Kochhar & Co has successfully advised Novargi Group on its joint venture with Cerec Metalform Private Limited, focusing on compliance with Indian laws during the establishment of the venture.
Kochhar & Co advises on Novargi-Cerec Metalform joint venture
Novargi Group, an engineering and EPC company based in Spain, has entered into a strategic joint venture with Cerec Metalform Private Limited. Kochhar & Co has provided comprehensive legal support to Novargi throughout this transaction.
The firm’s advisory role encompassed key tasks such as structuring the joint venture, drafting and negotiating transaction documents, and ensuring compliance with legal and regulatory requirements for setting up the venture in India. Ketan Mukhija, a partner at Kochhar & Co, led the transaction with significant contributions from Dee and other team members.
This joint venture signals growing international collaboration in the engineering sector within India. Legal practitioners should be prepared for similar future transactions that require meticulous structuring and legal compliance across jurisdictions.
