“The firm is very competitive. The partners are very learned and provide very practical advice and solutions to the client.”
– A Corporate/M&A client
Leading practice covering litigation, arbitration and white-collar crime work for top MNCs and banks
Private Equity/Venture Capital
Well-regarded private equity/venture capital transactions practice across sectors
Advising foreign investors on India entry strategy and assisting them on foreign exchange, tax and corporate law advice
End-to-end advice on corporate tax, India investments, employee benefits, and indirect tax matters
Advising on CCI approvals for proposed M&A deals and advisory work on restraints on trade
Special focus on fintech, health-tech, edu-tech, digital media, data privacy, cloud migration issues, and outsourcing to India
Banking & Finance
A historical banking and finance practice that represents top national and international banks and companies raising finance
Projects & Energy
Rich experience in a wide range of infrastructure and construction-related projects in the areas of renewable energy, roads, ports and airports
Widely regarded as one of the best firms in India for providing an array of employment law solutions
Well known for its insurance regulatory advisory capabilities and setting up insurance joint ventures
Governance & Policy
Meticulous and comprehensive advisory capabilities on governance, policy, and regulatory framework implementation
Well-established practice assisting global organizations in safeguarding their intellectual property assets (trademarks, copyrights, designs and patents) in India
Hyderabad Tribunal rules that receipt of shares in a scheme of amalgamation is taxable
Download .pdf In a recent ruling, the Hyderabad Income Tax Appellate Tribunal (the “Tribunal”) has, in the Vertex Projects case, held that if shares are received in a scheme of amalgamation by an amalgamated company being less than the fair market value (“FMV”), then...
India’s Space Policy – The Government continues to push for more Private Sector participation
Download .pdf Indian Space Research Organization (“ISRO”) issued the Indian Space Policy - 2023 (the “Space Policy”) on April 20, 2023, after it received the approval of the Union Cabinet. The stated goal of the Space Policy is to be an overarching, composite...
SEBI allows LPs to choose the AIF investments they want to participate in
Download .pdf Introduction In a circular issued last month (the “Circular”), the Securities and Exchange Board of India (the “SEBI”) has allowed specific investors to excuse or exclude themselves from any particular investment being made by an alternative investment...
India’s Supreme Court rules on the maintainability of proceedings against auditors after their resignation
Download .pdf In a recent ruling, India’s Supreme Court has held that an enquiry or proceeding against an auditor of a company under Section 140(5) of the Companies Act, 2013 (the “Act”) does not terminate upon the resignation of the auditor, and the auditor, if found...
Gujarat High Court rules on stamp duty levy in M&A transactions
Download .pdf In a recent ruling, the Gujarat High Court (the “GHC”) has dealt with five different issues under the Gujarat Stamp Act, 1958 (the “GSA”) and has held that: In a composite scheme of arrangement where undertakings are transferred by way of a merger,...
Supreme Court rules on what constitutes management and control under Indian tax law
Download .pdf In a recent ruling, India’s Supreme Court (“SC”) has held that the term “management and control” of a company means where the head, seat and the directing power of the business affairs lie. It is not merely theoretical or de jure control and power,...