What we say about the firm's legal practice in India
Banking, finance and capital markets
Within Banking and finance: Mumbai, Majmudar & Co is a third tier firm,
Majmudar & Co’s ‘outstanding’ team acted for Axis Bank on its $150m financing of Essar group’s Cyprus entity. It also advised Punjab National Bank on a $20.5m loan financing for Opera Minmetals. The ‘very experienced’ managing partner Akil Hirani is recommended.
Within Capital markets: Mumbai, tier 5
Majmudar & Co provides ‘concise and commercially focused advice’ and advised Dubai Mercantile Exchange on Indian securities and foreign exchange laws applicable to trading commodities derivatives on offshore exchanges from India. It also acted as local counsel to Essar Shipping Ports & Logistics regarding a $280m foreign currency convertible bonds issuance. Akil Hirani heads the team.
Corporate/M&A
Within Mumbai, Majmudar & Co is a third tier firm,
Majmudar & Co is recommended for its ‘quick response times’ and ‘excellent level of expertise’. The team acted as local counsel to Atos Origin, an IT services company, on purchasing 100% of Venture Infotek Global’s share capital. Akil Hirani heads the three-partner team, which was bolstered by the recruitment of Rukshad Davar from Bharucha & Partners.
Within New Delhi Leading individuals: India
Dispute resolution
Within Mumbai, tier 4
Majmudar & Co’s practical team advises clients such as Wockhardt, Bank of Ireland, SKS Ispat and JBF Industries. Neerav Merchant is recommended. Anoop Narayanan recently left the firm to establish his own practice.
Insurance
Within Mumbai, Majmudar & Co is a third tier firm,
Majmudar & Co’s clients include CPP Assistance Services, Mapre Assistencia and SKS Microfinance. Akil Hirani heads the team.
Intellectual property
Within Mumbai, Majmudar & Co is a third tier firm,
Majmudar & Co advised KASS International on Indian patent law issues and acted for KS Gleitlager on a trade mark licence agreement relating to a business acquisition in India.
Investment funds
Within Mumbai, Majmudar & Co is a third tier firm,
Majmudar & Co’s clients include Infrastructure Leasing & Financial Services and Avista Capital Holdings. Managing partner Akil Hirani heads the team.
Leading firms in Bangalore
Within Leading firms in Bangalore, Majmudar & Co is a second tier firm,
Majmudar & Co advised Reliance Venture Asset Management on its $12m investment in AllGreen Energy India. It also advised Green Energy Group on its investment in Hindustan Turbomachinery. Raja Sujith is recommended.
Projects and energy
Within Mumbai, Majmudar & Co is a second tier firm,
Majmudar & Co’s clients include Advised Ecolutions, Infinia Corporation and Punjab National Bank. The key individuals are Akil Hirani, Neerav Merchant and Shreyas Patel.
Real estate
Within Mumbai, Majmudar & Co is a third tier firm,
Majmudar & Co’s ‘practical’ real estate team advised Schlumberger on the acquisition of property in Maharashtra. The ‘excellent’ Neerav Merchant heads the three-partner team.
TMT
Within Mumbai, Majmudar & Co is a second tier firm,
Majmudar & Co advised IT services company Atos Origin on its purchase of the entire shareholding of Venture Infotek Global from Venture Infotek Mauritius. Akil Hirani and Neerav Merchant are recommended. Anoop Narayanan left the firm.
Tax
Within Mumbai, tier 4
Majmudar & Co advised JDA Software Group on offshore and onshore tax issues regarding the amalgamation of its India operations into i2 Technologies India. It also advised Drayton Capital on establishing a wine trading investment fund. The recent arrival of Ravishankar Raghavan from Ernst & Young deepened the practice.