VA&A advises on infrastructure related
transactions, regulatory and finance issues.
Practice includes advising on FDI policy on
infrastructure and real estate, negotiation
and drafting of participation or consortia
agreements, vetting of tender documents,
contracts with related parties, finance,
regulatory approvals and taxation advice.
The clients include global and domestic
companies operating in areas of power,
road, ports, railways and others.
Since its inception, the firm has been
involved in servicing both, the public and
the private sector in various Public Private
Partnership (PPP) initiatives and projects.
Initially, in the absence of any established
and clear policy of the Government of India
(GOI) on PPP and limited partnership
structures/options considered by the GOI, the task of the firm was mainly on advising
on the tender laws, contractual, land,
dispute resolution laws, undertaking due
diligence, drafting/vetting contracts, etc.
The services provided by the firm are in all
key sectors: road, bridges, airports,
integrated townships, housing, power,
special economic zones and others.
The firm is familiar with and from time to
time has advised on the various policies,
laws, regulations and guidelines of the GOI
and state governments relevant to PPP
projects. These include:
- Infrastructure development policy of GOI and States
- Viability Gap Funding Scheme: eligible sectors, eligibility criteria, project appraisal etc.
- Guidelines on financing of PPP in infrastructure
- Guidelines on formulation, approval and appraisal of PPP projects
- Special Economic Zones: laws, regulations, policy
- FDI policy in Infrastructure and related projects
- Land acquisition laws
- Competitive Bidding documents
- Procurement laws
- Model Agreements
- Corporate, Contractual and Commercial Laws
- Procedures for regulatory approvals and other clearances
- Formation of companies
- Role of Corporate Governance
- Private Equity Investment
- External Commercial Borrowing
The service provided by firm ranges from
advice on policy for approvals, FDI issues,
obtaining finance from banks, environment
clearance, land acquisition, establishing
SPV, etc.
Real Estate
VA&A has a leading Real Estate practice in
the region. The clients include international
and Indian developers and real estate
advisors, architects and designers, real
estate investment funds and other players
operating in construction industry.
The services include advising on investment
opportunities in and out of India, foreign
direct investment issues, regulatory and
other approvals, transactions, collaboration
agreements, due diligence, title verification,
company registry searches, labour laws, tax
advice, investment advisory services, deal
structuring, securing transactions. The firm
provides advice and assistance in lease
negotiations; drafting lease document,
stamp duty issues, registration etc.
VA&A has advised on a number of real
estate and private equity transactions
involving infrastructure, real estate,
hospitality, share and business acquisitions
and disposals, structuring of joint ventures
including identification of and negotiating
with joint venture partners and
documentation of the terms between the
parties, incorporation of legal entities and
obtainment of the regulatory approvals,
privatisation, mergers and acquisitions,
private placements, private equity
investment related due diligence and
documentation, buy-outs and commercial
agreements.
The firm advices a number of real estate
players and real estate focused private
equity investment funds including distress
asset funds.