Khaitan & Co LLP > Mumbai, India > Firm Profile

Khaitan & Co LLP
MUMBAI 400 013

India > Antitrust and competition Tier 1

Khaitan & Co LLP stands out for its strength in handling multi-jurisdictional competition law matters, and has a solid track record in acting for private entities, government bodies, leading corporates and large public sector companies. In New Delhi, practice head Manas Kumar Chaudhuri advises on enforcement matters relating to anti-competitive agreements and abuse of dominance claims, and regularly appears before the Competition Commission of India (CCI) and the Supreme Court. Also in New Delhi, Sagardeep Rathi specialises in merger control filings, bid rigging and cartelisation issues. Mumbai-based Anshuman Sakle – who rejoined from Cyril Amarchand Mangaldas in mid-2022 – assists with merger control cases, abuse of dominance issues, cartel investigations, and the competition law aspects of joint ventures and distribution agreements. Anisha Chand and Pranjal Prateek are key names to note in the Mumbai and New Delhi offices respectively.

Practice head(s):

Manas Kumar Chaudhuri

Key clients

Viterra India Private Limited

Leading Kraft Paper Manufacturers

Anheuser-Busch InBev SA/NV

Apollo Tyres Limited

INOX India Private Limited

Axis Bank Limited

Umang Commercial Company Private Limited

JSW Energy Limited

Abu Dhabi Investment Authority

Oman Investment Corporation

India > Banking and finance Tier 1

Khaitan & Co. relies on its pan-India presence to provide advice on complex financing transactions to a diverse client base that comprises major corporates, banks, NBFCs, and financial institutions. Key areas of expertise include acquisition financings, real estate finance work, mezzanine financings and regulatory issues. Kumar Saurabh Singh is well renowned for his expertise in all variations of debt transactions, while Devidas Banerji leads the team in Kolkata and is known for his expertise in the aviation finance space. Manisha Shroff specialises in domestic and international debt issuance transactions, while the duo of Siddharth Srivastava and Rajeev Vidhani have extensive expertise in syndicated lending arrangements and structured finance matters.

Practice head(s):

Kumar Saurabh Singh; Devidas Banerji; Manisha Shroff; Siddharth Srivastava; Rajeev Vidhani


‘Deep and broad competence with extremely dedicated professionals. Strong bench strength with an ability to pull in additional and very competent resources last minute when required which is critical when doing large billion $ deals. Would definitely recommend Khaitan & Co for any deal both in India and cross border.’ 

‘Manisha Shroff is superb to work with.’

The firm has a good banking and finance practice. The strength is of course they are well versed in the law as well as on the regulatory side of things and the partner with whom we deal is open to discussing new ways of analyzing situations for taking certain risk calls by the bank.’

Key clients

Ivanhoe Cambridge and Lighthouse Canton Pte Ltd.

Axis Bank Limited

Oman Investment Corporation

SBI Mutual Fund

Aseem Infra Finance Limited

HDFC Bank Limited

Morgan Stanley

Brookfield Asset Management

Tata Realty and Infrastructure Limited

IndusInd Bank Limited

Mizuho Bank, Ltd., Singapore

REC Limited and Power Finance Corporation Limited

Spaceway Wellness Private Limited

Inbrew Beverages Private Limited

RBL Bank Limited

Japan Bank for International Cooperation

ICICI Bank Limited

India Infradebt

SAEL Limited

Indian Renewable Energy Development Agency Limited

NIIF Infrastructure Finance Limited

Tata Cleantech Capital Limited

Tata Capital Financial Services Limited

State Bank of India

Kotak Mahindra Bank Limited

Bank of Baroda

Union Bank of India, Dubai

Mars Growth Capital Fund 1, L.P

IndusInd Bank Limited

Capri Xponentia Managers LLP

Investec Bank Plc

BPEA Investment Managers Private Limited

T.S. Rajam Rubbers Private Limited

L&T Finance Limited

JM Financial Credit Solutions Limited

Neo Asset Management Private Limited

Worldbusiness Capital, Inc.

Aditya Birla Finance Limited

IDFC First Bank Limited

Credit Suisse Securities (India) Pvt Ltd

Arka Fincap Limited

Work highlights

  • Represented Ivanhoe Cambridge and Lighthouse Canton Pte Ltd in availing various term loan facilities by its special purpose vehicles.
  • Advised Oman Investment Corporation on the acquisition of the entire shareholding of Sembcorp Energy India Ltd.

India > Capital markets Tier 1

Khaitan & Co. excels across equity and debt capital markets work in India, with extensive experience spanning initial public offerings, rights offerings and qualified institutional placements. The team has seen an increase in equity capital markets mandates and continues to advise domestic investors on the listing of companies. Sudhir Bassi, who has expertise in regulatory matters and all types of capital market transactions, leads the team, while Abhimanyu Bhattacharya focuses on follow-on public offerings, QIPs and offshore high-yield bonds. Madhur Kohli and Aditya Cheriyan have longstanding experience in handling the issuance of Basel II and Basel III bonds and international offerings. Other key members of the department are Gautham Srinivas and Manisha Shroff.

Practice head(s):

Sudhir Bassi


‘Very focused, good services and professional attitude.’

‘Dedicated and skilled, with good understanding of the markets and precedents.’

