S&R Associates is an Indian law firm with offices in New Delhi and Mumbai providing legal services to Indian and international clients.
Our lawyers are admitted to practice in India and many have previously practiced law in other jurisdictions, including in the United States, the United Kingdom and Singapore. As a result, we offer our clients a unique combination of Indian law expertise coupled with international quality legal services.
We distinguish ourselves based on the quality of our services and legal advice and on the range of our experience. Our lawyers have advised on some of the most significant Indian transactions and matters in recent times. The quality of our legal advice and services has helped us become the law firm of choice for our clients and has also been recognised by various industry publications, surveys and rankings. Lawyers in each of our practice areas have routinely been recognised as leading lawyers in India by Chambers Global, Chambers Asia Pacific, IFLR1000, Legal500 and RSG India Report.
Recent Publications
Unlocking India’s Inland Water Transport Potential: Analysis of the National Waterways (Construction of Jetties/Terminals) Regulations, 2025
Inland water transport (“IWT”) in India holds immense potential as a cost-effective, environmentally friendly alternative for the movement of goods and passengers. With a vast network of approximately 14,500 km of navigable rivers, canals, and backwaters, India’s inland waterways offer a strategic advantage for long-haul transportation. However, IWTs currently constitute a fraction of the overall inter-modal transport mix. In order to create a conducive environment for development of inland water terminals in India, the Ministry of Ports, Shipping and Waterways has recently enactedthe National Waterways (Construction of Jetties/Terminals) Regulations, 2025.This note provides a detailed analysis of these regulations.
MahaRERA Issues Key Circular on Execution of Deeds of Cancellation
Defaults by allottees in making timely payments continue to pose serious challenges for real estate promoters, often resulting in stalled inventory, disrupted cash flows, and project-level financial stress. While the Real Estate (Regulation and Development) Act, 2016 permits cancellation of allotments in accordance with the agreement for sale, the absence of a clear statutory mechanism for giving effect to such cancellation—particularly where allottees refuse to cooperate—has led to prolonged deadlocks. Addressing this long-standing procedural gap, the Maharashtra Real Estate Regulatory Authority (“MahaRERA”) has now issued a significant circular prescribing a standard operating procedure for execution and registration of deeds of cancellation. This note examines the background to the Circular, the judicial developments that prompted it, and its practical implications for promoters, allottees, and registering authorities.
Regulatory Compliance Calendar for Category III AIFs
The regulatory compliance calendar sets out key regulatory compliance requirements (both periodical and event-based) for Category III AIFs under SEBI regulations and other important applicable laws in India.