Gagrats > Mumbai, India > Firm Profile

Gagrats
NIRMAL, 12TH FLOOR
NARIMAN POINT
MUMBAI 400 021
India

City focus: Mumbai > TMT Tier 2

The TMT practice at Gagrats specialises in technology and privacy law, including licensing, crowdfunding, cyber security and data protection. The team is led by Rustam Gagrat, Uma Nagarajan and Arpana Dhariwal.

Practice head(s):

Rustam Gagrat; Uma Nagarajan; Arpana Dhariwal

India > Aviation (including aerospace and defence) Tier 3

Gagrats‘s aviation offering has notable strength in transactional matters, advising on aircraft financing, M&A, and cross-border sales. Senior partner Rustam Gagrat and Uma Nagarajan have extensive experience in cross-border leasing, aircraft finance, and regulatory issues; the Mumbai-based duo jointly head the practice. Arpana Dhariwal is another key name for aircraft sales and leaseback.

Practice head(s):

Rustam Gagrat; Uma Nagarajan

Other key lawyers:

Work highlights

City focus: Mumbai > Dispute resolution Tier 3

Gagrats team handles various disputes for a diverse client roster that spans infrastructure and manufacturing companies. Rustam Gagrat, Ujjwal Rana, Krunal Gadhia, Ipshita Sen and Zeeshan Farooqui co-head the practice. The team regularly represents clients before the Supreme Court of India, the High Court and NCLT.

Practice head(s):

Rustam Gagrat; Ujjwal Rana; Krunal Gadhia; Ipshita Sen; Zeeshan Farooqui

City focus: Mumbai > Intellectual property Tier 3

Gagrats has expertise in the enforcement of IP rights, including the protection of patents, trade marks and copyrights, with a strong focus on the manufacturing industry. Rustam Gagrat heads the practice and has particular experience assisting clients with the licensing of various intellectual property rights, including trade marks.

Practice head(s):

Rustam Gagrat

City focus: Mumbai > Real estate and construction Tier 3

Gagrats‘s has a strong track record of handling all types of real estate transactions, including land acquisitions, leasing, licensing, title due diligence, and fund formation and structuring. The team has expertise in various asset classes, including residential and commercial property, healthcare, hospitality and industrial real estate. The practice is co-headed by Rustam Gagrat, Krunal Gadhia, Zeeshan Farooqui and Jainuddin Khan.

Practice head(s):

Rustam Gagrat; Krunal Gadhia; Zeeshan Farooqui; Jainuddin Khan

India > Projects and energy Tier 3

With vast experience in advising foreign and domestic power companies and state electricity boards on IPPs, renewable energy initiatives, and nuclear power projects, Gagrats' team has solid expertise in the projects and energy arena. Operating out of Mumbai, Rustam Gagrat is an expert in EPC contracts; Krunal Gadhia is well versed in infrastructure projects; and Uma Nagarajan specialises in renewable power matters. Arpana Dhariwal and Manoj Mohapatra are names to note.

Practice head(s):

Rustam Gagrat; Krunal Gadhia; Uma Nagarajan

Other key lawyers:

India > Corporate and M&A Tier 5

Acting on behalf of key players in the mining, manufacturing, and healthcare sectors, the team at Gagrats has extensive experience of dealing with cross-border transaction and complex joint ventures. The group is well equipped to handle business transfer agreements and corporate restructurings, with the Mumbai-based partners Rustam Gagrat and Krunal Gadhia specialising in general corporate matters and multi-jurisdictional M&A. From New Delhi, Ujjwal Rana brings expertise in corporate litigation to the practice.

Practice head(s):

Rustam Gagrat; Ujjwal Rana; Krunal Gadhia; Uma Nagarajan; Arpana Dhariwal

Other key lawyers:

Ipshita Sen; Manoj Mohapatra; Zeeshan Farooqui

India > Dispute resolution: litigation

Gagrats has a broad based practice cutting across a wide range of legal disciplines with an associate office in New Delhi.

Lawyers at the Firm have attended prestigious universities in India, England, Scotland and the U.S.A., including Cambridge University, The London School of Economics, The Harvard Law School and The National Law Schools of India and some are qualified as Solicitors in England.

The Transactional Practise of the Firm has represented clients on significant cross border Financings, path breaking M&A deals in India and overseas, Private Equity Deals, Stake Sales and Large Infrastructure Projects. The Capital Markets Practise of the Firm, has represented Issuers on Securities Offerings including Offerings of American Depository Receipts (ADRs), Global Depository Receipts (GDRs), Foreign Currency Convertible Bonds (FCCBs) and Rights Issues. The Dispute Resolution Practise of the Firm, has represented leading corporates in high profile matters before a wide range of courts and tribunals in India, and in domestic and international arbitrations.

