Representing notable names from the banking and finance, manufacturing, and retail sectors, Ashlar Law is sought after for its transactional and advisory capabilities. The group offers assistance with M&A, investments, and joint ventures, as well as slump sales, restructurings, and exits. Pingal Khan and Souvik Bhadra co-head the corporate and M&A practice and bring a wealth of experience to the team. Khan is adept at handling cross-border structuring, while Bhadra concentrates on joint ventures and debt transactions. The team also benefits from the aptitude of M&A, joint venture, and investments expert Fatima Ansari and corporate disputes authority Debangshu Ghatak.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The Ashlar team is proactive and understands the needs of its clients. They are available and incredibly supportive.’

  • ‘Ashlar Law stands out for its sharp transactional expertise combined with a deep understanding of commercial realities.’

  • ‘Unlike many firms that approach M&A purely from a legal documentation lens, Ashlar brings a deal-maker’s mindset — proactively identifying risks, structuring practical solutions, and often helping bridge gaps between counterparties.’

  • ‘What clients would value most is their ability to offer end-to-end support — from term sheet negotiation to due diligence, regulatory approvals, and closing — all with exceptional responsiveness and attention to detail.’

  • ‘The team is known for its agility, clarity in advice, and ability to handle both strategic large-scale transactions and nimble startup deals with equal competence.’

  • ‘A notable strength is their collaborative, partner-led approach, ensuring senior involvement at every critical stage — something many larger firms often lack.’

  • ‘In a market crowded with transactional firms, Ashlar’s corporate & M&A team distinguishes itself with a balance of technical excellence, commercial sense, and a genuine commitment to client success.’

Key clients

  • Balmer Lawrie
  • Bharat Innovation Fund
  • Willis Towers Watson
  • Jupiter Electric Mobility Private Limited
  • Equirus InnovateX Fund
  • Marble Box Solutions LLP
  • Standard Chartered Bank
  • Infinyte Club Pvt Ltd
  • PwC AIMS
  • Pinnacle Infotech Solutions

Work highlights

Advised Jupiter Electric Mobility Pvt. Ltd. on the investment in Technit Space and Aero Works Private Limited.

Practice head

Pingal Khan; Souvik Bhadra

Other key lawyers

Fatima Ansari; Debangshu Ghatak