Leading Associates

Banking and finance in India

Dhir & Dhir Associates

Dhir & Dhir Associates‘ team is noted for advising on financial transactions relating to infrastructure projects and wind power projects, and it regularly engages in due diligence, drafting transaction documents, and negotiations. The team also advises clients on regulatory requirements, which involves conducting internal policy reviews for banks. It is co-led by Guranpreet Singh Sarna and Alok Dhir. Sarna’s clients consist of banks and financial services, while Dhir plays a key role in the team as a dual-qualified chartered accountant and lawyer. Other notable members of the team include Shikha Singh, who specialises in the renewable energy sector, and Avlokita Kanwar, who has experience advising on power projects.

Responsables de la pratique:

Alok Dhir; Guranpreet Singh Sarna


Autres avocats clés:

Shikha Singh; Avlokita Kanwar


Principaux clients

India Infrastructure Finance Company Limited


NongHyup Bank


Saraswat Co-operative Bank Limited


Home Credit India Finance Private Limited


Kotak Infrastructure Debt Fund Limited


Principaux dossiers


  • Advised India Infrastructure Finance Company Limited for granting InvIT financing of INR 5000 Million to Anzen India Energy Yield Plus Trust, for the purpose of acquisition of a 100% stake in Renew Sun Waves Private Limited.
  • Advised Power Finance Corporation Limited for financial assistance of INR 3107.40 Million granted to ACME Eco Clean Energy Private Limited, for the purposes of financing setting-up and implementing a 104 MW wind power project.
  • Advised Kotak Infrastructure Debt Fund Limited for financial assistance aggregating to INR 2397.20 Million granted to group of 7 SPVs of AmpIn Group of for repayment of existing loans.

Sagus Legal

The banking and finance practice at Sagus Legal is led by Shruti Kanodia, who has longstanding experience in general corporate advisory and banking and finance. The team routinely advises both lenders and borrowers on long term loan financing and has experience handling matters in the infrastructure and manufacturing sector. It is also noted for advising clients on the drafting and negotiation of security documents, and with regulatory and legal compliance. Another key member of the team includes Nilesh Panda, who regularly acts for lenders on financing transactions, and regulatory strategy. Panda is also known for a strong knowledge of commercial contracts.

Responsables de la pratique:

Shruti Kanodia


Autres avocats clés:

Nilesh Panda


Principaux clients

Jindal Coke Limited


Jindal Ferrous Limited


Jindal Stainless Limited




Phoenix Legal

Phoenix Legal’s banking and finance practice is led by Harsh Arora, who has longstanding experience advising on a broad range of financing, restructuring, and infrastructure matters. The team is noted for handling project finance mandates, including advising on wind and solar power projects. Its clients consist of banks, fund houses, and infrastructure companies. Other members of the team include Aishwarya Samanta, who has experience advising clients in the real estate sector. In August 2024, the Delhi team was joined by Shivani Sinha who often acts for Indian and foreign banks on structured finance transactions.

Responsables de la pratique:

Harsh Arora


Autres avocats clés:

Aishwarya Samanta; Shivani Sinha


Principaux clients

HDFC Bank Limited


REC Limited


State Bank of India


Power Finance Corporation Limited


State Bank of India


IndusInd Bank Limited


Punjab National Bank Limited


Bank of India


SAMHI Hotels Limited


Principaux dossiers


  • Advised Bank of India as lender’s counsel for an INR 2000 crore financing to SJVN Green Energy Limited towards funding of the ongoing projects undertaken by SJVN Green Energy Limited.

Imperial Law Offices (I Law)

Imperial Law Offices (I Law)’ team is noted for handling the structuring, drafting, and execution of finance and security documents in a range of sectors. The team acts for clients in the manufacturing, real estate, and healthcare sectors. It is also known for advising clients on regulatory guidance regarding loan transfers and digital lending guidelines. Amit Prakash leads the team, with a range of experience consisting of advising fintech companies and acting on real estate transactions. Prakash is joined by corporate and M&A specialist Velga Vasudev.

Responsables de la pratique:

Amit Prakash


Autres avocats clés:

V. Vasudev


Les références

‘The team stands out for its deep sector expertise, client-centric approach, and agility in navigating complex financial landscapes. This team focuses intensely on banking and finance, allowing for specialised counsel across regulatory compliance, structured finance and project finance.’

‘Amit Prakash has a strong commercial understanding and precision in transaction structuring. Amit has in-depth knowledge and professional experience to sail through complex legal transactions seamlessly and within timelines.’

‘As a team, they are highly efficient in completing transaction documentation with speed and precision.’

Principaux clients

Canara Bank


Punjab National Bank


Axis Finance Limited


Tata Capital Limited


India Glycols Limited


Dew Projects and Chemicals Private Limited


Aseem Infrastructure Finance Limited


NIIF – Infrastructure Finance Limited


Principaux dossiers


  • Advised Canara Bank on UFLEX Limited securing a $370.5 million USD multi-banking corporate finance and working capital facilities through a consortium of 23 lenders led by Canara Bank.
  • Advised Axis Finance Limited on extending financial assistance of $12.05 million USD to R. J. Corp Limited for the repayment of existing unsecured debt and general corporate funding purposes.

Maheshwari & Co. Advocates & Legal Consultants

The team at Maheshwari & Co. Advocates & Legal Consultants is noted for acting for banks in financial dispute matters. This includes acting for banks on loan recovery and cheque bounce disputes. The team also advises banks on regulatory compliance. Akhand Pratap Singh Chauhan and Vipul Maheshwari co-lead the team in Delhi. Chauhan is experienced in dispute resolution processes, while Maheshwari is an expert litigator. The team also includes key member Shantanu Garg, who has experience handling commercial and criminal litigation matters.

Responsables de la pratique:

Akhand Pratap Singh Chauhan; Vipul Maheshwari


Autres avocats clés:

Shantanu Garg


Principaux clients

Canara Bank