JSA Law > New Delhi, India > Firm Profile

JSA Law
B 303, 3rd Floor, Ansal Plaza, Hudco Place, August Kranti Marg, New Delhi – 110049, Delhi, India
India

India > Banking and finance Tier 1

A number of domestic and international banks, financial institutions and private credit funds turn to JSA Law for advice on the full spectrum of domestic and international lending transactions. The team works closely with the firm’s capital markets and M&A practices to provide holistic advice to its clients. The practice is led by Aashit Shah, who has substantial experience in advising banks, NBFCs and borrowers on complex and bespoke financings in India. Dina Wadia regularly assists clients with debt restructuring and security enforcement assignments, while Utsav Johri specialises in acquisition finance transactions. Soumitra Majumdar, Tirthankar Datta and Anish Mashruwala are other key contacts.

Practice head(s):

Aashit Shah

Other key lawyers:

Testimonials

‘JSA Law’s practice in the banking and finance space is unique. The quality of knowledge and availability make the team capable of overachieving the targets. Under the guidance of Dina Wadia, all have been great in the field. The team is transparent to the client and ensures compliance at all levels.’

‘The JSA Law team has been punctual in all their deliveries and weekly meetings. They are precise and legally sound in helping the organisation in making business decisions.’

‘JSA Law is the go-to firm when it comes to development finance banking.’

‘JSA Law is a good firm with sufficient team strength.’

‘Soumitra Majumdar is truly transparent to the client, will put his view in the best possible way, will not budge under any kind of pressure.’

Key clients

State Bank of India

Standard Chartered Bank

Deutsche Bank AG

Ares Asia

Goldman Sachs

JP Morgan

Edelweiss Group

Nomura

Credit Suisse AG

ICICI Bank

HDFC Limited

Bank of Baroda

DBS Bank Limited

Sumitomo Mitsui Banking Corporation

Mizuho Bank

MUFG Bank

Tata Group

National Highways Infra Trust

True North

Neo Asset Management

360 One

Citigroup

British International Investment (formerly CDC Group Plc)

FMO

PROPARCO

JM Financial

Oldenburgische Landesbank Aktiengesellschaft

Indian Railways Finance Corporation

Summit Digitel Infrastructure Limited

Work highlights

  • Advised JP Morgan and funds managed by Oaktree Capital on a $900m financing to the Vedanta Group.
  • Advised Tata Power Delhi Distribution Limited on raising a financing of ₹1.5bn from Asian Development Bank.
  • Advised State Bank of India on a ₹10,238cr financing to Adani Group for the Ganga Expressway’s development in Uttar Pradesh.

India > Capital markets Tier 1

JSA Law possesses an experienced capital markets team that guides its clients through high-value IPOs, rights issuances and share allotments. The team has seen an increase in equity capital markets mandates and continues to advise domestic investors on the listing of companies in various sectors. Practice head Madhurima Mukherjee has substantial experience in advising on further offers, rights offers and qualified institution placements, and Dina Wadia, who leads the debt capital markets side, has vast expertise in assisting banks and large Indian corporates with raising debt capital in the Indian market. Arka Mookerjee focuses on the equity capital markets side and regularly assists issuers, merchant bankers and selling shareholders.

Practice head(s):

Madhurima Mukherjee; Dina Wadia; Arka Mookerjee

Testimonials

‘It’s by far the best legal team I have worked with: diligent and responsive.’

‘Arka Mookerjee is a star and is completely customer-oriented.’

Key clients

EXIM

Joint Lead Managers in the issue by Reliance Industries Limited

BPCL

State Bank of India

JM Financial Limited, A.K. Capital Services Limited, ICICI

Securities Limited, SBI Capital Markets Limited and Trust

Investment Advisors Private Limited

Prudent Corporate Advisory Services Limited

Indiabulls Real Estate Limited

Archean Chemical Industries Limited

Data Infrastructure Trust

DCX Systems Limited

India > Corporate and M&A Tier 1

India > Projects and energy Tier 1

At JSA Law, the team is highly experienced in handling instructions from the oil and gas, aviation, and roads sectors, and regularly represents stakeholders and governmental entities in the space. The group is adept at advising on transactional matters, complex cross-border M&A transactions and regulatory issues. Based in New Delhi, Amit Kapur advises on energy-related public procurements and transactions, while in Gurugram, Venkatesh Raman Prasad stands out for handling foreign investment and private equity funding in the energy and manufacturing space. Vishnu Sudarsan regularly assists with engineering and infrastructure issues, and Anupam Varma specialises in energy-related regulatory and policy issues.

