S&A Law Offices advised AI Assets Holding Limited (AIAHL) on the successful sale and transfer of Mumbai’s iconic Air India Building at Nariman Point to the Government of Maharashtra through the Governor of Maharashtra. The landmark transaction was completed for a total consideration of Rs.1,601 crore, marking one of Mumbai’s most significant real estate deals in recent years.
The Enforcement Directorate has transferred four Mumbai flats linked to Mehul Choksi to the liquidator of Gitanjali Gems to speed up monetisation and compensate victims of the PNB fraud. This marks a crucial shift from asset seizure to real recovery for banks and affected stakeholders.
