The Legal 500

Amarchand & Mangaldas & Suresh A. Shroff & Co

PENINSULA CHAMBERS, PENINSULA CORPORATE PARK, GANPPATRAO KADAM MARG, LOWER PAREL, MUMBAI 400 013, INDIA

What we say about the firm's legal practice in India

Banking, finance and capital markets

Within Banking and finance: Mumbai, Amarchand & Mangaldas & Suresh A. Shroff & Co is a first tier firm,

Amarchand & Mangaldas & Suresh A. Shroff & Co is ‘preeminent for banking and finance 
matters’. Clients have included Reliance Capital and JM Financial Products. Cyril Shroff is recommended. The recent arrival of Niloufer Lam, a former consultant director for Bank of America Trustees, bolstered the practice’s resources.

Within Capital markets: Mumbai, Amarchand & Mangaldas & Suresh A. Shroff & Co is a first tier firm,

Deemed to be a ‘leader in the field’, Amarchand & Mangaldas & Suresh A. Shroff & Co’s recent record includes advising on the $850m 
QIP of Adani Enterprises. It also advised the managing banks - Deutsche Bank, UBS and Goldman Sachs - on Tata Power’s $450m hybrid bond. Cyril Shroff and Ashwath Rau are highly regarded.

Within New Delhi, Amarchand & Mangaldas & Suresh A. Shroff & Co is a first tier firm,

A heavyweight of the Indian legal market, Amarchand & Mangaldas & Suresh A. Shroff & Co is able to devote significant resources to advising lenders or borrowers on big ticket financings. The ‘responsive and knowledgeable’ Gunjan Shah is a mainstay of the practice and recently acted for a consortium of banks on the $1.86bn debt restructuring of steel producer JSL Stainless. Recently promoted partner Prashant Gupta is the first full-time capital markets partner based outside 
Mumbai or Bangalore, and recently acted as local 
counsel to the underwriters on Coal India’s 
$3.5bn IPO - India’s largest IPO to date.

Corporate/M&A

Within Mumbai, Amarchand & Mangaldas & Suresh A. Shroff & Co is a first tier firm,

A real leader in the field for corporate work’, Amarchand & Mangaldas & Suresh A. Shroff & Co advised Piramal Healthcare on its 
$640m acquisition of 5.5% of Vodafone Essar’s shares. Managing partner Cyril Shroff is recommended.

Within New Delhi, Amarchand & Mangaldas & Suresh A. Shroff & Co is a first tier firm,

Head and shoulders above the competition’, Amarchand & Mangaldas & Suresh A. Shroff & Co has the resources to undertake a tremendous volume of M&A and strategic investment mandates for corporates and private equity sponsors. It is active across a raft of industries including pharmaceuticals, financial, food and telecoms, and the team is regularly present on the highest-profile mandates in the market. Harry Chawla recently advised Visa Power on Blackstone’s $111m investment in the Indian power producer and the ‘thoughtful and very knowledgeable’ Gunjan Shah represented Aircel on the $1.4bn disposal of its telecoms tower business to GTL. The ‘excellent’ Shardul Shroff heads the practice.

Dispute resolution

Within Mumbai, Amarchand & Mangaldas & Suresh A. Shroff & Co is a second tier firm,

Amarchand & Mangaldas & Suresh A. Shroff & Co is ‘one of the standout firms for disputes’, 
whether for domestic or international matters. Clients have included Nestlé, Coca-Cola and Daewoo Power.

Within New Delhi, Amarchand & Mangaldas & Suresh A. Shroff & Co is a first tier firm,

Amarchand & Mangaldas & Suresh A. Shroff & Co handles a tremendous range and volume of high-end commercial litigation and arbitration, from competition to IP disputes. Competition law expert Pallavi Shroff recently defended 
the National Stock Exchange in a high-profile case brought before the Competition Commission by MCX-SX alleging that it abused its dominant position. Ajoy Roy regularly appears in 
high-profile commercial litigation and arbitration.

Intellectual property

Within New Delhi, tier 4

Amarchand & Mangaldas & Suresh A. Shroff & Co regularly advises on IP issues connected to big-ticket transactions, and provides standalone IP advice to clients across the spectrum of IP matters. Clients include Tommy Hilfiger, UNICEF and Accenture Global Services. Ranjan Negi is the main contact for trade mark and copyright matters, and regularly advises clients on prosecution searches and portfolio management, as well as litigation.

Investment funds

Within Mumbai, Amarchand & Mangaldas & Suresh A. Shroff & Co is a second tier firm,

Amarchand & Mangaldas & Suresh A. Shroff & Co’s clients have included JPMorgan India Property Fund, India Infrastructure Fund 
and LIC Mutual Fund Asset Management. Ashwath Rau and managing partner 
Cyril Shroff are the team’s key individuals.

