Trilegal > New Delhi | Gurugram | Mumbai | Bengaluru, India > Firm Profile

New Delhi | Gurugram | Mumbai | Bengaluru

India > Antitrust and competition Tier 1

The competition practice at Trilegal has strength in advising national and multinational clients on obtaining clearance from the CCI in high-value merger control matters. Spanning across Mumbai, New Delhi, and Bengaluru, the team handles the competition aspect of commercial transactions, abuse of dominance cases, and audits. Practice head Nisha Kaur Uberoi in Mumbai is noted for her leniency applications. On the contentious side, new partner Gautam Chawla regularly represents clients before all levels of the judiciary. Associate Simran Kathuria is also recommended. Since publication, Rudresh Singh joined the team from Luthra and Luthra Law Offices India in July 2022.

Practice head(s):

Key clients

Groupe Peugeot S.A.

International Flavors and Fragrances Inc.


Schneider Electric SE

WABCO Holdings Inc

Grasim Industries Limited

Qualcomm Asia Pacific Pte Ltd.


ANI Technologies Pvt. Ltd. (Ola)

Oaktree Group

Medlife International Pvt. Ltd.

API Holdings Pvt. Ltd.

Tata Sons (USD 110 billion conglomerate)

Temasek Holdings Private Limited

Hyundai Motor Company and Kia Motors Corporation

GIC (Ventures) Private Limited

SSG Capital Management (Singapore) Pte. Ltd.

Port of Singapore Authority (PSA)

International Spirits and Wines Association of India

Coca Cola Company

NSK Limited

Naspers Limited

Nuvoco Vistas Corp. Ltd.

Ultratech Cement Ltd.

Arcelor Mittal Nippon Steel

Orkla and its subsidiary MTR Foods Private Limited

Glenmark Pharmaceutical Limited

Work highlights

  • Acted for Peugeot in the Indian competition law and merger control aspects for its USD 50bn merger with Fiat Chrysler Automobiles NV.
  • Advised International Flavors & Fragrance on the competition aspects of its $45bn acquisition of the Nutrition & Biosciences Business of DuPont de Nemours, Inc.
  • Assisted WABCO Holdings with the competition aspects of its $7bn acquisition by ZF Friedrichshafen AG.

India > Banking and finance Tier 1

Trilegal‘s banking and finance practice is retained by a highly diverse roster of domestic and international banks (from the private and public sectors), NBFCs, and multilateral agencies. The team saw considerable growth throughout 2020/21, with practice head Ameya Khandge and Kannan Rahul being joined by a raft of partners from Cyril Amarchand Mangaldas, including financial regulatory experts Shruti Rajan and Garima Joshi. Fellow new joins Pranav Sharma and Mallika Chopra further enhanced the team’s capacity for acquisition and sponsor finance, real estate finance, share or receivables-backed financings, structured finance and trade finance.

Practice head(s):


‘Great financing team that works well with sponsors and banks.’

Kannan Rahul is very hands on in matters and his vast banking experience makes him possess great amount of commercial knowledge and understanding of legal aspects, which assist in effective closure of transactions. He is also always approachable and available and very responsive to all requirements of the clients.

‘The team is thorough, patient and very practical.’

Ameya Khandge is actively involved in matters and leads negotiations. His opinions are well researched and he is effective in providing solutions.

We work primarily with Kannan Rahul and Aniruddha Sen. They are always ready to provide time to work through structures and identify issues upfront. They take a pragmatic view of things and are not pedantic.

Kannan Rahul – His stint in ICICI stands him in good stead as he is able to calibrate risks in a manner that is palatable and comprehensible to financial institutions and their risk teams. He is practical and offers both sides of the debate before letting us know which side he chooses and credible reasons for choosing a side in a debate. We are very happy to instruct him in our deals knowing us or our counterparty will get solid advice.

Key clients

ING Capital LLC

Davidson Kempner Asia

PAG/ Asia Pragati Strategic Investment Fund

KKR India Financial Services Limited

National Stock Exchange of India Limited

Future Group

Piramal Capital Housing Finance Limited

State Bank of India

ICICI Bank Limited

Yes Bank Limited

Axis Bank

United States International Development Finance Corporation

Kotak Mahindra Bank Limited

Brookfield Asset Management

Varde Partners

Goldman Sachs


Assets Care & Reconstruction Enterprise

Edelweiss Alternative Asset Advisors Limited

Oaktree Capital Management Pte. Ltd.

