INDIA

THE DUANE MORRIS & SELVAM DIFFERENCEDuane Morris & Selvam offers a unique combination of highly local experience in an international law firm context. We maintain a dedicated team to serve the needs of Indian clients and those with interests in India, and our lawyers understand the typical commercial practices involved when conducting business in the subcontinent.

Our India Practice also has the full support of Duane Morris’ international platform of more than 750 attorneys in 28 offices throughout the United States, Asia, Oman and London. Additionally, our Asian offices each maintain dedicated country practice groups for all key Asian markets, including India, China, Vietnam, Indonesia, Sri Lanka, Korea, Philippines, Myanmar, Malaysia, Australia and Nepal. In addition to the Indian languages that we speak, our team are conversant with various other Asian languages, allowing us to seamlessly represent our Indian clients throughout Asia.

OUR INDIA PRACTICEDuane Morris & Selvam’s India Practice helps to connect global businesses to India and Indian businesses to the world.

As the preferred route for foreign direct investment into India, Singapore plays a significant role. For Indian companies looking to expand overseas, our regional offices and country desks offer unique support in some of the world’s most emerging and strategically important markets.

We also act for Indian diaspora clients in a variety of matters affecting their interests around the world, with lawyers who are fully conversant in Hindi, Marathi, Gujarati, Bengali and Tamil.

Our International Capital Markets Practice and our International Investments Practice are core strengths of the firm. On Indian law aspects, we work closely with our long-standing partner firms in India and offer seamless service to clients.

INTERNATIONAL CAPITAL MARKETS PRACTICEOur International Capital Markets Practice regularly advises on international aspects related to Indian capital markets transactions.

Our lawyers have advised on more than 40 securities offerings by Indian issuers.

We adopt a bespoke approach and draw upon our many years of experience in working on securities offerings by Indian issuers to provide high–value counsel to our clients.

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BENGALURU

INTERNATIONAL INVESTMENTS PRACTICEAs a vibrant democracy and economic powerhouse, India is a key global market. The new government has implemented various reforms and is inviting FDI in several sectors, making it an ideal time for inbound investment.

Indian outbound investment has a consistently upward trajectory and Indian conglomerates continue to look for regional and global expansion opportunities. With the new government and strong economic growth potential, Indian companies are in an excellent position to invest overseas.

Our International Investments Practice works closely with clients at all stages of the investment cycle, leveraging the strengths of over 700 lawyers globally in order to offer focused local solutions.

Listed in the top international law firms for India-related work: 2013, 2014, 2015 & 2016 Named as one of the leading international law firms with an India-focused practice - 2013, 2014, 2015 & 2016

We have extensive experience in working with key regulatory and government bodies and are able to help navigate clients through official processes with ease. Additionally, as one of the few international law firms with the ability to practice in the ring-fenced areas of Singapore legal practice, such as litigation, conveyancing and succession law, we offer a complete solution for Indian diaspora clients.

Supported by our regional and global network, the Duane Morris & Selvam India Practice provides clients with the personalised service of a dedicated boutique practice, combined with the full–service depth and experience of one of the world’s largest law firms.

CAPITAL MARKETS• Acted as international legal counsel to the President of India

on the sale of approximately Rs. 27 billion (US$406 million) of shares in NHPC Limited in an offer for sale (“OFS”) on the stock exchanges in India (including a Rule 144A offering in the U.S.).

• Advised Edelweiss Financial Services, SBI Capital Markets and Axis Capital Limited on a proposed approximately Rs.7,000 million (US$110 million) QIP, including concurrent U.S. private placement (Rule 144A), by an Indian private sector bank.

• Acted as international legal counsel to the President of India on the sale of approximately Rs. 4 billion (US$60.8 million) of shares in Hindustan Copper Limited in an OFS on the stock exchanges in India.

• Advised the underwriters on a proposed US$100 million GDR offering by an Indian company and the listing of the GDRs on the Luxembourg Stock Exchange.

• Advised Citigroup Global Markets India, IDBI Capital Market Services, Enam Financial Consultants, ICICI Securities and Kotak Mahindra Capital Company and the other underwriters on the sale of Rs. 8,160 million (US$200 million) of shares in Central Bank of India in an IPO in India and in concurrent private placements outside India, including a Rule 144A offering in the U.S.

• Acted as special international counsel to Intensive Fiscal Services and BOB Capital Markets on the sale of Rs. 700 million (US$10 million) of shares in Bharat Wire Ropes Limited in an IPO in India and concurrent private placements outside India and the U.S.

M&A AND JOINT VENTURES• Advised Prathamesh Solarfarms Limited, a joint venture between

Ostro Energy Pvt Ltd and Suzlon Energy Ltd, in advice relating to certain contracts entered into between the parties pursuant to a joint venture in relation to a 50MW solar power project in Telangana, India.

• Acted as international counsel to an Indian-listed company in its acquisition of an entity in the air coolants sector in China.

• Acted for the UK subsidiary of an Indian-listed entity in the pharmaceuticals sector in its acquisition of European assets.

• Advised an Indian-listed company on aspects relating to its joint venture with a multinational entity.

CORPORATE AND COMMERICIAL• Acted for Oil India Limited to obtain a DICA permit and advising

on various other matters relating to the establishment of its exploration and production base in Myanmar.

• Advised the Indian subsidiary of a multinational generic and specialty pharmaceuticals company on Vietnam market entry compliance and preventive measures pertaining to a biosimilar of a billion-seller anti-cancer drug.

