Aashit Shah is the chair of the finance practice at the firm and is based in Mumbai. Aashit has has been with JSA since October 2005. Prior to that he worked with other top tier Indian law firms. He regularly advises Indian and multinational banks, NBFCs, financial institutions and Indian borrowers in relation to (i) credit facilities to Indian borrowers, including in relation to capital expenditure, project financing, real estate financing, acquisition financing and trade finance, (ii) credit facilities to overseas subsidiaries of Indian entities for the purpose of overseas acquisitions and leveraged buy-outs, and (iii) structuring and implementing debt, quasi-debt and equity transactions, which are compliant with Indian exchange control and banking regulations. He has been actively involved in various debt restructuring and security enforcement assignments, and the insolvency resolution process under the Indian Insolvency and Bankruptcy Code. In addition, he advises clients on Indian law issues concerning exchange control regulations, and general corporate laws in relation to inbound investments, private equity and venture capital transactions, joint ventures, takeovers, business transfers, mergers and acquisitions.