Work highlights

  • Advised the lenders (Deutsche Bank, AG and JPMorgan Chase Bank) on the margin finance facility of $100m provided to BREP Asia SG Pearl Holding (a Blackstone entity).
  • Acted for HSBC Bank in relation to Vodafone Group’s availed facility of €1.3bn by way of a term loan facility and a TRS, to facilitate the infusion of funds into Vodafone Idea Limited through a rights issue.
  • Advised Asia Pragati Strategic Investment Fund on its structured credit investment to Phoenix Financial District Private Limited in an amount equal $4bn for the construction of a brownfield commercial project in Hyderabad.

India > Corporate and M&A Tier 1

Acting on behalf of prominent global and domestic conglomerates, Trilegal‘s highly reputed M&A practice is a leader in cross-border transactions across all major sectors. Co-head Yogesh Singh regularly snaps up some of the largest inbound M&A deals from the Nordics, evidenced by an impressive portfolio of household-name technology, energy, hospitality and pharmaceutics companies emanating from the region. Co-head Harsh Pais, Sridhar Gorthi, Nishant Parikh and Bangalore-based Kosturi Ghosh often lead on high-profile, cross-border deals. The team is witnessing a dramatic uptick in the stressed assets market; Ashwyn Misra and counsel Deep Choudhuri are currently engaged on numerous matters in this space. The firm was strengthened its corporate offering with the hire of Sai Krishna BharathanVivek Bajaj, Shivani Kabra and asset management and funds specialist Pallabi Ghosal from AZB & Partners.

Practice head(s):

Key clients

Piramal Group

Future Group

Medlife International Group


Orkla/MTR Foods

Saudi Aramco

Raheja Group



Sinch AB

Peugeot SA

Mitsubishi Corporation

Stillfront Group

Atos Inc


Work highlights

  • Advised Future Group on the sale of its retail & wholesale business and the logistics & warehousing business to Reliance Group.
  • Advised Piramal Glass on the sale of its glass manufacturing and packaging business to Pristine Glass Private Limited.
  • Acted for Medlife Pharmeasy in the sale of Prasid Uno Family Trust’s 100% shareholding to the client.

India > Data protection Tier 1

From their base in Bengaluru, Rahul Matthan, Nikhil Narendran and Jyotsna Jayaram lead the TMT/data protection practice at Trilegal. Thanks to its deep expertise, some of the world’s and India’s largest TMT companies go to the firm for guidance on the various regulatory regimes, and proposed changes to areas including data transfers across FinTech, HealthTech and satellite communications and e-commerce generally. It is also involved in consultations regarding proposed new legislation, for example the Personal Data Protection Bill, and the report by the Committee of Experts on Non-Personal Data Governance Framework. It also assists clients on a range of IT-related disputes.

Other key lawyers:

Deepthi Rajeev

Key clients

Nets Denmark A/S

LVMH Moët Hennessy Louis Vuitton (LVMH)

Thales Group

Jubilant Foodworks Limited

Work highlights

  • Advised on the impact of Indian data protection laws on Accenture’s practices and policies and its equivalence under EU laws.
  • Carried out a comparative analysis of the proposed Personal Data Protection Bill, 2019 against the EU GDPR.
  • Assisted with advising on the roll-out of COVID-19 protocols in light of India data protection laws.

India > Dispute resolution: litigation Tier 1

At Trilegal, the litigation practice group is overseen by Shankh Sengupta and has a track record of acting in banking, construction and commercial disputes before courts of all levels. Pallav Shukla, who was promoted to the partnership in April 2021, has been growing the firm’s white-collar criminal litigation practice. Ashish Bhan has particular expertise in representing telecoms and infrastructure sector clients in disputes with shareholders and regulatory bodies. Jafar Alam handles commercial, regulatory and infrastructure-related litigation, and Nitesh Jain specialises in insolvency disputes. Longstanding clients include large Indian corporates and international companies in the manufacturing, steel, and power sectors.

