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2026 Edition

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. 

Founded in 2011, local law firm Acuity Law has offices in Mumbai, Delhi and Bengaluru alongside a Japan desk. 

  

Focusses / specialisms  

Acuity Law has in-depth experience and expertise in rendering legal, tax and regulatory advice in the Japan-India business corridor. It has notably acted for Japanese clients and is experienced in the automotive, real estate, logistics, banking, aviation and technology sectors. 

 

Key clients 

Key clients include Nippon Steel, Kawasaki-Rikuso Transportation, Daiko Advertising, Technico Industries, Shinsei Bank, Venktesh Investment and Trading Company, SBS Holdings and NPL Bluesky Automotive. 

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.”

Established in 1978 as primarily a litigation practice by Avnish Ahlawat, Ahlawat & Associates gradually expanded its field of services and expertise and now is a full-service law firm in India.  

The firm has been recognized for its expertise in addressing an array of legal issues especially those relating to foreign direct investment, joint ventures, corporate compliance & governance as well as advisory support to the booming startup ecosystem, in both the domestic and international space, including setting up a business in India. 

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.

Founded in 2019, Algo Legal is headquartered in Bengaluru and is led by founding and managing partner Sandeep Kapoor.

 

Focusses / specialisms 

The firm has a particular focus on the technology sector and advises on a range of matters including, private equity and venture capital, mergers and acquisitions, joint ventures, and fund formation.

 

Key clients  

Notable clients include Sequoia Capital, Insignia, Unilever, Ribbit, Gojek, Berkshire Hathaway, and SteadView Capital Management.

Founded in 2014, Ally Juridique Aide is headquartered in Gurgaon.

 

Focusses / specialisms 

The firm is recognized for its banking work.

Founded in 2000, ALMT Legal has a team of 20 partners across its offices in Mumbai and Bengaluru.

While ALMT Legal is best recognised for its project development work, the firm also has strong M&A and private equity practices.

The banking team specialises in regulatory compliance-related work and also advises on matters such as debt restructuring and refinancing. 

The corporate team is experienced in the technology, retail, real estate and social infrastructure sectors. On the private equity side, the firm often acts for private equity houses, banks and non-banking financial institutions.

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. 

Founded in 2019, AP & Partners is a New Delhi-based law firm with seven partners, including senior partner Anand Prasad and managing partner Moksha Bhat. The firm is recognised for its work in corporate and M&A, private equity, and restructuring and insolvency, with a particular focus on the technology sector. 

 

Highlights  

Recent examples of the firm’s deal work include advising Info Edge, a significant shareholder, following the acquisition of a controlling 52% stake in Greytip Software by Apax Partners. This transaction was a key deal in the HR-tech space, reflecting the growing trend of private equity investment in the sector. 

In another key mandate, the firm advised Ashiana Housing on securing IFC debt financing through a listed Non-Convertible Debentures (NCD) issuance for an affordable housing project. This transaction was complex due to its structure, a venture-style investment into a publicly listed company, which required navigating stringent compliance and governance requirements. 

 

Key clients  

Tesla, Amp Solar, Info Edge, Starlink India, Toddle, Ashiana Housing, Avendus Capital, Vensure Employer Solutions, InterGlobe Enterprises, SitusAMC, Zomato 

 

Testimonials    

The firm has deep understanding of renewable energy and infrastructure law, combined with their practical approach to structuring complex joint ventures and agreements. Their team is highly responsive, detail-oriented, and proactive in identifying regulatory issues before they become challenges. Their ability to balance international best practices with Indian legal frameworks, which has been crucial in advancing our green ammonia projects and negotiations with global partners.” (Project development: Energy and infrastructure) 

Romit Dey 

Romit Dey is exceptionally skilled at simplifying complex legal and regulatory matters and presenting them in a clear, actionable way. He is thorough in his drafting and negotiations, ensuring that our interests are well protected while still keeping agreements commercially practical. What stands out is his proactive communication, attention to detail, and ability to anticipate potential issues in joint ventures and project contracts before they arise. 

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. 

Argus Partners merged with Udwadia & Udeshi to form Udwadia Udeshi & Argus Partners in 2012, which was renamed to Argus Partners in 2015. The firm boasts a pan-Indian presence with offices in Bengaluru, Delhi, Kolkata and Mumbai.

In banking, the firm’s clients include nationalised and international banks, financial institutions, non-banking financial institutions, debt funds and corporate houses. Although the firm typically acts for lenders and investors, it also has experience in advising borrowers. 

The corporate team is experienced in sectors including banking and financial services and industrials and manufacturing. 

The private equity team is experienced in advising clients on venture capital and private equity investments.

Boutique law firm Assentio Legal has offices in Chennai and Bengaluru and is helmed by founding partner Thriyambak Kannan.

 

Focusses / specialisms

The firm is noted for its corporate and M&A and private equity work. The firm’s experience includes advising on joint ventures, inbound and outbound investments, restructuring and regulatory compliance.

 

Key clients

Recent clients include Gambit Sports, Kcap, Rhapsody Music Education, The India Cements and Marriott International.

 

Research period review: 30th edition (2019/2020)

Recent highlights include advising Marriott International on forming a partnership with Prestige Group and advising a real estate developer on a high-value joint venture.

