FINANCE



JSA has a widely recognised market leading finance practice in India. Our finance practice caters to the needs of asset reconstruction companies, banks, corporates, developmental finance institutions, export credit agencies, funds, investors, investment banks, market intermediaries, multilateral financial institutions and non-banking financial companies for raising and lending money in the form of credit facilities, debt capital market instruments and equity capital market instruments.

Our practice is partner led and is committed to providing quality professional service combining domain knowledge with a constructive, consistent, comprehensive and commercial approach to issues. Clients trust our finance lawyers to take a practical and business-oriented approach to achieve their objectives. Our lawyers have a clear understanding of the expectations and requirements of both sides to a transaction and provide tailored advice to each client’s needs. The practice is especially praised for its accessibility and responsiveness and its ability to work well with international firms and clients.

INVESTMENT FUNDS

Our investment funds practice is comprised of trusted advisers, focused on providing commercial advice and solutions to the clients. mm advises on the most complex, strategic and high profile matters in the investment funds fields. We act for foreign and Indian sponsors in setting up onshore and offshore funds, including private equity funds, venture capital funds, mutual funds, real estate investment funds and pool-investment vehicles. We have also advised investment bankers and nominated advisors from an Indian law perspective for the listing of funds in the Alternative Investment Market. Our practice also includes advising such funds in investments in and divestments from, publicly traded and privately held Indian companies.

DEBT CAPITAL MARKET

We regularly act as legal counsel to issuers, underwriters, investment banks, investors, and trustees in offerings of debt securities by Indian issuers to Indian and international investors. We have acted on several offerings of foreign currency convertible bonds, medium-term notes, foreign currency non-convertible bonds and notes, and rupee denominated “Masala Bonds” to investors outside India. We have also extensively advised on public and privately placed issues of rupee-denominated non-convertible debentures which are listed on the debt segment of Indian stock exchanges.

DEBT RESTRUCTURING & INSOLVENCY

Our debt restructuring and insolvency practitioners advise lenders, asset reconstruction companies, stressed asset funds and borrowers in restructuring and refinancing loans and sale of stressed assets. We also advise several clients on the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.

Our role has included:

  • Formulating the strategy on restructuring or recovery for lenders
  • Filing applications with relevant courts and tribunals.
  • Preparing claims to be filed with insolvency resolution professionals.
  • Advising financial creditors, operational creditors, corporate debtors and insolvency professionals on all aspects.
  • Preparing and reviewing resolution plans.
  • Implementation of the resolution plan, including drafting restructuring documentation or documents for any financing required pursuant to the resolution plan.

We work seamlessly with our corporate and disputes practices on such assignments.

BANKING & FINANCE

Our banking and finance lawyers have expertise in advising clients on the entire gamut of domestic and cross-border lending transactions. We have represented clients on plain vanilla as well as complex syndicated lending, acquisition finance, margin finance, structured finance, project finance, real estate finance, asset finance, trade finance and securitization deals. We have also advised several clients on intricate regulatory issues under the guidelines of the Reserve Bank of India applicable to domestic and cross-border lending. Given the breadth of our experience, our lawyers have tremendous foresight in skilfully guiding financing transactions from initial structuring through closing. Our banking and finance practice has been consistently ranked in the top tier over the last several years.

SECURITIES LAW

Our securities lawyers regularly advise clients on complex domestic and cross-border acquisitions of listed companies involving mandatory public offers, block deals and bulk deals, and delisting of listed companies from Indian stock exchanges. We also advise clients on a variety of intricate issues under Indian securities laws, including insider trading, fraudulent practices, corporate governance and compliances with listing regulations. Our team is well equipped to advise clients on obtaining registrations with the Securities and Exchange Board of India under various securities laws.

EQUITY CAPITAL MARKET

We advise and act as legal counsel to issuers and market intermediaries (such as investment banks, foreign portfolio investors, alternative investment funds, mutual funds, foreign venture capital investors, brokers, portfolio managers, registrar and transfer agents and depositories) in connection with domestic and international initial public offerings, follow-on public offerings, rights issues, private placements, qualified institutional placements and buyback of listed securities. We have also advised on issuances by infrastructure investment trusts, including the maiden Indian issuance.

Last Updated on 25th January, 2019

© 2019 J. Sagar Associates All Rights Reserved.