Practice head(s):

Key clients

Vistra ITCL

PSP Investments

Tata Chemicals

Tata Communications Limited

EIG (Mauritius) Limited

3i India Infrastructure Investments Limited (3i)


Shanghai Electric Group


Patel Engineering Limited

Arcelor Mittal Group

Mitsubishi Hitachi Power

RHT Health Trust

Vivid Solaire

Matrix Partners

Work highlights

  • Represented Vistra in a lawsuit filed before the Bombay High Court against Reliance Capital Limited, as well as in connected proceedings before the SAT and DRT, relating to the issuance of non-convertible debentures by RCL between 2012 and 2018.
  • Represented the Public Sector Pension Investment Board in a lawsuit brought before the Delhi High Court by Bid Services relating to its shares in Mumbai International Airport Limited.
  • Filed a writ petition on behalf of the shareholders of Lakshmi Vilas Bank (LVB) against the scheme of amalgamation  by which the Reserve Bank of India directed that LVB would be amalgamated with DBS Bank India.

India > Labour and employment Tier 1

With a client roster featuring global giants Intel, PayPal and Twitter, Trilegal‘s ‘highly responsive‘ and ‘collaborative‘ employment practice has been particularly active on the regulatory and compliance side following the Covid-19 pandemic and given India’s impending new labour codes. Recent matters include modifying employee manuals, reshaping remuneration policies and handling unionised workforce or industrial relations-related issues. ‘Exceptional‘ department head Atul Gupta is particularly strong in this area, with the ‘responsive and practicalSwarnima leading on POSH matters and heading up the dedicated in-house workplace sexual harassment policy advisory and training team. Notably strong in the manufacturing and technology sectors, the firm also handles disputes and claims relating to senior management exits, high-profile terminations and working conditions during lockdown.

Practice head(s):

Other key lawyers:


‘I have worked a lot with Swarnima at Trilegal and have found her to be one of the most responsive and practical attorneys in India I have worked with. Great knowledge of the law and wonderful to deal with.’

‘They provide excellent legal support. Very flexible and can service demanding clients with strict timelines. Very detailed research and excellent industry connections.’

‘I’ve worked closely with Atul Gupta on multiple projects. He and his team (Kanishka and Donavie to name two) have always come through in difficult times. They provide valuable inputs that allow our legal team to take informed decisions.’

‘The team is highly responsive and provides practical and timely advice on the full range of employment legal issues that can arise. They also take a collaborative approach when it comes to dealing with cross-jurisdictional issues which involve working within their own firm and sometimes other firms outside of India.’

‘The team’s strengths are advising companies in India with global operations and understanding and offering practical business advice and solutions to our needs.’

‘Atul Gupta is an absolutely exceptional partner. We really appreciate Atul’s practical guidance to global companies and knowledge of so many matters that might impact employment-related decisions. He’s super responsive, responds at all hours of the day when we have urgent issues arise, and we have so much confidence that Atul will lead us to the best decision.’

‘Strong in the tech industry. Quick in providing responses.’

Key clients



Bank of America

Wells Fargo

Home Depot



Warner Media







The Ken

Work highlights

  • Handled MTR’s acquisition of 67.82% of the shareholding of Eastern Condiments (Target), and carried out a holistic and thorough diligence on the target to identify issues from an employment, corporate and competition perspective.
  • Assisted PayPal on various critical projects, including Covid-19-related compliance, sexual harassment and misconduct investigations, issuance of legal notices, redundancy and restructuring exercises, etc.
  • Advises Twitter on various employment matters including assessing the various restrictions imposed due to the outbreak of Covid-19; advising on the approach and requirements associated with employee separations, investigations, work from home arrangements, etc.

India > Private equity and investment funds Tier 1

Fund managers and LPs alike approach Trilegal for assistance with the entire fund lifecycle, from formations to exits; the team is particularly commended for the latter. Included on the client roster are international pension and sovereign funds for which co-head Yogesh Singh advises on inward investments in the infrastructure and real estate sectors. Ganesh Rao‘s and Aditya Jha‘s core clients are alternative investment managers whereas Nishant Parikh acts for some of the largest global private equity houses on acquisitions and equity and mezzanine investments, notably in the solar power and edtech sectors. Co-head Harsh Pais and Sridhar Gorthi maintain impressive cross-border transactional practices targeting public and private entities.

