Founded in 2015 with offices in Delhi and Mumbai, Gravitas Legal offers bespoke, quality representation on projects, investments, M&A, disputes and real-estate matters. In recent years, the firm expanded its reach into the areas of insolvency, securities and white-collar crimes. It has niche experience advising private-equity funds and working on pure fund-structuring mandates. In addition to regular project finance and corporate finance documentation, the firm excels in novel and atypical transactions around the 5/25 flexible structuring scheme and strategic debt restructuring. Gravitas is empanelled with several banks and financial institutions including PTC India Financial Services, HDFC Bank, State Bank of India and L&T Infra Finance. Banking and insolvency partner Tanuj Sud is a key contact at the firm. Other notable personnel include corporate partner Varij Sharma and disputes specialists Rajeev Aggarwal and Rahul Gaikwad.
Work highlights
Successfully advised a private client in securing permission from the Supreme Court of India to travel abroad, which was previously restricted by Look Out Circulars issued by banks.
Acted for a steel product manufacturer in quashing a fraud declaration at the Punjab and Haryana High Court, emphasising the failure to follow principles of natural justice in the initial proceedings.
Work highlights
Acted for ALT Mobility on the issuance of non-convertible debentures amounting to $2.4 million, facilitating funding from Trifecta Venture Debt Fund III.
Advised Juniper Hotels in securing a term loan and working capital financing from ICICI Bank.
