Representing Hellman & Friedman on its acquisition of Lehman Brothers' India asset management and advisory business.

Represented Banque de Commerce et de Placements (BCP), a large Swiss bank, in a major trade finance dispute against Canara Bank and Shri Govindraja Mills.  The litigation was over an irrevocable letter of credit issued by Canara Bank in favour of BCP , which Canara Bank could not honour, as its client, Shri Govindraja Mills, filed a suit and brought an injunction.  After prolonged litigation in three different courts, Majmudar & Co. successfully got the injunction vacated and effected full recovery for BCP.

Represented Clico Investment Bank Limited, a leading investment bank in Trinidad and Tobago, in its US$25 million financing of Essar Steel Caribbean Limited, which is a part of the Essar goup of companies.  The deal involved comprehensive legal due diligence on Essar entities based in Mauritius and India, and vetting and finalizing the lending and security documents. 

Advised the Travelers Group on security creation and enforcement of indemnities in India

Advised B.C. Components on debt restructuring and security enforcement issues

Advised J. P. Morgan on issues pertaining to Indian pledges

Handled major letters of credit disputes for Wells Fargo Bank and BCP (based in Switzerland)

Advised UTI Bank on asset securitization issues, especially the stamp duty payable on transfer of receivables

Counsel to the Life Insurance Corporation of India on power and other infrastructure projects, and project finance

Counsel to Société Générale, London, on debt restructuring of an Indian company

Handled major restructuring and financing transactions, and general banking matters on behalf of the Industrial Development Bank of India, Industrial Finance Corporation of India, State Bank of India and UCO Bank