Practice head(s):

Key clients



Morgan Stanley



Baillie Gifford


Brookfield Asset Management

Varde Partners

Goldman Sachs



Edelweiss Alternative Asset Advisors Limited

British Columbia Investment Management

Clayton, Dublier & Rice

Work highlights

  • Advised on Blackstone’s exit from Aakash Educational Services Limited (AESL) by way of sale of partial stake in AESL to Think & Learn Private Limited and acquisition of shares in Byjus.
  • Advised Prosus, a global consumer internet group and one of the largest technology investors in the world, on an investment in API Holdings, owner of India’s largest integrated digital healthcare platforms.
  • Acted as the fund counsel to Edelweiss on the establishment of a separately managed account in Singapore in the form of a fund structured as a limited liability partnership with The State Board of Administration of Florida acting on behalf of the Florida Retirement System Trust Fund (SBA).

India > Projects and energy Tier 1

Trilegal is well placed to handle a broad mix of energy and infrastructure matters, including cleantech products, nuclear power, oil and gas and urban infrastructure. Its power practice is regularly instructed on greenfield projects and acquisition transactions, which the team combines its solid regulatory expertise with experience in drafting and negotiating project contracts. The team also has experience advising on PPP projects in the transportation, ports, water and waste sectors, and also counts multilateral and export credit agencies, commercial lenders, developers, sponsors and construction companies as its key clients which it advises on project and equipment finance dominated both in rupees and foreign currency. Neeraj Menon heads the team from its Mumbai office, along with Saurabh Bhasin, Nayantara Nag, Amar Narula and Rahul Arora in Gurgaon.

Practice head(s):

Neeraj Menon

Key clients

ArcelorMittal Nippon Steel India Limited

Enel Global Infrastructure and Networks

Enel Green Power India Private Limited

NTPC Vidyut Vyapar Nigam Limited

Bombardier Transportation India Pvt. Ltd.

EDF International Networks (EDF)

Brookfield Asset Management

International Finance Corporation

Azure Power Private Limited

Shell International Limited

Atlantic Gulf & Pacific Company of Manila (AG&P)

Mitsubishi Corporation

Vitol Asia Pte Limited

Macquarie Capital/Green Investment Group

Amazon Web Services


Work highlights

  • Advising Macquarie Capital/Green Investment Group on a range of matters including conducting due diligence on the target companies, advising on the transaction structure, assistance in drafting project agreements as well as model PPAs and SHAs for the captive consumers, developing legal framework for selection of future projects, and assisting the client’s international counsel in reviewing investment documents from an Indian law perspective and other closing assistance.
  • Advised the lenders on the financing documentation and other advice in relation to the transaction vis-à-vis the Indian sponsors’ role and the financing to be availed by the concessionaires of the Indian sponsors for the development of the project.
  • Advised ArcelorMittal Nippon Steel India Limited on the drafting of a request for proposal and a term sheet for the proposed development project.

India > TMT Tier 1

Trilegal‘s TMT practice is renowned both for its size and the scale of its expertise, advising some of the biggest names in the market – both domestically and internationally – on telecoms regulatory challenges, outsourcing contracts, policy matters, e-commerce, and alternative internet service provider models. Practice head Rahul Matthan is a highly experienced technology practitioner who regularly works with the government on policy pertaining to spatial data infrastructure, IP, and e-governance solutions. Nikhil Narendran concentrates on telecoms and tech work, and has a particular niche in content liability issues. Upasana Rao is especially adept in the transactional space, advising numerous leading entities in the data centre arena. Newly promoted partner Jyotsna Jayaram is recommended for her capabilities in data privacy, telecoms licensing, and OTT services. All named lawyers are based in Bangalore.

Practice head(s):

Key clients




Singapore Technologies Telemedia (STT)

Tata SIA Airlines (Vistara)

Emtex Engineering

Mavenir Systems Private Limited

Work highlights

  • Advised and represented QV in relation to its proposed $100 million investment in Jio Platforms.
  • Assisting Amazon with the review and negotiation of its commercial agreements with Onida for the launch of the Onida FireTV edition smart TV in India.
  • Reviewed data protection laws for Accenture, including an analysis of European Court of Justice rulings in related cases.

