Juris Corp > Mumbai, India > Firm Profile
Juris Corp Offices
302, Century Bhavan, 3rd Floor
Dr Annie Besant Road, Worli
Mumbai - 400 030
India
Juris Corp > The Legal 500 Rankings
India > Banking and finance Tier 1
Juris Corp has built a strong reputation for handling domestic and cross-border finance mandates for a plethora of clients, including large international and domestic banks, financial intermediaries, and large conglomerates. In addition to advising on financing transactions, the team also assists with regulatory and compliance issues. Vedanarayanan Lakshmanan has extensive experience in structuring and executing financial products; he jointly leads the team with Jayesh H, acquisition finance expert Saurabh Sharma, and Ankit Sinha, who regularly works with non-banking financial companies. Other key members of the team include equity financing and compliance specialist Rupul Jhanjee and associate Akshay Kelkar.Practice head(s):
Jayesh H; Vedanarayanan Lakshmanan; Ankit Sinha; Saurabh Sharma
Other key lawyers:
Testimonials
Juris Corp’s team is great to work with, knowledgeable of the Indian market and cross-border deals.’
‘Saurabh Sharma is a leading lawyer for banking and finance. Ankit Sinha is also another heavyweight for the team.’
Key clients
JSW Steel Limited
DBS Bank Ltd.
Reliance Industries Limited
Citibank N.A.
Deutsche Bank AG
Mashreqbank PSC
Barclays Bank PLC
Yes Bank Limited
J.C. Flowers Asset Reconstruction Private Limited
Volvo Financial Services (India) Pvt Ltd
IndusInd Bank Limited
Axis Bank Limited
Bank of India
Coöperatieve Rabobank U.A.
MUFG Bank, Ltd.
Work highlights
- Advised Standard Chartered Bank on commercial papers and secured non-convertible debentures relating to a ₹250m facility extended to T-Hills Private Limited.
- Represented MUFG Bank, Ltd., Gift Branch and Taipei Fubon Commercial Bank Co., Ltd. Singapore Branch in a credit loan agreement entered into with the State Bank of India.
- Advised Provenance Land Private Limited on availing credit facility amounting to ₹5.9bn from Hong Kong and Shanghai Banking Corporation.
India > Fintech and financial services regulatory Tier 1
Praised for being ‘knowledgeable about the Indian market and cross-border deals’, Juris Corp pulls together a strong offering with expertise encompassing the development and launch of new products, the implementation of payment services in India and issues related to data protection and outsourcing. Ankit Sinha is a key contact at the firm and is particularly strong at handling transactions relating to asset-based lending. Saurabh Sharma has a proven track record of assisting foreign clients with their overseas direct investments. Jayesh H is noted for his work on leveraged buyouts and restructuring mandates. Counsel Aashka Shah guides clients including domestic and foreign banks and insurance companies through Indian and foreign legislation impacting OTC derivatives in India, while associate Akshay Kelkar is well versed in advisory matters relating to cross-border finance.Practice head(s):
Jayesh H; Vedanarayanan Lakshmanan; Ankit Sinha; Saurabh Sharma; Apurva Kanvinda; Smrithi Nair; Aashka Shah
Other key lawyers:
Mahak Saboo; Akshay Kelkar; Shreyansh Sethi
Testimonials
‘Great to work with. Knowledgeable of the Indian market and cross-border deals. Competitively priced.’
‘Saurabh Sharma is a leading Indian lawyer for banking and finance, always a pleasure to work with him and his team. Ankit Sinha is also another heavyweight for the team.’
Key clients
JSW Steel Limited
DBS Bank Ltd.
Reliance Industries Limited
Citibank N.A.
Deutsche Bank AG
Mashreqbank PSC
Barclays Bank PLC
Yes Bank Limited
J.C. Flowers Asset Reconstruction Private Limited
Volvo Financial Services (India) Pvt Ltd
IndusInd Bank Limited
Axis Bank Limited
Bank of India
Coöperatieve Rabobank U.A.
MUFG Bank, Ltd.
Work highlights
- Advised a foreign bank in relation to the bank launching its debit card services in India.
