Agrud Partners > Mumbai, India > Firm Profile

Agrud Partners
13, Nariman Bhavan, Nariman Point,
Mumbai - 400021 INDIA
India

City focus: Mumbai > Banking and finance Tier 1

The banking and finance team at Agrud Partners regularly assists domestic financial institutions with negotiating and structuring transactions. The practice is led by Sajid Mohamed, who has assisted PSB Alliance Pvt. Ltd in developing legal frameworks to foster customer-centric banking solutions. Sumit Raghani is another key member of the team.

Practice head(s):

Sajid Mohamed; Sumit Raghani

Key clients

PSB Alliance Pvt. Ltd

Bank of India

Bank of India

Bank of Baroda (formerly Dena Bank)

Central Bank of India

Punjab & Sind Bank

Work highlights

  • Advised PSB Alliance Pvt. Ltd. on navigating the intricacies of its operations and ensuring compliance with relevant laws and regulations.
  • Assisted the Bank of India with end-to-end core banking outsourcing contract drafting and contract negotiations.
  • Assisted Punjab & Sind Bank with end-to-end core banking outsourcing contract drafting and negotiations.

City focus: Mumbai > Dispute resolution Tier 1

Agrud Partners is a two-partner advisory and litigation firm in Mumbai with a varied caseload that includes contracts and property disputes. The group also has expertise in criminal prosecution and tax litigation. A recent highlight was representing a company before the Supreme Court against investigating and prosecuting agencies where the business was wrongly classified as a Ponzi scheme. Sajid Mohamed regularly represents clients in complex disputes before courts, government agencies and arbitral tribunals, further supported by Sumit Raghani in all the matters.

Practice head(s):

Sajid Mohamed; Sumit Raghani

Key clients

Hindustan Oil Exploration Company Limited

Bank of Baroda (formerly Dena Bank)

Mr. Harish Gangji Dedhiya

Mr. Anil Chamanlal

Zee Entertainment Enterprises Limited

Vihaan Direct Selling (I) Pvt. Ltd. (QNet)

Dabur India Limited

Mahalaxmi Spinning Weaving Mills Private Limited

Monsanto/Bayer Corp

Akkadian Housing and Infra Ltd.

Aircon Beibars FZE

Parekh Family

Pooja Diam LLP

Bajaj Hindusthan Sugar Ltd

Lalitpur Power Corporation Ltd (part of Bajaj Group)

Mr. Susdesh Kedia

Work highlights

  • Represented Anil Chamanlal in alleged fraudulent transfer of shares of Juhu Hotels Private Limited.
  • Represented Zee Entertainment Enterprises Limited in an arbitration proceeding.
  • Represented Dabur India Limited in a suit filed for seeking declaration that certain provisions of “the code for self- regulation of advertising content in India” are illegal, null and void.

Agrud Partners is a reputable law firm that serves both publicly and privately held companies, providing guidance on growth, expansion, and consolidation strategies. They specialize in various facets of corporate finance including structuring, documenting, and negotiating an array of transactions such as capital raising, recapitalizations, and corporate debt restructuring.

Agrud Partners has a commendable understanding of both procedural and substantive laws, giving them the ability to strategize complex litigation cases. Their diverse portfolio of clients ranges from investment and development financial institutions to ultra-high-net-worth individuals (UHNIs), non-banking financial companies (NBFCs), public sector banks, brokerage firms, and businesses in the technology, outsourcing, biotech, and manufacturing sectors.

Recognition by The Legal 500 as a “Tier 1 Firm – City Focus Mumbai Dispute Resolution” validates their commitment to excellence. Additionally, they have been ranked as a ‘Notable Firm’ in the practice area of Dispute Resolution by the Asialaw 2022/23 listings, and they have received the Indian Achievers’ Award for their outstanding legal services. At the helm of Agrud Partners is Mr. Sajid Mohamed, the firm’s managing partner. Known for his dedication to his craft, he has been recognized amongst the “ALB India Top Dispute Lawyers 2022” and has received a “Tier 1 Leading Individual” rating by The Legal500. Agrud Partners is dedicated to the provision of tailored and effective legal strategies, always delivering services with the utmost professionalism.

