Amit Ronald Charan

Amit Ronald Charan

Partner | New Delhi

Banking & Finance, Restructuring & Insolvency, Projects Energy & Infrastructure
Enrolment No. D/1703/2003

About

Amit is a partner in the Banking & Finance and Restructuring & Insolvency practice group of the firm. With over 15 years of experience, he advises banks, financial institutions and companies on a broad range of financing matters including project finance, cross-border financing structures and structured lending across various sectors. He also has experience in restructuring of large loan accounts for the lenders and sale & acquisition of loan portfolios by financial institutions and asset reconstruction companies. He also advises various banks, financial institutions and corporate houses from the perspective of insolvency & bankruptcy laws and has represented foreign bidders and Indian listed companies participating as resolution applicant in the corporate insolvency resolution process. He has done LL.B. from University of Delhi and has also done M.B.A from Annamalai University.

Practice areas

  • Banking & Finance
  • Restructuring & Insolvency
  • Projects Energy & Infrastructure

Expertise

  • Corporate banking
  • Cross-border financing
  • Restructuring of loan assets
  • Resolutions under IBC
  • Private banking

Representative matters

  • HPCL and Arcelor Mittal in a project finance transaction involving financing of about INR 8000 crores by syndication of 26 Indian lenders, for their 9 MMTPA oil refinery project in Bhatinda, Punjab
  • UB Group in USD 1.18 billion leveraged acquisition finance transaction involving acquisition of Whyte & Mackay (Glasgow based scotch company)
  • SBI lead consortium on the proposed restructuring scheme involving conversion of debt into equity and convertible securities for a consortium of about 28 lenders, in respect of a giant EPC Company (listed), under the aegis of RBI’s Circular on Restructuring of Stressed Assets
  • IDBI in respect of debt asset swap deal involving acquisition by IDBI of about 127 acres of land situated on Yamuna Expressway, towards adjustment of its overdue amounts of INR 395.64 crores and INR 261.85 crores from Jaiprakash Associates Limited and Jaypee Infratech Limited, respectively
  • Liberty House, U.K on advising and drafting Resolution Plans for the client under the provisions of IBC in respect of Bhushan Power & Steel with INR 48,000 crores debt liability

Publications & recognitions

  • “Solutions to PPP challenges in infrastructure sector” – India Business Law Journal