Corporate/M&A: The Elite
Asia-Pacific Guide 2025 : India
Band 1
Chambers Review
AZB & Partners is a widely admired law firm in India with an excellent market reputation, frequently active on the most high-profile transactions. The firm has notable strength advising leading buyers, sellers and investors acting in areas such as real estate, financial services, TMT and energy. The group handles a broad range of corporate issues including high-profile M&A, joint ventures and outbound investments. The department also has a proven track record in distressed M&A and a strong record of assisting with the formation and restructuring of companies, exchange control regulations, contract law and Takeover Code issues. AZB & Partners is especially present in New Delhi and Mumbai.
Work Highlights
- AZB & Partners advised Novartis and its group entities on all Indian law aspects of its global spin-off of their generics and biosimilars business, Sandoz.
Strengths
Provided by Chambers
"AZB & Partners takes a practical approach to deals, with a strong grip over the issues and extensive experience handling complex legal transactions."
"The team possesses an abundance of knowledge, takes a practical approach and demonstrates availability and an understanding of the client's requirements."
"AZB & Partners takes a practical approach to deals, with a strong grip over the issues and extensive experience handling complex legal transactions."
"The team possesses an abundance of knowledge, takes a practical approach and demonstrates availability and an understanding of the client's requirements."
Notable Practitioners
Ajay Bahl is a co-founder and managing partner of AZB & Partners, based in New Delhi. He has vast experience advising on complex M&A and is also able to provide assistance with tax structuring.
Zia Mody continues to stand out as one of India's pre-eminent lawyers. Based in Mumbai, she leads her team on high-end acquisitions, joint ventures, investments and delistings for multinational corporations and major Indian corporates.
"It is a privilege to interact with her on any assignment."
Anil Kasturi has a strong reputation in the New Delhi market and includes leading private equity firms and domestic corporates among his clients. He is well known for being an advisor to leading Indian conglomerates.
Ashwath Rau oversees a large body of work that covers M&A and investments from his Mumbai base. He is a well-known figure in the market, regularly acting on high-profile transactions in the technology, banking and cement sectors.
"Ashwath Rau is a very strong legal personality with the right attitude and problem-solving mindset. His legal acumen is very appreciated and accessibility is another plus."
"Ashwath is very able, has a great presence and good business sense. He gives us confidence."
Darshika Kothari has a robust reputation in the Mumbai corporate legal market. She routinely handles large-scale joint ventures, acquisitions and demergers involving listed companies.
"Darshika is super smart, experienced and responsive when delivering high-end advice."
Srinath Dasari is commended for his experience in M&A. Based in AZB's Bengaluru office, his clients include corporates and private equity houses.
Nandish Vyas is an experienced corporate lawyer in Mumbai with considerable experience in corporate acquisitions and private equity investments.
Nilanjana Singh has experience in both the corporate and private equity sectors and is well-versed in handling big-ticket M&A involving multinational companies. She is based in AZB's Mumbai office and is well-regarded in the market.
Roxanne Anderson in Mumbai is recognised for her work in the M&A field, including large-scale mergers in the banking sector.