Banking & Finance
Saral Kanoon has a robust and diverse Banking & Finance practice with separate verticals in project finance, corporate finance and structured finance. We advise borrowers, lenders, and security providers and have a deep understanding of legal and commercial issues that may possibly arise in the life of a lending transaction. An in-depth local knowledge of the application of various statutes with a familiarity of international best practices, allows us to understand and anticipate potential legal and commercial risks that may arise in a transaction. This coupled with our constant endeavour to destructure, ideate and innovate, enables us to provide effective solutions to all stakeholders in a transaction.
The combination of our vast experience, deep knowledge and innovative approach has led us to being the advisors of choice for complex structured transactions.
Rupee and Foreign Currency Debt
Drafting transaction documents for finance transactions, including structured financing, acquisition financing, asset financing, project financing and corporate financing. This includes drafting, negotiating and finalising the respective loan agreements, security documents, contractual comfort documents, conditions compliance and ancillary documentation (for example escrow agreements, trust and retention account agreements, intercreditor agreements etc.). We also provide a review and diligence from a lenders’ perspective on project documents.
Structuring and documentation including review of private placement memorandum, diligence and assistance in placement with relevant stock exchanges.
Assistance on transaction documents and advice on restructuring transactions, including securitisation structures. This would also include review of existing debt documents and recommending solutions on issues being faced by clients.
Providing regulatory advice in relation to issues under the Foreign Exchange Management Act, 1999 and its ancillary regulations.