Awards – ALMT Legal

ALMT Awards & Testimonials 2025

Recognising Excellence Across Practice Areas & Client Service

Our Recognitions & Achievements

Asia Pacific Legal 500 2025 Edition

Asia Pacific Legal 500 2025 Edition has recommended several of our partners and designated some as leading lawyers in various practice areas such as banking and finance, capital markets, corporate & M&A, dispute resolution, private equity and investment funds, private clients, labour and employment, real estate & construction, technology, media & telecommunications (TMT) and tax. Senior Partner Mr. Aliff Fazelbhoy is featured in ‘Hall of Fame’ for Labour and Employment and Tax

Asialaw 2024 Edition

Asialaw 2024 Edition recommends ALMT Legal for banking and finance, construction, corporate and M&A, energy, infrastructure, dispute resolution, labour and employment, private equity, real estate, restructuring and insolvency, tax, shipping and media and entertainment. Senior Partner Aliff Fazelbhoy was recognised as a ‘Distinguished Practitioner’ for Corporate M&A and Labour and Employment and Senior Partners SR Arun and Sameer Tapia were recognised as ‘Notable Practitioners’ for Corporate M&A and Dispute Resolution respectively.

IFLR 1000

IFLR 1000 in its latest rankings has ranked and also recognised several of our partners as leading lawyers in the practice areas of private equity, M&A, banking, capital markets – equity and debt, project development energy and infrastructure, real estate, restructuring and insolvency and project finance. Senior Partners, Aliff Fazelbhoy (M&A and Private Equity), Ryna Karani (Banking, M&A, Private Equity and Real Estate Acquisitions) and Statira Ranina (M&A and Private Equity) have been recognised as 'Highly Regarded Lawyers'. Senior Partners, Dhanya Menon (Private Equity) and Mr. Rajat Bopaiah (Capital Markets), as well as Partner, Souvik Paul Mazumdar (Capital Markets – Equity) have been recognised as 'Notable Practitioners'. Principal Associate Sheetal Mishra (Private Equity) has been recognised as a 'Rising Star' by IFLR Lawyer Rankings 2024 .

The India Business Law Journal

The India Business Law Journal has recognised Senior Partners Aliff Fazelbhoy and Sameer Tapia as being among the A List 2024 comprising of the top 100 private practitioners in India and Asian Legal Business has featured our Senior Partner Statira Ranina and Aliff Fazelbhoy in the prestigious Super 50 Lawyers 2024 and 2023 list respectively recognising top 50 private practitioners in India. India Business Law Journal 2024 and 2023 Edition has recognised ALMT Legal as “Award winning law firm – Aviation”. ALMT Legal was awarded “Award Winning Law Firm – Shipping and Maritime” by India Business Law Journal Awards 2023 Edition.

Legal Era Awards 2024

ALMT Legal was awarded “Law Firm of year – Aviation” and Senior Partner, Aliff Fazelbhoy was awarded “Lawyer of the Year – Labour and Employment” by Legal Era Awards 2024. Senior Partner Aliff Fazelbhoy was awarded as “Leading Lawyer Champion - Labour and Employment” by Legal Era 2024 and 2023 Rankings. Legal Era 2024-25 Rankings has recognised Senior Partner Sameer Tapia as Leading Lawyer Champion (Aviation and Defence and Corporate M&A), Leading Lawyer (Real Estate) and Senior Partner S R Arun as Leading Lawyer (Corporate M&A).

Milestones of Excellence

1. ALMT Legal advised SIDBI Venture Capital Limited on its investment in Zerund Manufacturing Private Limited.

ALMT counsels SIDBI on USD1.8m Zerund investment

ALMT Legal advises SIDBI Venture Capital on investment in Zerund Manufacturing

ALMT Legal advised SIDBI Venture Capital on INR 150 Million Investment In Zerund

ALMT Legal advised SIDBI Venture Capital Limited on its investment in Zerund Manufacturing Private Limited.

