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Founded in 2006, Legacy Law Offices has offices in Chandigarh, Delhi, Mohali, Solan, Kurukshetra and an associate office in Mumbai. The firm extends its presence beyond the jurisdiction with representative offices in the UK and the US.
The firm is noted for its project development practice. Sectors of activity include transport, healthcare, energy and social infrastructure.
Highlights
A significant capital market mandate saw the firm act as a legal advisor for the Initial Public Offering (IPO) of Vibhor Steel Tubes, a leading steel tube manufacturer and exporter of India. The IPO was held to be one of the most successful IPO of the year 2024 and the 3rd most successful IPO till date. The IPO has been over-subscribed by over 299 times.
Key clients
Intercontinental Consultants & Technocrats, Mienhardt Singapore, Ministry of Yemen, Nippon Koei (India), ANS Constructions, EMS, Vibhor Steel Tubes, Khambatta Securities, Narnolia Financial Services
Testimonials
Project development: Infrastructure
“Legacy has an excellent team of legal professionals who have varied expertise and experience of handling corporate legal matters in the field of project development and execution. They also are known for their track record of providing legal services for the development of different PPP projects implemented in different sectors/industries.”
“The corporate team of Legacy provides regular legal advisory and contract management services to our organization. Being our legal partners, they also handle various legal and contractual matters to ensure timely recovery of money and effectual contract performance as agreed upon, and handle other legalities associated thereof. They have a very flexible team having experience and expertise across different fields that ensures that they are capable of providing legal advice and opinions regarding legal ambiguities posed by us.”
“We have been working with Legacy for a long time and have availed their drafting, vetting and advisory services at different points. They have an excellent team of legal practitioners who are really efficient with their deliverables and timeframe to help ensure and uphold the interests of their clients in the best possible way.”
Gagan Anand
“Gagan is an extremely hard-working legal professional having decades of experience in providing corporate legal services to the clients that help with the development and construction of different infrastructure projects and provide efficient legal advisory and opinion to help their clients with any legal nuances.”
“He is an extremely diligent legal professional known for his experience and expertise in handling project development and providing legal services towards construction of projects in different sectors/industries.”
Shalini Munjal
“Shalini has been a reliable legal partner throughout the period of being associated with the firm. She is acquainted with the nuances of the construction and real estate sector and provides intelligent solutions to navigate the posed legal issues and queries. She is also aware of the commercial suitability of the legislation applicable in the sector and provides regular legal opinion to our organization to help ensure compliance and avoid any futuristic legal complications.”
Equilex is a boutique law firm established in 2019 by Deep Roy, who also serves as managing partner. The firm is headquartered in Mumbai.
The firm is recognized for its focus on the restructuring and insolvency space, where it advises clients such as asset reconstruction firms, banks, resolution professionals, NBFCs and corporates.
One of the oldest law firms in India, Fox Mandal & Associates is a full-service law firm established in 1896. The firm caters to clients across the country with offices in Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Mumbai and Pune.
The firm is recognised for its corporate and M&A, private equity and projects work. Sectors of activity include transport, hospitality, utilities, energy, logistics, technology, manufacturing, pharmaceuticals and automotive.
Highlights
Recent examples of the firm's deal work include advising on the structuring, tender drafting, and concession agreement for the Kilambakkam Bus Terminal, a major public-private partnership (PPP) project in Chennai aimed at transforming urban mobility; establishing a practical precedent for future infrastructure PPPs.
In a separate real estate transaction, the firm advised a client on the acquisition and financing of a 63-acre land parcel in Bangalore for development, securing funding from Kotak Mahindra Investments. The transaction's primary challenge was navigating the significant legal complexities inherent in large-scale land acquisitions, which demanded meticulous title due diligence and the vetting of multiple sale deeds.
Key clients
ICICI Bank, UCO Bank, ESR Group, Heat & Control Group, Vena Energy Vidyuth, ReNew Power Ventures, Akara Research and Technologies, Tamilnadu Water Investment, Piramal Enterprises, ISR Constructions
Testimonials
“In-depth knowledge of the local laws. Solution oriented approach to the issues identified and encountered during transaction.” (Real estate)
Aruna Singh
"Aruna is very good with her knowledge on the real estate assignments. Understanding of the client requirement. "
Founded in 1986, Dua Associates is a full-service law firm with a pan-India presence and offices in Delhi, Bengaluru, Chennai, and Mumbai. It serves a wide spectrum of clients drawn from multinationals including from the US, Europe, Japan and ASEAN.
The firm is strongest in its work involving mergers and acquisitions, foreign direct investment, private equity and other corporate transactions. It also covers a wide range of industrial sectors including healthcare and life sciences, technology, telecommunications, insurance, real estate, projects and infrastructures.
Highlights
In a landmark insolvency matter, the firm advised Piramal Enterprises through a multi-stage case involving corporate and personal guarantors. The team secured a key victory by successfully advancing a novel interpretation of Section 18 of the Insolvency and Bankruptcy Code (IBC) to recover a high-value asset, setting a strategic precedent at the intersection of corporate and personal insolvency proceedings.
In real estate finance, the firm structured a debt facility for Ganga Global Homes for its Ganga Nandaka project. The deal's complexity stemmed from an innovative cross-mortgaging structure that pooled assets from multiple entities into a unified security package.
Key clients
Piramal Capital & Housing Finance, Shell, Altico Capital, FedEx Trade Networks Transport & Brokerage, Sammaan Capital, SBI Ventures, Assets Care & Reconstruction Enterprise
Established in 2010, Sarthak Advocates & Solicitors is headquartered in New Delhi and is led by managing partner Abhishek Nath Tripathi.
The firm is noted for its M&A and restructuring and insolvency practices. Sectors of activity include energy, healthcare, technology, real estate, hospitality, private equity, and financial services.
The firm also has experience in private equity, joint ventures and commercial partnerships. It covers antitrust and competition, commercial, employment and benefits, environmental, intellectual property, tax and corporate governance.
Founded in 2005, Gagrats is an Indian law firm based in Mumbai. The firm also has an associate office named Gagrat & Co in New Delhi.
The firm is strongest in its banking and finance and project development practices, it also offers a broad-based practice cutting across a wide range of legal disciplines from finance, M&A, private equity, capital markets, securitizations, and project development.
Highlights
In the banking sector, the firm has been active in advising clients on corporate finance, including on external commercial borrowings and securitizations.
The team has also been active in the capital market, assisting with the issuance of securities and related regulatory matters.
The corporate team has been advising clients on cross-border acquisitions, disposals, joint ventures, and restructuring work.
The project team has been representing foreign and domestic power companies and state electricity boards on IPPs, cogeneration projects, solar and wind power projects, and nuclear power projects. Additionally, the team has been active in advising on infrastructure projects.
