DSK Legal represented Sood Infomatics LLP in relation to subscription of its shares in E-arth Travel Solutions Pvt Ltd

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LE Desk

New Delhi, August 7, 2021: DSK Legal represented Mr Sonu Sood and Sood Infomatics LLP (SIL) in relation to the subscription of Class B shares by SIL in E-arth Travel Solutions Private Limited.

E-arth Travel Solutions  is a 30:70 joint venture amongst SIL and Digispice Technologies Limited & Spice Money Limited. 

DSK Legal assisted Sonu Sood and SIL in inter-alia drafting, reviewing, and finalizing of (a) share subscription agreement amongst Mr Sood, SIL, Company, DTL and SIL; (b) shareholder’s agreement amongst Mr Sood, SIL, Company, DTL and SIL; and (c) promotion plan to record the understanding of Mr Sood and SIL in relation to the promotion and endorsement of Company’s Business, the Law Firm said in a press statement. 

The DSK Legal team representing Mr Sood and SIL comprised of Principal Associates Jitendra Soni and Chirag Jain. 

E-arth Travel Solutions Pvt Ltd is engaged in the business of running tour and travel related platform ‘Travel Union’ involving services pertaining to booking, reservation, sale, sponsoring, organizing, managing, and facilitating tours, travel, ticketing, visa, accommodation, carriages, travel insurance and forex, including in relation to meetings, incentives, conferences, events etc. 

As a part of the transaction, Mr. Sood shall be acting as a brand ambassador of E-arth Travel Solutions and shall endorse its business, the statement said. 

Mr. Rishi Anand (Partner) acted as the engagement partner and provided strategic inputs on the transaction.

DTL and SML were represented by S&R Associates.

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