The Legal 500

AZB & Partners

AZB HOUSE, PENINSULA CORPORATE PARK, GANPATRAO KADAM MARG, LOWER PAREL, MUMBAI 400 013, INDIA
Tel:
Work +91 22 6639 6880
Fax:
Fax +91 22 5639 6888
Email:
New Delhi, Mumbai, Bangalore

India

Banking and finance
Banking and finance - ranked: tier 1

AZB & Partners

Led by the ‘outstanding’ Bahram Vakil, AZB & Partners’ banking and finance team provides services covering a range of financial products to corporate and private equity clients. The ‘creative and well-connected team’ advised Tata Steel (as borrower) on a INR228bn term loan facility for the construction of an integrated steel plant. It also acted for International Finance Corporation on a $85m loan to DHFL relating to a low-cost housing project and portfolio of green mortgages. Gautam Saha and Madhurima Mukherjee are the key names. Clients also include Essar Oil and Bharat Petroleum Corporation.

Leading individuals

Ashwin Ramanathan - AZB & Partners

Bahram Vakil - AZB & Partners

Zia Mody - AZB & Partners

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Capital markets
Capital markets - ranked: tier 1

AZB & Partners

AZB & Partners’ ‘top-rate’ practice covers debt and equity transactions including public offerings, qualified institutional placements (QIPs) and rights offerings of denominated securities in domestic and international markets. On the international front, the group has been active handling American depositary receipts (ADRs), global depository receipts (GDRs) and foreign currency convertible bonds (FCCBs). In a recent work highlight the team advised Rolta LLC on its issue of senior notes aggregating to $200m, under Rule 144A, which was one of the first guaranteed by an Indian company. The roster of clients includes IRFC, Tata Motors, Citigroup and Thomas Cook (India). Zia Mody, Varoon Chandra and Shameek Chaudhuri are noteworthy practitioners.

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Corporate and M&A
Corporate and M&A - ranked: tier 1

AZB & Partners

Praised for its ‘business excellence and understanding of clients’ needs’, the team at AZB & Partners provides ‘pragmatic and precise advice which is always straight to the point’. The team advised Tata Power on the acquisition of a 40% stake in Adjaristsqali Netherlands, and Bharti Airtel on its $10.7bn acquisition of the pan-African operations of Zain from telecoms company MTC. Other clients include Vedanta Resources, Reliance Industries, JFE Steel Corporation and Fortis Healthcare. Zia Mody and Sameek Chaudhuri are highly recommended. Shuva Mandal left for Shardul Amarchand Mangaldas & Co.

Leading individuals

Ajay Bahl - AZB & Partners

Percival Billimoria - AZB & Partners

Zia Mody - AZB & Partners

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Dispute resolution
Dispute resolution - ranked: tier 1

AZB & Partners

Without doubt, a powerhouse in the dispute resolution arena, AZB & Partners is adept in commercial litigation and arbitration. Percival Billimoria and Rajendra Barot are highly recommended. Clients include Fairfax, Boeing, Nalanda Capital and General Atlantic.

Leading individuals

Percival Billimoria - AZB & Partners

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Intellectual property
Intellectual property - ranked: tier 3

AZB & Partners

AZB & Partners’ team manages trade mark and patent portfolios for domestic and international clients. The group also has contentious experience. Clients include Dell, Bacardi and Unilever. Akhilesh Rai and Nandan Pendsey are the names to note.

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Investment funds
Investment funds - ranked: tier 2

AZB & Partners

The team at AZB & Partners has experience in structuring and setting up a variety of funds. It is also experienced in related tax planning and regulatory matters. The ‘influential’ Zia Mody leads the team.

Leading individuals

Zia Mody - AZB & Partners

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Projects and energy
Projects and energy - ranked: tier 2

AZB & Partners

AZB & Partners’ practice has extensive experience in oil and gas, power, telecoms and mining projects, and also financing matters. Shameek Chaudhuri and projects expert Bahram Vakil are the names to note.

Leading individuals

Bahram Vakil - AZB & Partners

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Real estate and construction
Real estate and construction - ranked: tier 2

AZB & Partners

AZB & Partners’ team, led by Nohid Nooreyezdan, advises on the purchase, leasing, licensing arrangements, and sale and lease-back arrangements of commercial and residential property. Clients include developers, lenders, borrowers and investors. Kalpana Merchant left for P&C Legal.

Leading individuals

Kalpana Merchant - AZB & Partners

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TMT
TMT - ranked: tier 1

AZB & Partners

AZB & Partners has notable experience across the practice area, with particular strength in the media and entertainment sectors. Recent work includes acting for News Corporation in its acquisition of Mosaic Media Ventures. The firm also has telecoms experience, and advised Bharti Airtel on the sale of its passive infrastructure business. The key names are Gautam Saha and Srinath Dasari. Shuva Mandal has joined Shardul Amarchand Mangaldas & Co.

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Tax
Tax - ranked: tier 1

AZB & Partners

AZB & Partners has significant expertise across a variety of matters including corporate tax planning, tax advisory work and transactional tax issues in a range of sectors. Clients include 21st Century Fox, Amazon and InterGlobe Aviation. Managing partner Ajay Bahl leads the team; direct tax lawyers Sunil Agarwal and Ravi Prakash are also recommended.

Leading individuals

Ajay Bahl - AZB & Partners

Percival Billimoria - AZB & Partners

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Further information on AZB & Partners

Please choose from this list to view details of what we say about AZB & Partners in other jurisdictions.

India

Offices in Bangalore, New Delhi, and Mumbai

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