Established in 1962 by the Late Mr. S. N. Gupta, SNG & Partners is a second-generation full-service law firm and a consistent performer across the banking and finance and capital markets practice areas. The firm maintains offices in Mumbai, New Delhi and Bengaluru.
The firm is known for its focus on banking, project finance and capital markets, acting for clients such as issuers, underwriters and lenders on domestic and cross border financings, and debt and equity offerings. The firm has worked across a plethora of sectors including banking and financial services, real estate, energy, transport, and oil and gas.
Highlights
In a landmark mandate, the firm advised the promoters of Stirrup, India's leading Environmental, Social, and Governance (ESG) communications firm, on the sale of a strategic stake to Singapore's Xcelerate platform. The transaction marks India's first control deal in the ESG consulting sector. It set a precedent by adapting legal documentation to reflect modern ESG governance expectations within Indian corporate law.
The firm also advised HDFC Capital on a Non-Convertible Debenture (NCD) investment in Eldeco. The transaction was highly complex due to its multi-layered security structure. It required creating and cross-collateralising security interests across numerous project-specific Special Purpose Vehicles (SPVs). This ensured robust risk mitigation for the investor while enabling large-scale deployment in emerging real estate markets.
Key clients
Credila Financial Services, Mundra Petrochem, HDFC Capital Advisors, Patanjali Ayurveda, Banyantree Growth Capital, Impactum Lands, Ugro Capital
Testimonials
“Detail oriented and meticulous work.” (Project finance)
Sweta Mehta
“Listens well and gives sound advice. She is always updated with recent regulations and is a pleasure to work with.”
King Stubb & Kasiva is a full-service corporate law firm in India. The firm has over 100 lawyers working in offices across the country including New Delhi, Chennai, Mumbai, Bangalore, Pune, Hyderabad, Kochi & Mangalore.
The firm has extensive experience in the banking and finance area, general corporate, and private equity. It also has experience in mergers and acquisition, intellectual property, corporate finance, and regulatory matters.
Highlights
During the research period, the firm has been active in advising clients in the M&A space. In a landmark mandate, the firm advised SSW Partners, a New York-based investment partnership (SSW), on the sale of Veoneer's Restraint Control Systems (RCS) business to American Industrial Partners Fund VII (AIP). The transaction was complex and involved multiple jurisdictions, requiring the firm to align the views of experts across the industry and execute strategic planning and risk and loss mitigation.
Key clients
Veoneer, Baird Capital, Barrix Agro Services, Cleartrip Middle East, Octillion, Horizon Global
Established in 1978, Dave & Girish & Co is a full-service law firm headquartered in Mumbai. Key figures of the firm include founder partner Girish Dave and managing partner Mona Bhide.
Focusses / specialisms
The firm is known for its financial structuring documentation and litigations. The prime practice areas include international corporate transactions, M&A, private equity, capital markets, derivatives and project finance.
Active since 2008, Bharucha & Partners is recognised for its work across the financial and corporate space, the firm is best known for its strong corporate and M&A offering. The firm has three offices in Mumbai, New Delhi and Bengaluru.
Focusses / specialisms
The firm is most active in banking and finance, M&A and private equity.
In the M&A and private equity space, the firm takes on roles for both buyers and targets in matters including acquisitions and fundraising. The firm’s experience covers a range of sectors such as real estate, manufacturing, technology and telecommunication, banking and financial services, industrials and chemicals, and hospitality.
Key clients
Notable clients include Ashv Finance, Asirvad Microfinance, IDBI Bank, State Bank of India, Profectus Capital, Aseem Infrastructure Finance, Satya MicroCapital, KrazyBee Services and Spandana Sphoorty Financial.
Research period review: 33rd edition (2022/2023)
The banking team has acted for both borrowers and lenders on financing and advised on regulatory compliance matters.
The capital markets team was particularly active in equity transactions. It kept busy with IPOs.
In M&A, the firm was active on strategic deals on both the buy and sell sides. The deals were in the technology and telecommunication, logistics and real estate sectors.
Deal highlights: 33rd edition (2022/2023)
Aurum PropTech’s acquisition of HelloWorld Technologies India.
DreamFolks Services’ IPO.
Greenlam Industries’ acquisition of Bloom Dekor's factory in Gujarat.
Gujarat Polysol Chemicals’ IPO.
Active since 2013, Advaita Legal is best known for its project development work and is also active in banking and M&A. The firm notably sits on the panels of several government bodies such as the National Skill Development Council and the Tamil Nadu Infrastructure Development Board. The firm maintains offices in Mumbai and New Delhi.
The firm is experienced in sectors including aviation, technology and telecommunication, transport, fintech, healthcare, and oil and gas.
Noteworthy clients include the Airport Authority of India, Ministry of Civil Aviation, the Inland Waterways Authority of India, and Oil and Natural Gas Corporation.
During the research period the firm often acted on behalf of government bodies.
A recent staffing change saw the departure of banking and finance and corporate partner Atul Dua, who left to pursue independent practice. Additionally, corporate partner Subodh Sadana left the firm for Khaitan & Khaitan.
Deal highlights
Bhadla Solar Park 50MW solar PV plant
Damanjodi 1MTPA alumina refinery
National Waterway -1
Nashik Smart City
Ranchi Smart City
Nashik Smart City
Client feedback
Financial services regulatory
"Understands regulation, gives good advice, is open to discussing good solutions, and is efficient and trustworthy.”
Monali Dutta
“Great support. I trust her fully to act on our behalf.”
Founded in 2004, AZB & Partners is a household name in the Indian legal market and has solidified its reputation as a top-notch corporate law firm. Ajay Bahl, Zia J. Mody and Bahram N. Vakil are the firm’s founding partners. The firm has offices in Mumbai, New Delhi, Bangalore, Pune, Chennai and GIFT City.
The firm performs consistently well in banking and finance, capital markets, corporate and M&A, private equity, and restructuring and insolvency. It takes on clients from a diverse range of sectors, including banking and financial services, energy, transport, oil and gas, automotive, technology and telecommunications, insurance, and food and beverage.
Highlights
In a landmark mandate, the firm advised Disney on its $8.5 billion media merger with Reliance Industries and Viacom18, creating India's largest TV and digital streaming platform. The deal, one of India's most significant media sector transactions, reaching over 750 million viewers, involved structuring a precise three-way joint venture and navigating complex domestic and cross-border regulatory frameworks.
In another standout mandate, the firm advised Bamboo Hotel and Global Centre on issuing one of the fiscal year's largest A+ rated non-convertible debentures to refinance debt and fund a major commercial project in Delhi's Aerocity. The transaction was complex due to its multi-lender structure with Nonbank financial companies (NBFCs) and mutual funds under a common security agreement, with further sophistication added by a green shoe option.
