Firm Profile > DSK Legal > New Delhi, India
DSK Legal Offices
ESC House, 1st & 2nd Floor
155 Okhla Industrial Estate, Phase – 3
New Delhi – 110020
DSK Legal > The Legal 500 Rankings
Banking and finance Tier 2
The banking and finance team at DSK Legal represent lenders and borrowers in debt issuances, spanning NCDs, grant term loan facilities, acquisition and project finance transactions. Partner Ajay Shaw and associate partner Ashish Pahariya regularly work alongside each other in mandates regarding the grant of term loans, predominantly acting for non-banking finance companies. Sajit Suvarna is the firm's go to expert for real estate transactions, including debt funding and mezzanine funding.
Other key lawyers:
Union Bank of India (London Branch)
Union Bank of India (Belgium and Antwerp Branches)
Aditya Birla Sun Life AMC Limited
State Bank of India (London Branch)
Life Insurance Corporation of India (LIC)
Piramal Finance Limited
Bank of Baroda
Corporate and M&A Tier 2DSK Legal's 'focused and driven' team handles all aspects of acquisitions and mergers for private and public companies in sectors such as energy, pharmaceuticals, financial services, real estate and education, with particular strength advising clients on complex structuring matters, joint ventures, equity share transactions and the resolution of distressed assets. Sajit Suvarna boasts a stellar reputation in real estate transactions, spanning debt financing, private equity and corporate restructuring. The team expanded in 2019 with the arrival of five partners from HSA Advocates, leading to more work for marquee clients and further expertise in the infrastructure and project financing sectors.
Other key lawyers:
Dentsu Aegis Network Limited
Shapoorji Pallonji Group
The Narayana Group
IMC International Metalworking Companies B.V. (Part of the Berkshire Hathaway Group)
Elica PB India
Strides Shasun Limited
Bharat Forge Limited
Hero Future Energies Asia
National Infrastructure Investment Fund
IL&FS Transportation Limited
Eternis Fine Chemicals
First Data Corporation
Avantor Performance Materials
Can – Pack S.A., Poland
Dispute resolution Tier 2
DSK Legal regularly acts for resolution applicants and resolution professionals throughout the course of insolvency proceedings, including in novel cases before the Supreme Court of India. The team also handles a wide range of contentious matters in relation to development projects, allegedly offensive content, family disputes and copyright infringement. Practice head Anand Desai, who regularly represents clients before the Bombay High Court and the Supreme Court, recently acted for the state of Maharashtra and the Central Public Works Department in a $600m dispute with KS Chamankar Enterprises stemming from the termination of a development agreement which prevented a large-scale project from commencing.
Mr. Salman Khan
Saint Gobain India
Indian Oil Corporation
National Highway Authority of India
National Thermal Power Corporation
Government of Maharashtra
Invesco Mutual Fund
Tata Chemicals Limited
Projects and energy Tier 2DSK Legal advises on tender documentation, bids, consortium arrangements, EPC contracts and concessions. The projects, energy and infrastructure department also has experience acting in sector-related disputes and regulatory matters. Other areas of expertise include climate change projects, such as energy trading schemes as well as required licenses and permissions, namely trading of Renewable Energy Certificates. Ajay Shaw, who acts for private companies and governmental entities, jointly heads the team with Anjan Dasgupta, who joined from HSA Advocates in April 2019. Dasgupta is involved in every aspect of the development, financing, construction, operation and acquisition of capital-intensive projects and facilities around Asia, the Middle East and Africa; he has wide-ranging expertise in the infrastructure and energy sectors. The practice was further strengthened by the arrival of Avinash Kumar Khard from HSA Advocates, renewable energy projects' expert Anuja Tiwari who joined from Trilegal, and Dinesh Pardasani who joined from Link Legal - India Law Services.
‘The team is very responsive and proactive. A team you can definitely trust for any deal in India.’
‘Anjan Dasgupta is one of the best lawyers I have found when working abroad.’
‘Mr. Anjan Dasgupta is one of the most well-known infrastructure projects lawyers. He is an expert in resolving issues instantly.’
Ministry of Railways, Government of India
Ministry of Power, Government of India
Public Works Department, Government of Maharashtra
Delhi Metro Rail Corporation
PSA International, Singapore
GAIL India Limited
Indian Oil Corporation
NITI Aayog (erstwhile Planning Commission of India)
First Solar India
Alstom India Private Limited
National Highway Authority of India
National Thermal Power Corporation
City & Industrial Development Corporation of Maharashtra Limited
Maharashtra Airport Development Company Limited
Mumbai Port Trust
Compañía Española de Financiación del Desarrollo S.A. (“Cofides”)
National Investment and Infrastructure Fund Limited (NIIF)
State Bank of India
Real estate and construction Tier 2
DSK Legal advises on all aspects of real estate matters, including sales and acquisitions, leasing and property development. Typical instructions also include advising on the formation of real estate funds and the structuring of real estate investment trusts. Leading the practice is Sajit Suvarna, who regularly assists with regulatory issues around land aggregation for large townships and industrial, warehousing and logistic parks. The team is well versed in private equity investments as well as real estate finance. Saloni Mody, whose experience covers equity and debt investments in the real estate sector, is another key practitioner.
