Mr Pranav Srivastava > Phoenix Legal > NEW DELHI, India > Lawyer Profile

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.

The team at Phoenix Legal advises clients across the pharma, biotech, healthcare, and medical devices spaces, combining transactional and corporate advice with work on disputes, intellectual property issues, and regulatory matters. The firm has particular expertise in handling regulatory issues relating to M&A and financing transactions, with practice co-head Abhishek Saxena noted for his expertise in cross-border M&A. The team is also led by Pranav Srivastava , who combines transactional and disputes experience, and Manjula Chawla, who has a strong record in cross-border commercial structuring and corporate matters.

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.

At Phoenix Legal, the team is highly regarded for handling oil and gas sale purchase agreements, as well as corporate transactions for infrastructure companies. The practice has extensive experience in advising entities in the crude oil and LNG sectors, and boasts a growing presence in the renewables arena, often assisting with wind, hydro, and solar mandates. Operating out of New Delhi, Abhishek Saxena is an expert on joint venture and M&A transactions, and Pranav Srivastava focuses on infrastructure and power-related mandates. Pallavi Bedi and Mumbai- based Aditya Bhargava are key individuals to note.

Fielding one of India’s largest maritime teams, Phoenix Legal provides comprehensive advice across a spectrum of maritime matters, including chartering arrangements, ship financings, regulatory issues, disputes and ship arrests, among others. Gautam Bhatikar leads the Mumbai office, representing various large banks, shipowners, oil companies and insurers in high-stakes litigation and arbitration, both domestically and overseas. Meanwhile, based in the New Delhi office, Abhishek Saxena and Pranav Srivastava co-head the practice, supported by Zoeb Cutlerywala and senior associate Vikram Kamath.

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 regularly assists clients with domestic tax, both direct and indirect tax including GST, transfer pricing, as well as the application of tax treaty principles. Abhishek Saxena and Pranav Srivastava  co-lead the team from New Delhi, while Jatin Arora leads from the Mumbai office. Saxena is active in direct tax and Arora is the lead for indirect tax. Srivastava focuses his practice on the tax aspects of transactional work.

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.