Cyril Amarchand Mangaldas > Mumbai, India > Firm Profile

Cyril Amarchand Mangaldas > The Legal 500 Rankings

India > Banking and finance Tier 1

Cyril Amarchand Mangaldas offers advice on project finance work, commercial borrowings and debt restructurings to clients from multiple industries, with a particularly strong presence in the energy and infrastructure sectors. L. Viswanathan regularly advises corporates on project financings with specific expertise in the regulatory aspects of the energy sector; he jointly heads up the team with acquisition and real estate finance expert Leena Chacko, bond and structured debt financing specialist Santosh Janakiram, and Cyril Shroff. Amey Pathak regularly advises major Indian and multinational banks and financial institutions on project development and project finance mandates. Gayatri Shanker and Subhojit Sadhu are other key contacts.

India > Capital markets Tier 1

Cyril Amarchand Mangaldas fields a full-service capital markets practice, which handles a broad spectrum of capital markets work, including high-profile IPOs, large-scale rights issuances, buybacks and debt issuances. The group covers a broad range of areas, advising clients from investment banks to private equity investors on regulatory matters alongside financial transactions. National head Yash J. Ashar has particular expertise in structured finance and securitisation work, IPOs, follow-on offerings and qualified institution placements. Kranti Mohan has developed an impressive advisory practice, handling the establishment and listing of businesses, infrastructure investments and real estate investment trusts, while Gokul Rajan has a strong reputation in equity and debt transactions.

India > Corporate and M&A Tier 1

Counting high-profile companies from across the aviation, renewable energy, and finance sectors amongst its client-base, Cyril Amarchand Mangaldas covers all aspects of regulatory, investment, and corporate matters. The group boasts considerable expertise on insolvency-related M&A, along with complex corporate governance and litigation issues. With the whole team based in Mumbai, managing partner Cyril Shroff provides extensive advice on banking and financial regulatory proceedings, whilst Reeba Chacko specialises in private equity and venture capital investments. Nivedita Rao focuses on corporate restructurings, and Akila Agrawal handles joint venture work. Himanshu Narayan is an expert on corporate finance, and principal associate Aviral Chauhan is also noted for his international M&A work.

India > Dispute resolution: arbitration Tier 1

Acting for prominent multinational corporates and domestic clients, the seasoned and experienced team at Cyril Amarchand Mangaldas remains a powerhouse in the arbitration space, both domestically and internationally. With broad geographic spread and clients spanning a wide range of sectors, the team has recently seen an increase in instructions in the area of insolvency and bankruptcy. Managing partner Cyril Shroff and Indranil Deshmukh oversee the firm’s disputes practice, with ‘market leader‘ Shaneen Parikh heading the firm’s international arbitration practice. The ‘outstanding‘ Aditya Mehta is a key name for infrastructure and projects-related arbitration, while Omar Ahmad is recommended for his ‘unparalleled legal knowledge and ability to think on his feet.’

India > Dispute resolution: litigation Tier 1

With offices spread across the country, Cyril Amarchand Mangaldas has a sizeable team of experienced litigators that acts for governmental entities, heavy industry companies, and financial institutions on the full spectrum of litigation matters. Indranil Deshmukh heads the dispute team, working alongside arbitration head Shaneen Parikh and managing partner Cyril Shroff; all three are based in Mumbai. Also in Mumbai is ‘top-notch litigator’ Aditya Mehta, recommended for general commercial disputes. Bankruptcy and insolvency disputes are an area of recent growth for the team. The firm strengthened its South India disputes offering with the 2022 arrival of Bengaluru’s Lomesh Kiran Nidumuri, formerly at IndusLaw. Gauri Rasgotra left to start her own practice in December 2022.

India > Fintech and financial services regulatory Tier 1

Domestic and global banks, core investment companies and digital lenders are among the clients of the ‘exceptional’ team at Cyril Amarchand Mangaldas, with work including public and private M&A concerning regulated financial services companies, asset transfers, compliance, risk assessment and investigations. The practice is jointly led by fintech specialist Anu Tiwari, who is described as ‘top notch in the payments and bank regulatory space’; managing partner Cyril Shroff and L. Viswanathan, who is well placed to advise on the regulatory aspects of major energy projects. Ketaki Mehta specialises in venture capital and angel investments, while Jian Johnson has specific expertise pertaining to transactions involving transport infrastructure. Principal associate Utkarsh Bhatnagar is another name to note.

