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IndusLaw

101, I FLOOR, 'EMBASSY CLASSIC', #11 VITTAL MALLYA ROAD, BENGALURU 560 001, INDIA
Tel:
Work +91 80 4072 6600
Fax:
Fax +91 80 4072 6666
Email:
Web:
www.induslaw.com
Bangalore, Hyderabad, Mumbai, New Delhi

India

Banking and finance
Banking and finance - ranked: tier 2

IndusLaw

At IndusLaw, areas of expertise include project finance, syndicated loan documentation, cross-border finance matters, and secured and unsecured debt transactions. Recent highlights include advising Solairedirect, a subsidiary of ENGIE, on a refinancing by L&T Finance of five SPV solar power projects based in Punjab and Rajasthan. Canadian Solar is another key client. Navin Syiem is a name to note.

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

IndusLaw

IndusLaw is adept at representing buyer and seller-side corporations in domestic and cross-border transactions, with strength across the full range of corporate law. Recent work includes advising Oaktree Capital, Fitness First India and CureFit on the merger between Fitness First and CultFit, a subsidiary of CureFit, in one of the largest marquee consolidation deals in the fitness industry. The team is also assisting ReNew Power Ventures with its 100% acquisition of KCT Renewable Energy. Avimukt Dar and Gaurav Dani are names to note.

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Dispute resolution
Dispute resolution - ranked: tier 3

IndusLaw

The disputes department at IndusLaw has been acting for the Bangalore centre of the International Society for Krishna Consciousness (ISKCON), also known as the Hare Krishna Movement, in the ongoing dispute with ISKCON Mumbai regarding possession of the ISKCON temple in Bangalore. The team has also been assisting Sarine Diamond Technologies with a copyright infringement dispute regarding the unauthorised use of the client's software. V Srinivasa Raghavan is recommended.

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Intellectual property
Intellectual property - ranked: tier 3

IndusLaw

Suneeth Katarki and V Srinivasa Raghavan jointly head the IP practice at IndusLaw and specialise in transactions and disputes respectively. The group recently advised ScoopWhoop Media Private (a portfolio company of Kalaari Capital) on IP considerations relating to its acquisition of Touchfone, including licensing issues associated with acquiring its video streaming software. The practice advises Supermarket Grocery Supplies Private on registrations and enforcement strategy associated with the protection of its 'BigBasket' trade mark. Changes to the team include the promotion of Namita Viswanath to the partnership.

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Investment funds
Investment funds - ranked: tier 2

IndusLaw

The 'good value for money' and 'commercially savvy' private equity and venture capital team at IndusLaw boast 'an invaluable combination of good legal skills with a good grasp over numbers'. The group has particular experience handling matters in the food, technology, e-commerce and healthcare sectors, with clients including PayU Group and Orbimed Asia. The group acted for Olacabs.com on two rounds of funding from Ratan Tata’s RNT Capital Adviser and Falcon Edge Capital initially, and later Tekne Private Ventures. Key names to note include Suneeth Katarki – who is highlighted as being 'very efficient and to the point' – and the 'diligent and responsive' Winnie Shekhar.

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Labour and employment
Labour and employment - ranked: tier 1

IndusLaw

The 'extremely responsive' and 'service-orientated' employment team at IndusLaw frequently handles a range of advisory and contentious matters from structuring, internal investigations, audits, drafting policies and training. The group was instructed by United Phosphorus to draft standard employment contracts and benefits packages for all levels of employees; it also led a project for the harmonisation of contracts across eight jurisdictions. In another work highlight, the department is assisting Airbnb on its proposed reorganisation, including advising on the concept of constructive dismissal. Bangalore-based practice head Avik Biswas attracts praise for being 'very entrepreneurial' and is 'willing to go the extra mile'. The 'hardworking' recently promoted partner Namita Viswanath is another key name to note. Microsoft India, Visa Europe, Kraft Heinz India and Flipkart India are all clients.

Leading individuals

Avik Biswas - IndusLaw

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Projects and energy
Projects and energy - ranked: tier 2

IndusLaw

IndusLaw has seen an increase in instructions from the renewable energy sector, notably in solar power projects; highlights include assisting the SoftBank Energy Group with engineering, procurement and construction (EPC) contracts for the proposed development of 3000MW solar power projects, and advising Canadian Solar on its acquisition of a 25MW solar power project in Karnataka from Rays Power. In another matter, the team acted for InfraCo Asia KPK Hydro in a joint investment and development agreement with two companies to develop four hydropower projects in Pakistan. Avirup Nag is the key individual, and Deepak Chowdhury is also noted.

