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Indian Law Firm Awards - India Business Law Journal

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Intelligence report<br />

40<br />

[HSA Advocates has]<br />

good commercial lawyers<br />

who are easy to work with<br />

Martijn Wilder<br />

Partner<br />

Baker & McKenzie<br />

using its dominant position”, and to pay a penalty of `555<br />

million.<br />

Economic <strong>Law</strong>s Practice won the opportunity to draft<br />

Afghanistan’s new competition law in an open tender conducted<br />

by Adam Smith International, a UK-based governance<br />

and economic consultancy. Last year, the firm was<br />

also engaged by Google for advice on <strong><strong>India</strong>n</strong> merger control<br />

requirements in preparation for its global acquisition of<br />

Motorola Mobility. “Economic <strong>Law</strong>s Practice has proven to<br />

be very good and I am very impressed with Samir Gandhi,<br />

their competition law partner,” says Deepak Jacob, executive<br />

vice-president and general counsel of legal and regulatory<br />

affairs at Star <strong>India</strong>.<br />

Luthra & Luthra won a case last May when the CCI<br />

imposed fines of `100,000 each on 27 film producers that<br />

were charged with colluding through a cartel to exploit<br />

cinema owners. The case related to a strike in 2009 by film<br />

producers who refused to screen their films in multiplexes<br />

due to a dispute with cinema owners over revenue-sharing<br />

arrangements. This was the first time the CCI imposed a<br />

penalty for the abuse of dominant position. Senior partner<br />

Bobby Chandhoke, partner GR Bhatia and senior associate<br />

Ravisekhar Nair advised FICCI-Multiplex Association of<br />

<strong>India</strong> in the case.<br />

Construction and real estate<br />

AZB & Partners, Federal & Rashmikant, Hariani & Co,<br />

Kanga & Co, Luthra & Luthra and Wadia Ghandy & Co all<br />

pick up a prize for construction and real estate.<br />

Kanga & Co helped the Ajay Piramal Group gain the<br />

development rights for a seven-acre plot in Byculla,<br />

Mumbai. The group acquired the land from Mafatlal<br />

Industries for `7.5 billion. Because the government was a<br />

lessor of the land, Kanga had to address claims made by<br />

the government in relation to the transfer. The firm also had<br />

to deal with interests created in favour of third parties and<br />

issues arising out of regulations relating to the redevelopment<br />

of mill lands.<br />

“We are a contented client of Mr ML Bhakta at Kanga &<br />

Co, who was recommended to us many years ago, and we<br />

appreciate the excellent help and advice he gives us with all<br />

legal matters in <strong>India</strong>,” says the associate director at a UK<br />

company. ”We have also had occasion to be involved with<br />

Hariani & Co, whom we also found excellent,” he says.<br />

<strong>India</strong> <strong>Business</strong> <strong>Law</strong> <strong>Journal</strong><br />

<strong><strong>India</strong>n</strong> <strong>Law</strong> <strong>Firm</strong> <strong>Awards</strong><br />

Hariani & Co, a 79-lawyer firm with offices in Mumbai,<br />

Pune and Goa, has been a consistent leader for real<br />

estate work. Last year, it negotiated several terms and<br />

conditions in a construction contract for a large development<br />

that its client planned to issue to a Korean<br />

construction company. It was also involved in real estate<br />

litigation and acquisitions. The firm’s clients include<br />

IL&FS, Oberoi Realty, Ackruti City, Dheeraj Realty and<br />

Parmar Builders.<br />

Wadia Ghandy & Co worked on the sale and transfer<br />

of a 100-acre plot belonging to Bayer CorpScience in<br />

Thane, which had been on the market for three or four<br />

years. The deal involved a complex title as well as negotiations<br />

with multiple bidders. Federal & Rashmikant was<br />

one of the advisers to the successful bidder, Agile Real<br />

Estate.<br />

Corporate and commercial<br />

The winners for corporate and commercial work<br />

are Amarchand Mangaldas, AZB & Partners, J Sagar<br />

Associates, Khaitan & Co, Luthra & Luthra and Trilegal.<br />

Saxena at BSES Rajdhani Power says of J Sagar<br />

Associates: “The diligence, eye for detail, anticipation<br />

of problems and issues is remarkable, which helps our<br />

company obviate and pre-empt adverse situations and<br />

possibilities.” Pramod Chaudhari, executive chairman<br />

at Praj Industries, a client of the firm for over 15 years,<br />

commends it for being “very thorough, professional,<br />

offering an integrated approach and understanding<br />

practical difficulties”.<br />

Amarchand is also well appreciated. “I work with two<br />

legal firms – Amarchand Mangaldas and Trilegal – and<br />

they are equally competent,” says Upinder Singh at<br />

Larsen & Toubro. Another client says Amarchand is<br />

“always helpful and prompt”.<br />

Nasser Kabir, vice-president of legal at <strong><strong>India</strong>n</strong> pharmaceutical<br />

company Strides Arcolab, says of Luthra &<br />

Luthra and AZB & Partners: “They give us the attention<br />

and focus we seek and are a bunch of talented people.”<br />

Sandeep Deshmukh, company secretary and head<br />

of legal at Sterlite Technologies, uses Khaitan & Co<br />

because it “provides all kinds of services”. Deshmukh<br />

adds that the firm is “professional, well structured” and<br />

offers “quality inputs and timely delivery”.<br />

[Raian Karanjawala has taught]<br />

me all the nuances of<br />

litigation strategy<br />

Nasser Kabir<br />

Vice President – Legal<br />

Strides Arcolab<br />

February 2012

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