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HSA Advocates

81/1, ADCHINI,, SRI AUROBINDO MARG, NEW DELHI, 110017, INDIA
Tel:
Work (+91) (11) 6638 7000
Fax:
Fax (+91) (11) 6638 7099
Email:
Web:
www.hsalegal.com
Bangalore, Kolkata, Mumbai, New Delhi

India

Banking and finance
Banking and finance - ranked: tier 2

HSA Advocates

HSA Advocates is known for its strength in the energy and infrastructure space; recent highlights include advising the State Bank of India and the Import-Export Bank of India on the financing of railway development projects by Konkan Railway Corporation, and assisting the government of Goa with a loan from Axis Bank for the construction of an airport at Mopa in Goa. Practice head Anjan Dasgupta left for DSK Legal in May 2019. Harsh Arora is noted for his infrastructure expertise.

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Corporate and M&A
Corporate and M&A - ranked: tier 2

HSA Advocates

HSA Advocates advises private equity funds, multinational companies and Indian corporates on a wide spectrum of domestic and cross-border transactions. Recent work includes advising Tata Steel on its acquisition of a 74% stake in Bhubaneshwar Power from JL Power Ventures, a transaction valued at $39.5m. Other clients include I Squared Capital, Lava International and Hydra Commercial Investments. Head of practice Aparajit Bhattacharya left for DSK Legal in May 2019. .

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Dispute resolution
Dispute resolution - ranked: tier 1

HSA Advocates

The team at HSA Advocates handles construction, real estate, power, financial services and energy disputes for large corporations, individuals and foreign-owned enterprises. The team's client base includes Cotton Corporation of India, ReNew Power and Maharashtra Industrial Development Corporation. Founding partner Hemant Sahai and managing partner Amitabh Sharma are the key names to note. The firm has recently appointed former Sterlite Power Grid Ventures in-house counsel Apoorva Misra as a partner, while Shreshth Sharma (former Jindal Steel and Power in-house counsel) and Nitish Gupta (former DSK Legal principle associate) have been recruited as associate partners. Former senior partner Abeezar E. Faizullabhoy along with Shahen Pradhan and Murtaza Kachwalla, joined Argus Partners in February 2019.

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Labour and employment
Labour and employment - ranked: tier 3

HSA Advocates

The employment team at HSA Advocates frequently assists clients on a range of employment matters, from drafting documentation and policies to advising on structuring and transactional employment matters. Former practice heads Abeezar Faizullabhoy and Aparajit Bhattacharya have left for Argus Argus Partners and DSK Legal, respectively in earlier 2019.

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Projects and energy
Projects and energy - ranked: tier 1

HSA Advocates

HSA Advocates' team has notable strength for projects work in the energy and renewables sectors, and is well known for handling instructions from India's project finance and public-private partnership (PPP) market, assisting the full spectrum of interested parties with domestic and cross-border financing transactions. The team is acting for the City and Industrial Development Corporation of Maharashtra on the Navi Mumbai Airport greenfield PPP project, and is assisting Shanghai SIIC Transportation Electric with the development of Line 3 of the Mumbai Metro project. Founding partner Hemant Sahai heads the team. Amitabh Sharma is also recommended. Anjan Dasgupta left for DSK Legal in May 2019.

Leading individuals

Hemant Sahai - HSA Advocates

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TMT
TMT - ranked: tier 2

HSA Advocates

HSA Advocates is highlighted for its experience handling commercial, transactional and regulatory matters in the IT and telecoms space. The group has been advising on infrastructure projects and related matters, and recently acted for a private equity company in the acquisition of a substantial sub-sea cable business. In the entertainment sector, the group also acts for prominent clients such as Yash Raj Films.

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Tax
Tax - ranked: tier 3

HSA Advocates

With the capabilities to handle contentious and advisory direct and indirect tax matters, HSA Advocates' taxation team counts Atha Group, Apollo Tyres and  Maharashtra Industrial Development among its clients. Of note is principal associate  Akash Deep, a specialist in indirect taxation matters. Former practice head Nand Kishore has joined DSK Legal.

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Further information on HSA Advocates

Please choose from this list to view details of what we say about HSA Advocates in other jurisdictions.

India

Offices in New Delhi, Mumbai, Bangalore, and Kolkata

Legal Developments in India

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • WHHPL v NHAI

    New Delhi, 31st August 2019: West Haryana Highways Projects Private Limited (a Special Purpose Vehicle of Era Infra Engineering) was awarded a Concession Agreement by NHAI on DBFOT Toll basis for widening of existing two lane highway and also constructions of two new bypasses. Although WHHPPL substantially completed the work and Toll was stared in 2014, NHAI was not declaring the completion. Also WHHPPL suffered huge losses due to Project overrun including threat from Banks/Financial Institution w.r.t Insolvency Proceedings (needless to reiterate one such proceedings under I&B Code filed by Bank of Baroda (erstwhile Dena bank) was recently rejected by Principal Bench, New Delhi). It was the case of WHHPPL that NHAI failed to adhere to the terms of CA in fulfilling its obligation of handing over of land. The Arbitral Tribunal passed an Award in favor of WHHPPL inter alia agreeing with the contentions of WHHPPL and also held that NHAI was in breach of the CA. The Tribunal passed an award (including interest) of Rs.750 Crores in favor of WHHPPL .
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    The transportation industry ‚Äď aviation, shipping and rail ‚Äď has been predominantly owned by government entities since India‚Äôs independence in 1947. Air India and Indian Airlines, both government-owned, rules the skies; the Shipping Corporation of India (SCI), established in 1961 and owned by the government, owns and operates around one-third of the Indian tonnage. All railway property is government owned.
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