Practice head(s):

Amit Kapur; Venkatesh R. Prasad; Vishnu Sudarsan

Other key lawyers:

Anupam Verma; Ashish Suman; Rahul Kinra; Shashank Vikram Singh; Kartikeya G.S; Abhishek Munot; Sugandha Somani

India > Antitrust and competition Tier 2

At JSA Law, the team has ‘up-to-date knowledge on all key competition issues‘. The group handles a wide spectrum of competition law matters, including abuse of dominance claims, cartel investigations, merger filings and contentious antitrust mandates. Practice head Vaibhav Choukse is ‘a strategic advisor‘ with extensive experience in advising on leniency matters and merger control mandates. Ela Bali, who was promoted to partner in April 2023, is ‘insightful with a keen understanding of client needs and gives practical advice‘ on competition compliance issues, dawn raids, and the competition aspects of commercial agreements. Senior associate Aditi Khanna and associate Faiz Siddiqui are singled out for their contributions.

Practice head(s):

Vaibhav Choukse

Other key lawyers:

Testimonials

‘The team is excellent, offering fresh, dynamic and commercial advice.’

‘Vaibhav is insightful with a keen understanding of client needs and gives practical advice, which shows his sensitivity to commercial realities.’

‘There were experienced lawyers at all levels. They really know their stuff, the intricacies of antitrust regulation and how the process actually works. They are also really responsive.’

‘Vaibhav Choukse has a strong commercial sense and client-centric approach which is dominated by practical considerations. He is extremely approachable. His approach is professional, and the quality is exceptional – all elements of a seasoned antitrust lawyer. Ela Bali is insightful with a keen understanding of client needs and gives practical advice, which shows her sensitivity to commercial realities.’

‘Vaibhav Choukse and Ela Bali are customer-friendly, have clear communication and are knowledgeable in their field.’

‘Vaibhav Choukse is a strategic adviser. Ela is an experienced lawyer.’

‘JSA is our go-to firm for antitrust advice. The team is really switched on and capable in extremely complex litigation – they are excellent at helping us to cut through tricky issues.’

Vaibhav is intelligent, balances litigation risks extremely well and tries hard to balance what the client wants with what is achievable to produce the best possible outcome.’

India > Dispute resolution: litigation Tier 2

JSA Law‘s ‘excellent’ disputes team has notable strength in commercial and regulatory disputes, handling multi-jurisdictional and multidisciplinary litigations for clients in a wide range of sectors, including the telecom, power, aviation, and infrastructure industries. Dheeraj Nair and Farid Karachiwala jointly head the team from New Delhi and Mumbai, respectively, and routinely handle a high number of corporate and commercial litigations. With several offices across the country, the group fields a large team that also includes Amar Gupta, Poonam Verma, and Divyam Agarwal in New Delhi.

Practice head(s):

Dheeraj Nair; Farid Karachiwala

Other key lawyers:

Testimonials

‘The firm delivers exceptionally and efficiently, with remarkable consistency. They have excellent disputes and corporate practices, which are able to deliver pragmatic, commercially sound, and well-rounded legal advice.’

‘I recommend them for their practical insights; ability to turn around work products speedily; and ease to work with. Amar Gupta and Divyam Agarwal have proved to be exceptional support for Disputes.’

India > Fintech and financial services regulatory Tier 2

Advising on payment aggregator regulations and prepaid payment instrument regulations stand out as recent areas of activity for JSA Law, whose team is also well placed to advise on alternative lending and payment platforms, blockchain enabled service offerings and a wide array of internet-related service offerings. The team is headed up by Probir Roy Chowdhury; the Bangalore-based lawyer is well placed to advise on outsourcing, payment structures and direct carrier billing systems. His colleague Yajas Setlur has a proven track record of advising on commercial transactions in the tech space.

