Khaitan & Co, a leading Indian law firm, advised Vama Sundari Investments of the HCL Group on a major joint venture with Foxconn Hon Hai Technology India Mega Development Private Limited to support India’s expanding semiconductor ecosystem.
On Thursday(5th September),The Supreme Court directed Sahara Group to deposit Rs 1,000 crore into an escrow account within 15 days and permitted a joint venture to develop its Versova land, aiming to realize Rs 10,000 crore. This amount is required to be deposited into the SEBI-Sahara refund account to return investors’ money as per a 2012 court order.
