Your counsel in GIFT City.
When a client of yours wants to set up, invest, lend, insure or list in GIFT City, they need Indian counsel who knows the IFSC from the inside. We work alongside law firms, banks, fund sponsors and multinational groups from London to Singapore, as their team on the ground in India.
Indian counsel who knows the IFSC from the inside
The IFSC is its own legal world
One regulator, foreign-currency business, its own exchange-control status and a tax deduction that can run for twenty years. Rules change several times a year. Your clients need someone who follows them daily.
Gujarat is our home court
The firm has practised in Ahmedabad since 1978, before the High Court of Gujarat, the High Court for the State in which GIFT City sits. GIFT City is a short drive from our office.
We have written the handbooks
Our Practitioner Series covers every business line in the IFSC, from fund management to bullion. Your team can read our analysis before we are instructed.
We work your way
On your templates, your timetable and your reporting format, with a single partner as your point of contact.
Ways we act alongside your team
Co-counsel on transactions
We advise on the Indian-law and IFSC aspects of a deal you lead: fund launches, lending, leasing, listings, acquisitions of IFSC entities.
Indian-law opinions
Capacity, enforceability, regulatory and tax opinions on IFSC entities and transactions, in the form your client or its lenders require.
Regulatory filings and approvals
We prepare and file SWIT applications, respond to IFSCA's queries and manage SEZ approvals, so your client's registration moves.
Regulatory desk on call
A standing arrangement for questions on IFSCA rules and developments as they arise, for firms advising several clients in GIFT City.
Disputes and enforcement
IFSCA enforcement, writ proceedings before the High Court of Gujarat, arbitration seated in India, and enforcement of foreign awards against Indian parties.
Market-entry studies
Comparisons of GIFT City with onshore India or with other financial centres, for boards deciding where to place a business.
Where our foreign-firm work comes from
United Kingdom & Europe
Insurers and reinsurers, asset managers, banks and lessors whose India business can be booked or managed from GIFT City.
- Reinsurance and insurance offices
- Fund management and relocation
- Aircraft leasing
- Bank branches and treasury
United States
Asset managers, private credit, banks and technology groups looking at India.
- Fund platforms for India and global investors
- Private credit and USD lending
- Global in-house centres
- Direct listing and capital raising
Singapore & Hong Kong
Managers and treasuries comparing GIFT City with their current Asian hub.
- Fund relocation to GIFT City
- Treasury centres
- Family offices
- Comparisons with other centres
UAE & the Middle East
Family offices, bullion and trading houses, and sovereign investors.
- Family investment funds
- Bullion through IIBX
- Investment into India through GIFT City
- Fund platforms for Gulf capital
Japan & Korea
Banks, insurers and lessors. IFSCA signed an MoU with Korea's Financial Services Commission in April 2026.
- Bank branches and lending
- Leasing
- Insurance
- Regulatory cooperation
Mauritius, Cayman & other centres
Funds and holding structures considering a move to India.
- Fund relocation
- Re-domiciliation
- Treaty and tax analysis
- Investor consents
What multinational groups ask us about
Market entry
Which framework your business fits, the entity, the approvals and the timetable, from first board paper to certificate of registration.
Treasury and group finance
Regional treasury centres, intra-group lending and the company-law relief now available to IFSC finance companies.
Captive centres
Global in-house centres for financial groups, and the group agreements and transfer pricing behind them.
Capital raising
Listings, green bonds and follow-on raises on the IFSC exchanges.
People and premises
Hiring locally and seconding staff, under India's new labour codes.
Defending the position
Regulatory, tax and commercial disputes, in Gujarat and in arbitration.
How a matter proceeds
- An introduction
A short call with a partner to understand the matter in outline. No confidential information is needed at this stage.
- Conflict check
We check conflicts before we hear the detail, and confirm promptly.
- Engagement letter
Scope, team, timetable and fees agreed in writing, with your client or with you, as the matter requires.
- One team
A named partner leads, with associates who know the framework concerned. We report in the format you use.
- Delivery and after
We see the matter through, and keep you informed of developments that affect your client afterwards.
On Bar Council of India terms
We work with other firms on terms consistent with the rules of the Bar Council of India. Each matter has its own engagement. We do not pay or accept referral fees, we do not share fees with firms abroad, and an introduction does not create a partnership or client relationship. Foreign firms practise in India only as the Bar Council's rules for foreign lawyers and law firms permit.
Introduce a matter
A short outline is enough. A partner will reply to arrange a call.