The Legal 500

Within Mumbai, Luthra & Luthra is a third tier firm,

Luthra & Luthra’s clients have included Kingfisher Airlines.

Within New Delhi, Luthra & Luthra is a first tier firm,

Headed by Sameen Vyas, Luthra & Luthra’s aviation team has deeply entrenched relationships with a number of major players in the industry including Kingfisher Airlines, Deccan Airways and Lufthansa Airlines.

Within Banking and finance: Mumbai, Luthra & Luthra is a second tier firm,

Luthra & Luthra’s efficient banking team advised a consortium of banks including 
Central Bank of India and Indian Overseas 
Bank on a $3.18bn loan to Videocon Telecommunications. Mohit Saraf, Vijaya Rao Aniket Sengupta and Sudipta Routh are the key individuals.

Within Capital markets: Mumbai, Luthra & Luthra is a third tier firm,

Luthra & Luthra’s ‘reliable’ team advised the Ministry of Coal and Coal India on the latter’s $3.49bn IPO. Mohit Saraf and Manan Lahoty head the team.

Within New Delhi, Luthra & Luthra is a first tier firm,

Luthra & Luthra provides ‘very good’ advice to many banks and corporates including Petronas International, Canara Bank, State Bank of India and Cairn India. It is particularly strong in the energy industry, and recently advised Power Finance Corporation as lead lender on the $3.6bn syndicated project financing of a coal-based thermal power project in Janjgir. On the capital markets side, the team advised Coal India on its $3.5bn equity raising. Sameen Vyas and Madhurima Mukherjee are recommended for project finance and capital markets respectively.

Within Mumbai, Luthra & Luthra is a third tier firm,

Luthra & Luthra’s team is ‘highly detail oriented’ and exhibits ‘excellent response times’. It advised Abbott Laboratories on its $3.8bn acquisition of Piramal’s healthcare solutions business and acted for DLF Assets on the $600m purchase of DE Shaw’s shareholding in DAL. Mohit Saraf is regarded as ‘first rate’.

Within New Delhi, Luthra & Luthra is a second tier firm,

Luthra & Luthra’s five-partner practice provides ‘comprehensive and very clear advice’ to many corporates from a broad range of industries. Recent highlights include advising Cairn India as Vedanta Resources plc bought a $9.6bn controlling stake in it. On the buy side, the group advised Corn Products International on the Indian aspects of its $1.3bn purchase of National Starch from Akzo Nobel. Rajiv Luthra is recommended.

Within New Delhi, Luthra & Luthra is a second tier firm,

The ‘very good’ Luthra & Luthra focuses on representing corporates and high-ranking corporate officers in business disputes, 
including shareholder litigation. Additionally, the practice has expanded to include an increasing volume of IP and tax matters, while arbitration, particularly in Singapore and London, has also seen an uptick. Recent highlights include 
securing regular bail for a senior officer of the company being investigated regarding bribery allegations in the Commonwealth Games corruption case. Vijay Sondhi led on that matter and is the senior partner in a strong team that also includes well-respected arbitration practitioner H S Chandhoke, who is praised 
for his ‘solutions-oriented advice that always identifies the relevant risk factors’. Clients include Multi Screen Media (Sony), Cairn Energy India, Nokia and Headstrong.

Within New Delhi, Luthra & Luthra is a second tier firm,

Luthra & Luthra determinedly focuses on the transactional and advisory aspects of insurance work for insurers and reinsurers. The firm also regularly advises foreign entities seeking to enter the domestic market and, given the firm’s strong corporate capability, it also regularly handles insurance-related M&A. Mohit Saraf and Alina Arora are recommended.

Within New Delhi, tier 4

Luthra & Luthra is one of the market’s preeminent corporate practices and generates much of its work off the back of its blue-chip corporate client roster. The firm handles the concomitant IP issues associated with M&A, 
and also regularly represents clients in copyright and patent litigation. Ameet Datta is the 
lynchpin of the practice and is praised for his ‘excellence across the board’.