India > White-collar crime Tier 1

Full-service law firm Trilegal has a fast-growing white-collar crimes and investigation practice, with extensive experience in both non-contentious and contentious sides of the field. The multi-disciplinary team co-led by Shankh Sengupta; Ashish Bhan; Kunal Gupta; Nitesh Jain; and Pallav Shukla in New Delhi, advises on a range of matters pertaining to white-collar crime including anti-corruption and corporate frauds combined with valuable know-how in emerging areas of law such as data privacy. The team works closely with the firm’s esteemed employment practice, as most cases involve company-employee relations, and it regularly assists corporate clients in investigations conducted by police authorities, the CBI, Enforcement Directorate, and other enforcement agencies. Since publication, Anuj Berry joined from Shardul Amarchand Mangaldas & Co in April 2022.

Practice head(s):

Shankh Sengupta; Ashish Bhan; Kunal Gupta; Nitesh Jain; Pallav Shukla; Anuj Berry

Key clients

Statkraft IH Holding AS

Brookfield Asset Management

Aarde Technosoft Private Limited

Jubilant FoodWorks Limited

Leonardo SpA



Tata Communications Limited

Mack Star Marketing

Advance Construction Company Private Limited

Work highlights

  • Advised Aarde on the risk on account of suspected illegal activities aimed at its servers; and its obligations to report a cyber security incident to the stakeholders.
  • Advised Jubilant FoodWorks Limited that operates Domino’s Pizza stores in India in respect of a hacking incident in March 2021, where certain unknown persons had illegally accessed the Company’s server; and deleted the data of its customers and employees.
  • Advised the Italian global high-tech multinational company specialising in aerospace, defence and security, Leonardo Spa, in the investigation by the Central Bureau of Investigation (CBI) and Directorate of Enforcement (ED) in relation to allegation of bribery in a multimillion-dollar VVIP helicopter supply contract and related court proceedings.

India > Aviation (including aerospace and defence) Tier 2

Trilegal continues to be active in the aviation and defence space, with a track record of representing major international and national companies. Jointly managed by corporate partners Yogesh Singh and Delano Furtado, who is based in the Mumbai office, the full-service practice excels in advising aerospace sector clients on aviation joint ventures, as well as assisting with contractual issues. The team leverages its experience in disputes to advise on sensitive bribery-related investigations by the Central Bureau of Investigation (CBI), supported by Ashish Bhan. Complex regulatory work also features in the caseload.

Practice head(s):

Other key lawyers:


‘They understand the unique challenges of international aerospace and defence contracts. The team has a wealth of experience.’

‘Yogesh Singh is easy to work with and understands our requirements really well. His knowledge of the sector and experience comes in handy for our customer negotiations.’

Key clients

Tata SIA Airlines Limited (Vistara)

AgustaWestland International Limited

Embraer S.A.


Lohia Aerospace systems

Zipline International Inc.

Etihad Aviation Group PJSC (“Etihad”)

Rossell Techsys

Work highlights

  • Advising Tata SIA Airlines Limited (Vistara) on various matters related to its operations in India and assisting in drafting its internal policies and agreements.
  • Advising Leonardo Spa on an investigation by the CBI and Directorate of Enforcement in relation to allegations of bribery in a multimillion-dollar VVIP helicopter supply contract and related court proceedings.

India > Capital markets Tier 2

At Trilegal, the well-regarded capital markets team strengthened its bench with the addition of Richa Choudhary from AZB & Partners in February 2021. The group advises banks, underwriters, and large multinationals on the issuance of equity and debt offerings, including IPOs and FCCBs. Practice head Bhakta Patnaik is noted for his expertise in IPOs and QIPs, whilst the key contact for advising underwriters on transactional matters is associate Brajendu Bhaskar. Another notable team member is associate Albin Thomas, who has sector strength in real estate, energy, infrastructure, and pharmaceuticals.

Practice head(s):

Key clients

International Finance Corporation

Pfaudler Inc.

