IC Universal Legal

Managing Partners: Mr. Bheru Choudhary and Mr. Partha Mandal
Senior Partners: Mr. Tejesh Chitlangi, Ms. Kavitha Vijay, Mr. Hemant Shah
Number of Partners: 18
Number of Fee Earners: 125+
Languages: English, Hindi, Marathi, Gujarati, Bengali, Kannada, Malayalam, Telugu and Tamil

Firm Overview:
IC Universal Legal, Advocates and Solicitors is a full-service law firm focused on providing legal , regulatory advisory, strategic counsel and solutions to global clients. The firm has over 125 professionals with 7 offices spread over 6 cities in India. The firm has successfully handled transactions of significant ticket sizes and is India’s leading law firm in the financial services legal-regulatory space.

Main Areas of Practice:
Private Equity, Venture Capital & Investment Funds
8 Partners, 65 team members in India
■ The firm is well known for its expertise in assisting private equity, venture capital and other investment funds throughout their life-cycle, and enjoys the highest market share amongst Indian law firms in the investment funds and asset management space. The firm has assisted highest number of alternative investment fund (AIF) set-ups in India (25%+ market share) and represents the biggest of fund managers including the majority of the Top 10 Indian asset management companies.
Recent Work:
■ The firm advised Indo Japan Emerging Fund in raising of investment from Development Bank of Japan Inc., Mizuho Bank, Nippon Life and Toyota Tsusho.
■ The firm advised Fireside Ventures in raising capital from L’Oreal, Premji Invest, ITC.
Key Clients: Nippon, BNP Paribas, Sequoia Capital, Lightspeed, Aditya Birla SunLife, Mirae, Samara Capital, Avendus, Fireside
Contact: Mr. Tejesh Chitlangi
Tel: +91-22-6184 9910
Email: [email protected]

Corporate and M&A
5 Partners and 40 Fee Earners in India
Recent Work:
■ The firm advised Eastern Condiments and its shareholders in their majority stake sale to Oslo stock exchange-listed Orkla.
Key Clients: MG Motor, WIPRO, Aditya Birla Group, Uber, McDonalds, Times Group, Honda, Goldman Sachs, Fuji
Contact: Ms. Kavitha Vijay
Tel: +91-44-4218 7856
Email: [email protected]

Debt Capital Markets
2 Partners and 12 Fee Earners in India
Recent Work:
■ Represented IIFL in the public issue of NCDs by which IIFL issued NCDs to the tune of USD 145 million
■ Advised SBI Mutual Fund in its investment of INR 2.5 billion in NCDs issued by Manappuram Finance Limited
Key Clients: SBI MF, HDFC MF, Mirae, UTI Capital, IIFL, Ambit, Anicut
Contact: Mr. Indrajit Mishra
Tel: +91-22-6184 9900
Email: [email protected]

Dispute Resolution and Litigation
5 Partners and 25 Fee Earners in India
Recent Work:
■ Advised Unit Trust of India on various issues in respect of insolvency proceedings initiated by them
■ Representing SEPCO Electric in disputes against GMR Kamalanga and SBI
Key Clients: UTI, Exide Industries, ICICI Bank, Yes Bank, Oberoi Group of Companies, Alfa Laval, SBI Global Factors, Bennett & Coleman
Contact: Mr. Hemant Shah
Tel: +91-22-6140 3500
Email: [email protected]

Intellectual Property
3 Partners and 20 Fee Earners in India
Recent Work:
■ Advised Moog Inc., Infinera Inc., Libre Inc. on IP strategizing and filings.
Key Clients: Amnex Infotechnologies, Infostretch Corporation, Modern Food Products
Contact: Mr. Partha Mandal
Tel: +91-80-6761 6002
Email: [email protected]

Media and Entertainment
2 Partners and 15 Fee Earners in India
Recent Work:
■ Represented Mr. Akshay Kumar (prominent and leading Bollywood actor) in all his film contracts and ancillary work
Key Clients: Cape of Good Films, Akshay Kumar, Grazing Goat, Bennett & Coleman Company Limited, Dharma Productions
Contact: Mr. Bheru Choudhary
Tel: +91-22-6140 3500
Email: [email protected]

Real Estate
3 Partners and 20 Fee Earners in India
Recent Work:
■ Advised the Raj Kapoor family in the sale of the iconic RK Studios to Godrej Properties
Key Clients: Oberoi, Puranik, Paranjape, Transcon
Contact: Mr. Bheru Choudhary
Tel: +91-22-6140 3500
Email: [email protected]

Practice Areas:
■ Private Equity
■ Venture Capital
■ Investment Funds
■ M&A
■ Capital & Securities
■ Market Litigation
■ IPR
■ Real Estate
■ TMT