Very pragmatic, solution-oriented and demonstrates the ability to meet clients' requirements' and is 'particularly adept at handling project-related transactions.

Saket Shukla

Co-founding Partner
New Delhi

Saket specializes in strategic advisory work and high-end complex transactions cutting across various sectors, including infrastructure, mining and resources, oil and gas, construction, insurance, broadcasting, telecom and hospitality.

With more than two decades of experience, Saket has handled intricate strategic advisory, transactional and projects work, representing investors, targets and various project participants. He has also regularly been representing clients on their India strategy from inception to exit, including through restructurings and high value acrimonious exits, after successfully navigating through the complexities involved in the Indian regulatory framework and enforcement actions. Saket's clients include major international investors, multilateral agencies, promoter groups and HNIs.

Saket keenly follows the regulatory environment in India and participates in various policy building measures. He led an initiative with the insurance regulator which ultimately resulted in the regulator issuing guidelines for mergers of general insurers in India. Apart from policy building measures, Saket also has a keen interest in the social sector. He has advised a US Task Force on CSR related issues and a project in eastern India for connecting silk weaving communities with designers and artists-in-residence to match their craft with current fashion.

  • A large Japanese trading company in relation to their strategy to deal with multiple disputes against various Indian companies including: (i) LCIA award in India passed in relation to a high value dispute with an Indian company; (ii) defending criminal proceedings and forcing a settlement through court ongoing quashing proceeding; (iii) initiating various recovery proceedings in relation to purchaser defaults under various supply contracts; (iv) dealing with potential proceedings against the Income Tax authorities to challenge recovery proceedings; and (v) managing indirect tax proceedings involving the client on account of defaults of the Indian entity.
  • Arnab Goswami on his high profile exit from the Times Group and setting up of a news media venture under the brand name of "Republic TV" including the recent acquisition of shares held by Asianet News Media and Entertainment Private Limited in ARG Outlier Media Asianet News Private Limited.
  • Apis Partners, a leading private equity asset manager focused on financial services in growth markets, on its acquisition of a significant minority stake in Star Health & Allied Insurance Co. Ltd.
  • Navis Capital on its exit from Classic Stripes Private Limited (CSPL) and simultaneous acquisition of US and Indonesian subsidiaries of CSPL.
  • F & B Asia Ventures (Singapore) Pte Limited, a division of private equity Everstone Capital on its acquisition of majority stake in Massive Restaurants Private Limited, which runs the Indian-themed Masala Library, Made in Punjab and Farzi Cafe chain of restaurants and cafes.
  • An infrastructure fund of the IDFC group on its acquisition of 26% stake in Delhi Cargo Service Center Private Limited (leading cargo service operator at the Delhi Airport).
  • Leighton Welspun Contractors Pvt. Ltd. a leading construction, mining and project development group, in connection with their participation in bidding for several engineering, construction and procurement contracts for development of various projects including railway lines, real estate projects and port/marine projects and advising on various existing contracts of the group in India (e.g., Chenani Nashri, ONGC, DLF etc.).
  • A leading steel manufacturer on bid issues relating to the allotment of a captive coal mine following the new rules for allocation of coal mines after the cancellation of all coal blocks allocations by the Supreme Court. Advisory included post award issues and navigating through various regulatory hurdles.
  • Accor and InterGlobe Enterprises Limited on grant of concession by Delhi International Airport Private Limited, for construction of hotels in certain areas around the Delhi International Airport and in the process reviewing and negotiating the concession agreements leading to their signing.