The Legal 500

Within Mumbai, Gagrats is a first tier firm,

Gagrats’ ‘excellent’ team provides ‘high-quality advice’. It acted for Jet Airways (India) as lessee on the leasing of ATR aircraft from an Irish SPV of Investec, and on the leasing of Airbus aircraft from Intrepid Limited. Rustam Gagrat is deemed to be ‘particularly good’.

Within New Delhi Leading individuals: India

Within Banking and finance: Mumbai, tier 4

The ‘knowledgeable’ team at Gagrats advises Godavari Sugar Mills on its cross-border financings and corporate guarantees.

Within Capital markets: Mumbai, tier 4

Gagrats advised Hysen Development Corporation of Hongkong on its script 
dividend schemes and acted for Elder Pharmaceuticals on a proposed issue of global depository receipts.

Within Mumbai, Gagrats is a third tier firm,

Gagrats acted for RSM McGladrey on establishing a joint venture in India; and advised Dodsal Group on acquisitions in India’s fast food sector. Other clients include Kirloskar Oil Engines and Forbes Marshall. Rustam Gagrat is recommended.

Within Mumbai, Gagrats is a third tier firm,

Gagrats advised Jet Airways in a dispute with the Sahara Group regarding the acquisition of Sahara Airlines. It also advised the Jumbo Group in a case regarding a real estate development in southern India.

Within Mumbai, tier 4

Gagrats’ clients include Shell International, International Air Transport Association and Thomas Cook India.

Within Mumbai, Gagrats is a second tier firm,

Gagrats advised Greenergy Renewables on wind power projects in Maharashtra and Gujarat, and also acted for Core Technologies on the establishment of education projects. Other 
clients include Forbes Marshall and Jet Airways (India).

Within Mumbai, Gagrats is a third tier firm,

Gagrats advised Jet Airways (India) on 
the development of a major commercial property in Mumbai. It also advised the Phoenix Group on the commercial development of its Phoenix 
Mills property in Mumbai.

Within Mumbai, Gagrats is a third tier firm,

Gagrats advised US-based RSM McGladrey on its licensing agreements in India, and 
acted for Jet Airways (India) on its services agreement with IBM.

Within Mumbai, tier 4

Notable recent work for the team at 
Gagrats includes advising the Jumbo Group 
on direct taxation matters. The group also 
advised a number of Indian corporates on tax issues pertaining to demergers.