Mold-Tek Packaging Limited

Department of Investment and Public Asset Management, Government of India

HCL Technologies Limited

Ashok Leyland Limited

Aurobindo Realty & Infrastructure Private Limited

Asia Real Estate II India Opportunity Fund

Kotak Mahindra Capital Company Limited

Axis Capital Limited

Jefferies India Private Limited

SBI Capital Markets,

ICICI Securities Limited

BNP Paribas

BOB Capital Markets

HSBC Securities

JM Financial

Citigroup Global Markets India Private Limited

Edelweiss Financial Services

Nomura Financial Advisory and Securities (India)

Credit Suisse Securities (India) Private Limited

J.P Morgan India Private Limited

BofA Securities India Limited

Work highlights

  • Advised the book running lead managers on the Indian law aspects in connection with the initial public offer of equity shares of Sona BLW Precision Forgings Limited.
  • Represented HCL Technologies Limited on the offering of $500 million 1.375% senior notes due 2026 by HCL America Inc., which are guaranteed by HCL Technologies Limited.
  • Represented the President of India (acting through the Department of Defence Production, Ministry of Defence, Government of India) in connection with the offer for sale of equity shares of Hindustan Aeronautics Limited, through the stock exchange mechanism.

India > Financial services regulatory Tier 2

Trilegal assists Indian and foreign financial institutions, and financial sponsors and promoters with the structuring of financial services entities and products, licensing and registrations, foreign investment laws and securities. It also routinely works with financial regulatory and enforcement lawyers from firms in other jurisdictions. Based in Mumbai, Shruti Rajan heads the practice; she specialises in both contentious and non-contentious regulatory matters, together with governance and internal investigations. She joined the firm from Cyril Amarchand Mangaldas with partner Garmia Joshi in May 2020.

Practice head(s):

Other key lawyers:

Key clients

ING Capital LLC

Davidson Kempner Asia

PAG/ Asia Pragati Strategic Investment Fund

KKR India Financial Services Limited

National Stock Exchange of India Limited

Future Group

Piramal Capital Housing Finance Limited

State Bank of India

ICICI Bank Limited

Yes Bank Limited

Axis Bank

United States International Development Finance

Mahindra Bank Limited

Brookfield Asset Management

Varde Partners

Goldman Sachs


Assets Care & Reconstruction Enterprise

Edelweiss Alternative Asset Advisors Limited

Oaktree Capital Management Pte. Ltd.

Work highlights

  • Advised NSE and the Singapore Stock Exchange Group on entering into an agreement to set up a Connect model to deepen liquidity in NSE related products offered in the Gujarat International Finance Tech-City (GIFT), a special economic zone in India.
  • Advised Kare Electronics and Development Pvt Ltd, Pranava Electronics Pvt Ltd and Mr. K.R. Pradeep, shareholders of Lakshmi Vilas Bank on a writ petition filed at the Bombay High Court, challenging a scheme introduced by the RBI for the amalgamation of Lakshmi Vilas Bank with DBS Bank India Ltd.
  • Representing the Future Group in appeal before the Securities Appellate Tribunal against orders passed by SEBI alleging violation of insider trading norms.

India > Real estate and construction Tier 2

Institutional developers and lenders constitute the bulk of the client roster for Trilegal‘s corporate real estate practice. The team advises on portfolio acquisitions, M&A due diligence and deal structuring, securitisation and equity investments, as handled by a broad bench which includes Rahul Arora, funds expert Kunaal Shah, counsel Samira Lalani and Bangalore-based Mridul Kumbalath, who joined from Cyril Amarchand Mangaldas to bolster the team’s southern reach. Growth offerings include data centre establishments and distressed asset acquisitions. In addition to large-scale clients, the practice is expanding its portfolio of start-ups and disruptors; indicatively, the team is currently guiding WeWork through its recent expansion into India.


Goes extra mile for addressing queries.’

Key clients

Oaktree Capital Management

Asia Real Estate II India Opportunity Trust

Apollo Asia RE II Singapore II Pte. Ltd.

Edelweiss Alternative Asset Advisors Limited

Piramal Enterprises Limited



Piramal Glass Private Limited

Ampyr Developments Pte. Ltd.