Key clients

Nexus Select Trust REIT

Ruchi Soya Industries Limited

Crompton Greaves Consumer Electricals Limited

State Bank of India

Reliance Jio Infocomm Limited

L&T Finance Limited

Vedanta Resources Limited

Creditaccess Grameen Limited

Vedant Fashions Limited

Campus Activewear Limited

Paradeep Phosphates Limited

Bikaji Foods International Limited

Indiabulls Real Estate Limited

Syrma SGS Technology Limited

Inox Green Energy Services Limited

Keystone Realtors Limited

Landmark Cars Limited

DCX Systems Limited

Anupam Rasayan India Limited

BIBA Fashion Limited

Work highlights

  • Advised Patanjali Foods Limited on a public offering of up to 6,61,53,846 equity shares.
  • Assisted Crompton Greaves Consumer Electricals Limited with the issuance of up to 3250 secured, rated, listed, redeemable, non-convertible debentures.

City focus: Chennai > Leading firms Tier 1

Khaitan & Co. established its Chennai office July 2021 focusing on corporate M&A, venture capital, private equity and general commercial work. Vivek Sriram, Arva Merchant and Thriyambak J. Kannan are three of the key team members who undertake an impressive range of commercial work in industries ranging from energy and industrial products to consumer products and services. Its client list is also impressive; from smaller investors to well-known global corporations.

Other key lawyers:

India > Corporate and M&A Tier 1

Consisting of ‘hardworking, ambitious, and knowledgeable legal minds’, the Khaitan & Co LLP corporate practice regularly advises on conceptualisation of M&A, de-mergers, and strategic alliances. With a client base which includes Indian companies, along with entities from across the United States, Europe, and Africa, the team has expertise in the e-commerce, gaming, and pharmaceutical industries. From Mumbai, Haigreve Khaitan consistently assists companies, directors and financial institutions, Rabindra Jhunjhunwala is an expert on PE investments, and Aakash Choubey is knowledgeable on Indian corporate and investment laws. In New Delhi, Bharat Anand focuses on joint ventures, whilst Bengaluru-based Ganesh Prasad concentrates on corporate restructurings, and Rajat Mukherjee is knowledgeable in the pharmaceutical space.

Other key lawyers:

Haigreve Khaitan; Rabindra Jhunjhunwala; Bharat Anand; Aakash Choubey; Ganesh Prasad; Kartick Maheshwari; Niren Patel; Arindam Ghosh; Vineet Shingal; Rajat Mukherjee; Mehul Shah; Ashraya Rao; Vidushi Gupta; Gaurav Malhotra; Kartikeya Prakash; Ashraya Rao; Prasenjit Chakravarti; Sushmita Sarin; Nitish Goel


‘Khaitan has a very diverse set of partners and associates. We have never felt that they didn’t have the correct partner or expertise in any aspect that we had to go to another firm. We have engaged in many aspects – M&A, general queries, land matters, taxation matters, arbitrations, commercial disputes, indemnity claims, banking and much more with them and have always been satisfied with the result. The partners are available and easily accessible and give their 100% on any assignment they have worked on for us.’

‘The main people we work with are Prasenjit Chakravarti, Nitish Goel and Sushmita Sarin from Khaitan. While they are primarily all into M&A, they ensure that they are involved with any interaction we have in other domains while dealing with Khaitan. They go above and beyond with their efforts and have consistently been our preferred choice because of this in the last five years. They will connect to the right partner, provide their help when needed and even ensure follow up internally to see to it that our work is being done correctly and in a timely manner. I trust them blindly and would continue using them in the future.’

‘We have always enjoyed working across various teams at Khaitan. The firms is made up of very hardworking, ambitious and knowledgeable legal minds who have great experience of working on prominent matters across international jurisdictions. As a result, they are experienced and adequately staffed to address any legal or regulatory complexity that could arise on a transaction.’

‘Kartikeya Prakash (Partner) and Aman Dwivedi (Principal Associate) particularly stood out as leading a very complex transaction for us. They were readily available at odd hours to suit various time zones involved in the transaction and led the meetings with respect, gravitas and knowledge to deliver a successful outcome.’

‘The practice has a number of brilliant and driven lawyers. These leaders lead from the front and are available to answer to the client. Transactions are not left for junior lawyers to run. The Firm is not focused on merely increasing its chargeable hours. They are keen to develop a relationship with clients. Their hunger to do better is commendable.’

‘Surbhi is clearly commercially savvy, hardworking and practical in her approach. She understands the deal dynamics and the personality behind the people involved in the deal. Her attitude towards client work is a refreshing change from lawyers who are merely transactional in approach.’

Key clients

Poonawalla Fincorp Limited

IIFL Finance Limited


Plastic Omnium

Inbrew Beverages

Indo Count Industries Limited

Mahindra & Mahindra Limited

L&T Technology Services Limited (LTTS)

Godrej Consumer Products Limited

JSW Energy Limited

Oman Investment Corporation (S.A.O.C.)

Digital Edge DC

Daiwa Securities Group Inc

KWE-Kintetsu World Express (S) Pte Ltd. and Kintetsu

World Express (India) Private Limited

Papa John’s International, Inc.

Dalmia Cement (Bharat) Limited

F2 Fun and Fitness (India) Private Limited, Gul Advani, Valecha Investments Private Limited, Prashant Machwe, Shraddha Sheth, Sangeeta Mansharamani and Nikhil Kakkar

PI Health Sciences Limited

INEOS Styrolution APAC Pte. Ltd.

Shareholders of ABC Consultants Private Limited

Univo Education Private Limited

GTI Capital Holdings Private Limited

Borosil Renewables Limited

Jagsonpal Pharmaceuticals Limited

Adaniconnex Private Limited

RPSG Ventures Limited & RP-Sanjiv Goenka Group

Techniks Inc.

