Cyril Amarchand Mangaldas advises Deakin University, Australia, on setting up India's first International Branch Campus at GIFT City
Business | March 13, 2023 5:04:31 PM IST
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Mumbai (Maharashtra)/ New Delhi [India], March 13 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Deakin University, Australia (Deakin University), in setting up of its International Branch Campus. This would be the first international campus of Deakin University. It is also a major landmark for GIFT City, as it marks the entry of the first International University to enter India. The GIFT City Practice of Cyril Amarchand Mangaldas is advising and providing end-to-end legal assistance to Deakin University for securing approvals and setting up its International Branch Campus under International Branch Campuses and Offshore Education Centres Regulations, 2022 ("IFSCA IBC and OEC Regulations"). The advisory team was led by Ketaki Mehta, Partner, GIFT City; with support from Jinisha Motwani, Associate, and Ishika Jain, Associate. Kunal Savani, Partner, with Bipluv Jhingan, Principal Associate and Lakshya Gupta, Associate advised on the taxation aspects of the matter. Abe Abraham, Partner, with Kriti Singh, Associate advised on employment-related aspects of the matter. Deakin University received in-principle approval to set-up International Branch Campus at the GIFT City, Gujarat, India, by securing approval under the regulatory framework notified on October 11, 2022, by the IFSC Authority, under the IFSCA IBC and OEC Regulations. The first program for the Deakin International Branch Campus will tentatively commence by 3rd quarter of 2024.
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