South Asia - India

Shardul Amarchand Mangaldas & Co

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Shardul Amarchand Mangaldas & Co, headed by the experienced Shardul Shroff, has acted for lenders, borrowers, stressed asset funds as well as foreign and domestic banks, among other financial institutions. The firm provides a full range of services from recovery litigation, asset reconstruction and debt recovery to negotiating of secured and unsecured financing transactions. Partner Anoop Rawat is at the forefront of many of the firm’s most significant cases; he has experience representing various stakeholders, including resolution applicants and foreign investors. Other prominent members of the team include Misha, Vaijayant Paliwal and Saurav Panda.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Excellent teams, fully committed and available.'
  • 'Misha - the partner leading his practice is a subject matter expert.'
  • 'In depth knowledge and understanding of the Insolvency Laws in India. Their ability to draw upon experience gained in several landmark judgements as well as clear collaboration between the corporate legal team and the litigation team is also of great help.'

Key clients

  • Deloitte India Insolvency Professional LLP
  • Deloitte Touche Tohmatsu India LLP
  • PricewaterhouseCoopers India
  • E&Y Restructuring LLP
  • State Bank of India, IDBI Bank
  • ICICI Bank Limited, HDFC Bank Limited
  • Axis Bank Limited, Bank of Baroda
  • Yes Bank Limited
  • IndusInd Bank Limited.
  • Power Finance Corporation
  • Rural Electrification Corporation
  • NTPC Limited, Oil and Natural Gas Corporation
  • SJVN Limited
  • Indian Oil Corporation
  • Asian Development Bank
  • Standard Bank PLC, Citibank N.A.
  • Bank of Nova Scotia
  • Barclays Bank PLC

Lawyers

Leading individuals

Shardul Shroff

Hall of fameShardul Amarchand Mangaldas & Co

Mr. Shardul S. Shroff is the Executive Chairman at the Firm. He has over 40 years of experience in General Corporate, Mergers & Acquisitions, Insolvency and Bankruptcy, Securities Law, Disinvestment & Capital Markets. Mr. Shroff heads the Insolvency & Bankruptcy practice at the Firm. He is a leading authority on matters related to Corporate Governance, Mergers & Acquisitions, Government Regulation and Bankruptcy & Insolvency Law. He has been instrumental in developing these practice domains in the Firm. Widely regarded as a pioneer in the field of Corporate Law, Mr. Shroff has participated in the training and drafting of several important economic legislations and company law reforms in India.  Most recently, he has been a member of the Insolvency Law Committee, constituted by the Government to review the implementation of the Insolvency and Bankruptcy Code under the Chairmanship of Mr. Injeti Srinivas. Mr. Shroff was also a member of the Injeti Srinivas Committee constituted for decriminalization of offences under the Companies Act and the Injeti Srinivas Committee for cross-border insolvency. Under Mr. Shroff’s leadership, the Firm has been recognised as ‘Best in Insolvency’ at the Asialaw’s Asia Pacific Dispute Resolution Awards 2018. Mr. Shroff has been on a number of other high-powered committees appointed by the Government of India including the JJ Irani Committee for amending the Companies Act, the Expert Committee on maintenance of Cost Records and Cost Audit in 2014, the Eradi Committee involved in the insolvency provisions of the Companies Act, 1956, the second Naresh Chandra Committee appointed to look into aspects of SMEs and simplification of Company Law and the Valuation Committee under Mr. Shroff’s Chairmanship.  As a preeminent expert of his field, Mr. Shroff has been appointed as an independent director on significant boards of Indian companies. He is a member of the US-India Business Council, Vice Chair of the Corporate Counsel Committee of the IPBA Council, the Union Internationale Des Advocats, and the Indo-German Chamber of Commerce. Mr. Shroff has been re-elected as the Chairman of the CII National Committee on Legal Services and Arbitration. He is also a Member of the CII National Council on Services and the CII Task Force on the Ease of Doing Business, 2017-2018. With regard to FICCI, Mr. Shroff is the Chairman of the Committee on Stressed Assets and a member of the Capital Markets Committee. Mr. Shroff has also been appointed as the Senior Vice President on the Society of Indian Law Firms (SILF). Shardul has been consistently rated as a leading lawyer by several international fora and publications, including the Who’s Who Legal, AsiaLaw, Chambers and Partners, Legal 500 and Euromoney etc.  International Financial Law Review (IFLR) 1000, 2022 – The Guide to the World’s Leading Financial Law Firms notes Shardul as a market leader in the areas of Mergers and Acquisitions, Restructuring and Insolvency, Energy and Infrastructure, Project Development, Banking, Project Finance, Capital Markets: Debt,  while Chambers and Partners, 2022 views Shardul as an Eminent Practitioners in B&F & Restructuring/Insolvency  and & Star Individual in Corporate & M&A space who is known for his long-standing experience handling joint ventures, takeovers, divestments and commercial contracts. Among other numerous recognitions, Shardul is also a recipient of the National Law Day Award from the President of India for his unique contribution to the field of corporate law and leadership in its practice, and for being instrumental in advancement of India’s corporate law practice at international standards. He has been recognised as one of “The Game Changers of India, 2018” by The Economic Times.   .

Practice head

The lawyer(s) leading their teams.

Shardul Shroff