Aashit Shah

Partner, J Sagar Associates

Aashit has advised domestic and international clients on diverse areas of law such as Banking & Finance, Exchange Control, Private Equity, Mergers & Acquisitions, Funds formation and General Corporate & Commercial laws.

In the area of Banking & Finance, Aashit has advised Indian and multinational banks, non-banking finance companies and financial institutions in relation to (i) credit facilities to Indian borrowers, including in relation to capital expenditure and acquisition financing, (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.

In the areas of Private Equity and foreign investment, Aashit has advised Private Equity Funds and multinational institutions in their investments in and acquisitions of Indian listed / publicly traded and unlisted companies under the automatic route and approval route. Aashit has also advised in setting up of Private Equity funds, Offshore Funds and Venture Capital Funds.

He regularly advises clients on Indian law issues concerning Exchange Control Regulations, Securities Regulations and General Corporate laws in relation to Inbound Investments, Joint Ventures, Takeovers and Acquisitions. He has also advised on several cross border Acquisitions of and by Indian companies.

Aashit also has a keen interest in Intellectual Property and Information Technology laws and has published several articles & research papers in international law reviews and domestic publications on these subjects.
Contributed to


Doing business in: India
Practice Note

This Practice Note sets out the key legal and commercial considerations for a business when commencing business operations in India. It considers the business environment in India, forming and financing a company in India, opening a bank account in India, utilising office space, immigration control, key employment laws, contracting with third parties and an overview of taxation and other regulatory matters in India.

Practice areas


  • Enrolled with the Law Society as a solicitor of England & Wales


  • Contributing Author
  • International Panel
  • Other Publications


  • LL.B., University of Mumbai, LL.M., International and Comparative Law

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