25+ years in corporate governance, transaction advisory and diligence, disputes, investigations and insolvency
India Leader of the Disputes and Investigations practice
Expertise in high profile and regulatory investigations in the U.S., Europe, ME, India and APAC
Mumbai
@alvarezmarsal
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Dhruv Phophalia is a Managing Director with Alvarez & Marsal in Mumbai, and leads the firm's India Disputes and Investigations practice. He brings more than 25 years of experience advising organizations and investors across the globe on corporate governance, transaction advisory and diligence, disputes, bankruptcy, risk management, investigations, data analytics, digital forensics and regulatory matters.
Mr. Phophalia has advised clients across a range of industries, including consumer products, financial services, infrastructure, life sciences, manufacturing, media and entertainment, natural resources, telecom and technology. He brings deep expertise in conducting forensic investigation engagements for boards, audit committees and senior managements of multinational and domestic companies. This includes investigations covering regulatory matters, intellectual property and data theft, procurement frauds, revenue recognition and improper accounting practices, antitrust, embezzlement of funds, misuse of corporate assets and improper dealings with third parties.
Additionally, Mr. Phophalia’s experience in investment transaction situations includes enhanced due diligence, corporate governance and compliance programs, regulatory compliance and analytics-driven insights. He has also advised companies in their acquisitions of targets that were undergoing insolvency and bankruptcy proceedings in India and global investors on contentious matters involving portfolio companies and exits.
Mr. Phophalia has advised clients on several domestic and international litigation and arbitration matters involving expert witness engagements, buy-sell disputes, construction contracts, claim for damages and royalties and bankruptcy-related matters.
Prior to joining A&M, Mr. Phophalia served as Senior Director (Partner) with Deloitte. He spent more than 10 years in Deloitte's U.S. office, and was seconded to Mumbai to set up its forensic and dispute services practice in India.
Mr. Phophalia earned both bachelor and master of commerce in accounting degrees from the University of Mumbai and an MBA in finance from the University of Pittsburgh.
In this article, Dhruv Phophalia and Akshay Kale outline key governance risks investors must be aware of and provide strategies for adopting an operational approach to corporate governance due diligence.
Alvarez & Marsal (A&M) India has announced the appointment of Chandra Prakash Suryawanshi as Managing Director within its Disputes and Investigations practice. This strategic addition reflects A&M’s commitment to strengthening its expertise in cyber risk advisory, cyber resilience and cyber incident response.
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Our latest report showcases the survey findings and outlines actionable strategies for funds and portfolio companies. This report reveals how ESG can serve as both a risk mitigator and a lever for sustainable value generation in the region.
Latest insightsThe latest insights from Dhruv Phophalia's team
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