INDIA Law and Practice Contributed by: Alina Arora, Samarth Gupta and Parth Singh, Shardul Amarchand Mangaldas & Co
Shardul Amarchand Mangaldas & Co (SAM) is founded on a century of legal achievements and is one of India’s leading full-service law firms with the ISO/IEC 27001:2022 certification. The firm’s mission is to provide solutions as trusted advisers through excellence, responsiveness, innovation, and col - laboration. SAM is known globally for its exceptional practices in M&A, private equity, competition law, insolvency and restructuring, dispute resolution, in - ternational commercial arbitration, capital markets, banking and finance, tax, IP, data protection and data
privacy, white-collar crime, technology law, and in - frastructure, energy and project finance. With the full suite of Harvey AI functionalities, SAM has a pan-In - dia presence and has been at the helm of major head - line transactions and litigations in all sectors, besides advising major multinational corporates on their busi - ness strategy and their entry into the Indian market. Currently, the firm has 1,000 lawyers (including 190 partners), offering legal services through its offices in New Delhi, Mumbai, Gurugram, Ahmedabad, GIFT City (Gandhinagar), Kolkata, Bengaluru and Chennai. technology transfers, and local contract manufacturing arrangements. On the regulatory front, Samarth advises on industrial licensing, indigenous content requirements, offset structuring and discharge, and other procurement issues under India’s defence manufacturing and acquisition framework. He also advises on sector-specific issues at the intersection of regulatory compliance and ethics, including use of agents.
Authors
Alina Arora is an equity partner at Shardul Amarchand Mangaldas & Co, with more than two decades of experience specialising in the areas of
defence and aerospace, M&A, anti-corruption and compliance, white-collar crime, and internal investigations. She is a leading professional in the defence sector, advising on a host of issues such as foreign exchange law considerations, industrial licensing, offset structuring, joint ventures, and teaming arrangements. Alina advises on procurement issues relating to the bidding process, as well as disputes related to bid protests/ blacklisting. She has vast experience in advisory concerning integrity, anti- bribery and anti-corruption laws and policy, agency restrictions, involvement of intermediaries, and blacklisting.
Parth Singh is a partner at Shardul Amarchand Mangaldas & Co, with ten years of post-qualification experience in defence and aerospace, M&A, and white-collar crime and internal investigations. Parth advises Indian
and international clients on cross-border M&A, joint ventures and teaming arrangements, and acts for global defence majors on their entry into and expansion in India. His defence-sector work spans, inter alia, foreign direct investment regulations, the Defence Acquisition Procedure 2020, the Defence Procurement Manual 2025, and advisory regarding strategic partnerships and industrial licensing. Parth has conducted anti-corruption and anti-bribery due diligence assessments as part of corporate transactions and advises on the permissibility of engaging agents in transactions across sectors.
Samarth Gupta is an equity partner at Shardul Amarchand Mangaldas and Co, with more than 15 years’ experience in defence and aerospace, M&A, and white-collar investigations. Recognised as one of India’s leading
M&A and regulatory practitioners in the defence sector, Samarth advises foreign original equipment manufacturers and Indian conglomerates on high- stakes transactions, including joint ventures,
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