L&L Partners

(The following information was supplied by the firm)

Firm Overview

Since its inception in 1990 which coincides with India’s economic liberalization, L&L Partners, formerly Luthra & Luthra, has assisted numerous multinational corporations to set up their presence in India, and navigate the complex Indian legal system.

Our team is known for seamlessly executing high value complex transactions. We have advised on a significant number of innovative and complex, cross-border & domestic deals, some being the first of their kind in the business ecosystem in India.

Managing Partner:                               Rajiv K Luthra
Number of Partners:                           78
Additional lawyers and staff:          370

Main Areas of Practice:

Corporate/M&A:
ContactSamir Dudhoria, Shinoj Koshy

Private Equity:
Contacts: Samir Dudhoria, Shinoj Koshy

Banking & Finance:
Contacts: Aniket Sengupta, Karan Mitroo

Capital Market:
Contacts: Geeta Dhania

Competition & Antitrust:
ContactsG.R. Bhatia, Abdullah Hussain

Dispute Resolution:
Contacts: H. S. ‘Bobby’ Chandhoke, Sudhir Sharma, Vijay Sondhi

Projects, Infrastructure & Energy:
ContactsAvirup Nag, Pallavi Bedi

Tax:
ContactsVikas Srivastava

Intellectual Property Rights:
ContactsSubhash Bhutoria

White Collar Crime:
ContactsVijay K Sondhi

Anti-Corruption & Compliance:
ContactsWilliam V John

Real Estate:
ContactsVaibhav Suri

Employment:
Contacts: William V John, Suyash Srivastava

TMT:
ContactAsim Abbas

Restructuring:
Contact: Piyush Mishra


Other Practice Areas:

Aviation

Construction

Corporate Governance

Environment

Health & Pharmaceuticals

Insolvency & Restructuring

Insurance & Re-Insurance

International Trade (WTO) Laws and Policy & Advisory

Investment Funds

Mining

Public Procurement

Retail & Franchising

Regulatory

TMT (Technology, Media & Telecoms)

Key Contacts

Managing Partner:

Rajiv K Luthra (Delhi)
+91 11 4121 5100
rajiv@luthra.com

Firm Rankings

Aviation
Band 2

8.0

Banking & Finance
Band 2

8.5

Capital Markets
Band 3

7.5

Capital Markets: Debt
Band 2

8.0

Capital markets: Equity
Band 2

8.0

Competition/Antitrust
Band 1

9.0

Corporate/M&A
Band 1

9.0

Dispute Resolution
Band 3

7.0

Funds
Band 2

8.0

Insurance
Band 2

8.0

IP
Band 3

7.0

Labour & Employment
Band 2

8.0

Litigation
Band 2

8.0

Private Equity
Band 3

7.3

Projects
Band 1

9.5

Real Estate
Band 3

7.0

Restructuring & Insolvency
Band 1

Tax
Band 3

6.7

TMT
Band 4

4.0

Trade/WTO
Band 1

9.0

White-Collar Crime
Band 2

8.0

Articles

Assured increase of FDI in the insurance sector

On 14 March 2022, the government issued Press Note 1 of 2022 allowing 20% foreign direct investment (FDI) through the automatic route in the Life Insurance Corporation of India (LIC) a corporation established and governed under the Life Insurance Corporation Act, 1956 (LIC act). Shinoj Koshy Partner L&L Partners Before this press note, Press Note 2 […]

30 May 2022
Floating Solar Power Plants – A Pandora’s Box Of Potential Challenges

Having canvassed options across agricultural land, occupying waste lands, and also laying siege on rooftops of residential and commercial properties, the growing market for solar power infrastructure has found anchor in water bodies, to set up Floating Solar Photovoltaic Plants (“FSPV Plants”). While conceptually FSPVs are not defined as a separate category of renewable plants, […]