Key clients
HDFC Capital Advisors, IIFL Capital Services, Canara Bank, ICICI Bank, Standard Chartered Bank, BlackRock, Visa, Indian Institute of Technology, Varde Partners Asia, Everstone Capital, Oaktree Capital Management
Testimonials
“AZB has developed an in-depth understanding of our bank's priorities and strategy over the years and provides prompt, relevant and accurate legal advice whenever required.” (Banking)
“They are trustworthy, escalate concerns and are thorough in their work." (Banking)
“They stand out for their deep local M&A expertise, business-oriented approach, and consistent availability.” (M&A)
“AZB & Partners demonstrated strong cross-border due diligence capability, expertise and responsiveness throughout the transaction. Their expertise in navigating complex corporate structures ensured a seamless process. What made them stand out was their ability to work collaboratively across jurisdictions, particularly with our team at Ashitiva Advocates and Squire Patton Boggs as part of the Transaction Advisors ensuring that the due diligence exercise was not only technically sound but also commercially attuned to the project’s objectives. Their team combined technical depth with efficiency, which allowed the consortium to progress confidently.” (Project development)
Srinath Dasari
“He understands very well our business and our constraints. He is pragmatic and really hands on.”
Anuja Tiwari
“Anuja Tiwari brought clarity and precision to the due diligence process. What stood out was her expertise, responsiveness and ability to engage constructively with our team at Ashitiva Advocates, ensuring alignment between Indian law and Kenyan regulatory requirements. She was efficient, pragmatic, and consistently solution oriented, which added real value to the transaction.”
“Prompt response.”
Hufriz Wadia
“Hufriz is great at understanding requirements in detail and well versed with Indian laws and regulations. She also always provides relevant advice on a timely basis.”
“She has great experience and clarity of thought and is well aware of commercial aspects of a transaction.”
Boutique law firm Halder & Associates was founded in 2017 with a focus on corporate and M&A, and project finance and development work. The firm maintains its primary office in New Delhi.
Focusses / specialisms
The firm works across numerous industries, including energy, healthcare, real estate, manufacturing, and pharmaceuticals. The projects team has experience in advising government entities, trade associations and development institutions on project financing and development mandates.
Founded in 1993, full-service law firm Dhir & Dhir Associates has offices in New Delhi, Mumbai, Hyderabad, and Bengaluru. The firm has extended its presence in the region with a representative office in Japan. The firm is active across the financial and corporate space and is particularly known for its expertise in project development and restructuring and insolvency.
Focusses / specialisms
In projects the firm has experience in acting for clients such as contractors, government entities, and developers and has strength in the power, oil and gas and transport sectors.
The firm has been active in the restructuring space since the 80s and has assisted stakeholders including resolution professionals, creditors and debtors.
Additionally, the firm takes on banking and finance, capital markets and M&A mandates across a broad range of sectors which include banking and financial services, real estate, manufacturing, and technology and telecommunications.
Key clients
Noteworthy clients include Jindal India Thermal Power, Power Finance Corporation, India Infrastructure Finance Company, L&T Infrastructure Finance, India Infradebt, HDFC Bank and Axis Bank.
Research period review: 32nd edition (2022/2023)
The firm’s banking work was primarily active for lenders on refinancing and project financing transactions.
On the restructuring front the firm took on a variety of roles for a variety of stakeholders in high profile resolution processes. A highlight saw the firm advising Supertech Group on its insolvency proceedings.
The firm strengthened its team with the addition of two partners, Purusharth Singh and A.C. Singh.
Deal highlights: 32nd edition (2022/2023)
Power Finance Corporation $30.82 million financing
REC $13.8 million financing
Supertech Group insolvency
Founded in 2015 by Shardul Shroff, Shardul Amarchand Mangaldas & Co is one of the leading law firms and a household name in the Indian legal market. The firm maintains offices in New Delhi, Mumbai, Gurugram, Bengaluru, Ahmedabad, Kolkata, and Chennai and is one of the largest full-service firms in India.
The firm is widely recognised for its top tier work across the financial and corporate space. In banking, the firm provides advice on matters such as acquisition finance, leveraged finance, real estate finance, debt restructuring and corporate lending.
The corporate and restructuring teams are experienced in advising an array of clients including acquirers, sellers, lenders issuers and borrowers.
The projects team acts for stakeholders across a wide variety of sectors including power, oil and gas, transport, infrastructure, telecommunication and utilities.
Founded in 2000, Juris Corp is a law firm with offices in Mumbai and Delhi, active across the financial and corporate sectors. Banking and finance are its flagship practice, with expertise in regulatory compliance, M&A, and structured finance.
The firm's capital markets team specialiszes in derivatives and serves as Indian counsel for the International Swaps and Derivatives Association (ISDA). Its corporate team handles M&A and fundraising, particularly in the technology sector, while the restructuring practice is frequently engaged by bondholders.
Highlights
In a significant banking mandate, the firm advised a syndicate of 12 international banks on Shriram Finance's landmark $1.25 billion multi-currency external commercial borrowing (ECB), the largest social loan for a private Non-Banking Financial Company (NBFC) in India. The deal was highly complex due to its scale and structure as a social loan, requiring coordination across global lenders to establish a unified security package in favour of a security trustee, thereby setting a new benchmark for sustainable finance in India's NBFC sector.
In a separate high-value transaction, the firm acted as Indian counsel to a consortium of 11 banks on a $3 billion ECB facility for Reliance Industries, reported as the largest corporate loan in India since 2023.
Key clients
MUFG Bank, Standard Chartered Bank, South Indian Bank, State Bank of India, Shriram Finance, Infopark Properties, Piramal Capital & Housing Finance, National Asset Reconstruction Company
Testimonials
“Good knowledge. Solution oriented. Transaction focus” (Banking)
“JC is a class apart in understanding the regulatory environment in India, providing tailored commercial savvy advice and meeting challenging closing timelines.” (Banking)
“Better regulatory relationship, better onshore market regulation understanding, among others.” (Financial services regulatory)
Smriti Nair
“Good communicator and quick in engagement.”
Ankit Sinha
“Ankit is a sharp legal mind, always spots the right issues at inception and provides creative solutions.”
"Clear communication. Provides different options. Clearly states the risk."
Talwar Thakore & Associates (TT&A) is a law firm founded in 2007 with offices in Mumbai and New Delhi. The firm is widely recognised for its strength in banking and finance and maintains a broad corporate and financial practice.
Its core practice areas include corporate and M&A, banking & finance, capital markets, projects, infrastructure & energy, and disputes. The firm represents a diverse client base of Indian and multinational corporations, financial sponsors, banks, institutions, funds, and fintech players. TT&A has extensive sector experience across technology, pharmaceuticals, financial services, energy, infrastructure, consumer, and e-commerce.
