Sharmil Bhushan

Sharmil Bhushan

Partner | Mumbai

Banking & Finance, Restructuring & Insolvency
Enrolment No. MAH/66/2007

About

Sharmil is a partner in the Banking & Finance practice group of the firm. With over 14 years of experience, she regularly advises various multinational and domestic companies, Banks, NBFCs as well as financial institutions on various aspects of India law including capital expenditure, project & acquisition financing, leverage buyouts, structuring and implementing debt, mergers and acquisitions, quasi-debt and equity transactions, general corporate and commercial transactions. She has been actively involved in various debt restructuring and security enforcement assignments, along with matters relating to insolvency resolution process under IBC. She has been assisting investors in devising and implementing exit strategies from Indian investments and has advised in setting up of private equity funds, offshore funds, venture capital funds and alternative investment funds. She is a law graduate from Government Law College, Mumbai, Maharashtra.

Practice areas

  • Banking & Finance
  • Restructuring & Insolvency

Expertise

  • Investment funds
  • Financial services
  • Mergers & cross-border investments
  • Acquisitions and restructuring
  • Insolvency & Bankruptcy

Representative matters

  • Bank of Baroda in relation to INR 6.55 billion term loan facility (along with non fund based sub limits for cash credit and bank guarantee) extended to a company for constructing and setting up of the LPG terminal in Gujarat.
  • Bank of Baroda in relation to INR 2.70 billion term loan facility (along with non-fund-based sub limits for letter of credit and bank guarantee) extended to various SPVs under an obligor and co-obligor structure for setting up logistics projects in different parts of India
  • A financial institution in relation to secured lease rental discounting facilities of an aggregate amount of INR 9.00 billion to a reality group.
  • An offshore fund in relation to assignment of INR 20 billion loan book by a non-banking finance company to a trust pursuant to the securitisation guidelines issued by the Reserve Bank of India.
  • Essel Group in relation to acquisition/setting-up of its financial services vertical including alternate investment funds, mutual fund, non-banking finance company, housing finance company, forex company - AD II category license engaged in foreign exchange business, portfolio management services, investment banking, etc.