Okram Singha has over 14 years of experience in the banking and finance practice, and focuses on structured financing, and real estate financing and has advised and acted for various corporate entities as well as Indian and international banks and financial institutions.
Relevant experience
Advised Aditya Birla ARC in relation to the purchase of debt availed by RattanIndia Power Limited (borrower) from a consortium of lenders lead by the Power Finance Corporation Limited (lenders) by way of a one-time-settlement through a trust. The purchase consideration was funded by subscription to security receipts issued by the ARC. The balance debt was restructured by issuing various instruments in favour of the existing lenders such as equity shares, redeemable preference shares and optionally convertible cumulative redeemable preference shares.
Part of the team which advised Oaktree in relation to their bid for the DHFL assets under the Insolvency and Bankruptcy Code, 2016.
Advised Barclays Bank PLC in relation to subscription of listed, secured, non-convertible debentures issued by Edelweiss Asset Reconstruction Company Limited secured by inter alia security interest over certain identified security receipts.
Advised certain Piramal group entities in relation to funding certain residential projects in Mumbai, Maharashtra against the security over the project assets.
Advised Bandhan Bank and Ujjivan Small Finance Bank in standardising templates of financing documents with respect to various financial products upon them respectively receiving banking license.
Advised Bank of Baroda on funding to ITD Cemindia JV, an unincorporated joint venture between ITD Cementation India Limited and Italian Thai Development Public Company Limited in relation to the constructions of elevated structures (viaduct & stations) for metro lines and elevated metro stations traffic management and utility relocations and diversions each under Bangalore metro rail project, Phase-2 by Bangalore Metro Rail Corporation Limited.
Awards & Recognition
Featured in RSG India Report 2015 as one of ‘Client Recommended Lawyers’