30 May 2022
Amazon Dodges Two Investigations

The CCI vide order dated 03.03.2022 rejected the allegations of anti-competitive vertical arrangements regarding ‘deep discounting’ and ‘lack of platform neutrality’ made by the All India Online Vendors Association against Amazon Seller Services; Amazon Wholesale India; Amazon Retail; Cloudtail India; and Prione Business Services. The case fell flat on account of the Informants’ inability to […]

03 May 2022
TMT Law, 2022

Telecommunications The Department of Promotion of Industry and Internal Trade (“DPIIT”) vide Press Note 4 of 2021 (“Press Note”) allowed 100% foreign direct investment (“FDI”) in the telecom sector in India through automatic route. The erstwhile legal position was, that FDI in telecom sector was allowed till 49% through automatic route, and for obtaining FDI […]

04 Mar 2022
Banking deal closure – NIIF Infrastructure Finance Limited

L&L Partners has recently acted for and advised NIIF Infrastructure Finance Limited in connection with the financial assistance aggregating up to INR 1.85 Billion to TVS Industrial & Logistics Parks Private Limited (“Borrower”), a group company of TVS Supply Chain Solutions Limited (the logistics arm of the TVS Group) for refinancing of indebtedness incurred / investments made in relation to the operating warehouses of the […]

11 Jan 2022
An Insight Into Indian Regulatory Framework Vis-À-Vis, SPAC

Brief overview of SPAC: Globally, Special Purpose Acquisition Companies (“SPAC”) is emerging as one of the most preferred structures to essentially achieve the funding needs via access to public funds through listing. Conceptually, SPAC is a newly set-up entity with no business activity of its own, which is listed on the stock exchange for the […]

22 Dec 2021
Competition Law Newsletter (Nov. 2021)

CCI finds six low density polyethylene cover manufacturers guilty of cartelisation. CCI dismisses allegations of abuse of dominance against Kerala State Beverages Corporation. CCI finds no contravention by bearings manufacturers after investigation. Read full newsletter here

10 Dec 2021
‘Bio-Fuels: Awaiting Their Policy Push!’

As an aftermath of the climate change debates in the previous decade, a National Policy on Bio-fuels was drafted by Ministry of New and Renewable Energy (“MNRE“), Government of India in 2009. However, slow movement in the industry and un-workable commercials for production and usage of bio-fuels have posed a challenge, one that has easily […]

10 Dec 2021
Amendments to FDI in the telecom services sector

The Ministry of Finance has released the gazetted copy of the Foreign Exchange Management (Non-debt Instruments) (Fourth Amendment) Rules, 2021 (amendment rules). The amendment rules revise the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, with effect from 12 October 2021, the date of publication in the Official Gazette. Under the amendment rules, up to 100% […]

10 Dec 2021

Press Releases

L&L Partners advised Surfboats Solutions Private Limited (Surfboats) on its Series A1 Round of investment

L&L Partners advised Surfboats Solutions Private Limited (Surfboats) on its Series A1 Round of investment lead by Fireside Ventures Investment Fund – II (Scheme Of Fireside Ventures Investment Trust II) (Fireside) and Roots Ventures-II (Roots) through which is has raised INR ~100 Crores. In addition to Fireside and Roots, the round witnessed participation of inter alia Waao Partners, […]

27 May 2022
L&L Partners: Latest Deals

Deal 1 – SWAMIH Fund in connection with an investment in the non-convertible debentures The Firm acted for and advised SWAMIH Fund in connection with an investment in the non-convertible debentures to provide last mile finance for the completion of construction of a group housing project in the state of Rajasthan. The Firm assisted the […]

27 May 2022
L&L Partners advised Honasa Consumer Private Limited

L&L Partners recently advised Honasa Consumer Private Limited (HCPL) on its acquisition of the majority shareholding of Fusion Cosmeceutics Private Limited (Dr. Sheth’s) by way of primary and secondary transactions. HCPL is a major player in the consumer goods sector operating under the brand name ‘Mamaearth’ and has recently joined the ‘Unicorn’ club at a valuation […]

