§ 01
Lending & Leveraged Finance
Lender- and borrower-side counsel on the facilities that fund growth and acquisitions — drafted to close and to enforce.
The fine print behind big transactions.
Merricourt Legal advises lenders, issuers and sponsors on the deals that move capital across Mumbai and GIFT City — from syndicated facilities and bond issuances to the regulatory approvals and restructurings that keep them enforceable.
EST. NARIMAN POINT
Mumbai · Bandra Kurla Complex
19.08°N 72.88°E
18+ yrs
At the Mumbai bar
04
Transaction desks
40+
Lender & issuer mandates
02
Financial centres · Mumbai & GIFT City
The Merricourt view
We read the commercial deal first, then the risk. A term sheet only holds up if the documents behind it survive a bad day.
Anaya Merchant — Managing Partner, Banking & Finance
Practice · four desks
The clauses we live in.
Every mandate is run by a partner who has closed the same instrument before — no learning on the client's transaction. Cross-desk where a deal demands it, single point of contact throughout.
§ 02
Capital Markets
Issuer and arranger counsel for public and private raises, with the disclosure discipline that keeps a listing clean long after allotment.
§ 03
Financial Regulation
Licensing, cross-border structuring and supervisory strategy for banks, NBFCs, insurers and fintechs operating under RBI, SEBI and IRDAI.
§ 04
Restructuring & Insolvency
Lender-side workouts and resolution strategy under the IBC, structured to protect recovery and keep optionality open.
Approach
From term sheet to drawdown.
Transactions fail in the gap between the commercial handshake and the conditions precedent. We run that gap as a defined sequence — so signing, funding and filing land on schedule.
Capital markets desk · live pricing, documented positions
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Step 01
Term-sheet review
We pressure-test the commercial terms and flag the clauses that will be argued about at completion.
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Step 02
Diligence
Structured legal and regulatory diligence, reported issue-by-issue with a clear line to closing risk.
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Step 03
Documentation
Facility, security and inter-creditor documents drafted to the deal — negotiated, not templated.
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Step 04
Completion & CP
Conditions precedent tracked to signing, drawdown and filing — nothing left open on the closing checklist.
Representative mandates
Work of record, kept confidential.
Recent instructions, described in the anonymised terms our engagement letters allow.
| Mandate | Desk | Our role |
|---|---|---|
| Multi-lender acquisition financing for an infrastructure sponsor's platform buy-out | Lending | Lenders' counsel |
| Benchmark rated NCD programme for a housing-finance NBFC | Capital Markets | Issuer's counsel |
| Payment-aggregator authorisation and governance framework under RBI | Regulatory | Applicant's counsel |
| IBC resolution and inter-creditor strategy for a mid-market manufacturer | Restructuring | Lead resolution counsel |
| Cross-border external commercial borrowing with a FEMA-compliant security structure | Lending | Borrower's counsel |
Named parties, amounts and dates are withheld under client confidentiality.
Merricourt Legal · Bandra Kurla Complex, Mumbai
The partners
Senior on every mandate.
You are advised by the partner who signs the opinion — not by a rotating bench of associates.
Anaya Merchant
Managing Partner · Lending
18+ years at the Mumbai bar in structured and acquisition finance. Leads lender- and sponsor-side syndications and security work.
Rohan Sethna
Partner · Capital Markets
Debt and equity issuances across the exchanges, with a focus on SEBI ICDR and LODR disclosure for issuers and arrangers.
Farida Contractor
Partner · Regulation
Advises banks, NBFCs and fintechs on RBI, SEBI and IRDAI licensing, payments authorisation and cross-border FEMA structuring.
Vikram Bhandari
Partner · Restructuring
Lender-side IBC resolution, distressed acquisitions and inter-creditor negotiation for stressed and special-situations mandates.
Start a conversation
Have a transaction that needs the fine print handled?
Tell us the deal, the counterparties and the timeline. We will tell you who leads it and how we would close it. Initial consultations are complimentary.