Department Name Email Telephone
Managing Partner Sajid Mohammad mumbai@agrudpartners.com 022-22850909
Managing Partner Sumit Raghani mumbai@agrudpartners.com 022-22850909
Photo Name Position Profile
Rajput Ramsing  Kalyansign photo Rajput Ramsing Kalyansign
PR Mala photo PR Mala
Sajid  Mohamed photo Sajid Mohamed Founder and Managing Partner at Agrud Partners, a law firm with offices…
Shilpi Negi photo Shilpi Negi
Sumit Rajikant  Raghani photo Sumit Rajikant Raghani Partner at Agrud Partners, a law firm with offices in Mumbai &…
 Hardik  Sanghavi photo Hardik Sanghavi
Rohit Kumar Singh photo Rohit Kumar Singh
Meghna  Talwar photo Ms Meghna Talwar Partner

Agrud Partners, a Mumbai-based law firm, has been involved in several notable disputes across various industries. One of their significant clients is Vihaan Direct Selling (I) Pvt. Ltd. (“QNet”), for whom they have handled several cases worth a total of Rs. 2500 Crores. QNet is a direct selling company facing legal complications and challenges from the investigating and prosecuting agencies in India across several states, which have wrongly classified their business as a Ponzi scheme. The firm has represented QNet in cases related to Direct Selling Guidelines, 2016, issued by the Government of India to regulate the direct selling business.

Agrud Partners has also represented Lalitpur Power Corporation Ltd (LPGCL), a part of the Bajaj Group, in various litigation cases worth Rs. 1500 Crores. Additionally, the firm has represented Bajaj Hindusthan Sugar Ltd in various litigation cases worth over Rs. 500 Crores.

The firm represented Bank of Baroda (formerly Dena Bank) in a case worth Rs. 33,43,85,435/- where the client had subscribed to Non-Convertible Debentures of Apple Finance Limited, giving them a right over a property known as ‘Apple Tower’.

Agrud Partners also represented Mr. Harish Gangji Dedhiya and Mr. Anil Chamanlal in separate cases valued to Rs. 2,46,07,261/- and Rs. 250,00,00,000/-, respectively. The former filed a Writ Petition in the Bombay High Court.

The firm has also represented international companies such as Monsanto/Bayer Corp. and Aircon Beibars FZE. Monsanto/Bayer Corp faced several suits and complaints filed all over India under various acts, such as the Seeds Act, Insecticide Act, Indian Penal Code, Essential Commodities Act, and by Legal Metrology Officers. Agrud Partners was successful in getting favourable orders for their client. Aircon Beibars FZE, a Dubai-based company, gave a helicopter on lease to Heligo Charters Private Limited, a company based in India. The firm represented Aircon Beibars FZE in several cases, including one where Heligo challenged the enforcement of an award under section 50 of the Arbitration and Conciliation Act, 1996.

Agrud Partners also represented the Parekh Family (Nilkamal Group) in a case where third-party buyers had purchased parts of the property based on forged documents from Mr. Kadandale Rao, who made an application before the Hon’ble District Sub-Registrar for formation of a society.

Additionally, the firm represented Reckitt Benckiser India Private Limited in a suit for alleged disparagement of their product by our client who has published/telecast stills and adverts that portray the usage of soap as ineffective for cleansing and removing germs as against the usage of handwash. Lastly, the firm represented Zee Entertainment Enterprises for a case worth INR 45,52,29,712/-.

In conclusion, Agrud Partners has been involved in several notable disputes across various industries, representing both domestic and international clients. The firm’s successful representation in these cases highlights its expertise in handling complex disputes and its ability to provide legal solutions to its clients.


Diversity is a core value of our law firm, and we are committed to creating a culture of inclusion that values and respects the unique perspectives, backgrounds, and experiences of our advocates, staff, clients, and communities. We believe that diversity is essential to our success and to the success of our clients, as it promotes innovation, creativity, and empathy, and enables us to better understand and serve the diverse needs and interests of our clients in a rapidly changing and interconnected world.

We are dedicated to fostering a diverse and inclusive workplace that promotes equity, fairness, and opportunity for all, and to providing our advocates and staff with the training, support, and resources necessary to succeed and thrive in their careers. We actively recruit, retain, and promote advocates and staff from diverse backgrounds and experiences, and strive to create an environment where everyone can bring their authentic selves to work and contribute to the success of the firm and our clients.

We also recognize our responsibility to promote diversity and inclusion in the legal profession and in our communities, and are committed to using our resources and influence to advance these values through pro bono work, community service, and advocacy. We believe that by embracing diversity and inclusion, we can help build a better world for ourselves, our clients, and future generations.


CLIENT: Ajay Kumar Sharma

COMPANY/FIRM: Bajaj Sugar

TESTIMONIAL:

Agrud Partners led by Mr. Sajid Mohammed, has a talented team of lawyers who are competent to address our legal concerns when we reach out to them for our matters. Given their professionalism and ethics, we have been associated with Agrud Partners for a very long period of time. The lawyers are well-researched and updated on new laws and regulations and bring-forth well read and low-risk solutions to guide us well during our interactions. As a firm, they ensure that they provide sufficient time to discuss matters and are available for discussions when requested.

