Argus Partners offers market-leading practices for banking and finance, and restructuring and insolvency. The firm’s core practices cover banking and finance, corporate and M&A, dispute resolution, and restructuring and insolvency. The team has experienced recent growth in infrastructure and real estate funding, and in special situations investments. On the corporate and M&A side, the firm regularly advises blue-chip clients on governance, structuring and compliance issues. The firm has a pan-India presence with six offices in Ahmedabad, New Delhi, Mumbai, Delhi, Bengaluru, and Kolkata.
Its New Delhi office was launched two years ago and caters specifically to the firm’s corporate clients. Krishnava Dutt, the firm’s managing partner, specialises in banking and finance, corporate and M&A, and restructuring and insolvency. Partners Aastha, Arka Majumdar, Abhinav Bhalaik, Adity Chaudhury and Namitha Mathews are other key contacts. Former senior partner Prakash Panjabi left and established his own firm, P&P Legal.
Work highlights
Represented HDFC before the Supreme Court against Infrastructure Leasing and Financial Services (IL&FS). This dispute is the first of its kind as the resolution of 348 group entities of IL&FS was carried out under the aegis of the National Company Law Appellate Tribunal (NCLAT) and by a committee appointed by the NCLAT.
Acted as the Resolution Professional in the insolvency proceedings of Supertech.
Key clients
Assets Care & Reconstruction Enterprise, BTL EPC, Tega Industries, Standard Chartered Bank.
Work highlights
Advised HDFC on its $60 billion merger with HDFC Bank, India’s largest ever M&A transaction.
Represented Tata Steel on its agreement with Tata Power Renewable Energy to establish one of the largest captive power projects in India.
Work highlights
Advised Dalmia Polypro Industries on raising $30 million external commercial borrowing from DFC for establishing a greenfield recycling facility in Maharashtra.
Acted for HDFC Capital Affordable Real Estate Fund on their investment in the Adarsh Developers group, by way of subscription to listed and unlisted non-convertible debentures.
