Paridhi Rastogi

Associate

Qualifications

B.Com, L.L.B (Hons.), Institute of Law, Nirma University, Ahmedabad

About

Paridhi is a member of the M&A and Corporate Advisory, and Private Equity & Venture Funding practice group at Acuity Law. She regularly advises private equity funds, family offices, and corporate clients in relation to equity investments and cross-border transactions. She also provides corporate advisory services to Indian and foreign clients on corporate laws and compliances, foreign exchange laws, labour laws, insolvency laws, etc.

  • Advised BL Taparia Family Office in its follow-on investment in Arcatron Mobility, with OrbiMed, a global healthcare-focused private equity firm as the lead investor.
  • Advised a company based in Singapore in the acquisition of shares from the minority shareholder in its Indian subsidiary.
  • Advised NABVENTURES Limited in its investment of ~USD 3.5 million in Dr. Jackfruit India Private Limited, also known by its brand name, i.e., Beyond Snack.
  • Advised a company based in Japan on the acquisition of shares from minority shareholder and director in its Indian subsidiary.
  • Advised Vivaldis Health and Foods Private Limited in its acquisition by Sun Pharmaceutical Industries Limited.
  • Assisted a foreign law firm in advising its clients based in Malaysia in relation to expanding its business operations in India, in the e-commerce sector.
  • Advised a company based in Japan on implications under applicable Indian foreign exchange, labour, and insolvency laws.
  • Advised a global information technology company on legal issues and judicial trends under applicable Indian labour laws.

Related Posts

March 4, 2024

Acuity Law acted as the legal advisor to BL Taparia Family Office on investment in Arcatron Mobility (Arcatron)

We are pleased to announce that Acuity Law acted as the legal advisor to BL Taparia Family Office in its follow-on investment in Arcatron Mobility (Arcatron). This investment round was led by OrbiMed, a global healthcare-focused private equity firm. To read more about the transaction please click here.  Arcatron under the brand “Frido” designs mobility products,…
Read more
May 8, 2023

Fraudulent Initiation of CIRP can be challenged before ‘Admission’

Introduction The Insolvency and Bankruptcy Code, 2016 (Code) aimed to bring a paradigm shift in the insolvency and bankruptcy laws in India by making it more creditor friendly and by facilitating the revival of financially distressed companies. The architects of the Code pre-empted the possibility of misuse of the Code to fraudulently initiate insolvency /…
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June 20, 2023

Breach of Settlement Agreement and Revival of Insolvency Application

Introduction In 2018, section 12A[i] was introduced in the Insolvency and Bankruptcy Code, 2016 (Code), to provide statutory recognition to settlement between the parties after the application to initiate the corporate insolvency resolution process (CIRP) has been admitted and allow withdrawal of the insolvency application. As of 31 March 2023,[ii], about 848 CIRPs have been…
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October 20, 2023

SEBI Guidelines for Investor Protection Funds and Investor Services Funds

As per reports[i], India Market Capitalization accounted for USD 3,840.5 billion in September 2023 making it the world's fourth largest market by value, surpassed only by the United States, China, and Japan. However, increased investor participation requires enhanced investor protection as well. In 2004, the Indian securities market regulator, SEBI, had issued comprehensive guidelines for…
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February 17, 2023

No withdrawal of insolvency after approval of Resolution Plan

Introduction The Insolvency and Bankruptcy Code, 2016 (Code), in its original form, did not include provisions with respect to withdrawal of an application for the initiation of corporate insolvency resolution process (CIRP). However, pursuant to various judicial pronouncements[i], Section 12A was inserted[ii] in the Code permitting withdrawal of CIRP with the approval of 90% voting…
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December 12, 2022

Leasehold right: An intangible asset

Introduction The primary object of the Insolvency and Bankruptcy Code, 2016 (Code) is the revival of the corporate debtor undergoing insolvency process and to keep it running as a going concern. To achieve this objective, the Code prescribes the imposition of a moratorium upon initiation of corporate insolvency resolution process and casts a duty on…
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November 17, 2022

Resolving the Conundrum Between the MSMED Act, 2006 and the Arbitration and Conciliation Act, 1996

Introduction The Micro, Small, and Medium Enterprises Development Act, 2006 (MSMED Act) was enacted to ensure timely and smooth flow of credit to small and medium enterprises while promoting, developing and enhancing the competitiveness of micro, small and medium enterprises. This came at a time when the Arbitration and Conciliation Act, 1996 (Arbitration Act) had…
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October 4, 2022

KMP norms: Do they apply to private companies?

In 2005, the Government of India had constituted an expert committee headed by Dr. J.J. Irani to advise on revising and modernizing the Companies Act, 1956. The committee in its report (JJ Irani Report)[i] gave its views on various issues including on appointment, duties and obligations of the Key Managerial Personnel (KMP). Pursuant to the recommendations…
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August 10, 2022

Let’s talk mediation!

The aim of a legal system in any society is the efficient settlement of disputes, be it through the courts of law, or an alternative dispute resolution (ADR) mechanism such as arbitration, mediation, conciliation, etc. These ADR mechanisms have been prevalent in India since ancient times and have assisted in the resolution of disputes relating to family,…
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January 2, 2023

NCLT clarifies: Interim moratorium not applicable to future liabilities

Introduction In India, prior to the Insolvency and Bankruptcy Code, 2016 (Code), insolvency proceedings against individuals used to be governed by the Presidency Towns Insolvency Act, 1909 and the Provincial Insolvency Act, 1920. While, the Presidency Towns Insolvency Act, 1909 was applicable to the erstwhile presidency towns such as Calcutta, Bombay and Madras, the Provincial…
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August 3, 2022

Vidarbha Industries: Extending the power of NCLT under Insolvency Law

The Insolvency and Bankruptcy Code (Code) provides the right to a financial creditor to make an application to the National Company Law Tribunal (NCLT) for initiation of corporate insolvency resolution process (CIRP) against a corporate debtor in the event the debtor fails to repay its debt owed to the creditor. The Code as well as…
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March 1, 2023

Acquisition of shares of Vivaldis

We are very happy to share that we represented Vivaldis Health and Foods Private Limited and its promoters in a transaction, the details of which are available here. Other coverage of the deal By Business Standard – Available here By Mint – Available here By CNBC – Available here By Zee Business – Available here The transaction team members at Acuity Law were…
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July 15, 2023

NABVENTURES invests in Beyond Snack

We are pleased to announce that Acuity Law acted as the legal advisor to NABVENTURES Limited and NABVENTURES FUND I (together referred to as “NABVENTURES”) in its investment in Dr Jackfruit India Private Limited (operating under the brand name of “Beyond Snack”). NABVENTURES invested approximately USD 3.5 million in this funding round. To read more…
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March 4, 2024

Arcatron (a medical device company) Raises Funds From Orbimed (US

We are pleased to announce that Acuity Law acted as the legal advisor to BL Taparia Family Office in its follow-on investment in Arcatron Mobility (Arcatron). This investment round was led by OrbiMed, a global healthcare-focused private equity firm. To read more about the transaction please click here.  Arcatron under the brand “Frido” designs mobility products,…
Read more