The banking and finance offering at AZB & Partners runs the gamut of domestic and cross-border matters, expertly providing both borrower- and lender-side advice on leveraged buyouts, acquisition finance, and structured finance, as well as project finance transactions. Bahram Vakil and Anand Shah jointly oversee the team, which attracts praise for its ‘commercial approach and client-focused solutions.’ Founding partner Vakil has extensive experience advising on infrastructure and project finance matters, while Shah is a key port of call for domestic and offshore financial institutions and investors. Nilang Desai is the key contact for restructuring and insolvency transactions; Hufriz Wadia takes point on cross-border asset financing mandates; and Ishan Handa is the name to note for real estate financing work.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Ishan Handa is a standout partner, for his client service and technical ability. Ishan provides commercial and pragmatic solutions for technically complex issues.’

  • ‘A strong team, very adept and experienced at advising on the complex Indian legal and regulatory environment, in particular with respect to cross-border finance deals. ’

  • ‘Hufriz Wadia is very smart and commercially sensible. Anand Shah is also excellent with a strong profile in the Indian legal industry, especially for aviation finance matters.’

  • ‘We have worked with Anand Shah and Ishan Handa who are both proactive in their approach and thorough in their analysis. They also help people with non-legal backgrounds understand legal intricacies quite well.’

  • ‘Depth of knowledge of the subject matter, good client relationship management and good turnaround time.’

  • ‘Holistic approach, subject knowledge and eye for details.’

  • ‘Commercial approach and client-focused solutions.’

  • ‘The expertise and in-depth knowledge as well as their responsiveness are the key differentiators for AZB in my opinion.’

Key clients

  • HDFC Capital Advisors Ltd
  • HDFC Capital Affordable Real Estate Fund – 3
  • Air India Ltd
  • Kalpataru Group
  • Kotak Alternate Asset Managers Ltd
  • Allianz Asia Pacific Private Credit Debt Holdings S.A R.L.
  • Edelweiss Alternative Asset Advisors Ltd
  • National Asset Reconstruction Company Ltd
  • Edelweiss Asset Reconstruction Company Ltd
  • Experion Capital Pvt Ltd
  • VR Majha Ltd and VR Malwa Pvt Ltd
  • Investec Bank plc and Emerging India Credit Opportunities Fund I – India
  • Barclays Bank Plc
  • KKR
  • The Carlyle Group
  • HSBC Bank
  • JM Financial
  • Axis Capital
  • Nomura
  • Deutsche Bank
  • BNP Paribas
  • TPG Asia
  • Jana Small Finance Bank Ltd

Lawyers

Hall of Fame
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Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Bahram Vakil, Anand Shah

Other key lawyers

Nilang Desai, Ishan Handa, Hufriz Wadia