Jeet Vayada

• Team Leader and managing wholesale credit documentation (bilateral,syndicated and consortium), derivative documentation and Litigation (west zone) portfolio in the Bank.
• Advising on diverse range of substantive and procedural questions of law and on various legal matters/issues pertaining to lending, security creation/perfection, loan structuring / restructuring, title search, stamp duty, derivative/treasury documentation (sales and trading), strategic tie ups, securitization, cross border deals, structured financing, factoring, trade financing, project financing, micro-finance, stock exchange disclosure(s).
• Guiding internal stakeholders/management on the legal risk on deviations from standard documentation and process while handling lending transactions.
• Handling litigation(s) filed against the Bank and its officials (west zone) including strategic & critical litigation involving senior management, regulatory and stock exchange reporting, investigations from law enforcement agencies.
• Drafting, review, advising, negotiations and standardisation of various loan, financing documents and other contracts entered into by the Bank for the various loan and other credit facilities sanctioned.
• Advising internal stakeholders on legal and enforcement actions on account of event of default /potential event of default / insolvency event against obligors.
• Engaging and closely working with leading domestic and international law firms on various assignments and transactions on regular basis.
• Drafting, review, negotiation and finalisation of ISDA Schedule, CSAs, derivatives and other FX documentation, GMRA, MRPA across the Bank.
• Handling trade financing, supply chain financing including various type of factoring transactions.
• Legal support to other functions in the Bank viz.; Corporate Social Responsibility, Business Correspondent arrangement, Inclusive Banking Group and Retail Forex.
• Undertake training and knowledge management sessions for legal department and other teams involved in documentation.

• Handled various legal matters pertaining to lending, security creation, capital markets, strategic business set ups, securitisation, international banking, structured finance, trade finance, treasury (derivatives)and stress asset management/litigation/recovery proceedings, etc.
• Handled documentation for all INR / FCY loans and security creation for domestic and overseas borrowers of the Bank.
• Handled/negotiated/advised on various derivative documentation with various counterparts. Had been instrumental in drafting, preparing and standardising ISDA documentation for the Bank.
• Handled and advised on the various trade finance and supply chain products across the Bank including factoring, letter of credits, bank guarantees, SBLCs, LUTs, bullion agreements, gold metal loans.
• Involved in formation of subsidiaries of the Bank for mutual fund, strategic equity investment in other companies, amendment to articles of association, capital raising through QIP, private placements, bonds issuance. Assisted in finalising the documentation for TREDS platform of Receivable Exchange of India Ltd. to facilitate factoring of receivables over electronic platform by various banks/financial institutions.
• Provided legal support to the Company Secretary team of the Bank and advised on various secretarial issues including drafting/vetting of board and shareholders’ resolutions, reply to regulatory queries /notices.
• Handled various litigation(s) by and against the Bank including recovery and enforcement proceedings initiated by the Bank and representing the Bank in CoC/lenders' meeting.

• Handled matters and agreements relating to dealing and derivative desk (debt, equity, bullion, forex and derivative), overseas fund raising (through debt and deposits), advised on foreign exchange products & remittances tie-ups, trade financing and other related activities.
• Handled cross border loan and security documentation and agreements for overseas branches of Bank including ECB funding, trade financing deals and tie-ups.
• Handled matters and agreements relating to distribution / marketing. Advised on documentation and legal issues pertaining to providing equity and mutual fund advisory services, structured products and bonds, family trust office and portfolio management services to various individuals.
• Assisted in handling matters pertaining to strategic decisions of Bank like setting of joint venture(s), strategic investment decisions, stake sale in subsidiary company, vetting of shareholder/subscription agreement and amendment to articles of association.

Being part of the CS Department of a listed company, the role entailed handling of all secretarial compliances for IDFC & its subsidiaries. Obtained understanding and experience of documentation and procedural compliance under the Companies Act, listing regulations including those w.r.t. holding of board, committee and shareholders’ meetings, SEBI rules, regulations and guidelines, statutory registers, director’s report, corporate governance report, investor grievance, etc.

non-legal and non-CS work experience.

Initiation and verification of US$ manual payments, training new recruits in the team and digitization of entire cash operation process.