‘The team has extensive expertise in the real estate sector.’
‘Sajit Suvarna is recommended for his business understanding and solution-oriented approach.’
Piramal Finance Limited
Godrej Properties Limited
House of Hiranandani
Shapoorji Pallonji Group
Mahindra Lifespaces (Part of the Mahindra Group)
Peninsula Land Limited
KKR India Asset Finance
Apollo Global Management
TMT Tier 2
A significant number of A-list Bollywood actors and producers routinely approach DSK Legal’s media, entertainment and technology experts for assistance with film contract negotiations, endorsement agreements, licensing and distribution arrangements and PR statements. Anand Desai and Chandrima Mitra provide High Court representation for clients, with recent matters involving defending artists’ distribution rights. The firm provides strong advisory and transactional services to clients in online gaming, software and mobile telecoms sectors.
Other key lawyers:
‘DSK Legal provides a solutions oriented and detailed approach.‘
‘Rishi Anand is knowledgeable and approachable.‘
‘Jitendra Soni is prompt and thorough.‘
Chandrima Mitra has an extremely good and deep understanding of matters related to the media space.‘
‘DSK Legal knows exactly what is prevalent in the media industry, with great relationships that make negotiations and deals easy.‘
‘Chandrima Mitra’s understanding of the media industry is second to none.‘
Amir Khan and Amir Khan Productions
Salman Khan and Salman Khan Ventures
Dentsu Aegis Network
Roy Kapur Productions
Shobiz Experiential Communications
RSVP (film production house owned by Ronnie Screwvala)
Metro Goldwyn Mayer Studios
Matrix India Entertainment Consultants
Broadcast Audience Research Council
Guangdong OPPO Mobile Telecommunications
Frontizo Business Services (joint venture between Amazon and Patni Group)
White-collar crime Tier 2
Large-scale investigations are a strong point for DSK Legal’s white-collar crime practice; team leader Anand Desai represents corporate clients and high-profile individuals in high-value financial fraud investigations carried out by the SFO and CBI. The team also helps to initiate actions against previous employees when allegations of gross misconduct arise. Clients also approach the firm to provide assistance with establishing anti-corruption and fraud-prevention mechanisms.
Karan Johar (Bollywood Director)
Former Chairperson of PNB Bank
Investment funds Tier 3
DSK Legal’s investment funds team is routinely instructed by funds clients in the private equity and venture capital space to handle their investment transactions. Recent mandates involved minority and majority stake acquisitions in sectors including real estate, pharmaceuticals, management services and retail. On the other side, practice head Aparajit Bhattacharya also assists founders and promoters with their high-value capital raising exercises.
Aditya Birla Private Equity
ILP II Ventures VII (IndoSpace)
Shapoorji Pallonji Real Estate Fund
NSPIRA Management Services
JM Financial Credit Solutions
National Infrastructure & Investment Fund
Hero Electric Vehicles
Press Releases14th February 2020 DSK Legal, a full-service law firm, has added Art Law Practice to their portfolio of practices. The newly introduced practice area is a combination of DSK Legal’s extensive experience in media laws, intellectual property rights protection, and estate planning.
Legal Developments4th June 2020
The COVID 19 pandemic has changed the way we live and conduct business.
24th May 2020
This is the longest curfew that our generation has faced! Very few who witnessed the second World War are with us today to share the stories of the trying times of those days.
For our generation, the pandemic COVID-19 is nothing short of a world war. It has not only taken human lives but has largely brought the world economy to a standstill.
28th April 2020 Introduction Hitherto, foreign direct investment into India from Pakistan and Bangladesh was given differential treatment and made subject to government approval. However, as a direct fallout of weakening economy and freefalling stock markets, and with a view ‘to curb opportunistic takeovers or acquisitions of Indian companies on account of the outbreak of COVID-19’, the Department of Commerce and Industry has vide Press Note 3 of 2020 dated April 17, 2020 (“Press Note”) amended the extant Foreign Direct Investment Policy, 2017 (“FDI Policy”).
28th April 2020 By Anand Desai, Managing Partner, DSK Legal and Hanuman Tripathi, Chairman, Hashtasy Digital, and Council Member, NASSCOM COVID-19 is a catalyst for rethinking various aspects of our lives, including the functioning of the judiciary, being one of the pillars under our Constitution. As a long-term strategy, can physical attendance in our Court / Tribunal premises be minimized without compromising the process of justice delivery in any manner? Can scaled-up automation boost the entire Indian judicial process to a much higher level of efficiency, while enabling social distancing, and reducing the downsides of travel to, and waiting in Courts?
