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. Last year, the firm expanded its reach into the insolvency, securities, and white-collar crimes spaces. The firm moves up a notch in the banking and finance rankings this year. 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 SDR. Gravitas is empanelled with several banks and financial institutions including PTC India Financial Services, HDFC Bank, State Bank of India and L&T Infrastructure 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 represented Commissioner of Entertainment and Luxury Tax in a Delhi High Court case against Delhi Gymkhana Club.
Acted for the Commissioner of VAT in Delhi against Amway India Enterprises.
Key clients
Heligo Helicopters, IndianOil Adani Ventures.
Work highlights
Acted for Alt Mobility as borrower to raise funds from Trifecta Capital by issuing non-convertible debentures and compulsorily convertible preference shares.
Advised Jagatjit Industries on its term loan from SVC Cooperative Bank.
Key clients
Bharat Spirits, Eros Resorts and Hotels, Lalitpur Power Generation Company, Punjab National Bank Housing Finance.
