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Stephenson Harwood

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Kamal Shah operates at the forefront of the ‘solution oriented’ Stephenson Harwood team, which acts for an array of clients, from banks and global corporations to entrepreneurs and wealthy families in contentious and non-contentious settings. Shah specialises in international arbitration and commercial litigation and is geared to handle multijurisdictional mandates, while Diwakar Agarwal is adept at handling the full gamut of corporate and commercial issues. ’Diligent’ Gregory Xu’s strengths in banking and project finance further bolster the team’s capabilities.
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Testimonials

Collated independently by Legal 500 research team.

  • ‘Stephenson Harwood is easily approachable and solution oriented.’

  • ‘Gregory Xu is a fast and diligent lawyer.’

  • ‘The team is responsive, well-versed in the market, and dedicated to providing high-quality legal advice. They have guided clients through cross-border transactions involving banking and finance along with other practice areas like mergers and acquisitions (M&As), initial public offerings (IPOs), litigation, and arbitration.’

  • ‘Kamal Shah is a great litigator. Many Indians rely on him in the London market, and he also has strong ties with the Africa and Middle East regions.’

  • ‘Their legal expertise and proactive approach consistently deliver practical solutions, cementing them as a reliable partner in navigating complex legal matters.'

  • ‘Stephenson Harwood brings expertise, global perspective, and experience in navigating the legal intricacies of both Indian and international jurisdictions, making them valuable partners for businesses with cross-border interests involving India.'

Key clients

  • ICICI Bank
  • Axis Bank
  • Yes Bank
  • HDFC Bank Limited
  • State Bank of India, Hong Kong branch
  • Adani Group
  • Ultratech Cement
  • TBO Tek Limited
  • Aditya Birla Finance Limited
  • Power Finance Corporation Limited

Work highlights

Advised State Bank of India on the construction finance loan to Radial IT Park Private Limited (a CapitaLand group company) of INR539.60m for the first business park in India to be certified by the Indian Green Building Council as net zero for energy efficiency.
Advising UltraTech Cement Middle East Investments Ltd., the largest cement producer in India, on its 70% equity share acquisition of Duqm Cement Project International ("Duqm Cement") from Seven Seas Group, Oman.
Representing ICICI Bank on its claim against Bavaguthu Raghuram Shetty over NMC Healthcare’s widely reported financial issues in the DIFC courts.

Lawyers

Practice head

Kamal Shah

Other key lawyers

Diwakar Agarwal; Gregory Xu