Argus Partners‘ banking and finance team specialises in project finance, structured finance and real estate financing for domestic and foreign banks, financial institutions, credit funds and NBFCs, regularly acting as counsel to lenders and investors. The team is led by Krishnava Dutt, the firm’s founding and managing partner and an M&A and finance veteran; Aastha, an expert in project finance and private credit transactions; Nidhi Arya, who is experienced in corporate loans and construction finance; and Utkarsh Bandhu and Aseem Dhawan, who both specialise in debt transactions.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge

Testimonials

Collated independently by Legal 500 research team.

  • ‘They are available and dedicated, providing a quick turnaround, sound logic and legal acumen.’

  • 'Availability and partner involvement. Strong hold on legal concepts. Clients' interests are prioritised. Pragmatic and problem solving approach.'

Key clients

  • HDFC Bank Limited
  • HDFC Capital Affordable Real Estate Fund
  • Ascertis Credit
  • Ares SSG
  • SWAMIH Investment Fund I (SWAMIH)
  • Nisus Finance & Investment Managers LLP
  • InCred Alternative Investments
  • UTI Alternatives
  • Clearwater Capital
  • Piramal Capital
  • India Resurgence Fund
  • Union Bank of India
  • Canara Bank
  • Central Bank of India
  • State Bank of India
  • Standard Chartered Bank
  • Citibank N.A.
  • Aditya Birla Finance Limited
  • Certus Capital
  • Ind Swift Laboratories Limited

Work highlights

Advised BluPine Energy Private Limited and its 14 special purpose vehicles (SPVs) on securing rupee term loan facilities of up to ₹1,787 crore from the National Bank for Financing Infrastructure and Development (NaBFID) to support operational efficiency and portfolio expansion.
Advised Adhunik Power & Natural Resources Limited on an investment of ₹1,400 crore by Davidson Kempner through subscription to non-convertible debentures to refinance its existing lender, Edelweiss Asset Reconstruction Company.
Advising HDFC Capital Affordable Real Estate Fund – 3 on its investment in Adarsh Developers through the subscription of listed and unlisted non-convertible debentures, including a co-investment with Ares Management Asia.

Lawyers

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

Krishnava Dutt; Aastha; Aseem Dhawan; Nidhi Arya; Utkarsh Bandhu