Eris Lifesciences Limited

Warner Music India Private Limited

Fungible, Inc

Arista Networks

Reliance Industries

Nextiva Inc

Work highlights

  • Advised IIFL Finance Limited and IIFL Home Finance Limited (a subsidiary of IIFL Finance Limited) in relation to investment by Abu Dhabi Investment Authority for acquisition of 20% stake in IIFL Home Finance.
  • Assisted Poonawalla Fincorp Limited in entering into definitive agreements for sale of its housing finance subsidiary Poonawalla Housing Finance Limited to global private equity fund TPG at a pre-money equity valuation of INR 3,900 Crores (USD 473 million) and subject to receipt of regulatory approvals (including approvals of the Reserve Bank of India and the National Housing Bank).
  • Advised Infosys in respect of Indian law matters on its acquisition with the captive unit of Danske Bank in India.

India > Data protection Tier 1

Jointly led by Supratim Chakraborty and Harsh Walia, the data protection team at Khaitan & Co. stands out for its multidisciplinary approach. Drawing together specialists from various practice areas such as TMT, corporate, IP, and competition, the practice runs the gamut of advisory matters across industries such as fintech, e-commerce, insurance, and securities markets. In Kolkata, the ‘very proactive' Chakraborty advises on emerging legislation as well as the data aspects of major transactional matters. In New Delhi, Walia is routinely instructed by large tech companies, regulatory authorities, and media organisations on cross-border data transfers and security mandates; counsel Shobhit Chandra is another key name here. Also in Delhi is telecoms regulatory and data protection specialist Abhinav Chandan.

Practice head(s):

Supratim Chakraborty; Harsh Walia

Other key lawyers:


‘Supratim Chakraborty has a good grasp on this evolving subject and that is what makes him and his team distinct.’

‘The Khaitan & Co team has hands-on knowledge on the subject of data protection law. They have expertise in not just Indian data protection law, but also advise on GDPR compliances.’

‘Supratim Chakraborty is a very proactive lawyer, having hands-on experience in handling any kind of queries and compliance with data protection law.’

‘Harsh Walia is responsive and knowledgeable in data privacy and cyber law.’

‘The practice tailors its services to provide personalised solutions.’

‘We were impressed by Supratim Chakraborty’s exceptional expertise in the field. His level of knowledge and skill truly sets him apart from others. Additionally, his involvement with high-level authorities was a great asset.’

‘Awesome team of partners, associates and lawyers.’

‘Solution oriented approach with clear understanding of the subject matter and its impact on business operations.’

Key clients

Reliance Industries Limited Group

Meta Platforms, Inc.

Bloomberg LP

STT Global Data Centres India Private Limited

SK Innovation

The Pokémon Company

Axis Bank Limited

Work highlights

  • Advising Reliant Industries Limited Group on several aspects of its data privacy and protection compliances, including review of existing data privacy policies, considering its large scope of business. As part of such activities, advised the client on mandatory disclosures in its privacy policy, reasonable security practices, etc.
  • Meta sought an extensive analysis of data access and surveillance regulations in India, including queries on law enforcement assistance, data retention, encryption use, and more. By navigating the intersection of technology and telecommunications law, the team was successful in identifying specific obligations and providing practical solutions for compliance.
  • Providing an analysis of website terms of use and privacy policy for ‘Pokémon Café ReMix’ to ensure compliance with prevailing information technology and data protection laws in India. Conducted a detailed assessment of the client’s services with their existing policies, and proposed necessary changes to meet compliance standards, while minimizing country-specific alterations.

India > Dispute resolution: arbitration Tier 1

With sector-specific expertise in the engineering, heavy industry, finance, and hospitality spaces, the disputes team at Khaitan & Co. regularly acts for individuals, state-owned companies, and multinational corporations. Fielding a large team with broad geographic coverage, the group has experience representing clients in complex foreign-seated arbitrations as well as ad-hoc domestic proceedings. In Noida, Ajay Bhargava and Sanjeev Kapoor are the key names, while Kingshuk Banerjee, Chakrapani Misra, and Raj Panchmatia handle commercial and contractual arbitrations from the firm’s Mumbai office. Rajat Jariwal and Mayuri Tiwari left the practice in 2023.

Other key lawyers:

Vanita Bhargava; Kingshuk Banerjee; Charapani Misra; Nandini Khaitan; Ajay Bhargava; Sanjeev Kapoor

Key clients

Steelcase Asia Pacific Holdings India Private Limited

Mumbai Metropolitan Region Development Authority (MMRDA)

Kalpataru Power Transmission Limited

India Glycol Limited and IGL Chem International USA LLC

L&T Finance Limited

Essar Exploration and Production Limited

Vedanta Limited

Inox Wind Limited

Philips India Limited

Swiss Singapore India Pvt Ltd (An Aditya Birla Group Company)

Patel Engineering Limited (“PEL”) and Dirang Energy Private Limited (“DEPL”)

My Preferred Transformation & Hospitality Pvt Ltd

Work highlights

  • Advised and successfully represented Steelcase Asia Pacific Holdings India Private Limited (“Steelcase”) before the High Court of Punjab and Haryana at Chandigarh (the “Court”) in a matter under Section 11(6) of the Arbitration and Conciliation Act, 1996 (the “Act”), filed by Phoennix Clearing and Forwarding Private Limited (“Phoennix”).
  • Representing and advising MMRDA in the arbitration proceedings initiated by Simplex Infrastructure Limited relating to the termination of the contract for part design and construction of Metro Line 2B in Mumbai, India.
  • Representing and advising Kalpataru Power Transmission Limited in proceedings under section 34 of the Arbitration and Conciliation Act, 1996 (“the Act”) filed against it by Hindustan Petroleum Corporation Ltd (“HPCL”).

