Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas is India’s largest full-service law firm, with over 1000 lawyers, including 170 partners, and offices in Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Ahmedabad, Chennai, GIFT City and Singapore.

Our practices include corporate/commercial, banking and finance, capital markets, litigation and dispute resolution, projects, competition law, employment, financial services regulatory, investment funds, intellectual property, private clients, real estate, tax, investigations and TMT, amongst others.

Our clients comprise domestic and foreign commercial enterprises, technology companies, financial institutions, private equity funds, venture capital funds, start-ups and government and regulatory bodies.

We have been consistently recognised for our top-quality work by leading international as well as domestic publications.

Our recent work includes:

• Advising Reliance Industries in the proposed investment of US$3.7bn by Brookfield Group in the  Tower Infrastructure Trust  comprising of the tower infrastructure business of Reliance Jio.
• Advising Hindustan Unilever Limited in the US$4.5bn (approx..) amalgamation with GlaxoSmithkline Consumer Health care Limited which is the largest deal in the consumer goods space in India.
• Acting as the Indian Legal Counsel to The Procter & Gamble Company in relation to the US$4.2bn (approx.) acquisition of Consumer Health Business of Merck KGaA, Darmstadt, Germany.
• Advising REC Limited in  Power Finance Corporation Limited’s  acquisition of Government of India’s 52.63% stake in REC Limited
• Advising Reliance Industries Limited in relation to its acquisition of controlling stake of 51.03% in Hathway Cable and Datacom Limited for US$422m (approx.)
• Acting as Indian legal counsel to SoftBank and DiDi in multiple investment rounds (both primary and secondary) in Oravel Stays Private Limited (“Oyo”).
• Advising Bank of Baroda in the US$216bn (approx.) proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. This is the first amalgamation of listed nationalized banks with public shareholders and first three–way merger of nationalized banks.
• Advising Adani Transmission Limited in its acquisition of Reliance Infrastructure’s Mumbai Power Business, making it the country’s largest private sector integrated power utility.
• Advising Embassy REIT in setting up an IPO of India’s first REIT – Embassy Office Parks Real Estate Investment Trust.
• Representing the respondent banks and financial institutions in the matter of Swiss Ribbons v. Union of India before the Supreme Court of India which upheld the constitutional validity of the IBC in entirety, setting aside all challenges by several petitioners.
• CAM’s competition law team acted for and advised Flipkart in relation to securing an unconditional approval from the Competition Commission of India (“CCI”) in Walmart Inc.’s (“Walmart”) acquisition of approximately 77% shareholding in Flipkart for US$16bn (approx.).
• Project Sashakt is the unique solution adopted by Indian banks to resolve stressed assets in the Indian banking sector, which provides for a ‘five-pronged approach’. The Firm has worked closely with the Sunil Mehta Committee in conceptualising, drafting and finalising the industry-spanning ’Inter-creditor Agreement for Resolution of Stressed Assets’ that has already been signed by a number of banks and non-bank financial institutions. As part of this exercise, lawyers of the Firm along with the Committee members engaged with the leadership of banks and financial institutions to achieve consensus on the framework and reach a common ground.