PEOPLE

Ajith C.R

Senior Partner

LOCATION
Chennai

Profile

Ajith is a Senior Partner and co-heads the Firm’s Chennai office. With over 21 years of professional experience, he primarily practices in the areas of Corporate, M&A, Employment, Banking and Aviation laws.

Ajith has extensive transactional experience and has worked on many major M&A and joint venture deals. He routinely advises multinational companies and financial institutions on their India entry strategies and structuring. He has advised clients in diverse sectors on foreign direct investment, technical collaboration, external commercial borrowings, foreign exchange guidelines, corporate restructuring and compliance issues. He also has wide experience in drafting & vetting of commercial contracts.

Ajith has been involved in numerous sensitive employment law & industrial relations matters. He advises clients on employment contracts, issues relating to termination, VRS & ESOP schemes, confidentiality/intellectual property issues and compliances under various labour & employee welfare statutes.

Ajith regularly advises Indian and foreign banks on compliance and regulatory issues under Indian banking regulations. He has wide experience in drafting and review of loan & security documents and other commercial agreements pertaining to banking operations.

As an Aviation law expert, Ajith has extensively represented some of the largest companies on aviation leases and aircraft repossession matters. He has also advised several major aviation leasing and financing entities with respect to their leasing transactions in India. His areas of experience include preparation of jurisdictional analyses, review of aircraft leasing and financing documentation, obtaining of regulatory approvals in India, advising on compliance requirements and structuring of repossession strategies.

Expertise

Corporate/ M&A
Banking & Finance
Aviation
Employment Law

Awards & Recognitions

Chambers & Partners Lawyer Rankings: Corporate M&A (2020-2022);Band 1 Lawyer for Corporate M&A (2017-2019);In Spotlight 2015, 2016
Legal 500 Asia Pacific : Recommended Lawyer for Corporate M & A 2021, Aviation (including Aerospace & Defence) 2021,2022

Education

  • BAL LL.B, Kerala Law Academy, 1998
  • FCS, Institute of Company Secretaries of India (ICSI)

Memberships

  • Member of the Bar Council of Kerala
  • Fellow Member of the Institute of Company Secretaries of India

Select Experience Statement

  • Assisted a leading Malaysian company in formation of a joint venture company in India to carry on the business of trading in food products. The matter involved transaction structuring and handling of various regulatory issues relating to foreign investment guidelines.
  • Have been assisting a major Korean Bank as their exclusive India counsel for all India related matters. Have been regularly rendering advise on various financing/security transactions, RBI guidelines, foreign exchange regulations and compliance issues.
  • Advised a multinational company with respect to termination of senior employees on the ground of misconduct and provided comprehensive advice with respect to disciplinary enquiry proceedings.
  • Provided comprehensive and end-to-end advise to a leading aircraft lessor in the matter of repossession of their aircraft from a defaulting lessee. This matter involved complex issues relating to law of contracts & aviation law and also involved handling of high-stake litigation across various courts in India.

Contact Details

  • Suite 305, Delta Wing, 3rd floor, ‘Raheja Towers’, #177, Anna Salai, Chennai-600002, Tamil Nadu (India)
  • +91 44 4040 5222
  • +91 44 2860 7588
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