India > Dispute resolution: litigation Tier 1

Praised by clients for its ‘depth of knowledge and exceptional talent,’ the litigation team at Khaitan & Co. assists clients at all stages of contentious matters, across all levels of the courts. The team has notable industry strength in energy and natural resources, representing both oil and gas companies as well as clients in the renewables industry. Core names in the team include Sanjeev Kapoor, an experienced litigator with a broad practice and particular expertise in cross-border litigations and multijurisdictional disputes, Ajay Bhargava, who handles constitutional and corporate disputes, and Raj Panchmatia, who is recommended for commercial litigation and enforcement matters. Kapoor and Bhargava are based in Noida, while Panchmatia is based in Mumbai.


‘Sanjeev Kapoor – Well known and respected in commercial circles as an astute dispute resolution lawyer.’

‘Depth of knowledge and exceptional talent.’

‘The team is comprised of excellent lawyers with in-depth knowledge of Indian laws and the Indian court system. They are also commercially minded which is a huge asset. Finally, they are a pleasure to work with – highly responsive and great team players. ’

‘Khaitan & Co has a diverse and highly competent set of litigators that are able to provide on-the-ground support across India.’

‘Excellent guidance and strategic input about the Indian litigation system ’

‘Kingshuk Banerjee is extremely responsive and we feel comfortable relying on his expertise to guide us through complex litigation ’

‘Sanjeev Kapoor is an extraordinary team player with an acute sense of strategy.’

‘The team at Khaitan is very efficient and highly knowledgeable. ’

Key clients

Multiplex Association of India, PVR Limited, INOX Leisure Limited

Mumbai Metropolitan Region Development Authority

Football Sports Development Ltd.

Inox Leisure Limited

HDFC Bank Limited

Lupin Limited

CEAT Limited

Hasumati Vora

Adani Enterprises Limited

Kalpataru Power Transmission Limited

Essel Mining and Industries Limited

Shyam Steel Industries Limited

TATA Power Company Limited

Ambuja Cement Limited

Sekura Roads Limited

P C Financial Services Private Limited

Saregama India Limited

Dalmia Cement (Bharat) Limited

United Breweries Limited

Suzlon Gujarat Windpark Limited

Reliance BP Mobility Limited

Essel Mining and Industries Limited

ECL Finance Limited

Racing Promotions Private Limited

HT Media Limited

Aditya Birla Finance Limited

LIC Housing Finance Limited (“LICHFL”)

OYO Hotels and Homes Private Limited

Larsen and Tubro Limited

India Cements Limited

Paragon Polymer Products Private Limited

Simplex Infrastructure Limited

Howden Solyvent India Private Limited

Work highlights

  • Represented Multiplex Association of India, PVR Limited and INOX Leisure Limited before the Hon’ble Supreme Court of India is batch of matters relating to the issue of allowing outside food and beverages inside Multiplexes.
  • Advising and representing MMRDA in relation to the appeal against an order of the National Green Tribunal (“NGT”) directing the quashing of the Coastal Regulatory Zone (“CRZ”) Approval granted to MMRDA to implement flood mitigation measures along the Mithi River.

India > Insurance Tier 1

The team at Khaitan & Co LLP is renowned for advising on complex interpretational and compliance issues, corporate transactions, and has further seen an uptick in insurance companies and intermediaries requiring representation before the Securities Appellate Tribunal (SAT) in appeals against the orders of the Insurance Regulatory and Development Authority of India (IRDAI). Operating from Noida, Nikhil Narayanan leads the practice alongside Singapore-based Anuj Shah and Mumbai-based Niren Patel, drawing on their combined expertise in M&A to advise multinational insurance giants on significant transactions in India’s insurance sector. Other recommended individuals include Saswat Subasit, an adviser to investors, brokers and web aggregators on their dealings with insurance companies and intermediaries; Nayantara Kutty, who provides strategic advice across a number of sectors, including insurance; and principal associate Harsh Khemka, who ‘has a sharp-mind, strong work ethic and is extremely client-centric’. All named individuals are based in Mumbai unless noted otherwise.

Practice head(s):

Nikhil Narayanan; Anuj Shah; Niren Patel


‘Khaitan & Co LLP is very experienced, responsive, and commercial. Within insurance, the team has a strong breadth and depth of knowledge and great access.’

‘Anuj Shah is seasoned, calm and methodical in his thinking and analysis.’

‘Harsh Khemka has a sharp-mind, strong work ethic and is extremely client-centric.’

Key clients

Aditya Birla Capital Limited and Infocyber India Private Limited


American Family Ventures, MassMutual Ventures

TVS Capital Funds

Faering Capital Private Limited

Arthur J. Gallagher

Axis New Opportunities AIF – I

Prudential Plc

Aviva Plc

Swiss Re

Abu Dhabi Investment Authority

True North

Work highlights

  • Advised Aditya Birla Capital Limited and Infocyber India Private Limited on their proposed exit from Aditya Birla Insurance Brokers Limited by way of a 100% stake sale to Edme Services Private Limited.
  • Advised American Family Ventures, MassMutual Ventures, GGV Investments and SIG Global on their Series E investment in Fintech Blue Solutions Private Limited.
  • Advised TVS on its Series A investment in Girnar Insurance Brokers Private Limited.