Highlights
In a landmark capital markets mandate, the firm advised a consortium of six international investment banks as initial purchasers on the debut $800 million senior secured notes issuance by Biocon Biologics Global. This transaction represented the first US bond issuance by an Asia-Pacific biopharmaceutical company and the largest debut high-yield issuance from India in a decade.
In the equity capital markets, the firm advised JP Morgan India on a landmark secondary block trade, facilitating Pastel (a Singtel entity) in the sale of 71 million Bharti Airtel shares for $1.54 billion, one of the largest such trades of the year.
Key clients
Asian Development Bank, Asian Infrastructure Investment Bank, Barclays Bank, HSBC, JP Morgan Securities, Morgan Stanley, Goldman Sachs, AXA, PayU Group, Futures Industry Association, Carrier Global
Testimonials
“The team is not only prompt, but also practical in its approach of handling the deals. The solutions provided are a win-win for both the sides. Also, the experience of the team of handling large and complex transactions gives them a better perspective of knowing beforehand, the stands that big financial institutions would take.” (Banking)
“Very good subject matter knowledge.” (Banking)
“Always available, High partner involvement, great market knowledge and regulatory insights.” (Capital market: Equity)
“What I appreciate most about TT&A is their strong legal acumen, professionalism, and ability to provide accurate yet practical legal advice. Partner Punita Gupta is truly outstanding. She ensured that all our interests were thoroughly protected throughout the transaction.” (M&A)
“They are market savvy and commercially sound.” (Private Equity)
“It is a pleasure to work with TT&A who are such a great and hardworking team. They take care of every aspect of a transaction with the highest standard and are able to provide clear, actionable and balanced advice helping the bank navigate legal risks.” (Project finance)
Punita Gupta
"Punita has deep experience in M&A deals. She knows market practices inside out and helps in making practical decisions. Her turnaround time is excellent; when she commits, she delivers. She is very approachable and down-to-earth too making it very easy for us to reach out to her for simplest of queries."
Priyanka Kumar
"Very good subject matter knowledge."
Abhinav Kumar
"Great market knowledge and regulatory insights. Always available."
Pallavi Meena
"She has very prompt and practical in her approach and has a deep understanding of the Indian Laws and also the approach that should be taken while dealing with institutions such as The United States International Development Finance Corporation (DFC) and the Asian Development Bank. Her drafting skills are commendable."
"Provide commercially astute and balanced advice covering all possible risks and eventualities that might impact the situation. She is commercially minded, is able to think through complex situations and deliver an actionable solution and uses her practical experience having dealt with a range of clients to offer a very well-rounded advice and perspective. Pallavi posesses strong very solution-minded and is able to use her robust experience to deliver quality advice on project financing matters."
Gautam Saha
"Gautam is the Managing Partner and commercially sound, very experienced."
Pragya Sood
"Pragya helps with funding, is ready and available to help and close."
Led by managing partner Aaron Solomon, full-service firm Solomon & Co has been active since 1909. The firm has offices in Mumbai and Pune. The firm is empaneled with Bank of Baroda, HSBC, Cosmos Cooperative Bank and State Bank of India.
Focusses / specialisms
The firm is recognised for its banking and finance and M&A work across a diverse range of sectors including banking and financial services, logistics, and food and beverages.
Key clients
Key clients include HSBC, Muthoot Fincorp, and Inox Market Service.
NL LEGAL is a boutique law firm headquartered in Mumbai. The firm focuses on banking and finance and debt capital markets work and specialises in infrastructure, shipping, insurance, energy, financial services, healthcare and commodities. It has a good reputation for its banking and finance and capital markets work.
Highlights
During the research period, the firm was very active in banking and finance and debt capital markets.
In banking, the team acted as legal counsel of Punjab National Bank, Dubai Branch for regulatory aspects of the facility agreements, including on negotiations with the English law counsel on the applicability of the Reserve Bank of India (RBI) regulations for change in benchmark rate. The transaction is innovative because the team advised on the Indian law regulatory aspects of the change in benchmark from LIBOR. The RBI’s external commercial borrowing framework has several new provisions added in respect of the transition from the LIBOR to an alternative benchmark.
Key clients
Power Finance Corporation, Punjab National Bank, REC, State Bank of India, GuarantCo, Bangalore Metro Rail, Tata International, Bharat Petroleum
Testimonials
Capital markets
“Agile, professional, solution oriented and well versed with law.”
Niloufer Lam
“Professional and solution oriented.”
Mihir Shukla
“Meets timelines.”
Founded in 2003 by Divjyot Singh and Suniti Kaur, Alaya Legal is a leading boutique law firm based in Delhi. The firm’s core industry sectors include energy, infrastructure, petrochemicals and information technology.
The firm has established a strong knowledge of energy and petrochemicals. Sectors of activities include oil and gas, renewable energy, port concession agreements, sub-concessions, concessions for aviation fuel farms and downstream documentation.
The firm also has experience and expertise in financial technology, data protection and privacy, artificial intelligence and cyber security.
The firm is well known for its expertise in arbitration and is known as one of the leading arbitration law firms.
Established in 2012, Alpha Rajan & Partners is a full-service young law firm headquartered in New Delhi with additional office in Bengaluru. The firm is the result of the merger of two law firms, namely Alpha Partners and Chambers of Rajan and Indraneel.
Focusses/ specialisms
The firm specialises in advising and representing large foreign and domestic corporations with diverse business interests in India.
It assists Indian companies in fund raising (private), inorganic expansion and growth through M&A, corporate restructuring, insolvency, contract and compliance management. It helps foreign companies in setting up or doing business in India and undertaking cross-border transactions, and works with foreign law firms in advising their clients on Indian law.
Key clients
Key clients include HT Media, POPxo, Oagri Farm, New Delhi Centre for Sight, Scholar Alley, Geniemode Global and CBRE Group.
Archer & Angel is a full-service legal firm headquartered out of Delhi, India, with offices in Bangalore, Mumbai, Hyderabad and Pune.
Focusses/ specialisms
The firm is active in M&A. It advises private entities, venture capital funds and investment companies on transactions in the technology sector. It also advises its clients in IT, real estate, hospitality and manufacturing.
Clients mostly from India, the US, Europe, UK, Japan and Singapore.
Founded in 2010, Finsec Law Advisors is a financial sector law firm based in Mumbai.
Focusses/ specialisms
The firm is a leading law firm in the financial sector regulatory practice area which includes advisory, disputes and policy. The firm focuses on the securities, investments and fintech industries in particular.
