Private Wealth 2025

INDIA Law and Practice Contributed by: Rishabh Shroff, Kunal Savani and Chirag Shah, Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas has a market leading private client team consisting of five partners based in its Bombay office, and one director based in its Singapore office. With an illustrious history of over 107 years, the firm has an in-depth understanding of the Indian market and the evolution of the Indian business family across generations. It works with multi-generational family businesses, entrepreneurs, celebrities and senior executives on complex issues of succession, tax and estate planning. The firm fre - quently advises on cross-border family succession

issues, and is renowned for its experienced, non- resident-focused expertise, working with clients lo - cated in the UK, the USA, Singapore and the UAE on matters of Indian law, compliance and tax. Cyril Am - archand Mangaldas works with family offices, wealth management companies, and trustee companies in relation to domestic and cross-border assignments. The firm also frequently advises on India’s most com - plex and largest family disputes and on strategic matters of personal philanthropy and corporate so - cial responsibility.

Authors

Rishabh Shroff is the co-head of Cyril Amarchand Mangaldas’ private client team and head of its international business team. He provides succession, taxation and estate planning advice to wealthy individuals

Kunal Savani is a partner in Cyril Amarchand Mangaldas’ tax and private client team. He is a qualified chartered accountant and lawyer and specialises in tax law relating to family settlements and constitutions, trusts,

and entrepreneurs. Rishabh is the Philanthropy Ambassador for WWF India, and the Founding Chairman of the FICCI Young Leaders Forum. He was also the founder and director of the Indian Chapter of STEP. He is a member of the prestigious American College of Trust and Estate Counsel (ACTEC). Rishabh is widely ranked and regarded as one of India’s family business experts, working with many of India’s largest family businesses on their sensitive assignments.

Wills, gifts and succession planning. Kunal has almost two decades of expertise in various aspects of direct tax, such as corporate tax, international tax and M&A transactions.

Chirag Shah is a principal associate in Cyril Amarchand Mangaldas’ private client team and is qualified as a solicitor from the Bombay Incorporated Law Society. He advises promoter families and individuals on a

wide range of legal matters, such as business restructurings and governance, estate and succession planning and family settlements.

Cyril Amarchand Mangaldas Peninsula Chambers Peninsula Corporate Park GK Marg Lower Parel Mumbai – 400 013 India Tel: +91 222 496 4455 Fax: +91 222 4963 666 Email: rishabh.shroff@cyrilshroff.com Web: www.cyrilshroff.com

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