Saraf and Partners > New Delhi, India > Firm Profile

Saraf and Partners
THE LEELA PALACE
DIPLOMATIC ENCLAVE, CHANAKYA PURI
NEW DELHI
India

India > Corporate and M&A Tier 1

Through leveraging its extensive expertise across the M&A and general corporate advisory departments, Saraf and Partners advises on regulatory compliance, complex restructurings, and investment agreements. The team has in-depth experience of representing Indian and global clients on mergers, takeovers, and acquisitions, as well as demonstrating considerable strength in handling commercial contract matters. Based out of New Delhi, Mohit Saraf and Vaibhav Kakkar specialise in dealing with distressed M&A and foreign investment issues, whilst from Bengaluru, Vikrant Kumar is an expert on cross-border transactions. Bikash Jhawar operates out of Mumbai, focusing on investments and joint ventures, Rohan Shah concentrates on strategic alliances, and Akshay Jain advises on leveraged buyouts.

Practice head(s):

Mohit Saraf; Bikash Jhawar; Vikrant Kumar; Vaibhav Kakkar

Other key lawyers:

Arjun Rajgopal; Rohan Shah; Nipun Vaid; Akshay Jain; Snigdhaneel Satpathy; Sahil Arora; Vivek Pareek

Testimonials

‘Some factors that make their team exceptional and unique are as follows: (i) accurate and apt advice (ii) thorough and deep-down understanding of subject (iii) timely manner (iv) availability for discussions.’

‘I have worked with Vaibhav Kakkar and Sahil Arora. They both are the subject matter experts in FEMA, Acquisition Transactions, merger and SEBI etc.’

‘Sahil has been our trusted advisor over the course of last few years. His support and assistance on all our regulatory issues and the transactional deals has been absolutely exemplary, with his commitment, responsiveness and readiness to deliver on tight deadlines being extremely appreciated.’

‘Saraf & Partners, have been our go to law firm for all our transactional and most of our advisory matters. Since its establishment, within such a short time, they have come to be regarded as one of the leading law firms in India in the M&A practice. They have an active and highly regarded Mergers & Acquisitions, Joint Ventures, & Private Equity practice, encompassing every aspect of the vertical, including public and private mergers & acquisitions, private equity and venture capital investments, joint ventures, corporate and commercial transactions, stock purchase and asset purchase, post-merger integration, entry &exit strategies, and mergers and de-mergers.’

‘I believe their strength lies in their team of experienced, well-trained and qualified lawyers, who integrate their skills to provide comprehensive legal advice and strategy on complex commercial issues that meet our needs and expectations. Their Partners bring hands-on expertise and a client-first approach to each transaction from a strategic perspective. Their best quality is their ability to appreciate that no two transactions are the same and rendering bespoke advice to assist us in meeting our business objectives.’

‘Snigdhaneel who is their partner in the M&A team, is one of the stars of the M&A and regulatory affairs in India. With his extensive experience, belying his years, he has undertaken some of the largest and most complex M&As in India. We have been particularly impressed with his ability to navigate the extremely complex regulatory landscape of a listed company acquiring a cross border entity in a cash and stock swap deal, with multiple institutional investors. His guidance and inputs in steering the transaction amongst multiple competing commercial interests was extremely commendable.’

‘Vaibhav is one of the leading figures in M&A in India. His strategic inputs and guidance, particularly in areas where the law is nebulous makes him stand out amongst his peers. Vaibhav’s ability to traverse the myriads of commercial issues to devise the most optimum structure for a transaction, while bearing the client’s requirements in mind, is praiseworthy. Vaibhav is also one of the stars in regulatory affairs in India. With his specialised focus on fintech laws, he has undertaken some of the most cutting-edge work in this space- right from when the sector was in its nascent stage, till now.’

‘Strong personal relationship of managing partner going out of the way to be flexible and offering innovative solutions.’

Key clients

Fortis Healthcare

Viatris Inc./ Mylan Inc. (Viatris)

Vedanta Group

Government of India (GOI) through Department of Investment and Public Asset Management, Ministry of Finance (DIPAM)

Zomato Limited

Razorpay Software Private Limited and Razorpay Inc.

