Large international banks, multilateral financial institutions, private credit funds, and other lender-side clients regularly seek the counsel of the ‘outstanding’ banking and finance offering at IndusLaw, which stands out for its strength in both contentious and non-contentious matters. Notable individuals in the group include Sushmita Gandhi, whose expertise spans both cross-border debt financing transactions and arbitration mandates, and Ashutosh Narang, who takes point on acquisition finance, asset finance, and securitisation issues. Also in the core team are Shabbeer Ahmed and Pritha Chatterjee; Ahmed represents financial creditors and liquidators in complex litigation cases, while Chatterjee focuses her practice on structured finance issues and debt capital markets work.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The knowledge and expertise of IndusLaw in respect of banking and finance laws is outstanding. The attitude of IndusLaw towards any task assigned is exceptional and they have delivered the desired results.'

  • 'The team at IndusLaw has the zeal and capabilities to deliver favourable results in litigation. The quality of work is amazing.’
  • ‘Go-getter attitude. Always there to help out in any matter assigned to the firm. Come up with the most optimum solution to safeguarding the interest of the client. Have a good blend of legal and commercial understanding.’

  • ‘Ashutosh Narang and his team have been a huge support in our transactions.’

Key clients

  • L&T Finance Limited
  • J.C. Flower Asset Reconstruction Company Private Limited
  • Power Finance Corporation Limited (“PFC”)
  • IndusInd Bank Limited
  • Edelweiss Asset Reconstruction Company Private Limited
  • DBS Bank
  • Hampi Expressways Private Limited
  • Salarpuria Sattva group entities
  • FirstRand Bank Limited
  • Indian Renewable Energy Development Agency Limited
  • Bangkok Bank Public Company Limited
  • MSTC Limited
  • Tata Realty and Infrastructure Limited
  • HDFC Bank Limited
  • Kotak Mahindra Bank Limited
  • Axis Finance Limited
  • Shirasa Dwellings Private Limited
  • Dharamshala Ropeway Limited (“DRL”)
  • Aditya Birla Finance Limited
  • Yulu Bikes
  • RBL Bank Limited
  • Bertzman Social Ventures Inc.
  • True North Credit Opportunities Fund I
  • Sundaram Alternate Assets Limited

Work highlights

  • Advised and represented L&T Finance in a commercial Suit filed against it by a cooperative Housing Society before the Hon’ble Bombay High Court.
  • Advising and representing J.C. Flower Asset Reconstruction Company Private Limited / YES Bank Limited in a commercial suit filed by the guarantor of E Commerce Magnum Solution.
  • Advised Power Finance Corporation on the financing extended to ReNew Photovoltaics Limited aggregating to INR 2456,00,00,000 for inter alia, financing the set-up and implementation of solar module manufacturing plants in Jaipur, Rajasthan and Dholera, Gujarat and solar cell manufacturing plant in Dholera, Gujarat.

Other key lawyers

Ashutosh Narang, Sushmita Gandhi, Shabbeer Ahmed, Pritha Chatterjee