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Prachi Dave

Work 022 66623535
Dhaval Vussonji & Partners

Work Department

  • Banking and Finance
  • Capital Markets
  • Corporate Debt Restructuring
  • Private Equity Investments
  • Real Estate
  • Insolvency & Bankruptcy


Managing Partner


Ms. Prachi Dave is qualified as an Advocate and Solicitor practicing on the original side of the Bombay High Court and is a Partner of Dhaval Vussonji & Associates, Advocates and Solicitors.

She advises clients with respect to their in-bound as well as out-bound investments. In this process, Ms. Dave critically analyses feasible and tax efficient structures keeping in mind the unique deal contours, appropriate and adequate security creation where required and maintaining in balance the flexibility for the day to day operation of the investee companies. Bearing in mind the limited capital account convertibility in India, Ms. Dave has from time to time advised on the various aspects for listing of instruments on the stock exchanges within India, exiting such investments, matters relating to foreign exchange, nuances of corporate laws and taxation. Ms. Dave has also been involved in advising multinationals in the entry strategy into India in various fields including financial services, manufacturing, trading, as well as restaurants. In the course of advising clients in this relation, Ms. Dave has, along with advising on applicable foreign investment laws, evaluated other corporate, taxation and sectoral regulations which regulate investment within India.

Her deep understanding of the banking and financial services sector and the money lending laws across the different parts of India and the prevalent regional market practices is well respected by leading financial institutions and borrowers alike. Ms. Dave has acted as Indian counsel to offshore lenders and institutions in various external commercial borrowings to corporate borrowers within India.

Ms. Dave’s experience with the National Stock Exchange of India, has given her exposure to functioning of the stock exchanges within India and the issues faced by the exchanges in their role as a quasi-regulator of the securities market within India as also in gaining knowledge of the economics involved in the securities market, investments by foreign institutional investors in the Indian securities markets and offshore derivatives contracts with underlying
Indian securities.

She has advised various multinationals including offshore branches of investment banks in private banking, wealth management, investment advisory, cross border banking, syndicated lending and structured finance transactions both within India as well from overseas. Ms. Dave has also been involved in advising for various capital market transactions such as initial public offering, buy back issues, FCCB issues, open offer for takeover and other
related matters.

She advises acquisitions of land and properties in various parts of India including Maharashtra, Andhra Pradesh and Delhi. In the course of the transactions, she assesses the legal title to the property, the development potential and feasibility, the saleability of the premises and leasing/licensing of the commercial and residential premises keeping in mind diverse laws and customs applicable in different parts of India.  


English, Hindi, Gujarati


  1. B.L.S., LL.B, Bombay University
  2. Advocate, Bar Council of Maharashtra
  3. Solicitor, Bombay High Court


Banking and finance

Within: Banking and finance

Dhaval Vussonji & Partners has been active in the real estate space, assisting lender and borrower clients with the refinancing aspects of real estate development projects. Prachi Dave is the name to note.

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