Ferns N Petals Private Limited

V-Mart Retail Limited

Federal bank Limited

Ultratech Cements

NTT DATA group

ArcelorMittal

Info Edge (India) Limited

Play Games 24×7 Private Limited

India > Capital markets Tier 2

Saraf and Partners' practice regularly assists corporates and investors across the industrial, aviation, agrochemical, healthcare, telecoms, mining, railway and banking sectors throughout India. Mohit Saraf heads up the practice and has significant experience in capital market transactions and expertise in IPOs, follow-on offerings and convertible bonds. Equity and debt transactional specialist Murtaza Zoomkawala regularly assists issuers and underwriters with a variety of securities offerings. Abir Lal Dey and Satadru Goswami are the other key individuals.

Practice head(s):

Mohit Saraf; Murtaza Zoomkawala

Other key lawyers:

Testimonials

‘I and the team interacted with Murtaza Zoomkawala on the assignment. For us, Murtaza was available all the time. He is knowledgeable, professional and proactive in approach. I am pleased with his professionalism and the overall approach.’

‘Young team with good work ethics and skills.’

‘Ability to deliver consistently under pressure.’

Key clients

Anant Investments (The Carlyle Group)

Ambit Private Limited

Quick Heal Technologies Limited

JSW Infrastructure Limited

LIC Housing Finance Limited

Axis Finance Limited

Adani Enterprises

Indus Towers Limited

India > Fintech and financial services regulatory Tier 2

Saraf and Partners is a key destination for leading corporates, banks and industry players in need of regulatory compliance advice and assistance with their tech-based offerings. Founding partner Mohit Saraf leads the practice alongside Vaibhav Kakkar, who has deep experience of structuring transactions and product offerings for the clients in the fintech arena. Sahil Arora frequently assists payment institutions, online marketplaces and technology companies on the contractual structuring of new products. Keshav Pareek handles complex transactional and advisory work in the fintech space.

Practice head(s):

Mohit Saraf; Vaibhav Kakkar

Other key lawyers:

Key clients

Razorpay

Google

Zomato

Meesho

Uni

Airplus – Lufthansa

Epic Games

Play Games24x7

V-Mart

Bill & Melinda Gates Foundation

Work highlights

  • Providing fintech arrangements and fintech-related advisory work for Google.
  • Providing fintech arrangements and fintech-related advisory work for Meesho.
  • Advising Zomato on various fintech matters as well as M&A transactions in the fintech space.

India > Life sciences and healthcare Tier 2

Saraf and Partners advises an array of global pharma clients including Mylan and Viatris on regulatory issues relating to marketing approvals, drug manufacturing, and distribution, as well as private equity deals and M&A, including distressed acquisitions and restructurings. The team also has expertise in tech, allowing it to advise a range of medtech and medical devices companies, as well as on investments in these sectors. Mohit Saraf and Vaibhav Kakkar , who are both experienced transactional advisers with notable healthcare and life sciences regulatory experience, head up the team, with Vikrant Kumar also a key name for tech and product licensing. All lawyers named are based in New Delhi.

Practice head(s):

Mohit Saraf; Vaibhav Kakkar

Other key lawyers:

Key clients

Fortis Healthcare

Viatris Inc./ Mylan Inc. (Viatris)

Vedanta Group

Takeda Pharmaceuticals India Private Limited

Carlyle Group

Work highlights

  • Advised Viatris on the sale of its global biosimilars assets to Biocon Biologics Limited.

India > Projects and energy Tier 2

The team at Saraf and Partners is well-versed in assisting clients drawn from the infrastructure, energy, and natural resources sectors with EPC contracts, negotiating power purchase agreements, and equity investments. The group assists developers, contractors, and financial institutions with the whole spectrum of regulatory, compliance and development issues concerning high-profile infrastructure projects. Practice co-head Mohit Saraf, based in New Delhi, has extensive experience of advising on infrastructure matters within the energy and aviation sectors. In Mumbai, practice co-head Bikash Jhawar handles complex renewable energy work and M&A transactions.