Key clients
Key clients include Association of Mutual Funds of India, CRISIL, Financial Planning Standards Board (USA), ICRA Analytics, India Ratings and Research, Pabrai Investment Fund 3, WestBridge Crossover Fund, Zerodha Broking and World Gold Council.
Client feedback: 32nd edition (2022/2023)
Capital markets
“Quick, highest accuracy, inputs received from various general practices and regulators.”
Financial services regulatory
“Finsec Law Advisors is an accomplished and one of best law firms in India.”
Founded in 2015, Burgeon Law is a boutique law firm having offices in New Delhi and Singapore. The firm is aiming to expand its presence in Mumbai and Bengaluru.
Focusses/ specialisms
The firm is well known for its private equity and venture capital space.
Key clients
Key clients include Sky Gate Hospitality, Atlan, Animall Technologies, Drivetrain AI, Airblack Technologies, Healthy Life Holding, PayGlocal Technologies, LC Nueva AIF and Capitalgrid Technologies (Trica).
Established by managing partner Rupin Pawha in 2005, Juris Legal is a full-service international law firm based in New Delhi.
Focusses / specialisms
The firm is well known for its corporate M&A, project, infrastructure and energy work.
In M&A, the firm has particular expertise in the formation and acquisition of entities, licensing requirements and regulatory compliances.
In project and infrastructure, the firm is active in roads, ports, government housing, airports, power, renewable energy and social infrastructure projects.
In the energy area, the firm has special experience and expertise in the oil and gas sector.
Key clients
Key clients include Federal Ministry of Coal and Federal Ministry of Petroleum and Natural Gas.
Client feedback: 32nd edition (2022/2023)
Bank lending
“Very knowledgeable and helpful.”
Financial services regulatory
“Juris Legal are incredibly responsive and very willing to take on tasks that are not necessarily within the usual role of an external lawyer to assist us in progressing tasks with other service providers and ultimately achieve our outcomes.”
Founded in 2021, Saraf and Partners came into existence after the splitting of L&L Partners under orders of the Hon’ble Delhi High Court. The firm has offices in Delhi, Mumbai and Bengaluru. Key figures include founder and managing partner Mohit Saraf.
The firm specialises in mergers and acquisitions, banking and finance, insolvency and restructuring, capital markets, real estate, competition law, dispute resolution, projects, energy and infrastructure, and private equity.
Founded in 2018, JoyceLaw is a boutique law firm focused on startups for the Indian market. The firm has an office in Gurgaon.
The firm is specialising in corporate transactions, including equity and debt financing, acquisitions and consolidations.
It's sectors and practice areas of expertise include Fintech, E-gaming, Software as a Service (SaaS), Direct to Consumer Brands Foreign Investment Laws, Mergers and Acquisitions, corporate finance transactions, B2B Business Models and consumer internet space.
Established around 1910, Mansukhlal Hiralal & Company has offices in Mumbai and Delhi. The firm are members of International Law Firms and International Advisory Experts
Corporate, especially M&A, is the core practice of the firm. In M&A, the firm is experienced on restructuring schemes of arrangements, reconstructions and demergers, leveraged buyouts and joint venture and investment agreements.
Founded in 2008, NovoJuris Legal is an innovative new-age law firm which has a primary office in Bangalore and a side office in Mumbai. Sharda Balaji is the founder and managing partner of the firm.
The firm specialises in private equity. Sector of activities include technology, startups, accelerators, R&D, electronics, e-commerce, trading, media, entertainment, BFSI, sports, real estate and telecom.
Founded in 2018, Thinking Legal is a business-oriented, tech-enabled law firm for entrepreneurs, startups, and visionary VC funds. The firm has an office in New Delhi.
Focusses / specialisms
The firm is well known for its M&A, private equity and venture capital works.
Sector of activities include alternative investment funds, EdTech, food products, artificial intelligence, medical R&D and D2C apparel.
Key clients
Key clients include She Capital Fund, Indian Angel Network Services, Sixth Sense Fund, Zerone Microsystems, Dhruva Space, Agility Ventures Fund, Emerge Capital, Vasuki India Fund and Nomad Pizza.
Chadha & Co is a full-service law firm founded in 2002. The firm is headquartered in New Delhi and has several foreign desks.
The firm has a specialised inbound practice in advising foreign corporations doing business in India on all Indian laws and regulations that are relevant to their business. The firm also has expertise in the areas of joint ventures, technology transfer and licensing, legal due diligence, infrastructure, mergers and acquisitions, project finance, corporate finance, direct and indirect taxation, labour and employment matters, information technology and outsourcing, intellectual property, corporate governance and legal and regulatory compliances.
Highlights
The corporate team demonstrated significant activity in cross-border joint ventures during the research period, advising on several confidential transactions across multiple sectors.
Key clients
Mayekawa Mfg, Kisco, Hitachi, Tinubu Square
Active since 1985, Lakshmikumaran & Sridharan boasts a pan-Indian presence with 14 offices across the country and is also a member of TerraLex, an international legal network.
The firm is recognised for its corporate and M&A, private equity and restructuring and insolvency capabilities. Key sectors of focus include agriculture, consumer products, healthcare, e-commerce, technology, hospitality and manufacturing.
Highlights
The firm recently advised the shareholders of Oremus Corporate Services on its 100% acquisition by Fornax Corporate Services. The transaction was distinguished by its complex multi-jurisdictional structure and the integration of a critical pre-closing slump sale of a key business unit. To ensure transactional security, the firm introduced an innovative escrow mechanism for the purchase consideration while seamlessly coordinating with legal advisors across India, the US, and the UK.
Key clients
Pacific Avenue Capital Partners, Regal Rexnord Corporation, SSI Aeration, Futura Surgicare, Pinbox Inclusion, MetLife Services East, IndiaMART InterMESH
Testimonials
“Dedicated client support.” (M&A)
“Thorough research and updated knowledge, most reliable team.” (Restructuring and insolvency)
Rambhadran Raghavan
“Studies case very well and thinks on the defences and appears well prepared in court.”
Srabonee Roy
“Capable, client-focused, deal-focused and competent.”
Founded in 2000, CSM IndusLaw is well known in the Indian legal market with a diversified financial and corporate practice. The firm has offices in Bengaluru, Chennai, Delhi and NCR, Hyderabad and Mumbai. The firm is a CMS member firm since 2025.
The firm is active in banking and finance, capital markets, M&A, project development and restructuring and insolvency. The firm boasts a particularly strong private equity practice. The firm represents clients across a broad range of sectors including energy, real estate, oil and gas, transport, industrial and manufacturing, technology and telecommunications, retail, and banking and financial services.
Highlights
A key capital markets mandate saw the firm advise a consortium of six book-running lead managers, including Kotak Mahindra Capital and JP Morgan, on the landmark IPO of Vishal Mega Mart. The offering was one of the largest in India's retail sector, marking a milestone for organised retail with its pan-India network of 611 stores.