2. ALMT Legal advises Lumina Datamatics on acquisition of TNQ Tech

ALMT Legal on a Rs. 336 crore acquisition: Lumina Datamatics acquires TNQ Tech

ALMT Legal advises Lumina Datamatics on acquisition of TNQ Tech.

3. ALMT Legal advised Zulekha Healthcare Group, UAE (ZHG) on the sale of Alexis Hospital in Nagpur to Max Healthcare

ALMT Legal, Nishith Desai, ELP act on sale of Alexis Hospital to Max Healthcare

ALMT Legal advised Zulekha Healthcare Group, UAE (ZHG) on the sale of Alexis Hospital in Nagpur to Max Healthcare.

max healthcare acquires alexis hospital with help of almt legal and nishith desai associates

What Our Clients Say

Chambers and Partners

Corporate M&A – Chambers and Partners Asia Pacific 2025 Edition and Chambers and Partners Global 2025 Edition

“Complex deals always require commercial awareness to avoid delay by arguing over irrelevant or insignificant points. ALMT was very good at focussing the client on the key issues.”
“The team are very committed to getting the job done through prompt responses and always being available. The lawyers clearly explain issues and take a pragmatic approach to resolving them.”
Aliff Fazelbhoy – “Aliff is a great example of how to handle complex negotiations with ease and serve client interests.”

Employment - Chambers and Partners Asia Pacific 2025 Edition

“ALMT offers fast, competent and precise answers that work in practice.” –
Aliff Fazelbhoy – “Aliff is always a competent partner when it comes to complex labour law issues, who understands immediately, reacts quickly and provides practicable solutions.”

Asia Law Profiles 2024 Edition

Dispute Resolution

“They are fast and very exact, managing matters down to the smallest details.”
“All ALMT partners like Sameer Tapia and Komal Joshi were very friendly, and their team are very active in our every matter. All are not handling matters just to complete the task, they are involved in the matter personally and resolved the issues very nicely.”

Real Estate

“Personal touch and knowledge on the subject.”

Vaishakh Kapadia

“He is a very responsible and organised person, a good manager.”

Sameer Tapia

“Appreciate his personal touch.”

Legal 500 Asia Pacific 2025 Edition

Corporate M&A

“The team are responsive and demonstrate obvious competence in their areas of expertise.”
“They are clear in their explanation of the risks presented to the client and appropriate steps to address them.”

Dispute Resolution

“Prompt responses from the team, the collaboration has been great.”

Intellectual Property

“Vast knowledge and timely advice.”
“Mr. Nihal Shah gives excellent and timely legal advice and makes our Intellectual property-related works run very smoothly.”

Labour and Employment

“Aliff Fazelbhoy is a paragon of legal excellence in India. His attention to detail, integrity, and empathetic approach make him an exceptional and trusted advisor. He is a top-tier legal mind and a true asset to the profession.”

Private Equity

“They are detail-oriented and have deep knowledge of the Indian private equity market.”
“Professional, quick turnaround and provide good advice on structures.”

Real Estate

‘The team at ALMT is extraordinarily capable in knowledge and helpful nature.”
“All the individuals at ALMT have a thorough knowledge of the discussions we have with them.

Tax

“Good knowledge of mergers and acquisitions in India in an international context”.
“Very solutions driven.”
“Praised by clients for its ‘very strong legal and tax acumen”.

Chambers and Partners

Corporate M&A – Chambers and Partners Asia Pacific 2024 Edition and Chambers and Partners Global 2024 Edition

“They are able to provide us with detailed information on laws and regulations, and on the most effective and efficient approach. They go beyond what is expected with their services and provide fast responses.”
“Their team has a good understanding of the nature of work.”
Aliff Fazelbhoyin Mumbai is deeply acquainted with the private equity sphere, and he can utilise this expertise on M&A and restructuring matters. “He is very professional and knowledgeable.” “He is experienced and client focused.”

Employment - Chambers and Partners Asia Pacific 2024 Edition

“They do their homework and advise on the best way forward.”
“They provide fast, profound and balanced legal advice.”
Aliff Fazelbhoy– “It is always a pleasure to work with Aliff.”

