Firm Profile > Argus Partners > Mumbai, India

Argus Partners
11, 1st Floor
Free Press House, 215, Nariman Point
Mumbai 400021

Argus Partners is an Indian law firm with offices in Mumbai, Delhi, Bengaluru, Kolkata and Ahmedabad.

The professionals of the firm are business lawyers who understand businesses and the financial issues associated with it which in turn help in identifying real risks and provide practical legal solutions to drive the growth of our clients’ business.

Each of the lawyers are trained to have a multi-disciplinary and holistic approach while addressing any issue and to offer the most efficacious legal solutions to our clients’ business needs. The firm’s approach is to treat each client as the only client. The firm strives to understand their business, aspirations, concerns and constraints in order to structure transactions in a manner that enables clients to efficiently overcome business challenges and effectively achieve their goals.

The firm has built a formidable reputation for its consistent high performance. The partners and associates of the firm have a rich domestic and international experience and have been recognised and awarded by several publications. The presence across India also gives the firm a distinct advantage in serving its clientele that includes industry and business leaders from all segments of the market.

Notable work:

  • Advising and handling various matters for Ex. Partners of Price Waterhouse in the Satyam Scam before various fora like SEBI, SAT, High Courts, Supreme Court, ICAI, etc.
  • Advised Gruh Finance Limited (a subsidiary of HDFC Ltd) in the merger with Bandhan Bank Limited. We were the lead lawyers advising HDFC/Gruh Finance on the transaction. This is probably the largest deal in the financial services space with a combined market cap of approximately USD 12 billion on the date of announcement of the deal.
  • Advised HDFC Limited on its acquisition of a stake in Yes Bank. The investment by HDFC Limited into Yes Bank along with other investors was made pursuant to Scheme of Reconstruction of Yes Bank notified by the central government under section 45(4) and section 45(7) of the Banking Regulation Act, 1949. Deteriorating financial health of Yes Bank relating to liquidity, capital and other critical parameters and the absence of credible plan for infusion of capital led Reserve Bank of India to take immediate steps in public interest. For the survival of Yes Bank, capital infusion into Yes Bank became imperative and hence, HDFC Limited along with other entities came together to rescue Yes Bank by infusing funds into Yes Bank.
  • Advised the Committee of Creditors of Binani Cement Limited, which has been one of the most contentious matters under the IBC. The acquisition of Binani Cement under the aegis of the Insolvency and Bankruptcy Code, 2016 involved several challenges and nuanced points of law. Ultimately, some of the issues raised in this matter were decided by the judiciary in a landmark decision.
  • Advised Tata Steel Limited on its acquisition of the steel division of Usha Martin. This deal was one of the larger deals in the distressed M&A space outside the Insolvency and Bankruptcy Code, 2016.
  • Representing the Pension Fund Regulatory and Development Authority before the Supreme Court in the matter involving mandatory linking of Aadhaar in order to avail various benefits under Government Schemes.
  • Regularly advise Skoda Auto Volkswagen India Pvt. Ltd. on various competition issues.
  • Advising and representing His Holiness Syedna Mufaddal Saifuddin in the Bombay High Court against Taher Fakhruddin who has filed a suit claiming to be the rightfully appointed religious and spiritual leader of the Dawoodi Bohra community.
  • Preparation of the pleadings on behalf of Anjuman Shiate Ali, extensive research on the questions of law framed, interaction between client and Senior Counsels given the complex nature of the “Sabrimala” matter. Sabrimala Matter – This has been one of the most significant constitutional cases in India deciding on the equal rights of women.
  • Advising the liquidator of Concast Steel & Power Limited. This is one of the largest liquidation cases under IBC with a total creditor claim in excess of Rs 10,000 crore. This is also one of the first of the cases where the ‘sale as a going concern of a unit of a company under liquidation’ was ordered by the NCLT.
  • Advised the Resolution Professional (who was assisted by Grant Thornton) on the acquisition of Monnet Ispat by the consortium of JSW Steel and AION Capital.
  • Advised Mukand Limited on its joint venture with Sumitomo Corporation, Japan for setting up of a special steel plant.
  • Advised HDFC Limited on its acquisition of 25.01% stake in Good Host Spaces Private Limited.
Department Name Email Telephone
Corporate and M&A
Banking & Finance
Restructuring & Insolvency
Private Equity & Venture Capital
Real Estate & Real Estate Financing
Labour & Employment
Indirect Tax
Technology & Data Privacy
Number of Partners : 17
Number of Lawyers : 75
regional Indian languages