Chambers Review
Provided by Chambers
Banking & Finance - India
What the Team is Known For
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.
Strengths
Their commerciality, pragmatism and ability to deliver the best product amidst the shortest deadlines is second to none.
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.
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.
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.
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 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.
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.
Gautam's communication skills and technical skills standout. He is very well-regarded within the bank.
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 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 brings an incisive, solution-focussed mind to analyse and execute all our transactions.
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.
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.
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.