As one of the top law firms in India, Economic Laws Practice is highly ranked across the banking and finance, competition/antitrust, dispute resolution, regulatory and tax practices. This year is moves up in the pharmaceuticals and life sciences, real estate and labour and employment categories. It has seven offices across India, in Mumbai, New Delhi, Pune, Chennai, Bangalore, Ahmedabad and GIFT City. The firm’s renowned tax group is acknowledged by peers as a market leader. This practice is led by tax specialists Rohit Jain, Nishant Shah, Harsh Shah, Kumar Visalaksh and Gopal Mundhra. Firm managing partner and main contact Suhail Nathani is often a lead partner in competition cases, as well as on private equity and M&A deals.
Client feedback
“Very thorough in legal aspects of the issue. Very knowledgeable and efficient team.” – Competition/antitrust
“They are very committed to the plans and its action.” – Corporate and M&A
“They are recommended for their practical legal advice, promptness and clarity. Lawyers are easy to collaborate with and always time-sensitive.” – Corporate and M&A
“They understand our business extremely well and are always available to support us at very short notice. They are technically very sound and provide us with practical guidance.” – Dispute resolution
“ELP is very sensitive to the expectations of a MNC like ours and continues to provide a very high-quality deliverable. ELP has very experienced partners who lead a very promising and competent team of lawyers. It pays special attention in ensuring that the working team correctly understands the business nuances and complexities of the matter.” – Dispute resolution
“The counsel here can carry out both solicitor and counsel practice.” – Dispute resolution
“Solid advice.” – Dispute resolution
“Extremely well-versed in what they do. Strong knowledge of the field.” – Media and entertainment
“Economic Laws Practice justified each and every head of claim far beyond out internal project team could visualise. They did it very well.” – Oil and gas
“Excellent partner engagement, and solid follow-up and response timeframe.” – Private equity
“Very good conceptual knowledge of law and practical approach on complex industry issues.” – Real estate
“Sincere, detail-oriented and practical.” – Real estate
“ELP is a leading full-service Indian law firm specialising in economic laws, including tax, trade, competition, and international economic law. Overall, the firm is respected for its expertise, client focus, innovative approach, and commitment to excellence in the field of economic laws.” – Tax
Mumtaz Bhalla
“She is a very sharp thinker and there's nothing that she cannot solve if you go to her. She has a solution to everything. Her agility coupled with the fact that she can draft in a matter of hours is just the tip of the iceberg and one must see her in court. She tears apart the opponent and ensures that the client is satisfied, no matter the outcome. Mumtaz is one of the best brains of the country and I say this with a sense of responsibility after having worked with her for over eight years, initially at her previous firm and now at Economic Laws Practice. Mumtaz also stands out because she is equally good with arbitration, civil trial, criminal trial and appellate issues. We have a battery of lawyers handling our cases and one Mumtaz is equal to all of them.”
Heena Chheda
“Knowledgeable, detail-oriented, practical, efficient and reliable.”
Rohit Jain
“Rohit is technically very good and understands our business and requirements well. He comes up with great practical and easy-to-implement guidance.”
“Very good knowledge of GST and allied laws, the real estate industry's complex issues and innovative approach.”
Alok Jain
“Good communication and advice.”
“Positive attitude towards problem-solving.”
Parthsarathi Jha
“Good listener, goes deep into the issue. Finds alternative solutions. Consults others if he has any doubts.”
Vinod Joseph
“Excellent engagement, quick response times and an excellent team builder.”
Yashojit Mitra
“Professional, approachable, knowledgeable and provides extremely sound solutions.”
Suhail Nathani
“Very soft and kind.”
Gourav Sogani
“Gourav's most positive attribute is his very deep problem-solving abilities.”
Sujjain Talwar
“Extremely accessible and solution-oriented, he is our go-to person. He provides advice which is practical and has wide-based experience.”
Naresh Thacker
“Naresh offers a wealth of experience on the table and helps to provide tailor-made solutions for the problem. His involvement is crucial in building the client’s confidence and his strategic inputs add immense value.”
Work highlights
Provided Tata Advanced Systems with indirect tax implications arising from indigenous military aircraft manufacturing in India.
Commissioned by the Gem and Jewellery Export Promotion Council to create a groundbreaking standard operating procedure that delves into the tax and regulatory intricacies for the entire gold jewellery industry in India.
Acted for JSW Steel on providing indirect tax structuring advisory.
Work highlights
Acted for Google before the Supreme Court of India in defending allegations against some of Google’s business practices.
Represented the National Egg Coordination Committee before the Supreme Court. In one of the first of its kind, the Competition Commission of India (CCI) recognised that price fixations and their dissemination may not always be harmful, especially when there is an underlying object of a common good.
Assisting Ericsson in three ongoing investigations before the CCI.
Key clients
Geep Industries, INOX Leisure, IREL, United Breweries.