Asia Law Profiles 2023 Edition

Banking and Finance

“They have a practical approach. Before doing the work, they would usually speak with us and explain what they wish to do and confirm with us if the work that they are planning to do is in line with our approach or not.”

Dispute Resolution

“They give positive advice.”

Media and Entertainment

“Strong domain knowledge and professionalism.”

Private Client

“Very professional and the lawyers get into the depth of the matter.”

Private Equity

“Very professional, dedicated and organised.”

Aliff Fazelbhoy

He has a practical approach and is a solution provider.”
“He has positive attitude and helps us well.”

Arun SR

“Excellent domain knowledge and professionalism.”

Vaishakh Kapadia

“Very detailed in his work, covers all aspects in any matter. He always meets deadlines.”

Sandhya Bhaskar

“Very thorough and very precise.”

Legal 500 2024 Edition

Capital Markets

“The team is knowledgeable, practical and provides solutions.”
“Worked with S.R. Arun and Rajat Bopaiah. One of the best teams I have worked with in my career. They are fast in response, solution-centric and robust in their knowledge.”

Corporate M&A

“They work closely with clients and customize services to meet the need.”
“I was introduced to their partners and one of the founders of ALMT. They are all exceptional in term of reputation, connections and legal advice.”

“They are knowledgeable and quick to respond. And they work with the spirit of making things happen, and without taking risks.”

Private Clients

“They are very professional in their practice. All questions asked were answered in a timely manner”.
“Very professional and knowledgeable in their field.”

Intellectual Property

“The team at ALMT Legal is proactive, readily available and up to date with the latest developments in the industry. They have a thorough understanding of our requirements, and their IP advice is well detailed, structured and showcases their expertise in IP transactions and trademark applications. They have an excellent team and great service. ALMT Legal is our go-to firm for all our IP requirements.”
“ALMT is a full-service law firm and their IPR team and especially the trademarks team is very good.”
“Rakesh Prabhu is highly experienced in the trademark domain. He has created a good team as well who keeps tab on trademark infringement and management.”
“Ryna Karani and Siddhi Ghatlia both have strong domain expertise and technical knowledge and are well versed with industry changes, very reliable and readily available even at short notice.”
“Rakesh Prabhu has been a fantastic support for me in the management of my trademarks portfolio.”

Private Equity and Investment Funds

“ALMT is an all-purpose law firm and the team is very responsive.”
“The team in ALMT has talented associates.”
“A knowledgeable, responsive and high calibre team with wide-ranging experience.”
“Aliff Fazelbhoy is an outstanding professional with many years of experience and a proactive and problem-solving approach.”
“Dhanya Menon is a knowledgeable and exceptional individual, who is client oriented. She is leading a very capable team who are equally dedicated and meritorious in their work.”

Chambers and Partners 2023 Edition

Corporate M&A

“ALMT provides excellent service and response.”
Aliff Fazelbhoy in Mumbai is deeply acquainted with the private equity sphere, and he can utilise this expertise on M&A and restructuring matters.

Employment

“Their turnaround time, the quality of drafting and understanding of the nuances of various performance parameters and accelerators are exemplary. They are commercially savvy in their understanding.”
“Aliff is commercially savvy, and his application of legal knowledge is great. He conveys his points calmly and intelligently. When he differs from any point, he will explain it with rationale. The outcome is impressive.”
“Aliff is a very seasoned lawyer and is fab.”

Private Equity

“ALMT’s strong industry know-how and depth allows it to provide good guidance on commercial terms. The team is highly experienced and well aware of the Indian PE market.”

Asia Law profiles 2022 Edition

Labour and Employment

“Timely professional advise.”

Prashant Popat

“He possesses an understanding of all matters of our business.”

Legal 500 2023 Edition

Corporate M&A

“Firm with about 20 partners each an expert in their own field. clients can get a package of services under one roof.”
“Thorough knowledge of the subject and availability and understanding of the client requirements.”

