The DMD Advocates has advised Infradigital Technologies Private Limited, a company promoted by Eros Labs Pte. Ltd. in selling its business undertaking engaged in the business of production and distribution of spiritual, devotional and religious audio-visual content and literature to Innertech Media Solutions Private Limited.
Innertech is a portfolio company of Times Internet Limited. The business division was transferred as a going concern on a slump sale basis. Innertech and Times Internet were represented by SAMCO.
The DMD Advocates Team consisiting of Senior Partner Rashi Dhir, Principal Associate Shivendra Singh and Associate Sukhmani Singh participated in the deal.