{"id":21038,"date":"2022-10-31T11:18:55","date_gmt":"2022-10-31T11:18:55","guid":{"rendered":"https:\/\/forkandflavor.in\/?post_type=partner&p=21038"},"modified":"2024-01-03T18:07:23","modified_gmt":"2024-01-03T18:07:23","slug":"jay-parikh","status":"publish","type":"partner","link":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/partner\/jay-parikh\/","title":{"rendered":"Jay Parikh"},"content":{"rendered":"\n
OVERVIEW<\/mark><\/h5>\n\n\n\n

Jay is a Partner in the Banking & Finance, Insolvency & Corporate Restructurings and Corporate\/M&A\/PE teams at Luthra and Luthra Law Offices India Mumbai office.<\/p>\n\n\n\n

Previously, Jay has been a Partner at Shardul Amarchand Mangaldas (Mumbai) (SAM). Before SAM, he was a founder-partner of Verus and was Co-head of the firm\u2019s corporate advisory & transactions practice. Prior to founding Verus, Jay worked at Bharucha & Partners having joined as part of the founding team from (the erstwhile) Amarchand Mangaldas (Mumbai) where he started his career.<\/p>\n\n\n\n

Over the years, Jay has gained considerable experience in Banking & Finance, Restructurings & Insolvency and Corporate\/M&A\/Joint Ventures\/Private Equity and Capital Markets practices.<\/p>\n\n\n\n

Jay has been recognized in the \u2018A-List \u2013 India\u2019s Top Lawyer 2022\u2019 by India Business Law Journal.<\/p>\n\n\n\n

SELECT REPRESENTATIVE CLIENTS\/MATTERS<\/mark><\/h5>\n\n\n\n
    \n
  1. Banking & Finance\n
      \n
    • Currently advising SWAMIH Fund on several matters ranging from standardisation of documents to enforcement actions.<\/li>\n\n\n\n
    • Advised GMM Pfaudler Ltd. on acquisition finance facilities for its acquisitions in India and abroad.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
    • Insolvency & Corporate Restructurings \/ Debt Resolution\n
        \n
      • Advised UVARCL in its resolution of debts of Reliance Communications Ltd. and Reliance Telecom Ltd. as part of their respective corporate insolvency resolution processes. Debt resolved is INR 82,000 crores and INR 42,000 crores approx., respectively. This deal is subject to NCLT and other approvals.<\/li>\n\n\n\n
      • Advising Reliance Capital Ltd. and a few of its operating subsidiaries on certain debt and business restructuring mandates.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
      • Mergers & Acquisitions\n
          \n
        • Advised Dr. Lal Path Labs Ltd. on its acquisition of Suburban Diagnostics (India) Pvt. Ltd. for INR 12,000 million (approx.).<\/li>\n\n\n\n
        • Advised Bayer BioScience Private Limited and Bayer CropScience Ltd. in sale of their cotton seed (sold under the Surpass\u00ae brand) & pearl millet, sorghum and mustard seed (sold under the ProAgro\u00ae brand) businesses and related assets in India to Crystal Crop Protection Limited.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
        • Private Equity & Venture Capital\n
            \n
          • Advised Neev Fund II on its follow-on investment in Blue Planet Environmental Solutions India Pvt. Ltd. \u2013 a leading end to end solutions company for waste management and up-cycling.<\/li>\n\n\n\n
          • Advised Growthpond Technology Pvt. Ltd. (operating its business under Dukaan) and its founders on its pre-seed funding from Matrix Partners & Lighthouse Funds. Also advised the client on its much publicized and high-stake dispute with Khatabook and its founder.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
          • Joint Ventures\n
              \n
            • Presently advising a leading laser and marking systems manufacturer in its proposed Indian joint venture with a leading Indian conglomerate.<\/li>\n\n\n\n
            • Advised a Government company on the assignment of its unsecured debt instruments to another Government company in lieu of issuance of fresh equity shares by way of a scheme of arrangement.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
            • General Corporate\n
                \n
              • Presently advising a German engineering company in the winding down and ultimate closure of the operations of its Indian wholly owned subsidiary.<\/li>\n\n\n\n
              • Advised Luxottica group on the restructuring of its Indian operations involving inter alia reduction of capital of RayBan Sun Optics India Limited.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
              • Private Client Practice\n
                  \n
                • Advised several HNW individuals and promoters of large Indian corporates on setting up of family trusts, family arrangements, wills and succession & estate planning matters.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                • Capital Markets\n
                    \n
                  • Advised Union Bank on its proposed QIP of INR 20,000 million in 2017.<\/li>\n\n\n\n
                  • Advised on several SME IPOs (Ambition Mica Ltd. Shree Krishna Constructions Ltd., Mangalam Seeds Ltd., MD Inducto Ltd. etc.)<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                  • Projects & Infrastructure\n
                      \n
                    • Advised Rolls-Royce Power Systems on its proposed bid as a Contractor in connection with an Asian Development Bank (ADB) funded 70MW gas-based replacement power project at Sivasagar district, Assam.<\/li>\n\n\n\n
                    • Advised UltraTech Cement Ltd. on an O&M agreement for its Wall Care Putty plant at Katni, Madhya Pradesh.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

                      OVERVIEW Jay is a Partner in the Banking & Finance, Insolvency & Corporate Restructurings and Corporate\/M&A\/PE teams at Luthra and Luthra Law Offices India Mumbai office. Previously, Jay has been a Partner at Shardul Amarchand Mangaldas (Mumbai) (SAM). Before SAM, he was a founder-partner of Verus and was Co-head of the firm\u2019s corporate advisory & […]<\/p>\n","protected":false},"featured_media":24436,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}}},"practice_area":[17,18,21,28,29,33],"location":[40],"acf":[],"_links":{"self":[{"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/partner\/21038"}],"collection":[{"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/partner"}],"about":[{"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/types\/partner"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/media\/24436"}],"wp:attachment":[{"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/media?parent=21038"}],"wp:term":[{"taxonomy":"practice_area","embeddable":true,"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/practice_area?post=21038"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/location?post=21038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}