Trilegal climbs up in several rankings this year, most notably into the ‘Outstanding’ band for private equity. It is quickly becoming a preferred choice for heavyweight clients, an alternative to the famous family firms that inhabit the top echelon of legal services providers. Its TMT practice continues to gain traction as a market leader, and its private equity and investment funds offering is growing from strength to strength. The firm’s two-year-old asset management and fund formation practice has borne fruit under the leadership of partners Ganesh Rao and Aditya Jha, who joined from CAM and AZB in 2018.  

The banking group hired partners Shruti Rajan and Garmia Joshi from Cyril Amarchand Mangaldas to boost its financial regulatory practiceand recruited banking counsel Okram Prithvibanta Singha also from CAM. Capital markets specialist Richa Choudhary and antitrust counsel Rahul Satyan joined from AZB & Partners. The corporate and M&A team continued to expand, hiring six new counsels from L&L Partners, Shardul Amarchand Mangaldas, AZB& Partners and from in-house roles at PharmEasy and InterGlobe Enterprises. Dispute resolution specialist Nitesh Jain joined from SAM, while the firm bid adieu to disputes partner Sitesh Mukherjee, who left to establish his own independent counsel practice.  

Client feedback 

Great knowledge within the field of corporate and M&A legislation. Focused on getting the deal through. Highly responsive and accountable for the work done. – Corporate and M&A 

The law firm is very professional in their approachThey keep the clients interest foremost and they have a good team of Senior Counsels who argue very well on behalf of the client. They are very prompt in keeping us posted about the proceedings in the hearings. – Dispute resolution 

Good ear to the ground, they understand the industry and market practice. – Labour and employment 

The firm has a very strong Head of Tax practice in the form of Himanshu. Advice coming from him is complete and well founded in all respects.  Additionally, the firm's employment practice is top class and perhaps the best in the country. – Tax 

The firm is always approachable and responsive. The firm always manages to stick within the committed deadlines. Their advice is not just mere interpretation of law, but also practical to implement. – Technology and telecommunications 

Clarence Anthony 

Clarence is very professional, supportive and diligent. 

Atul Gupta 

Atul is a very sharp lawyer and provides an incisive analysis to the issues at hand. While employment is his specialisation, his prowess in other areas of law gives client the comfort of reviving a wholesome advice. 

Nikhil Narendran 

Nikhil is extremely accommodating to our ever-changing demands, and the vast knowledge and experience he brings to the table is any client's delight. He is always approachable for even the silliest of queries. The fact that he has simplest of solutions to the complex legal issues makes him a force to reckon with. 

Great overview of tech laws and how they can impact clients. 

Shankh Sengupta 

Mr Shank is a thorough professional. He quickly understands the problem the client is facing and comes up with the appropriate solutions. He is very transparent in his dealings and his communication is very good. He is very helpful to the client, is highly knowledgeable and very practical in his approach to dealing with the cases. 

Himanshu Sinha 

Himanshu is an excellent lawyer with rich experience in tax administration which enables him to provide sound, practical and thorough legal advice. 


She has a great sense of market and industry practiceand can provide an overview of trends and not just a view on the law.” 

Labour and employment

Work highlights 

Acted for Pioneering Ventures by assessing the business model of the client and analysing the labour laws that will be applicable at each stage of the process 

Advises PayPal on an ongoing basis on various employment law matters. 

Assisting Northern Trust with reviewing their current compensation structure, employment benefits, practices on various statutory payments and contributions, employee communications on benefits and payments, contracts and policies, and in carrying out a detailed wage assessment. 

Key clients 

Intel, JLL India, Twitter 

Investment funds

Work highlights 

Acted for Edelweiss Alternative Asset Advisors on the establishment of a separately managed LLP fund account in Singapore in partnership with the Ontario Teachers’ Pension Plan Board 

Assisted NIIF Fund of Funds-I on its investment in Somerset Indus Healthcare India Fund.  