 

Deal highlights: 30th edition (2019/2020)

Nostragamus series A financing

Rhapsody Music Education seed investment

The India Cements $26 million acquisition of Springway Mining

Waycool Foods $35 million series C financing

 

Client feedback: 30th edition (2019/2020)

Restructuring and insolvency

“Speed, swift advice and turnaround times.”

“Teamwork and professional approach.”

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 partnersThe 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 dealone of India's most significant media sector transactions, reaching over 750 million viewersinvolved 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 AdvisorsIIFL Capital ServicesCanara BankICICI BankStandard Chartered BankBlackRockVisaIndian Institute of TechnologyVarde Partners AsiaEverstone CapitalOaktree 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 expertiseresponsiveness and ability to engage constructively with our team at Ashitiva Advocatesensuring 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.” 

Founded in 1987, local law firm Bathiya Legal has a pan-India presence with offices in Mumbai, New Delhi, Hyderabad, Bengaluru, and Ahmedabad.

 

Focusses / specialisms 

The firm is recognised for its corporate and M&A practice and has experience in a range of sectors, including real estate, technology, manufacturing, hospitality, logistics, and healthcare.

 

Key clients  

Notable clients include Prabhat Dairy, Sun Pharmaceutical Industries, One Asia Networks, Decathlon Sports India, Sunways, and India Steel Works.

Begur & Partners (formerly ARA LAW) was founded in 1996 and maintains offices in Mumbai and Bengaluru. Key figures include Rajesh Begur, who leads the firm as managing partner.

 

Focusses / specialisms

The firm is best known for its corporate and M&A and private equity practices. Sectors of activity include aviation, retail, real estate and financial services. 

 

Key clients

Notable clients include Sequoia Capital, Semac Consultants India, Metro Cash & Carry India, Revathi Equipment, Roto Pumps, National Buildings Construction, and Karnataka State Industrial Development.

 

Research period review: 33rd edition (2022/2023)   

During the research period, the firm was active in the M&A and private equity areas. 

In M&A, the firm was active in strategic deals on both the buy and sell sides. The deals were in the education and technology, software and coding and manufacturing sectors. 

In the private equity area, the team acted for investors in fundraising. 

The firm welcomed partner Joy Jacob, Poonam Das and Nishi Shabana.

 

Deal highlights: 33rd edition (2022/2023)   

Brahma Advisors’ acquisition of Wavestone India. 

Gulati Steel Fab’s acquisition of 100% shareholding of Northern Tools & Gauges.

 

Client feedback: 33rd edition (2022/2023)    

Banking and finance

“Always available, well prepared and they move really fast.”

 

Rajesh Begur

“He stays calm and closes the loop.” 
 

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. 
 

Boutique law firm Bombay Law Chambers is active in the financial and corporate space and has offices in Mumbai, Bangalore and New Delhi.

The firm is strongest in corporate and M&A and is also active in the banking and finance and private equity areas.  Sectors of experience include real estate, financial services, technology and healthcare.

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). 

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

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.” 

Clarence & Partners is a new-generation, Bengaluru-based law firm established in 2024 under the leadership of its founder, Clarence Anthony. The firm distinguishes itself through its pioneering AI-native operational framework, which integrates advanced technology directly into its legal service delivery and workflow management. The firm offers expertise across key transactional areas including M&A, private equity, venture capital and structured finance. Clarence Anthony served as the founder of the firm. 

 

Highlights  

The firm recently demonstrated its capabilities in handling innovative, cross-border, and early-stage transactions. It advised on the pioneering acquisition of India’s Trica Equity by UK sharetech leader Vestd—a complex deal that navigated multi-jurisdictional FDI and data regulations to facilitate strategic market entry and set a significant fintech precedent. 

In the venture capital space, the firm represented Visceral (LV Angel Fund) in a $15 million seed investment in AI startup Mythik, which involved high-profile co-investors. This transaction required structuring sophisticated IP and data protections under evolving privacy laws, establishing a robust model for future early-stage tech investments. 

 

Key clients  

LV Angel Fund, Myriadai Technologies, Sparkassen International Development Trust GmbH (SIDT), Trica Capital, Visceral (LV Angel Fund) 

Full-service law firm Clasis Law was founded in 2010 and has offices in Mumbai and New Delhi. Vineet Aneja serves as managing partner of the firm. 

  

Focusses / specialisms  

The firm’s core strength lies in its corporate and M&A practice. 

The firm has a focus advising international and domestic clients operating in the retail, manufacturing, services and hospitality sectors. 

 

Client feedback: 32nd edition (2022/2023) 

M&A 

“Timely advice, complete work.” 

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 (NCLTapproved amalgamation. This "reverse flip" which involved converting the US holding company into its Indian subsidiarywas a significant milestone, establishing Groww as one of the largest startups to successfully relocate its legal base to India. 