Intellectual property Tier 1

With a presence across Mumbai, New Delhi, Bangaluru and Chennai, Khaitan & Co LLP supports its clients with complex matters relating to patents, designs, trademarks, copyrights, domain names and other related issues. The experienced Mumbai-based duo of Adheesh Nargolkar and Shailendra Bhandare head the renowned IP practice, which is well versed in local and international filings, prosecution, transactions and enforcement. IP all-rounder Nishad Nadkarni is part of the International Association for the Protection of IP (AIPPI) and is also based in Mumbai; he comes recommended alongside registered patent agent Smriti Yadav and principal associate Sourav Dan, a notable figure in the team’s transactional and commercial IP practice. In New Delhi, the main contacts are Ankur Sangal, a regular representative before the Appellate Board, High Court and Supreme Court, and Nirupam Lodha, who specialises in IP and tech-related transactions. The team also draws on support from the firm’s Singapore desk.

Practice head(s):

Adheesh Nargolkar; Shailendra Bhandare


‘They are very organized, detail oriented, responsive, and creative where that is called for. We like that they have learned a lot about our business, and they are a pleasure to work with.’

‘They are very responsive, stay on top of matters and don’t need reminders from me.’

Key clients

Aditya Birla Fashion and Retail Private Limited

Amazon Technologies Inc.


Avendus Capital Pvt. Ltd.

Beam Suntory

upGrad Education Pvt. Ltd.

CEAT Limited

Ecolibrium Energy Private Limited

Eureka Forbes

Eveready Industries Limited

Godrej Group Companies

GSK Asia Private Limited

Hero Electric Vehicles Private Limited

Hetero Drugs

Novartis AG

Hindustan Unilever Limited

House of Anita Dongre Limited

TVS Group

Pumas AI

Qualcomm India Pvt Ltd

Capital Foods Pvt Ltd

Endemol India Private Limited

Playboy International, Inc.

Metro-Goldwyn-Mayer Studios, Inc.

Danjaq, LLC

Dr. Lal Pathlabs Limited

Standard International Management, LLC

Euro Alliance, S.A.

Shree Guru Gobind Singh Tricentenary University

Thapar Institute of Engineering and Technology

Universal Music

Mankind Pharma

Hero Electric Vehicles Private Limited


Work highlights

  • Advised Inox Leisure and its promoter shareholders on the merger of INOX with PVR.

India > Labour and employment Tier 1

Counting major domestic and international corporates among its impressive roster of clients, Khaitan & Co. assists on the full-range of contentious and non-contentious employment matters, including industrial disputes, workplace harassment and discrimination, and workforce management matters. Mumbai-based Anshul Prakash leads the team and has a broad practice that covers the full suite of contentious and advisory cases. In Bengaluru, Vinay Joy is the key name for corporate and M&A-related work, whilst New Delhi’s Jeevan Ballav Panda takes point on labour disputes. The practice also fields a strong team of associates, including senior associate Kruthi Murthy and principal associate Abhimanyu Pal; both are Mumbai-based and recommended for their expertise in domestic and cross-border employee transfers and relocations, as well as social security and benefits issues.

Practice head(s):

Anshul Prakash

Key clients

Deutsche Bahn

British Telecom

Indo Nissin

NatWest Group (India)

HDFC Group

Kin and Carta

Nissin Foods

LIC Housing Finance

Dara Pharma


Work highlights

  • Advised Quadria Capital Advisors in terms of conducting a comprehensive review of employment law compliance vis-à-vis Maxivision Eye Hospitals, which runs a network of eye care clinics, in connection with the client’s investment of up to INR 1,300 crores into the share capital of the said company through primary investment and secondary acquisition.
  • Advised Waters Corporation on all employment aspects in relation to the setting up of a development centre in India in partnership with a large (listed) information technology (IT) company in Bangalore.
  • Successfully advised and represented Tata Communications in a writ petition before the Delhi High Court in obtaining an interim stay order on the impugned order passed by the Assistant Labour Commissioner – Central (Delhi).

India > Private client Tier 1

India > Private equity and investment funds Tier 1

Khaitan & Co LLP represents a range of domestic and international financial sponsors on funds, investments and regulatory matters. Haigreve Khaitan co-heads the practice from Mumbai, advising on corporate matters including investments, corporate governance and restructuring across a spectrum of sectors including financial services, manufacturing, retail, and infrastructure. Aakash Choubey supports Khaitan as co-head, advising on various corporate and commercial transactions with proficiency in private equity investments. Siddharth Shah has experience advising foreign and domestic funds on regulatory and tax matters involving the structuring on investment and funds platforms, while Bharat Anand focuses on private equity transactions and joint ventures. Ganesh Prasad and Kartick Maheshwari are also key contacts in the team, with expertise spanning the e-commerce, IT and gaming, healthcare, financial services and real estate sectors between them.

Practice head(s):

Haigreve Khaitan; Aakash Choubey

Other key lawyers:


‘Khaitan & Co’s advice is designed to our needs and delivered in a fashion that is not only timely but also solution-oriented.’

‘Partner-driven practice approach, with unique sectoral experience and being a full-service firm, Khaitan & Co is adept at providing wholesome advice which aids us make quality investment decisions.’

‘Mayank Singh takes keen interest in resolving deal issues with a practical lens and has a great eye for detail.’

Key clients

Poonawalla Fincorp Limited (formerly Magma Fincorp


Brookfield Asset Management

Oman Investment Corporation (S.A.O.C.)

