DSK Legal, AMR Law, CAM, SAM act on GreatWhite Electricals change in ownership

IBC 29 Oct 2026 · Ruling· ◔ Reported

Hemang Jadavji Shah and certain other sellers have sold off their entire shareholding, representing 50% of the issued and paid-up share capital, in Great White Global Private Limited, to Mehul Jadavji Shah and an alternate investment fund. The transaction involved resolving a longstanding shareholder dispute between Hemang Jadavji Shah and Mehul Jadavji Shah, who each held a 50% stake in the Company. The dispute was the subject of proceedings before the National Company Law Tribunal, Mumbai Bench. Pursuant to a bidding process conducted under the supervision of a chairperson appointed in the NCLT proceedings, Mehul Jadavji Shah emerged as the successful bidder for the Sellers’ stake, paving…

CounselCyril Amarchand Mangaldas, Shardul Amarchand Mangaldas, DSK Legal
SectorIndustrials

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