Practice Areas

Banking & Finance

We have a long-standing reputation for excellence in banking and finance law.  Our practice is recognized as one of the premier and sophisticated practices in India, serving an esteemed clientele that includes top national and international banks, companies, and financial institutions.  With a deep understanding of the financial markets and regulatory landscape, we provide strategic legal advice and innovative solutions to our clients.

At Majmudar & Partners, we are committed to delivering exceptional service and value to our clients in the banking and finance sector.  With a client-centric approach and a dedication to excellence, we strive to be the trusted legal partner our clients rely on for all their banking and finance law needs.  Whether it’s navigating complex transactions, resolving disputes, or ensuring regulatory compliance, we provide strategic guidance and support every step of the way.


Comprehensive Legal Services

Our Banking & Finance practice covers a wide spectrum of services, ranging from traditional banking transactions to complex financial arrangements. We advise clients on a diverse range of matters, including external commercial borrowings, trade finance, secured commercial lending, cross-border and national leasing and hire purchase, banking and securities regulatory work, project finance, structured finance, enforcement and realization of security interests, and derivatives advisory work.  Our team of experienced attorneys has the expertise to handle the most intricate and high-value transactions with precision and efficiency.


Project Finance

Project finance is a complex and specialized area within banking and finance law, requiring in-depth industry knowledge and transactional expertise. Our firm has a proven track record in advising clients on project finance transactions across various sectors, including infrastructure, energy, real estate, and telecommunications. We assist clients in structuring project financing arrangements, negotiating financing agreements, and mitigating project risks, ensuring the successful execution of their projects.


Banking Regulatory Compliance

Navigating the regulatory landscape is paramount in the banking and finance industry.  We offer expert advice on banking and securities regulations, ensuring that our clients remain compliant with the ever-evolving legal requirements.  Whether it’s assisting clients in obtaining regulatory approvals or advising on compliance matters, our team provides proactive guidance to mitigate risks and safeguard our clients’ interests.


Banking and Finance Disputes

In addition to transactional work, our Banking & Finance practice is adept at handling complex legal disputes and regulatory investigations.  We have successfully represented clients in major bank fraud cases involving significant sums of money, utilizing our litigation expertise and strategic advocacy to achieve favorable outcomes.

Recent Transactions in Banking & Finance

  • Airlines Reporting Corporation in presenting a letter of credit to ICICI Bank Limited, Mumbai, for realization.
  • Elementis Holdings Limited in connection with preparing and filing the Annual Return on Foreign Liabilities and Assets of its Indian subsidiary with the Reserve Bank of India.
  • Bank Mizrahi-Tfahot, Israel, as regards obtaining a bank guarantee from an Indian company, and advice on its validity under India’s foreign exchange regulations.
  • Israel Discount Bank of New York on Indian banking and insolvency laws.
  • A leading Indian public sector bank on litigation strategy to recover its financial dues from a borrower.
  • Norinchukin Bank, Singapore, in connection with its proposed lending activities in India.
  • Axis Bank Limited in connection with setting-up an online platform for Trade Receivables Discounting System (TReDS) under the Payments and Settlement Systems Act, 2007 for discounting and factoring of the trade receivables of Micro, Small and Medium Enterprises (MSMEs) in India.
  • Landesbank Hessen – Thuringen (Helaba) on Indian laws pertaining to negotiable instruments and guarantees, and on the statute of limitation to enforce them, including the immunity provided to government or governmental agencies.
  • Unicredit Group on assignment of receivables under export of goods and services and on the enforceability of such assignments, and the precautions to be taken to ensure that the assignee has the right to recovery from the onshore importer under Indian law.
  • Dhanlaxmi Bank Limited on the enforceability of the loan and security documents against the borrower company in default, and its guarantors, and advised on the strategy to initiate effective legal proceedings before the competent forum.
  • Punjab National Bank on the aspect of enforceability of loan and security documents against a borrower company in default, and its guarantors, and advised on the strategy of initiating necessary and effective legal proceedings, and on the choice of forum for seeking reliefs.
  • State Bank of India on the drafting of the Inter se Agreement and Memorandum confirming the extension equitable mortgage by deposit of title deeds for Jampana Construction Private Limited.
  • Several banks based in the Kingdom of Saudi Arabia led by Saudi Hollandi Bank in creation of a security by the Balsharaf group on the shares of an Indian listed company, involving obtaining the Reserve Bank of India’s approval for creation of the pledge and advice on securities law implications.
  • Bank of Baroda, Manchester, on a supplemental deed to the corporate guarantee up to EUR16,500,000 provided by the Indian company directors against the loan of EUR11,000,000 extended to UPL Italia, an Italian subsidiary of the Indian company.