Sahyadri Hospitals Private Limited

Bandhan Financial Holdings Limited

Rhea Trading & Investments Private Limited

IIFL Finance Limited and IIFL Home Finance Limited

Global Dental Services Limited

TrueScale Venture Capital LLP and IIFL Asset Management Limited

Apis Partners

Euler Motors Private Limited

Porus Laboratories Private Limited

The Phoenix Mills Ltd

Kedaara Capital Advisors LLP

Sajjan India Limited

Insight Venture Management LLC through Insight Luxembourg XII S.à r.l

Digital Edge (Singapore) Holdings Pte. Ltd

B9 Beverages Limited.

Multiples Alternate Asset Management Pvt. Ltd.

Investcorp India Asset Managers Private Limited

Bryden Capital Limited

MUFG Innovation Partners Co. Ltd

Softgel Healthcare Private Limited (Softgel)

Odessa Technologies I

India > Projects and energy Tier 1

The team at Khaitan & Co. is highly regarded for its expertise in the infrastructure and energy space, and regularly handles complex M&A transactions and development mandates. The group has a solid track record in advising clients on operation and maintenance agreements, renewable energy projects, and cross-border bidding processes for infrastructure tenders. Based in Noida, Dibyanshu is a dual-qualified Indian and US lawyer, with expertise in project development matters; in Mumbai, Akhil Bhatnagar acts on joint ventures and corporate commercial matters and Gahan Singh acts for private equity funds. In Bengaluru, Swathy Ramanath is a key name for financing and concessions work, and Shivanshu Thaplyal focuses on corporate structuring transactions.

Practice head(s):

Dibyanshu; Gahan Singh; Akhil Bhatnagar; Shivanshu Thaplyal; Swathy Ramanath; Anuj Sahay; Prateek Bhandari

Other key lawyers:

Prashant Singh; Bhagirath Ashiya


‘I always enjoy working with Dibyanshu and his team because they are so knowledgeable about the market, excellent technically and super responsive. It is so easy working with them.’

‘The team’s strength is its ability to understand the commercial dynamics of a transaction, and their knowledge of the market.’

‘Akhil Bhatnagar is a skilled negotiator and is not afraid to represent his clients’ interests to the fullest extent possible.’

Key clients

Numaligarh Refinery Limited

Abu Dhabi Future Energy Company PJSC (Masdar)

Torrent Gas Private Limited

Torrent Power Limited

PTT Group

Mahindra Holdings Limited

JSW Energy Limited

Atha Group

Welspun Enterprises Limited

NITI Aayog and Ministry of Heavy Industries (MHI)

Oman Investment Corporation (S.A.O.C.)

Deccan Fine Chemicals (India) Private Limited

O2 Renewable Energy II Private Limited

O2 Power SG Pte. Ltd. and O2 Energy SG Pte. Ltd

Work highlights

  • Advised Abu Dhabi Future Energy Company on the Indian legal aspects of the sale of a stake by Mubadala Investment Company to Abu Dhabi National Energy Company and Abu Dhabi National Oil Company.
  • Advising Torrent Gas on the development of city gas distribution projects, involving assisting with project development contracts and procurement issues for entities owning and operating said projects.
  • Advised Numaligarh Refinery Limited (NRL) on the international bidding process and long-term contract for the supply of hydrogen and steam for refinery units in Assam.

India > Real estate and construction Tier 1

Khaitan & Co LLP’s real estate and construction team regularly advises clients on both traditional real estate matters and private equity transactional issues across the industrial, commercial, retail, residential, and hospitality sectors. On the traditional real estate front, the team handles large agricultural land title diligences, redevelopment and joint venture transactions, conveyancing, leasing, construction contracts, and matters relating to technology parks. From the Mumbai office, both Harsh Parikh and Devendra Deshmukh specialise in title diligence, drafting and negotiating transaction documents such as JDA, DA, and DMA, conveyance and lease deeds, and licence agreements. Deshmukh also undertakes title diligence exercises for agricultural lands and urban properties, while from the New Delhi office, Avnish Sharma advises on foreign investment in real estate, onshore and offshore structuring, development and collaboration transactions, as well as SEZ and private equity investments. Sudip Mullick and Yigal Gabriel focus on disputes and litigations arising out of construction contracts.

Practice head(s):

Avnish Sharma; Harsh Parikh; Devendra Deshmukh

Other key lawyers:

Deepak Jodhani; Sudip Mullick; Yigal Gabriel;

Key clients

Blackstone Asset Management

Brookfield Asset Management

Ares SSG

Elan Limited

Mahindra Holidays

Actis Advisors Private Limited

Mirae Asset Management

Digital Edge

Brookfield Digital Realty JV

Godrej Asset Management

K Raheja Corp

Shree Naman Developers Private Limited

Puravankara Limited

Sunteck Realty

L&T Realty

Work highlights

  • Advised on acquisition of land measuring approx. 40 acres situated in Gurugram, Haryana for mixed use project by Elan Limited from Indiabulls Real Estate Limited for a total of approx. INR 580 Crores.
  • Advised Brookfield Asset Management in relation to a joint venture with Bharti Enterprises for four commercial properties totalling to 3.3m square feet for a total consideration of INR 5000 crore.
  • Advised Blackstone Asset Management on the acquisition of warehousing assets situated Delhi by Blackstone Asset Managemen from TARC Limited or a total consideration of INR 295 crores.

India > Tax Tier 1

Specialising in both direct and indirect tax, the practice at Khaitan & Co LLP regularly advises large domestic companies, multinational corporations, funds, insurance companies and high-net-worth individuals. Advising on a range of matters, the team’s expertise covers domestic and international tax advisory, transfer pricing and supply chain structuring. Sanjay Sanghvi handles high-end tax controversy matters before tax and transfer pricing authorities, while Bijal Ajinkya specialises in international/cross border tax matters. Ritu Shaktawat sits in the direct tax practice while Indruj Rai also specialises in direct tax, both advisory and litigation matters. On the indirect tax front, Dinesh Agrawal specialises in customs valuations, classification, GST and trade remedies; Sudipta Bhattacharjee is well-versed in indirect tax advisory, controversy and contract documentation; Mayank Jain is also a key member specialising in indirect tax.

