The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

AZB & Partners

AZB HOUSE, PENINSULA CORPORATE PARK, GANPATRAO KADAM MARG, LOWER PAREL, MUMBAI 400 013, INDIA
Tel:
Work +91 22 6639 6880
Fax:
Fax +91 22 5639 6888
Email:
Web:
www.azbpartners.com/
Bangalore, Mumbai, New Delhi

India

Antitrust and competition
Antitrust and competition - ranked: tier 2

AZB & Partners

AZB & Partners’ practice head Samir Gandhi successfully appealed a Competition Appellate Tribunal order pertaining to an abuse of dominance case for Toyota Kirloskar Motor and is representing Google in the CCI’s investigation into alleged anti-competitive conduct. Recently promoted partner Rahul Rai and senior associate Aditi Gopalakrishnan are also noted. Nisha Kaur Uberoi and Percival Billimoria left to head Trilegal’s and Cyril Amarchand Mangaldas’ competition practices, respectively.

[back to top]

Aviation (including aerospace and defence)
Aviation (including aerospace and defence) - ranked: tier 2

AZB & Partners

AZB & Partners advises on the commercial and regulatory aspects of aircraft leases and sales, as well as handling financing and foreign direct investment issues. Ashwin Ramanathan is the practice head. Zubin Mehta is now with Veritas Legal.

Leading individuals

Ashwin Ramanathan - AZB & Partners

[back to top]

Banking and finance
Banking and finance - ranked: tier 1

AZB & Partners

AZB & Partners advises a mix of lenders and borrowers on the full gamut of financial matters, handling a range of corporate, acquisition and project finance transactions along with strategic acquisitions in the Indian private banking sector. Highlights included advising International Finance Corporation on a $10m loan extended to a Myanmar-based borrower. Infrastructure expert Bahram Vakil heads the team along with Ashwin Ramanathan, who focuses on structured finance transactions, and Gautam Saha. Founding partner Zia Mody is a highly regarded figure in the market.

Leading individuals

Ashwin Ramanathan - AZB & Partners

Bahram Vakil - AZB & Partners

Zia Mody - AZB & Partners

[back to top]

Capital markets
Capital markets - ranked: tier 1

AZB & Partners

AZB & Partners is ‘well-equipped to handle the full scope of domestic and international capital markets transactions’, advising a wide spectrum of clients on a mix of debt and equity offerings including IPOs, Masala bonds and non-convertible debentures and warrants. Recent highlights include advising issuer BSE on its high-value IPO, the first IPO listed by a stock exchange in India, and acting for a number of underwriters including Axis Capital, Citigroup, HDFC Bank and Morgan Stanley India on the IPO of RBL Bank. New Delhi-based Madhurima Mukherjee advises on initial and follow-on public offerings, debt issuances and institutional placements, and Mumbai-based Varoon Chandra has notable expertise in foreign currency convertible bonds. Endurance Technologies, Barclays and Everstone Capital are also key clients.

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 1

AZB & Partners

AZB & Partners provides ‘swift, helpful and great quality advice’, handling the full range of merger, acquisition, joint venture and corporate regulatory work. The team recently advised Tata Sons on its INR350m acquisition of AirAsia from Telestra Tradeplace, and also acted for Tata Chemicals on its sale of its urea business in Uttar Pradesh to Yara Fertilisers, a matter valued at INR2670 crores. Senior partner Zia Mody is a leading figure, along with Ajay Bahl, who has significant tax expertise.

Leading individuals

Ajay Bahl - AZB & Partners

Zia Mody - AZB & Partners

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 2

AZB & Partners

Rajendra Barot is the main practitioner at AZB & Partners, which regularly appears in matters before the High Court and Supreme Court of India. Clients have included General Atlantic, Boeing, Fairfax and Nalanda Capital.

