Rutu Gandhi

Rutu is a partner in the Firmâs Financial Services and Securities Regulatory Practice.

She has more than 13 years of experience in the financial services and securities law space, and her areas of expertise include advising on financial services regulation; regulatory aspects arising from capital markets transactions, regulatory inquiries, representations and internal investigations; ongoing compliances and enforcement.

Rutu has extensive experience in advising domestic and global financial institutions, listed companies and securities market intermediaries on a host of regulatory and securities law matters such as licensing and registration; ongoing compliances; transactional advisory on regulatory aspects; governance; market conduct norms, insider trading and market manipulation; collaborations; cross border marketing; internal controls and risk assessment.

She also focuses on securities law enforcement and has significant experience in advising on contentious and pre-contentious issues. Rutu routinely advises and represents clients in enforcement and disciplinary proceedings before SEBI, RBI, and other regulators, and also represents them at appellate forums such as the Securities Appellate Tribunal.

Relevant Experience

Advised UBS Group AG on the Indian regulatory aspects relating to (i) the merger of Credit Suisse Group AG into UBS Group AG; and thereafter, (ii) the absorption of Credit Suisse AG’s Indian Entities pursuant to global merger.
Advised HDFC Bank Limited (HDFC Bank) in relation to the NSE IFSC Receipts Programme in the GIFT IFSC, in terms of which, NSE International Exchange (NSE IFSC), a wholly owned subsidiary of the National Stock Exchange of India Ltd (NSE), in association with HDFC Bank, launched trading in India’s first Unsponsored Depository Receipts (NSE IFSC Receipts) under the regulatory sandbox framework prescribed by the IFSC Authority.
Advised Principal Financial Group on the regulatory aspects of the sale of its entire stake in Principal Trustee Company, Principal Asset Management Private Limited, and Principal Retirement Advisors Private Limited to Sundaram Asset Management Company Limited.
Advised several entities in relation to deemed public offer related issues.
Advised the board of CG Power and Industrial Solutions Limited in the regulatory proceedings involving promoters and KMPs.
Advised and represented four international banks in their settlement proceedings in relation to offshore derivative instruments related compliances.
Advised a foreign owned and controlled intermediary in relation to its collaboration with another intermediary for undertaking capital markets transactions.
Advised a Japanese multinational conglomerate in relation to FPI license.
Advised several brokers, merchant bankers and other intermediaries on business models, permissible activities, collaborations, referrals, activities and compliances