Mergers and Acquisitions / Joint Ventures


MVKini’s multi-disciplinary M&A team advises domestic and foreign clients. It works with inbound investors to India on a range of issues including business set-up, joint ventures and collaborations and supports clients across the spectrum of investment options. MV Kini has significant experience in M&A, business restructuring, statutory compliance audits, due diligences, government approvals and clearances.

In addition to a thorough understanding of the issues relating to the Companies Act 2013 and related Rules, SEBI and RBI guidelines, the team advises on the Foreign Exchange Management Act (FEMA), 1999, FEMA Rules and Regulations, the Foreign Investment Promotion Board {FIPB), Foreign Contributions Regulations Act (FCRA) and other related laws.


MVKini has advised its clients including a leading global chemicals manufacturer, during its takeover of a company at Vadodara. As part of its services, MV Kini conducted due diligence of the contracts and related regulatory and statutory documentation for contract labour, legal audit for compliance with various laws and regulations and submission of reports and returns.

MV Kini has advised a London-based UK company on its acquisition of majority stake in an Indian company.

MV Kini also assisted a global manufacturer of high quality electronic components during its acquisition of an industrial and telecom company in India.

MV Kini was also instrumental in the acquisition of a group of companies by a company based in Dubai.

Key transactions


Represented NCR Corporation (borrower) a leading American technology company to obtain a ‘no- objection’ ruling and approval under FEMA for pledge of shares of its subsidiary in India.

Joint venture agreement between FAARPLAS A.S., Oncu Dayanikli Tuketim Mallari Senayi AS, Turkey, and a reputed auto industry, to incorporate a joint venture company to establish and supply automobiles parts.

Pre-and post-merger compliance for the US$44.5 million merger of International Bank.

Advised a large multinational chemical producer/ trader of Methyl Bromide MEBROM Group/Hong Kong Company Limited for FDI into a chemicals’ manufacturer in India as well as on the supply and marketing of the chemical in domestic and overseas territories.

Joint Venture Agreement between Air India and Boeing Company, for incorporation of a Joint Venture to set up and manage MRO at Nagpur. Drafting and vetting of JV Agreements along with allied agreements, such as Shareholders Agreement, Concession/Land Lease Agreement, Master Services Agreements, employment agreements, etc.

Takeover of Metrochem Industries Limited, a chemical company, on behalf of Huntsman International, leading manufacturer of chemicals globally, which included due diligence and legal compliance audit.

Advised Glodyne Technoserve Limited, a Mumbai based technology company on the acquisition of a Bangalore-based e-governance service provider.

Conducted an off-site legal due diligence exercise on behalf of a Realty and infrastructure company on the proposed acquisition of a Special Purpose Vehicle company based in Hyderabad, Telangana.

Advised Datawind UK Pic, a London-based company, on the acquisition of majority shares in Datawind Innovations Private Limited, an Indian company, in pursuit of generating private equity funds from HNI’sin India.

Advised on Share holders/ Share Subscribers Agreement for a group company of the Warana group based in Maharashtra, engaged in the manufacturing and marketing of dairy products, for a joint collaboration with Frimex Investment LLC, a Dubai based company, in order to setup joint manufacturing and production facilities in India.

Assisted a manufacturer of electronic components for the global industrial and telecom industry, with the acquisition of a company registered in the UK.

Drafted the JV Agreement between the Airports Authority of lndia and CAE, headquartered in Montreal, Canada, a world leader in providing simulation and modeling technologies and integrated training solutions for the civil aviation Merger & Acquisition industry and defense forces around the world, for incorporation of joint venture company for setting up of National Flight Training Institute at Gondia, Maharashtra.

Joint Venture Agreements between Air India and Singapore Airport Terminal Services Ltd. For the incorporation of a JV for & providing ground handling cargo handling services at Hyderabad, Bangalore and Metro Airports.

Joint Venture Agreement between the Airports Authority of India and Maharashtra Airport Development Co. Ltd. to transfer Nagpur Airport land to a JV Company for further development and operation as part of the “Multi Modal International Passenger and Cargo Hub Airport at Nagpur” Project.

Due Diligence of about 6,000 dealer-funding documents for India’’s second largest bank.

Due Diligence of Mortgages Division documentation for Citibank and various other banks.

MVKini advised the Shipping Corporation of India in its dispute with a JV Company. MV Kini also advised the Corporation on the cases consequential implications on international loan commitments. Apart from interpreting agreements and participation in dispute resolutions, MV Kini also advised the client on corporate laws and demerger requirements.

ON-GOING TRANSACTONS

Advising overseas investors on their Indian startup investments, specifically pertaining to the Companies (Acceptance of Deposits) Rules, 2014 and the Foreign Exchange Management Act.

Drafting and execution of Share Purchase Agreements between foreign promoters and Indian promoters.

Sole Advisor for strategic disinvestment of a Public Sector Undertaking.

Our Law Firm has been selected as the sole legal advisor by the Department of Investment & Public Asset Management (Ministry of Finance) for the strategic disinvestment of the Indian Medicines Pharmaceutical Corporation Limited.

Joint Venture Agreements between Air India, NACIL & Singapore Airport Terminal Services Ltd. to provide ground and cargo handling services.


Key People AVL Ram Prasad Varma , Els Reynaers Kini , Ravi Kini, Vidisha Krishan