Practice head(s):

Probir Roy Chowdhury

Other key lawyers:

Testimonials

JSA have a industry leading Fintech practice. I have worked with them on matters that need them to think out-of-the box and provide sound advice and practical solutions. They have not disappointed.

Key clients

Ola Money (OLA Financial Services Private Limited)

Samsung

Philips

Angel One

Think Analytics

Coda Payments

Datamesh Group

VeriFone

Euronet Worldwide

Pepsico

Minkasu

Retalio (Ayro Retail Solutions Private Limited)

SALT

Rupeek

Netflix

Airbnb

AU Small Finance Bank

Glance InMobi

Deutsche Bank

Jupiter Money (Amica Financial Technologies Private Limited)

Hypto (Wunderbaked Technologies Private Limited)

Riskcovry (UMBO InsurDataTech Systems Private Limited)

PayU Global B.V.

Credit Suisse

Giottus Technologies Private Limited

IMC International Shares Group Limited

Work highlights

  • Advised Euronet Worldwide in relation to its payment processing services in India.
  • Assisted the DataMesh Group in establishing its payment processing operations in India operations and helped kickstart its global expansion.
  • Advised Minkasu extensively on the launch of its mobile payments and authentication solution.

India > Private equity and investment funds Tier 2

India > Restructuring and insolvency Tier 2

The ‘exceptional’ Mumbai-based team at JSA Law is co-led by Aashit Shah, who has considerable experience with CIRPs under the IBC, alongside Varghese Thomas, an expert in debt recovery proceedings that regularly represents domestic as well as international banks. The firm’s includes advising restructuring companies that are showing early signs of distress, the acquisition of stressed assets, and implementing resolution plans. Other prominent members of the team include Dina Wadia and Fatema Kanchwalla.

Practice head(s):

Aashit Shah; Varghese Thomas

Other key lawyers:

Testimonials

‘Team JSA is hands-on when it comes to interpretation of statutes specific to Insolvency Practice. Their team is always available and ensure that we obtain effective advice when needed.’

‘Thomas Varghese and Aashit Shah’s team are exceptional.’

Key clients

Standard Chartered Bank

Deutsche Bank, A.G.

State Bank of India

Ares SSG Capital

Edelweiss ARC

JM Financial ARC

PNB

ICICI Bank

PROPARCO

Bank of Baroda

British International Investment Plc

Madison Pacific Trust Limited

AKA Ausfuhrkredit-Gesellschaft mbH

Essar Oil and Gas Exploration and Production Limited

India > TMT Tier 2

JSA Law has vast expertise in advising emerging technology companies and e-commerce ventures on all aspects of information technology and IT enabled services. Operating out of Bengaluru, Tony Verghese ‘delivers top notch’ advice, bringing extensive knowledge of licensing and M&A in the telecom sector, whilst Sajai Singh focuses on strategic alliances and cross-border transactions. Probir Roy Chowdhury specialises in regulatory compliance and private equity matters.

Practice head(s):

Sajai Singh

Other key lawyers:

Testimonials

‘Tony Verghese and his team regularly assist with multijurisdictional telecommunications law projects. They deliver high quality advice and are extremely knowledgeable not only regarding telecommunications law, but also regulatory practice.’

‘We strictly work with Tony Verghese and team, so I cannot comment on other Indian law firms. Tony is reliable, knowledgeable and delivers top notch, commercially viable advice.’

 

India > White-collar crime Tier 2

India > Labour and employment Tier 3

JSA Law‘s employment offering is experienced acting for employers across the full spectrum of contentious and non-contentious labour issues. In Gurugram, Shivpriya Nanda has a broad practice and advises on large-scale workforce restructurings and disciplinary issues, while Rupinder Malik takes point on matters in connection with POSH, workplace harassment, and code of conduct issues. Sajai Singh is the key contact in Bengaluru, while Sandeep Mehta is based in Mumbai; the four jointly lead the team. The ‘thoughtful, communicative, and responsive’ Gurugram-based Minu Dwivedi is recommended for workplace investigations and POSH inquiries work.

