Restructuring and Insolvency; Banking and Finance; Projects, Infrastructure and Energy

Ashish joined DSK Legal in May 2010 in its Mumbai office right after graduating from the college. Ashish focuses on Insolvency and Restructuring and also has significant experience of Project Financing and Mergers & Acquisitions transactions, etc. in the Infrastructure and Energy sector.

Relevant Experience

Ashish’s work highlights include the following:

Advising Resolution Professionals during corporate insolvency resolution processes, liquidation processes, voluntary liquidation processes, etc. under the Insolvency and Bankruptcy Code, 2016 (IBC). Advising resolution applicants/bidders for submission of the resolution plans in the corporate insolvency resolution processes of the companies and for submission of bids in the liquidation proceedings of the companies under the IBC. Advising clients for financing and refinancing of their debts through structured loans including domestic and foreign currency loans, revolving letter of credits facilities, etc. including restructuring and rescheduling of their debts. Advising clients for raising finance by issuance of the non-convertible debentures under private placement from various stressed funds and investors. Advised on structuring, documenting and negotiating transactions of mergers & acquisitions, private equity, strategic investments, joint ventures and investment restructuring in the Energy & Infrastructure sector. Advising on various energy and infrastructure projects i.e. power projects, road projects, port projects, airport cargo handling projects, non-aeronautical development in airport, railway projects, etc. including development, operation and maintenance of these projects, drafting and negotiating documents for bidding process for PPP/PFI deals, consortium arrangement, project equity, project debt, EPC, O&M, Supply Contracts, etc.

Ashish has been advising many clients including ARCIL, Phoenix ARC, Suraksha ARC, Omkara ARC, Edelweiss Stressed Asset Fund, SBI Stressed Asset Fund, Kotak Stressed Asset Fund, KPMG Restructuring, BDO Restructuring, Quantuum Insolvency, Waterfall Insolvency, State Bank of India, IDBI Bank, SC Lowy (HK), AfrAsia Bank (Mauritius), Liberty House Group, Aditya Birla Sun Life AMC, Ministry of Railways, Ministry of Power, Rites Limited, Public Works Department (Government of Maharashtra), Indian Oil Corporation, Alstom Transport India Limited, PSA International (Singapore), Cargo Service Center India Private Limited, Tata Realty & Infrastructure, etc.

Ashish has authored many articles on the subjects relating to Restructuring and Insolvency, Infrastructure, Energy and Project Finance published in various magazines including Indian Infrastructure, Infrastructure Today and Infraline.

Awards and Recognition

Ashish has been recognized as a ‘Next Generation Partner’ by ‘Legal 500 Asia Pacific 2023’. Ashish has been ranked as a ‘Rising Star’ by IFLR1000 2021. Ashish was one of the lead members of the transaction team, which was awarded “Innovation in Managing Complexity and Scale – Asia Pacific headquartered firms” by ‘Financial Times Asia Pacific Innovative Lawyer Awards 2018’.

Bar Council of Maharashtra and Goa

Partner

B.Com., LL.B. (Hons.), Gujarat National Law University (2010) Company Secretary, Institute of Company Secretaries of India (2011)