Acquisition Finance 2025

INDIA Law and Practice Contributed by: Anish Mashruwala, Utsav Johri, Megha Upadhyaya and Sahil Unadkat, JSA

JSA is a leading national law firm in India. The firm has over 650 attorneys operating out of seven offices: Ahmedabad, Bengaluru, Chen- nai, Gurgaon, Hyderabad, Mumbai and New Delhi. For over 30 years, the firm has provided legal representation, advice and services to leading international and domestic business- es, banks, financial services providers, funds, governmental and statutory authorities, and multilateral and bilateral institutions. JSA has a distinguished and market-leading banking and finance practice in India. The firm has been in-

volved in several complex and bespoke cross- border and domestic acquisition finance and leveraged finance assignments for banks, fi- nancial institutions, funds, sponsors and corpo- rates in a variety of different formats, including loans, non-convertible debentures and external commercial borrowing. With a team of over 50 attorneys in the banking and financing practice, JSA possesses the expertise and resources to provide comprehensive, commercially oriented and practical advice and solutions to its clients.

Authors

Anish Mashruwala is a partner and co-chair of the finance practice at JSA. He has been practising law since 1999 and focuses on banking and finance. He has been involved in the

Utsav Johri is a partner in the finance practice at JSA. He has advised Indian and multinational banks, financial institutions and Indian borrowers extensively on diverse complex financing

foremost private equity-led acquisition finance transactions in India, with both domestic and overseas funding. He is qualified to practice in India, New York and England, and is actively involved with the Banking and Financial Law section of the International Bar Association. He has contributed several articles in the field of banking and finance, and is recognised in the banking and finance space by several international publications.

structures. His practice areas include acquisition and leveraged finance, cross- border finance, priority funding and debt capital markets. Utsav has been actively involved in various debt restructuring and security enforcement assignments. He is admitted to the Bar Council of Maharashtra and Goa, and has practised law since 2008. He has contributed to several publications in the area of acquisition finance.

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