Banking & Finance
Asia-Pacific Guide 2025 : India
Band 1
About
Provided by TT&A
TT&A has a formidable presence on sophisticated financing work and are valued for our international experience. We are regularly entrusted with complex and time-pressured mandates by major international banks and are particularly active on high-value acquisition finance, margin finance, trade and structured finance and re-financings.
Examples include advising:
- Goldman Sachs and other investors on a priority financing for GVK’s airport development unit for repayment of existing debt.
- Deutsche Bank on a listed rated NCD for GMR Airports Limited for refinancing of existing debt.
Nayara Energy Limited on working capital facilities from a working capital consortium
led by SBI.
Chambers Review
TT&A is widely considered to be a formidable team of lawyers for sophisticated banking work in India and is valued for its international experience. The law firm is regularly entrusted with important mandates in India by major international banks and non-banking financial companies, with particular activity on high-value acquisition finance, structured debt and refinancing for lenders. The firm also acts for domestic borrowers, including those in the energy sector, as well as handling real estate financing.
Work Highlights
- TT&A advised Deutsche Bank and Standard Chartered Bank as structuring banks for Goswami Infratech's USD1.7 billion financing by way of listed high-yield debentures.
Strengths
Provided by Chambers
"They have an outstanding grasp of legal issues and also of Indian regulatory complexities. TTA also has a deep team of mid-level and junior associates who are skilled at project management."
"TT&A is the calling card for when you have an extremely complex transaction that requires third-level thinking to structure. We love how they can analyse risk and reach actionable conclusions."
"Their commerciality, pragmatism and ability to deliver the best product amidst the shortest deadlines is second to none."
"They have an outstanding grasp of legal issues and also of Indian regulatory complexities. TTA also has a deep team of mid-level and junior associates who are skilled at project management."
"TT&A is the calling card for when you have an extremely complex transaction that requires third-level thinking to structure. We love how they can analyse risk and reach actionable conclusions."
"Their commerciality, pragmatism and ability to deliver the best product amidst the shortest deadlines is second to none."
Notable Practitioners
Sonali Mahapatra is a highly respected partner at TT&A in Mumbai. She is well-known for advising on acquisition finance mandates and offers thorough expertise in cross-border financings.
"Sonali has maintained the position of being our go-to on bespoke financing transactions because she remains hands-on, as her work is her passion. She also shows great attention to detail."
"Sonali is a class operator - on top of her market and strong in both regulatory analysis and its commercial implications. We have immense trust in her."
"Sonali is an amazing banking partner and handles the most difficult of transactions for us."
Gautam Saha is a partner at TT&A in Delhi. He is adept at advising lenders on a range of matters including term loans and ECB work, as well as refinancing.
"Gautam's communication skills and technical skills standout. He is very well-regarded within the bank."
Rahul Gulati is a partner at TT&A and is based in its Mumbai office. He can call upon his extensive knowledge and experience of capital markets in his banking work. He is highly rated for his work on structured financings, and attracts particular praise for his knowledge of derivatives and banking regulation.
Rituparno Bhattacharya is a partner at TT&A and is based in its Mumbai office. He regularly assists established financial institutions, international banks and alternative lenders with a wide range of financing and refinancing transactions.
"Rituparno brings an incisive, solution-focussed mind to analyse and execute all our transactions."
"Rituparno is very measured and can navigate tough situations with a calm head. He can break down complex situations into concepts that are friendly to those unfamiliar with legal nuances."
"Rituparno is very responsive, knowledgeable and just technically fantastic. He is available for the most difficult and simplest issues and is very good with clients and people at all levels."
Pallavi Meena is a partner at TT&A and is based in Delhi. She regularly advises clients on project financing, as well as ECB deals.
"Pallavi has a unique and collaborative approach when it comes to dealing with transactions. This comes with a sharp eye on the regulatory landscape."
"She has a cooperative and collaborative approach with no unnecessary nonsense."
"I like the way she negotiates. She's very direct and clear as to why we can't accept a position, and she will hold that line."
Ranked Lawyers at
TT&A
India
Members
Provided by TT&A
Nidhi Rani
Rituparno Bhattacharya
Head of Department