L&L Partners Law Offices > New Delhi, India > Firm Profile

L&L Partners Law Offices
1st & 9th Floors, Ashoka Estate
Barakhamba Road
NEW DELHI
110 001
India

India > Antitrust and competition Tier 1

At L&L Partners Law Offices, the competition practice handles cartel investigations and abuse of dominance matters, acting for key clients across regulated industries including aviation and energy. The group is also instructed on merger control and leniency applications, and has experience appearing before the CCI. Key contacts include GR BhatiaAbdullah HussainKanika Chaudhary Nayar and Rudresh Singh. In addition, in May 2021 the team was joined by Kunal Mehra from Dua Associates.

Other key lawyers:

Work highlights

    India > Projects and energy Tier 1

    L&L Partners Law Offices’ impressive projects, energy and infrastructure client roster comprises top-rate developers, investors, state and central government bodies and banks. In a major ongoing PPP mandate (a field of expertise for Rajiv Luthra and Pallavi Bedi), the practice is advising on the complex agreements of India’s first private passenger train operation. Active in a span of sectors including conventional and renewable energy, natural gas and mining, Bedi advises on project financing for domestic and international lenders and borrowers whereas Deepak Kumar Thakur and Ashita Bali handle high-value acquisitions and investments in the solar sector. Prabjot Singh Bhullar’s regulatory knowledge includes applied tariff, licensing and contractual issues before the Electricity Regulatory Commission and the Appellate Tribunal for Electricity. The team has been further boosted with the arrival of Avirup Nag and Sabrina Afroze.

    Other key lawyers:

    Key clients

    Amplus Energy Solutions Private Limited

    Canadian Solar Inc.

    NEPRA Resource Management Private Limited

    Rays Power Infra Private Limited

    Fourth Partner Energy Private Limited

    Rail India Technical and Economic Service Limited (“RITES”)

    AES Corporation and its subsidiaries, AES OPGC Holding and AES India Private Limited Amplus Energy Solutions (“Amplus”)

    NITI Aayog

    ONGC Tripura Power Company (“OTPC”)

    Candi Solar

    Stoa S.A

    SB Energy (SoftBank Group)

    Hyderabad Metro Rail Limited

    Work highlights

    • Advised Amplus on its acquisition of 100MW of solar assets from Acme Solar Holdings Limited located in Karnataka’s Pavagada Solar Park developed under the National Solar Mission.
    • Advised Rays Power Infra Power Limited on the setting up of a 100MW solar power plant.
    • Advising RITES on private train operation project wherein private entities, for the first time, would be granted concessions to operate passenger trains on 12 clusters/routes.

    India > WTO/international trade Tier 1

    L&L Partners Law Offices focuses on complex international trade matters, including big-ticket arbitration proceedings and compliance issues. Practice head H.S. Chandhoke has longstanding experience in traditional litigation as well as in ad-hoc and commercial arbitrations; he also advises clients on international investment treaties and agreements. Another key team member is seasoned litigator Ashish Chandra, who represents clients in trade remedies investigations in India and internationally.

    Practice head(s):

    Other key lawyers:

    Work highlights

      India > Banking and finance Tier 2

      L&L Partners Law Offices’ banking and finance practice impresses in the projects, energy and infrastructure sectors, advising lenders and borrowers alike. Team head Karan Mitroo has an extensive list of deal highlights as instructed by international banks, infrastructure finance companies and issuers in the renewables and oil and gas industries. The team assists with debt refinancing arrangements. Nishant Singh, who is dual qualified (New York) joined the team in late 2021, as did managing associate Anindita Ganguly. However, a number of partners, including former practice head Mohit Saraf and Abir Lal Dey left to found Saraf and Partners.

      Other key lawyers:

      Testimonials

      ‘Timely delivery – Simple yet effective – balanced approach – focused on finding solutions.’

      ‘L&L Partners is one of our preferred counsels for banking and finance transactions. They have a good team of lawyers.’

      ‘Mr. Karan Mitroo is the partner we usually work with. It is impressive how involved he is in all the deals and he always brings something new to the table. He is great with negotiations.’

      ‘Deep industry knowledge of renewable projects and their financing. They have collaborated with us to include emerging promoter contribution structures applicable to the infrastructure industry, and the manner to structure the same so as to reduce lender’s risk in the project financing undertaken.’

