Ninad Patil Email & Phone Number

Mumbai

Drafted trust deeds, investment management agreements, Private Placement Memorandums (“PPMs”), contribution agreements and its addendums, side letters for category I, category II and category III Alternative Investment Funds (“AIFs”) registered with Securities Exchange Board of India (“SEBI”) and International Financial Services Centres Authority (“IFSCA”) in Gujarat International Finance Tec-City (“GIFT City”).Drafted, reviewed and filed forms relating to registration of AIFs on the… Show more Drafted trust deeds, investment management agreements, Private Placement Memorandums (“PPMs”), contribution agreements and its addendums, side letters for category I, category II and category III Alternative Investment Funds (“AIFs”) registered with Securities Exchange Board of India (“SEBI”) and International Financial Services Centres Authority (“IFSCA”) in Gujarat International Finance Tec-City (“GIFT City”).Drafted, reviewed and filed forms relating to registration of AIFs on the SEBI Intermediaries portal ensuring successful registrations of AIFs with SEBI.Assisted in drafting and amending the PPMs and subscription agreements for open-ended investment funds established under the laws of Singapore and Mauritius.Drafted policies such as investment policy, anti-money laundering and know your client policy, conflict of interest policy, grievance redressal policy, risk management policy, valuation policy and policy for outsourcing non-core activities for investment managers in India and fund management entities (“FMEs”) registered with IFSCA in GIFT City.Drafted legal opinions on fund documentation of the AIFs.Ensured quarterly regulatory compliances of AIFs in India and GIFT City.Conducted legal research and drafted elaborative notes on relocation of AIFs established in overseas jurisdiction to GIFT City, warehousing of investments by AIFs, onboarding of overseas investors specifically from Foreign Action Financial Action Task Force (“FATF”) non-compliant jurisdictions in AIFs in India and GIFT City, establishing entities for investment advisory and merchant banker activities in GIFT City, etc. Show less

Mumbai, Maharashtra, India

Primarily responsible for the formation of AIFs proposed to be established by Venture Catalysts++ Group and other first time investment managers in India and GIFT City, and for ensuring the timely compliance of existing AIFs, specifically angel funds, venture capital funds and other sub-categories of AIFs, with regulatory requirements.Reviewed trust deeds, PPMs, contribution agreements, side letters, and other fund documentation of AIFs ensuring accuracy and adherence to regulatory… Show more Primarily responsible for the formation of AIFs proposed to be established by Venture Catalysts++ Group and other first time investment managers in India and GIFT City, and for ensuring the timely compliance of existing AIFs, specifically angel funds, venture capital funds and other sub-categories of AIFs, with regulatory requirements.Reviewed trust deeds, PPMs, contribution agreements, side letters, and other fund documentation of AIFs ensuring accuracy and adherence to regulatory standards.Reviewed term sheets, share purchase agreements, shareholders agreement, share subscription agreements, and Limited Liability Partnership agreements and facilitated fund transfers to portfolio companies by approving transactions upon ensuring regulatory compliance.Ensured quarterly, semi-annual and annual regulatory compliances of AIFs in India such as quarterly compliance reporting, compliance test report, PPM audit report, filing of form InVi and filing of forms for overseas direct investment with Reserve Bank of India. Ensured quarterly regulatory reporting of AIFs in India and GIFT City, in alignment with regulatory requirements. Show less

Mumbai, Maharashtra, India

Conducted due diligence on PPMs of 80+ AIFs by reviewing trust deeds, PPMs, Form A, and allied fund documentation for all categories of AIFs and issued merchant banking due diligence certificates for registration with SEBI. Additionally, conducted due diligence on updated/revised PPMs of 150+ AIFs and issued merchant banking annual due diligence certificates to the investment managers to ensure annual regulatory compliance regarding changes in the PPMs.Carried out activities… Show more Conducted due diligence on PPMs of 80+ AIFs by reviewing trust deeds, PPMs, Form A, and allied fund documentation for all categories of AIFs and issued merchant banking due diligence certificates for registration with SEBI. Additionally, conducted due diligence on updated/revised PPMs of 150+ AIFs and issued merchant banking annual due diligence certificates to the investment managers to ensure annual regulatory compliance regarding changes in the PPMs.Carried out activities relating to trusteeship compliance for AIFs in the capacity of trustee to SEBI registered category I and category II AIFs. Show less

Pune, Maharashtra, India

Practiced Civil Litigation - District Court of Pune.

Pune, Maharashtra, India

Ratnagiri, Maharashtra, India

Civil Litigation - Legal Research

Llm In International Business Laws, Corporate, Finance, And Securities Law

Bachelor Of Laws - Llb

Diploma In Cyber Law