Panag Babu & Sarangi

PBS | Panag, Babu & Sarangi is a top-ranked national law firm advising boards, founders, global capital and public companies on their most consequential matters in India. The firm is consistently recognized for its judgment, specialism, discretion and excellence across practices and its lawyers are trusted in situations where outcomes define enterprises, reputations and markets.

PBS is built around three marquee practice groups — Complex Disputes & International Arbitrations; Governance, Investigations & White Collar Crime Defence and Technology Laws & Strategic Transactions.

The firm is engaged on high stakes transactions, complex regulatory advisory matters, bet-the-company disputes, boardroom crises and sensitive investigations, which need - bespoke, strategic and relentlessly outcome-driven advocacy. PBS's multidisciplinary teams and industry groups are deeply integrated and operate seamlessly across India, the Middle East and South Asia.

• White-collar crime
• Civil litigation
• Commercial arbitration
• Domestic and International arbitration
• Regulatory Disputes with Governmental / Statutory Authorities
• Insolvency
• Extradition Defence
• Labour and Employment

• India’s largest wind turbine manufacturers in relation to criminal and commercial disputes arising out of manufacture and supply contracts with claims of over USD 150 Million stemming from a case of fraudulent conduct on part of the counter party.
• On behalf of a prominent member of a national political party in criminal action being faced by him under India’s anti-bribery and anti-money laundering laws which allegations of fraud and bribery of over USD 25 Million being one of the most high profile anti-corruption and anti-money laundering cases in the country.
• In bail proceedings on behalf of senior management of an architecture firm in relation to criminal proceedings initiated by the Central Bureau of Investigation under the Prevention of Corruption Act, 1988.
• In bail proceedings on behalf of senior management of a medical devices manufacturing and supply company in relation to criminal proceedings initiated by law enforcement and anti-money laundering authorities.
• In bail proceedings on behalf of senior management of a Singapore based tech and e-commerce company in relation to criminal proceedings initiated by the law enforcement authorities.
• On behalf of a Fortune 500 company engaged in the manufacturing industry and members of their senior management in a matter arising out of bribery allegations which escalated into multiple criminal, regulatory and contractual proceedings across different jurisdictions in India.
• One of India’s most prominent infrastructure development companies in an arbitration with a governmental customer arising out of long term construction and maintenance contracts under the Public – Private participation model valued and the claims in the arbitration being valued at over USD 175 Million.
• India’s largest wind turbine manufactures in arbitration proceedings with respect to bank guarantees provided to a customer and the claims in the arbitration being valued at over USD 250 Million.
• One of India’s largest mutual funds in relation to a suit filed before the Bombay High Court in relation to claims over USD 25 Million against the mutual fund.
• A family of high-net-worth individuals involving claims of over USD 10 Million against an intermediary in the financial markets and initiated criminal prosecution and regulatory action against the said intermediary before the Economic Offences Wing, Directorate of Enforcement and the Securities Exchange Board of India and simultaneously pursued recovery proceedings before the Delhi High Court.
• One of India’s largest companies in the renewable energy space against vendors and suppliers who were disrupting the completion of contractual obligations by initiating criminal proceedings against them for criminal misconduct.

• Banking
• Construction and materials
• Energy
• Financial services
• Gaming
• Government and public policy
• Industrials
• Investment management
• Pharma and life sciences
• Social infrastructure

#30, 4^th Cross
4^th Block, Kumara Park Extension
Begaluru 560020
India
 
T: +91 80 2331 8866
E: info@pblawoffices.com
W: www.pblawoffices.com