Key clients

Eversub India

Aditya Saraf HUF


EIH Associated Hotels

Naga Dhunseri Group


Alloys & Metals (India)

Cyberark Software

Torrent Pharmaceuticals

Britannia Industries

Rhea Trading & Investments

NewQuest Capital Partners

HIL Limited

Renesas Electronics

The J. P. Morgan (JPM)

Attivo Networks

Adtalem Global Education

Afcons Infrastructure

Balkrishna Tyres

Castrol Ltd. UK and Ors

Commscope India

Daiwa Capital Markets

Gameskraft Technologies

Hindalco Industries


Indian Bank Association (IBA)

IDP Education India

JSW Steel

Kerneos India Aluminate Technologies

Mahindra Aerostructures

Mahindra & Mahindra  (“M&M)

Openplay Technologies

Orchid Chemicals and Pharmaceuticals

Parker Hannifin India

Parle Biscuits

Petronet LNG

Quantum Labs

State Bank of India

Strata Geosystems (India)

Uber India Systems

United Spirits

Work highlights

  • Acted as tax counsel for Eversub India before tax authorities and appellate authorities on various high value tax and transfer pricing related matters in India including some of the intricate transfer pricing related aspects.
  • Advised Rhea Trading and Investments and its group entities on the sale of a stake in Focus Care and Focus Edumantics to Alpine Investors from an Indian law perspective.
  • Assisted Cyberark Software on the acquisition of stake in C3M along with an underlying Indian subsidiary.

India > TMT Tier 1

Consistently delivering ‘solutions on a timely basis’ Khaitan & Co. works alongside the corporate department, enabling it to cover tech and media transactions with contentious data breach litigation. The team has expanded its remit into the new tech space, boasting substantial expertise in artificial intelligence, metaverse, and blockchain matters. Based in Mumbai, Tanu Banerjee specialises in the commercialisation of tech content and film financing, whilst Supratim Chakraborty is an expert on data privacy and protection. In Noida, Harsh Walia focuses on telecoms licensing and commercial contracting in the TMT sector, while Abhinav Chandan concentrates on telecoms regulatory compliance.

Practice head(s):

Harsh Walia; Supratim Chakraborty; Tanu Banerjee

Other key lawyers:

Abhinav Chandan; Shobhit Chandra; Sumantra Bose; Ishan Johri


‘I have worked with Harsh and his team on telecoms regulatory, privacy and IP issues relating to web-scarping in India.’

‘Their legal practice stands out due to its unwavering commitment to client success and innovation. They take pride in their holistic approach that combines legal expertise with a deep understanding of their clients’ industries. Their team is not just a group of lawyers, but also strategic advisors who take the time to comprehend the intricate nuances of each case. This allows them to provide tailored solutions that address both legal challenges and business objectives.’

‘I work with Supratim and he stands out based on a combination of personal qualities, skills, and contributions to the firm’s success. Here are some factors that can make him stand out.’

‘Speed of service and subject matter expertise.’

‘Understand Business nuances and practical advice.’

‘Awesome team of lawyers.’

‘Khaitan & Co have perfect blend of partners.’

‘Solution on timely basis and always ensuring we close the paperwork in given timelines.’

Key clients

Reliance Jio Infocomm Limited

Nepean Capital LLP

Olam Technology and Business Services Pte Ltd

Hombale Films LLP

BMW India Private Limited

Olam Technology and Business Services Pte Ltd (OTBS) |

Review of IT Services Contract

Reliance Group | Jio Games Advisory

Telegram FZ-LLC

Comuto S.A.

Microsoft Ireland Operations Ltd.

India > White-collar crime Tier 1

Khaitan & Co. represents a wide range of major clients, including Uber India, Microsoft, and an array of high-profile domestic clients, throughout investigations by the CBI, state-level authorities, and police forces, up to high-stakes cases before the courts. The team also handles internal investigations, as well as cross-border proceedings, and offers multi-industry expertise across bribery, corruption, money-laundering, and harassment cases, among others. Key names in the practice include Susmit Pushkar, an experienced litigator who regularly represents clients before state High Courts and the Supreme Court, Rajiv Bhatnagar, who also regularly handles trials relating to fraud and financial crime, and Mumbai’s Manavendra Mishra, who advises clients on regulatory investigations by domestic and global authorities, with particular strength in POCA and money laundering cases. Principal associate Ishan Khanna is a key name for anti-corruption and money laundering cases, and is notably active in the IT space.


Exceptional domain knowledge, understand client needs and expectation, meticulous and detailed in research and advice, offer pragmatic solutions, well-connected within legal community to offer support, and fully conversant with regional and local dynamics.

Key clients

Uber India

Usha Martin Limited

T K Elevator India Private Limited

Hindalco Industries Ltd

Flipkart Internet Private Limited

Aptech Limited

ICICI Home Finance Company Ltd.

Berger Paints India Limited

INOX Leisure Limited

Times Internet Limited

Microsoft Corporation (India) Private Limited

P.C. Financial Services Private Limited

Shree Baidyanath Ayurved Bhawan Private Limited

Howden Solyvent (India) Private Limited

Coda Payments India Pvt. Ltd.

