Leonardo Helicopters has appointed Universal Vulkaan Aviation Pte. Limited as its distributor for the Indian civil helicopter market, with legal advisory support from Khaitan & Co. The advisory firm played a pivotal role in structuring the arrangement from an Indian law perspective.
Led by Atul Pandey, Partner at Khaitan & Co., the core team included Arjun Bhagi, Shivansh Mehta, and Mehul Mehta. Additionally, Vinita Krishnan, Sneh Shah, and Husain Bohra provided assistance on direct taxation aspects, while Mayank Jain and Pranay Sahay contributed to the indirect taxation aspects.
Pranjal Prateek and Yatharth V Singh handled the competition law aspects of the arrangement.
The appointment of Universal Vulkaan Aviation as a distributor signifies Leonardo Helicopters' commitment to expanding its presence in the Indian civil helicopter market. With Khaitan & Co.'s expertise, the arrangement is structured to comply with Indian legal regulations while facilitating efficient distribution operations in the country.