Khaitan & Co

India

IFLR1000 Reviews

Financial and corporate

Khaitan & Co is a full-service Indian law firm with a legacy dating back to 1911, operating from offices in Ahmedabad, Bengaluru, Chennai, Gurugram, Kolkata, New Delhi, Mumbai, Pune, and Singapore. Its practice spans key sectors, including banking, capital markets, corporate M&A, projects, and restructuring. 

The firm's banking team represents lenders in refinancing, aircraft financing, and acquisition finance. In capital markets, it advises on bond and debenture issues. The corporate M&A team handles transactions for a wide range of clients, while the projects group represents developers, government entities, and contractors. The restructuring practice advises sponsors, creditors, and resolution professionals on insolvency matters. 

 

Highlights  

In a landmark move for India's energy transition, the firm is advising JSW Energy on its acquisition of the 4.7 GW renewable energy platform O2 Power, a transaction poised to be the largest in the sector and in JSW's history. 

Concurrently, the firm advised Panasonic Holding Corporation and Panasonic Life Solutions India on the sale of its global automotive business to Apollo Global Management. This transaction is one of the largest private equity acquisitions in the automotive sector, marking a significant milestone in the industry's strategic realignment. 

 

Key clients  

True North Credit Opportunities Fund I, Standard Chartered Bank, Power Finance Corporation, IIFL Finance, Canara Bank, Tata Capital, Varun Beverages, Bajaj Housing Finance, Torrent Investments, B9 Beverages, Samvardhana Motherson International 

 

Testimonials   

“Professional and technically sound.” (Banking) 

“Always available.” (Capital markets: Equity) 

KCO provides strong fundamental and technical support on our transactions, it has a team which is fully committed to the project, and has a commercial outlook.” (Capital markets: Equity) 

“The team is very solid. We particularly work with Abhimanyu Bhattacharya, Aditya Cheriyan and Chirayu Chandani who are all very hands on and seasoned practitioners.” (Capital markets: Equity) 

“Quick understanding and clarity.” (Financial services regulatory) 

“Tomu Francis and his team are very knowledgeable, commercially thinking and responsive.” (Financial services regulatory) 

Experienced, responsive, and commercial solution-oriented advice from Sanchit. (M&A) 

Responsiveness and quality of advice. Advice is also practical. (M&A) 

“Their team is available round the clock for all advisory matters, good negotiation skill and best in legal drafting.” (M&A) 

Their understanding of different laws applicable to a transaction, handling issues arising during the due diligence and drafting to ensure that the risk is mitigated and risk factors are made known to the engaging entity. Also, prioritisation of risk and defining negotiable and non-negotiable points. (M&A) 

They are highly responsive, providing quick, proficient and efficient support where and when it is needed most. Their experience in the field of capital markets is evident from their ability to advise seamlessly and more importantly, strategically on complex issues. (M&A) 

“The team is always responsive, with easy-to-understand and practical advice.” (Private equity) 

“They are prompt, the partners who were working on the transaction were innovative and quick to think outside the box and very hands on.” (Private equity) 

“Well-staffed, timely delivery of deliverables. Great at collaborating internally without political issues that seem to sometimes hamper other firms. Legal advice provided is well thought-through and partners are able to apply a commercial lens as well.” (Private equity) 

Responsive.  Experts on the topic. Available. (Project development: Infrastructure) 

“Khaitan's team is very responsive and with their wide offerings all nuances of a matter are looked into as one stop shop. The team are domain experts and have the complete know how of the market as well as government ideologies.” (Project development: Telecommunications networks) 

Sanchit Agarwal 

Experienced, responsive, commercial, solution-oriented, thinks fast on his feet, a great communicator with strong intra-industry relationships. 

Abhimanyu Bhattacharya 

Very hands on and experienced, commercially pragmatic and solution oriented. 

Karun  Cariappa 

Provides sound advice promptly and always contactable.” 

Chirayu Chandani 

Strong in client relationships and strong technical knowledge.” 

Aditya Cherian 

Good understanding of the market, practical, knows the precedents and good at the law.” 

Abhishek Dadoo 

Knowledge and communication.” 

Tomu Francis  

“Risk management, handling regulatory matters, security litigation.” 

Smita Jha 

Very clear and detail oriented.” 

Kartick Maheshwari 

Very good pulse on market developments and trends as well as regulatory updates. He is great at applying commercial acumen when advising on legal issues, which is appreciated. 

Kartikeya Prakash 

“When we were struggling with the demat requirements, Kartikeya was critical in helping us work through those requirements.” 

Ganesh Prasad  

He is sharp, articulate and an overall subject matter expert.  I think having him on your side instils a lot of confidence during negotiations. 

Ashray Rao 

Best in negotiations, understands our requirements very well and delivers up to our expectations.” 

Sarthak Sarin 

Responsive. Kind. Smart. Nimble. 

Shouraya Sengupta 

Shourya is good in identifying the issues, presenting it to in-house counsels, provide a perspective both from legal and practical perspective, good drafting skills and able to share his insights while working with different clients. 

Manisha Shroff 

Good personality and approachable.” 

Vivek Sriram 

He is my point of contact within the firm and thinks and behaves like a lawyer from an international firm. He is extremely dedicated, personable and approachable, but above all, he is very experienced, knowledgeable and quick to come up with practical solutions. 

Harsh Walia 

Harsh is a great lawyer and has immense knowledge. Being such a senior person, he is very responsive and always accommodates our requests and matters.