S&R Associates
Asia-Pacific Guide 2026
About
S&R Associates is a full-service Indian law firm with offices in New Delhi and Mumbai.
Our principles: a commitment to the quality of work, dedication to our clients and a professional culture in Indian legal services with international standards.
The Firm has more than 160 lawyers providing legal services to sophisticated international and Indian clients.
International Experience
Many of our senior lawyers have worked with leading international law firms in New York, London and Singapore.
Regulatory Expertise
We have extensive experience in engaging on behalf of our clients with major Indian regulatory authorities on complex issues across sectors.
Inter-disciplinary Approach
Our lawyers from across practice groups work together to solve our clients’ key problems and challenges.
Hands-on Partner Involvement
Drawing from our focus on quality and as a firm with relatively lower leverage, our services are characterized by a high level of partner involvement in all transactions and matters.
- Mergers and Acquisitions
- Capital Markets
- Private Equity and Investment Funds
- Litigation and Arbitration, Regulatory
- Anti-corruption, Fraud and Investigations
- Banking, Finance, Restructuring and Insolvency
- Competition/Antitrust
- Tax
- International Trade
- Corporate Governance and ESG
- Employment
- Data Privacy and Intellectual Property
- InvITs, REITs and Business Trusts
- Real Estate
- Projects, Infrastructure and Energy
- General Corporate
Ranked Offices
Provided by S&R Associates
- New DelhiMax House, Tower C, 4th Floor Okhla Industrial Estate Phase III , New Delhi, Delhi, India, 110 020
- Web: www.snrlaw.in
- Tel: +91 11 4069 8000
- Fax: +91 11 5289 8001
- MumbaiOne Indiabulls Centre, 1403, Tower 2, B Wing, 841, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, India, 400 013
S&R Associates rankings
Articles, highlights and press releases
264 items provided by S&R Associates
Recent Representation: Prudential Corporation Holdings Limited
S&R Associates represented Prudential Corporation Holdings Limited
Recent Representation: Prudential Corporation Holdings Limited
S&R Associates represented Prudential Corporation Holdings Limited
Regulatory Compliance Calendars for AIFs in India
Alternative Investment Funds (AIFs) are subject to a multitude of periodic and event-based reporting and other compliance obligations under SEBI’s regulations as well as other applicable Indian law. To help general partners, sponsors, managers and trustees navigate such regulatory obligations, our I
Recent Representation: Peak XV Partners, Redwood Trust and Verlinvest S.A.
S&R Associates represented Peak XV Partners, Redwood Trust and Verlinvest S.A.
Recent Representation: Peak XV Partners, Redwood Trust and Verlinvest S.A.
S&R Associates represented Peak XV Partners, Redwood Trust and Verlinvest S.A.
Recent Representation: IndoSpace
S&R Associates is representing IndoSpace
Recent Representation: the Broker
S&R Associates represented the broker
Recent Representation: the Broker
S&R Associates represented the broker
Charting a New Course: Legal Implications of Merchant Shipping Act, 2025 on Indian Maritime Governan
The enactment of the Merchant Shipping Act, 2025 (“MSA”) presents a landmark legislative milestone in India’s vision of becoming a global maritime hub. The MSA repeals the erstwhile Merchant Shipping Act, 1958 and introduces a regulatory environment that is aligned with the global maritime industry
Recent Representation: Brakes India
S&R Associates represented Brakes India
Recent Representation: Morgan Stanley
S&R Associates represented Morgan Stanley
Regulatory Updates: Clean Energy (April to September 2025)
Issue 3 of 2025 of our Roundup Series on Clean Energy covers the six-month period between April and September 2025. This Issue tracks regulatory and other key developments at both Central and State levels in the covered period with respect to solar and wind energy generation, green hydrogen and gree
Recent Representation: Embassy Office Parks REIT
S&R Associates is representing Embassy Office Parks REIT,
Recent Representation: Hillhouse Investment
