Established 2015
Tel: +91 22 4368 6700
Fax: +91 22 4368 6799
Website: www.veritaslegal.in
Number of partners: 7
Number of lawyers: 50
Languages: English, Hindi
Practice Areas: Mergers & Acquisitions, Private Equity, Litigation, Real Estate, Retail & Franchise, Competition Law, Banking & Finance, Private Client Practice, Restructuring & Insolvency, Data Protection and Privacy, White Collar Crime, Regulatory and Compliance
Veritas Legal is a boutique law firm established in February 2015 with a team of experienced professionals.The firm has been involved in over 100 noteworthy M&A and private equity deals, and more than 500 litigation filings in various judicial forums across the country.
India
Veritas Legal
Founded in 2015, Veritas Legal’s bread and butter are its corporate and M&A, and private equity practices, with its dispute resolution offering rapidly rising in prominence. For its size, the firm punches above its weight, amassing an impressed 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 partner Rahul Dwarkadas specialises in dispute resolution.
Corporate and M&A
Work highlights
Acted for Hotel Leelaventure, now known as HLV, and its promoters in connection with the sale of various hotels to BSREP III India Ballet, part of Brookfield Asset Management’s private real estate fund.
Advised TPG Growth Fund and CTSI India in relation to the acquisition of Cancer Treatment Services International by Varian Medical Systems. The deal marked one of the most significant exits by a healthcare platform owned by a private equity fund.
Represented Siemens in relation to its sale of a manufacturing unit and its land, located in Gujarat, to LM Wind Power Blades India.
Key clients
International Paper Company, SPi Global Content Holding, Partners Group, Ugam Solutions
Dispute resolution
Work highlights
Successfully defended Hotel Leela Venture in a challenge by ITC, a domestic hotelier and minority shareholder in the client, to the sale of some of the client’s undertakings to Brookfield Asset Management to wipe off $1 billion in debt. ITC argued that the sale was contrary to the interests of the minority shareholders.
Represented ICICI Bank in a writ petition filed against it by its former CEO and managing director, who challenged the decision of the client’s board of directors to treat her early retirement as a termination for cause to claw back the bonuses paid to her from a certain date onwards.
Key clients
GVK Airport Holdings, Remondis Aqua
Pharmaceuticals and life sciences
Work highlights
Advised Nephrocare Health Services in the acquisition of DaVita Care India from DaVita Care.
Acted for Hospira Healthcare India on the transfer of its business to ICU Medical India, which was part of the global deal where Pfizer transferred, at a global level, its IV pumps, solutions, and devices business to ICU Medical.
Key clients
Cipla, Claris Lifesciences, Glenmark Pharmaceuticals, Pfizer, Recipharm
Private equity
Work highlights
Acted for and Asia Healthcare Holdings, a healthcare operating platform founded by TPG Growth, in the acquisition of a substantial majority stake in Nova Medical Centre.
Advised Partners Group on the sale of its stake in Eurokids International and Euroschool to KKR.
Key clients
Cravatex, Goldman Sachs Asia Strategic, Kedaara Capital Fund II, Z3Partners
Technology and telecommunications
Work highlights
Represented Loop Mobile on the sale of its Mumbai business to Airtel.
Acted for Ericsson for certain long-term supply contracts with telecom operators and other commercial agreements.