- Advised a client in relation to a transition away from Libor and adoption of SOFR as the rate for all its historical transactions wherein the currency of disbursement was USD.
India > Dispute resolution: litigation Tier 3
The litigation team at banking and finance boutique firm Juris Corp focuses on insolvency and banking-related matters, representing clients before various courts across the country. Acting for banks and financial institutions, the team draws on its tax, accounting, corporate, and banking regulatory expertise to provide a comprehensive offering. Senior partner and M&A expert Jayesh H and the infrastructure disputes-focused Bindiya Raichura now co-head the team from Mumbai following the March 2023 departure of former co-head Shubhabrata Chakraborti.Practice head(s):
Jayesh H; Bindiya Raichura
Key clients
DBS Bank Limited
IDFC First Bank Limited
Assets Care & Reconstruction Enterprise Limited (ACRE)
Industrial and Commercial Bank of China
VTB Capital PLC
Doha Bank Q.P.S.C
Emirates NBD Bank PJSC
JM Financial Asset Reconstruction Company Limited
State Bank of India
JP Morgan Chase Bank
DSP Investment Managers Private Limited
JM Financial Products Limited
ANZ Banking Group
L&T Financial Services
DBS Bank India Limited
Credit Suisse AG
IDBI Bank
Work highlights
- Successfully represented Secured Lenders in challenging the dismissal of their Company Petition by NCLT on grounds of limitation. The case involved the Secured Lenders seeking exclusion of the limitation period based on a UK judgment and the period when the Corporate Debtor was before the BIFR.
- Advised and successfully represented various ECB (External Commercial Borrowing) Lenders of one of India’s leading telecommunication infrastructure company before the National Company Law Appellate Tribunal, New Delhi (“NCLAT”).
- Successfully advising and representing JC Flowers Asset Reconstruction Company (ARC) who is the sole member of the Committee of Creditors of a leading pig iron and metallurgical coke manufacturing company before the National Company Law Tribunal Hyderabad Bench (“NCLT Hyderabad”).
India > Projects and energy Tier 3
The projects and energy practice at Juris Corp has established strength in assisting international commercial banks and domestic financial institutions. Mumbai-based firm co-founder Jayesh H fields expertise in handling M&A deals, private equity transactions and complex power purchase agreements. Vedanarayanan Lakshmanan is well versed in regulatory matters. In New Delhi, Ankit Sinha regularly acts on behalf of clients from the aviation and energy sectors.Practice head(s):
Jayesh H; Vedanarayanan Lakshmanan; Ankit Sinha; Saurabh Sharma; Apurva Kanvinde
Other key lawyers:
Rupul Jhanjee; Akshay Kelkar
Testimonials
‘Great to work with. Knowledgeable of the Indian market and cross-border deals.’
‘Saurabh Sharma is a leading Indian lawyer for banking and finance, always a pleasure to work with him and his team. Ankit Sinha is another heavyweight for the team.’
Key clients
Axis Bank Limited
Bank of Baroda
State Bank of India
Birla Corporation Limited
Punjab National Bank
Reliance Industries Limited
DBS Bank Ltd. and DBS Bank India Limited
Japan International Cooperation Agency
Provenance Land Private Limited
ICICI Bank Limited
Housing Development Finance Corporation Limited
Union Bank of India
Deepak Fertilisers and Petrochemicals Corporation Ltd.
Work highlights
- Advised the Standard Chartered Bank in relation to a INR 250,000,000 facility extended to T-Hills Private Limited.
- Advised Provenance Land Private Limited on obtaining a INR 5,900,000,000 credit facility from the Hongkong and Shanghai Banking Corporation, relating to two projects.
- Advised Housing Development Banking Finance Limited on a facility for an infrastructure project.
