Nitin Potdar


Nitin specialises in Public and Private, Mergers & Acquisitions, including De-mergers, restructuring of business, Asset & Share Purchase deals, Joint Ventures and Strategic alliances, Private Equity and general Corporate advisory.

He comes with an extensive experience in transactions related to Foreign Direct Investments & Exchange Controls Regulations. Nitin has provided counsel to various multinational companies on financial & technical collaborations, and strategies / options for commencing operations & consolidations in India, in a cross section of industries. His focus has been on foreign investments from US, Germany and Japan. 

With an extensive experience in Private Equity & Strategic Investment transactions including leveraged buyout transactions & exits, Nitin has provided business-oriented advice to diverse companies receiving Private Equity / Strategic Investments. He is a keen observer of the evolution of the law regulating Takeovers in India and now the Insolvency and Bankruptcy Code 2016. 

Nitin has been part of several high profile corporate takeover battles including, defending hostile bids and restructuring. He is a frequent speaker at several conferences and seminars organised by leading industry, institutions, and chambers on subjects like, Takeover Code, M&A, and structuring of Joint Ventures.  

In the past Nitin has worked as a Partner with Amarchand & Mangaldas & Suresh A. Shroff & Co., and with Crawford Bayley & Co.

The Asia Pacific Legal 500 has described Nitin Potdar as a ‘private equity expert’ who is ‘highly recommended’ in the M&A practice. He is the main contact in Mumbai for ‘complex corporate litigation’. He has also been listed as a leading individual in the Investment Funds category.  

Chambers & Partners observed that, ‘Nitin Potdar maintains a busy M&A and foreign direct investment practice, as well as handling a steady stream of joint venture and private equity matters. He is also highlighted for his considerable expertise advising inbound foreign clients.’

Deal Experience

  • Advised Anchor Group (Indian super brand in Indian Electrical Accessories and Wiring Devices Business) in the formation of the Joint Venture with Japan based electrical giants Matsushita Electric Works, Japan (MEW) well known across the world for their bestselling National and Panasonic brands.  Transaction valued at US$ 500 million (JPY 50 billion or ` 2000 crores) in one of the largest M&A by a Japanese company in India
  • Advised Proctor & Gamble Company, U.S. and Gillete, U.S. (through their Indian Subsidiaries) in connection with the Re-allignment of their shareholding in India post Global Merger of Gillete, U.S. into Proctor & Gamble U.S.
  • Advised Nissan Motor Co., Ltd., Japan in its restructuring arrangement with Ashok Leyland Ltd which also involved sale to Ashok Leyland all of Nissan’s shares in three Indian joint venture companies in technology development, and manufacturing of powertrains and vehicles
  • Advised TOTAL S.A, one of the largest Oil & Gas Company, on amalgamation of its Indian Group entities - Total Lubricants India Limited and Total Petroleum India Private Limited with Total LPG India Limited 
  • Advised CFA Institute, a US based world largest non-profit organisation of investment professionals, on setting up and strengthening its operations and activities in India 
  • Advised Petronas Lubricants International Sdn Bhd and its Indian subsidiary to set up its first oil blending manufacturing facility in India and further strengthening its operations and activities in India 
  • Advised Lohr India Automotive Private Limited and its promoter on internal restructuring and acquisition of majority stake in the Indian entity 
  • Advised Camlin Limited, India's leading stationery manufacturer in formation of joint venture with Kokuyo S&T Co, subsidiary of Kokuyo Co, Japanese leading stationery manufacturer
  • Advised Cravatex Limited and its founders on transfer of its business undertaking relating to retail and distribution of lifestyle, sports and wellness products to its wholly owned subsidiary Cravatex Brands Limited and the investment by Paragon Partners Growth Fund-I of approx. US$ 11 million

PRACTICE AREAS

SECTORS

MEMBERSHIPS

  • Bar Council of Maharashtra & Goa
  • Bombay Incorporated Law Society
  • International Bar Association

EDUCATION

  • B. Com. (Honours), University of Bombay (1979)
  • LL.B., University of Bombay (1982)
  • LL.M., University of Cambridge, UK (1984) 
  • Solicitor, The Bombay Incorporated Law Society (1983)

LANGUAGES SPOKEN

  • English
  • Gujarati
  • Hindi
  • Marathi

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