JSA is a leading, pan-India full-service firm that excels in a number of areas including energy, infrastructure, technology and telecommunications, banking and finance, and construction. Its regulatory practice is well-regarded due to the firm’s strong credentials with telecoms, energy and infrastructure authorities. This year the firm made notable strides in the rankings, rising into the top tier for its competition and disputes offerings. It additionally ascended a notch in the aviation and media and entertainment rankings. The firm operates in Mumbai, New Delhi, Bengaluru, Chennai and Gurugram.
Last year the firm shored up its core practice areas to enhance its competitiveness among India’s premier full-service firms. In two blockbuster moves that shook the legal industry, the firm recruited competition doyenne Nisha Kaur Uberoi and her 25-strong team from Trilegal, as well as a sizable M&A team from Shardul Amarchand Mangaldas & Co. Today, the competition team remains at the top of its game, securing major merger approvals for clients like Apple and UltraTech Cement. The team has expanded its expertise to address competition issues arising from digital and tech sectors, reflecting the evolving regulatory environment.
Other key moves to reflect the firm’s growth include its strategic hires late last year, including capital markets specialist Anuj Pethia, and projects, infrastructure and real-estate partners M Arun Kumar and Deepak Chowdhury. In April 2025, JSA further demonstrated its commitment to talent development by promoting 70 lawyers, including 12 to the position of retained partner.
The firm has also been actively involved in major advisory roles, successfully guiding clients through critical transactions. Recent highlights include advising Truemeds on its Series C fundraising, facilitating the IPO of All Time Plastics, and supporting Steel Infra Solutions in their IPO. Additionally, JSA played a key role in advising Vertis Infrastructure Trust on a sustainability-linked bond issuance and acted on behalf of Schneider Electric in a significant stake acquisition in Schneider Electric India.
Work highlights
Advised a private equity fund on the merger of Quality Care India, which operates CARE Hospitals, with Aster DM Healthcare, creating one of India's top three hospital chains.
Acted for a PE player on its strategic investment in Greytip Software.
Advised a PE growth capital fund in its pre-IPO investment in Meesho, contributing to the company's valuation of over $3.5 billion.
Work highlights
Acted for a domestic industrial development corporation an arbitration initiated by Tata Motors regarding a claim. The Arbitral Tribunal granted a partial award, which is currently pending appeal before the High Court of Calcutta.
Represented a machinery conglomerate in ongoing arbitral proceedings initiated by Dipon Gulf General Contracting, concerning outstanding payments related to additional work performed under several contracts. The case involves complex cross-jurisdictional elements and significant financial implications.
Work highlights
Advised a social ventures fund on the transfer of its entire 22.3% shareholding in Sonata Finance Private.
Acted for a fund player in the establishment of a new AIF Cat-II scheme, with a fund size of Re7.5 billion ($86 million) and an additional green shoe option.
Work highlights
Advised Xylem on the Indian aspects of its acquisition of Evoqua Water Technologies Corp.
Acted for Coforge in its acquisition of a controlling stake in Cigniti Technologies, which included a tender offer under the Indian Takeover Regulations.
Key clients
Clearlake Capital Group, DuPont, Ford Motors, Google, Microsoft, Mobiv Acquisition, Pepsico India, Singapore Telecommunications
Work highlights
Advised a leading cement company in obtaining unconditional approval from the Competition Commission of India for its acquisition of a controlling stake in India Cements, involving a 32.72% stake acquisition and a subsequent open offer to public shareholders. This transaction marks a significant milestone in the cement industry.
Represented Schneider Electric and Temasek in their $2.1 billion acquisition of Larsen & Toubro’s electric and automation business.
Work highlights
Assisted a construction company in connection with the sale of a 26% stake in three road special purpose vehicles (SPVs) to various parties. This transaction involved complex legal considerations surrounding the acquisition and operation of the SPVs.
Acted for the National Highways Authority of India in successfully awarding concessions for round 3 of its InVIT monetisation initiative. The assignment involved preparing concession agreements for multiple project bundles.
Work highlights
Advised a US tech giant International on competition law aspects before the Competition Commission of India in an ongoing investigation related to allegations of abuse of dominant position.