      ‘The team at L&L Partners is arguably the most experienced and qualified team in project finance, especially in the infrastructure and renewable energy space.’

      They are extremely organised and clear in the context and are able to provide the solutions to various scenarios that arise in the infra cycle.’

      ‘Karan Mitroo – By far the best legal counsel in the infrastructure an renewable space. Holds an exceptional team and has the best in class delivery – be it loans, M&A, investments or debentures.’

      Purvi Dabbiru – Incredibly talented and one of the brightest young lawyers in the space. Very reliable.

      Key clients

      Axis Bank Limited

      NIIF Infrastructure Finance Limited

      SB Energy Six Private Limited

      L&T Infra Debt Fund Limited

      IHB Private Limited

      L&T Infrastructure Finance Company Limited and L&T Finance Limited

      Tata Cleantech Capital Limited

      LIC Housing Finance Limited

      State Bank of India

      Work highlights

      • Acted as counsel for lenders led by Axis Bank and NIIF Infrastructure Finance Limited in relation to the financial assistances aggregating up to INR 1015,40,00,000. The transaction involved refinancing of eight separate solar power projects set up in the states of Maharashtra, Uttar Pradesh, Karnataka and Rajasthan and housed in five separate project companies acquired by Global Infrastructure Partners.
      • Acted as counsel to the Borrower, SB Energy Six Private Limited (sponsored by SB Energy Holdings Limited) in an ECB financing of $330m involving lenders from various jurisdictions including, MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation, BNP Paribas, Société Générale, Standard Chartered Bank, Bank Sinopac and Taipei Fubon Bank for the purpose of setting up and developing solar farms.
      • Advising Total, Oil India Limited, Bharat Petroleum Corporation Limited, Oil & Natural Gas Corporation Limited, and their affiliate entities on the  financing of the development of the LNG gas project in Rovuma, Mozambique.

      India > Capital markets Tier 2

      L&L Partners Law Offices has over a decade of experience handling large domestic capital markets transactions for Indian corporates and investment groups. Geeta Dhania is the main point of contact and has notable  expertise in international debt offerings and private placements. The firm faced several significant exits in July 2021 with co-founder Mohit Saraf and his team, including managing associate Murtaza Zoomkawala, departing to found Saraf and Partners.

      Practice head(s):

      Key clients

      Stovekraft Limited

      Info Edge (India) Limited

      Indiabulls Housing Finance Limited

      Bharat Dynamics Limited

      CA Lotus Investments (the Carlyle Group)

      RBL Bank Limited

      Dhani Services Limited (formerly Indiabulls Ventures Limited)

      Adani Electricity Mumbai Limited

      Adani Ports and Special Economic Zone Limited

      Adani International Container Terminal Private Limited

      Work highlights

      • Acted as Indian legal counsel to Info Edge (India) Limited on its qualified institutions placement of its equity shares.
      • Acted as the lead managers’ Indian legal counsel on the qualified institutions placement of its equity shares by Indiabulls Housing Finance Limited.
      • Advised CA Lotus Investments, an investment vehicle of the Carlyle Group, on its sale of 13.06% of the outstanding share capital of Metropolis Healthcare Limited.

      India > Corporate and M&A Tier 2

      L&L Partners Law Offices’ M&A practice is headed up by Rajiv Luthra, a highly regarded senior practitioner whose ongoing work pertains to public and private sector mergers in the aerospace, telecoms, financial services and pharmaceuticals sectors. Jay Parikh’s practice focuses on transactions and corporate governance for Indian promoters. The team saw the return of Sudipta Routh who joined from Agram Legal Consultants in September 2021, however, it also saw a number of partners departing to establish Saraf and Partners, including Mohit Saraf, Vikrant Kumar and Vaibhav Kakkar.

      Practice head(s):

      Other key lawyers:

      Key clients

      SunSource Energy Private Limited

      GMM Pfaudler Limited

      Neev Fund

      Anthea Aromatics Private Limited/ Catasynth Specialty Chemicals Private Limited

      The Carlyle Group

      Play Games 24×7 Private Limited

      CA Cloud Investments

      Greencell Mobility Private Limited

      Symphony Technologies Group

      Emerson Electric

      GMM Pfaudler Ltd.