 

Key clients  

ARCILHDFC BankIndusind BankAvendus Capital, Piramal Alternatives, UBS Securities, Axis Capital, Google, Nuvei, Sojitz Corporation, Esco Technologies (Asia), Multiples PE, CX Partners, Azure PowerIndian 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 1830, Crawford Bayley & Co is one of India's oldest law firms. The firm's partners and senior lawyers possess extensive decades of experience advising leading Indian and multinational corporations. The firm is regularly engaged by major corporate houses on complex matters across multiple practice areas, including company law, securities regulations, taxation, dispute resolution, labour law, foreign exchange, and pharmaceutical law. 

Founded in 2015, Cyril Amarchand Mangaldas is a preeminent law firm in the Indian legal market. With a team of over 1,000 lawyers, the firm operates from six pan-India offices including a key location in IFSC GIFT City and maintains international offices in Singapore and Abu Dhabi.

The firm advises a broad client base, including domestic and international corporations, financial institutions, private equity and venture capital funds, start-ups, and government bodies. Its strength lies in deploying an integrated team of generalists, specialists, and former senior regulators to provide comprehensive guidance across the most complex transactions and regulatory landscapes. 

 

Highlights  

In a landmark capital markets mandate, the firm advised the underwriters on the IPO of Sagility India. The transaction was notable for its complexities, which included navigating Securities and Exchange Board of India (SEBI) queries regarding the company’s limited track record due to recent restructuring and addressing compliance matters concerning director independence. Notably, it was one of the first IPOs to voluntarily create a detailed audio-visual presentation for investors, setting a new benchmark in public offer communication and requiring extensive coordination with regulators and lead managers. 

In a separate, significant transaction for the energy sector, the firm advised Green Growth Equity Fund (GGEF) on its exit from Ayana Renewable Power, one of India's leading renewable energy platforms. The sale of a 100% stake to a joint venture of ONGC and NTPC represents one of the largest-ever acquisitions in India's renewable energy sector.  

 

Key clients  

State Bank of India, Adani Group, Jio Financial Services, Amazon, Abu Dhabi Investment Authority, Bain CapitalCG Power and Industrial SolutionsSumitomo Mitsui Banking CorporationSustainable Energy Infra Trust 

 

Testimonials    

“Proactive natureSolution oriented approachSubject matter expertise. (M&A) 

“The team has great insights on the industry, innovative solutions to problems.” (M&A) 

They are up to date on the subject, has wide cross sector knowledge and experience, has the right contacts and network to get to know the practical aspects and workability of their suggestions.” (Restructuring and insolvency) 

Aditi Misra 

Detail-oriented and extremely reliable.” 

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. 
 
 

Established in 1999, Dentons Link Legal is a full service corporate and commercial law firm with over 40 partners and 150 lawyers across multiple practice areas. With offices across all major Indian cities and access to more than 160 offices in more than 80 countries of Dentons’ combination firms across the world.

 

Focusses / specialisms    

The firm boasts a well-diversified financial and corporate offering.

In banking, the firm advises clients such as banks, financial institutions, and public and private companies on domestic and international transactions across various industries.

The firm’s capital markets team often represents book-running lead managers in equity deals.

The firm has established itself as a strong restructuring player and advises clients such as resolution professionals and operational creditors.

In projects work, key sectors of focus include infrastructure, transport, energy, utilities and automotive. The firm has a specialised Japanese desk focused on advising Japanese infrastructure companies operating in India or looking to enter India.

 

Key clients

Notable clients include NaBFID, Reserve Bank of India, State Bank of India, Union Bank of India, Axis Bank, Bank of India, HDFC Bank, ICICI Securities, SBI Capital Markets, IIFL Securities, Twin Technology and VinZero.

 

Research period review: 33rd edition (2022/2023)   

The banking team mainly acted for lenders on loan facility and debentures issues during the research period, and impressed with a role for lenders/subscribers of some big-name banks, investors and institutions providing term loan facilities.  

The capital markets team was particularly active in the equity capital market advising on IPOs.

The corporate team was active in acquisitions for both the buy and sell sides. The firm covered clients from different sectors including manufacturing and consulting.

The firm was also active in project development, especially in infrastructure and energy.

A significant restructuring and insolvency mandate saw the firm advise one of the few cases of the sale of a company in liquidation, as a going concern, under the Insolvency and Bankruptcy Code.

Associate partner Jimit Shah from the capital markets team departed the firm.

The M&A team welcomed partner Sayantani Dutta and while partner Gaurav Priyadarshi and Jinni Sinha departed the firm.

 

Deal highlights: 33rd edition (2022/2023)   

Dholera Airport in the state of Gujarat.

Ethos’ IPO.

Fedbank Financial Services’ IPO.

Ramayapatnam Port Development Corporation’s loan facilities.

Volex’s acquisition of inYantra.

 

Client feedback: 33rd edition (2022/2023)   

M&A

“Proactive and client-focused.”

 

Anand Srivastava

“Client focus, patience and dedication to client service.”

Founded in 1930, Desai & Diwanji is a full-service law firm with offices in Mumbai, Gurugram, Indore, New Delhi and Pune.  

The firm focuses on core areas of commercial and finance activity which included corporate and M&A, capital markets, banking, finance, insurance, project finance, energy, natural resources and infrastructure, aviation, admiralty and maritime, technology, media and telecommunications, life sciences and pharmaceuticals, real estate and construction, litigation and dispute resolution, employment, employment benefits and executive compensation.

