Veritas Legal

India

Analysis

Overview

Founded in 2015, Veritas Legal’s bread-and-butter are its corporate and M&A and private equity practices, with its dispute resolution offering also rapidly rising in prominence. This year, it debuts in the banking and finance, and construction rankings. For its size, the firm punches above its weight, amassing an impressive deal flow and volume last year. It consistently placed in respected M&A and PE league tables within the top 10 of all Indian law firms. Sector-wise, it is deepening its footprint in pharmaceuticals and life sciences, real estate, and technology and telecommunications. Founder and managing partner Abhijit Joshi is a highly respected M&A and private equity lawyer, and partners Rahul Dwarkadas and Neveille Mukerji specialise in dispute resolution. Other key partners include Kunal Doshi and Tushar Raut. Recently, the firm welcomed banking and finance partner Jhinook Roy and corporate specialist Shubhangi Pathak from Khaitan & Co and Tuli & Co, respectively.  

Private equity

Work highlights 

Advised Kedaara Capital on its investment in ASG Eye Hospital.  

Represented Amagi Media Labs on receiving investment by various investors totalling $95 million.  

Dispute resolution

Work highlights 

Acted for Anupam Mittal, a founder of People Interactive, which runs one of the largest matrimony portals in India, in respect of a shareholders dispute, including a cross-border litigation in the Singapore High Court. The judgment passed in the proceedings in Singapore decides the point of law as to whether the law of the seat of arbitration or proper law of the arbitration agreement should be applied to determine the arbitrability of disputes. 

Corporate and M&A

Work highlights 

Advised FedEx on its investment in and commercial agreement with Delhivery 

Assisted Aegis Logistics on its joint venture with Koninklijke Vopak.  

Real estate

Work highlights 

Advised India Forge & Drop Stampings in the acquisition of parcels of land in Chennai. 

Acted for K Raheja Corporation on its acquisition of land in Mumbai.