Mr Rukshad Davar > Majmudar & Partners > Mumbai, India > Lawyer Profile

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

Work Department

Corporate/M&A and Competition

Position

Partner and Head of M&A Practice Group 
 

Career

Rukshad Davar is a partner and head of M&A practice group and specialises in banking and finance; competition; corporate/M&A; inbound investments into India; private equity and venture capital; and tax.

Rukshad is an Advocate and Solicitor admitted in India, and a Solicitor admitted in England & Wales.  Rukshad is also a Chartered Accountant admitted in India. 

Rukshad has over 23 years of experience in M&A, Inbound Investments, Restructurings, Joint Ventures, Corporate/Commercial, Competition/Anti-Trust and Direct Tax matters, and has successfully led and advised on complex domestic and cross-border mergers, acquisitions, restructurings, joint ventures, strategic investments, asset sales and purchases, slump sales and hive-offs, corporate advisory and direct tax and tax treaty matters. 

Rukshad’s practice is largely international focused given his prior work experience with Jones Day, and he continues to represent several international clients on their legal matters in India, as well as he represents domestic clients.  Rukshad has led and assisted on several stellar deals including representing MF Global in their insolvency, restructuring and stake sale to Philip Capital Securities, which was the second largest insolvency and restructuring in the financial services sector after the collapse of Lehman Bros.  He represents international clients in diverse sectors on their investments into India.

Languages

English, Hindi, Gujarati, Marathi

Memberships

  • Bar Council of Maharashtra and Goa
  • Bombay Incorporated Law Society
  • Institute of Chartered Accountants of India
  • International Bar Association
  • International Association for Young Lawyers (AIJA)

Education

  • BCom, HR College of Commerce and Economics, University of Mumbai (1995)
  • LLB, KC Law College, University of Mumbai (1998)
  • Chartered Accountant, India (inactive) (1998)

Lawyer Rankings

India > Corporate and M&A

(Leading individuals)

Rukshad DavarMajmudar & 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 > Antitrust and competition

The competition practice at Majmudar & Partners is focused on handling transactional issues for a global client roster of financial services, manufacturing, pharmaceuticals, healthcare and FMCG businesses. Ongoing instructions for practice head Rukshad Davar involving advising on pre-merger notifications, merger control filings, compliance with cartel legislation and pricing arrangements.

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 > Insurance

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 > Restructuring and insolvency

Benefiting from a strong banking practice, Majmudar & Partners provides a multidisciplinary service further covering corporate and tax law issues in the contexts of insolvency and bankruptcy matters. The practice demonstrates sector-specific expertise across manufacturing, telecoms, financial services and technology, and is often instructed to handle complex corporate restructuring issues. Neerav Merchant, who focuses on dispute resolution, jointly leads the department with Rukshad Davar, who specialises in M&A and corporate restructuring.