In a separate landmark transaction, the firm advised on the complex corporate restructuring of Groww, a major fintech startup, to shift its domicile from the US to India through a National Company Law Tribunal (NCLT) approved amalgamation. This "reverse flip" which involved converting the US holding company into its Indian subsidiary, was a significant milestone, establishing Groww as one of the largest startups to successfully relocate its legal base to India.
Key clients
ARCIL, HDFC Bank, Indusind Bank, Avendus Capital, Piramal Alternatives, UBS Securities, Axis Capital, Google, Nuvei, Sojitz Corporation, Esco Technologies (Asia), Multiples PE, CX Partners, Azure Power, Indian Renewable Energy and Development Agency
Testimonials
“We appreciated a very active approach by CMS IndusLaw in relation to our issue. They were not passive in their approach but checked in regularly and they provided us with helpful suggestions how to approach our matter.” (Financial services regulatory)
“Their work including advice, documentation, negotiation with major shareholders was great. We have completed selling of our shares.” (M&A)
“They always provide quick advice and show strong commitment. Further, their advice is always detailed and reasonable.” (M&A)
“Quick responses, reasonable and high-quality drafts.” (M&A)
“Knowledgeable team. Responsive at all hours of the day and night. Collaborative and pragmatic.” (Private Equity)
“Old relationship, prompt respond and expertise.” (Restructuring and insolvency)
Gaurav Dani
“Prompt responsiveness.”
Saurav Kumar
“Very friendly, easy to communicate and responsive.”
Kumar Saurav
“He is the best lawyer I met in my 30 years' business experience.”
Winnie Shekhar
“Outstanding lawyer. Very high level of attention to detail. A true advocate. Creative and solutions-oriented when negotiations or discussions get bogged down.”
Namita Viswanath
“We were quite happy with the approach of the firm, which of course includes Namita as well as other member of the team.”
Harman Walia
“His team always shows strong commitment. He, together with his team, always provide quickly reasonable and detailed advice.”
Founded in 2007, Obhan & Associates is headquartered in New Delhi. Essenese Obhan is the founding partner of the firm.
The firm is recognised for its corporate M&A and private equity work, offering advice on matters related to joint ventures, acquisitions, divestments, market entry, and regulatory compliance. Sectors of focus include hospitality, publishing, consumer products and energy.
Highlights
The firm has been actively involved in M&A work during the research period, recently acting for clients such as investors and buyers on matters including financial investment, joint venture and asset acquisition.
In a landmark mandate, the firm advised Bioxgreen on entering into a joint venture agreement with Centrisys India Holdco (Centrisys), to establish a joint venture company, to synergise Centrisys’ cutting-edge technology in waste management with Bioxgreen’s understanding of local requirements and connections within the local industry. The matter was challenging owing to the fact that Centrisys is a foreign-registered entity, and the intellectual property in the waste management technology is licensed to another Centrisys related party.
Key clients
Steer Engineering, Okinawa Autotech Internationall, Chemical Construction International Group, Flexing It Services, Homage Ventures, Spectacom Global
Chandhiok & Mahajan have offices in New Delhi, Bangalore, Hyderabad and Mumbai. The firm is recognised for its corporate and M&A and restructuring and insolvency work. Pooja Mahajan serves as managing partner of the firm.
The firm represents clients such as government entities, domestic and foreign corporates, insolvency professionals and promoter groups across a range of matters including mergers, acquisitions, joint ventures, restructurings, and insolvencies. Sectors of interest include industrials and manufacturing, technology, pharmaceuticals and energy.
Highlights
Recent examples of the firm’s deal work include advising KTC Ferro Alloys on its sale on an industrial land parcel measuring 10 acres (approx.) to Vesuvius India, an Indian listed entity. The transaction was structured in a unique manner as it involved several intricacies.
In the area of restructuring and insolvency, the firm provided comprehensive legal support services, both advisory and litigation, to the financial creditor, Asset Care Reconstruction Enterprise Limited, throughout the Corporate Insolvency Resolution Process of the debtor company, ICTL, which resulted in the approval of a resolution/ restructuring plan for ICTL. This case is significant as it is one of the few in which the nature of compulsorily convertible debenture (CCD) was examined in detail to determine whether it constitutes a ‘financial debt’ under the Indian insolvency laws.
Key clients
Phasorz Technologies, Refex Group, Sarda Energy & Minerals, Brij Financing, Pristine Logistics, TD Synnex, Indorama Group, Susquehanna International Group (SIG), KTC Korea, Radiohead Brands
Testimonials
Restructuring and insolvency
“The knowledge, dedication and expertise.”
Khaitan & Co is a full-service Indian law firm with a legacy dating back to 1911, operating from offices in Ahmedabad, Bengaluru, Chennai, Gurugram, Kolkata, New Delhi, Mumbai, Pune, and Singapore. Its practice spans key sectors, including banking, capital markets, corporate M&A, projects, and restructuring.
The firm's banking team represents lenders in refinancing, aircraft financing, and acquisition finance. In capital markets, it advises on bond and debenture issues. The corporate M&A team handles transactions for a wide range of clients, while the projects group represents developers, government entities, and contractors. The restructuring practice advises sponsors, creditors, and resolution professionals on insolvency matters.
Highlights
In a landmark move for India's energy transition, the firm is advising JSW Energy on its acquisition of the 4.7 GW renewable energy platform O2 Power, a transaction poised to be the largest in the sector and in JSW's history.
Concurrently, the firm advised Panasonic Holding Corporation and Panasonic Life Solutions India on the sale of its global automotive business to Apollo Global Management. This transaction is one of the largest private equity acquisitions in the automotive sector, marking a significant milestone in the industry's strategic realignment.