[back to top]

Insurance
Insurance - ranked: tier 2

AZB & Partners

The practice at AZB & Partners advises major global insurance and re-insurance companies on joint ventures, structuring and foreign direct investment regulations, entry strategy, and compliance matters. Practice head Rajendra Barot assisted Munich Re Group with the acquisition of equity shares by Munich Health Holding from Apollo Energy, and the team advised HDFC and Max Group on the proposed merger of their life insurance businesses. Darshika Kothari and recently promoted partner Arvind Ramesh are also noted.

[back to top]

Intellectual property
Intellectual property - ranked: tier 3

AZB & Partners

AZB & Partners’ IP protection expertise ranges from trade marks, domain names and patents to trade secrets and confidential information, and includes litigation and enforcement proceedings. Nandan Pendsey conducted a due diligence exercise of IP assets, including trade marks and domain names, for DST Global.

[back to top]

Investment funds
Investment funds - ranked: tier 1

AZB & Partners

Zia Mody leads the practice at AZB & Partners, which counts KKR, Ivanhoé Cambridge, and Goldman Sachs Investment Holdings (Asia) among its clients. Hardeep Sachdeva advised Kautilya Finance on its investment in non-convertible debentures from Saha Infratech, K World Estate, and E-Homes Infrastructures, and Anil Kasturi advised Warburg Pincus on its acquisition of a majority stake in Stellar Value Chain Solutions. Darshika Kothari and Ashwath Rau are also noted.

Leading individuals

Ashwath Rau - AZB & Partners

Zia Mody - AZB & Partners

[back to top]

Projects and energy
Projects and energy - ranked: tier 2

AZB & Partners

At AZB & Partners, highlights included advising Sagitaur Ventures, a leading private solar park developer, on the drafting, review and negotiation of project contracts for the development of a 200MW integrated solar park, and acting for Orange Renewable Power on the sale and purchase agreements for its photovoltaic solar modules. Bahram Vakil has significant banking and finance expertise, Prashanth Sabeshan is recommended for energy sector matters, and Gautam Saha is the key contact for M&A and private equity deals.

Leading individuals

Bahram Vakil - AZB & Partners

[back to top]

Real estate and construction
Real estate and construction - ranked: tier 2

AZB & Partners

AZB & Partners advises on purchase, leasing and licensing arrangements, sale and lease-back transactions, joint development agreements, and investments, and regulatory and compliance issues. Hardeep Sachdeva advised the Xander Group on the formation of a joint venture with APG Group and Bharti Realty on its acquisition of an integrated retail development project in Aerocity from Delhi Airport. Sai Krishna Bharathan is also noted.

[back to top]

TMT
TMT - ranked: tier 3

AZB & Partners

Gautam Saha and Srinath Dasari head the practice at AZB & Partners, which is recommended for TMT M&A and private equity investment transactions. Key clients include Twitter, SoftBank Group, Norwest Venture Partners and Google. Chetan Nagendra and Nanditha Gopal are recommended.

[back to top]

Tax
Tax - ranked: tier 1

AZB & Partners

Ajay Bahl and Deepak Chopra head the team at AZB & Partners, which advises on contentious and non-contentious tax matters across a range of sectors. Bahl and Sunil Agarwal advise 21st Century Fox and News Corporation on litigation and various tax and transfer pricing issues, and Chopra represented PepsiCo India before the Delhi High Court in challenging the Income Tax Appellate Tribunal’s decision to remit an AMP matter for re-examination.

Leading individuals

Ajay Bahl - AZB & Partners

[back to top]


Further information on AZB & Partners

Please choose from this list to view details of what we say about AZB & Partners in other jurisdictions.