Manipal Health Enterprises Private Limited

Foton Motors Manufacturing India Private Limited

Van Herk Group Pty. Ltd.

Swarovski India Private Limited

Smiths Detection Systems Pvt. Ltd.

AB Mauri India Private Limited

Bain Capital Credit Asia, LLC

Asia Pragati Strategic Investment Fund

Bridge Datacentres (Mumbai) LLP

Davidson Kempner Capital Management LP

Comcast India Engineering Center I LLP

McWane India Private Limited

Orkla ASA

Work highlights

  • Advised Piramal Enterprises Limited on its bid for Dewan Housing Finance Limited including carrying out detailed due diligence on DHFL and its subsidiaries, and drafting the resolution plan to be submitted to the committee of creditors.
  • Advised Asia Real Estate II India Opportunity Trust on subscribing to non-convertible debentures to be issued by 25 identified real estate companies across various states in India.
  • Advised Edelweiss Alternative Asset Advisors on the refinancing of a portfolio of loans granted by specific Indiabulls finance entities to nine borrower entities regarding 11 identified real estate projects across northern and western parts of India.

India > Restructuring and insolvency Tier 2

Representing a portfolio of resolution professionals, creditors and distressed companies, Trilegal advises on and assists with out-of-court restructurings, financial recapitalisations, distressed acquisitions and company reorganisations. Key partners include Aniruddha Sen and co-heads Harsh Pais and Yogesh Singh. The team is acting for the successful bidder in Dewan Housing Finance Corporation’s headline IBC process. A recent join from Shardul Amarchand Mangaldas & Co, Nitesh Jain brings further insolvency expertise from a dispute resolution perspective; a particular strength is representing creditors in insolvency petitions before the NCLT.

Practice head(s):

Other key lawyers:

Key clients

Power Finance Corporation Limited (PFC)

Kohlberg Kravis Roberts & Co (KKR).

Piramal Capital and Housing Finance Limited

Asia Pragati Strategic Investment Fund (PAG)

Edelweiss Alternative Asset Advisors Limited

Aditya Birla ARC Limited

Axis Bank

Yes Bank

Assets Care & Reconstruction Enterprise Limited (ACRE)

Vedanta Limited

Etihad Aviation Group

Tata Chemicals Limited

Mack Star Marketing Private Limited (Mack Star)

Noble Resources International Pte. Ltd. (Noble)

CG Power and Industrial Solutions Limited

Oaktree Capital Management Pte. Ltd.

ICICI Bank Limited

China Development Bank

Export Import Bank of China

Industrial and Commercial Bank of China

J.C. Flowers Asset Reconstruction Private Limited

Värde Partners

SSG Capital Management Ltd


Goldman Sachs

SC Lowy

Work highlights

  • Advised Piramal Capital & Housing Finance Limited, a housing finance company of the Piramal group in connection with its resolution plan for DHFL.
  • Legal advisor and representative for the resolution professional of Uttam Galva Steels Limited, a company which is one of the largest manufacturers of cold rolled steel and galvanized steel in Western India.
  • Legal advisor and representative for the resolution professional of Sevenhills Healthcare Private Limited, a company which owns and operates two hospitals in Mumbai and Vizag, respectively.

India > Tax Tier 2

Trilegal‘s tax department contains a ‘strong team of people, able to deliver clear answers to tough questions‘ from a multinational client base including financial services, manufacturing and software service companies. Himanshu Sinha, who ‘has exceptional knowledge and commercial understanding‘, leads the team alongside Samsuddha Majmuder; both cover direct and indirect tax-related matters, including transfer pricing litigation, M&A deals, customs issues and regulatory investigations. At counsel level, Komal Dani and Nameer Khan provide strong support, particularly when assisting on international tax and foreign trade policy mandates. Among various new hires in 2020 and 2021, counsel Shashank Shekhar and senior associate Tushar Joshi joined from Advaita Legal.

Other key lawyers:


‘Strong team of people, able to deliver clear answers to tough questions.’

‘Himanshu Sinha has exceptional knowledge and commercial understanding of the issues.’

