Khaitan & Khaitan

India

Analysis

Overview

With a historical link to the well-known behemoth firm that shares a similar name, Khaitan & Khaitan is a full service law firm with over 30 lawyers led by nine partners. Founded 22 years ago, the firm is best known for its expertise in banking and finance, dispute resolution, corporate and commercial advisory, real estate, restructuring and insolvency and project finance. Senior partners Umesh Kumar Khaitan and Ashutosh Khaitan possess decades of experience in their respective fields. Last year, the firm welcomed banking and finance partner Ray Sharat Prasad and corporate partners Subodh Sadana from Advaita Legal to further its corporate practice expansion.

Dispute resolution
Work highlights

Successfully represented Modi-Mundipharma in a landmark judgment that released its client’s novel technology pharmaceuticals product from rigorous and incremental price control notification.

Engaged by SMC Global Securities and 16 brokers to file writ petitions challenging the proceedings being conducted by the Collector of Stamps in Delhi for the levy of stamp duty on ‘proprietary trade’ where no broker note is generated.

Key clients

Bougainvillea Multiplex Entertainment Center, GS Pharmbutors, Winmedicare

Corporate and M&A
Work highlights

Acted for the Indian subsidiary of US-based Bio-Rad Laboratories in acquiring office space in a multi-storied commercial building in Bangalore.

Advised Bombay Stock Exchange-listed refractories and monolithics manufacturer Orient Refractories on its $6.45 billion acquisition of a manufacturing plant in Cuttack, Odisha from Manishri Refractories and Ceramics.

Key clients

Asiya Capital Investments, JCK Infra Projects, Lingaraj Pipes, Rettenmaier India

Banking and finance
Work highlights

Advised Punjab National Bank, which led a consortium comprising Canara Bank, Central Bank, Indian Overseas Bank, UCO Bank and Vijaya Bank, as lenders to a certain project. The team reviewed existing financing and security documents, and development agreements.

Key clients

Jammu & Kashmir Bank