Practice head(s):

Mohit Saraf; Bikash Jhawar

Other key lawyers:

Alok Shankar; Rohit Raghavan; Abir Lal Dey; Satadru Goswami

Key clients

JSW Group

LIC Housing Finance Limited

State Bank of India

SBI Capital Markets Limited

Adani Group

Shapoorji and Pallonji Group

Maharashtra State Road Development Corporation Limited

Indus Towers Limited (Formerly Bharti Infratel Limited)

Mizuho Bank, Ltd., MUFG Bank, Ltd., GIFT Branch

Sumitomo Mitsui Banking Corporation Singapore Branch

Home Credit India Finance Private Limited

Union Bank of India

Credit Saison Group

Blackstone Group

Indiabulls Group

Vedanta Group

GMR Group

ICICI Bank Limited

Axis Bank Limited

IndusInd Bank

Kotak Mahindra Bank Limited

Kotak Infrastructure Debt Fund

Aseem Infrastructure Limited

Aditya Birla Finance Limited

Aditya Birla Renewables

Radiance Renewables

AMP Solar

ReNew Group

National Asset Reconstruction Company Limited

Grant Thornton

Deloitte

Bank of India

Bank of Baroda

BOB Capital Markets Limited

IDBI Bank Limited

IDBI Capital Market Services Limited

IndInfravit Trust

Avaada Group

US-EXIM Bank

Mitsubishi UFJ Financial Group

Xander Group

Work highlights

  • Advised the State Bank of India in relation to the financing of the Navi Mumbai International Airport.
  • Assisted LIC Housing Finance Limited as issuer, and Catalyst Trusteeship Limited as trustee, with the issuance of non-convertible debentures, with an aggregate value of USD 4.9 billion, on a private placement basis.
  • Advised Kutch Copper Limited (“KCL”) on a construction finance matter, involving a syndicated club loan of US$743 million from a consortium of banks led by State Bank of India.

India > Restructuring and insolvency Tier 2

The team at Saraf and Partners is headed by founder and managing partner Mohit Saraf, alongside senior figures Bikash Jhawar and Manmeet Singh. With considerable experience in this area, the firm frequently advises insolvency resolution professionals, bidders, and lenders. The team is particularly skilled at handling high-value insolvencies and commercial liquidations. Abhishek Swaroop and Abir Lal Dey are both noted for their contribution to some of the firm’s most significant cases.

Practice head(s):

Mohit Saraf; Bikash Jhawar; Manmeet Singh

Other key lawyers:

Key clients

Grant Thornton

Deloitte India IPE

Adani Power Limited

EY Restructuring LLP

Bank of India

IDBI Bank

JSW Steel Limited

Power Finance Corporation – REC Power Development and Consultancy Limited

Pristine Malwa Logistics Group, backed by Global Infrastructures Partners

JSW Infrastructure Limited

Union Bank of India

Bank of Baroda

Central Bank of India

State Bank of India

Axis Bank Limited

Yes Bank Limited

ArcelorMittal group

Flight Simulation Technique Centre Private Limited, along with Imperial Capital Investments LLC and Big Charter Private Limited

Work highlights

  • Advising the banks and financial institutions in their capacity as financial creditors in the committee of creditors of Future Retail Limited in its ongoing corporate insolvency resolution process.
  • Advised the Resolution Professional for Bhushan Steel Limited (BSL) in its acquisition by Tata Steel Limited [TSL].
  • Advised the consortium of ArcelorMittal and Nippon Steel in their acquisition of Essar Steel through the insolvency resolution process.

India > Antitrust and competition Tier 3

With established strength in handling merger control matters before the CCI, Saraf and Partners‘ broad competition law expertise also includes matters involving cartels, abuse of dominance allegations, leniency applications and compliance work. The team's client base includes manufacturing, financial services, automotive, retail, telecoma, e-commerce, aviation and healthcare companies. Firm founder Mohit Saraf and Akshayy Nanda co-head the practice from New Delhi, drawing on decades of combined experience in the field to assist with a range of competition law matters. Neha Mishra, who joined from Gaggar & Partners in June 2022, often represents clients before the CCI, the High Courts and the Supreme Court.

