Economic Laws Practice advises SAMHI Hotels on sale and transfer of Caspia Hotel

Economic Laws Practice (ELP) has advised SAMHI Hotels Limited on the transfer of the business undertaking of the Caspia Hotel on a slump sale basis to Deventure Hotel and Resorts Private Limited for an aggregate consideration of ₹65 crore.

The transaction team was led by Abhishek Sanyal (Partner), with support from Jishnu Dhar (Principal Associate) and Kingshuk Saha (Associate).

Sujjain Talwar (Co-Founding Partner) provided strategic inputs on the transaction.

SAMHI Hotels Limited is a leading investment and development firm focused on ownership of branded hotels across India.

Deventure Hotel and Resorts Private Limited runs a chain of hotels and resorts in North India.

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