India

Offices in Bangalore, New Delhi, and Mumbai

Legal Developments in India

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • BRAND-JACKING

    WHAT IS BRANDJACKING?
  • Post Marketing Surveillance of Drugs

    Post marketing surveillance is performed after market approval/clinical trials of drugs in India. The regulatory framework for conducting clinical trials of drugs is provided under the Drugs and Cosmetics Act, 1940 (“ Act ”) and the Drugs and Cosmetics Rules, 1945 (“ Rules ”). Further, Part X-A and Schedule Y of the Rules specifically deal with the statutory provisions applicable for clinical trial of drugs in India. Schedule Y divides Clinical trial of drugs into 4 Phases, namely, Human Pharmacology (Phase-I), Therapeutic exploratory trials (Phase-II), Therapeutic confirmatory trials (Phase III) and Post Marketing Trials (Phase-IV).
  • Protection of Biotechnology under Indian Laws

    According to the eighth annual survey conducted by the Association of Biotechnology-Led Enterprises (ABLE) and Bio Spectrum, the Indian biotech industry grew threefold in just five years to report revenues of US$ 3 billion in 2009-10, a rise of 17 per cent over the previous year. Maintaining the momentum of the previous years, the Indian biotech industry grew 16.28 per cent in FY2014; the total industry size was US$ 5 billion at the end of the financial year and it reached US$ 7 billion in FY2015. Fast-paced growth is likely to continue; the industry is expected to increase in size to USD11.6 billion by 2017, driven by a range   of factors such as growing demand, intensive R & D activities and strong government initiatives ( http://www.ibef.org/industry/biotechnology-india.aspx )
  • Cabinet Approves India’s IPR Policy - “Creative India; Innovative India: रचनात्म??

    The Union Cabinet on 13 May 2016 approved the National Intellectual Property Right (IPR) policy roadmap ( http://dipp.gov.in/English/Schemes/Intellectual_Property_Rights/National_IPR_Policy_12.05.2016.pdf ) to foster creativity and innovation, promote entrepreneurship and enhance socio development, enhance access to healthcare, food security and environmental protection. The Policy recognizes the abundance of creative and innovative energies that flow in India, and the need to tap into and channelize these energies towards a better and brighter future for all.
  • Real Estate - India

    Real Estate - India
  • SEBI’s Jurisdiction | Analysis of the Supreme Court judgment in the Sahara case

    The Securities and Exchange Board of India (SEBI) is responsible for investor protection and development and regulation of the securities market in India. The scope of SEBI’s jurisdiction over the issue of securities by public companies is an important issue. This issue was recently considered by the Supreme Court in Sahara India Real Estate Corporation Ltd. and Ors. v. Securities and Exchange Board of India and Anr., MANU/SC/0702/2012; (2012) 8 SCALE 101. This article analyses this judgment and its implications.
  • Mainstreaming the Alternative: Issuance of NCDs

    Debt financing is a significant means for corporates to raise capital. Indian regulators have taken a number of steps to deepen the Indian debt market. Permission has been granted to foreign institutional investors (FIIs) and qualified foreign investors (QFIs) to invest in non-convertible debentures (NCDs) issued by Indian companies. This article summarises the legal and regulatory requirements for Indian companies to issue NCDs to FIIs and QFIs.
  • Options – Not a Part of History Yet

    At the time when India is completing two decades of the economic liberalization there are several laurels which the policymakers can boast of.   The path-breaking shift from the license-raj to a regime focusing on regulation introduced by the Government of India in the landmark year 1991 have been continued through further economic reforms and the same has also found support from the regulators and the market players.
  • Liberalization Back on Track with the Relaxation of Share Transfer Norms

    Soon after the rollback of the much criticized aspect of the Consolidated Foreign Direct Investment policy dated October 1, 2011 which treated foreign investments in Indian securities as external commercial borrowings in case such investments conferred options on the foreign investors, the policy makers have brought more good news for the investor community.
  • Franchising in India

    In the last two decades, India has witnessed a sea change in its foreign investment policy resulting in it being one of the most preferred investment destinations. With growing globalisation and liberalisation, brand awareness has been created in the Indian masses and today India is the one of the biggest and fastest emerging markets for various businesses across the world. Being geographically vast and culturally diverse, India offers the most favorable franchising environment with a huge consumer market. Franchising in this respect has managed to pick up as a successful business module for local companies in India.