The Legal 500

Nishith Desai Associates has ‘an outstanding reputation and deep expertise’ in investment funds. Clients include Sandstone Capital, SVB India Capital Partners, Long Term India Fund, and Kotak India Real Estate. Nishith Desai is recommended.

AZB & Partners has expertise in advising on establishing and structuring a variety of funds, alongside investment routing, tax planning, and regulatory matters. The ‘highly influential’ Zia Mody is recommended.

Amarchand & Mangaldas & Suresh A. Shroff & Co acts for clients including India Infrastructure Fund, LIC Mutual Fund Asset Management, and JPMorgan India Property Fund. Ashwath Rau is recommended.

Majmudar & Partners is active in fund documentation, regulatory advice, and offshore setup coordination. It acted for Consolidated Press Holdings in its investment in Tristar Hotels, and for Grand Trunk Capital Management in its proposal to obtain registration with the Securities and Exchange Board of India. Akil Hirani is ‘exceptional’.

The ‘absolutely outstanding’ Wadia Ghandy & Co advises on the full range of matters. It advised on the establishment of a $200m Mauritius-based PREI Fund, and on the establishment of IndiaNivesh Venture Capital Fund. Ashish Ahuja is ‘very even tempered and approachable, with a positive approach to solving problems’.

ALMT Legal advised Reliance Equity Advisors on its acquisition of 34.68% of the equity shareholding of Max Flex & Imaging Systems, and for Ascent Capital on a $40m investment into Karaikal Ports. Aliff Fazelbhoy and Dhanya Menon are recommended.

A.R.A. LAW’s clients include Sage Capital Funds Management. Rajesh Begur is recommended.

DSK Legal acts for clients including Kalyani Group and Indospace Ventures II. Anand Desai is recommended.

Economic Laws Practice advised Mayfield FVCI on the sale of its shares in Fourcee Infrastructure Equipments to General Atlantic Singapore Fund, and for a consortium of clients on investments into Wannamo Marketing. Yashojit Mitra is recommended.

J Sagar Associates’ clients include PTC India.

Khaitan & Co. acts on the full range of funds-related matters, and acted for an Israeli client on a tax-efficient structure to set up an offshore real estate fund, and in the tax-efficient repatriation of income generated by real estate projects. It also advised Equibrain on the tax and regulatory aspects of setting up a private fund. Daksha Baxi is recommended.

Trilegal’s team advised Sithe Global on its investment in SKS Ispat and Power, and Blackstone on its investment in Visa Power. New clients include Morgan Stanley Private Equity and Fidelity India Ventures. Nishant Parikh is recommended.

Clasis Law has expertise in real estate investment fund matters. Sakate Khaitan is recommended.

Finsec Law Advisors acted for Nine Rivers Capital Holdings in the establishment of a domestic PIPE Fund and associated deal documentation, and advised Baring Private Equity Partners on the Indian regulatory aspects concerning the issuance of derivative instruments and investments in India. Sandeep Parekh is recommended.

Luthra & Luthra’s Mohit Saraf is recommended.