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Deals17 Oct 2024, 08:22 pm

Share Samadhan Subsidiary, Nyaya Mitra, Secures Consulting Contract for Recovery of Rs 1,240 Crore Contingent Asset

AI Summary

Share Samadhan Limited (SSL) has announced that its subsidiary, Nyaya Mitra Limited (NML), has secured a contract for litigation funding consulting on emerging claims, including damages valued at Rs 1,240 crore. The contract, which is operated on a success-fee basis, underscores NML's commitment to facilitating corporate claims and supporting clients in complex cases to assert their legal rights. SSL is recognized as India’s leading platform for unclaimed investment and money retrieval advisory. Through NML’s specialized litigation funding consulting services, SSL and its subsidiaries provide comprehensive support for investment recovery and strategic legal assistance, empowering clients with tailored solutions to protect and assert their interests in claims.

Key Highlights

  • Nyaya Mitra Limited, a subsidiary of Share Samadhan Limited, secures a contract for litigation funding consulting on emerging claims, including damages valued at Rs 1,240 crore.
  • The contract is operated on a success-fee basis, with final fees linked to the amount successfully recovered or the settlement ratio.
  • This development underscores Nyaya Mitra’s commitment to facilitating corporate claims and supporting clients in complex cases.
  • Share Samadhan Limited is recognized as India’s leading platform for unclaimed investment and money retrieval advisory.
  • Through Nyaya Mitra Limited’s specialized litigation funding consulting services, SSL and its subsidiaries provide comprehensive support for investment recovery and strategic legal assistance.
SSL
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Share Samadhan Ltd

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