On 1 April 2022, IndusLaw expanded its real estate practice as it welcomed ASLF, a real estate law firm (operating from Bangalore and Chennai), into its ambit.
ASLF specialises in all aspects of property related transactions, due diligence of immovable property, effective structuring of real estate transactions, foreign investment in real estate transactions, civil litigation, alternate dispute resolution/arbitrations, strategic planning of real estate and commercial transactions. All staff of ASLF, currently made up of 64 employees including 4 partners, moved to IndusLaw.
IndusLaw, itself, is a leading law firm in India which advises clients worldwide on Indian law in relation to transactional goals, business strategies and resolution of disputes. Its practice areas include M&A, capital markets, private equity, technology and telecommunications, and employment. The firm, additionally, has a well-rounded dispute resolution practice, working on matters of contractual disputes, IP, insolvency, tax and electricity litigation, alongside domestic and international arbitration. IndusLaw was founded in 2000 and has over 350 lawyers with offices in Bangalore, Delhi, Mumbai, and Hyderabad.
IndusLaw’s merger with ASLF accords with the firms desire to create a niche in the premium real estate market. The move will complement and add value to existing capabilities in handling contentious real estate matters while enabling IndusLaw to broaden its client base and sectors, particularly in relation to real estate. With IndusLaw’s capabilities across the several practice areas listed above, the clients of the incorporated ASLF practice will be additionally served across their various legal requirements. This move will likewise offer existing IndusLaw clients more resources, expanded talent and experience.
The merger will be the base for IndusLaw’s expansion plans in Chennai, to strengthen its existing relationships as well as to create new business relationships.
Suneeth Katarki, Founding Partner of IndusLaw, had this to say:
“With this expansion, IndusLaw gains increased foothold in South India, a talented pool of resources and a broader network that will enable us to expand services provided to our clients. It will help us create a niche in the premium real estate space and further cement our dispute resolution practice. We welcome them all and look forward to this new journey.”
In echoing these positive sentiments, Anup Shah, Founding Partner of ASLF, said:
“I am extremely proud and happy to see my team at ASFL joining IndusLaw. I am sure this will enhance the overall client serving capabilities at IndusLaw. I wish them and IndusLaw greater success.”
Kroll’s Ramon Ghosh explains why a culture of corporate compliance is now likely to become vital when doing business in India.