Practice head(s):

Shrivpriya Nanda; Sajai Singh; Rupinder Malik; Sandeep Mehta

Other key lawyers:

Testimonials

‘The JSA team is attentive to client needs. They are quick to respond to questions with thorough guidance, they think things through, and they are active managers of possible risks, not merely passive advisors.’

‘Minu Dwivedi is a great lawyer. She is thoughtful, communicative, and responsive.’

 

India > Tax Tier 3

Established in 1991

Our services: JSA is a leading national law firm in India with more than 480 professionals operating out of seven offices located in Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai, and New Delhi.

Our practice is organised along service lines and sector specialisations that provides legal services to top Indian corporates, Fortune 500 companies, multinational banks and financial institutions, governmental and statutory authorities, and multilateral and bilateral institutions.

Why we are unique: With a keen focus on learning and specialised practices, we keep in touch with the changing environment in which our clients operate. We take pride in combining the expertise and diversity of experience of a large firm with the personalised attention and responsiveness of a boutique firm. Our lawyers work seamlessly across practice areas and offices to assist our clients.

Our commitment: Through our commitment to social responsibility, we serve our communities by rendering “pro bono” legal services and supporting social responsibility initiatives. The firm has committed to achieving an average of 60 pro bono hours per attorney per year. Our work in the pro bono space extends to assisting on the formulation of community-sensitive and meaningful policies, laws and legal frameworks to facilitate economic and social development at the national, regional, city and neighbourhood levels.

We walk the talk: JSA’s vision is to be the finest Indian law firm strengthened by our core values: exceed client expectations; integrity in whatever we do; belief that “people matter”; an understanding that we best serve our clients with teamwork and collaboration; and that the beauty of our profession is constant learning. We honour and pursue diversity. We invest in our attorneys with focused continuing legal education and training in industry related issues and soft skills.

Client focus: Our practice has been organised into three clusters – Corporate, Finance, and Disputes with 30 service lines. We serve our clients through partner-led teams with domain knowledge across 20 sectors: Agriculture and forestry; banking and financial services; capital markets and securities; construction and engineering; defence and internal security; education; energy – power and hydrocarbon; hospitality, tourism and retail; insurance and pension; investment funds and asset management; life sciences, healthcare and pharma; manufacturing, mines and minerals; non-governmental sector; real estate; services; technology; media and sports; telecommunications and broadcasting; transport and logistics; urban infrastructure; smart cities; public procurement.

Total number of professionals: 480+ (130 partners)
Office Locations:  Ahmedabad, Bengaluru, Chennai, Mumbai, Gurugram, Hyderabad and New Delhi

JSA strengthens its Capital Market practice with Mathew Thomas joining its Mumbai office as partner.

We are delighted to announce the appointment of Mathew Thomas as a partner in JSA's Capital Markets Practice.

JSA Announces New Practice Chairs

JSA announces the appointment of new Practice Chairs with effect from 1 April for a three-year term.

NMDC Steel Limited’s listing on BSE Limited and National Stock Exchange of India Limited

JSA advised the Department of Investment and Public Asset Management, Government of India, in the listing of NMDC Steel Limited on BSE Limited and National Stock Exchange of India Limited.

Sumitava Basu joins JSA’s Finance team in Mumbai

We are pleased to announce that Sumitava Basu has joined JSA as a Partner to further strengthen the firm’s Finance practice. He will be based out of JSA’s Mumbai office. With his joining, Firm’s partnership expands to 116.

USD 1.9 billion / INR 14,300 million Institutional placement of units by the National Highways Infra Trust.

JSA acted as counsels to the lead managers for the INR 14,300 million / USD 1.9 billion institutional placement of units by National Highways Infra Trust (“NHAI InvIT”), to domestic and international investors. ICICI Securities Limited and SBI Capital Markets Limited acted as the lead managers to the transaction.

Listing of Grip’s latest alternative investment offering – Securitised Debt Instruments (SDI) at the National Stock Exchange, Mumbai.

JSA advised Grip Invest Advisors Private Limited (“Grip”) on the listing of its latest alternative investment offering - Securitised Debt Instruments (SDI) at National Stock Exchange, Mumbai. This event also marks several firsts for our key stakeholders in this transaction including: