We provided comprehensive legal counsel to NDB Ltd. on restructuring strategies to separate their IT and real estate businesses into distinct legal entities. Our guidance encompassed corporate, commercial, and tax considerations throughout the process.
After the client opted for a spin-off as the preferred method, our team managed the entire procedure, including drafting the spin-off agreement between the parent company and the new entity. We also offered tax advice and expertise on the real estate aspects ensuring a smooth transition.