27 May 2022
Punching Above with its ESG Practice

L&L Partners is one of the prominent law firms in India and, keeping pace with the changing landscape, the firm has boosted its green initiatives both internally and externally and has set a carbon-zero target across all its offices. To implement this, the firm has set up a robust ESG practice and a ‘Green Project’ […]

27 May 2022
Acted as Lenders’ Legal Counsel for NIIF Infrastructure Finance Limited 

The Firm recently acted as Lenders’ Legal Counsel for NIIF Infrastructure Finance Limited in relation to the financial assistance aggregating up to INR 246.48 crores. The transaction involved part-refinancing of 3 separate solar power projects set up in state of Karnataka under 3 project SPVs, promoted by O2 Power. As Lenders’ Legal Counsel, the team at L&L Partners was involved in drafting, reviewing, […]

27 May 2022
Venus Pipes IPO has been recognized as the ‘Fastest Subscribed IPO’

Venus Pipes IPO has been recognized as the ‘Fastest Subscribed IPO’ and received the Certificate of Excellence by the prestigious Golden Book of World Records L&L Partners – Capital Markets team advised Venus Pipes & Tubes Limited, a Gujarat based company engaged in the manufacturing and exports of stainless-steel pipes and tubes(the “Company”) and SMC Capitals […]

27 May 2022
L&L Partners: A favourable Order at the High Court of Madras on limitation under Transfer Pricing

L&L Partners,  tax team has recently secured a significant victory for its client, Perkins India Private Limited (part of the Caterpillar Group), before the Hon’ble High Court of Madras. The Firm has successfully defended a writ appeal filed by the income tax department before the division bench of High Court, against the order of Single Judge. […]

09 May 2022
L&L Partners: Resolution Professional and the Monitoring Agency

The Firm successfully assisted and represented the Resolution Professional and the Monitoring Agency throughout the Corporate Insolvency Resolution Process of M/s Crest Steel and Power Pvt. Ltd. [CSPPL] Our role: The team advised and acted initially for the Resolution Professional [“RP”] of CSPPL right from the inception of the CIRP, i.e. the Insolvency Commencement Date […]

03 May 2022
L&L Partners Deal Closed – Electric Vehicle Financing

L&L Partners advised on financing 3000 all-electric cars to be operated by Blu-Smart Mobility on its ride hailing platform in Delhi- NCR Region.  Our role: The Firm advised and acted for Indian Renewable Energy Development Agency Limited (IREDA) in connection with financial assistance aggregating up to INR 2676.70 Million for part financing the cost of […]

05 Apr 2022
L&L Partners (Formerly Luthra & Luthra) Banking deal closed

The Firm’s Banking and Finance Team recently advised Aditya Birla Finance Limited (the “Lenders“) in connection with financial assistance in the form of rupee loan facilities for an aggregate principal amount of INR 51,70,00,000 (Rupees Fifty One Thousand and Seventy Lakhs)  made available to Fogo Energy Ventures Private Limited (the “Company“), subsidiary of Fourth Partner, for the […]

31 Mar 2022
L&L Partners – Capital Markets team recently advised HSBC Securities (USA) and Roth & Co.

L&L Partners – Capital Markets team recently advised HSBC Securities (USA) and Roth&Co. Congratulations Team – Partner, Geeta Dhania, Partner Designate, Prashaant Vikram Rajput ably assisted by Partner, Pallavi Bedi; Partner, Neha Sinha and Partner, Kunal Mehra. The partners’ were supported by Managing Associate, Danish Khan, Senior Associate, Ashita Bali, Associates – Preeti Uikey, Anshul Semwal, Saher Fatima, Kopal Agarwal, Radhika Malpani. Continue reading

