Saravna Vasanta

Legal Due Diligence for assignment of debt part of insolvency proceedings: Advised a Chinese Bank and the designated Asset Management Company on the implications arising from the insolvency proceedings pending in India in respect of the Reliance Communications group entities in respect of the claims of the Bank. Undertook legal due diligence of creditor claims with respect to recovery prospects under the Insolvency and Bankruptcy Code, 2016, assisted in assessing the status, enforceability and t Acquisition of former Boeing 777 Aircraft of Jet Airways by Challenge Group: Acted on behalf of Maltese subsidiaries of Challenge Group, a major European air freight operator, on the acquisition multiple Boeing 777 aircraft from the liquidation estate of Jet Airways (India) Ltd. in E-Auction process. Assured in evaluating transaction risks and acquisition strategy, participated in the auction process, and advised on the preparation of transaction documentation, and coordinated with stakeholders Insolvency Proceedings in respect of Future Group Companies: Advised, represented drafted pleadings, researched, briefed senior counsel counsels and appeared on behalf of ex-promoters and personal guarantors of Future Group Companies in proceedings before the National Company Law Appellate Tribunal, challenging the maintainability of personal insolvency proceedings in respect of personal guarantors initiated by debenture trustees in absence of enabling provisions in the Insolvency & Bankruptcy C

SENIOR ASSOCIATE at DENTONS LINK LEGAL (2026-02 – 2026-06)

• Legal Due Diligence for assignment of debt part of insolvency proceedings: Advised a Chinese Bank and the designated Asset Management Company on the implications arising from the insolvency proceedings pending in India in respect of the Reliance Communications group entities in respect of the claims of the Bank. Undertook legal due diligence of creditor claims with respect to recovery prospects under the Insolvency and Bankruptcy Code, 2016, assisted in assessing the status, enforceability and transferability of claims. Assisted in structuring and documenting the assignment of debt through funded participation agreement to Deutsche Bank.
• Acquisition of former Boeing 777 Aircraft of Jet Airways by Challenge Group: Acted on behalf of Maltese subsidiaries of Challenge Group, a major European air freight operator, on the acquisition multiple Boeing 777 aircraft from the liquidation estate of Jet Airways (India) Ltd. in E-Auction process. Assured in evaluating transaction risks and acquisition strategy, participated in the auction process, and advised on the preparation of transaction documentation, and coordinated with stakeholders for completion of the transaction. Represented and assisted the client before the National Company Law Tribunal and National Company Law Appellate Tribunal in proceedings for enforcement and implementation of the transaction, advised on regulatory and compliance matters, including the Directorate General of Civil Aviation requirements and tax implications.
• Insolvency Proceedings in respect of Future Group Companies: Advised, represented drafted pleadings, researched, briefed senior counsel counsels and appeared on behalf of ex-promoters and personal guarantors of Future Group Companies in proceedings before the National Company Law Appellate Tribunal, challenging the maintainability of personal insolvency proceedings in respect of personal guarantors initiated by debenture trustees in absence of enabling provisions in the Insolvency & Bankruptcy Code, 2016.

PRINCIPAL ASSOCIATE

• SENIOR ASSOCIATE
• ASSOCIATE at P&A LAW OFFICES (2020-10 – 2025-12)

Principal Associate (April 2025 -December 2025)

• Senior Associate (April 2023-March 2025)
• Associate (October 2020-March 2023).
• TATA STEEL LIMITED — Enforcement of Resolution Plan approved under the mandate of Insolvency & Bankruptcy Code, 2016: Advised, represented, drafted pleadings, researched, briefed senior counsel and appeared on behalf of erstwhile Tata Steel BSL Limited (now amalgamated into Tata Steel Limited) in a batch of Writ Petitions before the High Court of Delhi, High Court of Allahabad, High Court of Orissa, High Court of Bombay, High Court of Jammu, Kashmir and Ladakh, High Court of Punjab and Haryana, and High Court of Uttarakhand challenging various tax demands perrtaining to period prior to corporate insolvency resolution process and approval of resolution plan of erstwhile Bhushan Steel Limited
• Special Leave Petition before the Supreme Court filed by Tata Steel Limited against orders of the Bombay High Court that allowed continuation of suits filed by operational creditors of erstwhile Bhushan Steel Limited
• Intervention application before the Supreme Court filed by Tata Steel Limited in Ghanashyam Mishra and Sons Private Limited through the Authorized Signatory v.

