Khaitan & Co Advised Kilburn Engineering On Asset Acquisition Transaction
Khaitan & Co Advised Kilburn Engineering On Asset Acquisition Transaction
Khaitan & Co advised Kilburn Engineering Limited (Kilburn) in relation to its proposed acquisition of identified assets by way of an itemized sale, including leasehold interest in a premise situated at Ambernath from Shree Satyanarayan Industrial Suppliers Private Limited.
Kilburn Engineering Ltd. specializes in designing, manufacturing, and commissioning customized equipment and systems for critical applications across several industrial sectors, including chemical, steel, nuclear power, petrochemical, and food processing.
Khaitan & Co was involved in advising and assisting Kilburn in
i. structuring of the transaction;
ii. undertaking due diligence on Ambernath Unit (including third party title searches and litigation search);
iii. advising on goods and service tax related aspects of the transaction; and
iv. drafting, reviewing, negotiating, and finalizing various transaction documents including but not limited to (a) the binding term sheet; and (b) the asset transfer agreement.
The core team at Khaitan & Co consisted of Shourya Sengupta (Partner), Sneh Lata (Principal Associate) and Supallab Chakraborty (Senior Associate) with assistance from the following:
Real Estate Team: Rishabh Vora (Partner) and Ketan Jikar (Senior Associate)
GST Advisory: Arvind Baheti (Partner) and Rahul Dhanuka (Partner).
