Shardul Amarchand Mangaldas & Co > New Delhi, India > Firm Profile

Shardul Amarchand Mangaldas & Co
AMARCHAND TOWERS
216 OKHLA INDUSTRIAL ESTATE, PHASE 3
NEW DELHI 110 020
India

India > Antitrust and competition Tier 1

The leading competition group at Shardul Amarchand Mangaldas & Co continues to be engaged in ‘cutting-edge work’, housing a team of experts with an impressive client roster including Facebook and Fiat Chrysler Automobiles. John Handoll oversees the team, which handles merger control work, investigations and cartel proceedings before the CCI and the National Company Law Appellate Tribunal (NCLAT). Senior partner Shweta Shroff Chopra is the key contact for merger control and cartel cases, whilst enforcement matters are dealt with by Naval Chopra and Manika Brar. Harman Singh Sandhu, who has been engaged in various international transactions, advises on obtaining clearance for multi-jurisdictional mergers. Managing partner and dispute resolution head Pallavi Shroff remains a key practitioner in the team, as does Yamam Verma.

Practice head(s):

Testimonials

‘Sectoral knowledge, strategic thinking, and cutting-edge, innovative work.’

‘Naval Chopra has a deep understanding of the regulatory and legal framework. The team are pioneers in this practice in India. They stand out for their 24/7 availability, bench strength and extremely high-quality, business-friendly advice.’

Key clients

Facebook, Inc. and its wholly owned subsidiary, Jaadhu Holdings LLC

Mahyco Monsanto Biotech (India) Private Limited

WhatsApp LLC and Facebook, Inc.

Uber India Systems Private Limited

Reliance Retail Ventures Limited

Flipkart Internet Private Limited

Flipkart Investments Private Limited

Alstom S.A.

Metso Oyj and Outotec Oyj

Fiat Chrysler Automobiles N.V.

India Ratings and Research Private Limited

Canary Investments Limited and Link Investment Trust II – affiliates of the ChrysCapital group

ZF Friedrichshafen AG

Work highlights

  • Obtained CCI clearance of Facebook’s acquisition of a minority non-controlling shareholding in Jio Platforms.
  • Secured CCI clearance of the proposed acquisition by Reliance Retail Ventures of Future Group stores across India, along with wholesale, logistics and warehouse businesses.
  • Acted for Mahyco Monsanto Biotech (India) in High Court proceedings against the CCI, and succeeded in having the statements of 40 witnesses whom it had unsuccessfully sought to cross-examine expunged from the CCI’s record.

India > Banking and finance Tier 1

Shardul Amarchand Mangaldas & Co houses a number of prolific banking and finance lawyers including Shardul Shroff and Veena Sivaramakrishnan. The group advises banks and corporates on acquisition and leveraged finance, debt restructuring and corporate lending.

Work highlights

    India > Capital markets Tier 1

    Shardul Amarchand Mangaldas & Co‘s capital markets team remains a market leader, and has a track record of advising major clients on big-ticket debt and equity matters, including IPOs, QIPs, FCCBs, and listings of InvITs and REITs. National group head Prashant Gupta advises issuers and underwriters on large transactional mandates; he is supported by key partners Nikhil Naredi, who advises investment banks on equity offerings, Shubhangi Garg, who has expertise in financing and regulatory matters, and Manjari Tyagi. The team also advises on cross-border IPOs, foreign currency bonds, and restructuring matters.

    Practice head(s):

    Work highlights

      India > Corporate and M&A Tier 1

      Work highlights

        India > Dispute resolution: arbitration Tier 1

        Shardul Amarchand Mangaldas & Co‘s dispute resolution team has a reputation for handling a range of Indian and international arbitrations. Managing partner Pallavi Shroff and Tejas Karia jointly head the team from New Delhi and are particularly strong for commercial disputes while Mumbai-based Rishab Gupta counts investment treaty arbitration among his areas of experience.

        Practice head(s):

        Pallavi Shroff; Tejas Karia

        Other key lawyers:

        Work highlights

          India > Dispute resolution: litigation Tier 1

          Shardul Amarchand Mangaldas & Co has a well-regarded litigation practice and is active in commercial disputes, insolvency proceedings, and competition litigation. Pallavi Shroff continues to be the pre-eminent practitioner in the team and has a track record representing clients in competition-related mandates. High-stakes regulatory cases before the NCLT are handled by Ritu Bhalla. In September 2020, the team was strengthened further by the arrival of Nawneet Vibhaw, a specialist in environmental disputes, from Khaitan & Co LLP.

