The News CartelThe News Cartel
    What's Hot

    Sanjay Bedia Girgaonkar Drops ‘Aashiq Pushteni’ — Zainab & Eshan’s Sizzling Chemistry Lights Up Bangkok

    August 4, 2025

    Dr. Gopalan Anish Acharya Honored Globally for Systemic Impact

    August 4, 2025

    Golden Moments, Sweeter Memories: Heerson’s 50th Anniversary Finale Shines Bright

    August 4, 2025
    Facebook Twitter Instagram
    The News CartelThe News Cartel
    • Home
    • News
      • Business
      • Education
      • Entertainment
      • Health
      • National
      • Lifestyle
      • Technology
      • World
    The News CartelThe News Cartel
    Home»Business»Strategic Merger Reshapes Legal Landscape in Banking & Finance Sector
    Business

    Strategic Merger Reshapes Legal Landscape in Banking & Finance Sector

    Shruti JoshiBy Shruti JoshiAugust 4, 2025No Comments3 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Mumbai (Maharashtra) [India], August 4: The Indian Bar Council recently amended its rules allowing foreign lawyers and firms in non-litigation domain to practice foreign law, international law and international arbitration in India, on a reciprocal basis, which triggered significant realignments.

    Amid this shift, SJ Law, a Mumbai- and Delhi-based law firm headed by Senior Solicitor Samir Jagad, has fully merged with Solicis Lex Advisory. Operating from Bandra and recently expanding to Nariman Point, SJ Law merged through the mediation of a prominent Mumbai-based industrialist.

    SJ Law is recognised as a leading Indian Banking and Finance firm, boasting an extensive clientele comprising banks, NBFCs and large-scale financial institutions. Solicis Lex, meanwhile, has grown significantly through acquisitions in Juhu and Delhi, establishing a strong footprint in Supreme Court and High Court litigation, M&A, real estate and NCLT matters.

    On 2 August, Solicis Lex welcomed Mr. Jagad as a Partner to lead its Banking & Finance Practice, bringing his entire team on board.

    Adv. Ameet Mehta, Managing Partner at Solicis Lex, announced:

    “We are pleased to acquire SJ Law through its Sole Proprietor Mr. Jagad, who joins as Senior Partner to exclusively lead our Banking & Finance practice. SJ Law is a long-standing trusted advisor to leading banks, financial institutions and corporate borrowers. Dealogic ranked it many times among the top ten law firms globally and in the Asia-Pacific region as a ‘Project Finance Law Firm’, including first in the Asia-Pacific during H1 2016. This acquisition realigns our banking vertical across Mumbai and Delhi with evolving client needs.”

    Mr. Jagad, as team leader, has handled debt transactions exceeding ₹2 trillion (₹2 lakh crores), including ₹1.5 trillion during his tenure at SJ Law, reflecting the depth, complexity and trust associated with his practice.

    Reflecting on his journey and future, Mr. Jagad shared:

    “The Legal 500 Asia Pacific (2017) noted SJ Law’s role in breaking the deadlock between NHAI and banks. Our ‘Security Clause’, introduced after extensive persuasion, set a sector-wide precedent. I’m excited to join Solicis Lex, which blends legal acumen with strategic foresight. I look forward to building a dynamic Banking & Finance practice with a team focused on excellence, qualitative output and efficient turnaround. I’m especially excited by the firm’s threefold growth in four years, positioning it as a market leader. Having known Ameet professionally, I’ve witnessed his sharp restructuring vision and performance-focused leadership.”

    Mr. Jagad, 1993 Solicitor’s Examination topper, is renowned for his regulatory expertise and innovative, solutions-driven approach in Banking and Finance.

    The International Comparative Legal Guide to Project Finance 2016 recognised Mr. Jagad for his extensive expertise in project finance and infrastructure, highlighting his commercial insight, innovation and pioneering solutions in transactions and extending to the sector.

    Ms. Swetha Poojary, Senior Lawyer and heading Corporate Law at Solicis Lex, commented:

    “We are pleased to acquire SJ Law and welcome Mr. Jagad as Partner. His extensive experience and leadership will strengthen our banking and finance capabilities to better serve sector-wide clients.”

    With this strategic acquisition, Solicis Lex now has over 300 lawyers, bolstering its presence in finance, banking, pharma and real estate. The firm now has a footprint across 12 countries, alongside a strong domestic presence in India.

    Website: www.solicislex.com

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

    Business
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleStandard Glass Lining Technology Limited Delivers Strong Q1 FY26 Performance
    Next Article Automation Expo 2025: Your Direct Path to Industrial Transformation & Personal Growth
    Shruti Joshi
    • Website

    Related Posts

    Golden Moments, Sweeter Memories: Heerson’s 50th Anniversary Finale Shines Bright

    August 4, 2025

    Automation Expo 2025: Your Direct Path to Industrial Transformation & Personal Growth

    August 4, 2025

    Standard Glass Lining Technology Limited Delivers Strong Q1 FY26 Performance

    August 4, 2025
    Add A Comment

    Comments are closed.

    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    [fluentform id="4"]
    Advertisement
    Facebook Twitter Instagram Pinterest YouTube
    Top Insights
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    [fluentform id="4"]
    © 2025 The News Cartel.
    • Home

    Type above and press Enter to search. Press Esc to cancel.