Asialaw Profiles
The Guide to the legal markets of the Asia-Pacific

“Banking is Wadia Ghandy & Co’s forte,” says a peer. The firm is a consistent performer in the financial sector in the country. One client notes: “The firm keeps up a very balanced perspective in the context of the legal and regulatory framework in banking transactions.” Partner Ashish Ahuja is highly regarded among legal professionals, say peers and clients. One competitor says: “He’s a true professional and guides the firm forward.” A highlight for the firm this year was its advice for Macquarie SBI Infrastructure Investments on its investment in GMR Airports Holding, which followed its restructuring into an airport holding company. The transaction was valued at US$200 million.

“Wadia Ghandy & Co has been a prominent fixture in the construction and real estate market over the years,” comments a competitor. The firm secures its place in the rankings this year after support from market observers and peers. One peer says: “The lawyers at the firm are frequently regarded as the top practitioners in the country.” Clients also recommend the firm for its measured approach, with one saying: “The lawyers’ outlook is very balanced. In the context of legal and regulatory knowledge, they’re excellent.” The firm provides advice to clients such as non banking finance companies, and several of the firm’s transactions in the past year involved these clients lending to real estate companies.