TMT

“I found the team at ALMT professional, knowledgeable, prompt and friendly. They were able to advise us on our legal queries after correctly understanding our business model.”
“They are flexible and worked closely with us to give us what we needed.”
“I would highly recommend them.”

Asia Law 2021 Edition

Banking and Finance

“It provides proper guidance, availability and handholding until the job at hand is completed to the client’s satisfaction.”

Corporate M&A

“It has an effective, efficient and multidisciplinary team to handle corporate legal issues across the business world.”
“We like the hard-working partners who have domain expertise and handle local corporate, tax and antitrust issues well.”
“I would highly recommend ALMT Legal for its outstanding service in corporate M&A. The team has extensive knowledge and has an in-depth understanding of the issues. The lawyers are also very responsive and highly ethical. Not only do they offer practical and commercial advice that supports our organisational goals but they also handhold us through the entire process and regularly update us with government regulation and law changes.”

Labour and Employment

“The positive attributes are that they are happy to provide prompt and timely support, practical advice to the client, and they understand the client’s contexts and requirements.”

Aliff Fazelbhoy

“He has in-depth knowledge, clarity in explanation and is always available.

Rajat Bopaiah

“He is extremely knowledgeable, hard-working, accessible, and efficient.”

Chambers and Partners 2021 Edition

Corporate M&A - Chambers and Partners Asia Pacific 2021 Edition

What the team is known for: Has teams based in Mumbai and Bengaluru with expertise representing clients from the chemicals, catering, defence and consultancy industries. Collaborates with its tax and employment practices to advise on the setting up of companies, mergers and acquisitions, and foreign direct investment. Also well versed in management buyouts and taxation issues relating to banking and capital markets. Supported by a solid tax practice in transaction structuring.
A client commends both the quality and speed of the group’s work, stating: “Within a short time period they give detailed and well-structured answers.”
Aliff Fazelbhoy is deeply acquainted with the private equity sphere, and he can utilise this expertise on corporate matters. He is viewed as a “valuable” contact for his creditable advice and high levels of accessibility.
Viewed as a “great lawyer”, S R Arun is capable of overseeing a range of corporate, private equity and venture capital-related mandates.

Employment

What the team is known for: Full-service employment offering, well versed in social security and employment law compliance, as well as immigration and exchange control issues. Also handles employment disputes, including advising on terminations of high-level executives. Notably active on behalf of TMT clients, advising multinational clients as well as major domestic conglomerates.
Clients describe practitioners in the team as “accurate, confident, extremely transparent, fast to understand and fast to come up with solutions.”

Private Equity

What the team is known for: Respected team with longstanding experience advising promoter companies, funds, startups, angel and seed investors on all stages of the investment cycle. Recognised expertise handling early-stage investments by funds, the structuring and documenting of investments, acquisitions and devising exit strategies and frequently instructed by venture capital funds. Notably active on investments into the technology, pharmaceutical and food manufacturing sectors. Especially acts for Indian funds and companies.
A client reports: “We are very happy with their services. They have a lot of experience and know industry standards, which helps with negotiating the key points. They go beyond the legal stuff, making us think about the investments in general.”
“I find ALMT Legal very good in terms of quality, understanding and speed of delivery,”

Chambers and Partners Global 2021 Edition

Corporate M&A

What the team is known for: Respected team based in Mumbai and Bengaluru with expertise representing clients from the chemicals, consumer goods, manufacturing and telecommunications industries on a range of corporate transactions. Also offers long-standing experience advising promoter companies, funds, start-ups, angels and seed investors on all stages of the investment cycle. Recognised expertise in the setting up of new funds, the structuring and documenting of investments, acquisitions and devising exit strategies and frequently instructed by venture capital funds. Collaborates with its tax and employment practices to advise on the setting up of companies, mergers and acquisitions and foreign direct investment. Also well versed in management buyouts and taxation issues relating to banking and capital markets.
Aliff Fazelbhoy is well respected for his capabilities in cross-border transactions. He is appreciated within the market for his solid tax practice and knowledge of the tax implications of international M&A.

