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Phoenix Legal

1-3 FLOOR, 254 ,, OKHLA PHASE 3, NEW DELHI, 110020, INDIA
Tel:
Work +91 11 4983 0000
Fax:
Fax +91 11 4983 0099
Email:
Web:
www.phoenixlegal.in
Chennai, Mumbai, New Delhi

India

Antitrust and competition
Antitrust and competition - ranked: tier 3

Phoenix Legal

The competition and antitrust practice at Phoenix Legal has experience assisting clients in enforcement, investigations and merger control advice. Co-founders, Manjula Chawla, Saket Shukla  and Abhishek Saxena jointly lead the practice.

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Banking and finance
Banking and finance - ranked: tier 2

Phoenix Legal

Project finance instructions are a cornerstone area of expertise at Phoenix Legal. The team's client base includes investors, project sponsors, banks and financial institutions, and the group handles matters from the oil and gas, power, renewable energy, and real estate sectors, to name a few. Sawant Singh and Abhishek Saxena jointly head the practice, and Aditya Bhargava is also recommended.

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

Phoenix Legal

Phoenix Legal has notable expertise in handling investment, corporate, governance and regulatory matters for clients in the financial services, information technology, manufacturing, and infrastructure sectors. Recent work includes advising Quaker Chemical Corporation on the acquisition of the 45% stake in Quaker Chemical India, a joint venture company with Asianol Lubricants, following the latter company's exit from the joint venture. Saket Shukla and Abhishek Saxena are key names to note in the team.

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Dispute resolution
Dispute resolution - ranked: tier 2

Phoenix Legal

Phoenix Legal reports an increase in aviation and bankruptcy and insolvency disputes; in one example, the team is representing the Federation of Indian Airlines in a public interest litigation concerning aviation regulations. Key names in the team include Jyoti Singh, who handles shareholder disputes, insolvency and bankruptcy, and debt recovery matters; Mrinal Ojha, whose areas of expertise include construction and engineering matters; and Trinath Tadakamalla, who is noted for representing clients from the engineering, energy, and insurance sectors.

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Insurance
Insurance - ranked: tier 4

Phoenix Legal

Phoenix Legal's insurance and reinsurance sector practice is primarily acknowledged for its strength in handling insurance disputes. Saket Shukla,  Trinath Tadakamalla and Mrinal Ojha jointly lead the team which counts Bajaj Allianz General Insurance, Bharti Axa General Insurance and New India Assurance among its clients.

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Labour and employment
Labour and employment - ranked: tier 4

Phoenix Legal

The employment team at Phoenix Legal frequently advises companies on a range of matters arising from transactions, as well as providing ongoing advisory support from drafting employment documentation to handling termination of employees. Saket Shukla led a team advising Volaris Group on the pre-acquisition diligence of the Indian subsidiary of Sicap Schweiz. Monster Energy Company and Covance Inc are clients.

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Projects and energy
Projects and energy - ranked: tier 2

Phoenix Legal

Phoenix Legal's practice is widely recognised for its strength in handling work from the infrastructure, water, oil and gas, LNG, power and energy sectors, and is adept at assisting clients with the project financing aspects of mandates. Key clients include Petronet LNG and the US Trade and Development Agency. Delhi-based Abhishek Saxena has significant expertise in cross-border M&A matters, while Pranav Srivastava handles a range of infrastructure, oil and gas, power and EPC matters. Mumbai-based Sawant Singh is the key name for project finance mandates.

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Real estate and construction
Real estate and construction - ranked: tier 4

Phoenix Legal

The real estate department at Phoenix Legal handles a range of contentious and non-contentious matters. The team advised Godrej Skyline Developers on its acquisition of 59 acres of land in Pune for the purpose of development of a residential project. Saket Shukla, Siddharth Hariani and Abhishek Saxena are key names to note.

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Restructuring and insolvency
Restructuring and insolvency - ranked: tier 2

Phoenix Legal

The restructuring team at Phoenix Legal advises clients in insolvency proceedings, M&A transactions and litigation. Boasting particular expertise in cross-border matters, Abhishek Saxena  (based in New Delhi) led a team advising the Bank of New York Mellon on the corporate insolvency resolution process of Essar Steel India. The group is also representing Chhaparia Industries in its insolvency application before the national company law tribunal. Mumbai-based Jyoti Singh is another key name to note, particularly for contentious matters.

