Weaver Services Private Limited acquired 75.01% of Centrum Housing Finance from Centrum Capital and other shareholders. Khaitan & Co advised Weavers on this deal and on agreements with Morgan Stanley Private Equity Asia to purchase the remaining 24.99% stake in total.
Shashi Tharoor criticised the Indian legal system for being overloaded with politically driven, baseless cases. He warned that such cases waste judicial time and turn legal proceedings into punishment itself.
