The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Cyril Amarchand Mangaldas

PENINSULA CHAMBERS, PENINSULA CORPORATE PARK, LOWER PAREL, MUMBAI 400 013, INDIA
Tel:
Work +91 22 496 4455
Fax:
Fax +91 22 496 3666
Email:
Ahmedabad, Bangalore, Chennai, Hyderabad, Mumbai, New Delhi

India

Antitrust and competition
Antitrust and competition - ranked: tier 2

Cyril Amarchand Mangaldas

The competition and antitrust practice at Cyril Amarchand Mangaldas utilities its 'deep domain knowledge and understanding of India and overseas case law' to advise on a range of issues from enforcement to merger control matters. A team is representing Schott Glass India in abuse of dominance proceeding before the Supreme Court. The group also advised Board of Control for Cricket (BCCI) in India in allegations of abuse of dominance before the CCI. It continues to act in an appeal led by the BCCI before the NCLAT, challenging the decision. Bharat Budholia led representation of Flipkart in several matters including on investment from Tencent and eBay requiring separate merger control notifications. The 'creative thinker' Avaantika Kakkar joined from Khaitan & Co LLP and heads up the team which also includes Rahul Goel and Anshuman Sakle. Percival Billimoria has left the firm and is now counsel.

Leading individuals

Avaantika Kakkar - Cyril Amarchand Mangaldas

[back to top]

Banking and finance
Banking and finance - ranked: tier 1

Cyril Amarchand Mangaldas

At Cyril Amarchand Mangaldas, key areas of expertise include projects and infrastructure-related finance transactions and restructuring mandates. L Viswanathan is well known for advising corporates and financial institutions on the regulatory issues of infrastructure projects. Pranav Sharma is also recommended.

Leading individuals

Cyril Shroff - Cyril Amarchand Mangaldas

Vandana Shroff - Cyril Amarchand Mangaldas

[back to top]

Capital markets
Capital markets - ranked: tier 1

Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas' capital markets team attracts praise for its 'good industry knowledge'. The firm has seen an uptick in instructions from the financial services sector: recent highlights include advising the General Insurance Corporation of India on its INR112m IPO, the first of a reinsurance company in India, and assisting the State Bank of India with its INR150bn qualified institutions placement (QIPS). Yash Ashar chairs the national practice, and the other key names are Mumbai-based Gaurav Gupte, who has expertise in international and domestic offerings made by Indian companies; Bangalore-based Arjun Lall, who is well known for representing private equity funds; and Delhi-based Gokul Rajan, whose key clients include Axis Capital, Indian Energy Exchange and ReNew Power.

Leading individuals

Yash Ashar - Cyril Amarchand Mangaldas

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 1

Cyril Amarchand Mangaldas

At Cyril Amarchand Mangaldas, notable work included representing e-commerce company Flipkart in its acquisition of a 100% stake in eBay India, and acting for IndusInd Bank in its $2.4bn merger with Bharat Financial Inclusion. The practice is also highly regarded for its expertise in regulatory and corporate governance matters. Managing partner Cyril Shroff is a well-regarded practitioner. Reeba Chacko heads the firm’s corporate practice, and Nivedita Rao heads the M&A practice.

Leading individuals

Cyril Shroff - Cyril Amarchand Mangaldas

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 1

Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas has been active in disputes relating to contractual litigation, insolvency and bankruptcy, infrastructure matters and demerger issues. The team is well known for its established track record appearing before the Supreme Court, regional High Courts, domestic and international arbitral forums, and regulatory tribunals. Managing partner Cyril Shroff heads the practice, in which Indranil D Deshmukh and Gauri Rasgotra are names to note. Percival Billimoria has left the firm and is now counsel.

[back to top]

Insurance
Insurance - ranked: tier 2

Cyril Amarchand Mangaldas

The insurance practice at Cyril Amarchand Mangaldas¬†is jointly led by managing partner Cyril Shroff¬†and Indranath Bishnu. The group acted for Legal & General Group plc, WarburgPincus, LLC, Bank of Baroda and Andhra Bank ‚Äď on a Chinese Wall basis ‚Äď in relation to the sale of a 26% equity stake in India First Life Insurance, by Legal & General Middle East Limited to a Warburg Pincus entity.¬†It also acted for¬†General Insurance Corporation of India on its IPO¬†of 124,700,000 equity shares.

[back to top]

Intellectual property
Intellectual property - ranked: tier 4

Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas' IP team represents both domestic and international clients in a range of contentious and non-contentious matters.  Ranjan Negi heads the practice which acts for Nintendo on a range of matters pertaining to the registration and protection of its trade mark portfolio. Other clients include Mulberry and Yogi Tea.

[back to top]

Investment funds
Investment funds - ranked: tier 1

Cyril Amarchand Mangaldas

Shagoofa Khan heads up Cyril Amarchand Mangaldas' funds, investments and advisory team which counts Blackrock group, Tata Capital and ICICI group as its clients. The department was instructed by Canada Pension Plan Investment Board on its proposed investment of $500m, to acquire industrial and logistics parks in India from funds managed by the IndoSpace Group. It also assisted ICICI Prudential Asset Management Company with the creation, launch and management of the BHARAT 22 exchange-traded fund.