Edelweiss Asset Reconstruction Company

Limited through The Director and Others, 2 021 SCC OnLine SC 313, and in Sanjay Kumar Agarwal v.

State Tax

Officer, Review Petition (Civil) No. 1620 of 2023.

• TATA STEEL LIMITED — Amalgamation of Tata Steel BSL Limited into Tata Steel Limited: Advised, represented, drafted pleadings, researched, briefed senior counsel and appeared on behalf of erstwhile Tata Steel BSL Limited in amalgamation proceedings before the National Company Law Tribunal, Mumbai Bench seeking approval of scheme of amalgamation of Tata Steel BSL Limited and Bamnipal Steel Limited into and with Tata Steel Limited; in appeal before the National Company Law Appellate Tribunal, New Delhi, filed by creditors and minority shareholders of erstwhile Tata Steel BSL Limited objecting to the scheme; and in appeal before the Supreme Court filed by shareholders of erstwhile Tata Steel Limited objecting to the scheme.
• TATA STEEL LIMITED — Amalgamation of 4 listed companies into and with Tata Steel Limited: Advised, represented, drafted pleadings, researched, briefed senior counsel and appeared on behalf of Tata Steel Limited in the four amalgamation proceedings before the National Company Law Tribunal, Mumbai Bench, seeking approval of scheme of amalgamation of various subsidiaries of Tata Steel Limited, into and with Tata Steel Limited.
• TATA STEEL LIMITED — Arbitrations concerning a sale and lease back agreement in respect of Oxygen Plants at a Steel production plant: Advised, represented, drafted pleadings, researched, briefed senior counsel and appeared on behalf of erstwhile Tata Steel BSL Limited (now amalgamated into Tata Steel Limited) in Section 9 petition under the Arbitration and Conciliation Act, 1996 against rest while Tata Steel BSL Limited before the High Court of Delhi; arbitration proceedings before the Arbitral Tribunal consisting of Justice (Retd.) Aftab Alam (Presiding Arbitrator), Justice (Retd.) Vikramajit Sen, and Justice (Retd.) A.K. Mittal; arbitration proceedings before the Arbitral Tribunal consisting of Justice (Retd.) T.K. Thakur (Presiding Arbitrator), Justice (Retd.) Vikramajit Sen, and Justice (Retd.) Dipak Misra; and settlement proceedings before the respective arbitral tribunals, including drafting of settlement agreement and renewed lease agreement.
• TATA STEEL LIMITED — Arbitrations of Tata Steel Limited with operational creditors of erstwhile Tata Steel BSL Limited before the Indian Council of Arbitration: Advised, represented, drafted pleadings, researched and appeared on behalf of Tata Steel Limited in multiple arbitrations before the Indian Council of Arbitration.
• TATA STEEL LIMITED — Arbitrations of Tata Steel Limited for claims with respect to non-refund of Security Deposit: Advised, represented, drafted pleadings, researched and appeared on behalf of Tata Steel Limited in two arbitrations before Justice (Retd.) Rajiv Shakdher (Sole Arbitrator), instituted by reference under Section 89 of CPC upon consent of parties.
• TATA STEEL LIMITED — International Disputes of Tata Steel Limited: Advised, represented, researched and briefed the local counsels in Dubai on behalf of Tata Steel Limited in the recovery proceedings and termination proceedings instituted by Tata Steel Limited against Shree Global Steel FZE, Dubai, before the Court of First Instance and the Court of Appeals in Dubai, UAE.
• TATA STEEL LIMITED — Appeal before the Securities Appellate Tribunal, Mumbai instituted by Tata Steel Limited: Advised, represented, drafted pleadings, researched, and briefed senior counsel on behalf of Tata Steel Limited in appeal against an order of the Securities and Exchange Board of India imposing penalty in furtherance of alleged non-compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• TATA STEEL LIMITED — Company Petitions instituted by Serious Fraud Investigation Office (“SFIO”): Advised, represented, drafted pleadings, researched, and briefed senior counsel on behalf of Tata Steel Limited in company petitions filed by SFIO before various benches of the National Company Law Tribunal against ex-promoters and related parties of erstwhile Bhushan Steel Limited.
