Advaita Legal

India

Analysis

Overview

Advaita Legal has particular expertise in handling PPP projects, bid advisory, regulatory advisory, and disputes relevant to the energy sector. Its disputes practice continues to gain traction in the rankings and moves up this year, alongside the debuts of the firm’s presence in the aviation and corporate and M&A tables. The firm is well-versed in aerospace and aviation matters, with consistent government-side representation. Firm principal Monali Dutta has diverse experience in dispute resolution, labour and employment, energy, and aviation. Partner Shailendra Singh is an energy and regulatory specialist.

Client feedback

“They have a hands-on approach to the power sector legacy issues and valuable insight into the generation and distribution business.” – Energy

“Good knowledge about local regulations and processes.” – Labour and employment

Monali Dutta

“She has integrity and will to do the best for the client.”

Alok Shankar

“He has developed the basic nuances for an energy sector lawyer. He is always updated on various sectoral developments and renders practical advice.”

Tax
Work highlights

Representing the Indian Bank Association, Kotak Bank and 12 other banks in a case against the Union of India relating to GST on the commitment to maintain minimum average bank account balances.

Acting for India Coke and Power against the government challenging the constitutional validity of GST on ocean freight services rendered by a foreign entity to another foreign entity located outside of India. Gujarat’s high court, in a landmark ruling, held the GST on these freight services as unconstitutional.

Key clients

Alstom Transport India, Beam Suntory, Bharat Petroleum Corporation, Diageo, KPMG, Softbank Energy, Vedanta, Uber, United Spirits

Dispute resolution
Work highlights

Advising Siemens Gasema in relation to the petition filed by PGCIL seeking preferential allotment of connectivity to the selected bidders in the Solar Energy Corporation of India auction.

Key clients

Belectric Group, GMR Warora Energy, ONGC, Petronet, Shapoorji Pallonji Group

Construction
Work highlights

Represented Ranchi Smart City Corporation on its bid to develop a smart city project during an auction process on an EPC basis.

Key clients

Belectric Group, Shapoorji Group, Vestas

Regulatory
Work highlights

Advised Renew Power Ventures on the applicability of extant laws in relation to the issue of accounting for depreciation.

Acting for the National Skill Development Corporation, a unique PPP in India to facilitate skills development, in reviewing loan agreements entered into with a borrower, and drafting and reviewing policy guidelines for the implementation of various skilling programmes.

Provided Madhya Pradesh Power Management Company with regulatory and legal advice on revised framework regulations in power purchase agreements.

Key clients

Central Electricity Regulatory Commissions, Essar Power, GMR Group, Kudgi Transmission