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Samhi hotel acquisition on Pune Hyatt hotel

Veritas Legal along with Advocate Shyamalene Siqueira represented Ascent Hotels. The Veritas team comprised of Partner Abhijit Joshi and Senior Associate Tushar Raut<br>

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Samhi hotel acquisition on Pune Hyatt hotel

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  1. SAMHI HOTEL ACQUISTION OF PUNE HOTEL Veritas Legal acts for ascent hotels

  2. Acquisition • SAMHI Hotels has acquired acquired Hyatt Regency in Pune from RK Jatia Group-owned Ascent Hotels for an estimated 350 crore. • Economic Laws Practice acted for SAMHI Hotels with a team led by Partners SujjainTalwar and DarshanUpadhyay along with Associate Partner Aakanksha Joshi, Associate Managers AmrutaKelkar and KanishaVora and Associates TariniMenezes, SiddharthWalawalkar, Amoolya Narayanan and RaghavVashist. • ELP Partner BabuSivaprakasam along with Associate Partner Deep Roy, Associate Manager OkramSingha and Associates Megha Agarwal and SharmilaRatnam advised on the financing aspect.

  3. Acquisition • Veritas Legal along with Advocate ShyamaleneSiqueira represented Ascent Hotels. The Veritas team comprised of Partner Abhijit Joshi and Senior Associate TusharRaut • Hariani & Co acted for minority shareholder Vascon Engineers with a team led by AbhijeetSonawane and BhanudeyKanwar • Juris Corp’s Partner VeenaSivaramakrishnan advised DBS Bank on the financing

  4. Veritas Legal • Veritas Legal has been founded by Abhijit Joshi, a professional with 22 years of experience in the Indian legal industry and a winner of many national and international accolades. • Previously, he was a senior partner and chief executive officer of AZB & Partners. • His key practice areas included mergers and acquisitions, general corporate and commercial law and private client law. • Abhijit has been practicing law since 1993. He started his career with Amarchand & Mangaldas & Suresh A. Shroff & Co. and then went on to practice with Dua Associates in Mumbai, before joining AZB & Partners, as one of their first partners, in 2001. • Mr. Joshi has featured in International Who’s Who Legal as ‘Leading Lawyer for Mergers & Acquisitions 2013’ and ‘Prominent Lawyer in the Franchise Sector’. • He has also been listed by IFLR1000 as ‘Leading Lawyer for Mergers & Acquisitions Leading and Private Equity 2012 & 2013’.

  5. Veritas Legal • Abhijit is associated with Entrepreneurs Organization, Young Presidents’ organisation and is a member of Legal Practice Division of International Bar Association. • A member of the Law Firm Management Committee of the International Bar Association, Abhijit is also associated with Law Society of England and Wales. • He holds a Bachelor of Law degree from Bombay University.

  6. THANK YOU!!

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