Shardul Amarchand Mangaldas & Co

India

Review

Dispute resolution

Shardul Amarchand Mangaldas & Co (SAM) is a leading firm and a dominant force in dispute resolution. It has unparalleled strengths in core corporate and commercial dispute practice areas and has a truly pan-India presence with offices in Ahmedabad, Bengaluru, Chennai, Gurugram, Kolkata, Mumbai and   Delhi. The disputes practice has over 120 lawyers, including market-leading senior litigators who cover diverse sectors and industries including financial services, banking, telecom, construction, energy, heavy industries, oil and gas, infrastructure, pharmaceuticals, food and beverage, media and information technology. In addition to these, it has robust arbitration and white-collar crime and investigation practices.

Managing partner Pallavi Shroff helms the dispute resolution group that has 20 partners.  Apart from Shroff, leading lawyers from the group include Ritu Bhalla, Manu Nair,  Ajit Warrier, Ajoy Roy, Anirudh Das, Smarika Singh and Binsy Susan.

In what has been infamously coined as India’s largest banking fraud, the team is acting for Punjab National Bank (PNB) against the two jewellers and their affiliate firms, companies and entities, for defrauding PNB of more than $3 billion. In addition to advising PNB on various regulatory issues connected to banking laws and regulations of the Reserve Bank of India, the SAM team is assisting on the overall dispute resolution strategy for recovering the losses incurred by PNB, and to safeguard the client’s interests in court proceedings presently ongoing in India and the US.

Demonstrating its proven track record in the competition practice, the firm is defending telecom operator Vodafone India and Vodafone Mobile Services in proceedings arising out of the information filed by Reliance Jio Infocomm before the Competition Commission of India (CCI). The team is also representing certain major OEM (original equipment manufacturer) suppliers before the Delhi High Court in a dispute which will determine the scope of confidentiality the CCI is permitted to maintain in investigations involving applications under the Lesser Penalty Regulations.

The firm is continuing to assist Vikram Bakshi and his investing company, Bakshi Holdings, in their shareholder dispute against McDonald’s India Private before the National Company Law Tribunal, which held in favour of the Bakshis. Disputes are also ongoing before an arbitral tribunal established under the rules of the London Court of International Arbitration. The Bakshis-McDonald’s disputes involve complex questions of overlapping jurisdiction, seat of arbitration and exercise of call option in the context of the Foreign Exchange Management Act Regulations. 

The firm hired four partners last year to shore up its disputes group: Nawneet Vibhaw from Khaitan & Co, Akhil Anand from L&L Partners, Arjun Perikal from J Sagar Associates and Lalan Gupta from Dhruve Liladhar & Co. Partner Nitesh Jain left for Trilegal.

Recent disputes clients include Axis Bank, FIS Payment Solutions & Services India, Hilton Worldwide Management, PayPal Payments, PVR, Tata Communications and Yes Bank.

Client feedback

“Great arguments, advice and overall ownership of the work.” – Commercial and transactions

“The firm has exceptional solicitors, the best in India. They are tops at providing strategic and legal advice, extensive document review, drafting pleadings and other aspects of written advocacy.” – Commercial and transactions

“They provided us with excellent services.” – Commercial and transactions

“The partner and the associates of the firm are very competent. They have done exceedingly well and brought excellent and favourable awards for us in a very short span of nine months, which is rare!” – Commercial and transactions

Ila Kapoor

“She takes ownership of her work, strategises carefully and has the will to win.”

Ajoy Roy

“He understands the subject, need and dynamics of issues.”

Binsy Susan

“She is the partner in charge of my arbitrations. She manages the entire team, strategises and provides super legal inputs. She is a superstar of her generation amongst arbitration lawyers in India!”

“Good leadership, experienced, excellent communication, and an international team player with other local top firms.”

“She is very thorough, smart, active, always accessible and responsive. She has excellent knowledge and command of the subject. For our case, she strategised and executed very well, leading to outstanding results.”