Founded in 2013 in Mumbai, full-service law firm Dhaval Vussonji & Associates has a team of more than 60 lawyers in Mumbai with offices in Bengaluru and Delhi.   

The firm has rich experience in advising banks, non-bank financial companies and borrowers in concluding transactions involving term lending, consortium working capital lending, and pre-shipment and post-shipment facilities, among othersIt also regularly advises domestic and cross-border financing transactions in the real estate, aviation, education and shipping sectors in India, China, Singapore and Africa. 

 

Highlights  

In real estate, the firm acted as the lead transaction counsel in a pivotal real estate financing deal, securing last mile funding for the “Vanu Heights” project in Mumbai, through the issuance of Non-Convertible Debentures to SWAMIH Investment Fund I. This transaction highlights the firm’s expertise in complex real estate and corporate finance law and also underscores its ability to effectively coordinate and negotiate between multiple stakeholders under demanding conditions. 

The firm was also active in restructuring and insolvency, acting for creditors, debtors, and administrators 

 

Key clients  

Suvasya Builders and Developers, Honest Shelters, Macrotech Developers (Lodha Group), SWAMIH Investment Fund I, Piramal Enterprises, Aditya Birla Real Credit Opportunities Fund, Indiabulls Infrastate 

 

Testimonials    

Manisha Paranjape 

“She has an eye for detail and understands the business very well to identify key risks, segregate the same into acceptable and unacceptable risks and helps resolve the problems with relevant provisions of law/ case studies/ legal precedents.” 

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 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.

Founded in 1986, Dua Associates is a full-service law firm with a pan-India presence and offices in Delhi, Bengaluru, Chennai, and MumbaiIt 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 FinanceShellAltico CapitalFedEx Trade Networks Transport & BrokerageSammaan CapitalSBI VenturesAssets Care & Reconstruction Enterprise 

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.

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.

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 1896 by John Kerr Fox and Gokul Chandra Mandal, Fox & Mandal (F&M) is one of India’s oldest full-service law firms. The firm has offices in Kolkata and New Delhi and led by managing partner Debanjan Mandal and joint managing partner Kunal Vajani. 

The firm has expertise in diverse practice areas, including real estate, private equity, banking and finance, constitutional law, consultancy services, insolvency & bankruptcy, government advisory, and projects and infrastructure. 

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 mobilityestablishing 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 BankUCO BankESR Group, Heat & Control Group, Vena Energy Vidyuth, ReNew Power VenturesAkara Research and TechnologiesTamilnadu Water InvestmentPiramal EnterprisesISR 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 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 2015, the local law firm Gravitas Legal has two offices in New Delhi and maintains an office in Mumbai. The firm sits on the panels of several financial institutions, including HDFC Bank, State Bank of India and L&T Infra Finance.

The firm is recognised for its banking, M&A and restructuring and insolvency practices. 

In addition to regular bilateral and multilateral financing transactions, the firm has been involved in novel and atypical transactions around the 5\25 flexible structuring scheme, takeout finance, refinance, S4A, OSDR and SDR.

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 2001, Hammurabi & Solomon Partners has offices in New Delhi, Mumbai, Bengaluru, Gurugram, Patna and Ranch. 

The firm focuses on M&A, restructuring and insolvency and project development practices. 

The firm advises defaulting companies, lenders and investors at all levels of the capital structure as well as corporates/directors, defaulting companies, banks, insolvency officeholders/trustees and government institutions.

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 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. 

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.

Established in 2003, full-service law firm India Law Offices is led by founding and managing partner Gautam Khurana. The firm advises on matters across the country with offices in cities including New Delhi, Mumbai, Chennai, Bangalore, Hyderabad, and Goa. The firm is also associated with Warwick Legal Network, XLNC, IR Global, and PraeLegal.

 

Focusses / specialisms

The firm is recognized for its corporate and M&A capabilities. It also covers capital markets, joint ventures, private equity, restructuring, and insolvency across sectors including healthcare, construction, and infrastructure, automobile, power and energy, oil and gas, defence, real estate, IT, agriculture and FMCG.

 

Key clients

Key clients of the firm include Pidilite Industries, Broekman Logistics India, and COSCO Shipping.

 

Research period review: 32nd edition (2022/2023)

During the research cycle, the firm was active in banking and finance and corporate M&A activities.

The finance team was preoccupied with financing transactions and related mandates and acted for both lenders and borrowers in the logistics and construction sectors.

In the M&A area, the team was involved in private acquisition and share buyback activities advised acquirers and shareholders.

 

Deal highlights: 32nd edition (2022/2023) 

Broekman Logistics India’s fund raising from Dutch bank

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 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.

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 GlobalOil and Natural Gas CorporationONGC 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.” 

Founded in 2020, Juris Arena is a boutique firm based in Bengaluru, India. Key figures include partner Soumitra Banerjee. 

Specializing in corporate lawthe firm's practice areas include infrastructure, real estate, fund set-up, media and telecom, mergers and acquisitions, data privacy and technology, corporate governance and microfinance. 

