DMD Advocates is representing GE India Industrial before the (NCLT) in New Delhi seeking approval for the demerger of its energy businesses.
This demerger is part of a broader global strategy by New York Stock Exchange-listed General Electric Company, the parent of GE India Industrial. The demerger is slated to divide its operations into three focused entities comprising aviation, healthcare and energy. The restructuring aims to enhance operational efficiency in each sector.
The core transaction team consisted of senior partner Rashi Dhir, partners Pawan Sharma and Pallavi Puri, and principal associates Anuj Shah and Rishabh Sharma.
The transaction team received support from associate partner Saiyam Chaturvedi, principal associates Divay Rastogi and Pragathi P, senior associate Aishwarya Gupta and associate Srishti Pandey.
The team provided comprehensive legal guidance, managing the complex regulatory and procedural aspects required for the demerger’s approval.