Leading individuals

Shagoofa Khan - Cyril Amarchand Mangaldas

[back to top]

Labour and employment
Labour and employment - ranked: tier 3

Cyril Amarchand Mangaldas

The employment team at Cyril Amarchand Mangaldas¬†combines 'excellent subject matter expertise', 'superb response times' and¬†'good value for money'. The group advised¬†Infosys Limited on several issues relating to the resignation of its CEO, the appointment of interim-CEO and the appointment of the current individual to the role. Rashmi Pradeep ‚Äď who attracts praise for 'understanding her client's business and risk appetite, and offering comprehensive advice' ‚Äď jointly heads the practice alongside Manishi Pathak, and recently assisted Adani Transmission with employment aspects of Reliance¬†Infrastructure's¬†Mumbai power business. Recently promoted director¬†Abe Abraham¬†is also highlighted for 'his thorough analysis and ability to consider issues from all angles'. Other changes to the team include the arrival of Abhinav Rastogi¬†from L&L Partners Law Offices.

Leading individuals

Manishi Pathak - Cyril Amarchand Mangaldas

Next Generation Partners

Abhinav Rastogi - Cyril Amarchand Mangaldas

[back to top]

Projects and energy
Projects and energy - ranked: tier 1

Cyril Amarchand Mangaldas

L Viswanathan chairs the practice at Cyril Amarchand Mangaldas, which has a well-established track record in assisting a client base of financial institutions, banks, government entities, and a broad range of infrastructure companies on project financing and infrastructure matters, including ports, oil and gas and urban infrastructure. Renewable energy mandates have been prominent in the team's recent workload. In one highlight, the group advised Global Infrastructure Partners on the $5bn cross-border acquisition of Equis Energy's wind and solar power assets, which were located in Japan, Australia, Indonesia, the Philippines, Thailand, and Taiwan. Santosh Janakiram has notable expertise in project financing and infrastructure mandates.

Leading individuals

Santosh Janakiram - Cyril Amarchand Mangaldas

[back to top]

Real estate and construction
Real estate and construction - ranked: tier 2

Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas is acknowledged for its experience advising developers, real estate funds, financial institutions, regulators and other stakeholders in real estate transactions. The group has been advising Blackstone India Advisors on the acquisition of a 74% stake in Safari Retreats (Safari) which included conducting due diligence on retail mall, office space and hotel properties owned and operated by the company. Sandeep Dave,  Gyanendra Kumar and Namrata Kolar are key names to note and head up the firm's real estate practices in Mumbai, New Delhi and Bangalore respectively.

[back to top]

Shipping
Shipping - ranked: tier 3

Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas has experience handling transactional and contentious matters for shipping sector clients. The group is acting for several lenders in a refinancing transaction for construction of a vessel.

[back to top]

TMT
TMT - ranked: tier 1

Cyril Amarchand Mangaldas

Praised for offering 'a complete one-shop-stop solution', Cyril Amarchand Mangaldas' TMT practice has the scope to handle matters across several sectors. With 'rich experience and know how' in the telecoms sector, Asim Abbas is leading a team acting for Reliance Jio Infocomm on its substantial acquisition of assets from Reliance Communications. The group is also instructed by Microsoft Corporation on a range of matters including interconnection and cloud computing-related issues. Rahul Goel, Arun Prabhu, and Abbas jointly head up the New Delhi-based team.

Leading individuals

Rahul Goel - Cyril Amarchand Mangaldas

[back to top]

Tax
Tax - ranked: tier 2

Cyril Amarchand Mangaldas

The team at Cyril Amarchand Mangaldas is jointly headed up by S R Patnaik and Mekhla Anand, who focus on direct and indirect tax matters respectively. The department has particular expertise advising on transactional tax matters and was instructed by Honda Motors on qualification for a tax neutral merger with Honda Cars, as well as risk factors. It also assisted Reliance Jio Infocomm with tax considerations associated with the company's substantial purchase of telecoms assets from Reliance Communications Limited and its subsidiaries. The team also engaged in contentious matters, including writ petitions challenging tax issues.

[back to top]


Further information on Cyril Amarchand Mangaldas

Please choose from this list to view details of what we say about Cyril Amarchand Mangaldas in other jurisdictions.

India

Offices in Mumbai, Bangalore, New Delhi, Hyderabad, Ahmedabad, 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 ‚ÄėSpecial Recognition...

    Singh & Associates' (S&A) Founding Partner, Manoj K Singh, awarded with ‚ÄėSpecial Recognition for Service to the Legal Profession‚Äô at Achiever‚Äôs 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 ‚Äė Ease of Doing Business ‚Äô, is trying hard to make this reform simpler, business friendly and transparent in its functioning. Such measures can also be seen during this year‚Äôs budget speech of our Hon‚Äôble Finance Minister, wherein announcements were made towards the simplification of GST.
  • Ld‚Äô 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 ‚ÄúDispute Resolution Lawyer...

    Singh & Associates' (S&A) Founding Partner, Manoj K Singh, wins ‚ÄúDispute Resolution Lawyer of the Year‚ÄĚ 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‚Äôs List ranked him third in their top 10 lawyers stating: ‚ÄúHighly 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.‚Ä̬†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 ‚ÄúInsurance Act‚ÄĚ) and the Insurance Rules, 1939 (the ‚ÄúInsurance Rules‚ÄĚ).
  • Transport Finance Review - India

    The transportation industry ‚Äď aviation, shipping and rail ‚Äď has been predominantly owned by government entities since India‚Äôs 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.