 

AREAS OF PRACTICE

Arbitration; Aviation; Asset  Based  Finance;  Banking;  Bankruptcy; Capital  Markets; Commercial Law; Competition Law; Corporate Law; Energy; Environmental Law; Exchange Control; Foreign Investment; Franchising; Healthcare; Information Technology; Infrastructure; Insurance; Intellectual Property; International Finance; Joint Ventures; Labour Law; Litigation; Mergers and Acquisitions; Mutual Funds; Mining, Oil and Gas; Power Projects; Privatisations; Project Finance; Private Equity; Real  Estate;  Restructuring; Securities  Law;  Securitisations; Shipping;  Taxation  (both  Direct  &  Indirect); Technology Transfer; Telecommunications; TMT and Trademarks.

 

Aviation

Gagrats has a reputable aviation practice which has experience in handling mandates including aircraft financings, acquisitions, and cross-border sales.

The Firm has represented major domestic and international airlines and multilateral aviation authorities, and has considerable experience in cross border financings relating to the purchase and leasing of aircraft. The Firm has been involved in some of the largest aircraft financing deals in India, involving both US Exim Bank and the European Credit Agency, in financings which were selected by Air Finance as the “Deal of the Year”, in the repossession of Aircraft; in significant restructurings, cross border investments, commercial cooperation agreements, MRO agreements and M&A deals in the aviation sector, etc.

The Firm’s Aviation Practice has been the consistent recipient of Awards from 2008 till 2024 and received in 2024 the “Aviation Legal Experts Award” and the “Aviation Law Firm of the Year – India” Award. The Firm has also been recognized as 2021’s Leading Legal Advisor in Aviation – India, listed in ‘Ones to watch 2020: Best in Aviation Law 2020 – India’, recipient of the Award for Excellence in Aircraft Finance and Acquisitions- India and the Most Influential in Aviation Law.

 

Banking & Finance

The Firm has represented major Indian and foreign banks, multilateral lenders, domestic and foreign funds and Foreign Institutional Investors. The Firm has considerable experience in corporate finance, including on external commercial borrowings, securitisations and project finance. The Lawyers at the Firm have been involved in significant financings, including Financings selected by Euromoney as the “Deal of the Year,” and in some of the largest External Commercial Borrowings and Financings in the Aviation, Engineering, Infrastructure, Pharmaceuticals and Power Sectors.

The Firm’s Banking and Finance Practice has been the recipient of several Awards from 2011 till 2024 including more recently the 2024 “Banking and Finance Law Firm of the Year – India” Award and the 2023 Finance Law Firm of the Year Award.

 

Capital Markets & Securities Law

Clients include several leading publicly listed companies. The Lawyers at the Firm have experience on a range of Public Issues, including Initial Public Offerings (IPOs), Preferential Issues, Non-Convertible Debentures (NCDs), Rights Issues, Institutional Placement Programmes (IPPs) as also on Global Offerings of American Depository Receipts (ADRs), Global Depository Receipts (GDRs) and Foreign Currency Convertible Bonds (FCCBs).

The Firm’s Securities Law Practice, apart from advisory work, represents corporates, promoters and individuals, before the Securities and Exchange Board of India, the Securities Appellate Tribunal and the Courts, and has been involved in several prominent matters.

The Firm has been the recipient of several Capital Markets Law Firm Awards including more recently in 2022 and is also a Recommended Law Firm for Capital Markets.

 

Competition Law

Work involves advisory and contentious work, before the Competition Commission of India. The Firm has advised its clients on Competition Law matters relating to several significant domestic and cross border deals and contracts.

The Firm has also been the recipient of several Antitrust & Competition Law Firm of the Year – India Awards.

 

Corporate (including M & A)

The Firm has advised leading foreign and Indian corporates and international organizations on Acquisitions and Disposals, Joint Venture Agreements, Stake Sales, Business Transfer Agreements and Slump Sales, including in the consumer products, engineering, pharmaceuticals, information technology, mining, shipping, courier services, oil & gas, logistics, real estate, hospitality, healthcare, aviation, retail, defense, advertising, publishing, chemicals, travel and leisure sectors.

The Firm has also recently advised Indian corporates in relation to their Overseas acquisitions, Joint Ventures and Projects in North America, Europe, the SAARC region, The Middle East and the Far East, including in the U.K., Canada, Saudi Arabia, Bhutan, Iraq, Uzbekistan, Russia, Spain, Malaysia, Taiwan, Turkey, Jordan, Vietnam, the Philippines, Egypt, the U.A.E, Qatar, Tunisia and Algeria.

The Firm has also advised European corporations in relation to their acquisitions and investments in India. Gagrats Corporate Team has advised a leading European educational institution in establishing a presence in India.

