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 > Insurance

The insurance practice at Majmudar & Partners advises on M&A and joint ventures (including joint venture restructuring exercises), associated regulatory guidance, and insurance policy and fraud protection products. Joint practice heads Akil Hirani and Rukshad Davar are the key contacts.

India > Tax

Majmudar & Partners has become ‘a one-stop service‘ for international corporate clients and high-net-worth investors with tax issues pertaining to transfer pricing, permanent establishment and fund structuring from overseas. The practice is also experienced at handling domestic employee tax and ESOPs work, with Akil Hirani being well-versed in structuring equity compensation plans and M&A-related reorganisations. Ravi Raghavan remains ‘responsive and efficient‘ alongside fellow department co-head Hirani, particularly while forming litigation strategy. Rukshad Davar is another key name, particularly for US-based clients such as NapCloud, when preparing documentation for GST exemptions from service exports.

India > Private equity and investment funds

Majmudar & Partners advises venture capital and private equity houses from India and abroad on buyouts, exits and associated regulatory issues. Co-heads Akil Hirani and Rukshad Davar advise on transactions in the life sciences, retail, financial services and manufacturing sectors. The Bangalore desk — which houses co-head N. Raja Sujith — has a growing practice in advising company founders on their fundraising rounds.

India > Antitrust and competition

Majmudar & Partners‘ competition team is led by Rukshad Davar and advises international manufacturing and healthcare sector clients on merger control. The practice assists clients with obtaining approval from the CCI and ensuring domestic operations are compliant.

India > Corporate and M&A

(Leading individuals)

Rukshad DavarMajmudar & Partners

A raft of client wins for Majmudar & Partners‘ corporate, M&A and joint ventures team reflects consistent growth in the life sciences, financial services (including fintech), technology, manufacturing and retail sectors. The trio of co-heads Akil Hirani, Rukshad Davar and Bangalore-based N. Raja Sujith, as well as associate partner Kritika Agarwal  and Amrit Mehta advise on the breadth of mandates, including strategic M&A, joint ventures, corporate restructuring and governance, often in tandem with the firm’s tax and competition experts.