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TMT
TMT - ranked: tier 2

IndusLaw

IndusLaw's TMT practice boasts a client roster ranging from start-ups to large corporates such as Microsoft India, Zee Entertainment Enterprises and Yahoo! India. The group acted for PayU Credit on its investment in the fintech company Paysense Pte. In another work highlight, Avik Biswas led a team which assisted Zynga Inc with its global licence sale and distribution model and contracts. Other key names to note include Srinivas Katta and Suneeth Katarki.

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Further information on IndusLaw

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

India

Offices in Bangalore, New Delhi, Hyderabad, and Mumbai

Legal Developments in India

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • WHHPL v NHAI

    New Delhi, 31st August 2019: West Haryana Highways Projects Private Limited (a Special Purpose Vehicle of Era Infra Engineering) was awarded a Concession Agreement by NHAI on DBFOT Toll basis for widening of existing two lane highway and also constructions of two new bypasses. Although WHHPPL substantially completed the work and Toll was stared in 2014, NHAI was not declaring the completion. Also WHHPPL suffered huge losses due to Project overrun including threat from Banks/Financial Institution w.r.t Insolvency Proceedings (needless to reiterate one such proceedings under I&B Code filed by Bank of Baroda (erstwhile Dena bank) was recently rejected by Principal Bench, New Delhi). It was the case of WHHPPL that NHAI failed to adhere to the terms of CA in fulfilling its obligation of handing over of land. The Arbitral Tribunal passed an Award in favor of WHHPPL inter alia agreeing with the contentions of WHHPPL and also held that NHAI was in breach of the CA. The Tribunal passed an award (including interest) of Rs.750 Crores in favor of WHHPPL .
  • Singh & Associates' (S&A) Founding Partner, Manoj K Singh, awarded with ‘Special Recognition...

    Singh & Associates' (S&A) Founding Partner, Manoj K Singh, awarded with ‘Special Recognition for Service to the Legal Profession’ at Achiever’s Awards 2019
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    With the implementation of GST two years back, India has seen one of the biggest tax reforms for the growth and revival of its economy. Post the journey of peaks & troughs, the GST regime is finally settling in to the needs of business cycle. The Government, with the theme of promoting ‘ Ease of Doing Business ’, is trying hard to make this reform simpler, business friendly and transparent in its functioning. Such measures can also be seen during this year’s budget speech of our Hon’ble Finance Minister, wherein announcements were made towards the simplification of GST.
  • Ld’ Adjudicating Authority dismisses the Application under Section 7 by ICICI Bank against Hyderab

    Ld’ Adjudicating Authority dismisses the Application under Section 7 by ICICI Bank against Hyderabad Ring Road Projects Private Limited a Special Purpose Vehicle related to Era Infra Engineering Limited.
  • Singh & Associates' (S&A) Founding Partner, Manoj K Singh, wins “Dispute Resolution Lawyer...

    Singh & Associates' (S&A) Founding Partner, Manoj K Singh, wins “Dispute Resolution Lawyer of the Year” Award at Indian Legal Awards 2018-19, Legal Era
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  • GTDT Shipping - India

    Mr Shardul Thacker heads the shipping, oil and gas and banking practice group at Mulla & Mulla & Craigie Blunt & Caroe. Lloyd’s List ranked him third in their top 10 lawyers stating: “Highly regarded for his work in the liquefied natural gas sector, particularly for interesting and highly geared finance deals in relation to infrastructure projects, energy, ports and ships.” india_-_gtdt_shipping_
  • Chambers Guides - Insurance 2018 - India

    India is a common-law jurisdiction. In general, Indian laws borrow heavily from, and are based on, English law. However, insurance law in India has certain unique features that deviate from English insurance law. The primary legislation of insurance law in India is the Insurance Act, 1938 (the “Insurance Act”) and the Insurance Rules, 1939 (the “Insurance Rules”).
  • Transport Finance Review - India

    The transportation industry – aviation, shipping and rail – has been predominantly owned by government entities since India’s independence in 1947. Air India and Indian Airlines, both government-owned, rules the skies; the Shipping Corporation of India (SCI), established in 1961 and owned by the government, owns and operates around one-third of the Indian tonnage. All railway property is government owned.
  • International Arbitration Review - India

    The Arbitration and Conciliation Act, 1996 (Act) provides the framework for arbitration and conciliation in India. Drafted on the basis of the UNCITRAL Model Law, it is divided into four parts. Each part governs a different aspect of the arbitration and conciliation process: a Part 1 governs commercial arbitration; b Part 2 governs the enforcement of certain foreign awards; c Part 3 governs conciliation; and d Part 4 contains supplementary provisions (regarding the power of the court to make rulings, etc.). The Act 2 was recently amended in 2016 with an aim to make it more robust by plugging the lacunae that existed in the original legislation.