BANKING FINANCE AND INSURANCE

We are one of the well known law firms in India rendering legal services in various aspects of the banking and financial sector. We advise domestic and international financial companies, institutions and banks including non-banking financial companies on securitization laws, securities, derivatives, restructuring, banking and insolvency, asset finance, project finance and insurance. Our attorneys possess significant experience with legislations and regulations concerning securities, securities transfers and privacy, including collection, use and disclosure of information in a financial context.

Our Firm advises its clients on provisions under the Banking Regulation Act, 1949 and notifications issued by the RBI. Our Firm also advises clients on structuring of foreign investments in the banking sector in India including foreign exchange regulations under FEMA.

Services rendered by our Firm in the financial sector include acquisition finance, project finance, legal opinions, drafting escrow, consortium, mortgage, pledge and lien agreements and loan agreements, credit & security documentation. Our Firm also deals in securitization of assets, cases with respect to dishonor of cheques, debentures, guarantees and other forms of securities, etc. Our Firm represents Citi Financial Consumer Finance India Ltd., a leading NBFC in India in civil and criminal litigation, consumer matters and arbitration.

Our Firm deals in all matters connected with DRT, ADRT and Securitization Act including drafting of DRT replies, counter-claims, counter-suits, suits, writ petitions, etc. Our Firm represents financial institutions such as ICICI Bank, Corporation Bank, Dena Bank, Canara Bank and various private equity investors and financial sponsors like Planman Financial for finance of corporate mergers and acquisitions, equity investment, distribution of IPOs, etc.

Our Firm also assists its clients in complying with RBI regulations, company laws, capitalization norms and acquiring required statutory approvals. Our Firm has advised Dawnay Day AV Securities Pvt. Ltd., Zwirn Pragati Capfin. Pvt. Ltd and Kotak Mahindra in raising funds through QIPs, issuance of commercial papers, net owned fund, fit and proper norms, capital adequacy norms, ceiling on credit investment concentration, know your customer norms, repossession of the assets on default, etc. We also advise them on bank finance, mode of employment, facilitated regulatory clearances and facilitate entry routing and business set-up of various multinational companies.

The insurance sector has also been fast developing. Our Firm deals in insurance and financial institutions regulations. We provide legal advice and representation related to Insurance Laws as well as address insurance and reinsurance coverage issues arising out of a wide variety of claims, including bad faith claims, environmental related claims, construction defect claims, construction bodily injury claims, personal injury claims, employment-related claims, product liability claims, professional liability claims, general liability claims and claims related to storm, fire, water losses, etc.

Our Firm’s finance practice represent lenders, underwriters, arrangers, borrowers and other clients in their various roles in financing transactions and provide reasoned and timely advice concerning mergers and acquisitions, leveraged buyouts, tender offer financings, joint ventures, and other credit transactions. We also deal in obtaining licensing and regulatory approvals for unit trusts and investment companies.