Shardul Amarchand Mangaldas & Co has a commanding presence in the market with top-tier practices across all practice areas and industry sectors. It is routinely considered one of the best firms in a highly competitive market for transactions and a first port of call for selective international clients. This year it is boosted into the uppermost category for its pharmaceuticals and life sciences expertise. The firm offers the best of all worlds: large capacity, pan-India presence, depth of expertise and experience, and market-leading professionals. It regularly advises the largest multinationals, Indian conglomerates, and private equity players and funds. The capital markets team continues to represent issuers in many of the country’s largest IPOs and the M&A group remains unmatched for its high-stakes, high-value transactions. Pallavi Shroff is well known for her extensive experience in dispute resolution, and Shardul Shroff is renowned for his expertise as a general corporate lawyer. There were multiple notable movements in the course of the last 12 months.
Client feedback
“Excellent technical knowledge. Sound understanding of market practices and associated risks.” – Banking and finance
“Thorough research, excellent drafting of affidavits and responsive teams. They take ownership of the engagement task and a professional approach.” – Banking and finance
“They have practical positions on legal interpretation and always deliver in a timely fashion.” – Capital markets
“Timeliness, efficiency and expert in the field of competition law.” – Competition/antitrust
“The team understands business, and provides clear advice shorn of unnecessary legalese. They are always looking to solve problems for the business, and they have become trusted advisers over the course of our engagement with them.” – Competition/antitrust
“Excellent, well-rounded team which provides specific and pointed advice.” – Corporate and M&A
“High-quality legal advice, and knowledge of market and regulatory developments.” – Corporate and M&A
“Very responsive and provide clear advice.” – Dispute resolution
“Strong understanding of the market, subject matter and time management.” – Media and entertainment
“Great team that is always available, has high competence and is able to close points.” – Private equity
“SAM has one of the strongest restructuring and insolvency teams which is supplemented by a wide spectrum of expertise that is required to resolve complex restructuring situations. Their experience and network in the region spanning insolvency, corporate law, debt and equity capital markets, regulations and litigation was instrumental in the successful outcome in a number of situations.” – Restructuring and insolvency
Manika Brar
“She has a positive attitude, good communication skills and great domain knowledge.”
Sayantan Dutta
“He has a hands-on approach and takes tough stands when needed.”
Jay Gandhi
“Excellent PE knowledge and personalisation.”
Radhika Indapurkar
“Dedicated, hard-working, good communications, good drafting skills, and excellent domain knowledge.”
Ila Kapoor
“Good team leader. Very responsive and great communications.”
Abhishek Parekh
“Great, well-rounded lawyer. He handled the negotiations and documentation very well.”
Veena Sivaramakrishnan
“We valued her depth of technical knowledge, coupled with a sound understanding of market practice.”
“She’s a top lawyer in restructuring and insolvency in the region with innovative solutions to solve complex, multi-stakeholder restructuring situations. She has an extremely strong ability to solve difficult problems and provide timely recommendations that have proven to be correct on a number of occasions.”
Puja Sondhi
“Great leader who manages situations very well.”
Yaman Verma
“We were very impressed by the ownership taken by Yaman. He provides excellent advice to businesses in a manner that is easy to understand for people with non-legal backgrounds. He is our go-to adviser for new ventures, as he helps us identify and remove potential roadblocks. He has a deep technical understanding of competition law, as well as the commercials of the e-commerce space, which he combines to provide cutting-edge advice.”
Work highlights
Advised Carlyle on its acquisition of up to 10% of the total paid-up share capital of Yes Bank through a subscription to equity shares and warrants to be issued by the bank.
Work highlights
Represented Tech Mahindra before the Supreme Court of India on a challenge to an international arbitration award by London Court of International Arbitration in favour of Tech Mahindra and against Venture Global Engineering.
Work highlights
Assisted Samara Capital on the establishment of a continuation fund.
Work highlights
Acted for Edelweiss Asset Reconstruction Company as the majority secured and financial creditor of GTL Infrastructure. This case is crucial for settling the issue of recognition of a secured creditor’s rights over the assets of a borrower as superior to the rights created in favour of the holder of an award or decree under an arbitration or litigation respectively. It will delineate the limitation on the jurisdiction of an arbitral tribunal to affect the right of third-party secured creditors.
Advised the resolution professional of Videocon Industries and 12 other connected group companies in the insolvency proceedings of Videocon. This matter is one of first to set a benchmark for substantial consolidation of the insolvency process of group companies.
Work highlights
Advised PVR on its amalgamation with Inox Leisure, leading to the merger of the number one and number two multiplex operators in India, with both being listed Indian companies.
Work highlights
Acted for the bookrunning lead managers in the IPO of Life Insurance Corporation of India. This is the largest IPO in India so far.
Work highlights
Advised WhatsApp and Meta Platforms before the Competition Commission of India in allegations of abuse of dominance in relation to WhatsApp’s privacy policy and update to its terms of service raised by a complainant.
Work highlights
Advised Fractal Analytics in relation to the offshore financing availed of by its subsidiary in the US against the credit support provided by the Fractal Analytics group in India.
Carlyle Funds, DBS Bank India, JP Morgan Chase, Mindspace Business Parks.