Leading firms in Bangalore

Within Leading firms in Bangalore, Amarchand & Mangaldas & Suresh A. Shroff & Co is a third tier firm,

Amarchand & Mangaldas & Suresh A. Shroff & Co’s key clients include Merrill Lynch.

Legal market overview

Within Legal market overview,

While full-service heavyweights such as AZB & Partners, Amarchand & Mangaldas & Suresh A. Shroff & Co, Luthra & Luthra and J Sagar Associates dominate the markets in New Delhi and Mumbai, other niche firms such as Karanjawala and Company, 
Tuli & Co and Anand and Anand 
perform well for dispute resolution, insurance and intellectual property respectively.

Projects and energy

Within Mumbai, Amarchand & Mangaldas & Suresh A. Shroff & Co is a first tier firm,

Amarchand & Mangaldas & Suresh A. Shroff & Co is highly regarded for its project finance and infrastructure experience and expertise. L Viswanathan is very active in the projects space and is the key contact.

Within New Delhi, Amarchand & Mangaldas & Suresh A. Shroff & Co is a first tier firm,

Amarchand & Mangaldas & Suresh A. Shroff & Co remains a leading player in the market, 
and is particularly accomplished in the power, telecoms and aerospace sectors; it has also secured a raft of other new infrastructure projects. Jatin Aneja recently represented the lenders on financing the development of a coal-fired thermal power plant, a project shared between NCC Infrastructure Holdings and 
Gayatri Energy Ventures. Aneja also recently advised the Airports Authority of India and the Government of Karnataka on the bid process and tender documents relating to the greenfield development of a new airport at Bellary, Karnataka.

Real estate

Within Mumbai, Amarchand & Mangaldas & Suresh A. Shroff & Co is a second tier firm,

Amarchand & Mangaldas & Suresh A. Shroff & Co advised JPMorgan India’s real estate investment fund on selling part of its stake in B Raheja Builders to builder group K Raheja for $25.4m.

Within New Delhi, Amarchand & Mangaldas & Suresh A. Shroff & Co is a second tier firm,

Amarchand & Mangaldas & Suresh A. Shroff & Co’s sizeable real estate team advises on everything from land acquisition and conveyancing to real estate financing and funds work. Recent highlights include advising India Property Fund’s Rs120 crore buyout of Ramprastha Group’s Skyz housing project. 
Other more traditional work included advising the Bill and Melinda Gates Foundation on 
leasing of commercial premises in New Delhi.

Shipping

Within Mumbai, Amarchand & Mangaldas & Suresh A. Shroff & Co is a second tier firm,

Amarchand & Mangaldas & Suresh A. Shroff & Co is well regarded for its expertise in ship finance.

TMT

Within Mumbai, Amarchand & Mangaldas & Suresh A. Shroff & Co is a second tier firm,

Amarchand & Mangaldas & Suresh A. Shroff & Co advises its domestic and international clients on corporate and regulatory matters, as well as disputes. It has advised clients such as Reliance MediaWorks.

Within New Delhi, Amarchand & Mangaldas & Suresh A. Shroff & Co is a second tier firm,

A leviathan of the Indian legal market, Amarchand & Mangaldas & Suresh A. Shroff & Co is regularly involved in significant transactions for major TMT clients, such as 
Gunjan Shah’s leading advice to Aircel Group on the $1.4bn sale of its telecom tower 
business to GTL. The team has also recently 
been advising developers of 3G technology 
options. Amit Kumar advises numerous 
media clients on deals and recently represented Astro on its $21m acquisition of New Delhi print media business Getit Infoservices.

Tax

Within Mumbai, tier 4

Amarchand & Mangaldas & Suresh A. Shroff & Co advises corporate clients on a variety of tax-related matters.

Within New Delhi, Amarchand & Mangaldas & Suresh A. Shroff & Co is a second tier firm,

Amarchand & Mangaldas & Suresh A. Shroff & Co provides advisory and contentious tax support for its blue-chip roster of corporate clients. The firm provides crucial tax structuring advice on major corporate transactions, and is praised for its ‘ability to provide a true one-stop-shop service’. Team head Aseem Chawla recently advised FedEx on the tax structuring 
associated with its $100m acquisition of two Indian courier companies.

WTO/international trade

Within Mumbai, Amarchand & Mangaldas & Suresh A. Shroff & Co is a second tier firm,

Amarchand & Mangaldas & Suresh A. Shroff & Co is particularly recommended for its experience in anti-dumping matters and 
import/export polices.

Within New Delhi, Amarchand & Mangaldas & Suresh A. Shroff & Co is a second tier firm,

Amarchand & Mangaldas & Suresh A. Shroff & Co advises clients on WTO and international trade matters pertaining to import-export issues, anti-dumping and duty laws.


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