Competition/Antitrust
Global Guide 2024 : India
Band 3
Email address
[email protected]Contact number
+91 11 4260 3045About
Provided by Touchstone Partners
Touchstone Partners
The firm has been involved in advising large global and Indian corporations on all aspects of competition law including merger control, cartel investigations and leniencies, anti-competitive agreements, abuse of dominance, general competition advisory and compliance and audit work. We regularly appear before the Competition Commission of India, the Director General and various judicial forums including the appellate tribunal and the Supreme Court.
Work Highlights
- Canada Pension Plan Investment Board (CPPIB), in advising on the Indian merger control aspects in respect of the acquisition of the shares of, and control over, Virtusa Corporation by, inter alia, CPPIB.
- Constantia Flexibles in connection with its proposed joint venture with Premji Invest and SB Packagings.
- HDFC Limited and HDFC Bank, advising and obtaining merger control approval in relation to the proposed amalgamation of HDFC Limited into and with HDFC Bank.
- Reliance Industries Limited, in advising and obtaining merger control approval for the acquisition by its indirect wholly owned subsidiary of the polyester business undertakings of two entities of the Shubhalakshmi group.
- Acted for a leading global auto-parts company in relation to an ongoing cartel investigation.
- Advised a leniency applicant (individual) in relation to a cartel investigation in the beer sector.
Chambers Review
Touchstone Partners' team in Delhi is noted for its expertise in merger control matters in India, as well as antitrust enforcement work. Its team regularly acts for blue-chip multinationals across multiple sectors, including household names such as Reliance Industries and HDFC Capital Advisors, on their Indian competition law requirements, notably including the evaluation of regulatory risk. The team also advises on client interactions with the CCI and other regulatory bodies. The team is well practised in advising on cartel and abuse of dominance investigations.
Work Highlights
- Touchstone Partners advised Global Environment Fund on the merger control aspects of its proposed acquisition of a minority stake in Hero Motors.
Strengths
Provided by Chambers
"Touchstone Partners identify risks and mitigate them."
"They are very quick and have good quality."
"Touchstone Partners identify risks and mitigate them."
"They are very quick and have good quality."
Notable Practitioners
Vinod Dhall in Delhi is highly respected by market sources and clients alike for his comprehensive knowledge, often acting as a senior adviser on complex cartel investigations.
"He comes with years of experience and a sound knowledge on antitrust issues."
Gaurav Desai in New Delhi is noted for his expertise in M&A and merger control-related matters. He also has experience advising large multinationals on compliance and antitrust litigation.
"He is a very practical lawyer who appreciates the commercial side of things."
Ranked Lawyers at
Touchstone Partners
India
Members
Provided by Touchstone Partners
Clients
Provided by Touchstone Partners
A leading sovereign wealth fund
Caisse de dépôt et placement du Québec (Canada)
Canada Pension Plan Investment Board (Canada)
HDFC Limited (India)
Reliance Industries Limited (India)
Siemens AG (Germany)
The 3M Company (USA)
Industries
Provided by Touchstone Partners
Education
Financial Services
Food & Drink Producers
Pharmaceuticals & Life Sciences
Private Clients / Individuals
Real Estate Finance
Software & Computer Services
Technology, Hardware & Electronics