Key clients
True North Credit Opportunities Fund I, Standard Chartered Bank, Power Finance Corporation, IIFL Finance, Canara Bank, Tata Capital, Varun Beverages, Bajaj Housing Finance, Torrent Investments, B9 Beverages, Samvardhana Motherson International
Testimonials
“Professional and technically sound.” (Banking)
“Always available.” (Capital markets: Equity)
“KCO provides strong fundamental and technical support on our transactions, it has a team which is fully committed to the project, and has a commercial outlook.” (Capital markets: Equity)
“The team is very solid. We particularly work with Abhimanyu Bhattacharya, Aditya Cheriyan and Chirayu Chandani who are all very hands on and seasoned practitioners.” (Capital markets: Equity)
“Quick understanding and clarity.” (Financial services regulatory)
“Tomu Francis and his team are very knowledgeable, commercially thinking and responsive.” (Financial services regulatory)
“Experienced, responsive, and commercial solution-oriented advice from Sanchit.” (M&A)
“Responsiveness and quality of advice. Advice is also practical.” (M&A)
“Their team is available round the clock for all advisory matters, good negotiation skill and best in legal drafting.” (M&A)
“Their understanding of different laws applicable to a transaction, handling issues arising during the due diligence and drafting to ensure that the risk is mitigated and risk factors are made known to the engaging entity. Also, prioritisation of risk and defining negotiable and non-negotiable points.” (M&A)
“They are highly responsive, providing quick, proficient and efficient support where and when it is needed most. Their experience in the field of capital markets is evident from their ability to advise seamlessly and more importantly, strategically on complex issues.” (M&A)
“The team is always responsive, with easy-to-understand and practical advice.” (Private equity)
“They are prompt, the partners who were working on the transaction were innovative and quick to think outside the box and very hands on.” (Private equity)
“Well-staffed, timely delivery of deliverables. Great at collaborating internally without political issues that seem to sometimes hamper other firms. Legal advice provided is well thought-through and partners are able to apply a commercial lens as well.” (Private equity)
“Responsive. Experts on the topic. Available.” (Project development: Infrastructure)
“Khaitan's team is very responsive and with their wide offerings all nuances of a matter are looked into as a one stop shop. The team are domain experts and have the complete know how of the market as well as government ideologies.” (Project development: Telecommunications networks)
Sanchit Agarwal
“Experienced, responsive, commercial, solution-oriented, thinks fast on his feet, a great communicator with strong intra-industry relationships.”
Abhimanyu Bhattacharya
“Very hands on and experienced, commercially pragmatic and solution oriented.”
Karun Cariappa
“Provides sound advice promptly and always contactable.”
Chirayu Chandani
“Strong in client relationships and strong technical knowledge.”
Aditya Cherian
“Good understanding of the market, practical, knows the precedents and good at the law.”
Abhishek Dadoo
“Knowledge and communication.”
Tomu Francis
“Risk management, handling regulatory matters, security litigation.”
Smita Jha
“Very clear and detail oriented.”
Kartick Maheshwari
“Very good pulse on market developments and trends as well as regulatory updates. He is great at applying commercial acumen when advising on legal issues, which is appreciated.”
Kartikeya Prakash
“When we were struggling with the demat requirements, Kartikeya was critical in helping us work through those requirements.”
Ganesh Prasad
“He is sharp, articulate and an overall subject matter expert. I think having him on your side instils a lot of confidence during negotiations.”
Ashray Rao
“Best in negotiations, understands our requirements very well and delivers up to our expectations.”
Sarthak Sarin
“Responsive. Kind. Smart. Nimble.”
Shouraya Sengupta
“Shourya is good in identifying the issues, presenting it to in-house counsels, provide a perspective both from legal and practical perspective, good drafting skills and able to share his insights while working with different clients.”
Manisha Shroff
“Good personality and approachable.”
Vivek Sriram
“He is my point of contact within the firm and thinks and behaves like a lawyer from an international firm. He is extremely dedicated, personable and approachable, but above all, he is very experienced, knowledgeable and quick to come up with practical solutions.”
Harsh Walia
“Harsh is a great lawyer and has immense knowledge. Being such a senior person, he is very responsive and always accommodates our requests and matters.”
Active since 2016, Spice Route Legal specialises in M&A and private equity work with a focus on the technology sector. The firm boasts ties with international firms such as Mayer Brown, Dentons, Bird & Bird and Eversheds Sutherland. The firm has offices in Bengaluru, Pune, Mumbai and Kochi.
In addition to technology, the firm also takes on clients from media, energy, food and beverages, industrials and chemicals, and life sciences sectors.
Active since 1990, UKCA and Partners is led by managing partner Manisha Chaudhary and has offices in New Delhi, Chandigarh, and Mumbai.
Focusses / specialisms
The firm is recognised for its banking and finance and M&A work and is also active in the restructuring space. The firm’s banking experience covers an array of matters, including ship finance, project finance, regulatory compliance, and security documentation. The M&A team is particularly active for domestic clients in the real estate sector. Its key clients include Larsen & Toubro and Era Group.
Key clients
Key clients include Larsen & Toubro, Era Group, and DLF Group.
Client feedback: 31st edition (2020/2021)
M&A
"Quick response time, knowledge of company law and understanding of the factual matrix."
"They are exact, to the point and no fooling around. Have in-depth knowledge of the matters they are advising upon."
Estatblished in 2025, IC RegFin Legal Partners operates the financial services regulatory practice originally established within IC Legal in 2004. The firm is a full-service practice with offices in Mumbai, Bengaluru, GIFT City Gandhinagar, and Delhi NCR, supported by a team of over 125 lawyers. It is expanding its expertise into venture capital, private equity, M&A, structured credit, real estate, and banking & finance.
One of the oldest law firms of India, Wadia Ghandy & Co was founded in 1883 with an office in what was then Bombay. It currently holds offices at Ahmedabad, Bengaluru, Chennai, Delhi, Mumbai, Pune and Singapore.
The firm is active in banking and capital markets work.
In banking, the firm has strong experience in external commercial borrowings and has advised and acted for both offshore lenders and domestic borrowers.
In capital markets, the firm is experienced on all phases of capital markets issuances, from IPOs to rights issues to debt capital markets issuances.
International law firm Allen & Overy’s India team is made up of some 100 partners and associates. India specialists are drawn from across the firm’s international network of offices, particularly Dubai, Hong Kong, London, Singapore and New York.The firm has no office in India due to the regulations.
Focusses/ specialisms
The firm excels in foreign direct investment, M&A, banking, restructuring and insolvency, capital markets, litigation, arbitration and employment, and also the full range of business sectors, including energy, infrastructure, mining, financial institutions, private equity, insurance, telecoms, media and technology, real estate and life sciences.
Key clients
Key clients include State Bank of India, Ares SSG and BlackRock and Indian Railway Finance Corporation.
Established in 2001, full service law firm Economic Laws Practice has a strong presence in India with offices in Mumbai, New Delhi, Pune, Ahmedabad, Bangalore and Chennai.
The banking team has an extensive client base encompassing public sector and private sector banks, global banks, funds and investment houses, asset reconstruction companies as well as domestic and foreign commercial enterprises.
The corporate team takes on both buy and sell side roles.
In the projects space the firm takes on clients from sectors including construction, hospitality, mining and transport.
Founded in 2003, HSA Advocates is a full-service law firm with a pan-India presence. The firm has offices in New Delhi, Mumbai, Bengaluru and Kolkata. Key figures at the firm include founding partner Hemant Sahai.
Focusses / specialisms
The firm’s banking team has a focus on the energy and infrastructure sector and often represents international commercial banks and multilaterals in India.
