As one of the top law firms in India, Economic Laws Practice is highly ranked across the banking and finance, capital markets, competition/antitrust, dispute resolution, regulatory and tax practices. This year it moves up in the real estate ranking. The firm’s renowned tax group is acknowledged by peers as a market leader. Firm managing partner and main contact Suhail Nathani is often a lead partner in competition cases, as well as on private equity and M&A deals. Four corporate and private equity focused partners left the firm to establish their own start up: Darshan Upadhyay, Bhavin Gada, Shyam Pandya and Amit Manubarwala. Another corporate partner, Tushar Ajinkya, left to start his own firm, while M&A expert Amruta Kelkar lateralled over to Shardul Amarchand Mangaldas & Co. The tax team expanded with the hiring of Saumil Shah as a new tax director and Mitesh Chauhan as an associate tax director.
“Great team, very approachable and practical in advising. Good at closing the deal quickly.” – Corporate and M&A
“I appreciate the team’s commercial awareness, practical guidance and great grasp of our business.” – Tax
“Excellent delivery of service, technically very good and has great knowledge of our industry.”
“He is open in communications and clear in feedback. He understands issues very quickly. He has maturity in negotiating and resolving with the counterparty.”
Engaged by Inox Leisure for a matter dealing with anti-profiteering proceedings under the Indian GST laws.
Representing Modelez India Foods in a revision application before the High Court to challenge an order of the Commercial Tax Tribunal.
Acted for Purulia Kharagpur Transmission Company in filing a writ petition challenging the imposition of penalty due to the non-discolusre of purchases.
Anheuser Busch InBev India, Bacardi India, The Great Eastern Shipping Company
Advised JM Financial on the acquisition of a significant minority stake in Canpac Trends through a primary issuance and secondary sale o
Represented Samara Capital on its investment in Blue Heaven Cosmetics (BHCP) through Nature’s Essence, which had acquired a majority stake in BHCP with an option to purchase additional equity stake from the promoters of BHCP in the future.
Representing INX Media against criminal proceedings launched against it by the Enforcement Directorate of India for money laundering.
Acting for Lex Sportel Vision Private in an arbitration against Discovery Networks Asia Pacific and Dicovery Communications India relating to a shareholder dispute.
Acting for Diamond Forever International as a resolution applicant who had submitted a resolution plan for corporate debtor, Provogue, which is going through insolvency proceedings.
Representing Diamond Forever International, one of the resolution applicants for Provogue India, which is undergoing a corporate insolvency resolution process with a debt load of $34 million.
Sify Technologies, State Bank of India
Successfully represented Google International in relation to its $4.5 billion acquisition of a stake in Jio Platforms.
Advised TransWorld on its transaction with Unifeeder ISC that included the transfer of Shreyas Shipping and Logistics containerised domestic coastal and exim feeder shipping business to Unifeeder through Transword Feeders Private, the execution of a long-term framework chartering agreement, and the sale of the entire stake of the company from the client to Unifeeder.
AstraZeneca, Centrum Housing Finance, Invest India, Prozone
Representing Google, Google India Private and Google Ireland before the CCI and is representing them before the appellate tribunal National Company Law Appellate Tribunal against allegations nfiled by Bharatmatrimony.com and Consumer Unity Trust Society for abuse of dominance.
Acting for GEEP Industries India in an appeal before the NCLAT subsequent to the decision of the CCI penalizing GEEP for anti-competitive conduct.
Representing Worldline India Privatebefore the CCI and the NCLAT in a matter against VeriFone India Sales, where the latter is alleging abuse of dominance by the client imposing unfair and discriminatory terms in its contracts with its customers.
Ericsson, SKF India, United Breweries
Assisted Arka Fincap and SBM Bank as lenders to Signature Global India and Sternal Buildcon.
Advised DBS Bank on its loan to Whispering Heights Real Estate Private.
Acted for Bank of Baroda on its loan facility to Polycab India.
Avendus Finance, IndusInd Bank