Sawant Singh

Career

Sawant is a Co-founding Partner of Phoenix Legal. His services have been widely recognized and he is known for having a "great reputation” in the market. According to Asialaw Profiles, Sawant "is highly respected by peers and much acclaimed by clients” and according to Chambers and Partners, Sawant "has great clarity of thought and varied exposure, and handles very big transactions with ease”. He also has been referred to, by Chambers & Partners, as one of India’s most in-demand banking practitioners and has been listed in the ‘A-List: India’s Top 100 Lawyers’ as an Icon by the Indian Business Law Journal.

Professional Memberships

• Member of the Bar Council of Maharashtra and is licensed to practice in any court in the Union of India.

• Member of Indo-German Chamber of Commerce.

Publications

• "RBI’s draft directive for housing finance companies", IBLJ

• “A new climate for regulating financial risk", IBLJ

• "RBI may be learning to trust SROs", IBLJ

• "Regulation for stressed assets needs work", IBLJ

• Authored a chapter on 'Entry Strategies and Foreign Investment Regulations' in the book India The Business Opportunity, A Practical Legal and Regulatory Handbook foreword by Arun Jaitely, Finance Minister, India

Clients

Deutsche Bank

HDFC Bank Limited

Indusind Bank Limited

State Bank of India

FMO (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V)

Finnish Fund for Industrial Cooperation Ltd

Northern Arc Capital Limited

Vivriti Capital Private Limited

Oricon Enterprises Ltd

Sanctum Wealth Private Limited

Suburban Diagnostics (India) Private Limited

HELM India Pvt Ltd

Sojitz Corporation

Work Highlights

• Deutsche Mutual Fund on the acquisition of its mutual fund schemes and portfolios under management by DHFL Pramerica Mutual Fund, including assistance with obtaining the relevant regulatory approvals under the SEBI (Mutual Fund) Regulations, 1996, the SEBI (Portfolio Managers) Regulations, 1993 and the Competition Act, 2002.

• Citibank, devising and successfully implementing India's first revolving securitisation for working capital loans.

• Oricon Enterprises Limited on the sale of its plastic caps and closures and preforms business by way of slump sale on a going concern basis to Manjushree Technopack Limited (owned by Advent).

• Advised clients such as the Hilti Group, J.P. Morgan, Paypal, Deutsche Bank, Mizuho Bank, Australia and New Zealand Bank, Messe Frankfurt, MoneyGram, KCG Holdings Inc. and RuderFinn on various issues relating to employment laws.

• Sojitz, on a USD 40 million joint venture (including equity infusion, credit support, exclusive supply arrangement and technical services) with the Archean Group to set up and operate a marine chemicals plant.

Industry Sector Expertise

Includes private equity, project finance, securitisation, asset reconstruction, consortium banking, domestic and external commercial borrowings and debt restructuring, corporate and commercial, labor/employment and real estate issues including inbound and outbound foreign investment, corporate restructuring, mergers and acquisitions and joint ventures.

Expert in these Jurisdictions

India & Cross Border

Languages Spoken

Hindi & English

Education

Experience

29 years

Awards