      Sequoia Capital

      Platinum Equity

      Work highlights

      • Advised and acted for Play Games 24×7 Private Limited in connection with an investment made by the Raine Group.
      • Acted for and advised CA Cloud Investments (formerly, Comfort Investments II), an investment vehicle managed advised by affiliated entities of The Carlyle Group, in connection with its acquisition of approximately 25% shareholding of Nxtra Data Limited.
      • Advised Symphony Technologies Group (STG) in connection with acquisition of Dell Inc.’s RSA security business.

      India > Dispute resolution: litigation Tier 2

      L&L Partners Law Offices’ well-regarded litigation practice group is active in commercial disputes, and has expertise in energy, oil and gas, competition and consumer protection cases. Key contact H.S. Chandhoke in New Delhi is singled out for his strength in insolvency and restructuring-related litigation.

      Practice head(s):

      India > Restructuring and insolvency Tier 2

      L&L Partners Law Offices represents stakeholders before the NCLAT and other major forums in complex insolvency and restructuring proceedings. The team is led by dispute resolution expert Sudhir Sharma and includes Bikash Jhawar, whose combined recent highlights included proceedings under IBC guidelines on behalf of resolution professionals operating in the infrastructure, telecoms, construction and power sectors. The group represented the committee of creditors led by SBI in the sale of a large pharmaceuticals company under a multimillion-dollar insolvency plans.

      Practice head(s):

      Sudhir Sharma

      Testimonials

      ‘L&L Partners have extensive knowledge and capabilities to advise on various fields of law. Very approachable at all times and render a comprehensive and a strategic oriented approach. The team has also ensured to keep themselves, as well as their clients and fraternity, well-informed on material development in the field of restructuring and insolvency by way of timely updates on the subject matter.’

      ‘With the lawyers coming with various expertise, a well-organized structure, willingness to deliver on time, solution-driven, and experience of handling of various litigation matters are some of the key elements for which we value L&L Partners and makes us select the firm as our preferred choice.’

      Key clients

      JSW Steel Limited: Bhushan Power and Steel

      HDFC AMC Limited

      Deloitte Touche Tohmatsu Limited

      L&T Infra Debt Fund

      India Infradebt Limited

      IDBI Bank Limited

      Yes Bank Limited

      IFCI Limited

      India Infrastructure Finance Company Limited

      Work highlights

      • Representing JSW Steel Limited before the Hon’ble Supreme Court in the appeals filed by various parties against the order passed by the Hon’ble National Company Law Appellate Tribunal, by way of which the resolution plan of JSW Steel Limited for Bhushan Power Steel Limited submitted under Insolvency and Bankruptcy Code, 2016.
      • Represented ArcelorMittal, the successful resolution applicant in the insolvency resolution process of Odisha Slurry Pipeline Infrastructure Limited.
      • Advised and assisted the Board of Directors of Unitech Limited, which was appointed by orders of the Hon’ble Supreme Court (“Board”), in drafting, reviewing and finalizing a Resolution Framework for the Unitech Group.

      India > White-collar crime Tier 2

      India > Aviation (including aerospace and defence) Tier 3

      L&L Partners Law Offices’ aviation team is experienced in handling aircraft financings for domestic and international airlines. The team also advises aerospace manufacturers on corporate issues and transactions.

      India > Intellectual property Tier 3

      India > Private equity and investment funds Tier 3

      Under the expertise of founding partner Rajiv Luthra, L&L Partners Law Offices handles private equity transactions across a diverse range of sectors, including recent mandates received from a major private equity fund pertaining to the acquisition of a distribution business. Jay Parikh acts for company promoters and shareholders on complex exits, recently in the renewable energy sector. Vaibhav Kakkar left the firm to join Saraf and Partners.

      Practice head(s):

      Other key lawyers:

      Key clients

      SunSource Energy Private Limited

      GMM Pfaudler Limited

      Neev Fund

      Anthea Aromatics Private Limited/ Catasynth Specialty Chemicals Private Limited

      The Carlyle Group

      Play Games 24×7 Private Limited

      CA Cloud Investments

      Greencell Mobility Private Limited

      Symphony Technologies Group

      Emerson Electric

      Sequoia Capital

      Platinum Equity

      Work highlights

      • Advised Play Games 24×7 Private Limited on an investment made by the Raine Group.
      • Acted for CA Cloud Investments (formerly, Comfort Investments II), an investment vehicle managed by affiliated entities of The Carlyle Group on its acquisition of approximately 25% shareholding of Nxtra Data Limited.
      • Advised Symphony Technologies Group (STG) on its acquisition of Dell Inc.’s RSA security business.

