Mr Saket Shukla > Phoenix Legal > NEW DELHI, India > Lawyer Profile

Phoenix Legal advises on voluntary liquidation, dissolution of companies, and other matters under the IBC. The team is headed by Saket Shukla, Manjula Chawla, and Abhishek Saxena, alongside Gautam Bhatikar, who is based in Mumbai. The team is especially proficient at handling corporate insolvency matters for resolution professionals. In particular, associate partner Neha Naik has represented several notable banks and foreign-owned enterprises in relation to insolvency proceedings. Lawyers are in Dehli unless otherwise stated.

The experienced litigation team at Phoenix Legal regularly handles various corporate, civil, and criminal matters before courts, quasi-judicial authorities, and tribunals, handling commercial contracts, shareholders’ disputes, debt recovery, and competition law matters. Saket Shukla takes point on matters concerning infrastructure, mining and resources, and construction, while Abhishek Saxena is the key name for contentious transactional matters. Aman Avinav joined from independent practice in September 2022 and has significant experience defending clients against criminal proceedings, while Gaurav Dudeja joined from King, Stubb & Kasiva in April the same year. Vasanth Rajasekaran left the practice in August 2022.

Phoenix Legal is a regular port of call for large Indian and overseas insurers and reinsurers on a range of contentious and non-contentious matters. Drawing on over 20 years of experience in the field, New Delhi-based Saket Shukla specialises in strategic advisory work and transactions cutting across the insurance space; Shukla co-heads the practice alongside dual-qualified (India and England) and litigation-focused Gautam Bhatikar, based in Mumbai. Also in New Delhi, associate partner Akshay Sachthey comes highly recommended.

Based in New Delhi, Phoenix Legal acts for domestic and international private equity and venture capital funds on structuring and exit strategies, spanning across various phases of the funds lifecycle. Jointly led by Saket Shukla, Pranav Srivastava, and Abhishek Saxena, the team also assists clients in restructurings, from inception to exits, in addition to navigating regulatory landscapes.

Counting software companies, internet start-ups, and investors amongst its key clients, the Phoenix Legal practice has great experience advising on issues relating to policy, IP protection, and compliance. In the New Delhi office, Saket Shukla specialises in strategic advisory work and corporate transactions, whilst Sawant Singh is an expert on private equity and project finance. Associate partner Aditi Sharma focuses on cross-border investments and joint ventures.

Adept at handling both contentious and non-contentious employment matters, Phoenix Legal regularly advises on employee transfers, disciplinary inquiries, industrial disputes, and terminations, with particular sector expertise in the manufacturing and service industries. Manjula Chawla and Abhishek Saxena take point on corporate employment matters; Saket Shukla handles restructurings and senior executive exits; Sawant Singh in Mumbai has a broad practice and is recommended for M&A-related employment mandates, while Pranav Srivastava is the key contact for clients in the tech and life sciences sectors. The five co-lead the practice. All lawyers mentioned are based in Delhi unless otherwise stated.

The real estate team at Phoenix Legal advises investee companies, property developers, buyers, lessors, lessees and funds on various real estate issues. Manjula Chawla’s expertise ranges from strategic corporate investments and corporate finance to M&As, joint ventures, corruption and compliance investigations, and general corporate and commercial matters. Saket Shukla advises international investors, multilateral agencies and promoter groups on complex transactions across multiple sectors, including infrastructure, construction, insurance, hospitality, but also mining and resources as well as oil and gas. From the New Delhi office, Pranav Srivastava  focuses on technology (including IT and FinTech), life sciences, healthcare, infrastructure, power, oil and gas and EPC/ construction sectors. He also handles cross-border investments and the appointment of contractors.

Phoenix Legal offers in-depth experience in providing advice on corporate, regulatory, and corporate governance matters across a wide range of spaces, ranging from infrastructure to healthcare. The firm displays skill in handling multi-jurisdictional M&A and business restructurings, along with assisting corporations on investment models which ensure a beneficial tax structure. Operating out of New Delhi, Manjula Chawla focuses on corporate finance and joint ventures, Saket Shukla specialises in strategic advisory work, and Abhishek Saxena’s practice includes insolvency and restructuring matters. Pranav Srivastava is an expert on the technology and life sciences sector, whilst from Mumbai, co-founding partner Sawant Singh has expertise in private equity and project finance work. Akshay Sachthey is also noted as a key lawyer.