The Legal 500

Within Banking and finance: Mumbai, Khaitan & Co. is a second tier firm,

Khaitan & Co.’s ‘first-rate’ team is jointly led by Shishir Mehta and Devidas Banerji, the 
latter having recently joined from Clifford Chance in Singapore. It advised Reliance Industries 
and Infotel Broadband Services on $500m financing to fund their recently acquired pan-India Broadband Wireless Access (BWA) spectrum. It also advised ICICI Bank on Maytas Infra’s debt restructuring.

Within Capital markets: Mumbai, Khaitan & Co. is a second tier firm,

Khaitan & Co. advised the underwriters in the $584m IPO of JSW Energy and acted for KSK Power Ventur on its secondary listing on the London Stock Exchange. Ravi Kulkarni always ‘works to the highest standard’ and Vibhava Sawant and Nikhilesh Panchal are also recommended.

Within New Delhi, Khaitan & Co. is a third tier firm,

Khaitan & Co. advises corporates and banks across the full suite of financing, and has a ‘strong capital markets’ offering led from 
Mumbai. New Delhi-based Sharad Vaid has an excellent reputation for advising on financial regulations.

Within Mumbai, Khaitan & Co. is a first tier firm,

Khaitan & Co.’s team advised iGATE on purchasing a controlling stake in Patni 
Computer Systems, and acted for Reliance Industries on its $1.7bn purchase of a 40% stake in Atlas Energy. Haigreve Khaitan, Ravi Kulkarni, Rabindra Jhunjhunwala and Vaishali Sharma 
are the key individuals, along with Anand Mehta and Ketan Kothari, who recently joined from Thakker & Thakker.

Within New Delhi, tier 5

Although it is overshadowed to some extent by its Mumbai capability, Khaitan & Co.’s New Delhi office is regularly involved in the firm’s corporate mandates. The firm is rapidly picking up market share and is praised for its ‘very 
well-rounded capabilities’ and ‘attention to detail’. Bharat Anand worked with Mumbai colleagues on L N Bangur Group’s $291m sale of a majority shareholding of Andhra Pradesh Paper Mills. Recently promoted partner Rajat Mukherjee’s significant recent deals include representing Bush Foods Overseas Private on its $25m sale to Standard Chartered Private Equity.

Within New Delhi, Khaitan & Co. is a third tier firm,

Khaitan & Co.’s expertise encompasses domestic litigation and arbitrations, as well as international arbitration. Its greatest strengths lie in corporate and IP disputes, but the firm 
has also developed the capability to act in litigation in the burgeoning competition and environment spaces. Vanita Bhargava regularly appears before the Supreme Court and recently defended 
Open Media Network in a breach of privacy action brought by Ratan Tata. Gauri Rasgotra 
and Sanjeev Kapoor are also recommended.

Within Mumbai, Khaitan & Co. is a second tier firm,

Khaitan & Co. capably advises on patents, trade marks, designs, copyright and domain names. Clients include Mahindra & Mahindra 
and CEAT. Practice head Jose Madan is a ‘real IP expert’.

Within Mumbai, tier 4

Khaitan & Co. advised India Horizon 
Fund on structuring and establishing an 
offshore venture capital fund, and advised Discovery Global on various regulatory issues. 
Murali Neelakantan and Daksha Baxi are the key team members.

Within Leading firms in Bangalore, Khaitan & Co. is a second tier firm,

Khaitan & Co.’s ‘first-rate’ Bangalore team includes Rajiv Khaitan, who is recommended for disputes. Corporate lawyers Anindita Phukan and Abhilekh Verma recently joined the firm.

Within Patent and trade mark practices, Khaitan & Co. is a third tier firm,

Khaitan & Co.’s IP practice is headed by Mumbai-based Jose Madan. Key clients include CEAT and Mahindra & Mahindra Ltd. In New Delhi, Sanjeev Kapoor and Ajay Bhargava are recommended for IP litigation.

Within Mumbai, Khaitan & Co. is a first tier firm,

Khaitan & Co.’s expanding team is 
increasingly busy, and advised JSW 
Infrastructure on Eton Park’s private equity investment into it. The team also advised Techno Electric on the structuring of its investment in Jhajjar KT Transco as part of the funding 
for a power transmission PPP project. Sudip Mullick, Amitabh Sharma, Upendra Joshi and Joy Jacob are recommended. Nishant Singh was recently made associate partner.

Within New Delhi Leading individuals: India

Within Mumbai, Khaitan & Co. is a third tier firm,

Khaitan & Co. advised Borosil Glass Works on the $178m transfer of industrial land to Neepa Real Estate. Other clients include Hindustan Composites and Inox Leisure. Savita Singh and team head Sudip Mullick are recommended. Abhishek Sharma was recently promoted to associate partner.

Within Mumbai, Khaitan & Co. is a second tier firm,

Khaitan & Co.’s shipping practice represents clients such as Jaigad Ports Infrastructure and JSW Infrastructure.

Within Mumbai, Khaitan & Co. is a third tier firm,

Khaitan & Co.’s niche lies in advising 
clients such as Barclays Bank (H&B) Mauritius 
and Outsource Partners International on outsourcing. Haigreve Khaitan and Kalpana Unadkat are recommended. Anand Mehta recently joined the team from the defunct firm of Thakker & Thakker.

Within Mumbai, Khaitan & Co. is a third tier firm,

Khaitan & Co. advised the promoters of Andhra Pradesh Paper Mills on structuring 
the tax-efficient sale of their 53.5% stake in the 
company to US-based buyer, International Paper Company. The team also advised Philips Carbon Black on setting up a joint venture in Vietnam. Daksha Baxi, Sanjay Sanghvi and Nihal Kothari are recommended.

Within New Delhi, Khaitan & Co. is a second tier firm,

Manish Mishra heads Khaitan & Co.’s New Delhi office, which advises a number of clients on indirect taxation issues, including transactional and advisory matters and disputes. Mishra recently represented Jindal Power before the Director General of Foreign Trade and persuaded the body to allow the client to 
transfer capital goods to a group company 
without incurring additional customs duty liability.