      India > Real estate and construction Tier 3

      L&L Partners [formerly Luthra & Luthra Law Offices] is a leading full service law firm, with a team of over 300 counsels including 70 partners, with offices at New Delhi, Mumbai, Bengaluru and Hyderabad.

       In keeping with the Firm’s legacy of offering exceptional legal solutions and client advice; teams at the Firm ensure that clients receive practical, innovative and cost-effective advice in a responsive manner, while upholding the highest ethical standards. Enormous amounts of knowledge, experience and commitment, successfully help close/ resolve complex and high value transactions & disputes, with practical & creative legal solutions.

       Consistently ranked and globally recognized as leaders in the field, we adopt a forward-looking approach towards the practice of law, combining both conventional practice areas and emerging sectors, setting benchmarks and the highest technical standards within the legal fraternity.

       Whilst handling clients across major industry practice areas and sectors, we provide legal guidance and assistance to a wide range of domestic and international clients as well as foreign firms, adding to a multitude of global clients.

       Since its inception in 1991 which coincides with India’s economic liberalization, we have assisted numerous multinational corporations to set up their presence in India, and navigate the complex Indian legal system.

      DepartmentNameEmailTelephone
      Corporate Rajiv Luthrarajiv@luthra.com+91 11 2372 2300
      Corporate/M&A; Private Equity Samir Dudhoriasdudhoria@luthra.com+91 11 4121 5106
      Corporate/M&A; Private Equity Shinoj Koshyskoshy@luthra.com+91 11 4121 5114
      Banking and finance Aniket Senguptaasengupta@luthra.com+91 11 4121 5191
      Competition and Antitrust G R Bhatiagbhatia@luthra.com+91 11 4121 5192
      Competition and Antitrust Abdullah Hussainahussain@luthra.com+91 11 4121 5190
      Capital Markets Geeta Dhaniagdhania@luthra.com+91 11 4121 5108
      Dispute Resolution H S ‘Bobby' Chandhokebobby@luthra.com+91 11 4121 5145
      Dispute Resolution; White Collar Crime Sudhir Sharmassharma@luthra.com+91 11 4121 5146
      Dispute Resolution Vijay Sondhivsondhi@luthra.com+91 11 4121 5177
      Projects, Energy and Infrastructure Avirup Naganag@luthra.com+91 11 4121 5100
      Projects, Energy and Infrastructure Pallavi Bedipbedi@luthra.com+91 11 4121 5176
      Tax Vikas Srivastavavsrivastava@luthra.com+91 11 4121 5115
      Real Estate Vaibhav Surivsuri@luthra.com+91 11 4121 5124
      Anti-Corruption and Compliance; Corporate/M&A; Employment William V Johnwjohn@luthra.com+91 22 4354 7009
      Employment Suyash Srivastavassrivastava@luthra.com+91 11 4121 5123
      Corporate/M&A; Private Equity Deepak THMdeepakthm@luthra.com+91 22 4354 7007
      Corporate/M&A; Private Equity Jay Parikhjparikh@luthra.com+91 22 4354 7014
      Banking & Finance Karan Mitrookmitroo@luthra.com+91 11 4121 5143
      Corporate/M&A; Private Equity Vasudev Dibburvdibbur@luthra.com+91 80 4165 9245
      Number of lawyers : 300
      English
      Hindi
      Asia Pacific Loan Market Association
      IBA (International Bar Association)
      Inter-Pacific Bar Association (IPBA)
      Founder and Managing Partner : Rajiv K Luthra (rajiv@luthra.com/+91 11 4121 5100)
      Vice President - Client Development : Hitesh Kalwani (hkalwani@luthra.com/+91 91369 27515)

      L&L Partners Law Offices recently advised Vortiv Limited

      L&L Partners Law Offices recently advised Vortiv Limited, an Australian Stock Exchange listed technology investment company on its acquisition of Transaction Solutions International (India) Private Limited (TSI) from its joint venture partner, CX Partners. TSI specializes in providing solutions in the payments, electronic surveillance and managed services space, which owns and services one of the largest ATM networks for public and private sector banks in India.