Majmudar & Partners

India

Analysis

Overview

Majmudar & Partners is a medium-sized, high quality corporate and financial law firm that excels in corporate and M&A, private equity, and labour and employment areas. On the deal side, the firm is not a volume player as its clients engage the team for sophisticated and complex transactions. Peers acknowledge its “standalone, excellent labour practice”, which is led by Neerav Merchant and Raja Sujith Niruthambath. The firm and its managing partner Akil Hirani are well-regarded in the Mumbai market.   

The firm’s TMT group demonstrated a strong deal flow this year, working on various transaction types in the IT, AI, cloud computing, fintech, semiconductor, telecoms and e-commerce segments. It saw increased instructions from non-bank financial companies, worked on several greenfield construction projects, helped offshore clients explore setting up data centres in India, and was invited to join Insuralex 

Client feedback 

They are highly professional, disciplined and take a focused approach. The lawyers have good knowledge of the constructions industry, and employment and labour practices. – Construction 

Very sound on technical matters and having thorough insights. Timely delivery on service. – Corporate and M&A 

It has well-learned legal associates, who are always available for any kind of assistance. They provide legal guidance in a timely manner. – Labour and employment 

They're experts in their area and very responsive. I had a fantastic experience and have recommended the firm to colleagues and would in the future to anyone needing advice on Indian law matters. – Tax 

Rukshad Daver 

Excellent understanding on subject and is timely and effective in delivering services. 

Akil Hirani 

He effectively delivers his services with a deep understanding of the subject matter.” 

Neerav Merchant 

He is highly accessible and down to earth, and has good listening ability, good knowledge of the industry, and excellent communication skills. 

Raghavan Ravishankar 

He is an expert in tax and was very responsive. 

Raja Sujith 

I appreciate his analytical skills, research skills, logical thinking ability, and listening and enquiring skills. 

Tax

Work highlights 

Advising NapCloud, an IT and software provider, on the transfer pricing provisions and the prescribed methods under the income tax rules after it set up an Indian subsidiary company to provide back-office support to the parent company and its other group entities.  

Providing advice to Equisoft in a matter concerning the tax and regulatory issues around employee equity incentive plans. 

Key clients 

DLA Piper Hong Kong, GibtellGovecs Group, McGill USA, Travers Smith 

Labour and employment

Work highlights 

Advised International Game Technology Global Solutions Corporation on employment law in connection with the implications of the pandemic as well as corporate law issues in respect of change of directors.   

Engaged by Gallagher Service Center for employment law issues pertaining to hiring consultants, engaging interns, mass termination of employment and remote working policy.   

Acted for Tecnimont Private in assessing the implications under the building and construction workers law in India and compliances there under for payment of cess.   

Key clients 

FrontdoorGlobal Holding Company, H&R Block, Morneau Shepell, OANDA India Private 

Dispute resolution

Work highlights 

Representing Powerband Industries in multiple forums in disputes related to certain land use restrictions claimed by the governmental authorities on an industrial plot which was acquired by the shareholders of the company pursuant to certain transactional documents. 

Acting for Italian construction company, Cooperativa Muratori & Cementisti - CMC di Ravenna, on a joint venture dispute with partner Gammon India.  

Assisting Saudi Arabian petrochemical refiner, Rabigh Refining & Petrochemical Company in a breach of contract dispute with a UAE entity.  

Key clients 

JSC EnergonyNavin Engineer, The Solution House

Restructuring and insolvency

Work highlights 

Advising Arneg India Private regarding a demand notice issued under the Insolvency and Bankruptcy Code to Future Enterprises 

Representing Essence Group Holding, a US-based population health management group, on the winding up of its Indian group company, Lumeris India Private. 

Assisted US-based storage batteries manufacturer C&D Technologies on options for the closure of its Indian joint venture company 

Key clients 

Braitrim India 

Real estate

Work highlights 

Assisted International Game Technology Global Solutions Corporation in an office lease transaction. 

Acted for CompuCom Systems on the implications of Covid-19 on the lease rent payments. 

Advised ChargePoint, the largest online network operator of independently owned electronic vehicle charging stations operating in 14 countries, in connection with the modification and extension of the lease for the office space of its Indian subsidiary. 

Key clients 

Livevox Solutions, MMA Design, Valagro Biosciences