The Firm has been involved in path breaking cross border M & A deals. The Lawyers at the Firm have also advised Bidders in the Privatisation Process, across various sectors.

The Firm has been a consistent recipient of several awards for its M & A work including the 2024 M&A Award, 2023 M&A Award, 2022 M&A Award,  and many others.

 

Dispute Resolution

Gagrats’ litigation practice focuses on corporate, securities, commercial, IPR, competition and tax litigation. The Firm also handles domestic and international arbitrations, and has been involved in several high profile arbitrations in India and abroad.

Members of the Firm’s Litigation Practice have represented leading corporates in corporate disputes, before The National Company Law Tribunal, The National Company Law Appellate Tribunal, the Supreme Court and various High Courts, and also before the Competition Commission of India.

Members of the Firm have also represented leading corporates and their promoters in Securities Law matters before the Securities and Exchange Board of India, the Securities Appellate Tribunal and the Courts.

The Firm’s Litigation Practice has wide experience in restructuring, insolvency and bankruptcy matters before a range of courts and tribunals, and has advised on re-organisations, corporate insolvencies and resolution processes.

The Firm has represented leading Indian and Foreign corporations in IPR related disputes across varied sectors.

The Firm’s Litigation Practice has been the recipient of several Dispute Resolution Awards including more recently in 2024 and 2023. The Firm has also received the Cross Border Dispute Resolution Award, the Sustained Excellence in Cross Border Disputes – India Award, the International Dispute Resolution Award, the A I Dispute Resolution Award, the International Commercial Arbitrators of the Year Award and has been ranked by Benchmark Litigation.

 

Energy, Engineering & Infrastructure

The Firm and its members have been involved in several major power projects in India and overseas (including recently in Russia, Turkey, South Africa, Singapore, Dubai, Vietnam, Thailand, Bangladesh and Tanzania), in which they have acted for and advised foreign and domestic power companies and state electricity boards on IPPs, Co-generation projects, Solar, Wind Power Projects and Nuclear Power Projects.

The Firm also advises leading corporates in the Engineering and Infrastructure sectors in relation to their business engagements, establishment of facilities, joint venture initiatives, protection of IPR and business agreements both in India and Overseas, including recently in the U.K., Canada, Saudi Arabia, Spain, U.A.E, Malaysia, Taiwan, Iraq, Egypt, Qatar, Turkey, Jordan, Vietnam, the Philippines, Tunisia and Algeria.

The Firm has also advised on other infrastructure projects such as oil and gas, mining, ports, pipelines, special economic zones (SEZs), airports, and telecommunications.

The Firm has been the recipient of Offshore Excellence Award as a Recognised Leader in Energy Projects – India and also recognized as a Notable Law Firm for Energy and Natural Resources by Asia Law Profiles.

Intellectual Property

Regulatory work for both foreign and Indian corporates includes trademark, copyright and patent registrations, assignment and licensing work.

The Firm has considerable experience in contentious IPR matters, including passing off and infringement work, and has recently represented Indian and European corporates in IPR related disputes. The Firm has received the Intellectual Property Practitioner of the Year – India Award.

 

Real Estate and Construction

 The Firm’s Real Estate team has been involved in several significant real estate / land development projects and acquisitions in India. The Firm regularly advises corporates on real estate related matters; including title due diligences, transaction structurings, acquisitions, sales, transfers, release and relinquishments, gifts, mortgages, leases, assignments, tenancies and licenses, rent control matters, land revenues matters, conducting agreements, outlet agreements, conveyancing deeds and documentation, across varied sectors including in relation to agricultural lands, industrial lands, residential properties and commercial premises for offices, restaurants, outlets, shops etc. The Firm also advises on all related tax, stamp, registration and other related legal issues.

The Firm has been the recipient of AI Magazines Global Excellence Award as the Leading Real Estate Adviser of the Year – India. The Firm has been ranked as a Recommended Law Firm for Construction & Real Estate, and as a Notable Law Firm for Projects and Infrastructure by Asia Law Profiles.

 

Restructuring, Insolvency and Bankruptcy

The Firm’s restructuring, insolvency and bankruptcy practice has wide experience before a range of courts and tribunals. The Firm has advised on reorganisations, corporate insolvency resolution processes (both voluntary and involuntary), voluntary liquidation of corporate persons and fast track corporate insolvency resolution processes under the Insolvency and Bankruptcy Code of India, 2016.

The Firm has been the recipient of several Bankruptcy & Restructuring Awards.

 

Taxation

There is a large practice in corporate, direct and indirect tax.

The firm has been the consistent recipient of several awards as the Law Firm of the Year – Tax, and Corporate Tax Law Firm of the Year, including more recently in 2024, 2023 and 2022.

