The firm's practice spans direct and indirect taxation, corporate and business laws, transactions, real estate, dispute resolution, regulatory compliance, and General Counsel advisory.
The firm advises on all aspects of direct taxation under the Income Tax Act, 1961. This covers corporate and individual tax planning, advice on residential and source of income questions, and the tax implications of transactions, investments, and business structures.
For businesses, the firm advises on the tax efficiency of operating structures, intra-group arrangements, related-party transactions, and transfer pricing. The firm assists with preparation and filing of income tax returns and advises on TDS compliance, advance tax computation, and deferred tax matters.
In assessment proceedings, the firm represents clients before Income Tax Officers and Assessing Officers, and handles scrutiny assessments, best judgement assessments, and search and seizure matters. On the appellate side, the firm represents clients before the Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal (ITAT).
For transactions, mergers, acquisitions, demergers, and business transfers, the firm provides transaction-specific tax advisory, covering the tax treatment of consideration, capital gains implications, and post-transaction obligations under the Act.
The firm's indirect tax practice covers the full spectrum of Goods and Services Tax (GST) advisory and compliance. This includes GST registration and structuring advice at the inception of a business or on a restructuring, classification and valuation of goods and services, and advice on the place and time of supply.
Input tax credit (ITC) eligibility, reconciliation between GSTR-2A/2B and books, and ITC reversal on exempt supplies are areas the firm regularly advises on. The firm assists with preparation and filing of GST returns and manages periodic compliance for business clients across sectors.
In departmental proceedings, the firm handles responses to show-cause notices, departmental audit queries, and anti-evasion inquiries. The firm represents clients in appeals before the GST Appellate Authority and before the GST Appellate Tribunal. The firm has handled legacy proceedings and final orders before CESTAT (Customs, Excise and Service Tax Appellate Tribunal) on service tax and customs matters.
For clients in the construction and infrastructure sector, the firm advises on the complex GST framework applicable to works contracts, EPC contracts, and fit-out arrangements, including the distinction between supply of goods and supply of services, composite and mixed supplies, and the GST treatment of retention amounts and mobilisation advances.
TGP Advisors advises on a broad range of corporate and business law matters under the Companies Act, 2013, the LLP Act, 2008, and related legislation. This includes the formation and structuring of companies and LLPs, the drafting of Memoranda and Articles of Association, and the preparation of statutory filings with the Registrar of Companies.
The firm drafts and reviews shareholders' agreements, joint venture agreements, partnership deeds, and LLP agreements, covering governance rights, reserved matters, drag-along and tag-along provisions, anti-dilution arrangements, and exit mechanisms. For family-owned businesses and promoter groups, the firm advises on holding structures, inter-se arrangements between promoters, and succession planning in a business context.
On FEMA and RBI compliance, the firm advises on inbound foreign direct investment, equity issuance to foreign investors, valuation compliance, FCGPR and FCTRS filings, and on outbound investments and External Commercial Borrowings. The firm advises technology ventures and startups on FEMA-compliant structures for receiving foreign investment.
The firm drafts and reviews commercial contracts across a range of arrangements, supply agreements, service agreements, distribution and agency arrangements, EPC and construction contracts, licensing agreements, non-disclosure agreements, and retainer arrangements. The firm advises on the enforceability and risk allocation in commercial contracts and assists in negotiation of key commercial terms.
The firm provides legal advisory on mergers, acquisitions, joint ventures, and strategic investments. Instructions are taken from both buyers and sellers, and from investee companies receiving investment from private equity, venture capital, and strategic investors.
On the buy-side, the firm conducts legal due diligence covering the target's corporate records, material contracts, regulatory licences and status, outstanding litigation, intellectual property, real estate title, and employment arrangements. The firm produces due diligence reports that identify legal risks, title issues, and conditions to closing.
On the sell-side and investee side, the firm assists with preparation for legal due diligence, structuring of representations, warranties, and indemnities in transaction documents, and ongoing legal support through closing. The firm drafts and negotiates Share Purchase Agreements, Business Transfer Agreements, Asset Purchase Agreements, and Shareholders' Agreements.
For transactions involving promoter-level restructuring, the firm advises on pre-transaction structuring, family settlement arrangements, transfer of business between group entities, and the legal mechanics of demergers and slump sales. The firm coordinates with tax advisors on the tax treatment of transaction structures and assists in seeking necessary regulatory approvals.
The firm's real estate practice covers residential, commercial, and mixed-use transactions across acquisition, development, leasing, and financing. The firm has particular familiarity with the Karnataka real estate market and relevant state laws.
