Ronak Thakkar

  • Principal Associate
  • +91 22 434 18795
  • Mumbai
Ronak Thakkar, Senior Associate, JSA

Ronak is an experienced banking-finance and corporate lawyer at JSA.

His banking-finance practice encompasses advising domestic and international banks, corporates and some of the world’s largest financial institutions on transactions and bank lending instruments – secured, limited recourse and syndicated. He also advises on matters relating to security creation, refinancing of debt, unlisted debt and general banking products.

Ronak has been instrumental in assisting multinational banks and financial institutions from an Indian law perspective with formulating, tailoring and successfully implementing their trade finance structures and receivables financing programs.

Ronak attributes innovation as one of the driving forces in his career. He takes great interest in the current innovations around digital payments and e-commerce in India and sees his role to be supportive of them. He has advised payment and e-commerce companies in connection with their business and operations in India. As part of his keen interest in this area, he is a part of JSA’s Fintech Development Initiative group.

Ronak concentrates his corporate practice around private equity investment transactions and corporate law advisory matters. He has been representing corporates and investors for structuring their investments and contracts, facilitating their entry and set-up in India as well as with their day-to-day corporate compliance related matters. He has also advised alternate investment fund entities (AIFs) with applicable Indian law compliance requirements to them as well as to their portfolio investments across various sectors.

Ronak is also regularly involved in supporting clients with advice on Indian exchange control regulations for their financing and corporate transactions.

Ronak strives to weave JSA’s core values into the fabric of his work. Client testimonials have regarded him to be of “pleasant character” and have commended his work to be “always of high quality” and “most helpful”.  His efforts have been recognized by clients on numerous occasions for managing transactions effectively and it has been mentioned that he is “thorough despite the short timeframes of the transactions”.

Ronak has been in the practice of law with JSA since 2014.



Bar Council of Maharashtra & Goa



Regulating payment gateways: RBI must take an accommodative rather than a big-brother approach – Read more



  • B.L.S, LL.B., Government Law College, Mumbai (2014)
  • CS, Institute of Company Secretaries of India (Professional) – (2013)
  • Advanced Certification in Foreign Trade (Indian Merchants Chamber) – (2012)
  • Diploma in Cyber Law (Asian School of Cyber Laws) – (2010)



  • English (native)
  • Hindi (native)
  • Gujarati (native)
  • Marathi (limited working proficiency)
  • German (elementary proficiency)

Some of Ronak’s recent significant engagements include:

  • Advised the US arm of a leading global financial services group based out of Japan in relation to its structuring and implementing receivables financing program in India.
  • Advised a Dutch based payments platform with respect to establishing their business and operations in India.
  • Advised a New York based global alternative investment manager firm on financing aspects in relation to their equity investments in India.
  • Advised a Munich based bank in connection with their ECA covered secured foreign currency term loan facilities to various Indian corporates.
  • Advised a UK based lender in relation to an unsecured term loan facility made available by it to an Indian borrower (a Navratna public sector undertaking in India).
  • Advised an Indian multinational, public sector bank (a Fortune Global 500 company) in relation to several multi-million US dollar foreign term loan facilities.
  • Advised an alternate investment fund based in Mumbai in connection with their investments and compliance with Indian laws.