 

TMT

Clients include leading Indian & Foreign e-commerce, Information Technology and Media Companies.

The Lawyers at the Firm have been involved in some of the largest Private Equity Deals in Information Technology Sector, and also in IPOs, GDRs and ADRs offerings of Information Technology Companies.

 

The Firm’s experience extends to Licensing and BPO Agreements, Online Portal User Agreements and Website policies of Information Technology and e-commerce Companies; and advise on Data Protection Laws.

 

Clients

The Firm has advised and represented several major Foreign and Indian Corporates, Publicly Listed Companies, Multilateral Organisations, Banks, PSUs, Funds, Foreign Institutional Investors, Foreign Educational Institutions and Airlines across various sectors including Engineering, Infrastructure, Energy, Mining, Pharmaceuticals, Healthcare, Hospitals, Insurance, Financial Services, Education, Consumer Products, Tourism, Transport, Aviation, Courier Services, Logistics, Oil and Gas, Real Estate, Hospitality, Retail, Defense, Advertising, Publishing, Chemicals, Travel and Leisure, Ports, Pipelines, Special Economic Zones (SEZ), Airports and Telecommunications.

 

RECENT AWARDS

 The Firm and its Partners have been recognized for their Aviation; Banking & Finance; Capital Markets & Securities Law; Corporate (M&A); Competition Law; Dispute Resolution; Energy, Engineering and Infrastructure; IPR; Real Estate; Restructuring, Insolvency and Bankruptcy; and Tax practices, and have been the recipents of several awards; including more recently the 2024 Outstanding Lawyers Award, in 2024 and 2023 from Who’s Who Legal, in 2023 and 2022 from Legal Era, and in 2024 and 2023  in IBLJ’s A List. Recent awards include the 2024 and 2023 M&A Law Award, the 2024 and 2023 Aviation Law Firm of the Year Award and the 2024 Aviation Legal Experts Award, 2024 and 2023 Banking and Finance Law Firm of the Year Award, 2024 and 2023 Dispute Resolution Law Firm of the Year Award, 2022 Capital Markets Law Firm of the Year Award, 2024 and 2023 Tax and Corporate Tax Law Firm of the Year Awards, and many others.

Gagrats has been listed as a Leading Law Firm by several international publications such as Chambers & Partners, Chambers Asia Pacific, Asia Pacific Legal 500, Asia Law Profiles, IFLR 1000, IBLJ, Legal Era, Which Lawyer PLC & Who’s Who Legal.

CONTACTS

  • R. J. Gagrat

Email – rjgagrat@gagrats.com

  • U.A. Rana

Email – gagrat@gagratdelhi.com

  • Krunal Gadhia

Email – krunal_g@gagrats.com

  • U. Nagarajan

Email – umanagarajan@gagrats.com

  • I. Sen

Email – isen@gagrats.com

Visit us on our Website www.gagrats.com, and view our LinkedIn profile on https://in.linkedin.com/company/gagrats

Department Name Email Telephone
Mumbai Mr. Rustam Gagrat rjgagrat@gagrats.com 022-67529037 - 52
Mumbai Mr. Krunal Gadhia krunal_g@gagrats.com 022-67529037 - 52
Mumbai Ms. Uma Nagarajan umanagarajan@gagrats.com 022-67529037 - 52
Mumbai Ms. Ipshita Sen isen@gagrats.com 022-67529037 - 52
New Delhi Mr. Ujjwal Rana gagrat@gagratdelhi.com 011-23322311 - 12
Photo Name Position Profile
Arpana Dhariwal photo Ms Arpana Dhariwal Partner, Gagrats, Mumbai.
Zeeshan Farooqui photo Mr Zeeshan Farooqui Partner, Gagrats, Mumbai.
RUSTAM GAGRAT photo Mr RUSTAM GAGRAT Senior Partner, Gagrats, Mumbai, & Gagrat & Co, New Delhi.
Krunal Gadhia photo Mr Krunal Gadhia Partner, Gagrats, Mumbai
Jainuddin  Khan photo Mr Jainuddin Khan Associate Partner, Gagrats
Jainuddin  Khan photo Mr Jainuddin Khan Associate Partner, Gagrats
Himanshu Mehta photo Himanshu Mehta Associate Partner, Gagrat & Co, Delhi
Mr. Manoj Mohapatra photo Mr. Manoj Mohapatra Partner, Gagrats
Uma Nagarajan photo Ms Uma Nagarajan Partner, Gagrats, Mumbai.
Ujjwal Rana photo Mr Ujjwal Rana Managing Partner, Gagrat & Co
Ipshita Sen photo Ms Ipshita Sen Partner, Gagrats, Mumbai.
Shreya Shankar photo Ms Shreya Shankar Associate Partner, Gagrats
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