Key clients

Mack Star Marketing

Norsk Hydro ASA

National Investment and Infrastructure Fund

Institute for Sustainable Communities

Tree Line (Asia) Master Fund Singapore

Canon India

ParadigmARQ Multi Asset Fund

Circulate Capital Management

BA Continuum

International Asset Reconstruction Company

Shorts International

OLX Group


Blackhawk Network

AastarUrmika Health Systems


Ventures B.V (Prosus)

SBI Cards

Bombardier Transportation India

Work highlights

  • Assisting Mack Star in resolving a myriad of complex tax issues that occurred due to the mismanagement by the erstwhile management.
  • Advising Tree Line on its recent acquisition of shares of National Stock Exchange of India from Citigroup Strategic Holdings Mauritius Limited.
  • Advised Canon on a transfer pricing adjustment made by the income tax department on account of alleged excessive expenditure incurred on advertising, marketing and promotion (AMP) activities, and represented the client before the ITAT.

India > Insurance Tier 3

Transactional insurance matters advised on by Trilegal’s practice include cross-border joint ventures, investments, divestments and M&A, with associated regulatory approvals and compliance procedures covered. Representing corporate policy holders, the practice handles damages claims and coverage disputes via litigation and arbitration proceedings. Ashwyn Misra and Tine Abraham are the key contacts.

Key clients

Prism Johnson Limited and Raheja QBE General Insurance Company Limited

Softbank Vision Fund L.P./ SB Investment Advisers (UK) Limited

Tarang International

MC Craftsman Machinery Private Limited

IFFCO TOKIO General Insurance Company Limited (IFFCO-TOKIO)

Vistra ITCL (India) Limited (Vistra)

Haldor Topsoe India Private Limited (HTIN)


Quess Corp Limited

Tata Communications Limited

Medlife International Private Limited, Prasid Uno Family Trust

Future Group

Rare Enterprises

Work highlights

  • Advised Prism Johnson Limited in connection with the sale of its 51% stake in RQBE to QorQl Private Limited.
  • Advised Vistra ITCL on a dispute concerning the transfer of ownership of shares of an insurance company.
  • Acted for SoftBank Vision Fund in relation to a series of secondary purchases of shares in Etechaces Marketing and Consulting Private Limited, which operates the insurance web aggregator Policybazaar.

Trilegal was founded in 2000 and has grown exceptionally to become one of India’s leading full-service law firms. It is a top tier legal firm with over 500 lawyers led by 79 Partners. The firm’s legal professionals are equipped with the right combination of local insight and expertise to deliver pragmatic, deal-oriented and high-quality legal advice.

Trilegal’s core strengths comprise the commitment and client-centric approach adopted by its lawyers. The firm prides itself on dealing with complexity, thinking out of the box, and devising innovative solutions for clients. Trilegal’s approach to work is highly dictated by a deep and analytical understanding of Indian law, and in-depth market experience. These two factors, when combined, allow the firm to effectively calibrate/assess legal risk and impart pragmatic advice.

Owing to Trilegal’s achievements in the legal industry, the firm and its lawyers have been consistently ranked and recognised by leading legal publications across practice areas.

Trilegal has been recognised as the ‘Best Overall Law Firm in India’ as part of the India Business Law Journal Annual Indian Legal Awards 2021. It has also been recognised as ‘M&A Law firm of the Year’ by VCCircle Awards 2020; ‘Law Firm of the Decade’ at the RSG Grow India Summit and Awards 2019; one of the most innovative law firms in Asia in the inaugural edition of ALB Trailblazers 2020 and ‘highly commended’ in the FT RSG Innovative Lawyers Awards 2020.

Corporate M&A Nishant
Corporate M&A Sridhar
Richa Choudhary photoMs Richa ChoudharyPartner – Capital Markets
Atul Gupta photoMr Atul GuptaPartner – Corporate, Labour and Employment
Rahul Matthan photoMr Rahul MatthanPartner – Corporate, Telecom, Media and Technology
Lawyers : 500+
and a variety of International & Indian regional languages
International Bar Association (IBA)
Confederation of Indian Industry (CII)
Indo-French Chamber of Commerce & Industry (IFCCI)
Confederation of Indian Industry
Indian Chamber of Commerce