India > Corporate and M&A Tier 4
Juris Corp draws heavily on the knowledge of its banking, capital markets, and project finance departments to advise on the whole spectrum of M&A and regulatory compliance. Boasting a strong track record in acting on behalf of clients in the data privacy, aviation, and pharmaceutical industries, the Mumbai-based co-heads, Jayesh H and Bindiya Raichura specialise in joint venture and private equity work. From New Delhi, Namrta Rai is an expert on foreign investments, and associate Nikhil Gupta is also noted.Practice head(s):
Jayesh H; Bindiya Raichura; Namrta Rai Sudan
Other key lawyers:
Key clients
Antwalk Private Limited
Arth Padarth Factors and Finance Private Limited
EODB Services (OPC) Private Limited
Frigorifico Allana Private Limited
Loktantra Mediatech Private Limited
Lupin Limited
Notesgen Technologies Private Limited
VA Tech Private Limited
Work highlights
- Advised and assisted a FinTech start up, AP Factors in drafting and finalising its Employee Share Appreciate Rights (“ESAR”) policy which was aimed at incentivizing employees of AP Factors.
- Advised and assisted FAPL, one of the India’s largest exporters of processed food products and agro commodities in establishing its joint venture with the promoters of one of the fastest growing poultry feed manufacturing company in India.
- Provided investment assistance to Notesgen, wherein it drafted agreements for the transaction such as compulsorily convertible preference shares investment agreement.
India > Real estate and construction Tier 4
Juris Corp > Firm Profile
Juris Corp (“the firm”) is a law firm which aims to provide unbiased and unmatched legal services in our practice areas. The firm believes in being the “preferred law firm” for our clients by offering consistent value to them. The firm has a dynamic team with strong expertise in our practice areas, who are solution oriented with emphasis on quality to best help our clients. For a firm of our size, we are humbled by the fact that year on year some of the best names in the globe have chosen us to act for their largest and complex transactions.
Juris Corp’s capabilities have been widely recognized by our clients and several global law firms. The firm has received several international accolades symbolizing our commitment to help clients in achieving their objectives.
According to our clients, what works in our favour is our ability to “think ahead of the client”. We are known to “act in the best interests of our clients” and “work on bringing down unnecessary or avoidable legal costs through innovation and forward thinking”.
The firm’s practice areas have been listed below in alphabetical order:
- Banking and finance
- Bankruptcy and corporate restructuring
- Capital markets
- Competition and antitrust law
- Derivatives and treasury products
- Dispute resolution and arbitration
- FinTech
- General corporate
- Intellectual property
- Mergers and acquisitions
- Private equity, venture capital and funds
- Project finance
- Real estate
- Securitization and structured finance
- Start-up
The firm focuses on the following business sectors (listed below in alphabetical order):
- Asset reconstruction
- Aviation
- Banking and financial services
- Chemicals
- Data protection
- Education
- Infrastructure
- Insurance
- Metals
- Pharmaceutical and healthcare
- Renewable energy
- Technology and media
- Trade finance
The firm’s website can be accessed at – www.juriscorp.in
Corporate social responsibility and pro bono work: Juris Corp operates from a long-held commitment to corporate social responsibility. The firm supports organizations making a difference in the lives of those in need. Some of the initiatives taken by the firm include:
- Supporting charity to chosen organisations, sponsoring education of under privileged students, NGOs etc.
- The firm has been encouraging handmade artwork from rural India – more than 10,000 micro art pieces have been purchased and distributed over the last 22 years.
