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Hirak Mukhopadhyay

Hirak Mukhopadhyay

, NCR

Counsel |

education

  • BA., LLB (Hons.), National Law Institute University, (NLIU), Bhopal

Hirak Mukhopadhyay is a Counsel in the Corporate & Commercial practice group.

Hirak brings extensive expertise in Corporate and Commercial law, focusing on regulatory matters including those governed by the Foreign Exchange Management Act, 1999, FDI Policy, and approvals procurement. He specialises in guiding clients through mergers & acquisitions, both domestically and internationally, alongside advising on domestic and cross-border Joint Ventures.

Hirak has extensive experience in Corporate and Securities laws and Foreign Exchange laws including overseas investments, liberalized remittance scheme, white-collar investigations, disinvestment/spin-offs, and share/asset and slump sale transactions and has expertly guided clients on cross-border investment strategies, overseeing joint ventures, mergers/demergers/restructuring, and court arrangements.

Professional Affiliations

  • Bar Council of Delhi

Representative Matters

Hirak Mukhopadhyay has represented and advised the following clients

Hindustan times group on their internal restructuring;

HT Media group on an acquisition of Radio One through a composite scheme of arrangement;

CDE group on a cross border merger;

The Minda group on acquisition of Harita group companies through a composite scheme of amalgamation and arrangement;

The Fortum group on their internal restructuring. Advised Rolls Royce group on restructuring involving the merger of various group entities in order to simplify the Indian group structure;

Inox group on their restructuring and amalgamation of Satyam Cineplexes Limited with Inox Leisure Limited;

OCL India Ltd and other Dalmia group companies in connection with their group restructuring and implemented such restructuring;

Dalmia Group on their internal restructuring;

CK Birla group on their internal restructuring,

Cambridge University Press India Private Limited and Foundation e-earning Private Limited on the Scheme of Amalgamation;

Adventz Group on a scheme involving demerger (along-with substantial investments in listed and unlisted companies) and merger amongst group companies;

Reliance Group on one of the largest fast track mergers involving merging of 43 companies with their parent entity;  

Siemens group on restructuring involving the merger of various group entities in order to simplify the Indian group structure.

Club Factory on (i) structuring e-commerce operations in India in the most tax efficient and FDI Policy compliant manner and on all the aspect of doing e-commerce business in India (ii) regulatory aspects of Indian ecommerce sector; (iii) incorporation of multiple subsidiaries in India; (iii) general aspects related to setting up business in India, including corporate compliances;

Bytedance on regulatory issues in India surrounding Tiktok app.;

ESR on regulatory inputs on formation of new funds / entities and assistance in various transactions in India;

Confidential e-commerce entity on investigations on possible unethical conduct by employees;

Confidential hospitality on investigations on possible fraudulent conduct by employees;

Xiaomi Group on compliance requirements for collection and transfer of customer data and employee data, as per the data protection laws of India;

Xiaomi Technology India Private Limited on general corporate work, including distribution agreements, aftersales agreements, and platform licence agreements;

Microsoft on seeking necessary regulatory approval for foreign direct investment in the telecom sector;

Beam Suntory on regulatory implications in respect of retail sale of alcoholic beverages (including norms surrounding surrogate advertising);

British Telecom on seeking necessary regulatory approval for foreign direct investment in the telecom sector;

Confidential Korean Chaebol in responding to money laundering allegation levelled against representative office;

Confidential Indian Media Conglomerate in ED enquiries in respect of the Panama Papers / Moseck Fonseca data breach issue;

Confidential Indian Bank in responding to ED summons in respect of case registered by homebuyers against the Amrapali Group alleging siphoning off of funds;

Confidential Indian steel & power conglomerate on several matters with the ED over last 7 years;

Gland Pharma Limited as legal counsel as to Indian law to Shanghai Fosun Pharmaceutical (Group) Co., Ltd and Fosun Pharma Industrial Pte. Ltd, in the initial public offering of equity shares of Gland Pharma Limited;

Advised on multiple approvals under Press Note 3 of 2020;

  • City Football Group
  • Bank of Baroda
  • Shopup group
  • AI Pharmed Consultancy India Limited
  • ZCL Chemicals Limited
  • Confidential Indian retail client
     

Advised several corporates in relation to compliances pertaining to foreign direct investment including;

  • Reliance Brands Limited
  • City Football Group
  • IIFL investments
  • Sanofi
  • Eucare Pharmaceuticals
  • Elanco
  • Ringcentral
  • Ubiquity
  • Maj Invest
  • Ryohin Keikaku Co., Ltd
  • Nippon Life Insurance Company
  • Aurobindo Pharma Limited
  • Lupin Limited
  • Solairedirect Energy India Private Limited
  • Solutions Infini Technologies (India) Private Limited
  • Advent group
  • Famy group
  • Forever Living Imports (India) Private Limited
  • India RF

USAID on structuring of grant arrangements focusing on impact investing;

Snap Inc on reviewing and advising sales agreements;

Qualcomm on restructuring involving the merger of various group entities in order to simplify the Indian group structure;

Manipal Health Enterprises Private Limited on 100% acquisition of Columbia Asia Hospitals Private Limited;

China Petroleum on India entry and establishing of local project office in India;

Coal India on the largest Offer for Sale in India as well as advising on share buyback;

Dyson on regulatory compliances in respect of single brand retail trading operations in India;

HT Media Limited on its acquisition of controlling stake in Next Mediaworks Limited and Next Radio Limited;

Hadek Protective Systems bv on public procurement process in India and assisting in requisite regulator registrations;

Sustainable Access to Market and Resources for Innovative Delivery of Healthcare on the Healthcare Blended Finance Facility;

Hindustan Cleanenergy Limited and Hindustan PowerProjects Private Limited on the sale of its subsidiaries and other solar assets to MAIF Investments India 2 Pte Ltd and MAIF Investments India Pte Ltd;

Jindal Steel & Power Limited, on long term export arrangements, and supply agreements;

Several corporates and/or providing legal opinion on various issues pertaining to provisions of Companies Act/ FEMA / FDI regime/ Income Tax, including:

  • Dalmia Bharat Group
  • Hindustan Times group
  • Schlumberger
  • Advent group
  • JK Group
  • Jindal Group
  • SIEMENS