Crawford Bayley & Co
7 practice areas
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Crawford Bayley & Co. is one of India’s oldest and best known law firms, with rich & well endowed experience in several practice areas. The Partners and several of the Assistants have decades of extensive legal expertise and have been advising various leading Indian and foreign companies on a vast variety of matters.The firm is consistently engaged by India’s biggest corporate houses as well as major multinational corporations on several complex matters, requiring advice on company laws, securities laws, revenue / taxation laws, dispute resolution, labour laws, foreign exchange laws, pharmaceutical laws to name a few. We are also actively involved in representing our clients on a multitude of matters before various Indian courts, tribunals, forums & regulatory authorities.

Khaitan & Co
18 practice areas
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Khaitan & Co, founded in 1911 by the late Debi Prasad Khaitan, a member of India's Constituent Assembly, is one of the country’s largest and oldest full-service law firms. Built on principles of integrity, simplicity, dedication, and professionalism, the firm operates seven offices across India in Kolkata, New Delhi, Bengaluru, Mumbai, Chennai, Pune, and Ahmedabad, with its first overseas office in Singapore, opened in 2021. Khaitan & Co has grown to over 1,000 fee earners, including more than 200 partners and counsel, attracting and retaining some of the best legal talent in India and beyond.

Luthra and Luthra Law Offices India
17 practice areas
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Luthra and Luthra Law Offices India is a pioneer in commercial legal advice, which is based on its deep understanding of clients’ businesses across diverse sectors and jurisdictions. The Firm is known today for its adeptness to identify and mitigate risks for its clients by providing top-notch legal solutions. Our 55 partners and over 300 members, spread across New Delhi, Mumbai, Bengaluru, Hyderabad, and Chennai, work closely together with our clients to find a solution to legal challenges and help them succeed.

Late Rajiv K. Luthra, the Firm’s Founder and former Managing Partner took the Firm, from being a single person Firm to now being recognized as one of India’s pre-eminent top-tier corporate law firms.

Harry Chawla, Managing Partner of the Firm, along with the Management Committee, are dedicated to advancing the legacy of the Firm. Working together, they drive positive changes and ensure Firm’s continued success.

Singhania & Partners
15 practice areas
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Singhania & Partners is one of the leading ranked law firms of India with offices in New Delhi, Bengaluru and Hyderabad. The firm provides legal services in Corporate and Commercial, Dispute Resolution (Litigation & Arbitration), Employment & Labor laws, Infrastructure, Intellectual Property and Project Finance.

Singhania & Partners was established in 1999 by Mr. Ravi Singhania who is the youngest lawyer to be felicitated with the “National Law Day Award” for Corporate Laws (2006) by Prime Minister Dr. Manmohan Singh. Ravi is a board member in CRISIL Ltd. and Indian subsidiaries of numerous Fortune 500 companies such as McGraw-Hill, AOL, American Bureau of Shipping, National Instruments etc. He is a governing board member of Indian Council of Arbitration and Terralex, Inc. (USA), which is a global network of more than 158 top law firms and more than 17,000 attorneys in nearly 100 countries.

The firm consistently adopts the highest professional standards and is identified as a highly acclaimed law firm by Chambers and Partners, Legal 500 and Asialaw in different practice areas.

TT&A
13 practice areas
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TT&A is a law firm located in Mumbai and Delhi. Founded in 2007 the firm has earned a reputation for providing balanced, nuanced and pragmatic advice to their clients in unique and challenging matters. They are recognised for delivering original solutions and executing complex matters across practice areas. Their senior lawyers have experience of working in multiple jurisdictions and bring global experience and knowledge.

Our key practice areas are corporate and M&A, banking & finance, capital markets (ECM + DCM), projects, infrastructure & energy, disputes, regulatory and competition law. Our clients comprise of Indian corporates, multinationals, financial sponsors, private equity and venture capital funds, banks, financial institutions, multilateral and development financial institutions, fintech players. Our experience spans across broad range of sectors including TMT, pharmaceutical, FIG, insurance, energy, infrastructure, consumer, and e-commerce.

Chadha & Co
5 practice areas
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Chadha & Co. is a full-service corporate and commercial law firm with a specialised practice in advising foreign companies on their Indian legal and regulatory issues across industries and areas of law. From its offices in New Delhi, leveraging a nationwide network of trusted professionals, the firm serves client needs across India.  The firm has several foreign desks staffed by Japanese, Chinese and French staff. The firm is reputed for its high quality, prompt, proactive and cost-effective services, and the ability of its lawyers to think out-of-the-box, problem solve, and craft practical and effective solutions to complex issues. 

Dhaval Vussonji & Associates
11 practice areas
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Dhaval Vussonji & Associates (DVA) is a full-service law firm offering end-to-end legal solutions across Banking & Finance, Real Estate, Funds, Corporate Commercial, Dispute Resolution, and GIFT City advisory. With deep sector expertise and a commercially aligned approach, the firm advises leading financial institutions, funds, corporates, and government-linked entities from its offices across Mumbai, GIFT City and Pune. DVA is known for its practical problem-solving, strong execution capabilities, and commitment to high-quality legal support. The firm continues to be a trusted partner for complex, high-value transactions and regulatory mandates.

