JSA Advocates & Solicitors (JSA) represented National Industrial Corporation of India Private Limited in the sale of its non-operational distillery and bottling facility in Moradabad, Uttar Pradesh, to Allied Blenders and Distillers Limited.
The transaction involved the transfer of land, buildings, plant and machinery associated with the facility, along with assistance in the transfer of relevant operational licenses from NICOL to ABDL.
The acquisition is expected to strengthen ABDL’s Indian Made Foreign Liquor (IMFL) bottling capacity in Uttar Pradesh and support the expansion of its distillery operations. The transaction forms part of ABDL’s broader growth strategy to expand its manufacturing capabilities and enhance operational efficiencies in key markets.
The JSA transaction team was led by Probir Roy Chowdhury, Partner with support from Yajas Setlur, Partner; Pranavi Pera, Principal Associate; Moushami Nayak, Associate; and Haritima Kavia, Associate.
Additional support from the Corporate Team was provided by Kartik Jain, Partner, and Anmol Mahajan, Associate.
Further assistance from the Real Estate Team included Bharat Bhushan Sharma, Partner, and Mohit Aggarwal, Principal Associate.
Bharat Bhushan Sharma is a Partner at JSA with over 18 years of experience in real estate and corporate advisory matters. He advises leading domestic and international clients on land acquisitions, title due diligence, leasing, township development, infrastructure projects, and complex real estate transactions across India. Bharat also played a key role in advising the Government of India on the formulation of the Real Estate (Regulation and Development) Act, 2016 (RERA).