          Practice head(s):

          Other key lawyers:

          India > Insurance Tier 1

          The insurance practice at Shardul Amarchand Mangaldas & Co. is primarily active in the corporate and regulatory space. Led by Shailaja Lall, the team handles matters including insurance company formations and associated licensing approvals, sector-specific M&A, reinsurance transactions and investments into India-based insurance companies. Roopal Kulsrestha recently advised on divestments in the life insurance sector. Also in the life insurance space, Ashish Teni actively advises on policy drafting and vetting. Instructions are sourced from domestic and multinational insurers, reinsurers and brokers. The firm also represents clients before the Securities Appellate Tribunal in appeals against IRDAI orders. The team was strengthened by the addition of Samarth Gupta, who joined from L&L Partners Law Offices in April 2021.

          Practice head(s):

          Key clients

          One97 Communications Limited

          IDBI Bank Limited

          Work highlights

          • Advised PayTM InsureTech Private Limited on the acquisition of 100% of Raheja QBE General Insurance Company Limited.
          • Advised on the divestment by IDBI of its 23% stake in IDBI Federal Life Insurance Company Limited to its JV partner, Ageas Insurance International NV.
          • Advised on the acquisition of 100% of Vipul Medcorp Insurance TPA Private Limited by Vidal TPA from certain shareholders of Vipul Medcorp, and the acquisition of 100% of Vipul Medcare Private Limited by Vidal Health from certain shareholders of Vipul Medcare.

          India > Private client Tier 1

          Shardul Amarchand Mangaldas & Co’s dedicated private client practice group acts for a mix of high-net-worth entrepreneurs and promoters on the full gamut of wealth management matters. In addition, the team advises some of the most high-profile corporate houses and and industrial groups in the country, in sectors ranging from mining, energy, and engineering to pharmaceuticals and financial services. Department head Divi Dutta regularly advises on trusts, wills, estates, and asset planning – both domestic and offshore. Vrinda Pareek is noted for her experience in multi-party settlements and cross-border succession planning matters. All named lawyers are based in New Delhi.

          Practice head(s):

          Other key lawyers:

          Key clients

          O.P Jindal Group

          Hero Group

          HPL Electric Private Limited

          Cigniti Technologies Limited

           

          Work highlights

          • Advising O.P. Jindal Group on a family settlement agreement and succession planning.
          • Advising the promoters of the Hero Group on a family settlement agreement.
          • Drafting and overseeing the execution of a family severance agreement entered into between the promoters of Cigniti Technologies.

          India > Projects and energy Tier 1

          Project financing is one of Shardul Amarchand Mangaldas & Co‘s key specialisms, with the practice continuously advising on nationally significant transactions in the oil and gas, airports, roads, ports, SEZ and telecoms sectors. The team advises on the full scope of contractual negotiations, including PPAs, EPC contracts and LNG sale and purchase agreements. PPP experience extends to advising on the country’s ultra-mega power project programme. Practice head Jatin Aneja and key partners Deepto Roy, Prashant Sirohi and V.R. Neelakantan are retained by an expansive and diverse list of stakeholders; state governments, public sector bodies, multilateral agencies, developers, investors and lenders are all present on the roster.

          Practice head(s):

          Work highlights

          • Advising Morgan Stanley Infrastructure on it’s proposed acquisition of IL&FS Paradeep Refinery Water Limited.
          • Advised Bharat Road Network Limited, Galfar Engineering & Contracting (India) Private Limited, Galfar Engineering & Contracting SAOG, Simplex Infra Development Private Limited and Shree Jagannath Expressways Private Limited on executing a securities purchase agreement for divestment of their equity stake in SJEPL to India Highway Concession Trust.
          • Advised CME on the divestment of its equity stake in 250MW operational solar power project located in the Rewa Ultra Mega Solar Park in Rewa, Madhya Pradesh and 150 MW operational solar power projects in the Ananthapuramu Ultra Mega Solar Park in Andhra Pradesh to Actis Greengen Limited by way of a securities purchase transaction.

          India > Real estate and construction Tier 1

          Shardul Amarchand Mangaldas & Co offers pan-India support covering foreign direct investments, land use, joint ventures, as well as restructuring and development matters. Mrinal Kumar and Akshay Chudasama jointly lead the team.

          India > Restructuring and insolvency Tier 1

          India > Tax Tier 1

          Shardul Amarchand Mangaldas & Co‘s practice counts high-profile global corporates and private equity funds among its clients, providing advice on direct (income and corporation) tax issues accompanying M&A deals, foreign investments and large-scale reorganisations. Other focus areas include digital taxation as well as audits, investigations and appeals before domestic and international appellate bodies. Amit Singhania, Gouri Puri, Abhay Sharma and Rajat Bose are the key contacts.

          India > TMT Tier 1

          Shardul Amarchand Mangaldas & Co‘s sizeable practice and broad geographic footprint enables the firm to act on a range of corporate and commercial transactions for numerous technology, media, and telecoms companies, both at home and abroad. In addition to heading up the firm's arbitration practice, Tejas Karia is noted for his expertise in  IT law, including data protection, privacy, and confidentiality. Former practice head Gv Anand Bhushan left the firm for an in-house role in August 2021.

          Other key lawyers:

          Work highlights

            India > White-collar crime Tier 1

            India > Labour and employment Tier 2

            Shardul Amarchand Mangaldas & Co has an impressive global client roster to match an extensive HR advisory offering in the employment space, while the firm also leverages its wider litigation specialism for support on the contentious side. Practice head Pooja Ramchandani assists with senior-level hirings and retrenchments, comprehensive workforce restructurings in light of the Covid-19 pandemic, employee benefits negotiations and M&A transactional support. Principle associate Kriti Kaushik is a further key contact, with experience managing industrial relations, outsourcing and contract labour arrangements, and trade union settlements.

            Practice head(s):

            Other key lawyers:

            Key clients

            Reliance Retail Ventures, subsidiary of Reliance Industries

            TPG Growth

            Infogain Corporation, a Delaware corporation (portfolio company of ChrysCapital)

            Luxor Capital

            One97 Communications

            CareerBuilder LLC

            Work highlights

            • Advised Reliance Retail Ventures Limited on the employment aspects of the acquisition of the logistics and warehousing business of the Future Group.
            • Advised TPG Growth on a $350m investment in API Holdings Private Limited, the owner and the developer of ‘PharmEasy’.
            • Advised One97 Communications Limited on $376m acquisition of Raheja QBE General Insurance.

            India > Private equity and investment funds Tier 2

            Intellectual property Tier 3

            Dev Robinson heads a team at Shardul Amarchand Mangaldas & Co which provides a range of IP protection assistance combined with corporate work and transactions such as technology transfers and licensing. Example work includes acting for Vodafone Idea Limited on the launch of its new brand identity and the application for registration of a motion trade mark. Other key team members include JV Abhay, Rosalyn Malik and Paazal Arora.

            Practice head(s):

            Other key lawyers:

            Testimonials

            ‘They work hard to maintain communication.’

            ‘They have a way of imbuing me with confidence that they are being vigilant in protecting me and my company.’

            X

            The firm: Founded on a century of legal achievements, Shardul Amarchand Mangaldas & Co (SAM & Co) was born anew in May 2015. The executive chairman, Mr Shardul S Shroff and the managing partner, Ms Pallavi Shroff were instrumental in setting up this new firm and carried forward the legacy that the firm has inherited.

            With a well-calibrated growth strategy, SAM & Co is one of India’s leading full service law firms with seven offices across India and a team strength of over 500 lawyers including over 100 partners. The firm’s mission is to enable business by providing solutions as trusted advisors through excellence, responsiveness, innovation and collaboration. SAM & Co is known globally for its exceptional practices in mergers and acquisitions, private equity, competition law, insolvency and bankruptcy, dispute resolution, capital markets, banking and finance and projects and infrastructure. The firm has been at the helm of major headline transactions and litigation in all segments of industry, besides advising major multinational corporates on their entry into the Indian market and their business strategy.

            Areas of practice
            General corporate: Our work in the areas of mergers and acquisitions, JVs, private equity, insurance, real estate, employment and business restructuring is well documented in the annals of Indian corporate history. Our corporate teams are well complemented by our other practices for facilitating deal closures.

            Banking and finance: Our offerings range from traditional banking documentation to securitisation, factoring, payment banks, syndicated loans, structured acquisition equipment finance, mortgage backed securities, guarantee structures, NCDs, ECBs, and working capital loans.

            Competition law: With a strong and the most recognised competition practice in India, the competition team has a proven track record of successfully steering clients through their largest transactions, complex investigations and high-stakes litigations.

            Insolvency and bankruptcy: Our experience covers an entire range of scenarios relating to Bankruptcy and Insolvency, starting from early signs of distress to corporates and restructuring towards revival to processes involving liquidation and winding down of businesses. We provide a comprehensive solution in terms of financial restructuring and recovery, insolvency, corporate reorganization and restructuring, creditors’ rights, and contingent preparedness against any peripheral litigation.

            Dispute resolution: We are a go-to firm across industries for domestic and international arbitrations, commercial and corporate and regulatory disputes in various courts, tribunals, forums, administrative authorities and regulators in India, and also have white-collar crime, and insolvency and restructuring teams.

            Projects and project finance: We advise developers, EPC contractors, investors and lenders on various infrastructure projects, regulatory aspects, government tenders, and contractual issues in sectors such as power, oil and gas, nuclear energy, ports, roads and mining.