IFLR 1000 2021 Rankings

Corporate M&A

“Hard-working, responsive, efficient”
“They always provide insightful tips to ensure we stay in compliance with all applicable laws.”
“I would highly recommend ALMT Legal for their outstanding service in M&A. The team has extensive knowledge and has in-depth understanding of the issue. They are also very responsive and highly ethical. Not only do they offer practical and commercial advice that supports our organizational goals but also handheld us through the entire process and regularly update us with the government regulations and laws.”

Legal 500 2021 Edition

Tax

Aliff Fazelbhoy fields expertise in transfer pricing disputes, mutual agreement procedures, incentive plan structuring and withholding tax matters.

TMT

Statira Ranina is well-known for guiding emerging tech companies through the regulatory regime, in addition to assisting them with commercial agreements.
Siddhi Ghatlia is a go-to partner for TMT clients involved in corporate transactions, such as M&A.

Banking and Finance

Ryna Karani is known for drafting and negotiating loan agreements, including non-convertible debentures and external commercial borrowings.
Aliff Fazelbhoy often advises international banks providing loans to Indian companies and shows additional expertise in acquisition finance.

Capital Markets

SR Arun has a strong track record of advising companies seeking to access the Indian market through IPOs, QIPs, and follow-on offerings.
Rajat Bopaiah’s expertise includes assisting clients with debt and equity offerings on foreign stock exchanges, such as AIM and ASX.

Private Equity

“The team is very approachable and works very collaboratively with the clients. We work with them across multiple businesses and different functionalities, and everyone has a pleasant experience regardless of designation or role.” – Client Testimonial
Practice co-head Dhanya Menon recently handled high-value investment transactions into the pharmaceuticals sector
Aliff Fazelbhoy applied his extensive tax knowledge to multi-tranche investment structures and shareholder agreement negotiations in the sports and leisure sectors.

Real Estate

ALMT Legal has strength in assisting with the structuring of real estate development projects and investments in the sector, advising on tax efficient models and compliance issues.
Co-leader Sameer Tapia focuses on real estate transactions, including the sale and acquisition of land, as well as commercial and residential property.

Banking and Finance

Ryna Karani is known for drafting and negotiating loan agreements, including non-convertible debentures and external commercial borrowings.
Aliff Fazelbhoy often advises international banks providing loans to Indian companies and shows additional expertise in acquisition finance.

Asia Law Profiles 2020 Edition

Corporate M&A

“Outstanding service in corporate and M&A”

Investment Funds

“Prompt, balanced advice, pragmatic and realistic. Access to senior staff and domain specialists is readily available.”

Labour and Employment

“The advice provided is quite practical to implement as well as pertinent to the situation in a very timely manner. They handhold you till the entire process is completed and the outcome achieved. They provide you with the right sense of advice with pros and cons.”

Real Estate

“ALMT is incredibly responsive and dedicated to turning around work in an accurate and swift manner.”

Tax

“Highly ethical in all respects. They are very responsive and customer focused. Their advice is always for the long term and never for short immediate gains. Their clarity on the subject arising on account of experience and depth of research is their hallmark. They are also not money minded.”

Aliff Fazelbhoy

“Excellent depth and breadth of knowledge, positive approach, ease of access and communication, and has quick responses.”
“He is a senior partner who is easily accessible, he is responsive and dedicated.”

Statira Ranina

“She is highly ethical, and values driven. She is very responsive to our needs. Her depth of understanding of our company and needs and her clarity on the subjects that she advises us on is remarkable. Her advice is never ambiguous, always long-term and takes into account emerging scenarios, and also past experiences. She is extremely articulate, very communicative and accessible.”

Rajat Bopaiah

“He is good with negotiations and has extensive knowledge of corporate law.”

Legal 500 2020 Rankings

Banking and Finance

Aliff Fazelbhoy is known for advising international banks providing Indian companies with loans under the external commercial borrowing framework, and in acquisition financing transactions; he also has a wealth of expertise in high value M&A.
Ryna Karani is experienced in structured financing, restructuring and project financing, in India and overseas.