Inox Wind Limited

Jagran Solutions

Infoblox Technical Support and Software Development Private Limited

Delhi Gymkhana Club Limited

Ogaan India Private Limited

Pearl Academy

Work highlights

India > Aviation (including aerospace and defence) Tier 2

India > Life sciences and healthcare Tier 2

Work highlights

India > Restructuring and insolvency Tier 2

Khaitan & Co LLP is a go-to firm for clients seeking advice on distressed lending, corporate debt restructurings, and the insolvency resolution process. The experienced team includes Kumar Saurabh Singh, an expert in debt transactions and restructuring, and Ashwin Bishnoi, who is recommended for distressed investments. Siddharth Srivastava has handled some of the firm’s largest insolvency matters and regularly advises bidders on the preparation of their resolution plans. Other notable practitioners include Rajeev Vidhani and Nikhil Narayanan as well as principal associates Ashwij Ramaiah and Riya Agicha.

Practice head(s):

Kumar Saurabh Singh; Ashwin Bishnoi; Siddharth Srivastava; Rajeev Vidhani; Mehul Shah; Nikhil Narayanan; Prateek Kumar; Diwakar Maheshwari

Other key lawyers:


‘The banking and insolvency team are very good. They have strong partners who are hands on and updated. Their bench strength is also very good.’

‘Siddharth Srivastava, partner at Khaitan & Co, is very good. He is sharp, concise and very hands on. He has a stable team as well. He is one of most experienced insolvency and banking lawyers who always helps clients in tricky situations. He is approachable and easy to work with.’

Superb team and stupendous turnaround time.’

Professional and responsive team, who understand cross-border transactions.

Key clients

Reliance Industries Limited

Innova Captab Limited

Nippon Life Insurance Company (“NLI”)

MB Power (Madhya Pradesh) Limited

Dalmia Cement (Bharat) Limited

IndusInd Bank Limited

Torrent Power Limited

PFC Limited

Piramal Capital & Housing Finance Limited

Nomura Investments (Singapore) Pte. Ltd.

Asset Care & Reconstruction Enterprise Limited

A1 Infrastructure Limited

Dharampal Satyapal Limited

Vedanta Limited

REC Limited

Prakash Traders

Antanium Holdings Pte. Ltd. (previously known as Triterras Holdings Pte. Ltd.), (“AHPL”)

Invent Assets Securitisation and Reconstruction Private Limited

Work highlights

  • Acted as legal counsel for Reliance Industries Limited in submitting and implementing the resolution plan submitted by RIL along with Assets Care & Reconstruction Enterprise Limited for Sintex Industries Limited.

The firm: Founded in 1911, Khaitan & Co is one of the oldest Indian law firms. It combines a rich heritage of over 100 years with modern, cutting-edge and solution-oriented legal practice and offers full-service legal solutions to its domestic and international clients. The firm has a strength of over 530 fee-earners, including 115 partners and directors across its four offices.

The firm is one of India’s most recognised full-service law firms offering specialised advisory services to clients across all Indian law practice areas. The firm’s expertise in its practice areas has been widely recognised by various leading international rankings and publications including Chambers and Partners, Legal 500, IFLR 1000 and Asialaw Leading Lawyers.

The firm has received several awards and recognition in recent times for its work, some of which include: Law Firm of the Year, M&A Law Firm of the Year and Best Law Firm to work for – IDEX Legal Awards 2017; Law Firm of the Year and Best Overall Law Firm 2016 – India Business Law Journal – Indian Law Firm awards; India Deal Firm of the Year – Asian Legal Business (ALB) SE Asia Law Awards 2017; Best Indian Law Firm 2016 – Gold Award – International Legal Alliance Summit & Awards (ILASA); India National Law Firm of the Year – Chambers Asia Pacific Awards 2015; Best Overall Law Firm, competition and antitrust, energy, project and infrastructure, mergers and acquisitions, restructuring and insolvency – India Business Law Journal – Indian Law Firm Awards 2015; and Corporate and M&A Firm of the Year 2015 – Asian Mena Counsel.

Over the years the firm has attracted and retained some of the best legal talent in India to provide the high-quality legal counsel expected from it across all spheres of commerce and industry. The strategic hiring of partners has resulted in the addition of new practice areas, strengthening of the existing practice areas and also bringing in the best international practices.

Khaitan & Co is an independent law firm and routinely works with several leading law firms internationally on inbound and outbound assignments across various jurisdictions on multiple transactions across its practice areas.

Department Name Email Telephone
Banking and finance
Capital markets
Corporate/commercial and M&A
Dispute resolution
Energy, infrastructure and resources
Estate planning, trusts and private clients
Intellectual property
Labour and employment
Private equity
Real estate
Taxation (direct and indirect)
Technology, media and telecom
White-collar crime
Number of lawyers : 530
at this office : 280
and a variety of Indian regional languages
Contacts : Haigreve Khaitan (partner)
Contacts : Rabindra Jhunjhunwala (partner)

Sharper regulatory focus, green shoots for insurance and green hydrogen players expected in 2023: Khaitan & Co

Sharper laws, active regulatory oversight and new reforms to encourage foreign investments in promising sectors can provide a springboard to the economy, according to “Foresight 2023” released today by Khaitan & Co, a leading full-service law firm. The renewable energy sector is likely to see a tremendous boost because of several government initiatives, especially on green hydrogen. A new policy to allow foreign direct investment (FDI) into the space sector is also expected, along with likely production linked incentive (PLI) schemes for the makers of green hydrogen and electrolyzers. Insurers may also be granted more licenses and relaxed FDI rules will favour robust deal activity in the insurance sector.