Legacy Law Offices
8 practice areas
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Legacy Law Offices LLP is a professionally managed full-service Indian law firm with a global outlook. Having been established in the year 2006 by its Founder Partner Mr. Raman Anand, the law firm initially started its operations from a single office at Chandigarh and gradually expanded by establishing state-of-the-art offices across India, under the leadership of the Managing Partner, Mr. Gagan Anand.

In over 19 years since its establishment, Legacy Law Offices LLP has emerged to be a top-tier Law Firm with well-equipped offices in New Delhi, Chandigarh, Panchkula, Solan, Kurukshetra, and Mohali in India as well as other representative offices in the Kingdom of Saudi Arabia, France, and Kenya. The Law Firm has a network of associate offices in Shimla, Lucknow, Bhubaneswar, Kolkata, Dehradun, Nainital, Jaipur, Indore and Jabalpur in India alongwith a project presence across the globe in countries like Bangladesh, Ghana, Kenya, Tanzania, Yemen, the USA, and the UK.

Dua Associates
7 practice areas
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Established more than 35 years ago, Dua Associates has honed its strengths and reputation as a leading full-service law firm. The firm is widely recognized for its depth of experienced legal talent and knowledge of 250 legal professionals, including 70 partners and counsels. The practice areas are fully orientated to give clients
seamless access to holistic advice and strategies in sectors as diverse as manufacturing, real estate, infrastructure, banking, project finance, telecom, data privacy and cyber security, as well as defence and aerospace, among others. The Firm’s expertise in complex transactions involving M&A, foreign direct investment, private equity, venture capital, infrastructure projects, project financing, banking and corporate deals as well as regulatory and tax structuring issues is widely recognized. Dua Associates’ litigation and arbitration/ alternative dispute resolution practice represents companies involved in business-critical lawsuits including IPR, taxation, white collar with focus on helping clients’ businesses succeed. The real estate and urban development practice of the firm is credited with significantly large deals and has been consistently ranked. Additionally, several partners of the firm continue to be individually ranked and awarded for stellar contributions in their respective practices.

Fox Mandal & Associates
16 practice areas
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Fox Mandal & Associates traces its origin to Fox & Mandal, established in 1896 in erstwhile Calcutta, making it one of the oldest full-service law firms in India. With pan-India presence and more than 250 professionals, Fox Mandal & Associates has the privilege of catering to a wide range of legal requirements of a diverse clientele.

The firm consistently enables clients to successfully navigate through the maze of complex and rapidly changing law in a world that is being continually transformed by globalisation, technology, and a blurring of conventional boundaries. Fox Mandal has been carrying a legacy of quality and integrity through the years by offering a comprehensive range of legal services pertaining to the following practice areas

King Stubb & Kasiva
4 practice areas
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India
PLR Chambers
1 practice area
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PLR Chambers is based out of New Delhi, India. The Firm’s name (POLICY, LAW and REGULATION) underpins our unique approach to providing legal advisory services - Policy defines the framework within which governments and/or private parties understand any activity; Law represents the applicable statutory framework within the policy context; and Regulation reflects the actual application of law and policy by statutory/judicial/quasi-judicial authorities. The Firm applies these filters to any legal analysis for client-driven outcomes.

Recognizing that a pigeon-holed approach undermines business and institutional cohesion in a dynamic environment, we believe that legal advice should be precise, actionable, and relevant. At PLR Chambers we pride ourselves in providing practical advice, analyzing the policy, legal and regulatory implications, allowing clients to better understand and balance their priorities. Our focus is business life-cycle advisory services.

Results and long-term value for the client is what matters to us. Combining unique public, private and non-profit experience and deep global relationships allows PLR Chambers to deliver results and create value. We bring a unique approach to every client-scenario, and tailor effective and sustainable solutions that respond to our clients’ needs.

JSA Advocates & Solicitors
19 practice areas
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Founded in 1991, JSA Advocates and Solicitors is one of India’s leading full-service national law firms with over 600 legal professionals spread across its seven locations in the country – Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai and New Delhi. As the go-to firm for the new transformative and digital Indian economy, JSA is regularly involved in many of the first-to-market and complex transactions and plays an integral role in advocacy and policy matters impacting various industries. JSA has built a reputation for its client-centric approach, quality of service, domain knowledge and insights across sectors and for delivering innovative solutions to complex legal and commercial issues for the benefit of clients. Consequently, JSA has consistently been recognised as a top-tier firm for its capabilities and expertise across practices and sectors by leading legal directories, league tables and industry journals.

Juris Corp
12 practice areas
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Established in 2000, a (first generation) young (then!) lawyer couple started Juris Corp, that embraced self-confidence and recognised the vast opportunities that the legal profession offered in a post liberalisation era. Based out of a 450 square feet office, with 2 lawyers and 3 support professionals, the term Juris Corp was coined, in an era where family names (and abbreviations) for law firms was the norm.

Juris means “law” or “right” and Corp (coined from corporation) signifying that we were setting up an entity for other similar minded and passionate lawyers to join us in our endeavour.

We are distinctively positioned to offer a multi-disciplinary perspective on account of having advocates with multifaceted qualifications including, Chartered Accountants, Chartered Financial Analysts, and Company Secretaries, who form a core part of our Firm. This enables us to understand the commercial nuances of intricate issues and provide viable solutions, moving well beyond restating the law!