India > Private client Tier 1

The renowned team at Cyril Amarchand Mangaldas undertakes a range of high-value private client matters across India. Managing partner Cyril Shroff has significant corporate experience which he brings to bear in cross-border family succession, governance and other private wealth matters. Rishabh Shroff is a regular advisor to high-net-worth individuals on matters involving family constitutions and settlements, trusts, wills and succession planning, as well as charitable and philanthropic endeavours. Shroff and Shroff head up the practice with estate and succession planning expert Radhika Gaggar. The three are Mumbai-based. Another name to note is Shaishavi Kadakia for her emerging focus on the southern region of India; she splits her time between Bengaluru and Mumbai.

India > Private equity and investment funds Tier 1

The ‘market leading private equity and venture capital practice’ at Cyril Amarchand Mangaldas represents sovereign wealth and blue-chip funds in transactional matters, spanning buyout deals and capital raising across various regions. At the helm, Ravindra Bandhakavi provides counsel on private equity, sovereign and pension fund matters, while Reeba Chacko specialises in private equity and venture capital investments, coupled with expertise in foreign exchange control regulations and acquisition strategies. S. Harish adeptly manages a wide spectrum of transactions in the private equity domain, with a significant focus on pre-IPO deals within the e-commerce and retail sectors. Vandana Sekhri, Ruetveij Pandya, Chandan Kota, and Santosh Janakiram all contribute their sectoral expertise, covering fintech, infrastructure, corporate and securities, real estate, and retail, among others.

India > Projects and energy Tier 1

With strong expertise across the renewable energy, healthcare, and aviation sectors, the department at Cyril Amarchand Mangaldas regularly assists with project agreements, procurement and construction contracts, gas sale and pipeline agreements, as well as regulatory and compliance issues and a range of renewable power matters. The client base includes development banks and governmental entities. Based in Mumbai, managing partner Cyril Shroff handles corporate and securities law matters in the space; L Viswanathan leads the finance and project practice. Santosh Janakiram has extensive experience in handling acquisition financing and infrastructure work. In Noida, Ajay Sawhney focuses on refinancing transactions involving renewable projects, and Ramanuj Kumar acts for banks and financial institutions.

India > Restructuring and insolvency Tier 1

Cyril Amarchand Mangaldas offers deep experience advising various stakeholders across financial services, construction, power, aviation, and automotive industries, among others. Led by L Viswanathan, the firm regularly handles emerging caselaw under the provisions of the Insolvency and Bankruptcy Code (IBC). Dhananjay Kumar is recommended for leading financial institutions and other creditors looking for advice on recovery of loans, debt restructuring, and security enforcement. Other key members include Madhav V. Kanoria, who specialises in banking related litigation and corporate insolvency, and associate Surbhi Pareek, who frequently represents creditors, asset reconstruction companies, and investors under the IBC.

India > TMT Tier 1

Routinely acting in high-profile transactions in the TMT and data protection spheres, Cyril Amarchand Mangaldas has in-depth expertise in dealing with complex data sharing agreements and M&A. The team is especially renowned for its specialism in the telecommunications, fintech, and online gaming space, regularly advising venture capital funds and OTT content providers on IP and data privacy issues. Managing partner Cyril Shroff heads the Mumbai-based offering, and is highly experienced in handling infrastructure and regulatory matters to the group, whilst Rishabh Cyril Shroff is an expert on the Indian exchange control regime. In Bengaluru, Arun Prabhu advises extensively on technology issues, and Anirban Mohapatra concentrates on the online gaming sphere. Since her arrival from Nishith Desai Associates in February 2023, Mumbai-based partner Aarushi Jain has focused on digital privacy and cybersecurity.

India > Antitrust and competition Tier 2

Cyril Amarchand Mangaldas' practice stands out as 'very good in antitrust matters'. The team is very experienced in advising on enforcement and merger control matters in the digital, tech and online retail sectors, with an extensive client roster of large Indian and international companies and emerging start-ups. The Mumbai-based duo Cyril Shroff and Avaantika Kakkar co-head the practice; Kakkar has extensive expertise in handling complex merger filings, abuse of dominance issues and cartel investigations, as well as advising on dawn raids, and she is sought after by companies in the pharmaceuticals, tech, financial services, infrastructure and automobile sectors. Vijay Pratap Singh Chauhan acts on major cartel investigations, bid rigging and abuse of dominance cases. Dhruv Rajain brings experience in handling enforcement and compliance matters, in addition to pre-merger filings, and Kirthi Srinivas advises on leniency applications.

