Managing Partners: 2
Number of partners: 3
Number of lawyers: 30
Languages:English, Gujarati, Hindi, Marathi
Firm Overview: This is a full-service dynamic law firm, having made remarkable progress owing to its unparalleled commitment to quality. Professionalism, effectiveness and quick turnaround are the cornerstones of the firm’s service. The firm’s work ethic and the accomplished legal advice rendered by the team, under the powerful leadership of the firm’s partners is why the team is a trusted advisor to clients.
The partners share a passion for the law, along with common values and purpose. On the other hand, clients enjoy the diversity, in gender, thought and approach.
The firm has in its folds, advocates also qualified as solicitors, company secretaries and chartered accountants, enabling them to deal with matters comprehensively, analysing the legal, commercial, regulatory and compliance and taxation aspects.
The firm’s strength lies in its solution oriented approach- whether it is in highlighting issues on a real time basis which gives clients enough lead time to take adequate decisions or in presenting well-researched and practical advice.
The firm has been recognised by publications like Legal 500, Chambers & Partners, IFLR1000, Global Law Experts among others for their work across practice areas. The RSG India 2019 Report, ranked the firm as one of the top 50 firms in India.
■ Real Estate
■ Banking & Finance
■ Capital Markets
■ Corporate Advisory
■ Dispute Resolution & Arbitration
■ Insolvency & Bankruptcy
■ Investment & Takeovers
■ Securitisation & Structured Finance
Main Areas of Practice:
3 partners, 14 fee earners based in Mumbai
As one of India’s leading law firms in the real estate sector, the firm is known for it’s unique approach towards title diligence and review. The firm has investigated complex titles for agricultural lands, indepth investigation of the laws relating to humane rehabilitation, statute of limitations, principles of harmonious interpretation and jurisprudence. The firm acts as an umbrella service for real estate work, providing funding, lending, structuring advice.
■ Advised PRL Developers Private Limited (a Piramal group company), in the acquisition of 3.2 acres in Mumbai from Sanofi India Limited and Nirmal Lifestyle Limited
■ Advised Lucrative Properties Private Limited (a Shapoorji Pallonji group company), for a development management agreement with Nirmal Lifestyle Ltd
■ Advised grant of term loan facilities by a consortium of Aditya Birla Capital Ltd. and JM Financial to Forum Group for construction and development of some projects
■ Advised Virtuous Retail Services Private Limited, a retail arm of the Xander Group in their acquisition of approximately 20 acres of land in Mumbai belonging to J.K. Investo Trade (India) Limited, an associate company of Raymond Limited
■ Advised Piramal Realty in acquisition of the iconic Dhobighat Redevelopment Project – Piramal Realty has joined hands with Omkar Group to execute redevelopment of 12 acres of prime land at Mahalaxmi, Mumbai
Banking & Finance:
2 partners, 8 fee earners based in Mumbai
The firm has rich experience in advising banks, NBFCs and borrowers in concluding transactions involving term lending, consortium working capital lending, pre-shipment and post-shipment facilities, among others. It regularly advises domestic and cross border financing transactions in the real estate, aviation, education and shipping sectors. The firm has represented lenders in large infrastructure projects in sectors like power, road, metro- rail, telecom and oil. It has been involved in corporate debt restructuring and revival/rehabilitation of sick companies in India. The firm provides astute advice and handholding, for structuring of transactions, including a bird’s eye view on tax liability such as GST implications and testing aspects of the tax from a client standpoint.
■ Advised Piramal Finance Ltd. to loan to premium home developer Wadhwa Group, to buy a plot in suburban Mumbai
■ Advised Yes Bank when they were funding the restructuring of the Lodha Group, when the Lodha Group was issuing fresh debentures
■ Advised Aditya Birla Group for structuring private placement of secured non-cumulative rated, listed redeemable non-convertible debentures issued by Prestige Estates Projects Limited
1 partner, 8 fee earners based in Mumbai
The dispute resolution practice extends to both domestic and international conglomerates and high net worth individuals. The firm represent clients at various courts and forums, aiming to prevent litigation. Where contentious work is inevitable, the firm represents the best interests of clients before the Supreme Court, various High Courts, SubDivisional Officers, Estate Officers, Administrators and Divisional Commissioners. It also represents clients in several commercial arbitrations, both domestic and international. The firm has a team of dedicated legal professionals who advise and represent clients before the Securities Appellate Tribunal, Securities and Exchange Board of India, National Company Law Tribunal, National Company Law Appellate Tribunal and other tribunals including the ones constituted under NSE and BSE Rules and byelaws.
■ Advised the operational creditors of Binani Cement Ltd. in a landmark case. This case helped lay a legal precedent for the protection of rights of the operational creditors during a resolution under the Insolvency & Bankruptcy Code in India
■ Advised the Promoters of Bharti Defence and Infrastructure Ltd. for insolvency before the National Company Law Tribunal