Today, as we approach our silver jubilee, Juris Corp is a reputed name with regulatory bodies and banks across the globe, financial institutions, funds, and other financial intermediaries, conglomerates, entrepreneurs, and even industry associations. Agility towards outcome and adaptability to the dynamic legal terrain ensures that our clients look at us as their trusted partners.

The core principles and values of the Firm endure, even as certain outward expressions have evolved over time. Excellence, Innovation, Integrity, and Teamwork are the four cornerstones of our culture.

Krishnamurthy & Co
14 practice areas
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Established in 1999, Krishnamurthy & Co. (K Law) is a full-service law firm with offices in Bengaluru, Mumbai, New Delhi and Chennai. With a strength of more than 85 lawyers, K Law provides comprehensive legal advisory services across a broad spectrum of practice areas.

The firm’s proven legal capability includes advisory, private equity and venture capital investments, mergers, acquisitions and joint ventures, securities laws, banking and finance, infrastructure, project finance, intellectual property, media and entertainment, dispute resolution and white-collar crimes, and real estate.

SNG & Partners
10 practice areas
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Established in 1961, SNG & Partners (SNG) is a full-service law firm in India with PAN India presence and an overseas office in Singapore.
SNG works closely with a number of Multinational Banks, Private and Public Sector Banks, and leading NBFCs in the areas of Corporate Banking, Institutional Banking, Private Banking, Consumer Banking, Custodial and Financial Services, Trade Finance, Microfinance, etc. The Firm has to its credit many transactions in the field of Acquisition Finance, Structured Finance, Structured Trade Finance, Leveraged Transactions, Debt Capital Market Transactions, Custodian and F1 transactions for its clients in India and overseas. The Firm has acted as Lender’s Counsel in several transactions including ECBs.
SNG has regularly assisted several domestic banks, branches of foreign banks and NBFCs to standardise their lending documentation, draft and frame various policies under the applicable laws, prepare, review and standardise the policy and process on lending and security documentation as well as the Due Diligence process.

AK and Partners
2 practice areas
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AK and Partners is a full-service corporate law firm. We have a niche in financial sector regulatory, fintech, banking and finance, insurance, energy and infrastructure. We regularly provide corporate and commercial advisory to cross-section of multinational companies in India. We provide niche advisory on investment, private equity, mergers and acquisitions with issues regarding foreign investment, pre-acquisition regulatory approvals and post-acquisition handholding.

CMS INDUSLAW
16 practice areas
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CMS INDUSLAW is a top-tier full-service law firm and the 7th largest in India*, with offices in Bengaluru, Chennai, Delhi, Gurugram, Hyderabad, and Mumbai, ensuring a strong pan-India presence. Backed by over 400 lawyers, the firm advises global clients on Indian law, supporting transactional goals, business strategies, regulatory matters, and dispute resolution.

Our teams work seamlessly across practices, sectors, and locations to navigate legal complexities and deliver efficient, solutions-oriented advice. CMS INDUSLAW and its lawyers are regularly recognised by leading national and international publications for their excellence.

CMS INDUSLAW is an independent Indian law firm and an Indian member of CMS, an international organisation of independent law firms with 91+ offices in 50 countries and over 7,200 lawyers worldwide.

Cyril Amarchand Mangaldas
18 practice areas
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Cyril Amarchand Mangaldas (cam) is India’s leading law firm with global reputation of being trusted advisors to its clients. The Firm advises a large and diverse set of clients, including domestic and foreign commercial enterprises, financial institutions, private equity funds, venture capital funds, start-ups, government and regulatory bodies.

