Leading Individuals

Next Generation Partners

Banking and finance in India

Gravitas Legal

The lawyers at Gravitas Legal combine their banking and finance expertise with insolvency, restructuring and debt recovery litigation. Founding partner Tanuj Sud has extensive experience in advising a range of financial institutions and funds including major Indian banks. He is especially adept at assisting clients in the infrastructure and energy sectors with their financing requirements and has acted as borrower’s counsel to Jindal Steel Odisha and Vena Energy Vidyuth Private Limited. Ajay Kumar is a core team member for banking, finance and insolvency matters.

Practice head(s):

Tanuj Sud


Other key lawyers:

Ajay Kumar


Key clients

Capital Fortunes


IDBI Capital


State Bank of India


PNB Housing Finance Pvt. Ltd.


Vena Energy Clean Power Pvt. Ltd.


Eros Group – Nehru Place Hotels Pvt. Ltd.


Ever Enviro


Raadhi Advisors


Work highlights


Sagus Legal

Sagus Legal‘s team is led by Delhi-based Shruti Kanodia who represents banks and borrowers in direct financing, consortium finance, and in multi-banking arrangements. Kanodia's expertise also extends to areas such as debt recovery and debt restructuring; she is well supported by Nilesh Panda who is building expertise in term loan financing, security structuring, and compliance management in respect of banking and finance transactions.

Practice head(s):

Shruti Kanodia


Other key lawyers:

Nilesh Panda


Work highlights


  • Advising Petronet LNG Limited on its existing and new trust and retention accounts agreements pursuant to changes in the Indian regulatory framework.
  • Assisting a leading public listed steel company for its financing requirements from Union Bank of India.
  • Advised Jindal Coke Limited in availing a secured term loan facility from Canara Bank for the refinancing/ take-over of the loans of all the banks and financial institutions forming part of the existing term loan consortium of the client.

AKS Partners

Managing partner Sonal Kumar Singh heads the Delhi office at AKS Partners. The team continues to handle largely contentious cases ranging from those at the Debt Recovery Tribunal to others that reach the Supreme Court. The team advises on a range of complex cases for the leading private sector bank, Axis Bank, and continues to act for the Central Bank of India on a long running matter before the Debt Recovery Tribunal.

Practice head(s):

Sonal Kumar Singh


Key clients

Axis Bank


Central Bank of India


National Textile Corporation Ltd.


Housing and Urban Development Corporation Ltd (HUDCO)


 


Work highlights


Dhir & Dhir Associates

Consistently handling all aspects of project financing, strategic debt restructurings, and complex negotiations, the ‘solution-oriented’ Dhir & Dhir Associates team acts for both lenders and borrowers. The practice has experience advising on deals in the infrastructure space, with co-heads Alok Dhir and Guranpreet Singh Sarna regularly assisting government authorities and multinational corporations on project management matters. Shikha Singh is knowledgeable in the renewable energy space.

Practice head(s):

Alok Dhir; Guranpreet Singh Sarna


Other key lawyers:

Shikha Singh


Testimonials

‘Legal acumen; dynamic approach and solution-oriented.’

Key clients

India Renewable Energy Development Agency Limited


PTC India Financial Services Limited


Power Finance Corporation Limited


REC Limited


India Infradebt Limited


Tata Cleantech Services Limited


Saraswant Co-operative Bank Limited


O2 Power Group


Central Bank of India


MB Power


Work highlights


Tandon & Co.

Tandon & Co., which was founded by Kunal Tandon, provides a range of expert advice including banking and finance matters. Although it is based in Prayagraj, the firm acts for a number of significant India-based banks in cases, many of which are before the High Court of Delhi. It advises on the structuring and documentation of financial transactions including working capital facilities, syndicated loans and credit facilities.

Practice head(s):

Kunal Tandon


Key clients

HDFC Bank Limited


Central Bank of India


Work highlights


  • Represented HDFC bank in a matter, titled Manyoga Investments Ltd. versus MK Overseas Pvt. Ltd concerning the liquidation value of the Security interest before National Company Law Tribunal.
  • Assisted Central Bank of India with applying to the Hon’ble NCLT challenging the distribution process adopted by the liquidator in distributing the sale proceeds of the Corporate Debtor.

Khurana & Khurana, Advocates and IP Attorneys

Demonstrating vast expertise in undertaking banking and financial mandates, including cheque bouncing, document review, and title search reports, the Khurana & Khurana, Advocates and IP Attorneys‘ NCR practice is jointly led by Meenakshi Ogra, Chhavi Pande, and Anubhav Gupta. The team routinely represents financial institutions before the Debt Recovery Tribunal, whilst Harsha Aswani and Aatir Sayed are also highlighted as key names to note.

Practice head(s):

Meenakshi Ogra; Chhavi Pande; Anubhav Gupta


Other key lawyers:

Harsha Aswani; Aatir Sayed


Key clients

Bank of Baroda


LICHFL


EXIM Bank


Trickle Flood Technologies Pvt. Ltd. (India P2P)


Maheshwari & Co. Advocates & Legal Consultants

The New Delhi-based managing partner, Vipul Maheshwari, leads on the banking work at Maheshwari & Co. Advocates & Legal Consultants – a firm which also has an impressive track record in respect of social responsibility and pro-bono work. Banking and finance work is part of the firm’s broader offering – it provides assistance on due diligence to banks and borrowers in addition to assistance in setting up on-shore and off-shore funds.

Practice head(s):

Vipul Maheshwari