• TATA STEEL LIMITED — Recovery Suits against operational creditors of erstwhile Tata Steel BSL Limited: Advised, represented, drafted pleadings, researched and appeared on behalf of Tata Steel Limited in various recovery suits instituted in New Delhi, Faridabad, and Mumbai arising from rental agreements with related parties of ex-promoters of erstwhile Bhushan Steel Limited prior to its takeover by Tata Steel Limited.
• TATA STEEL LIMITED — Commercial Disputes: Advised, represented, drafted pleadings, researched and successfully represented Tata Steel Limited in a reported judgment of the Supreme Court, wherein the court clarified the position of law in respect of bifurcation of cause of action, and the issue of territorial jurisdiction.
• SANOFI-AVENTIS: Advised, represented, drafted pleadings, researched and appeared in criminal appeals before the Supreme Court for quashing of proceedings against the company and its directors initiated by an ex-employee.
• KAVITECH PVT. LTD. & KAVITECH PTE. LTD.: Advised, represented, drafted pleadings, researched and represented the companies before the High Court if Delhi in commercial suit against the companies seeking recovery of amounts arising out of alleged infringement of copyright over source codes and software applications.
• AIR INDIA EXPRESS LTD. AND AIX CONNECT PRIVATE LTD.: Advised, represented, drafted pleadings, researched, briefed senior counsel and appeared on behalf of AIX Connect Private Limited (formerly known as AirAsia (India) Private Limited) and Air India Express Limited in the amalgamation proceedings before National Company Law Tribunal, Chandigarh Bench, seeking approval of scheme of amalgamation of AIX Connect Private Limited with Air India Express Limited and their respective shareholders.
• AMAZON SELLER SERVICES PRIVATE LIMITED: Advised, represented, drafted pleadings, researched and appeared in multiple consumer complaints on behalf of Amazon Seller Services Private Limited before various district consumer forums.
• FERRO INDIA PRIVATE LIMITED: Advised, represented, drafted pleadings, researched and appeared in commercial suits before the District Courts of New Delhi.
• AIR INDIA: Advised Air India on the strategy to be adopted in its pending matters, including writ petitions, contempt petition, industrial disputes, labour matters, consumer disputes, special leave petitions, arbitrations, among others, pursuant to its takeover by the Tata Group.

ASSOCIATE at CURARE LEGAL (2020-07 – 2020-10)

• Assisted the Assistant Standing Counsel for the Department of Service and Department of Vigilance, Government of National Capital Territory of Delhi at the Central Administrative Tribunal, Principal Bench at New Delhi in the matters of the departments before the tribunal. Advised, drafted pleadings, researched and represented clients while dealing with matters relating to Labor Laws, Tax Laws, And Service Laws, Human Rights Law, Intellectual Property Laws, White Collar Crimes, among others before the Supreme Court, Delhi High Court, the Central Administrative Tribunal (Principal Bench), National Consumer Dispute Redressal Commission, and the District Courts of New Delhi.

B.A. LLB(Hons.) in Law – Faculty of Law, Jamia Millia Islamia, New Delhi (2013 – 2018)

Post Graduate Diploma in International Law and Diplomacy in International Law and Diplomacy – The Indian Society of International Law, V.K. Krishna Menon Bhawan, New Delhi (2016 – 2017)