P&A Law Offices

India

Analysis

Overview

P&A Law Offices is a legacy corporate, commercial, financial and litigation law firm with an admirable list of ‘market firsts’. Founded in 1996, the firm has a stellar reputation among top Indian conglomerates, Fortune 500 companies, household-name multinationals, and government and multilateral organisations. The team is helmed by eight partners  who advise on all types of transactions and disputes across the entire spectrum of industry sectors. Untethered to a particular niche, the lawyers are focused on assisting its renowned clients on all types of high-level, complex, and high stakes matters. Its competition practice is well-regarded in the market with the firm’s practitioners helping draft the current competition rules. An interesting statistic pegs its deals as having a combined value of over $75 billion. Managing partner Anand Pathak has been the chairman of the task force on competition law of the Federation of Indian Chambers of Commerce and Industry, was a member of India’s government-appointed committee on national competition policy and investment, and he is currently the vice chair of the IPBA on Indian competition law. Other key partners include antitrust experts Shashank Gautam and Sreemoyee Debdispute resolution experts Amit Mishra and Akshat Hansariaand corporate partners Kumarjit Ray and Nabik Syam.

Dispute resolution

Work highlights 

Represented Daiichi Sankyo Company in an ICC arbitration matter where the senior advocate briefed by the firm was the first time an Indian lawyer was given the right of audience before Singapore’s high court and its Court of Appeal. The arbitral tribunal successfully proved the allegations of fraud by Ranbaxy promoters. This award was upheld by the Supreme Court of India, as well as Singapore’s high court 

Acted for Amazon against Future Group and its promoters in a Singapore International Arbitration Centre arbitration matter, seeking a stay on the $3 billion Future-Reliance deal. The firm is also representing Amazon in proceedings arising out of the award of the Emergency Arbitrator, SIAC, before the Supreme Court, High Court of Delhi, and the NCLT in Mumbai. 

Represented the Republic of India in an investment dispute initiated under the Comprehensive Economic Partnership Agreement between India and Japan. 

Key clients 

Axis Bank, Bhushan Steel, Diageo, General Motors, Hindustan Petroleaum, Ikea, KKR India, Tata Motors, Sanofi, Transunion 

Corporate and M&A

Work highlights 

Represented Tata Steel BSL on its merger with its parent company, Tata Steel, in  the country’s largest recent restructuring.  

Acted for Vara Infotech in structuring and closing its transaction with Wipro in relation to the latter’s seven-year deal from ICICI Bank to provide a suite of digital servicesAs a part of this strategic engagement, Wipro was to absorb approximately 3,800 employees of Vara lnfotech along with its existing contracts, facilities and assets, through a business transfer agreement for an all-cash consideration 

Advised the Ferro Corporation on the sale of its tile coatings business to Pigments Spain, a company owned by the portfolio fund of Lone Star Funds. 

Acted for Haldia Water Services, a joint venture consortium between Shristi Infrastructure Development CorporationSwach Environment and Ion Exchange India. The joint venture agreement was for the repair, upgrading, operation and maintenance, and management of the existing water supply projects. 

Key clients 

Amazon.com, Fujisoft-Vara, MTWO, RIB Software, SREI Infrastructure Finance 

Competition/antitrust

Work highlights 

Represented Tata Steel in a suo motu investigation initiated by the CCI against four automotive and industrial bearings manufacturers. 

Acting for Amazon Seller Services Private in a writ petition filed before the Karnataka High Court challenging the prima facie order passed by the CCI directing an investigation against Amazon and Flipkart in relation to the online sales of smartphones.  

Representing MakeMyTrip India in an ongoing investigation directed by the CCI in relation to information filed by the Federation of Hotels and Restaurants Association of India, Fab Hotels and Treebo Hotels. 

Key clients 

Competition Commission of India, Ericsson, General Motors India, Metropolitan Stock Exchange of India, Sony Pictures Network