Overview

Deepak is amongst the leading practitioners in the Projects, Energy and Infrastructure practice area with a vast experience of over 17 years. He concentrates mainly on the project structuring, pre-development and implementation of the projects, project management during implementation stage, operations and maintenance and related aspects, with respect to projects in India or outside.

His practice varies from advising clients under the public private partnerships' framework, private arrangement or otherwise, in relation to any aspect of the project. He has also been actively involved in the M&A deals involving project companies, especially in renewable energy sector and advising clients on claims and demands arising out of concession/ construction/ development contracts and representing them at the appropriate forums.

Experience Statement

• Acting for and advising Gujarat Maritime Board on various aspects, including but not limited to the following:
  • Issues arising out of the concession agreement (and its termination) for a floating dry dock project.
  • Issues arising out of the concession agreement awarded by it to Sterling Port Limited (as Concessionaire) for the implementation, operation and maintenance of the Dahej Port, Gujarat.
• Acting for and assisting Assystem Energy & Infrastructure (Juridique Groupe), a nuclear energy-based company (through Pinsent Masons) located in France, in the structuring for its proposed investment in India, project documents that it would enter into with the Indian Contractor (Reliance Infrastructure Limited), in relation to the proposed 9900 MW Jaitapur nuclear power project at Madban village of Ratnagiri district in Maharashtra.
• Acting for and advising Accion Investment Management (Cayman) Limited on the acquisition of several wind power projects being implemented and operated by NuPower Renewables Limited in the states of Tamil Nadu, Karnataka and Rajasthan.
• Acting for and advising Accion Investment Management (Cayman) Limited on the acquisition of several wind power projects being implemented and operated by NuPower Renewables Limited in the states of Tamil Nadu, Karnataka and Rajasthan.
• Acting for and advising Coastal Gujarat Power Limited (a wholly owned subsidiary of Tata Power Company Limited) for the development of 5 X 800 MW of thermal power project in Mundra District, Gujarat.
• Acting for and assisting Digital Domain Holdings Limited, a Hong Kong based listed company in setting up its India business and in obtaining various registrations, shifting of its registered office from one state to the other state.

Monalisa Kosaria, Partner at Luthra and Luthra Law Offices India, is an Advocate-On-Record at the Supreme Court of India. She holds extensive expertise in handling high-stakes, complex, and sensitive commercial matters spanning construction, real estate, insolvency, arbitration, taxation, electricity, intellectual property rights, mining, and food regulation.

She also specializes in election and gaming law and has provided counsel to emerging businesses within the fintech sector. With over a decade of experience, she has represented a diverse range of clients before various judicial and quasi-judicial forums, including the Supreme Court, High Courts, Arbitral Tribunals, Company Tribunals (NCLAT & NCLT), APTEL, PMLA, AFT, Consumer Courts, and DRT, among others.

Sharad has over 16 years of diverse and rich experience as a legal professional in Banking & Finance, Projects, Infrastructure advisory and General Corporate matters.

Sharad has handled complex transactions in Banking & Finance matters which include project finance, lease rental discounting matters, external commercial borrowings, onshore syndication, consortium transactions, structured financing, securitizations, factoring, ISDA, debenture issuances, and real estate financing.

Sharad regularly represents various lenders and companies and is also involved in providing opinions and advisories on various banking and corporate laws. In addition, he has significant experience in drafting EPC, O&M, FIDIC based construction contracts, and other allied contracts for various infrastructure projects.

Sharad has also successfully negotiated and closed M&A transactions for various infrastructure projects.

Experience Statement

• Acted and advised a multinational bank in relation to an external commercial borrowing transaction, with a green shoe option, extended to IIFL Finance.

• Acted as legal counsel to State Bank of India (SBI)-
  • in relation to fund based and non-fund-based facilities granted to Myrayash Hotels Pvt. Ltd. for construction and development of a 5-star hotel awarded by Goa Tourism Development through a concession agreement.
  • in relation to a term loan facility to part finance a project awarded to an operator entity through a supply – cum – operation and maintenance agreement for procurement of electric buses and the construction, operation and maintenance of depots, awarded by Navi Mumbai Municipal Transport.
• Represented a listed FMCG entity in relation to acquisition of non-food-based business of another entity on a slump sale basis.

• Advised on a securitization transaction involving NeoGrowth Credit Pvt. Ltd. (as Issuer) and Goldmansachs (India) Finance Pvt. Ltd. (as PTC Investor).

Suprio’s career spans over 30 years, in diverse settings. He started his career with United Nations before moving to academics, then in-house and finally transitioned to private practice from general counsel practice of more than 2 decades.

Suprio’s focus areas of practice are mergers and acquisitions, joint ventures, private equity, general corporate and commercial matters, intellectual property, technology, media & telecommunication, labour & employment, ESG, real estate, anti-corruption & compliance, data privacy and litigations/dispute resolution for clients across the sectors such as pharmaceuticals, life sciences, healthcare, technology, media, entertainment, telecommunication, energy and real estate, etc.

Experience Statement

• Advised Board of the listed companies of Dr. Reddy’s Laboratories, Glenmark Pharmaceuticals, Schneider Electric India, Honeywell JVs in India.

• Advised Dr. Reddy’s Laboratories in M&A and business deals with Wockhardt, UCB, Astra Zeneca, etc and Securities Class Action, Anti-trust litigation and Pricing litigations in the USA and India.

• Advised Dr. Reddy’s Laboratories and Glenmark Pharmaceuticals in pharma statutory compliances, FCPA compliances and data privacy compliances.

• Advised Glenmark Pharmaceuticals in prosecution matters with the Dept. of Justice, USA and IP class actions in USA.

• Advised Schneider Electric in power and renewable energy projects both in utility and solar sectors.

• Advised Honeywell in SEZ related matters, real estate deals, global integration in various acquisitions and technology transfer to NAL and other aerospace commercial deals.

• Advised GE and Honeywell in cross border IP transactions, technology transfer, patent protection, licensing, anti-counterfeit strategy & actions and statutory compliances.

• Advised the Government of India in legislative drafting, profit sharing model for CSIR laboratories, IITs and IISc.