AZB & Partners advises L&T Finance on its acquisition of gold loan business of Paul Merchants Finance Private Limited on a slumpsale basis marking the entry of LTFS into the gold loan sector.

The deal team comprised Senior Partner Anand Shah; Partners Hufriz Wadia, Shriram Shah and Harshil Dalal; Senior Associates Gokul Gopakumar, Shivani Agarwal and Associates Pranjali Sharma, Isana Laisram and Gyanda Kakar.

The team was supported by Partner Nandan Pendsey, Esq., Senior Associates Riddhi Tulshian, Rhea Ghanshani on intellectual property law aspects; Senior Associate Anmol Jain and Associate Akshat Bhushan on corporate due diligence aspects; Associate Vedansh Tandon on real estate aspects, Partner Ajay Singh Solanki, Associates Shloka Jain and Yashashwini Santuka on employment law aspects; Partners Bharat V Budholia, Kirthi Srinivas and Senior Associate Shruthi Rao on the competition aspects; Associate Akash Manwani on litigation aspects; Partner Shruti K.P and Associate Mahima Agarwal on tax advisory.