• Advised a global real estate company and its fund manager on the establishment of a US$200 million private equity fund in India.

• Acted as international counsel to a U.S. multinational with respect to matters concerning its Indian employee base.

• Advice to an Indian multinational in the pharmaceuticals sector on matters relating to Myanmar market entry.

• Acted for Oil India Limited with respect to its ongoing establishment of exploration and production business in Myanmar.

• Acted as international counsel to a NASDAQ-listed entity in relation to data protection matters concerning its expansion in India.

• Represented an Indian technology services company listed on the Bombay Stock Exchange and National Stock Exchange of India, on various corporate, commercial and employment matters involving their activities in Singapore and across the region.

• Acted as official legal counsel for “Singapore Welcomes Modi,” a gathering attended by 25,000 people to welcome Indian Prime Minister Narendra Modi to Singapore.

• Represented the Mexican government in initial fact finding official talks with the Government of India (Ministry of Foreign Affairs and Ministry of Economy) to explore possibilities and interest for a free trade a greement. Formal discussions on trade, agricultural products, manufacturing and services are included.

• Advised one of the largest Indian manufacturers of air coolers on various matters relating to its trademarks in the United States.

• Advised an Indian engineering company in connection with U.S. sanctions matters related to its proposed expansion into new markets.

• Represented clients in terminating the winding up of an Indian shipping conglomerate.

PROJECTS

• Advised Asian Development Bank as senior lender in connection with the US$268 million equivalent Tala-Delhi Power Transmission Project in India, the first private-public partnership in the transmission sector in India.

• Advised U.S.-based cleantech startup, Intelligent Energy Holdings PLC, on the structuring and financing of their hydrogen power project with GTL in India.

DISPUTE RESOLUTION

• Acted in a high court trial involving the cashew trade wherein the potential claims exceed US$5 million. This involved gathering of evidence in India.

• Assisted a leading Indian-listed company in a Singapore arbitration matter, involving aspects of Indian and Singapore law.

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M U M BA I

Duane Morris – Firm and Affiliate Offices | New York | London | Singapore | Philadelphia Chicago | Washington, D.C. | San Francisco | Silicon Valley | San Diego | Los Angeles Taiwan | Boston | Houston | Austin | Hanoi | Ho Chi Minh City | Shanghai | Atlanta Baltimore | Wilmington | Miami | Boca Raton | Pittsburgh | Newark | Las Vegas | Cherry Hill Lake Tahoe | Myanmar | Oman | Duane Morris LLP – A Delaware limited liability partnership

This publication is for general information and does not include full legal analysis of the matters presented. It should not be construed or relied upon as legal advice or legal opinion on any specific facts or circumstances. The invitation to contact the attorneys in our firm is not a solicitation to provide professional services and should not be construed as a statement as to any availability to perform legal services in any jurisdiction in which such attorney is not permitted to practice.

Duane Morris LLP is a law firm based in the United States founded in 1904. We use “Duane Morris” to refer to Duane Morris LLP, a Delaware limited liability partnership, and affiliated entities that practice under the name Duane Morris or a similar name. In Singapore, Duane Morris Singapore LLP and Selvam LLC operate a Joint Law Venture serving clients throughout Asia, Duane Morris & Selvam LLP, pursuant to Licence 2/2010 granted by the Attorney General of Singapore. Selvam LLC lawyers may provide services to clients of Duane Morris & Selvam under secondment from Selvam LLC pursuant to Licence 2/2010. Duane Morris Vietnam LLC is a law firm based in Hanoi and Ho Chi Minh City that is a Vietnam limited liability corporation.

www.duanemorrisselvam.com | © Duane Morris LLP 2018 | May 2018

COMPREHENSIVE CORPORATE LEGAL SERVICESAs international counsel, we offer a full range of commercial and corporate legal services, with a particular focus on:n Mergers and acquisitions, takeovers and international joint venturesn Corporate financen Bankingn Corporate restructuringn Commercial litigationn Intellectual property litigationn Dispute resolution n Real estaten Projects and infrastructure n Energy, environment and resourcesn Shipping finance, disputes and marine insurancen Information technology and telecommunicationsn Labor and employmentn Antitrust and government investigationsn Corporate secretarial services in Singapore • Pre-incorporation advice/choice of entity • Incorporation/registration • Post-incorporation matters/business services • Employment agency services • Accounting and payroll services

FOR MORE INFORMATION

To learn more about the Duane Morris & Selvam’s India Practice, please contact:

KRISHNA RAMACHANDRA • Managing Director

Joint Head: India PracticeT: +65 9822 5011

kramachandra@duanemorrisselvam.com

JAMIE BENSON •Director

Joint Head: India Practice(Capital Markets)

T: +65 6311 3660jbenson@duanemorrisselvam.com

BABITA AMBEKAR •Special counsel

Joint Head: India Practice(International Investments)

T: +65 6311 3696M: +65 9186 8236

bambekar@duanemorrisselvam.com

Duane Morris/Duane Morris & Selvam’s Asian offices in Singapore, Yangon, Hanoi, Ho Chi Minh City, Shanghai and Taiwan are backed by a global infrastructure of offices across the United States, United Kingdom and the Middle East.

OUR INTERNATIONAL TEAM

U.S. NEVILLE M. BILIMORIA nmbilimoria@duanemorris.comMIDDLE EAST JEFFREY V. RODWELL jvrodwell@duanemorris.com