Mr Ajay Shaw > DSK Legal > New Delhi, India > Lawyer Profile

With a strong presence in Delhi and Mumbai, DSK Legal represents a diverse range of stakeholders in relation to the IBC. The team consists of a number of experts, including senior partner Sudhir Sharma, who has been involved in the resolution of some of the biggest stressed assets in India, as well as Ajay Shaw and Ashish Pahariya, both of whom are deeply familiar with every aspect of the insolvency resolution process. The firm is proficient at handling high-value insolvencies and liquidations, preparing restructuring proposals and resolution plans, and drafting bid documents. Niraj Kumar is also recommended for his vast amount of experience advising resolution applicants, resolution professionals, and committee of creditors. Nirav Shah has left the firm.

Acting for airports, cargo service providers, and international airlines, the aviation practice at DSK Legal handles financing, disputes, and regulatory matters across the aviation sector. The team has significant experience acting for the Indian government, regulatory authorities, and governmental entities, advising on policy, projects, and regulatory matters in the aviation sector. Anjan Dasgupta, Ajay Shaw, and Avinash Kumar Khard oversee the team from Mumbai, while Dinesh Pardasani and Harvinder Singh co-head from New Delhi.

DSK Legal acts for private equity managers and limited partners in the establishment of alternative investment funds, as well as advising domestic and foreign venture capital funds across various jurisdictions, including India and Mauritius. Managing partner Anand Desai leads the team and advises on private equity and hedge fund transactions, in addition to disputes arising between funds and investee companies. Sharath Chandrasekhar acts for startups and investment funds across the banking, hospitality and fintech sectors on transaction structuring mandates, while Aninda Pal handles a range of domestic and cross-border private equity and venture capital deals. Other key contacts in the group include Aparajit Bhattacharya, Hemang Parekh and Ajay Shaw and Harvinder Singh.

The ’collaborative and solution-oriented’ team at DSK Legal assists governments, concessionaires, and contractors with all aspects of bids, consortium arrangements, and EPC contracts. Key areas of instruction for the group include highway infrastructure projects, renewable energy-related M&A transactions, and complex power purchase agreements. New Delhi-based Dinesh Pardasani and Samir Malik have extensive expertise in advising on cross-border transactions and regulatory compliance. In Mumbai, Anjan Dasgupta specialises in energy project finance, Ajay Shaw focuses on supply contracts, and Avinash Kumar Khard represents stakeholders in finance transactions. Ashish Pahariya is very experienced in handling railway projects, and associate partner Rimali Batra acts on oil and gas matters.

DSK Legal is highly active in the banking and finance sector and works with a mix of private sector and public sector clients, spanning both borrowers and lenders. Sajit Suvarna and Srinivas B.R. are considered among the leading names in the real estate and construction finance sector, while Anjan Dasgupta is renowned for advising Indian and international clients on financial services regulations and policies. Ajay Shaw handles advisory and transactional work pertaining to corporate funding, project funding and structured funding, while Roochi Loona specialises in representing public sector banks and government authorities in project finance and structured finance transactions. Other key contacts include Ashish Pahariya, Karan Ajitsaria, Saloni Mody and Avinash Kumar Khard.

DSK Legal has notable expertise in handling initial public offerings, foreign currency convertible bonds, domestic debt matters and secondary issuances. The department is co-led by Ajay Shaw and Gaurav Mistry from Mumbai, while Saurabh Tiwari leads the practice from Delhi and regularly advises lead managers, selling shareholders and investors on equity transactions.