S&R Associates represented Hillhouse Investment
Recent Representation: Maple Infrastructure Trust
S&R Associates represented Maple Infrastructure Trust
Recent Representation: IRB InvIT Fund
S&R Associates represented IRB InvIT Fund
Recent Representation: IRB Infrastructure Trust
S&R Associates represented IRB Infrastructure Trust
Recent Representation: the Book Running Lead Managers
S&R Associates represented ICICI Securities and IIFL Capital, book running lead managers
[S&R Data+] India’s Digital Personal Data Protection Regime Takes Effect
On November 13, 2025, the Government of India notified the Digital Personal Data Protection Rules, 2025 (“Rules”) under the Digital Personal Data Protection Act, 2023 (“DPDP Act”). These rules follow the draft Digital Personal Data Protection Rules, 2025, which were released for public consultation
Recent Representation: the Book Running Lead Managers
S&R Associates represented Axis Capital, Morgan Stanley, Citigroup, J.P. Morgan and Jefferies, book running lead managers
Recent Representation: Peak XV Partners, Y Combinator and Ribbit Capital, selling shareholders
S&R Associates represented Peak XV Partners, Y Combinator and Ribbit Capital, selling shareholders
Investment in Renewable Energy Projects: Key Legal Due Diligence Considerations
India has rapidly adopted clean energy to diversify its energy mix given its climate commitments. An enabling policy framework and technological advances have resulted in broad based participation in this sector. This note considers key issues for a legal due diligence on renewable energy generating
Recent Representation: Eversana Life Sciences
S&R Associates represented Eversana Life Sciences
Recent Representations: IHH Healthcare Berhad
S&R Associates represented IHH Healthcare Berhad and its wholly-owned indirect subsidiaries, Northern TK Venture Pte. Ltd and Parkway Pantai Limited
Recent Representation: the Book Running Lead Managers
S&R Associates represented ICICI Securities, Citigroup, J.P. Morgan and Kotak Mahindra, book running lead managers
Recent Representations: Stelling Technologies (IntrCity)
S&R Associates is representing Stelling Technologies (IntrCity)
S&R Associates Announces New Partners
We are pleased to announce that Shiv Bhargava, Kanika Khanna and Prateek Sharma have been designated as retained partners at S&R Associates.
Recent Representation: Midwest Limited
S&R Associates represented Midwest Limited
SEBI Introduces Framework to Streamline Transfer of Portfolio Management Services
The Securities and Exchange Board of India (“SEBI”) has issued a circular introducing a framework for the transfer of Portfolio Management Service (“PMS”) businesses between registered Portfolio Managers. The framework, effective immediately, requires prior SEBI approval for all transfers, whether w
Integrating Virtual Power Purchase Agreements into India’s Power Market: Proposed Changes to the Reg
Certain changes to the Indian regulatory framework, as applicable to virtual power purchase agreements (“VPPAs”), have been recently proposed by the Central Electricity Regulatory Commission (“CERC”) pursuant to draft regulatory instruments – including through VPPA-specific guidelines, as well as ne
Recent Representation: Prudential Corporation Holdings Limited
S&R Associates represented Prudential Corporation Holdings Limited
Recent Representation: Prudential Corporation Holdings Limited
S&R Associates represented Prudential Corporation Holdings Limited
Regulatory Compliance Calendars for AIFs in India
Alternative Investment Funds (AIFs) are subject to a multitude of periodic and event-based reporting and other compliance obligations under SEBI’s regulations as well as other applicable Indian law. To help general partners, sponsors, managers and trustees navigate such regulatory obligations, our I
Recent Representation: Peak XV Partners, Redwood Trust and Verlinvest S.A.
S&R Associates represented Peak XV Partners, Redwood Trust and Verlinvest S.A.
Recent Representation: Peak XV Partners, Redwood Trust and Verlinvest S.A.
S&R Associates represented Peak XV Partners, Redwood Trust and Verlinvest S.A.