We trust their legal strategies and are content with their services. The firm has worked on many complex matters and has grown remarkably in the past few years under the direction of Mr. Sajid Mohamed. They have also expanded and re-furbished their office now with best-in-class technology, video conferencing facilities and have an ample amount of conference rooms to have discussions with a lot of privacy. It is very conveniently located in Nariman Point. We wish the firm great success.

 

CLIENT: Paresh B Mehta

COMPANY/FIRM: Nilkamal Limited

TESTIMONIAL:

We have dealt with many law firms and would like to recommend Agrud Partners as a one-stop shop for all legal matters. Our Company believes in high ethics and transparency and we are happy to be associated with a law firm like Agrud Partners which promotes a similar culture. Agrud Partners has a strong set of values and always looks towards suggesting a peaceful solution which keeps most parties content. The firm has consistently offered smart legal guidance that has ensured most favorable outcomes.

The lawyers have been working with the firm for a long time and are approachable at all times. We are happy working with their team as they are responsive and value our relationship as a Client. The team ensures they regularly update us on a matter’s progress and their professionalism in handling matters is commendable.

We are aware that the firm has been awarded and highly ranked by many independent bodies and are confident that it is a true mark of the quality of legal solutions they provide and the commitment they extend to their Clients.


As a global law firm, our mission is to provide exceptional legal services to clients around the world. We have a strong international presence and are committed to helping clients navigate the complex legal landscape across different jurisdictions.

Agrud Partners is a law firm that represents publicly and privately held companies and their promoters on growth, expansion, and consolidation strategies. The firm has extensive experience in structuring, documenting, and negotiating a broad range of corporate finance, capital raising, recapitalizations, and corporate debt restructuring transactions. They also have a deep understanding of procedural and substantive laws and have an extensive ability to strategize highly complicated litigations.

One of Agrud Partners key strengths is its international capabilities. They have represented a diverse range of clients, including development and investment financial institutions, UHNI’s, non-banking financial companies, public sector banks, brokerage firms, technology and outsourcing model businesses, biotech, and manufacturing companies.

The firm has been recognized for its outstanding work in the field of Dispute Resolution and has been ranked as the highest-ranked “TIER 1 FIRM – City Focus Mumbai Dispute Resolution” by The Legal 500. They were also ranked as a ‘Notable Firm’ in the Dispute Resolution practice area in the Asialaw 2022/23 Rankings and were awarded the Indian Achievers’ Award. Additionally, the firm’s Managing Partner, Mr. Sajid Mohamed, is recognized amongst the “ALB India Top Dispute Lawyers 2022” and has received the highest rating as a “TIER 1 Leading Individual” by The Legal500. These accolades demonstrate Agrud Partners’ expertise and success in the field of international law and dispute resolution.

We have represented clients from a wide range of industries and sectors, including financial services, technology, healthcare, and energy. Our clients come from all corners of the globe and include multinational corporations, start-ups, governments, and non-profit organizations. Some examples of our recent work include advising a US-based client.

We are proud to have been recognized by various publications and organizations for our excellence in legal services. Our firm has been ranked in the top tiers of leading legal directories, including Asia Law and The Legal 500. We have also received awards and recognition for our commitment to diversity and inclusion, pro bono work, and sustainability.

The firm has received the following rankings and awards during the year:

  • As the Firm’s Managing Partner, Sajid Mohamed has been ranked in the highest rating as a “TIER 1 Leading Individual” by The Legal500.
  • Agrud Partners has been ranked by The Legal 500 as the highest ranked “TIER 1 FIRM – City Focus Mumbai Dispute Resolution”.
  • Agrud Partners has been ranked as a ‘Notable Firm’ in the practice area of dispute resolution in the Asialaw 2022/23 rankings.
  • Sajid Mohamed has been nominated for the Managing Partner of the year (Rising Firms) by Asian Legal Business.
  • Sajid Mohamed has recently been featured in the Forbes India Legal Powerlist 2022, in the category of TOP INDIVIDUAL LAWYER (Above 10 years).
  • Our team member Ms. Dipika Batheja has been recognised as ALB India Rising Stars in ALB India’s February 2023 edition by Asian Legal Business.
  • Dipika Batheja from our firm has been nominated for the Woman Lawyer of the year by Asian Legal Business in Asia and Middle East.
  • Agrud Partners was recently awarded the Indian Achievers Award.

At our firm, we are committed to providing exceptional legal services to clients around the world. We have a strong legal acumen and are well-positioned to help clients navigate the complex legal landscape across different jurisdictions.