An indicative list of our experience in the banking and structured finance area is as follows:
Advising the Government of India on the Dabhol Project in relation with the restructuring plan, project financing, sovereign guarantee, loan documentation, security arrangement, indenture of mortgage, mortgage trustee agreement, trust and retention account agreement, etc.
Provided assistance in drafting loan documentation for JP Morgan Chase Bank National for a term loan granted to Macrotech Construction Pvt. Ltd., a Lodha Group company. And also assisted in doing due diligence/ title search on the property of Macrotech, which was mortgaged against the loan.
Advising the Central Bank of Bangladesh on the legal aspects of their restructuring (World Bank Project for 2 ½ years).
Advised the World Bank on the World Bank India Small & Medium Enterprise (SME) Project, Risk Sharing Facility Structuring
Advised Power Finance Corporation Limited on documentation of the loan sanctioned by Power Finance Corporation to Maharashtra State Electricity Board in respect of Thermal Power station at Beed, Maharashtra entailing drafting of the Loan Agreement, Mortgage Deed / Undertakings, Board Resolution and opinion on the Title Search Report etc.
Advised Power Finance Corporation Limited on the loan sanctioned to Jindal Thermal Power Company Limited (debt-refinancing) entailing vetting and finalization of Loan Agreement, Pari Passu Agreement, Security Trustee and Agent Agreement, Pledge Agreement, Memorandum of Hypothecation, Indenture of Mortgage, Letter of Waiver, Deed of Re-Conveyance, Declaration, etc.
Acted on behalf of Power Finance Corporation Limited in connection with financial assistance to M/s. Enercon Wind Farms (Rajasthan) Pvt. Ltd. and M/s. Enercon Wind Farms (Jaisalmer) Pvt. Ltd. for procurement of equipment under Lease Finance Scheme for setting up Wind Farms in Rajasthan.
Advising HSBC, Hong Kong in relation to transfer of their merchant acquiring business.
Assisted Power Finance Corporation Limited on documentation of the loan sanctioned by Power Finance Corporation to Himachal Pradesh State Electricity Board for Hydro Electric Projects of 2X50 MW in Uhl and 2X33 MW in Kashang in Himachal Pradesh.
Advised Wells Fargo Foothill Inc., a California based Company in respect of a global lending transaction. Rendered India level advice on their Securitisation transactions.
Advised Power Finance Corporation Limited relating to security/guarantees to be taken by Power Finance Corporation for the loan sanctioned to Shree Maheshwar Hydel Power Corporation Limited for the Maheshwar Hydel Power Project in Madhya Pradesh.
Documentation of the loan sanctioned by Power Finance Corporation to Gautami Power Limited in respect of its combined cycle power project in Andhra Pradesh entailing vetting and finalisation of Loan Agreement, Pari Passu Agreement, Security Trustee and Agent Agreement, Pledge Agreement, Memorandum of Hypothecation, Indenture of Mortgage, Letter of Waiver, Deed of Re-Conveyance, Declaration etc. [Project cost: Rs. 1500 crores]
Advised UBS in relation to restructuring of debt owed by Prime Asia N.V (the Borrowers) to Union Bank of Switzerland AG (UBS AG).
Assisted Indian Renewable Energy Development Agency (IREDA) in 14 Power different projects in India, financed by it.
Represented National Housing Bank for debt securitisation of immovable properties.
Represented Bayerische Hypo-undVereinsbank Aktiengesellschaft, in relation to a debt transaction involving a term loan of 10.3 million Euros to Shriram Fibres Limited.
Advised Tourism Finance Corporation of India in relation to various loans and documentation in connection therewith.
Advised DVB Bank-Tolani Shipping Co. Limited on the loan facility, including documentation in relation to the transaction.
Represented Euronet Worldwide, Inc. and advised them in connection with refinancing transactions.
Advised GMR Infrastructure Limited on documentation, including Consortium Agreement, Lead Bidder Agreement, etc. at the bidding stage of the International Airport Project at Hyderabad.
Represented Standard Chartered Grindlays in relation to general loan transactions.
Acted for Kolkata West International City Private Limited promoted by Salim Group & Ciputra Group of Indonesia in relation to the West Howrah Township project in West Bengal.
Advised Modi-Mundipharma Limited and Mundipharma Laboratories GmbH in relation to foreign currency loan documentation.
Rendered advice to CCIL Mumbai on Rupee derivative products.
Advised Bayard Capital, Australia in relation to issue of guarantees and creation of security in favour of Australian Banks.
Represented Cessna Finance Corporation in relation to refinancing of two Helicopters.
Advised IDFC, the Financier in relation to Bio-energy Power Project in Lucknow.
Advised ICICI in relation to negotiations on financial documentation, loan documentation, security documentation, deed of hypothecation, non-resource financing in relation to the ST-CMS Neyveli Power Project in Tamil Nadu.
Advised Crysler Bank, one of the lenders in the Karnataka Project of Jindal/Tractobel.
Advised Citibank, the main lender in the Bhilai Project of Citibank / Larsen & Toubro.
Advised the Bank of America in its MPDC Investment in Dabhol Power Company including drafting the facility & guarantee agreements.
Acted as the Indian counsel for ABN-Amro Bank/ICICI and advised on all Indian law issues relating to the project including power purchase agreements and financial documents both for foreign currency and rupee financing, devised an appropriate security package in consultation with the developers, Indian legal counsel, drafted and negotiated security documents to conducting detailed due diligence on the project especially with respect to statutory and regulatory approvals including environmental approvals and title to land with regard to the Videocon Power Limited project.
Advised the Rabo Bank in relation to its joint venture to establish Rabo India Finance Private Limited.
Advised the Banque Brussels Lambert – ING Bank in relation to the acquisition of shares in Vyasa Bank Limited.
