Priyanka Hazarika (Senior Associate), Aishwarya Gupta (Senior Associate), Aditi Kumar (Associate), and Shriya Sehgal (Associate). Ela Bharti (Associate) and Jasmine Brar (Associate) assisted the transaction team with the due diligence exercise.
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Transaction team included Ramanuj Kumar, Partner & Co-head (Project - Energy and Energy Transition); Shrey Srivastava, Principal Associate; Bonny Singh, Principal Associate Designate; Vidha Bagora, Associate. Amey Pathak, Partner & Head-Banking provided strategic inputs and support for the transaction.
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The transaction is led by Rashi Dhir, Senior Partner & Head of Corporate along with Tarinee Sudan, Partner, Shubhangi Bhatnagar, Principal Associate, and Aditi Kumari, Associate.
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Krishna has acted for clients in a wide variety of high value and complex arbitration matters, with a particular focus on arbitrations involving allegations of fraud, corruption or illegality.
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The firm also unveiled their book titled, “Doing Business in India 2024”, released by Chief Guest Paul Arul and Guest of Honour Advocate General P.S. Raman. The keynote address was delivered by Vanita Venugopal, CEO of Tamil Nadu Technology (iTNT) Hub.
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