Represented Iroha Investment Management on setting up an open-ended category III alternative investment fund.   

Key clients 

Carpediem Capital, IFC, Morgan Stanley, New Development Bank, Softbank Group 

Restructuring and insolvency

Work highlights 

Advised Piramal Capital & Housing Finance in connection with its resolution plan for Dewan Housing Finance (DHFL)DHFL is the first financial service provider in India to be admitted for the corporate insolvency resolution process under the IBC 

Acted for ICICI Bank on drafting and filing the insolvency application against domestic shipping giant, Mercator.  

Defending Mack Star Marketing against insolvency proceedings filed against the client by Suraksha Asset Reconstruction. The matter is important because the underlying loans that were purportedly granted by Yes Bank to Mack Star were a result of massive fraud perpetrated on Mack Star by Wadhawans of HDIL group in collusion with Yes Bank. The client has raised critical questions of fraudulent initiation of the corporate insolvency resolution process.  

Key clients 

KKR, Noble Resources International, Sevenhills Healthcare, Uttam Galva Steel 

Corporate and M&A

Work highlights 

Advising seller Future Group on the $3.4 billion sale of its retail and wholesale business and the logistics and warehousing business to Reliance Group.  

Acted for Piramal Glass on the $1 billion sale of its glass manufacturing and packaging business to Pristine Glass, a Blackstone entity.   

Represented Atos on its acquisition of Palladion Technologies for $200 million.  

Key clients 

Flipkart, Medlife International, MTR Foods, Saudi Aramco, Sinch  

Capital markets

Work highlights 

Acted for lead managers, Kotak Mahindra Capital Company, Axis Capital, BoA Securities India and Jeffries India in a qualified institutional placement of Godrej Properties 

Represented the lead managers in the QIP of equity shares by Bank of Baroda.  

Advised Mold-Tek Packaging on its rights issue of partly paid-up equity shares and warrants to eligible equity shareholders of the issuer. This is the first composite rights issue of equity shares and warrants by a listed Indian company. 

Key clients 

Citigroup Global Markets, Edelweiss Financial Services, HCL Technologies, IFC, Nomura Financial Advisory, Pfaudler 


Work highlights 

Advising Peugeot on the Indian competition law and merger control aspects for its $50 billion merger with Fiat. 

Represented International Flavors & Fragrance for its merger filing and competition assessment in its $45 billion acquisition of the nutrition and biosciences business of DuPont de Nemours using a complex reverse morris trust structure. 

Acted for WABCO on the Indian competition law aspects, including merger control filing, in relation to its $7 billion acquisition by ZG Friedrichshafen.   

Key clients 

Future Group, Grasim, Intel, MedlifeOla, Piramal Group, Qualcomm 

Banking and finance

Work highlights 

Acted for lendger ICICI Bank in providing a rupee term loan facility to a port construction and development company.  

Assisted ING Capital in relation to an external commercial borrowing availed by SREI Equipment Finance from the client. 

Represented the State Bank of India in providing rupee term financing to a telecommunications infrastructure provider entity held by an Infrastructure Investment Trust 

Key clients 

Deutsche Bank, HDFC Bank, JPMorgan Chase Bank, L&T Infrastructure Finance Company, United States International Development Finance Corporation 

Technology and telecommunications

Work highlights 

Advised Intel on its investment of $240 million into Jio Platforms.  

Represented Stillfront Group on its acquisition of 100% shares in Indian gaming company, Moonfrog for $90 million 

Acted for IBM on the Indian elements related to its acquisition of Spanugo Systems, a US-based cybersecurity management solutions company 

Assisted Amazong on reviewing and negotiating the commercial agreements with Indian electronics brand Onida for the launch of Onida FireTV edition smart TV.  

Key clients 

Accenture, Adobe Systems, Emtex Engineering, Mavenir Systems, Singapore Technologies Telemedia