Corporate M&A

ALMT Legal’s ‘knowledgeable and experienced’ team predominantly carries out transactions in the technology, retail, real estate, micro finance and IT sectors, where they excel in terms of advising clients on transaction structuring, leveraging the firm’s tax and employment groups to provide well-rounded advice.
Aliff Fazelbhoy remains a very active member of the group, with a diverse skill-set that includes advising clients on applications for schemes of amalgamation before the NCLT, exchange control regulations, the rights and obligations of shareholders, and drafting master service agreements.
“We generally deal with Aliff Fazelbhoy and Ms. Statira Ranina. They stand out in respect of their knowledge and experience and also their straightforward approach.” – Client Testimonial

Labour and Employment

Aliff Fazelbhoy leads the labour and employment practice at ALMT Legal; he and associate Ahetesham Thaver are acknowledged for providing ‘high-quality’ legal advice across the spectrum of relevant issues.
“Gives good and thorough information regarding labour law and employment matters.”
“Aliff Fazelbhoy and Ahetesham Thaver are both very professional and understanding of client’s needs.”

Private Equity and Investment Funds

“The professionalism of the team is excellent.”
“Siddhi Ghatlia is a fine professional, always delivering immaculate work.”

Shipping

Assisting with pollution liability for oil, coal and ore cargoes is another area of expertise for the department which is led by Sameer Tapia.

Tax

Expertise in the direct tax field involves transfer pricing and loan structuring advice. Indirect tax expertise encompasses GST compliance, import duties and classification of taxable goods.
Practice heads Aliff Fazelbhoy and Statira Ranina bring significant experience to international tax matters.
Statira Ranina provides depth of research, clarity on the unique needs of the client, quickness of response and feasible and relevant solutions.

India Business Law Journal

Senior partner Aliff Fazelbhoy has been exceptional over the past six years,” “They are attentive, super logical, effective, responsive and can see the solution out of complex issues.” – Nicholas Stone, the global real estate leasing and project manager at Mavenir Systems

ALMT Awards & Testimonials 2025

Our Recognitions & Achievements

Asia Pacific Legal 500 2025 Edition

Asialaw 2024 Edition

Chambers and Partners Asia Pacific 2025 and 2024 Edition

IFLR 1000

The India Business Law Journal

Legal Era Awards 2024

2025 Corporate INTL Global Award

Leaders in Law Global Award 2024 – 25

Leaders League 2025 and 2024

2025 and 2024 Global Law Experts Annual Awards

Global Business Magazine Awards 2025

Global 100 2024

Corporate America Today 2024

Asian Legal Business

LawWiser

Venture Intelligence Award

IE100 2023 Award

Legal 100 Asia 2023 Edition

2023 Global Advisory Experts Annual Awards and Leaders in Law 2023 Global Awards

2023 Lawyer Network Annual Awards

Forbes India Legal Powerlist

Forbes India Legal Powerlist

Asian Legal Business Rising Star 2022 list

Milestones of Excellence

1. ALMT Legal advised SIDBI Venture Capital Limited on its investment in Zerund Manufacturing Private Limited.

2. ALMT Legal advises Lumina Datamatics on acquisition of TNQ Tech

3. ALMT Legal advised Zulekha Healthcare Group, UAE (ZHG) on the sale of Alexis Hospital in Nagpur to Max Healthcare

4. Bar and Bench and other coverage (various deals)

5. Partner Promotion/ Hires

6. Articles

What Our Clients Say

Chambers and Partners

Asia Law Profiles 2024 Edition

Legal 500 Asia Pacific 2025 Edition

Chambers and Partners

Asia Law Profiles 2023 Edition

Legal 500 2024 Edition

Chambers and Partners 2023 Edition

Asia Law profiles 2022 Edition

Legal 500 2023 Edition

Asia Law 2021 Edition

Chambers and Partners 2021 Edition

Chambers and Partners Global 2021 Edition

IFLR 1000 2021 Rankings

Legal 500 2021 Edition

Asia Law Profiles 2020 Edition

Legal 500 2020 Rankings

India Business Law Journal

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