Practice head(s):

Mohit Saraf; Akshayy Nanda

Other key lawyers:

Key clients

Viatris

Bank of Baroda

AGI Greenpac Limited

Competition Commission of India

Batra Hospital and Medical Research Centre

Play Games 24×7

Info Edge India Limited

Work highlights

  • Advised Viatris on obtaining approval from the CCI regarding the sale of its global biosimilars business to Biocon Biologics Limited for $3.3bn.
  • Represented AGI Greenpac Limited before the CCI in relation to the acquisition of a 100% stake in Hindusthan National Glass & Industries Limited.
  • Represented the Bank of Baroda before the CCI in relation to the acquisition of a 21% stake in India First Life Insurance Company Limited.

India > Banking and finance Tier 3

Saraf and Partners’ banking and finance team has an impressive track record of handling complex and high-value financing transactions and debt restructurings, both domestic and international. Mohit Saraf and Bikash Jhawar co-head the team and regularly advise clients on syndicated loans and project financing transactions. Rohit Raghavan and Abir Lal Dey are well renowned for their expertise in trade finance and real estate financing matters. Other key members include Satadru Goswami and banking law expert Priyamvada Haridas.

Practice head(s):

Mohit Saraf; Bikash Jhawar

Key clients

JSW Group including JSW Infrastructure and JSW Steel

LIC Housing Finance Limited

State Bank of India

SBI Capital Markets Limited

Adani Group including Adani Power, Adani Enterprises, Adani Electricity, Adani Airport, Adani Ports and SEZ, Adani Green, Adani Transmission.

Shapoorji and Pallonji Group

Maharashtra State Road Development Corporation Limited

Indus Towers Limited (Formerly Bharti Infratel Limited)

Mizuho Bank, Ltd., MUFG Bank, Ltd., GIFT Branch

Sumitomo Mitsui Banking Corporation Singapore Branch

Home Credit India Finance Private Limited

Union Bank of India

Credit Saison Group

Blackstone Group

Indiabulls Group

Vedanta Group

GMR Group

ICICI Bank Limited

Axis Bank Limited

IndusInd Bank

Kotak Mahindra Bank Limited

Kotak Infrastructure Debt Fund

Aseem Infrastructure Limited

Aditya Birla Finance Limited

Aditya Birla Renewables

Radiance Renewables

AMP Solar

ReNew Group

National Asset Reconstruction Company Limited

Grant Thornton

Deloitte

Bank of India

Bank of Baroda

BOB Capital Markets Limited

IDBI Bank Limited

IDBI Capital Market Services Limited

IndInfravit Trust

Avaada Group

US-EXIM Bank

Mitsubishi UFJ Financial Group

Xander Group

Work highlights

  • Advised LIC Housing Finance Limited (Issuer) and Catalyst Trusteeship Limited (Debenture Trustee) on the shelf issuance of fully paid, senior, rated, listed, secured, redeemable, non-convertible debentures.
  • Advised Kutch Copper Limited on its tying down of construction finance lines of $743m from a consortium of banks led by the State Bank of India for the syndicated club loan.
  • Assisted State Bank of India, security trustee and the Adani team with managing the transaction and conducting due diligence on the project and the company.

India > Real estate and construction Tier 4

Saraf and Partners provides comprehensive legal advice across various types of transactions in the real estate sector, ranging from residential, commercial and industrial leases, to title diligence on property, development agreements, joint development agreements, and RERA related matters. The firm’s real estate practice has been furthered strengthened by both the alliance with SRGR Law Offices, and the inclusion of renowned renewable energy players as well as warehousing and logistics giants to its client portfolio. Mohit Saraf heads the construction and real estate practice, and routinely represents major corporate clients in various courts and tribunals. Saroj Jha advises foreign investors on entry routing, title searches, due diligence, drafting and vetting of various transaction documents, while Ravi Bishnoi is entrusted by owners, developers, and investors on complex corporate agreements such as collaboration agreement and joint development. Ketan Khare's expertise ranges from property and corporate due diligence to commercial and industrial properties, including townships, SEZs and IT Parks.

Practice head(s):

Mohit Saraf; Saroj Jha; Ravi Bishnoi

Other key lawyers:

Testimonials

‘The team is knowledgeable, diligent and provides good service with excellent advice.’

‘Ravi Bishnoi is our go-to lawyer for real estate projects in North India. He is highly experienced and very responsive, provides well-rounded advice, and is fantastic in ensuring deployment of resources to ensure timely delivery.’