India > Insurance Tier 2

Under the leadership of managing partner Cyril Shroff, the Mumbai-based practice at Cyril Amarchand Mangaldas is a regular adviser to pension plan investment boards, investment companies and health insurance companies, among other clients. The team has a specialism in insurance-related M&A and provides strategic advice in relation to compliance and the regulatory aspects concerning insurance and foreign investment in India. Praised for his ‘approachability and responsiveness’, Indranath Bishnu guides Indian and international corporations through investments and corporate brokers and agents through the development and distribution of insurance products with Indian insurers. Pranjita Barman is experienced in corporate restructurings, M&A and private equity investments in the insurance sector.

India > Labour and employment Tier 2

Acting for major clients across the finance, life sciences, and telecoms sectors, Cyril Amarchand Mangaldas’ employment team is adept at handling a broad and varied range of matters, both advisory and transactional. Practice head Rashmi Pradeep, in Bengaluru, is sought out by clients for her expertise in large transactions, retrenchments, and workforce restructurings, as well as in complex and sensitive whistle-blower investigations. Also in Bengaluru is Abe Abraham, who is recommended for his expertise in employment benefits and work involving social security laws, whilst Bharath Reddy takes point on matters concerning share-based employee benefits. In Mumbai, Ankita Ray is a key contact, regularly assisting clients entering the Indian market on workforce structuring and compliance issues.

India > Life sciences and healthcare Tier 2

Cyril Amarchand Mangaldas has a focused life sciences and healthcare practice, handling corporate and private equity deals across the space, as well as providing advice on existing and upcoming regulations and legislation, and representing clients in high-stakes litigation, including major product liability cases in the medical devices sector. The team advises major domestic healthcare providers, life sciences and pharma producers, and international investors, with standout expertise in global de-mergers on the transactional side. Ashwin Sapra leads the team, advising on intellectual property, regulatory, and transactional matters, while Biplab Lenin is particularly active in the digital health space, advising on a number of major investments. Senior associate Kartik Jain is also a key name in the Noida-based team, advising on strategic regulatory compliance issues as well as regulatory elements of M&A and private equity deals.

India > Real estate and construction Tier 2

With offices in Mumbai, Bengaluru, Delhi, Chennai, Hyderabad and Ahmedabad, Cyril Amarchand Mangaldas continues to advise a varied client base, including corporate houses and MNCs, real estate funds, high-net-worth individuals, and developers on all types of real estate matters, such as property development, real estate acquisition and construction financing (both equity and debt financing), infrastructure projects, real estate litigation, and investigation mandates. Co-head of the Bangalore office, equity partner Namrata Kolar draws on her 24 years’ experience to regularly advise on complex real estate transactions involving conveyancing, joint development, and development of commercial and residential projects, while Cyril Shroff's expertise covers corporate and securities law, disputes, banking, bankruptcy, and infrastructure. Ashish Jain specialises in large-scale acquisition of agricultural lands for development of renewable energy projects, and Abhilash Pillai focuses on structuring, negotiation and documentation of transactions, as well as advice on due diligence and dispute resolution.

India > Tax Tier 2

The tax practice at Cyril Amarchand Mangaldas is well regarded for its expertise relating to the tax aspects of M&A transactions, including the interpretation of tax provisions, the structuring of businesses for tax optimisation and the structuring of investment funds. The team routinely advises on the international tax front; assisting clients on cross-border transactions. Led by S. R. Patnaik, the practice benefits from his 25 years of experience and expertise in international tax, transfer pricing and corporate tax. Kunal Savani provides clients with private wealth expertise relating to family settlements, trusts, wills and succession planning. Thangadurai VP specialises in tax advisory, while Bipluv Jhingan is also a key member of the team.

India > White-collar crime Tier 2

Cyril Amarchand Mangaldas works with major financial institutions, corporates, and senior executives on major criminal and regulatory matters, with a strong focus on internal investigations and responses to government investigations and enforcement actions, with capabilities in state-level cases throughout India, as well as working with global counsel on cases brought by international agencies such as the SEC, FCPA, and UKBA. The firm has expertise across various sectors, handling matters in areas including real estate, financial services, media, and intellectual property. Managing partner Cyril Shroff leads the team alongside experienced litigators Indranil Deshmukh, Ankoosh K Mehta, and Faraz Alam Sagar, who combine high-stakes litigation expertise with regular work on internal and government investigations, also working with government agencies on regulatory developments. Aviral Sahai is an up-and-coming name notable for his work with state police forces as well as federal enforcement bodies in white-collar cases across a variety of sectors. Principal associate Srinivas Atreya Chatti is a key up-and-coming name in the team, with broad litigation expertise. All lawyers mentioned are in Mumbai.