Insurance Banking and Finance

Professional And Experienced Family Law Attorney

Insurance

The insurance sector in India functions under the auspices of the Department of Financial Services, Ministry of Finance. It is regulated by the Insurance Regulatory and Development Authority of India (IRDAI). The Department of Promotion of Industry and Internal Trade (DPIIT) under the Foreign Direct Investment (FDI) Policy allows 100% FDI for insurance intermediaries including insurance broking, insurance companies, third party administrators, surveyors and loss assessors. This is subject to the verification by the IRDAI.

We at Ahana & Associates have a highly experienced team of lawyers in the field of insurance. Our Partners have provided legal services to insurers, reinsurers, brokers, investors, intermediaries, investment banks, policyholders, etc. which includes handling of joint ventures, market-entry projects, corporate restructuring, strategic investments and exits, obtaining approvals before IRDAI, structuring transactions in line with domestic policy, supporting clients in general business activity, advising on complex product structuring and design arrangements, investment strategy, group restructurings, regulatory compliances, insurance registrations, distribution channels and networks, litigation and several others., etc.

Services provided by our Firm includes:

  • Assisting our clients at every stage of the insurance process, including incorporation of the business, handling claims, coverage advice, and insurance litigation, as well as arbitration.
  • Advising our clients with regards to insurance laws as well as address insurance and reinsurance coverage issues arising out of a wide variety of claims, including bad faith claims, environmental related claims, construction defect claims, construction bodily injury claims, personal injury claims, product liability claims, general liability claims and claims related to storm, fire, water losses, etc.
  • Advising on bank finance, mode of employment, facilitating regulatory clearances and facilitate entry routing and business set-up of various multinational companies.

Banking and Finance

 

We at Ahana & Associates, bring with us a holistic understanding of the expectations and requirements of stakeholders in financing transactions. The firm has the capability to offer comprehensive legal services to the lenders, borrowers, advisers and other intermediaries including handling of disputes related to dishonor of cheques under section 138 of Negotiable Instruments Act 1881. The Partners have handled clients including leading banks, financial institutions, NBFCs and business houses. The firm further has the capability to handle the entire spectrum of work including due diligence on the Borrowers, Promoters and Projects / Securities, structuring transactions, drafting term sheets and transactional documents, negotiations, advising on the regulatory framework and related issues and also cases and disputes related to dishonor of cheques under section 138 of Negotiable Instruments Act 1881.

Our team of attorneys have assisted and advised clients on loan securitization, syndicated loans, corporate debt restructuring (CDR), structured finance and project finance.

Services provided by the Firm are:

Corporate Finance

  • Conducting legal due diligence of the borrower entities.
  • Structuring and advising on corporate financing transactions, including drafting, negotiating, reviewing and finalizing of transaction documents and security documents.

Structured Finance

  • Advising and assisting clients in private placement and public issues of debentures, bonds, foreign currency convertible bonds, rupee denominated bonds, debt-equity swaps, debt security instruments and other forms of mezzanine and bridge financing.
  • Structuring, drafting, negotiating, reviewing and finalizing of transaction documents and security documents.

International Banking

  • Structuring and advising on regulatory aspects of foreign currency loans availed through external commercial borrowings/overseas direct investments.
  • Advising foreign lenders on regulatory aspects of creation and perfection of security in relation to foreign currency loans.
  • Drafting, negotiating, reviewing and finalizing transaction documents.

Securitization and Factoring

  • Structuring and advising on regulatory and implementation aspects of Securitization and Factoring and drafting, negotiating, reviewing and finalizing transaction documents.

Project Finance

  • Advising public and private sector banks and financial institutions on financing of infrastructure projects (including airports, power generation & distribution (solar, hydro, wind & thermal), oil & gas, roads & highways, ports, mass rapid transit system, cement plants, schools, mining, etc.
  • Preparation and finalization of financing and security documents and providing risk analysis of project documents.
  • Advising on stamp duty and registration implications and the sufficiency and enforceability of financing and project documents.

Debt Restructuring and Re-financing

  • Advising and assisting lenders and borrowers on various modes of debt restructuring and refinancing.