‘Ketan Khare is a pleasure to work with. He is very diligent, responsive and provides clear and practical advice.’

Key clients

Renew Power Private Limited

O2 Power Private Limited

Welspun One Logistics Parks

Zomato

Silverglades Group

National Capital Region Transport Corporation

Keystone World Private Limited

Chakradev Kutir Private Limited (RDB Group), Indiabulls Housing Finance Limited

Padmasiddh Developers Private Limited (House of Abhinandan Lodha)

Godrej Properties Limited

Ambale Industrial and Logistics Parks Private Limited, a group company of Welspun Group

Metro Satyam Builders LLP

Distribution and Logistics Private Limited

Bombay Brigade Urban Housing Solutions Limited

Aditya Birla Renewables

Bombay Panjrapole Trust

SBI Bank

Federation of Obstetrics and Gynaecological Societies of India

Bhishma Realty Limited (Thackersey Group)

Sugee Developers

K Raheja Realty Private Limited (K Raheja Group) (one of the largest real estate companies in India)

Birla Estates Private Limited

Biba Fashions Limited

Publicis Resources

Elmont Realty Private Limited (Elmont Group)

Housing Development Finance Corporation Limited

TDI Group

The Anant Raj Corporation (TARC)

Indiabulls Housing Finance Limited

Lodha Developers (House of Abhinandan Lodha Group)

Ascendas Group

ATS Infrastructure Limited (ATS)

Logix Group

Shapoorji Pallonji Group

Duet Hotels Group

Eldeco Group

Work highlights

India > Private equity and investment funds Tier 6

Praised as 'responsive and knowledgeable', the team at Saraf and Partners covers the entire private equity transaction lifecycle, spanning primary and secondary investments to exit strategies, with demonstrable experience across the infrastructure, telecommunications, healthcare, pharmaceuticals, and real estate sectors. Founder and managing partner Mohit Saraf jointly leads the team alongside Vaibhav Kakkar, who focuses on private equity mandates and cross-border transaction structuring. Other key contacts in the group include Arjun Rajgopal and Rohan Shah.

Practice head(s):

Mohit Saraf; Vaibhav Kakkar

Other key lawyers:

Testimonials

‘The extremely competent team has developed a reputation for cutting-edge legal advice, while upholding the highest standards. The PE team of S&P adopts a multidisciplinary approach for its practice, drawing on the strength of other practices to complete the most challenging investment transactions in a speedy and responsive manner.’

‘Responsive and knowledgeable.’

Key clients

Carlyle Group

Tencent Holdings Ltd

Zomato Limited

IndusInd Bank Limited

Lighthouse Funds

TR Capital

Samara Capital

Peepul Capital

Orchid Asia

Qritive Pte Ltd

Play Games 24×7 Private Limited

India > Tax

Headed up by founding partner Mohit Saraf and Lokesh Shah, the tax practice at Saraf and Partners assists clients with the tax aspects of M&A and transaction structuring, as well as transfer pricing and GST related matters.

Saraf and Partners acted for (i) LIC Housing Finance Limited and (ii) IDBI Trusteeship Services Limited in relation to the issuance of non-convertible debentures aggregating to INR 50,000 Crore (USD 6.008 Billion)

New Delhi, India, April 22, 2024: We are pleased to share that Saraf and Partners acted as the sole deal counsel to (i) LIC Housing Finance Limited

Saraf and Partners acted as the legal counsel for a consortium of 21 lenders led by Punjab National Bank, in assignment of stressed assets aggregating to INR 5650 crore availed by Simplex Infrastructures Limited

New Delhi, India, April 9, 2024: Saraf and Partners acted as the legal counsel for a consortium of 21 lenders led by Punjab National Bank (“Lenders or “Client”), in relation to the assignment of stressed assets, involving fund-based and non-fund based facilitates aggregating to approx.

Saraf and Partners Acted on the ₹4,800 Million QIP by Wockhardt

Saraf and Partners advised DAM Capital Advisors Limited, the placement agent, on the qualified institutions placement (QIP) of equity shares by Wockhardt Limited (Wockhardt) aggregating to ₹4,800 million.

