AT A GLANCE

Since the firm’s inception in 2003, HSA Advocates (HSA) has consistently been recognised amongst one of India’s foremost and trusted full service legal advisors to corporates, financial institutions, PE and VC funds, governments and public sector enterprises. Drawing strength from the collective experience of its people, the exceptional diversity of its profiles and deep sector understanding, at HSA each and every lawyer invests in servicing clients with utmost sincerity, keeping the client’s interest paramount.


This is demonstrated by the high level of commitment and ability to find pragmatic solutions that are unique and rooted in deep insights of a client’s business. This allows the firm to not only help clients mitigate risks but also find solutions that create a pathway of success. The in-depth knowledge of policy-legal-regulatory and commercial risks and the subtle nuances that influence the underlying sectors/industries is a key differentiator that sets the firm apart.


Clients acknowledge and recognize HSA for the professionalism and commercial perspective brought to assignments; strong commercial acumen, managing transactions in an efficient and cost-effective manner and to address and resolve demanding commercial and legal issues in a practical manner has always been recognised by the clients as strong points of HSA.


Led by a growing collegium of partners who are legal experts of great repute, the firm has a well-established full service capability to serve clients across multiple industries and sectors including Automotive, Aviation, Banks and Financial Institutions, Ecommerce, Education, Energy including Renewable Energy, Environment, Health and Safety, Hospitality and Healthcare, Infrastructure-urban and rural, Insurance, Manufacturing, Media and Entertainment, Mining and Exploration, Oil and Gas, Pharmaceuticals, PPP Projects, Real Estate, Retail and FMCG, Services Sector, Smart Cities, Transport, Telecommunication, IT and software.


With offices in New Delhi, Mumbai, Kolkata and Bengaluru, HSA Advocates’ credentials are a testimony of its ability to attract the best and brightest talent and the firm’s belief in nurturing teams with the requisite skills, in particular cultivating sector-specific expertise.


Chambers Commentary (based on the Chambers research) Published in Chambers Asia Pacific Guide 2018

    • Corporate/M&A Department
      What the team is known for – Solid corporate group well known for its strong track record in the projects and infrastructure sectors. Advises international and domestic corporations and private equity firms on M&A, venture capitals, equity investments, divestments, joint ventures and regulatory approvals. Additional expertise in transactions involving the oil and gas, manufacturing and energy industries.

 

    • Notable practitioners

      Aparajit Bhattacharya draws praise for “his full grasp on M&A issues, complete understanding of business implications” and “strong negotiating skills.” His areas of expertise include corporate and commercial issues, mergers and acquisitions and private equity transactions. He also works on foreign direct investments and joint ventures.

 

    • Projects, Infrastructure & Energy Department

      What the team is known for – Respected firm noted for advising corporate and public-sector clients on the development of major infrastructure projects. Particularly active in transport and urban schemes, where it frequently advises on bid, concession and project documents. Often represents lenders on project financings in the power and energy sectors. The firm’s impressive regulatory and policy practice enhances their ability to advise on project risk, particularly on mandates relating to the infrastructure sector.

  • Notable practitioners
    Hemant Sahai
    is an influential figure in the market with a strong reputation for handling development and construction projects. He led the team acting for Solenergi Power Private assisting with the development, operation and maintenance of part of a solar power project in Rewa, Madhya Pradesh.


    Amitabh Sharma
    is highly prized by clients, who value his expertise in the energy and infrastructure sectors. One client notes: “The great thing about him is that he can produce it on the spot; he could look at the document and show you the issues straight away.” He represented JSW Infrastructure in the expansion of the Port of Fujairah, UAE, on a PPP basis.


    Anjan Dasgupta
    is considered a financing expert and assists clients with PPPs and acquisitions. He is particularly adept at providing project advice in relation to clean technology and sustainable development.


    Commentary as per Legal 500 Asia Pacific Guide 2018

  • Corporate Practice:
    The ‘flexible’ team at HSA Advocates ‘provides excellent value for money’ and ‘fully understands the client’s requirements’. The firm acts for major Indian corporates, multinational companies and private equity funds, advising on the full gamut of domestic and cross-border transactions. Highlights included advising Ostro Energy on its $80m acquisition of four project companies owned by Suzlon Energy and acting for ReNew Power Ventures on its acquisition of four companies owned by Vikram Solar, a transaction valued at $44m. Abeezar Faizullabhoy and Aparajit Bhattacharya are the names to note.
  • Projects and Energy Practice
    HSA Advocates provides ‘great value for money’, advising on all facets of project development including regulatory issues, financing, policy and dispute resolution. The firm is notably strong in the energy and renewables sectors and is also active in the project finance and public private partnership (PPP) market in India, advising lenders, borrowers, issuers and other intermediaries on domestic and cross-border financing transactions. The team is currently advising Solenergi Power on the development, operation and maintenance of a 250MW solar power unit, and is also acting for the government of Goa on a greenfield airport PPP project. Founding partner Hemant Sahai is the main practitioner.