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TMT
TMT - ranked: tier 3

Phoenix Legal

The TMT practice at Phoenix Legal counts Groupon and NTT Communications Corporation among its clients. The team recently advised Volaris Group on due diligence aspects relating to its acquisition of the Indian subsidiary of Sicap Schweiz AG. In another work highlight, Manjula Chawla led a team assisting Dell International Services India on contractual and regulatory issues.

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Tax
Tax - ranked: tier 4

Phoenix Legal

The taxation group at Phoenix Legal assists its clients with a range of strategic and transactional tax advice. The team was instructed by Swiss company Sportradar AG on several matters including benefits under the applicable Double Taxation Avoidance Agreement. Abhishek Saxena and  Pranav Srivastava jointly head the team which also advises HPCL Shapoorji Energy, AmpMe and  Bank of America Merrill Lynch.

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Further information on Phoenix Legal

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

India

Offices in New Delhi, Mumbai, and Chennai

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 .
  • Singh & Associates' (S&A) Founding Partner, Manoj K Singh, awarded with ‘Special Recognition...

    Singh & Associates' (S&A) Founding Partner, Manoj K Singh, awarded with ‘Special Recognition for Service to the Legal Profession’ at Achiever’s Awards 2019
  • GSTing till 2019 and ahead!!

    With the implementation of GST two years back, India has seen one of the biggest tax reforms for the growth and revival of its economy. Post the journey of peaks & troughs, the GST regime is finally settling in to the needs of business cycle. The Government, with the theme of promoting ‘ Ease of Doing Business ’, is trying hard to make this reform simpler, business friendly and transparent in its functioning. Such measures can also be seen during this year’s budget speech of our Hon’ble Finance Minister, wherein announcements were made towards the simplification of GST.
  • Ld’ Adjudicating Authority dismisses the Application under Section 7 by ICICI Bank against Hyderab

    Ld’ Adjudicating Authority dismisses the Application under Section 7 by ICICI Bank against Hyderabad Ring Road Projects Private Limited a Special Purpose Vehicle related to Era Infra Engineering Limited.
  • Singh & Associates' (S&A) Founding Partner, Manoj K Singh, wins “Dispute Resolution Lawyer...

    Singh & Associates' (S&A) Founding Partner, Manoj K Singh, wins “Dispute Resolution Lawyer of the Year” Award at Indian Legal Awards 2018-19, Legal Era
  • Sulphur Cap Ahead - Regulatory

    Sulphur Cap Ahead - Regulatory
  • GTDT Shipping - India

    Mr Shardul Thacker heads the shipping, oil and gas and banking practice group at Mulla & Mulla & Craigie Blunt & Caroe. Lloyd’s List ranked him third in their top 10 lawyers stating: “Highly regarded for his work in the liquefied natural gas sector, particularly for interesting and highly geared finance deals in relation to infrastructure projects, energy, ports and ships.” india_-_gtdt_shipping_
  • Chambers Guides - Insurance 2018 - India

    India is a common-law jurisdiction. In general, Indian laws borrow heavily from, and are based on, English law. However, insurance law in India has certain unique features that deviate from English insurance law. The primary legislation of insurance law in India is the Insurance Act, 1938 (the “Insurance Act”) and the Insurance Rules, 1939 (the “Insurance Rules”).
  • Transport Finance Review - India

    The transportation industry – aviation, shipping and rail – has been predominantly owned by government entities since India’s 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.
  • International Arbitration Review - India

    The Arbitration and Conciliation Act, 1996 (Act) provides the framework for arbitration and conciliation in India. Drafted on the basis of the UNCITRAL Model Law, it is divided into four parts. Each part governs a different aspect of the arbitration and conciliation process: a Part 1 governs commercial arbitration; b Part 2 governs the enforcement of certain foreign awards; c Part 3 governs conciliation; and d Part 4 contains supplementary provisions (regarding the power of the court to make rulings, etc.). The Act 2 was recently amended in 2016 with an aim to make it more robust by plugging the lacunae that existed in the original legislation.