            Capital markets: Our offerings include legal and regulatory advice on IPOs, FPOs, rights issues, QIPs, ADRs, GDRs, IDRs, and AIM listings on the equity side; issuance and restructuring of FCCBs, nonconvertible bonds, unlisted infrastructure bonds, and medium term note programs (MTN Programs) on the debt side.

            Tax: We offer a broad range of advisory and litigation services in the areas of direct as well as indirect taxes (including customs duty, goods and service tax and state excise / alcohol duty).

            Intellectual property rights: We offer a full range of services that cover patents, trademarks, copyrights, designs and other allied laws, from conceptualisation to enforcement and from negotiations to creation of innovative corporate structures based on intellectual property

            Venture capital: We represent premier domestic and international clients on the investor as well as investee company side for early and growth stage financings. Our VC lawyers have sizeable deal experience (including having worked at prominent VC funds) and bring a deep understanding of the nuances of early stage investing.

            DepartmentNameEmailTelephone
            General corporate Amit Khansaheb
            General corporate Akila Agrawal
            M&A Shardul Shroff
            M&A Gunjan Shah
            M&A Amit Kumar
            Private Equity Puja Sondhi
            Private Equity Natashaa Shroff
            Private Equity Ekta Gupta
            Dispute Resolution Pallavi Shroff
            Dispute Resolution Tejas Karia
            Dispute Resolution Ritu Bhalla
            Competition Shweta Shroff Chopra
            Competition Naval Satarawala Chopra
            Competition Harman Singh Sandhu
            Insolvency & Bankruptcy Shardul Shroff
            Insolvency & Bankruptcy Anoop Rawat
            Insolvency & Bankruptcy Misha
            Projects and Project Finance Jatin Aneja
            Projects and Project Finance V.R. Neelakantan
            Tax Amit Singhania
            Tax Sandeep Chilana
            Capital Markets Prashant Gupta
            Capital Markets Sayantan Dutta
            Capital Markets Manjari Tyagi
            Real Estate Mrinal Kumar
            IP Dev Robinson
            IP Muzammil Husain
            Insurance Shailaja Lall
            White Collar Crime Nishant Joshi
            White Collar Crime Anuj Berry
            Employment Pooja Ramchandani
            Policy & Regulation Shahana Chatterji
            Policy & Regulation Sandip Beri
            PhotoNamePositionProfile
            Jatin  Aneja photo Jatin AnejaMr. Jatin Aneja is a Partner at the Firm and heads the…
            Anuj Berry photoMr Anuj BerryAnuj joined Shardul Amarchand Mangaldas in 2006 and is a Partner with the Firm’s…
            Prashant Gupta photoMr Prashant GuptaPrashant Gupta is a partner in the firm’s corporate department, focusing primarily…
            Tejas  Karia photo Tejas KariaTejas Karia is a partner and head of arbitration practice at Shardul…
            Mrinal Kumar photoMr Mrinal KumarMrinal Kumar is an equity partner with the Firm and specialises in…
            Shailaja Lall photoMs Shailaja LallMs. Shailaja Lall is an Equity Partner at Shardul Amarchand Mangaldas &…
            Raghubir  Menon photo Raghubir MenonRaghubir is a corporate, M&A and PE partner at the firm, the…
            Pooja  Ramchandani photo Pooja RamchandaniMs. Pooja Ramchandani is a Partner at the Firm and heads the…
            Gunjan Shah photoMs Gunjan ShahMs. Gunjan Shah is a Partner and serves on the Management Committee…
            Pallavi Shroff photoMs Pallavi ShroffPallavi S Shroff is the managing partner at Shardul Amarchand Mangaldas (SAM…
            Shardul Shroff photoMr Shardul ShroffMr. Shardul S. Shroff is the Executive Chairman at the Firm. He…
            Smarika Singh photoMs Smarika SinghMs. Smarika Singh is a Partner in the Firm’s Dispute Resolution team. She works…
            Harman Singh Sandhu photoMr Harman Singh SandhuMr. Harman Singh Sandhu is a Partner in the Firm’s Competition Law…
            Prashant Sirohi photoMr Prashant SirohiPrashant Sirohi is a Partner at the Firm and works in the…
            Veena  Sivaramakrishnan photo Veena SivaramakrishnanMs. Veena Sivaramakrishnan is a key Partner in the Firm’s Banking and…
            Ashish Teni photoMr Ashish TeniMr. Ashish Teni is a Partner in the Firm’s Corporate & Insurance…
            Manjari Tyagi photoMs Manjari TyagiMs. Manjari Tyagi is a Partner, specializing in the capital markets practice…
            Yaman Verma photoMr Yaman VermaYaman Verma is a Partner in the Firm’s Competition Law Practice with…
            Hindi