01 Mar 2022
L&L Partners Deal Closures

Deal Reports Deal 1 – HPCL on its acquisition of the entire shareholding of BBlunt The Firm recently advised HPCL on its acquisition of the entire shareholding of BBlunt and its subsidiary (BBlunt Spratt from their erstwhile shareholders including its majority shareholder, Godrej Consumer Products Limited (GCPL). The overall value of the transaction is approximately […]

28 Feb 2022
L&L Partners has recently represented and advised InterviewBit Technologies

L&L Partners has recently represented and advised InterviewBit Technologies (“Scaler Academy”), an edtech start-up that offers courses to working professionals in India and abroad to upgrade their skills, in raising $55 million in its Series B financing round. Our Role: Role entailed originating the transaction documents, negotiating thereon, preparing disclosure schedule, advising the company on legal […]

28 Feb 2022
Banking deal closure – SWAMIH Fund

The Firm recently acted for and advised SWAMIH Fund in connection issuance of non-convertible secured debentures aggregating up to INR 1.65 Billion by DSS Buildtech Private Limited (“Issuer”), a subsidiary of Silverglades Holdings Private Limited for part financing the cost of construction of the GH project titled “The Melia” [RERA registration number 288 of 2017] comprising of 12 residential towers (Towers A, B, C, D, E, […]

11 Jan 2022
Banking deal closure – L&T Finance Limited Sannur Highway

The Firm has recently acted for and advised L&T Finance Limited, in connection with the financial assistance aggregating up to INR 338,79,00,000/- to Sannur Bikarnakette Highways Private Limited (“Borrower”), a subsidiary of Dilip Buildcon Limited, for part financing the setting up of the Four-laning of Sannur to Bikarnakette section from existing Km 698.850 to existing Km 744.190 (Design 45.01 Km) of […]

11 Jan 2022
Banking deal closure – L&T Finance Limited

The Firm has recently acted for and advised L&T Finance Limited and Axis Bank Limited (the “Lenders“), in connection with the financial assistance aggregating up to Rs. 820 Crores, proposed to be provided to Solairepro Urja Private Limited (the “Borrower”), in relation to the development, construction and operation of a 250 MW AC (350 MW DC) solar PV project awarded to […]

11 Jan 2022
Banking deal closure – State Bank of India 

The Firm has recently acted for and advised State Bank of India in connection with the financial assistance aggregating up to INR 969.87 Crores to Renew Solar Power Private Limited (“Borrower”), a subsidiary of Renew Power Private Limited, for refinancing existing term loans and the non-fund based facility from its existing lenders in relation to a 250 MW AC solar power […]

11 Jan 2022
Capital Markets – Venus Pipes & Tubes Limited

L&L Partners Law Offices – Capital Markets team advised Venus Pipes & Tubes Limited (the “Company”) and SMC Capitals Limited (The “BRLM”) in the filing of the draft offer document in relation to the proposed Initial Public Offering of the equity shares of the Company. The firm acted as the sole legal counsel to the Company and BRLM and was involved in conducting diligence and […]

11 Jan 2022
Banking deal closure – HDFC Bank Limited

The Firm has recently acted for and advised HDFC Bank Limited in connection with the financial assistance aggregating up to INR 5.00 Billion to Green Gas Limited (“Borrower”), a joint venture of GAIL (India) Limited and Indian Oil Corporation Limited, for takeover/refinance of outstanding existing facilities and part financing the ongoing & future capex of the Borrower for City […]

11 Jan 2022
Banking deal closure – NIIF Infrastructure Finance Limited

L&L Partners has recently acted for and advised NIIF Infrastructure Finance Limited in connection with the financial assistance aggregating up to INR 1.85 Billion to TVS Industrial & Logistics Parks Private Limited (“Borrower”), a group company of TVS Supply Chain Solutions Limited (the logistics arm of the TVS Group) for refinancing of indebtedness incurred / investments made in relation to the operating warehouses of the […]

11 Jan 2022
Girish Rawat was a key speaker at the CII

#bankingandfinance Summit on the 9th of December 2021.

10 Dec 2021

Sign In

[login_form] Lost Password