An Australian superannuation fund is making its first direct lending deployment into India — ₹1,200 crore to a Mumbai-based NBFC — and needs a security structure that works under both Indian law and Australian regulatory requirements. A GCC bank is extending a syndicated facility to an Indian infrastructure developer under the India-UAE CEPA framework and needs comfort on FEMA compliance, creation of security over Indian assets, and enforcement rights that will actually function if the borrower defaults. A Singapore family office is structuring a mezzanine investment into an Indian real estate platform and needs the inter-creditor arrangement documented in a way that will survive Indian insolvency proceedings. These are the financing transactions Goldschmidt Pallonji was built to handle.
What distinguishes GP's Banking & Finance practice is the integrated team behind every mandate. Our lawyers work alongside in-house Chartered Accountants and tax specialists — not as separate professionals who receive a brief after the legal structure is determined, but as co-architects of the transaction from day one. When a cross-border lending transaction requires simultaneous advice on Indian tax withholding on interest payments, FEMA regulations on external commercial borrowings, RBI reporting obligations, security creation and perfection under the SARFAESI Act, and the enforcement implications of the IBC — all of that advice comes from one team.
Our practice covers the full spectrum of domestic and cross-border financing — rupee and foreign currency term loans, working capital facilities, project finance, acquisition finance, structured finance, mezzanine instruments, masala bonds, dollar-denominated bonds, real estate finance, debt restructuring, and stressed assets financing. We act for lenders, borrowers, arrangers, and security trustees across all of our five international corridors.
Comprehensive banking and finance legal services across domestic and cross-border transactions — for lenders, borrowers, arrangers, and investors.
End-to-end project finance for highways, ports, power, renewables, and urban infrastructure. Security package structuring, lenders' due diligence, inter-creditor arrangements, government support documentation, and DSRA mechanics across single-lender and consortium structures.
Learn More →Full ECB structuring under RBI's automatic and approval routes. Eligible borrower and lender analysis, end-use compliance, all-in-cost compliance, hedging requirements, and ongoing RBI reporting. Particular expertise in ECBs from Australia, Singapore, GCC, and Hong Kong lenders.
Learn More →Construction finance, lease rental discounting, structured real estate debt, REIT financing, and development finance for residential, commercial, warehousing, and hospitality projects. Security structuring over land, receivables, and project documents.
Learn More →Securitisation of loan portfolios, asset-backed securities, pass-through certificates, and structured notes. Co-obligor structures, cross-collateralisation, mezzanine tranches, and priority waterfall documentation for complex multi-creditor financing arrangements.
Learn More →Out-of-court debt restructuring, JLF and CDR arrangements, one-time settlements, inter-creditor agreements under RBI's June 2019 framework, stressed assets financing, last-mile financing, and ARC transactions. Integrated advice with our IBC team where restructuring transitions to insolvency.
Learn More →NCD issuances (listed and unlisted), masala bonds, dollar-denominated bonds, green bonds and sustainability-linked bonds, private placement of debt securities to domestic and foreign portfolio investors, and debenture trust deed documentation.
Learn More →Every banking and finance mandate at GP is supported by in-house Chartered Accountants working alongside the legal team. This means withholding tax on interest, thin capitalisation analysis, transfer pricing on related-party loans, and GST on financial services are addressed as integral parts of the transaction structure — not as afterthoughts raised by the client's auditors after documents are signed.
Advisory on financing structures using GIFT City's International Financial Services Centre — IFSCA-regulated lending, offshore rupee bond issuances, and cross-border fund flows that use the GIFT IFSC framework. For international lenders seeking to lend into India with the benefits of the IFSC tax and regulatory environment.
You are an Indian individual who has given a personal guarantee on a company's bank loan. The company has defaulted. The bank has issued a demand under the guarantee and is threatening SARFAESI action against your personal assets. You need immediate advice on your liability, your defences, and whether the IBC process offers a better resolution path. GP handles both the banking law and the insolvency dimensions — in one team, from the first call.
Banking transactions have legal, tax, and financial dimensions that cannot be separated. GP's in-house CAs and tax lawyers work on the transaction alongside legal counsel — not after. Withholding tax on interest, thin capitalisation, GST on financial services, and transfer pricing on related-party loans are built into the structure from day one, not identified as problems after execution.
When an Australian superannuation fund or a Singapore bank lends into India, they bring their own regulatory requirements, credit committee processes, and documentation standards. GP's team has practised in these jurisdictions. We understand what their internal credit and legal teams need to approve a transaction — and we structure our Indian law advice to meet those requirements, not just to satisfy the RBI and the Indian borrower.
GP's IBC and litigation teams work alongside the Banking & Finance team from the beginning of every transaction. Security structures are designed with enforcement in mind — SARFAESI-enforceable, DRT-ready, and IBC-proof. When a loan goes into default, the same team that documented the transaction advises on recovery — eliminating the knowledge gap that arises when separate enforcement counsel are brought in.
Client confidentiality is absolute. These matters illustrate the nature and scale of our financing practice.
Structured and documented a direct lending arrangement from an ASX-listed superannuation fund to a Mumbai-based NBFC. Full FEMA/ECB compliance, RBI reporting framework, security package over loan receivables, and Australian regulatory sign-off structure achieved simultaneously.
Led the legal structuring and documentation for project financing of a 648MW single-location solar project — at the time the world's second largest at a single location. Full security package, inter-creditor agreement, government support documentation, and DSRA mechanics for a multi-lender consortium.
Indian law counsel to a GCC-led bank syndicate on a ₹800Cr facility to an Indian infrastructure developer structured under India-UAE CEPA. FEMA analysis, security creation and perfection, inter-creditor arrangement, and enforcement rights opinion covering both SARFAESI and IBC routes.
The Banking & Finance practice is led by our Managing Director, supported by dedicated banking lawyers, in-house Chartered Accountants with transaction structuring expertise, and tax specialists who understand both the Indian and international dimensions of cross-border financing. This is not a referral network. It is an integrated team that works from the same set of transaction documents, in the same room, on every mandate.
The 2025 RBI amendments to the ECB framework and what they mean for Australian, Singapore, and GCC lenders deploying capital into India.
Read Bulletin →How the India-UAE CEPA is enabling GCC banks and investors to access India's debt markets on preferential terms — and the structures that work.
Read Guide →