India’s banking and finance sector is rigorously regulated by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI). These bodies enforce a framework that ensures market stability, fairness, and strong consumer protection measures. The legal complexities in this sector are significant, with strict guidelines on risk management and compliance that financial institutions must adhere to.
India’s banking and finance sector is rigorously regulated by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI). These bodies enforce a framework that ensures market stability, fairness, and strong consumer protection measures. The legal complexities in this sector are significant, with strict guidelines on risk management and compliance that financial institutions must adhere to.
The sector is currently undergoing a transformative shift towards digitalization, leading to new legal challenges, especially in the realms of data protection, privacy, and cybersecurity. These changes necessitate a deep understanding of both existing and emerging regulations.
Our accomplished Banking & Finance team specializes in areas such as rupee financing, external commercial borrowings (ECB), overseas direct investments (ODI), acquisition financing, project financing, and ancillary security documentation. Tailoring our expertise to meet your needs, we provide specialized regulatory advice to navigate challenges under the Foreign Exchange Management Act, 1999 (FEMA) and its associated regulations.
Our accomplished Banking & Finance team specializes in areas such as rupee financing, external commercial borrowings (ECB), overseas direct investments (ODI), acquisition financing, project financing, and ancillary security documentation. Tailoring our expertise to meet your needs, we provide specialized regulatory advice to navigate challenges under the Foreign Exchange Management Act, 1999 (FEMA) and its associated regulations. We take pride in advising on a wide array of securitization and asset reconstruction transactions, representing pioneering asset reconstruction companies in India.
What sets us apart is our in-depth local knowledge of various statutes, combined with our familiarity with international best practices. This enables us to not only comprehend but also anticipate potential legal and commercial risks in a transaction.
Our client base includes distinguished public sector and private sector banks, global banks, funds, investment houses, asset reconstruction companies, as well as domestic and foreign commercial enterprises. Over time, we have successfully managed large, complex, and groundbreaking transactions, from the initial structuring and term sheet stage through to completion.
Our client base includes distinguished public sector and private sector banks, global banks, funds, investment houses, asset reconstruction companies, as well as domestic and foreign commercial enterprises. Over time, we have successfully managed large, complex, and groundbreaking transactions, from the initial structuring and term sheet stage through to completion. These transactions have ranged from USD 5 million to USD 2 billion.
Our multidisciplinary approach and core insolvency team comprising of talent from litigation, tax, banking, corporate and regulatory backgrounds, makes ELP well positioned to help our clients on most complex restructurings.
Our clientele includes operating creditors, banks, financial investors, steering committees, insolvency practitioners, as well as directors and officers of distressed entities. Drawing on our extensive experience in debt restructuring, recoveries, equity capital raising, restructuring, open offers, distressed M&A, and related advisory work, we have successfully guided clients through the intricacies and challenges posed by the Insolvency and Bankruptcy Code (IBC).
Our comprehensive range of services covers various stages of the process, starting from Pre IBC-related initiation (Review & Analysis) to IBC Initiation (Application Process), Insolvency Process (Corporate Insolvency Resolution Process), and the Implementation of resolution plans. Additionally, we offer general advisory, structuring, documentation, and corporate support to further bolster our clients’ journey towards successful resolutions.
We provide assistance in drafting transaction documents for various finance transactions, spanning structured financing, acquisition financing, asset financing, project financing, and corporate financing. Our expertise encompasses the entire process, from drafting and negotiating to finalizing loan agreements, security documents, contractual comfort documents, and ensuring compliance with relevant conditions. Additionally, we handle ancillary documentation, such as escrow agreements, trust and retention account agreements, and inter-creditor agreements, to safeguard the interests of all stakeholders involved.
Moreover, we conduct thorough reviews and diligence from a lenders’ perspective on project documents, providing our clients with invaluable insights and comprehensive assessments. Our in-depth understanding of the complexities and nuances involved in finance transactions ensures that we deliver documents of the highest quality, tailored to meet the specific needs and objectives of each client.
We offer comprehensive assistance in structuring and documentation for private placements, ensuring a seamless process from start to finish. Our services encompass a range of tasks, including a thorough review of the private placement memorandum, diligent examination, and facilitation of the placement with the relevant stock exchanges.
ELP offers expert assistance on transaction documents and provides valuable advice on restructuring transactions, including securitization structures. Additionally, we conduct thorough reviews of existing debt documents, identifying potential issues and challenges. With our in-depth knowledge, we recommend effective solutions to address these concerns, helping our clients achieve their financial objectives.
ELP offers specialized regulatory advice tailored to address issues arising under the Foreign Exchange Management Act, 1999 (FEMA) and its ancillary regulations. Our expertise in this area ensures that our clients receive the highest level of guidance and support to navigate the complexities of foreign exchange regulations.
Alerts & Updates 2nd Jan 2025
Balancing Regulation and Accessibility: Addressing Unregulated Lending in India with a Comprehensive Approach
READ MORE
Alerts & Updates 3rd Dec 2024
Analysis of RBI Norms on KYC, Data Privacy, and Confidentiality Obligations in Banking
READ MORE
Alerts & Updates 28th Oct 2024
Bank Auction Woes: Supreme Court Upholds Rights of Auction Purchasers in the Face of Unilateral Cancellations
READ MORE
Alerts & Updates 10th Oct 2024
Analysis of RBI Directions on Compounding of Contraventions under FEMA
READ MORE
News & Media 19th Sep 2024
Not paid GST, TDS, and PF dues of INR 427 crore since 2020: SpiceJet
READ MORE
Alerts & Updates 19th Sep 2024
Evolution of the Role of Reserve Bank of India: Current framework of imposition of penalties and need to enhance supervisory mechanism
READ MORE
Acted as the lenders’ counsel to the State Bank of India and a consortium of 11 banks on a working...
READ MORE +
Assisted Reliance Power Limited in receiving an equity Investment of INR 933 crores and a debt investment of INR 825...
READ MORE +
Advised Industrial and Commercial Bank of China on setting up a branch in India.
Advised ICICI Bank in extending term loan facilities for various projects.
Extensively worked with IndusInd Bank on corporate finance/project finance/real estate finance and shipping finance matters.
Advised Bandhan Bank in drafting and finalizing the standard documentation for its retail, agricultural and SME products launched in India.
Banking & Finance | Corporate & Commercial | Hospitality | Independent Director Advisory | Infrastructure, Projects & Energy
Banking & Finance | Corporate & Commercial | Investment Funds | Private Equity & Venture Capital
Banking & Finance | Restructuring and Bankruptcy
I would describe the firm as efficient, fast, and reasonable,” one market source compliments the team.
Chambers Asia PacificPrecise and to the point advisory services. Good and up to date knowledge of laws and market practice.
IFLR 1000The team reverted in time and made sure that the complex transactions are smoothly executed without any complications. The firm has a strong banking and finance and real estate practice. They have a solution-oriented approach.
IFLR 1000The firm has a wide range of practice areas which gives the client a holistic view even if the query is related to a specific topic. Strong knowledge base coupled with market information and experience is their greatest asset.
AsiaLawThey meet all our expectations, they are meticulous, and they have in-depth subject knowledge, a client says.
Chambers Asia PacificThe individual lawyers at Economic Laws Practice are brilliant, hard working and dedicated true professionals. Truly the best I have worked with.
Legal 500 Asia PacificAs per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.