Key clients
Augere, Hutchison, Microqual Techno, Tata Teleservices
India
Pharmaceuticals and life sciences
Recommended |
---|
Anand and Anand |
AZB & Partners |
Cyril Amarchand Mangaldas |
Nishith Desai Associates |
Remfry & Sagar |
RK Dewan & Co |
Shardul Amarchand Mangaldas & Co |
Singh & Singh |
Other notable |
---|
Khaitan & Co |
Khaitan & Khaitan |
Obhan & Associates |
Veritas Legal |
Real estate
Outstanding |
---|
AZB & Partners |
Cyril Amarchand Mangaldas |
Kanga & Co |
Khaitan & Co |
Highly recommended |
---|
Federal & Company |
J Sagar Associates |
L&L Partners |
Shardul Amarchand Mangaldas & Co |
Recommended |
---|
ALMT Legal |
DSK Legal |
Hariani & Co |
IndusLaw |
Majmudar & Partners |
Phoenix Legal |
Trilegal |
Wadia Ghandy & Co |
Recognised |
---|
Economic Laws Practice |
Fox Mandal |
Kochhar & Co |
MDP & Partners |
Mulla & Mulla & Craigie Blunt & Caroe |
Poovayya & Co |
Other notable |
---|
Advaita Legal |
Anup S Shah Law Firm |
Atlas Law Partners |
Dhaval Vussonji & Associates |
Juris Corp |
Link Legal India Law Services |
Singhania & Partners |
UKCA and Partners |
Veritas Legal |
Technology and telecommunications
Outstanding |
---|
Cyril Amarchand Mangaldas |
J Sagar Associates |
Kochhar & Co |
Nishith Desai Associates |
Shardul Amarchand Mangaldas & Co |
Trilegal |
Highly recommended |
---|
AZB & Partners |
DSK Legal |
IndusLaw |
Recommended |
---|
Advaita Legal |
Khaitan & Co |
L&L Partners |
S&R Associates |
Spice Route Legal |
Recognised |
---|
ALMT Legal |
Dhir & Dhir Associates |
HSA Advocates |
Majmudar & Partners |
Phoenix Legal |
Samvad Partners |
Other notable |
---|
Algo Legal |
BTG Legal |
Economic Laws Practice |
Juris Corp |
Link Legal India Law Services |
Poovayya & Co |
Rajaram Legal |
Veritas Legal |
Corporate and M&A
Outstanding |
---|
AZB & Partners |
Cyril Amarchand Mangaldas |
Khaitan & Co |
Shardul Amarchand Mangaldas & Co |
Trilegal |
Highly recommended |
---|
DSK Legal |
IndusLaw |
J Sagar Associates |
L&L Partners |
S&R Associates |
TT&A |
Dispute resolution
Outstanding |
---|
Agarwal Law Associates |
AZB & Partners |
Cyril Amarchand Mangaldas |
Karanjawala & Co |
Khaitan & Co |
Shardul Amarchand Mangaldas & Co |
Highly Recommended |
---|
DSK Legal |
Economic Laws Practice |
IndusLaw |
J Sagar Associates |
L&L Partners |
Nishith Desai Associates |
Trilegal |
Wadia Ghandy & Co |
Recommended |
---|
Bharucha & Partners |
Dhir & Dhir Associates |
Dua Associates |
Federal & Company |
Juris Corp |
Majmudar & Partners |
Phoenix Legal |
Rashmikant and Partners |
S&R Associates |
Singhania & Partners |
Private equity
Outstanding |
---|
AZB & Partners |
Cyril Amarchand Mangaldas |
Khaitan & Co |
Nishith Desai Associates |
Shardul Amarchand Mangaldas & Co |
Highly recommended |
---|
IndusLaw |
J Sagar Associates |
L&L Partners |
Platinum Partners |
S&R Associates |
Trilegal |
Recommended |
---|
ALMT Legal |
Dhir & Dhir Associates |
Economic Laws Practice |
Jerome Merchant + Partners |
Juris Corp |
Majmudar & Partners |
Phoenix Legal |
Rajani Associates |
Samvad Partners |
Wadia Ghandy & Co |
Recognised |
---|
Bharucha & Partners |
IC Universal Legal |
P&A Law Offices |
Pioneer Legal |
Rajaram Legal |
Veritas Legal |
Other notable |
---|
Algo Legal |
Amicus |
Atlas Law Partners |
DSK Legal |
Link Legal India Law Services |
PDS Legal |
Spice Route Legal |
Vertices Partners |
Lawyer | Ranking | Practice Area |
---|---|---|
Dwarkadas, Rahul | Notable practitioner | Dispute resolution |
Joshi, Abhijit | Distinguished practitioner | Corporate and M&A, Private equity |
Vyas, Nandish | Notable practitioner | Corporate and M&A, Private equity |
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