Main Contacts
| Department | Name | Telephone | |
|---|---|---|---|
| Jayesh H (Co-founder) | jayesh.h@juriscorp.in | (+91) 22 6720 5555 | |
| Talat Shah (Co-founder) | talat.shah@juriscorp.in | (+91) 22 6720 5503 | |
| Bindiya Raichura (Equity Partner) | bindiya.raichura@juriscorp.in | (+91) 77188 34664 | |
| Vedanarayanan Lakshmanan (Equity Partner) | ved.lakshmanan@juriscorp.in | (+91) 8527595963 | |
| Ankit Sinha (Partner) | ankit.sinha@juriscorp.in | (+91) 11 4014 4108 | |
| Apurva Kanvinde (Partner) | apurva.kanvinde@juriscorp.in | (+91) 22 6720 5509 | |
| Darshi Shah (Partner) | darshi.shah@juriscorp.in | (+91) 22 6720 5520 | |
| Namrta Rai (Partner) | namrta.rai@juriscorp.in | (+91) 7738378057 | |
| Saurabh Sharma (Partner) | saurabh.sharma@juriscorp.in | (+91) 22 6720 5537 | |
| Smrithi Nair (Partner) | smrithi.nair@juriscorp.in | (+91) 22 6720 5539 | |
| Aashka Shah (Counsel) | aashka.shah@juriscorp.in | (+91) 22 6720 5574 |
Lawyer Profiles
| Photo | Name | Position | Profile |
|---|---|---|---|
|
Mr Jayesh H | Co-Founder, Juris Corp (Mumbai) | View Profile |
|
Ms Apurva Kanvinde | Partner, Juris Corp (Mumbai) | View Profile |
|
Mr Vedanarayanan Lakshmanan | Partner, Juris Corp (Mumbai) | View Profile |
|
Mr Dhruv Malik | Counsel, Juris Corp (New Delhi) | View Profile |
|
Ms Smrithi Nair | Partner, Juris Corp (Mumbai) | View Profile |
|
Ms Namrta Rai | Partner, Juris Corp (New Delhi) | View Profile |
|
Ms Bindiya Raichura | Partner, Juris Corp (Mumbai) | View Profile |
|
Mrs Talat Shah | Co-Founder, Juris Corp (Mumbai) | View Profile |
|
Ms Aashka Shah | Counsel, Juris Corp (Mumbai) | View Profile |
|
Mr Saurabh Sharma | Partner, Juris Corp (Mumbai) | View Profile |
|
Mr Ankit Sinha | Partner, Juris Corp (New Delhi) | View Profile |
Languages
English (fluent) Hindi (and several Indian regional languages)Memberships
Asia Pacific Loan Market Association IBA (International Bar Association) ISDA INSOL InternationalOther
: Juris Corp’s values of Integrity – Excellence – Innovation – Teamwork, sets the Firm apart from the rest. Making a difference is the Firm’s practice. The Firm strongly believes that its biggest assets are its people and keeps working towards creating an environment for growth for all its members. The Firm also believes in adapting to the best practices to provide exemplary services for its clients.Legal Developments
APPLICATION SEEKING INSOLVENCY BASED ON AN UNREGISTERED ASSIGNMENT AGREEMENT MAINTAINABLE?
23rd February 2024 Introduction Under the Insolvency and Bankruptcy Code, 2016 (as amended) (“Code”), a creditor to whom a financial debt has been legally assigned or transferred to is entitled to file an application seeking initiation of corporate insolvency resolution process (“CIRP”) against a corporate debtor.MORE POWER TO CREDITORS AS PERSONAL GUARANTORS MAY FACE INSOLVENCY PROCEEDINGS FOR DEFAULTING DEBTS
2nd January 2024 Introduction The Hon’ble Supreme Court of India in Dilip B. Jiwrajka v. Union of India & Ors.[1] has upheld the constitutional validity of the provisions contained in Sections 95 to 100 of the Insolvency and Bankruptcy Code,DISTINGUISHING PENAL INTEREST & CHARGES: REGIME CHANGE BY RBI
26th October 2023 Introduction The Reserve Bank of India (“RBI”) in its press release titled ‘Statement on Developmental and Regulatory Policies’[1], dated 8th February 2023 observed divergent practices amongst regulated entities,INDIAN GREEN BOND MARKET: A STEP TOWARDS “GREEN FINANCING”IN A GROWING TAXONOMY
6th March 2023 Over the last few years, the Indian Government has been taking measures towards environmental sustainability along with economic growth. As enumerated in Article 48-A of the Indian Constitution, preservation of the environment is enshrined in the Indian Constitution itself. The Finance Minister while tabling the Union Budget 2023-24 specified green growth as one of the seven priorities of the Government of India and while specifying the same, the aim of achieving net-zero carbon emission by 2070 was highlighted. Over the last year, the Indian Government has introduced significant regulatory updates in the green bonds space. Whether it be the introduction of the Sovereign Green Bonds Framework or the amendment by the Securities and Exchange Board of India (“SEBI”) to the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021[1] which widened the definition of green bonds and stressed on green washing, the regulatory framework for green bond financing has seen a considerable development.PRE-PACKAGED INSOLVENCY: TO UPHOLD THE LEGISLATIVE INTENT OR THE LETTER OF THE LAW?
