The Legal 500

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

Trilegal is recommended for its ‘excellent industry knowledge’. It advised Standard Chartered as lead arranger of a $7.5bn acquisition facility and a $2bn bridge facility for Bharti Airtel’s acquisition of Zain’s African telecom business. Other clients include Axis Bank and State Bank of India. Karan Singh is ‘first rate’.

Within Capital markets: Mumbai, Trilegal is a third tier firm,

Trilegal acted as local counsel for DSP 
Merrill Lynch, Morgan Stanley, Enam Securities and UBS Securities on the QIP of Exide Industries. It also acted as the domestic legal counsel to Ramky Infrastructure in its IPO of equity 
shares. Srinivas Parthasarathy is recommended.

Within New Delhi, Trilegal is a third tier firm,

Trilegal is a ‘truly outstanding outfit’, which handles most of its financing work out of Mumbai, but where the New Delhi office regularly assists on transactions.

Within Mumbai, tier 4

Trilegal’s ‘excellent’ team advised Thomson Reuters on its acquisition of Pangea3 and acted for ORKLA on its acquisition of Rasoi Magic Foods. Sridhar Gorthi is recommended.

Within New Delhi, Trilegal is a third tier firm,

Trilegal is regularly involved in significant transactional mandates as well as ongoing commercial advisory work for a strong roster of corporates. Anand Prasad advised SAPA on its acquisition of Alufit India Private. On the private equity side, the firm’s experience includes 
various energy transactions, including acting for Berkeley Energy and Berkeley Energy Hydro Mauritius on investing into a hydroelectric project in Shimla.

Within New Delhi, Trilegal is a third tier firm,

Sitesh Mukherjee is the lynchpin of the practice at Trilegal, which advises on a broad range of corporate and commercial disputes for domestic and international clients. He recently represented Unitech in Singapore arbitration over a shareholder dispute. Other clients include Tata Power, Mumbai International Airport, Campari International and Chemtura.

Within Mumbai, tier 4

Trilegal advised State General Reserve Fund of the Sultanate of Oman on a proposed 
private equity fund in India. It also advised Clearwater Capital Partners on its investment 
in Jamna Auto Industries.

Within Leading firms in Bangalore, Trilegal is a first tier firm,

Trilegal advised Reva Electric Car Company on selling a 55.2% stake in the company to the Mahindra and Mahindra Group. It also advised Norwest Venture Partners, IDG Ventures India and Caplan Ventures on their investment into iProf Learning Solutions. Ajay Raghavan is recommended.

Within Legal market overview,

While foreign firms are not permitted to establish offices on the ground, many have a focus on India, with an increasing number having dedicated India teams, and routinely 
have informal referral relationships with 
domestic firms. While Allen & Overy LLP 
retains a strong referral relationship with
Trilegal, a number of other so called 
“best friends” relationships between firms have been loosened as cross-referral work has 
dried up and the anticipated liberalisation of 
the market seems a more distant prospect. Clifford Chance’s termination of its 
“best friends” relationship with AZB & Partners is arguably the most high-profile casualty, although the firms remain on good terms.

Within Mumbai, Trilegal is a second tier firm,

Trilegal’s New Delhi office leads on the majority of projects instructions but the Mumbai team is experienced in advising on a variety of power projects.

Within New Delhi, Trilegal is a first tier firm,

Trilegal’s broad-ranging practice advises on regulations, development and financing for energy and transport infrastructure projects. Akshay Jaitly is increasingly prominent in renewables and recently advised CLP India on the establishment of a 39.6MW wind power project in Hara, Karnataka. The ‘practical’ Sitesh Mukherjee is also well regarded and represented Jal Power on drafting and negotiating a long-term power purchase agreement with Tata Power for the sale of 75MW power from its 120MW hydro-power plant in Sikkim.

Within New Delhi, Trilegal is a third tier firm,

Trilegal handles a significant amount of financing work out of its Mumbai office, and represents a sizeable roster of real estate 
fund clients. Real estate is not a core area of 
focus for the New Delhi office, but it often contributes projects-related expertise. Sitesh Mukherjee is the principal contact.

Within Mumbai Leading individuals: India

Within New Delhi, Trilegal is a third tier firm,

Trilegal has an excellent reputation for telecoms regulatory work, although the Bangalore office handles the bulk of work.

Within New Delhi Other recommended firms