Within Mumbai, tier 4

Luthra & Luthra advised on forming The Infinity Innovation Fund (The IIF). Mohit Saraf is recommended.

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.

Within Mumbai, Luthra & Luthra is a first tier firm,

Luthra & Luthra’s project finance practice advised a consortium of lenders led by Axis Bank on the $1.38bn facility for the construction and development of a coal-fired supercritical power plant. Mohit Saraf, Vijaya Rao and Aniket Sengupta are the core partners in the group.

Within New Delhi, Luthra & Luthra is a first tier firm,

Luthra & Luthra handles work for many stakeholders across a range of energy projects including renewables, oil and gas. Its top-end clients include Arcelor Mittal, Cairn Energy, Power Finance Corporation and Essar Oil. The firm is best known for its lender-side financing capability, and recent highlights include advising IDBI, as leader of a consortium of banks, on the $2.7bn financing of a power station in Krishnapatnam, Andhra Pradesh. Sameen Vyas led on that deal and is a key member of the team, which also includes Rajiv Luthra.

Within Mumbai, tier 4

Luthra & Luthra has advised on a number of high-profile real estate transactions.

Within New Delhi, Luthra & Luthra is a first tier firm,

‘One of the best’, Luthra & Luthra’s team has a ‘solid grasp of the real estate market and how it functions’. It regularly handles the real estate elements of major corporate M&A and projects transactions; Amaresh Singh advised Abbott Laboratories on its $3.72bn acquisition of Piramal’s healthcare business which involved extensive real estate due diligence and statutory approvals. The group acts for a mix of developers, financial institutions, private equity firms and multinational corporates including Aman Resorts, Oman Investment Fund, HDFC Bank, Blackstone Group, CapitaLand and Tishman Speyer.

Within Mumbai, Luthra & Luthra is a second tier firm,

Luthra & Luthra’s ‘first-rate’ team advised Etisalat DB Telecom on the notable 2G spectrum allocation case regarding investigations 
pending before the Central Bureau of Investigations, Enforcement Directorate and Income Tax authority. The team also advised PVR Limited on a transaction involving the 
installation and maintenance of a number of high-tech cinema screens across India. Mohit Saraf, 
Rajiv K Luthra and Ameet Datta are recommended.

Within New Delhi, Luthra & Luthra is a third tier firm,

Luthra & Luthra regularly handles M&A for blue-chip corporate clients within the telecoms and media industry. This includes recently handling some significant litigation, such as its representation of Etisalat DB Telecom as one of the parties in the high-profile “spectrum scam”. Other clients include Sony, ZEE TV, AT&T, Unitech Wireless and Nokia.

Within New Delhi, Luthra & Luthra is a second tier firm,

As a corporate and M&A heavyweight, it is perhaps not surprising that a significant amount of Luthra & Luthra’s tax work lies in tax structuring as exemplified by its recent work on Abbott Laboratories’ $6.2bn acquisition of Solvay Pharma India. However, the team also recently successfully handled several 
pending income tax litigations for Jubilant Food Works. Other clients include Arcelor Mittal, Rolls Royce Group, Kingfisher Airlines and Moser Baer. Vikas Srivastava and Sanjeev Sachdeva 
are recommended, respectively for their direct and indirect tax expertise.

Within New Delhi, Luthra & Luthra is a third tier firm,

Moushami Joshi heads Luthra & Luthra three-partner team, which handles a range of international trade and WTO work. Following the firm’s recent work for the Indian government in an anti-subsidy investigation by the EU, it has been appointed by three of India’s largest generic drugs manufacturers and exporters to represent them before the European Commission in a countervailing duty proceeding. The team’s international corporate clients include several large Chinese entities such as the China Iron and Steel Association, Jiangsu Sinorgchem Technology, and Shanxi Taigang Stainless Steel Company.