The Legal 500

ALMT Legal

4TH FLOOR, EXPRESS TOWERS, NARIMAN TOWERS, MUMBAI 400 021, INDIA
Tel:
Work +91 22 4001 0000
Fax:
Fax +91 22 4001 0001
Web:
www.almtlegal.com
Email:

What we say about the firm's legal practice in India

Aviation

Within Mumbai, ALMT Legal is a second tier firm,

Sameer Tapia’s team at ALMT Legal recently advised an international airline before the Competition Commission of India in a claim made by the Travel Agents Association of India.

Banking, finance and capital markets

Within Banking and finance: Mumbai, tier 5

ALMT Legal advised a leading international brokerage firm on restructuring its Indian stockbroking arm, including advising on income tax, SEBI and foreign investment laws. Aliff Fazelbhoy heads the four-partner team, which also includes Ryna Karani.

Within Capital markets: Mumbai, tier 5

ALMT Legal acted as counsel to the issuer, Flexituff International, on its INR1.5bn IPO. It also advised a leading US financial services company on the securities and banking laws affecting its group companies in India. Bangalore-based S R Arun and Dhanya Menon head the practice. Aliff Fazelbhoy and Ryna Karani are the key contacts in Mumbai.

Within New Delhi Leading individuals: Banking and finance: India

Corporate/M&A

Within Mumbai, tier 4

The ‘strong’ team at ALMT Legal advised the Compass Group on the INR470m acquisition of Vipul Facilities Management and acted for an Indian entity on the proposed acquisition of a listed company. Aliff Fazelbhoy heads the seven-partner practice.

Dispute resolution

Within Mumbai, tier 4

The ‘brilliant’ team at ALMT Legal is advising Sumitomo Heavy Industries in a claim against ONCG before the Supreme Court of India. 
Other matters include advising Zee Sports in arbitration proceedings in India, Singapore and London. Hitesh Jain heads the five-partner team.

Investment funds

Within Mumbai, ALMT Legal is a third tier firm,

ALMT Legal advised Reliance Equity Advisors on its INR10m investment in Shankara Infrastructure Materials and advised the private equity arm of Goldman Sachs on its joint investment into a non-banking financial 
company set up in India. Aliff Fazelbhoy heads the five-partner practice. Sakate Khaitan, 
formerly head of the team, moved to 
breakaway firm Clasis Law.

Leading firms in Bangalore

Within Leading firms in Bangalore, ALMT Legal is a first tier firm,

ALMT Legal is a ‘strong player in the Bangalore market’, and is particularly renowned for its corporate and IP practices. Notable recent instructions include advising a selling entity on the demerger of its online tutoring business. It also advised Siddhartha Resorts and Foods on an investment into Siddhartha Resorts by 
Crystal Mauritius. Recommended individuals include litigation expert Prashant Popat; S R Arun, who is ‘excellent on corporate matters’; and the ‘first-rate’ Dhanya Menon.

Legal market overview

Within Legal market overview,

New firms continue to emerge as groups or individual lawyers leave larger firms; 
in 2011, perhaps the most notable of these 
was Mumbai-based Clasis Law, which was 
formed following a breakaway from ALMT Legal.

Real estate

Within Mumbai, ALMT Legal is a third tier firm,

ALMT Legal advised the Kumar Company on the title of various properties totally across the city of Pune. It also represented 9-Globe Industries in acquiring land in Mumbai for the purposes of redevelopment. Sameer Tapia, Hitesh Jain and Bangalore-based Prashant Popat are the team’s key individuals.

Shipping

Within Mumbai, ALMT Legal is a second tier firm,

ALMT Legal’s clients include Meadway Shipping, GESEACO and CTI Group. Ananjan Mitter heads this ‘strong’ team. Gautam Bhatikar recently joined the firm from Paras Kuhad & Associates.

TMT

Within Mumbai, ALMT Legal is a second tier firm,

ALMT Legal represents media groups such as Lokmat and Sakal Papers, as well as a number of film actors and actresses such as Divya Dutta and Suniel Shetty. Hitesh Jain and SR Arun head the team.

Tax

Within Mumbai, ALMT Legal is a third tier firm,

ALMT Legal recently advised an Indian company on service tax and excise issues 
relating to the transformation of high-tension-electricity into low-tension electricity. It also 
acted for the Indian subsidiary of a Swiss multinational on numerous excise issues. 
Aliff Fazelbhoy and Statira Ranina are recommended.

Within New Delhi Leading individuals: India


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