Kanga and Company
Readymoney Mansion,
43, Veer Nariman Road,
Mumbai 400 001, India
Tel: (91 22) 6633 2288/6623 0000/2204 2288
Fax: (91 22) 6633 9656/7
bhakta@kangacompany.com
Mr M L Bhakta is a senior partner of Kanga and Company, a leading and a
well known firm of Advocates and Solicitors in Bombay, established in
1890 having a vast clientele.
Mr Bhakta has been practicing for almost 50 years and has a vast
experience in the legal field, especially in matters relating to
corporate laws, banking and taxation. He is the legal adviser to leading
foreign and Indian companies and banks, including Citibank, HSBC,
Deutsche Bank and Reliance Industries Limited. He has been acting for a
large number of foreign companies assisting their business needs in
India.
Mr Bhakta has been recognised as a leading corporate lawyer in the
country. He is also a member of the Board of Directors of some
illustrious Indian companies including Reliance Industries Limited (the
largest private sector company in India) and Ambuja Cements Limited. Mr
Bhakta has also contributed several articles on diverse legal subjects
and presented/read papers before various national and international
fora. He has also co-authored a booklet on ‘Doing Business with India’
for benefit of foreign investors. Mr Bhakta has served as one of the
joint Secretaries later as the Vice President of the Income Tax
Appellate Tribunal, Bar Association, Bombay for a long number of years.
Mr Bhakta is the recipient of the Centennial Service Award for Professional Excellence from Rotary International.
Mr Bhakta has been named as one of the Leading Lawyers by Asialaw
journal, Hong Kong for the years 2006, 2007, 2008, 2009 and again for
the fifth consecutive year in 2010. He was also named as one of India’s
top 50 independent directors in survey made by Capital Market magazine
in 2003.
Mr Bhakta presently heads the law firm of Kanga and Company. Kanga and
Company was established in 1890 and is known to be one of the leading
commercial law firms in India. The firm is a full service commercial law
firm, and specialises in mergers and acquisitions, foreign investments,
banking, real estate, franchising and taxation.
The firm’s expert teams in each practice area are known for their sound
advice as also prompt and swift turnaround time, which has been highly
appreciated and acknowledged by clients worldwide.
The firm’s legal expertise in banking includes syndicated foreign
currency loans, factoring, forfeiting, securitisation and shipping loans
with many Indian & foreign banks, some them right from the setting
up business in India. The firm has a strong reputation in handling a
wide variety of capital market transactions including IPOs, Global
Depository Receipt (GDR) issues, private placements and public offers of
debt and equity.
The firm has built up high quality experience and has an outstanding
track record in foreign investment, joint ventures, private equity
investments and mergers and acquisitions having represented
multinationals & Indian corporate house. With its unmatched
experience in real estate laws by catering to many recognised
construction houses, the firm has been a proud winner of the India
Business Law Journal’s Awards 2008, 2009 and 2010 Indian Law Firm in
“Construction & Real Estate” category.
The firm has vast experience in advising Indian as well as international
clients for establishing franchise network in India and drafting
documents relating to franchising in various industries with one of its
partners recognised in the “International Who’s Who of Franchise
Lawyers” and “International Who’s Who of M&A Lawyers” for several
years. A large and active litigation department handles a variety of
matters in litigation and disputes as well as domestic and international
arbitration. The firm’s IPR practice includes registration of
copyrights, trademarks and patents and drafting agreements for the
transfer of intellectual property rights.