About Us

Acuity Law

A full-service corporate law firm headquartered in Mumbai, advising domestic and international clients across the complete spectrum of corporate legal work.

Firm Overview

Acuity Law is a full-service corporate law firm headquartered in Mumbai. We advise domestic and international clients on the complete spectrum of corporate legal work, from complex cross-border mergers and acquisitions, private equity and venture funding, and capital markets transactions, to tax, employment, dispute resolution, insolvency, real estate, and global trade and customs.

The firm was founded on a straightforward conviction: that good legal advice is inseparable from a genuine understanding of the business, the transaction, and the people involved. Over more than two decades of practice, that conviction has shaped everything we do, from how we structure a deal to how we approach a client relationship.

Our practice spans ten areas of law, and we regularly act in matters that draw on several of them simultaneously. Our clients include Indian and multinational corporations, private equity and venture capital funds, family offices, financial institutions, government entities, and individual promoters and founders navigating some of the most consequential decisions of their professional lives.

Our transaction track record spans the full range of corporate complexity. We advised Nippon Steel Corporation in the landmark Essar Steel insolvency resolution, one of the largest corporate restructurings in India's legal history, and are equally engaged advising founders and early-stage funds on their first investments. The stakes differ. The rigour does not.

Our People

Souvik Ganguly, Founder and Managing Partner of Acuity Law

Souvik Ganguly

Founder & Managing Partner

The firm is led by Souvik Ganguly, who brings over 25 years of experience in M&A, private equity, corporate governance, employment law, insolvency, and commercial arrangements. Souvik is a member of the Bar Council of Delhi and the International Bar Association, qualified as a Solicitor of England and Wales in 2005, and has been named a Distinguished Fellow at GNLU's Centre for Corporate and Insolvency Law.

He has spoken at the American Bar Association's Asia-Pacific Conference and contributed to publications at various journals including with the International Bar Association, and Verlag C.H.Beck GmbH & Co.

Our partners and advisors bring deep specialisation across corporate law, direct and indirect tax, real estate, and dispute resolution. The firm's Japan Desk is supported by a full-time Japanese employee stationed in Mumbai and a dedicated team of advisors based in Japan, a capability that few Indian law firms can genuinely offer, and one that reflects the firm's long-standing commitment to Japan-India business.

The Story

Founded 7 October 2011

Acuity Law was founded on 7 October 2011. Souvik Ganguly was the first, and for some time the only, member of the firm.

The decision had not been taken lightly. Souvik was called to the Bar in 2001 and spent the next decade practising across the full range of the legal profession: large Indian firms, smaller domestic practices, a mid-size firm, and an international firm in the Middle East. Each environment taught something different about how legal practice works, how clients think, and what it takes to be genuinely useful over a long career. By 2011, he had arrived at a quiet but firm conclusion: that to grow as a lawyer, not merely in seniority but in genuine usefulness to clients, he would have to re-examine his entire approach from the ground up. The institutional certainty of big law, its weight and momentum, is real and comfortable. He decided it was not enough.

Starting a practice alone is not dramatic in the retelling. It is, however, demanding in the living of it. The early years required the full range of what legal work actually involves: originating mandates without an institutional name behind you, building trust with clients slowly and on the merits, and delivering the legal work while simultaneously building everything else. There is no shortcut available to any of it, and there should not be. The effort is the point.

What has grown from those beginnings is a team. A group of lawyers and advisors who share the conviction that a practice built on genuine expertise, continuous learning, and an honest relationship with clients is worth what it costs to build. The Japan Desk, which is among the most distinctive features of Acuity Law today, reflects the same disposition: it was not assembled for convenience but developed over years of sustained engagement with Japan-India cross-border work. It takes time to build something that actually means something. That has been, from the beginning, the consistent choice.

The firm's working motto: time well invested over a long period of time will always provide the outcomes worth living for.

Our Approach

Understanding the Human Requirement

Every transaction has a legal structure. But behind that structure is always a person: a founder who has built a company over her prime lifetime and is now navigating its sale; a promoter who is bringing in a new investor for the first time and is uncertain what that means for control; a fund manager who must balance fiduciary obligations with commercial urgency; an executive team facing a restructuring that will determine the future of hundreds of employees. These are not abstractions. They are the reality of what our clients are living through when they come to us.

Understanding the business requirement is necessary. Understanding the human requirement is essential. We do not regard these as separate exercises. When we take a brief, we try to understand not just what the client needs legally, but what they are actually trying to achieve, what they are worried about, what outcome would constitute success for them and what would not. A transaction may be legally flawless and commercially misaligned. Our job is to help our clients arrive at solutions that are both.

Law Does Not Sit in Compartments

A client comes to us with what appears to be a corporate law question. In practice, the answer may depend on how the transaction is taxed, whether the employment structure survives a change of control, how a particular asset is treated under FEMA, what the regulatory exposure is under the Competition Act, and how the insolvency risk of a particular counterparty affects the deal timeline. The solution is rarely found in any one practice area. It is found at the intersection of several.

This is why we are structured the way we are. Our practice areas are not silos. They are connected disciplines that our lawyers navigate together. In any significant matter, the corporate lawyer, the tax adviser, the employment specialist, and the disputes team are in dialogue from the outset, not brought in sequentially. The client receives a single, coherent view, not a series of opinions that they are then left to reconcile.

