Complete Integrity
Practical Approach
International Orientation
Timely Delivery
“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
Practice Areas
Corporate/M&A
Top-notch corporate/M&A practice which is well regarded in India and abroad
Dispute Resolution
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
Foreign Investment
Advising foreign investors on India entry strategy and assisting them on foreign exchange, tax and corporate law advice
Tax
End-to-end advice on corporate tax, India investments, employee benefits, and indirect tax matters
Competition
Advising on CCI approvals for proposed M&A deals and advisory work on restraints on trade
TMT
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
Employment
Widely regarded as one of the best firms in India for providing an array of employment law solutions
Insurance
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
Intellectual Property
Well-established practice assisting global organizations in safeguarding their intellectual property assets (trademarks, copyrights, designs and patents) in India
Insights
India – Insurance/PE Update
Download .pdf On October 13, 2022, the Insurance Regulatory and Development Authority of India (the “IRDAI”) published an exposure draft of the IRDA (Registration of Indian Insurance Companies) Regulations, 2022 (the “Draft Registration Regulations”), under which it...
The Jaipur Appellate Tribunal rules on India’s Equalisation Levy
Download .pdf In a recent ruling, the Jaipur bench of the Income Tax Appellate Tribunal (the “Tribunal”) has upheld that there will be no Equalisation Levy on Google advertisement payments made by an Indian tax resident if the advertisers and the target audience are...
Delhi High Court rules on non-applicability of higher withholding tax rate
In the Air India Limited case, the Delhi High Court has, once again, reiterated that for payments made by an Indian tax resident to a non-resident, the Indian payor will be correct in applying the withholding tax rate prescribed under the double taxation avoidance...
The Twitter v. Musk dispute has highlighted the importance of efficient contracting
Download .pdf Mergers and Acquisitions (“M&A”) are strategic business collaborations that form an indispensable part of the corporate world. Parties have to mutually consent upon key terms and considerations regarding the target’s business before closing the deal....
New “Work From Home” rules in Special Economic Zones may lead to tax holiday disallowance
Download .pdf Recognizing the prevalence of flexible hybrid working models and taking into account industry demands, the Ministry of Commerce and Industry, Government of India, has introduced a new Rule 43A – “Work from Home” in the Special Economic Zones Rules, 2006...
Celebrating Income Tax Day – India
Download .pdf On the occasion of Income Tax Day, the firm's tax team, headed by Ravi S. Raghavan, has compiled noteworthy tax law changes and happenings over the last year. Retrospective application of Indirect Share Transfer provisions nullified Indian tax...