The corporate team’s experience covers a range of matters such as joint ventures, M&As, buyouts, capital reductions and asset transfers.
The firm’s well-known projects team has expertise assisting stakeholders on matters throughout a project’s life cycle in sectors such as transport, infrastructure, oil and gas, and conventional and renewable energy.
Key clients
Key clients include Rural Electrification Company, Mytrah Vayu (Sabarmati), Power Finance Corporation, Kotak Mahindra Bank, Bank of Baroda, Axis Bank and L&T Infrastructure.
Founded in 2013, Jerome Merchant + Partners is a boutique full-service law firm headquartered in Mumbai, with a presence in New Delhi and London.
The firm is active in the financial and corporate space.
In banking, the firm often advises banks and non-banking financial institutions in India on corporate financing and structured transactions. The firm also has a focus on aviation finance.
In the corporate and M&A space, the firm has experience advising private equity investors and target companies at all stages of the investment cycle and businesses.
In capital markets, the firm is known for its expertise in the debt space.
Founded in 1991, J Sagar Associates is one of the foremost law firms in India with offices in Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai and New Delhi. Key figures at the firm include joint managing partner Amit Kapur and Vivek Chandy.
The firm is known for its strong banking and finance and project development work. The firm’s flagship banking practice is experienced in an array of domestic and cross-border financing transactions. The firm has extensive expertise in project finance and alsoand advises on trade finance, real estate finance, and leveraged finance. In the projects front, the firm focuses on energy, oil and gas, transport, infrastructure, utilities and telecommunications.
Highlights
In a landmark banking mandate, the firm advised the State Bank of India (SBI) on its $600 million bond issuance under its $10 billion Medium-Term Note (MTN) programme and facilitated its listing on the India International Exchange at GIFT City. The deal was significant as the first offshore bond issuance from India in 2024, executed amid ongoing global market volatility.
In a record-breaking equity capital markets transaction, the firm advised the lead managers on the IPO of Waaree Energies, which attracted 97.34 lakh applications (9.7 million), the highest in India's primary market history. The transaction involved navigating complex Securities and Exchange Board of India (SEBI) exemptions due to subsidiary insolvency proceedings and specific sector regulations.
Key clients
Goldman Sachs, Standard Chartered Bank, NTPC Green Energy, National Highways Infra Trust, Waaree Energies, EQT, Coforge, Sumitomo, Alpha Wave Global, Oil and Natural Gas Corporation, ONGC Green
Testimonials
“Excellent work.” (Banking)
“Good subject knowledge, quick work, great understanding and partnership.” (Banking)
“They are proactive and pragmatic team.” (Capital markets: Equity)
“Industry knowledge and pragmatic approach to regulatory compliance.” (M&A)
“Practical solutions, responsiveness, easy to understand and user-friendly.” (M&A)
“JSA real estate team lead by an efficient partner with in-depth knowledge of real estate matters and statutory aspects related to the domain. They are thorough with their scrutiny and offer prompt services.” (Real estate)
“Professional team which is prompt in executing the task to ensure securing desired outcome.” (Restructuring and insolvency)
“Responsive to client interests and commercial considerations, market expertise and very professional and easy to work with providing immense value.” (Restructuring and insolvency)
Divyam Agarwal
“He is a role model to all the young lawyers who wants to taste success in the legal profession.”
Vivek Chandy
“Good knowledge in the subject matter and communicates well.”
“Knowledge of the subject is very good.”
Uttara Kolhatkar
“Excellent advice and service.”
Pratish Kumar
"Very patient listener, has in-depth knowledge, gives practical and viable solutions. Response time is very good.”
Rupinder Malik
“Leadership and organisation of team, responsiveness when needed, delegates well, and works efficiently.”
Arka Mookerjee
“He's a thorough, pragmatic and accessible lawyer. He's an extremely good person to work with.”
Brijita Prakash
“She grasps the client’s requirements and comes out with instant solutions. Her understanding of the legal challenges faced by real estate developers is sound.”
Varghese Thomas
“Excellent communicator based on extensive experience across many fields provides commercially relevant and useful advice. Very calming demeanour.”
Tony Verghese
“Provides solid pragmatic and risk-based advice.”
Local law firm Samvad Partners was founded in 2006 and has offices in Bengaluru, Chennai, Hyderabad, Mumbai and New Delhi.
The firm has a well-established banking and finance practice and also takes on corporate and M&A and restructuring work.
Sectors of activity include pharmaceuticals, energy, transport, oil and gas, and logistics.
Founded in 2001, DSK Legal has offices in Mumbai, Delhi, Bengaluru, Pune and Hyderabad. The firm has grown rapidly on the strength of its expertise, to a multi-disciplinary team with more than 250 lawyers, including 53 partners.
The banking team acts for both borrowers and lenders across the spectrum of banking and finance matters.
In projects, DSK Legal regularly acts for government bodies, concessionaires and contractors in a wide array of matters including tenders, bids, consortium arrangements, EPC contracts and concessions and regulatory matters. The firm has a close relationship with the government and acts for government bodies on the majority of its deals.
In restructuring work, the firm advises applicants, debtors and resolution professionals across a variety of sectors.
Established in 2010, Hitesh Sanghvi Law Offices is a boutique law firm active in the financial and corporate space. The firm maintains an office in Mumbai and is led by name partner Hitesh Sanghvi.
The firm is recognised for its banking and finance practices. It is experienced in advising lenders and borrowers on regulatory and financing matters.
Founded in 2018, KKL Partners is a New Delhi-headquartered full-service law firm. Key figures include founding partner Aashish Vats.
Focusses / specialisms
The firm is active in the financial and corporate space and often acts on matters in the real estate sector.
Key clients
Key clients include Jalan Kalrock Consortium, Cargo Motors, Sara International, Agio Image, Quantum Investments, Ultra International, Paras Buildtech Group, India Sotheby’s International Realty and Karam Safety Group.
Client feedback: 32nd edition (2022/2023)
Banking and finance
“Amazing understanding of our requirements. Provided counsel and drafting of the documentation.”
M&A
“Very professional and well read. They have been advising us on all aspects of M&A, corporate advisory, litigation, etc. We run every legal decision we take by them before implementing, as we trust their sound, professional advice very much.”
Full-service local law firm Lex Favios has been active since 2014 and has offices in New Delhi and Mumbai. Sumes Dewan serves as managing partner of the firm.
Focusses / specialisms
Lex Favios is ranked for its work in banking, capital markets and M&A.
The firm is active in sectors including power, banking and financial services, hospitality, and oil and gas.
Key clients
Key clients include Imagine Marketing, Novezo Consulting, Ummeed Housing Finance, Kline Technical Consulting, KTC Fortress and Trina Solar Third.