Context is Everything

A statutory provision tells you what the law says. It does not tell you what it means for your client, in their industry, in the current economic and regulatory environment, in the geopolitical context in which their business operates, or in the social and institutional setting in which any dispute or transaction will ultimately be resolved.

We believe that legal advice which ignores these dimensions is incomplete advice. A cross-border transaction involving a Japanese acquirer and an Indian target is not simply a matter of FEMA and the Companies Act. It is also a matter of understanding how Japanese corporate culture, decision-making processes, and risk appetite interact with Indian commercial practice and regulatory reality. A restructuring in a sector facing political headwinds requires legal advice that is sensitive to regulatory direction, not just regulatory text. An employment matter in a technology company in 2026 cannot be resolved without understanding how gig economy regulation is developing and what courts have been saying about it.

We bring that context to every matter we handle. We read widely, we think carefully, and we do not treat any transaction as routine, because for our clients, none of them are.

Awards & Recognition

Acuity Law has been recognised by the leading independent legal rankings and awards bodies, across practice areas and geographies. We regard external recognition as a useful signal of consistency, but it is the outcomes we achieve for our clients that we are proudest of.

Indian Business Law Journal Legal 500 IFLR1000 Benchmark Litigation Asian Legal Business Venture Intelligence ALB Japan Law Awards

Awards & Rankings

YearPublicationCategory / Notes
2025Indian Business Law Journal (IBLJ) Law Firm AwardsWinner — Mergers & Acquisitions
2024–25IFLR1000Notable Practitioner – Souvik Ganguly
2024Asian Legal Business, Japan Law AwardsFinalist — Japan Practice Asian Firm of the Year
2024Legal OneMeritsExemplary — Big Charter interim reliefs before Delhi High Court
2024Legal OneMeritsRemarkable — SBS Holdings: interim measures against arbitration third-party funder in India
2024Benchmark Litigation IndiaTier 5 — Commercial Transactions; Other Notable — International Arbitration and Insolvency
2024Benchmark Litigation Asia PacificRecommended Law Firm
2024Indian Business Law JournalNotable Precedent — Deal of the Year 2023
2024Legal 500 India Rankings (Mumbai)Tier 2 — Commercial, Corporate, M&A, TMT, Banking & Finance, Dispute Resolution
2024Legal 500 India RankingsTier 6 — Private Equity and Investment Funds
2023Venture IntelligenceRanked #1 Legal Advisor (Food & Beverage) — M&A
2023IFLR1000 IndiaOther Notable — M&A, Private Equity, Restructuring & Insolvency
2023IFLR1000 IndiaOther Notable — Banking
2023Legal 500 India Rankings (Mumbai)Tier 1 — Technology, Media & Telecommunications (TMT)
2023Legal 500 India RankingsFirms To Watch — Private Equity and Investment Funds
2023IBLJ India Law Firm AwardsWinner — Foreign Direct Investment
2023Asian Legal Business India AwardsFinalist — India Deal Firm of the Year
2022Asian Legal Business India AwardsFinalist — 5 categories: Arbitration, Boutique, India Deal, Labour & Employment, Tax
2022–20IFLR1000 IndiaOther Notable — M&A, Private Equity, Restructuring & Insolvency (four consecutive years)
2020IFLR1000 India AwardsWinner — Deal of the Year, Restructuring & Insolvency: Essar Steel (~USD 5.9 billion)

Rankings from Legal 500, IFLR1000, Benchmark Litigation, and Asian Legal Business are based on independent research, client interviews, and peer review. Acuity Law does not pay for rankings.

Location

Acuity Law is based entirely in Mumbai, India's financial capital and the centre of its corporate and capital markets activity.

We made a deliberate choice to remain a single-office firm. We do not believe that opening offices in every city makes a firm better; in our experience, it disperses attention, dilutes quality, and creates incentive structures that do not always serve the client. What matters is not where our lawyers sit. It is how well they know the law, how clearly they think, and how reliably they deliver.

In practice, we advise clients across the full breadth of India and in cross-border matters spanning multiple jurisdictions. The locations below reflect some of our recent engagements involving our disputes, corporate, capital markets, tax and insolvency practice areas, whether through direct representation, association arrangements with local counsel, or in coordination with our international network.

India

  • Mumbai (Headquarters)
  • Delhi / NCR
  • Bengaluru
  • Chennai
  • Hyderabad
  • Kolkata
  • Pune
  • Ahmedabad
  • Chandigarh
  • Aurangabad
  • Guwahati

International

  • Tokyo, Japan
  • Osaka, Japan
  • Singapore
  • London, United Kingdom
  • Johannesburg, South Africa
  • Bologna, Italy
  • Milan, Italy
  • Amsterdam, Netherlands

Our Office

B2-201, 2nd Floor
Marathon Nextgen Innova
Off Ganpatrao Kadam Marg
Lower Parel (West)
Mumbai 400 013
Maharashtra, India

Japan Desk

Acuity Law maintains a dedicated Japan Desk, staffed by Japanese advisors with expertise in India-Japan cross-border transactions, regulatory advisory, and commercial law. Our Japan Desk team works alongside our core practice groups and is supported by Japanese-language resources, including a bilingual newsletter and FAQ series.

For Japanese clients and counterparties, our Japan Desk provides a point of contact that bridges the cultural and legal distance between Indian and Japanese legal and business practice, an area where we have built a track record over many years.

Japanese clients may also contact us directly at: [email protected]