8th February 2023 Pre-packaged insolvency resolution process ("PPIRP”) was introduced by amending the Insolvency and Bankruptcy Code (“Code”) in April 2021[1]. This currently applies to Micro Small Medium Enterprises (“MSMEs”). This was enacted to provide ‘PPIRP’ as an alternative to Corporate Insolvency Resolution Process (“CIRP”) to mitigate the financial distress caused by the Covid-19 pandemic to MSMEs.TRADE & COMMODITY FINANCING IN INDIA – AN OVERVIEW!
30th January 2023 Trade finance is the financing of international trade flows. It exists to mitigate, or reduce, the risks involved in an international trade transaction. There are primarily two players in a trade transaction:CLASSIFICATION OF SUSTAINABILITY LINKED DERIVATIVES IN INDIA
18th January 2023 Sustainability Linked Derivatives (“SLDs”) are emerging as a powerful new instrument in the toolkit of financiers globally in the context of the growth of use of Environmental Social and Governance (“ESG”) factors in the financial world. For an orderly evolution, a suitable regulatory framework suited for this type of derivative contract is a must. SLDs require robust standardisation with respect to Key Performance Indicators (“KPIs”) and ESG linked metrics in order to ensure the success of such derivative contracts.RBI Reforms the Framework on Loan Sales
3rd March 2022 Continuous growth of a robust secondary market and creation of additional avenues for raising liquidity have been the key requirements of the Indian loan market. To achieve this, the Reserve Bank of India (“RBI”) has rolled out the Master Directions - RBI (Transfer of Loan Exposures) Directions, 2021[1] (“Master Directions”) on 24th September 2021.Secured Overnight Financing Rate (“SOFR”) in Arrears or Term?
7th February 2022Background
SOFR is a risk-free reference rate (“RFR”) selected as the rate for usage in certain United States Dollar (“USD”) derivatives and other financial contracts, by the Alternative Reference Rates Committee (“ARRC”) of the Federal Reserve Bank of New York (“NY Fed”) in the year 2017. It is the preferred alternative to USD LIBOR.TO BE OR NOT TO BE: An Assessment of a Pathological Arbitration Clause
2nd February 2022 The Hon’ble High Court of Delhi, placing reliance on a catena of judgments, has reiterated that the main attribute of an arbitration agreement is consensus ad idem to refer the disputes to arbitration. In the matter of “Sapna Gupta v. Ajay Kumar Gupta & Ors[1].”, it has been held that in case the same is missing, it is not an arbitration agreement, as defined under Section 7 of the Arbitration and Conciliation Act, 1996 (“Act”) and in the absence thereof, petition under Section 9 of the Act seeking interim measures, is not maintainable.New Directives on Securitisation of Standard Assets – Revamping the Securitisation Landscape?
1st February 2022 The Reserve Bank of India (“RBI”) on 24th September 2021, issued the Reserve Bank of India (Securitisation of Standard Assets) Directions, 2021 (“Master Directions”). These Master Directions repeal the existing RBI guidelines on securitisation of standard assets. The Master Directions apply to the following entities:Acceptability of e-Execution – A long way ahead
19th August 2021 Technology has been an enabling factor in resuming businesses and closing transactions during the pandemic era while parties involved in such transactions are sitting miles apart from each other. In order to be in arms with the rise of digitization, the Indian Government has introduced and amended legislations to bring in electronic records and electronic execution within its purview.CCI order on WhatsApp policy: Is CCI filling up the vacuum of the Data Protection Regulator?
15th June 2021 In a recent order dated 24th March 2021, the Competition Commission of India (“CCI”) has taken suo-motu cognizance of the updated privacy policy and terms of services of WhatsApp which were rolled out by WhatsApp on 4th January 2021 (“Updated Policy”).[1] It directed the Director General to investigate the anti-competitive issues in relation to the Updated Policy. Earlier, the users had to give their consent to WhatsApp to share their personalized data with other Facebook companies. This has been changed by the Updated Policy, which makes it mandatory for users to give consent to such sharing to continue using WhatsApp.- Banking and finance
- Fintech and financial services regulatory
Top Tier Firm Rankings
- Dispute resolution: litigation
- Projects and energy