Mankind Pharma, an Indian pharmaceutical company, has successfully incorporated a subsidiary in Russia. This process was facilitated by Luthra and Luthra Law Offices India, which provided comprehensive legal advice and guidance. The law firm played a crucial role in structuring the subsidiary, ensuring compliance with Russian regulations, and navigating the complexities of international sanctions.
Luthra and Luthra Law Offices India coordinated with Russian counsel to ensure a seamless incorporation process. The firm’s expertise in cross-border transactions and regulatory matters was instrumental in overcoming the challenges posed by international sanctions. The team advised Mankind Pharma on the optimal structure for the subsidiary, taking into account the prevailing regulatory landscape.
The transaction was led by Pradnesh Warke, a partner at Luthra and Luthra Law Offices India, who brought his expertise in corporate law and cross-border transactions to the table. He was supported by a team of experienced lawyers, including Ravi Raj Shekhar, a senior associate, and associates Devashree Kulkarni and Tanay Jha. Together, they worked closely with Mankind Pharma to ensure that all documentation and regulatory requirements were met, facilitating a smooth incorporation process.
The incorporation of a subsidiary in Russia is a significant milestone for Mankind Pharma, marking its expansion into a new market. The company’s decision to establish a presence in Russia reflects its commitment to growing its global footprint and increasing its access to new markets. Luthra and Luthra Law Offices India’s role in this process demonstrates the firm’s capabilities in handling complex cross-border transactions and its ability to navigate challenging regulatory environments.
The success of this transaction is a testament to the strong partnership between Mankind Pharma and Luthra and Luthra Law Offices India. The law firm’s expertise and guidance were essential in ensuring that the incorporation process was completed efficiently and effectively, despite the complexities posed by international sanctions. As Mankind Pharma continues to expand its global presence, the company can rely on Luthra and Luthra Law Offices India to provide expert legal advice and support.