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Deal Highlights
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Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Camlin Fine Sciences Ltd. - M&A
2021-05-17
Khaitan & Co
India
M&A
Adheesh Nargolkar, Chirayu Chandani, Harshita Jajodia, Jayesh Varavadekar, Mohit Rai, Nikhilesh Panchal, Parag Bhide
Camlin Fine Sciences Ltd.
Buyer
Global Renewable Synergy Co. PCL - M&A
2021-07-14
Khaitan & Co
India
M&A
Dibyanshu ., Haigreve Khaitan, Nikesh Tyagi, Prateek Bhandari, Sagar BM, Sathyajith Nair, Shikha Rastogi
Global Renewable Synergy Co. PCL
Buyer
Manjushree Technopack Ltd. - M&A
2021-08-16
Khaitan & Co
India
M&A
Aashutosh Sampat, Aastha Khurana, Abhimanyu Pal, Akash Srinivasan, Amruta Joshi, Anisha Chand, Anshul Prakash, Bhavika Sanghvi, Kruthi Murthy, Meherasp Mistry, Shaktibhushan Shukla, Soham Banerjee, Soham Sen, Srishti Mukherjee, Yash Kumar
Manjushree Technopack Ltd.
Buyer
True North Co. - M&A
2021-10-04
Khaitan & Co
India
M&A
Abhilasha Vyas, Abhimanyu Pal, Adheesh Nargolkar, Anshul Prakash, Ayesha Bhattacharya, Kosheel Gupta, Kruthi Murthy, Lipi Rawat, Niren Patel, Noyonika Nair, Ravali Rayaprolu, Rohan Jhaveri, Ruturaj Jere, Saswat Subasit, Saumya Gupta, Sourav Dan
True North Co.
Seller
Playsimple Games Pvt. Ltd. - M&A
2021-07-02
Khaitan & Co
India
M&A
Playsimple Games Pvt. Ltd.
Target
Piramal Pharma Ltd. - M&A
2021-03-31
Economic Laws Practice
India
M&A
Piramal Pharma Ltd.
Buyer
Flipkart Pvt. Ltd. - M&A
2021-07-12
Hogan Lovells Cadwalader
India
M&A
Flipkart Pvt. Ltd.
Seller
Oxford International Education Group - M&A
2022-01-31
Khaitan & Co
India
M&A
Amiya Pati, Anusha Rao, Arun Kumar, Ayush Sinha, Kalpana Unadkat
Oxford International Education Group
Buyer
Nobel Hygiene Pvt. Ltd. - M&A
2021-06-23
Khaitan & Co
India
M&A
Chitra Jha, Divakar Gupta, Kartick Maheshwari, Vivek Sriram
Nobel Hygiene Pvt. Ltd.
Target
Space TeleInfra Pvt. Ltd. - M&A
2021-07-20
Khaitan & Co
India
M&A
Atul Pandey, Harsh Walia, Navodita Gupta, Nimisha Trehan, Nitish Goel, Piyush Ranjan, Prasenjit Chakravarti, Pulkit Chaturvedi, Shobhit Chandra, Vivek Mimani
Space TeleInfra Pvt. Ltd.
Target
fuboTV Inc. - M&A
2021-12-01
O'Melveny & Myers
India
M&A
fuboTV Inc.
Buyer
Ipackchem Group SAS - M&A
2021-11-09
Pioneer Legal
India
M&A
Ipackchem Group SAS
Buyer
UniFocus LLC - M&A
2021-09-09
Jones Day
India
M&A
Ashley Gullett
UniFocus LLC
Buyer
Blackstone Group Inc. - M&A
2021-07-19
Simpson Thacher & Bartlett
India
M&A
Ian Ho, Justin Xi Guo, Valerie Fung
Blackstone Group Inc.
Buyer
Avendus Capital Pvt. Ltd. - M&A
2022-01-31
Khaitan & Co
India
M&A
Aman Yagnik, Arka Banerjee Choudhury, Haigreve Khaitan, Manavendra Mishra, Mehul Shah, Murugaveni Pillai, Pranjal Agarwal, Ravali Rayaprolu, Rushabh Gala, Sankalp Sharma, Shivani Devpura, Unnita Bhattacharya
Avendus Capital Pvt. Ltd.
Buyer
Blackstone Group Inc. - M&A
2021-05-10
Khaitan & Co
India
M&A
Blackstone Group Inc.
Buyer
Arthur J. Gallagher & Co. - M&A
2021-07-01
Khaitan & Co
India
M&A
Abhimanyu Pal, Anshul Prakash, Anuj Shah, Divyansh Joshi, Harsh Khemka, Ishan Johri, Kruthi Murthy, Mahima Narsaria, Mayank Jain, Nayantara Kutty, Neelam Tripathi, Probal Bose, Puneet Rathsharma, Rabindra Jhunjhunwala, Rahul Chandramouli, Ritu Shaktawat, Shailendra Bhandare, Sneh Shah, Vivek Singh
Arthur J. Gallagher & Co.
Buyer
Larsen & Toubro Infotech Ltd. - M&A
2021-06-16
Khaitan & Co
India
M&A
Aayush Misra, Niren Patel, Noyonika Nair, Ravali Rayaprolu, Zico Bahl
Larsen & Toubro Infotech Ltd.
Buyer
Avtec Ltd. - M&A
2021-09-16
Khaitan & Co
India
M&A
Mayank Jain, Neil Lopez, Niren Patel, Sanket Shah, Vinita Krishnan
Avtec Ltd.
Seller
RMG Acquisition Corp. II - M&A
2021-02-24
Skadden Arps Slate Meagher & Flom
India
M&A
Alex Jupp, Helena Derbyshire, Lorenzo Corte, Louise Batty, Riley Graebner, Scott Simpson, Simon Toms, Victor Hollender
RMG Acquisition Corp. II
Buyer
7
of
50
By Firm
96 results96 results
Firm Name Jurisdiction Total Deals Deals (Last 12 Months)
A&O Shearman
India
9
0
A&O Shearman - India
India
5
0
AAP Law Office
Indonesia
1
0
Accura
Denmark
1
0
Advaita Legal
India
5
0
Akin Gump Strauss Hauer & Feld
1
0
Alliance Law Firm
Egypt
1
0
Anderson Mori & Tomotsune
Japan
1
0
Appleby
3
0
Aramis
France
1
0
Ashurst Perkins Coie
1
0
Ashurst Perkins Coie
India
3
0
AZB & Partners
India
186
0
Baker McKenzie
India
2
0
Bathiya Legal
India
5
5
Begur & Partners
India
1
0
Bharucha & Partners
India
12
0
Bird & Bird
India
1
0
BLC & Associates
India
1
0
Chandhiok & Mahajan, Advocates and Solicitors
India
19
0
1
of
5
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M&A
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M&A
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