Banking & Finance - India
What the team is known for
Luthra and Luthra Law Offices India is known for its project finance and acquisition finance expertise. The firm is also highly active as lenders' counsel on corporate financing for major national companies. The lawyers regularly advise on restructuring and commercial borrowings and are active representing clients in the infrastructure and energy sectors. The team is especially active in the renewable power space, including solar project financings. Clients include the likes of Axis Bank, NIIF Infrastructure Finance and ICICI Bank.
Strengths
"They are excellent at handling complex matters, and they come up with appropriate solutions that are beneficial for both the lender and the borrower."
"The firm has partners who think outside the box and provide innovative solutions to complex problems. This comes from their experience across sectors, which they tie in to provide an effective solution."
Work highlights
Luthra and Luthra acted for India Infradebt on lending approximately INR266.76 crores to part-refinance four solar power projects in Karnataka, Punjab and Odisha.
Notable practitioners
Karan Mitroo is a partner at Luthra and Luthra Law Offices India and is based in its Delhi office. He is well placed to advise energy clients on acquisition financing and offers considerable experience in project finance work. "Karan has been a superb support in deal closures with high acumen and problem-solving ability."
Girish Rawat is increasingly well recognised for his experience with project and asset finance matters, particularly in the energy sector. "Girish has a dynamic personality and is exceptionally good at his job. He goes to any length to assist clients." "From Girish, one can expect quick and timely services."