Saraf And Partners Acted on the ₹4,800 Million QIP by Wockhardt

New Delhi, India, March 29, 2024: Saraf and Partners advised DAM Capital Advisors Limited, the placement agent,

Saraf and Partners Announces Abhiraj Arora as the New Partner in its Securities and Regulatory Division

New Delhi, India, March 29, 2024: Saraf and Partners is thrilled to welcome Abhiraj Arora as a new Partner in the Securities and Regulatory practice area. Bringing with him over a decade of rich experience,

Saraf and Partners in collaboration with O.P. Jindal University announces “Fali Nariman Scholarship and Annual Lecture Series”

New Delhi, India, March 21, 2024 - Saraf and Partners, a premier full-service law firm in partnership with O.P. Jindal Global University, announced the launch of “Fali Nariman Scholarship and Annual Lecture Series”.

Saraf and Partners in collaboration with O.P. Jindal University announces “Fali Nariman Scholarship and Annual Lecture Series”

New Delhi, India, March 19, 2024 - Saraf and Partners, a premier full-service law firm in partnership with O.P. Jindal Global University, announced the launch of “Fali Nariman Scholarship and Annual Lecture Series”.

Saraf and Partners Unveils New State-of-the-Art Office in Bengaluru

New Delhi, India, March 1, 2024: Saraf and Partners, a premier full-service law firm in India, is thrilled to announce its move to a new, expansive office located in Embassy Square, Vasanth Nagar, Bengaluru.

Saraf and Partners Unveils New State-of-the-Art Office in Bengaluru

Saraf and Partners, a premier full-service law firm in India, is thrilled to announce its move to a new, expansive office located in Embassy Square, Vasanth Nagar, Bengaluru.

SARAF AND PARTNERS, KHAITAN GUIDE INDIABULLS ON $445 MLN RIGHTS ISSUE

New Delhi, India, February 27, 2024: Indian law firm Saraf and Partners has guided the $445 million rights issue of Indiabulls Housing Finance, with Khaitan & Co and Linklaters advising the lead manager to the issue.

Saraf and Partners acts for counsel of CoC in CIRP of Simplex Projects Limited

New Delhi, India, February 22, 2024: Saraf and Partners acted as the legal counsel for the Committee of Creditors (CoC) led by the State Bank of India, in the Corporate Insolvency Resolution Process of Simplex Projects Limited,

Saraf and Partners, Dentons Link Legal, Hogan Lovells act on Indian Renewable Energy Development Agency Limited (IREDA) IPO

Saraf and Partners advised Indian Renewable Energy Development Agency Limited (IREDA) (the “Issuer”) and the President of India,

Saraf and Partners advised Maruti Suzuki India Limited in 100% acquisition of Suzuki Motor Gujarat Private Limited, owned by Suzuki Motor Corporation, Japan, for approximately USD 1.5 billion

Saraf and Partners advised Maruti Suzuki India Limited (MSIL) in connection with 100% acquisition of Suzuki Motor Gujarat Private Limited (SMG),

Commwiser partners with Earshot Digimedia to launch tailored podcasting solutions for lawyers

This unique collaboration will bring legal content advisory and unmatched production quality to lawyers, enabling them to engage with their target audiences in an effective manner.

Commwiser partners with Earshot Digimedia to launch tailored podcasting solutions for lawyers

This unique collaboration will bring legal content advisory and unmatched production quality to lawyers, enabling them to engage with their target audiences in an effective manner.

Saraf and Partners acts for Fortis Healthcare in sale of Fortis Malar Hospital, Chennai to MGM Healthcare for INR 128 Crores

Saraf and Partners acted for Fortis Healthcare Limited (“Fortis Healthcare”) and certain of its subsidiaries in connection with the sale of business operations along with the land and building assets pertaining to Fortis Malar Hospital situated at Gandhi Nagar,

Welcome Avirup to India’s Fastest Growing Law Firm

Saraf and Partners, a top tier legal Firm in India announces that Avirup Nag will be joining along with his entire team as a new Partner in the Firm's Projects and M&A practice.

