Sagus Legal

India

Analysis

Overview

Sagus Legal was founded in early 2020 by ex-Shardul Amarchand Mangaldas & Co corporate partner, Shruti Kanodia. The firm’s core strengths are corporate and M&A, dispute resolution, and energy and infrastructure work. It has offices in New Delhi, Odisha and Gurugram. The key partners are Kanodia, M&A specialist Neha Sinha and disputes expert Anand Shrivastava. Sinha joined in March 2023 from Luthra and Luthra Law Offices.

Client feedback

Shruti Kanodia

“Always available and knowledgeable.”

Dispute resolution

Work highlights

Successfully represented Tata Power Company before the Supreme Court of India on the subject of qualifications of a captive generating plant.

Represented TP Central Odisha Distribution in an appeal filed by Indian Railways before the Appellate Tribunal for Electricity.

Corporate and M&A

Work highlights

Advised on the $2.5 billion merger of Jindal Stainless and four other group companies into Jindal Stainless. This is a rare merger where two companies both having their shares listed on stock exchanges in India and their GDRs listed overseas are merging together.

Banking and finance

Work highlights

Advised Petronet LNG on its existing and new trust and retention accounts agreements pursuant to changes in the Indian regulatory framework.

Acted for a leading public listed steel company on its financing requirements from Axis Bank.