Recent Representation: IndoSpace
S&R Associates is representing IndoSpace
Recent Representation: the Broker
S&R Associates represented the broker
Recent Representation: the Broker
S&R Associates represented the broker
Charting a New Course: Legal Implications of Merchant Shipping Act, 2025 on Indian Maritime Governan
The enactment of the Merchant Shipping Act, 2025 (“MSA”) presents a landmark legislative milestone in India’s vision of becoming a global maritime hub. The MSA repeals the erstwhile Merchant Shipping Act, 1958 and introduces a regulatory environment that is aligned with the global maritime industry
Recent Representation: Brakes India
S&R Associates represented Brakes India
Recent Representation: Morgan Stanley
S&R Associates represented Morgan Stanley
Regulatory Updates: Clean Energy (April to September 2025)
Issue 3 of 2025 of our Roundup Series on Clean Energy covers the six-month period between April and September 2025. This Issue tracks regulatory and other key developments at both Central and State levels in the covered period with respect to solar and wind energy generation, green hydrogen and gree
Recent Representation: Embassy Office Parks REIT
S&R Associates is representing Embassy Office Parks REIT,
Recent Representation: Hillhouse Investment
S&R Associates represented Hillhouse Investment
Recent Representation: Maple Infrastructure Trust
S&R Associates represented Maple Infrastructure Trust
Recent Representation: IRB InvIT Fund
S&R Associates represented IRB InvIT Fund
Recent Representation: IRB Infrastructure Trust
S&R Associates represented IRB Infrastructure Trust
Recent Representation: the Book Running Lead Managers
S&R Associates represented ICICI Securities and IIFL Capital, book running lead managers
[S&R Data+] India’s Digital Personal Data Protection Regime Takes Effect
On November 13, 2025, the Government of India notified the Digital Personal Data Protection Rules, 2025 (“Rules”) under the Digital Personal Data Protection Act, 2023 (“DPDP Act”). These rules follow the draft Digital Personal Data Protection Rules, 2025, which were released for public consultation
Recent Representation: the Book Running Lead Managers
S&R Associates represented Axis Capital, Morgan Stanley, Citigroup, J.P. Morgan and Jefferies, book running lead managers
Recent Representation: Peak XV Partners, Y Combinator and Ribbit Capital, selling shareholders
S&R Associates represented Peak XV Partners, Y Combinator and Ribbit Capital, selling shareholders
Investment in Renewable Energy Projects: Key Legal Due Diligence Considerations
India has rapidly adopted clean energy to diversify its energy mix given its climate commitments. An enabling policy framework and technological advances have resulted in broad based participation in this sector. This note considers key issues for a legal due diligence on renewable energy generating
Recent Representation: Eversana Life Sciences
S&R Associates represented Eversana Life Sciences
Recent Representations: IHH Healthcare Berhad
S&R Associates represented IHH Healthcare Berhad and its wholly-owned indirect subsidiaries, Northern TK Venture Pte. Ltd and Parkway Pantai Limited
Recent Representation: the Book Running Lead Managers
S&R Associates represented ICICI Securities, Citigroup, J.P. Morgan and Kotak Mahindra, book running lead managers
Recent Representations: Stelling Technologies (IntrCity)
S&R Associates is representing Stelling Technologies (IntrCity)
S&R Associates Announces New Partners
We are pleased to announce that Shiv Bhargava, Kanika Khanna and Prateek Sharma have been designated as retained partners at S&R Associates.
Recent Representation: Midwest Limited
S&R Associates represented Midwest Limited
SEBI Introduces Framework to Streamline Transfer of Portfolio Management Services
The Securities and Exchange Board of India (“SEBI”) has issued a circular introducing a framework for the transfer of Portfolio Management Service (“PMS”) businesses between registered Portfolio Managers. The framework, effective immediately, requires prior SEBI approval for all transfers, whether w
Integrating Virtual Power Purchase Agreements into India’s Power Market: Proposed Changes to the Reg
Certain changes to the Indian regulatory framework, as applicable to virtual power purchase agreements (“VPPAs”), have been recently proposed by the Central Electricity Regulatory Commission (“CERC”) pursuant to draft regulatory instruments – including through VPPA-specific guidelines, as well as ne