Mr Akil Hirani > Majmudar & Partners > Mumbai, India > Lawyer Profile

Majmudar & Partners
Raheja Chambers, 2nd Floor
Free Press Journal Road, Nariman Point
Mumbai 400 021
India

Work Department

Transactions and Corporate/M&A

Position

Head of Transactions Practice and Managing Partner

Career

  • Enrollment in the Bar in August 1992.
  • Qualified to practise law in India, California, and England & Wales, although currently on inactive status in the latter two jurisdictions. Having work experience in California and London.

  • Judicial Clerk at the Superior Court of Santa Clara County, San Jose, CA – 1995

  • Worked at Lawrence Jones (now merged into TLT), London, UK – 1996
Akil Hirani is the head of transactions practice and managing partner and specialises in banking and finance; corporate/M&A; private equity and venture capital; projects and energy; tax; and technology, media and telecommunications.

Particular experience includes structuring investments of foreign companies and financial institutions into India, tax and regulatory advice, M&A, joint ventures, and private equity. Represent the who’s who of banks, multinationals and funds.

Languages

English, Hindi, French, Gujarati, Marathi

 

Memberships

  • Bar Council of Maharashtra and Goa
  • Bombay Incorporated Law Society
  • State Bar of California
  • International Bar Association
  • American Bar Association
  • Law Society for England and Wales

Education

  • BA, St. Xavier’s College, University of Mumbai (1989)
  • LLB (Hons.), Government Law College, University of Mumbai (1992)

Lawyer Rankings

India > Insurance

(Leading individuals)

Akil HiraniMajmudar & Partners

Clients of Majmudar & Partners’ insurance practice include international insurers and reinsurers for which practice heads Akil Hirani and Rukshad Davar recently advised on joint venture arrangements in the healthcare insurance space, card payment protection plans, group insurance structures, wind downs and regulatory advice for plan rollouts. Private sector financial institutions recently engaged the team to advise on warranty and indemnity insurance matters.

India > Corporate and M&A

(Hall of Fame)

Akil HiraniMajmudar & Partners

Combining expertise in tax and competition law with M&A capabilities, Majmudar & Partners provides comprehensive services to a variety of clients operating in sectors, such as financial services, pharmaceuticals, technology and manufacturing. With extensive experience advising on public and private M&A, Akil Hirani leads the department with Rukshad Davar, whose transactional expertise covers restructuring matters, and N. Raja Sujith. Kritika Agarwal, who focuses on corporate and competition law, is another key member in the team.

India > Private equity and investment funds

Led by Akil Hirani, N. Raja Sujith and Rukshad Davar, Majmudar & Partners’ private equity practice is retained by Indian and US-based funds operating in the manufacturing, pharmaceuticals and technology sectors. Ongoing engagements for the team include cross-border portfolio acquisitions, minority buyouts and exits. Tax-led advice on fund structuring is also provided to venture capital and private equity funds.

India > Tax

Recent highlights for Majmudar & Partners’ tax practice co-head Akil Hirani involved advising high-profile multinational clients on complex ESOP and equity compensation plan structuring, alongside a healthy stream of M&A-related tax structuring. International corporate clients and high-net-worth investors benefit from co-head Ravishankar Raghavan’s extensive knowledge of permanent establishment issues, international taxation treaties and the establishment of Indian subsidiaries. The team witnessed an increase in US-based clients, who instructed Rukshad Davar to advise on joint venture restructuring and transfer pricing provisions for their Indian operations.

India > TMT

Majmudar & Partners‘ practice focuses primarily on technology transactions, data privacy, competition law in the field of technology and complex regulatory matters. Recently, the team has seen a growth in instructions from clients looking to establish data centers in India, such as Microsoft. Akil Hirani is an expert in IT regulation, data protection, outsourcing and IP matters. Neerav Merchant has notable expertise in the technology sector, which includes advising clients on data privacy and trade marks. N. Raja Sujith is a key partner for TMT clients involved in corporate transactions.

India > Banking and finance

With notable investment in the energy, fintech and microfinance sectors, Majmudar & Partners is well equipped to advise clients on a wide range of transactions and shows particular strength in assisting Indian clients providing loans to overseas borrowers. Akil Hirani, who is a qualified practitioner in India, England and California, brings a wealth of experience to clients in all areas of banking and finance. Fraser Alexander is a go-to partner for clients banks embroiled in financial disputes. Neerav Merchant is also recommended.