Title due diligence is a core part of the practice. The firm examines title documents, sale deeds, gift deeds, partition deeds, court decrees, encumbrance certificates, revenue records, Pahani and RTC extracts, mutation entries, conversion orders, and layout approvals. The firm prepares title opinions identifying gaps and risks in title, and advises on steps to cure title defects. The firm is familiar with the Karnataka Land Reforms Act, Karnataka Apartment Ownership Act, BBMP and BDA regulations, and applicable provisions of the Transfer of Property Act and Registration Act.
The firm drafts and reviews development agreements, joint development agreements (JDA), sale deeds, agreements to sell, lease deeds, leave and licence agreements, and maintenance agreements. For joint development arrangements, the firm advises on the allocation of development rights, revenue sharing, obligations of the landowner and developer, and dispute resolution provisions.
On RERA compliance, the firm advises developers on project registration, disclosure obligations, escrow requirements, and allottee rights under the Real Estate (Regulation and Development) Act, 2016. The firm also advises buyers and allottees on their rights and remedies under RERA in the event of project delays, defects, or developer defaults.
The firm provides legal advisory and support in commercial disputes, covering pre-dispute risk assessment, pre-litigation strategy, and management and conduct of arbitration proceedings.
At the pre-dispute stage, the firm advises clients on the legal position on a dispute, the options available, negotiation, mediation, arbitration, or litigation, and the costs, risks, and likely outcomes of each path. The firm assists clients in gathering and preserving evidence, reviewing the relevant contracts and documentation, and formulating a commercial and legal strategy.
The firm drafts legal notices, demand letters, and responses to notices in commercial matters, for payment disputes, breach of contract matters, warranty and defect claims, and termination and exit disputes. Notices are drafted to protect the client's legal position and, where possible, to create conditions for a negotiated resolution.
In arbitration proceedings under the Arbitration and Conciliation Act, 1996, the firm provides advisory and drafting support, drafting statements of claim and defence, witness statements, document briefs, and legal submissions. Where court representation is required, the firm coordinates with litigating advocates and briefs counsel appropriately. The firm advises on arbitration clauses in contracts to ensure they are enforceable and suited to the nature of the arrangement.
The firm advises businesses on regulatory compliance across central and state frameworks, covering employment and labour laws, factory and industrial regulations, foreign investment compliance, and sector-specific licensing.
Under the Factories Act, 1948 and Karnataka Factories Rules, the firm advises manufacturing clients on compliance requirements including OT authorisation and limitations, leave entitlements, welfare officer and safety committee obligations, and the distinction between regular overtime and statutory overtime. The firm advises on the process for obtaining factory licences, plan approvals, and periodic renewals.
For clients receiving foreign investment, the firm advises on ongoing FEMA compliance, annual filings with the RBI, compliance with FDI policy conditions, downstream investment restrictions, and reporting obligations under the Companies Act and FEMA on changes in foreign shareholding. The firm advises on repatriation of funds, inter-company loans and guarantees with a cross-border element, and External Commercial Borrowings.
On employment and labour law, the firm advises on the enforceability of employment terms, including non-compete, non-solicitation, and confidentiality clauses, the requirements of applicable shops and establishment legislation, ESOP structuring and compliance, and the legal framework for employee terminations and exits. The firm advises on POSH compliance, internal committee constitution, and inquiry procedures.
For several clients, TGP Advisors functions as the external General Counsel on a retainer basis. Under this model, the firm provides integrated, ongoing legal support that covers the full range of a business's day-to-day legal requirements, without the client needing to maintain a full-time in-house legal team.
A typical GC retainer mandate covers: day-to-day legal advisory on business decisions and transactions; review and negotiation of commercial contracts; support on corporate governance, board resolutions, and statutory compliance; management of regulatory filings and licence renewals; oversight of external counsel on litigation and specialised matters; legal input on HR matters including employment contracts, exits, and POSH; and legal review of correspondence with regulatory and government authorities.
The firm currently serves clients in construction and interior fit-out, furniture manufacturing, and technology on a GC retainer basis. For each, the firm is embedded in the decision-making process, attending management meetings where relevant, reviewing proposals and contracts before execution, and flagging legal risk on decisions before they are acted upon.
This model is suited to mid-sized businesses, promoter-led companies, family offices, and early-to-mid stage technology ventures that require regular, trusted legal counsel but for whom the cost of a full-time in-house team is not justified. The retainer is structured to provide a defined scope of coverage with clear escalation for matters requiring dedicated time and resources.