21st April 2020 Due to the global lockdowns and restrictions imposed to prevent the spread of the COVID 19 pandemic, it is quite possible that the force majeure clauses in the concession agreements of various Public Private Partnership projects will be triggered. It is, therefore, advisable that the parties to the PPP projects be aware of, and analyse, the effects of the pandemic, and consequent actions of various Governments, on their projects. A typical PPP concession agreement in India will have provisions to cover force majeure events. Some of the usual provisions are as follows:
21st April 2020 In light of the Hon’ble Prime Minister’s announcement on March 24, 2020 declaring a lock-down in India for 21 (twenty-one) days that emanated from the unfortunate COVID-19 epidemic, the relevant department of the Central Government has issued an order, inter alia, directing the closure of manufacturing facilities, shops and other establishments and prohibiting the provision of services (while providing a few exceptions thereto). In addition to the aforesaid Central Government order, certain other departments of the Central Government and certain State Governments have also issued orders relating to closure and regulation of manufacturing facilities, shops and other establishments and services that have been permitted to continue to function/operate. We have set-out below the key aspects of such governmental orders and the restrictions imposed on facilities, establishments and their operations and provision of services, while not delving into restrictions relating to government operations/activities (except as specifically stated herein), in the form of questions and answers.
31st March 2020 The COVID-19 pandemic and the consequent lock-down has impacted the business of all non-essential services and supplies and has disrupted collection and flow of revenues for such businesses. This impact has primarily been on account of the effect on global supply chains, foreign travel and inland transportation of goods and movement of people, especially for businesses which rely heavily on supplies from China or on end sale in domestic, Europe and American markets.
31st March 2020 Introduction
The Reserve Bank of India (RBI), with a view to soften the COVID-19 blow on the industry, has recently introduced a slew of measures to maintain the liquidity levels for the lending institutions and the borrowers.
31st March 2020 On March 11, 2020, the World Health Organization characterized COVID-19 as a pandemic with an observation that governments, industries and individuals should continue to implement comprehensive strategies and measures to prevent infections, save lives and minimize impact. The crippling effects of COVID-19 are causing massive business interruptions across the globe/industries.
31st March 2020 In the case of Anuj Jain Interim Resolution Professional for Jaypee Infratech Limited v. Axis Bank Limited Etc., the Supreme Court had occasion to examine (i) certain provisions relating to preferential, fraudulent and undervalued transactions contained in the Insolvency and Bankruptcy Code, 2016 (‘IBC’) and (ii) the issue pertaining to existence of a financial debt vis-à-vis creation of a mortgage to secure obligations of a third party.
31st March 2020 Despite the best of intentions towards addressing the preservation of value of businesses, and addressing the ills of financially unviable businesses being allowed to continue over prolonged periods, the Insolvency and Bankruptcy Code, 2016 (IBC) is at times found to fall short in implementation of a resolution plan, both after approval of the resolution plan by the Committee of Creditors (CoC), as well as approval by the Adjudicating Authority. Despite the resolution plan being approved by the requisite majority, when the application for approval of the resolution plan comes up before the Adjudicating Authority, multiple parties are often found to intervene and try and delay, or even stop, the resolution plan from being approved. Set out below are some of the challenges that resolution applicants have faced:
31st March 2020 The unprecedented global pandemic which has resulted from COVID-19 has led to uncertainties and government actions which have severely impacted businesses and are likely to continue to do so for the foreseeable future. In India, the National Disaster Management Authority has issued an order dated 24 March, 2020 (“NDMA Order”) followed by the Ministry of Home Affairs (MHA) guidelines on 24 March, 2020, directing Ministries/ Departments of the Government of India, State Governments and State Authorities to take measures to ensure social distancing in an effort to curb the spread of COVID-19, including closure of all commercial/ private establishments for 21 days with effect from 25 March, 2020 (with certain exceptions such as distribution of essential goods, telecom/ internet services, power generation and transmission/ distribution units etc.).
31st March 2020 The COVID-19 pandemic is an unprecedented global crisis. India has also been severely hit by this and the government has had to take some extraordinary measures, including closing commercial establishments, public markets and educational institutions and restricting movement of public by imposing a lockdown. The government is using the powers granted under the Criminal Procedure Code, 1973 (“CrPC”), Epidemic Diseases Act, 1897 (“ED Act”) and Disaster Management Act, 2005 (“DM Act”) to create a mechanism to mitigate and control this epidemic.
23rd March 2020 The Novel Corona Virus (“Covid 19”) came to light in December 2019 and by March 15, 2020 it has affected nearly every part of the world causing panic, confusion, frenzy and most important of all large scale disruptions to every industry and businesses around the world.
3rd March 2020 "Social Media Influencers, whether their audience is significant or small, impact the lives of everybody who watches their content. They do have a responsibility to ensure what they are publishing is not harmful or offensive.” This statement made by the Single Judge of the Bombay High Court brought into the limelight the impact and responsibilities of Social Media Influencers. Through this article we hope to provide an insight into who are social media influencers, their responsibilities and existing laws and international guidelines regulating social media influencers.
28th February 2020 In the last few years, Indian law enforcement agencies have been aggressively investigating businesses that are implicated in any malfeasance or even non-compliance of license terms as required under statutes. Typically, most of the offences committed by companies fall in the category of economic offences. Indian courts have held that economic offences need to be considered as grave offences as they often have a higher degree of mens rea and involve deep-rooted conspiracies which result in huge loss of public funds and affect the economy and financial health of the country.