Founded as a breakaway firm from Khaitan & Co, Khaitan Sud & Partners has been quick to establish a strong identity for itself as a “world-class” provider of asset recovery advice. The firm’s key bases in Mumbai and Delhi are supplemented by a network of associate offices throughout the country, while its international presence is bolstered by its ongoing “best friends” relationship with the UK’s DAC Beachcroft LLP.
Umesh Khaitan is the firm’s managing partner and specialises in disputes, corporate advisory, banking, restructuring and asset recovery work. Prominent clients include major players in the pharmaceutical and petrochemical sectors, one of the India’s largest breweries, numerous food processing companies, leading hoteliers, infrastructure development corporations, banks and financial institutions, and information technology companies.
The firm’s lawyers advised Asian Colour Coated Ispat in relation to the proposed acquisition of M/s GS Energy, and assisted SIAM Stockholdings and Rabo India Agri Fund in their exit from an Indian operating company after it was bought out by US-based ADM Agro. Khaitan Sud has also acted as legal counsel for Lanco Anpara Power and Lanco Babandh Power in respect to different projects underway in India, as well as pending disputes