Insolvency and Bankruptcy Code

Advising Bankit Services and Shareholders on Strategic Acquisition by Findi Ltd’s Indian Subsidiary

We advised Bankit Services Private Limited and its selling shareholders on the full acquisition of the company by Transaction Solutions International (India) Pvt. Ltd., a subsidiary of ASX-listed fintech firm Findi Ltd. The deal marks a significant strategic investment in India’s digital payments space.

August 18, 2025

Deals

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Bombay High Court Upholds Rejection of Interim Relief in Favour of Probability Sports (India) Pvt. Ltd.

We successfully represented Probability Sports (India) Pvt. Ltd. before the Bombay High Court, where the Division Bench upheld the denial of interim relief to Jupicos Entertainment Pvt. Ltd., affirming that the claim was delayed, the agreement was terminable, and damages—not specific performance—were the appropriate remedy.

August 18, 2025

Deals

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Advising on ₹987.26 Crore Rights Issue of Lloyds Engineering Works Limited

We acted as Legal Counsel to Lloyds Engineering Works Limited and Lead Manager Mark Corporate Advisors Private Limited in the ₹987.26 crore Rights Issue of the company, supporting the transaction with comprehensive legal advisory and execution oversight.

August 18, 2025

Deals

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Practice Areas

Banking and Finance
Capital Markets
Debt Restructuring and Insolvency
Dispute Resolution
Infrastructure and Projects
Mergers and Acquisitions
Practice Area Sample
Private Equity
Real Estate
Structuring
Succession and Trust

Company

204-207, Krishna Chambers
59, New Marine Lines,
Mumbai 400020, India

Tel: +91 (22) 4096 1000
Fax: +91 (22) 4096 1010

Email: info@rajaniassociates.net

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