Firm / Organisation

ZBA

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Number of partners: 2
Number of lawyers: 12
Languages: English, Gujarati, Hindi, Marathi

Firm Overview:
ZBA is a boutique law firm headquartered in Mumbai providing international quality Indian law advice to domestic and international clients. ZBA specialises in arbitration and litigation, banking and finance, corporate commercial, debt capital markets, insolvency and restructuring, project finance and regulatory advice, with an international focus. It has a strong sector capability in energy, financial services, infrastructure, insurance, healthcare, retail and maritime. ZBA’s client list includes leading global and Indian business houses, banks and financial institutions, multilateral agencies, investment banks, investors, insurers, ship owners, commodity trading houses, charterers and clubs.

Senior partners consciously combine their international and domestic experience in order to deliver legal services on par with magic circle quality. In particular, not only is ZBA able to provide domestic clients with services commensurate with those they would expect from an internationally ranked firm, but it guides clients through cross border and jurisdictional differences and complex regulatory frameworks which clients value. Many people in the firm have worked in foreign and domestic financial institutions and corporates. It strengthens the legal capability of its lawyer bench to match global standards

ZBA is known for developing trusted relationships with clients providing deep expertise and sector specialisation, responsiveness, partner involvement on each matter with a focused team and with practical and robust solutions to meet client’s strategic objectives. ZBA utilises its legal strength to provide pro-bono legal services to non-governmental organisations as well as contributed to policy initiatives.

ZBA represents clients across all High Courts, National Company Law Tribunals, National Company Appellate Tribunals, Debt Recovery Appellate Tribunal and Debt Recovery Tribunal and the Supreme Court. The firm’s depth of understanding of the regulatory intentions is what it brings to the table. The firm has been ranked by several well-recognised publications such as Chambers and Partners, Legal 500, Asian Legal Business, IFLR1000, Indian Business Law Journal, Asia Law Profiles and Who’s Who Legal. The firm was ranked by the RSG India Report 2019, as one of the top 50 firms in India.


Main Areas of Practice:
Domestic:

■ Foreign corporate on US$570 million steel unit acquisition
■ Shriram Transport on majority stake sale in physical car auction platform for pre-owned vehicles to MXC, online automotive business
■ Stake sale in Impresario ‘Social/Salt Water’ restaurants to L Catterton
■ Listed entity US$250 million consortium credit facility for a metro rail project
■ Listed entity US$2 billion fund and non-fund credit facilities from consortium banks
■ US$35 million securitisation of Muthoot Capital Services Limited and issuance of pass through certificates
■ 5 issuances for L&T Finance of US$84 million compulsorily redeemable listed non-convertible preference shares
■ Bharat Petroleum Corporation on US$1.42 billion equivalent domestic listed bonds
■ Housing finance company litigation in the Bombay High Court seeking repayment of amounts owed

International Work:
■ Acting and advising an international insurer and ship owner on a complex dispute relating to a collision and oil spill in India
■ Acting for an international commodity trading house in LCIA proceedings in London and subsequent enforcement proceedings in India
■ Representing an international trading company on enforcement of collateral management agreements for commodities warehoused in India
■ Acting for a Korean ship owner on crossborder insolvency proceedings with India
■ Represented Chinese ship owner on contested ship arrest proceedings in India with novel questions of Indian law on ship arrest
■ Offshore bidders on bids under Insolvency and Bankruptcy Code 2016 approximating US$3 billion in the power and steel sector
■ Bankrupt US entity exit of equity shareholding of Indian company and foreign exchange export trading liabilities
■ European bank on pledge enforcement of iron ore cargo in Indian bonded warehouses
■ US$1 billion external commercial borrowing secured loans from foreign and Indian banks to 2 Indian housing finance companies
■ Mizuho, MUFG and SMBC US$300 million loan to NTPC
■ ONGC’s US$2 billion medium term note programme
■ Offshore acquisition financing for European credit fund funding a multinational group with Indian subsidiary
■ Japanese backed NIS Ganesha on its US$230 million investment in DMI Finance

Contacts:
Partner:
Zarir Bharucha
Tel: +91 98210 91908
Email: [email protected]
Partner: Niloufer Lam
Tel: +91 99206 68000
Email: [email protected]