Saraf and Partners Marks Milestone Annual Day Event and Expands Footprint in Hyderabad with Notable Partner Inductions

06th November, 2023: In an impressive convergence of legal minds, Saraf and Partners celebrated its Annual Day coupled with Diwali festivities in a grand manner, gathering lawyers, staff, and their families from its Delhi NCR, Mumbai, and Bengaluru locations.

Saraf and Partners Marks Milestone Annual Day Event and Expands Footprint in Hyderabad with Notable Partner Inductions

In an impressive convergence of legal minds, Saraf and Partners celebrated its Annual Day coupled with Diwali festivities in a grand manner,

The IBA Annual Conference in Paris takes place at the crossroads of global challenges and cutting-edge developments requiring legal solutions

Against a background of global geopolitical, economic and technological challenges, the 2023 Annual Conference of the International Bar Association (IBA) will take place in Paris, France from 29 October to 3 November.

Saraf and Partners Elevates Corporate and M&A Practice with the Arrival of Partner Ramya Suresh

Saraf and Partners proudly announces the newest addition to its esteemed team, Ramya Suresh, who joins as a Partner specializing in Corporate and M&A practice.

Saraf and Partners Elevates Corporate and M&A Practice with the Arrival of Partner Ramya Suresh

Saraf and Partners proudly announces the newest addition to its esteemed team, Ramya Suresh, who joins as a Partner specializing in Corporate and M&A practice.

Saraf and Partners acts for Viatris in divestment of its Women’s Healthcare business, and Active Pharmaceutical Ingredients (API) business in India.

02nd October, 2023: Global healthcare leader Viatris, (formerly known as Mylan), has taken a significant step towards its strategic goals by entering into agreements on October 1st to divest key business segments, including its Women's Healthcare and Active Pharmaceutical Ingredients (API) businesses. The total consideration for these divestments amounts to a substantial USD 1.2 billion.  

Saraf and Partners Bolsters its team with the addition of Dhruv Chatterjee as Partner in Corporate, M&A, and Private Equity practices

September 27, 2023, New Delhi: Saraf and Partners is pleased to welcome Dhruv Chatterjee as a Partner in the Corporate, M&A and Private Equity practice of the Firm.

Saraf and Partners Strengthens Tax Practice with the Addition of Amit Gupta as Partner

Saraf and Partners is pleased to welcome Amit Gupta as a Partner in the Tax practice.

Saraf and Partners successfully represents AGI Greenpac Limited in defending its CCI approval for acquiring HNGIL

Saraf and Partners successfully represented AGI Greenpac Limited and obtained a landmark order before the Hon’ble National Company Law Appellate Tribunal, New Delhi (NCLAT).

Saraf and Partners acts on sale by Fortis Healthcare of its hospital situated at Vadapalani, Chennai to Kauvery Hospitals

Fortis Healthcare Limited has entered into a definitive agreement with Sri Kauvery Medical Care (India) Limited for sale of its hospital (together with its business operations) situated at Arcot Road, Vadapalani, Chennai, Tamil Nadu, for a consideration of USD 18.5 million/INR 152 crores.The Arcot Road Hospital which is located on leased premises currently has 110 operational beds with a potential to scale up to 200 beds. Saraf and Partners acted for Fortis Healthcare on all aspects of the deal including structuring of the deal as well as the drafting, negotiation and finalization of the transaction documentation. Vaibhav Kakkar (Senior Partner) and Sahil Arora (Partner) led the transaction team. The transaction team also consisted of Keshav Pareek (Senior Associate), Paayas Pandit (Associate) and Niharika Rozwal (Associate). The team was ably supported by the real estate team led by Saroj Kumar Jha (Senior Partner) and Vikram Gupta (Principal Associate). The aforesaid divestment and sale of Arcot Road Hospital is part of Fortis Healthcare’s ongoing portfolio rationalization strategy in order to focus on deepening its presence in select geographic clusters where it has a sizeable presence. For Kauvery, the acquisition is in line with its strategy to further expand its presence in Chennai.
 Authors: Vaibhav Kakkar (Left) Sahil Arora ( Right)

Saraf and Partners announces Annual Promotion for 2023.

Saraf and Partners, a leading full-service law Firm, announced promotion for 2023-24, followed by Celebration across all offices.