Lex Consult: Pramit Mohanty Appointed Banking Finance Partner

• Pramit Mohanty has been appointed as a Partner at Lex Consult, where he will lead the firm's banking and finance practice.
• Mohanty brings nearly two decades of experience in structured finance, private credit, real estate finance, and cross-border debt.
• His career includes nearly eight years at Trilegal and over a decade at Altico Capital, where he managed credit origination, structuring, and recovery strategies.
• At Lex Consult, he will advise banks, NBFCs, private credit funds, and special situations investors on complex financial matters.
• His advisory areas will encompass private credit, structured lending, restructuring, insolvency, distressed debt, and cross-border debt.

His extensive background provides a unique perspective on how credit structures perform across various economic conditions, a critical asset for clients navigating complex financial landscapes in India.

Lex Consult has announced a significant expansion of its financial advisory capabilities with the appointment of Pramit Mohanty as a Partner. In his new role, Mohanty will take the helm of the firm's banking and finance practice, bringing a wealth of experience to the leadership position. This strategic move aims to strengthen Lex Consult's offerings in a dynamic and evolving financial sector.

Mohanty is an alumnus of the West Bengal National University of Juridical Sciences, Kolkata, and joins the firm with nearly two decades of professional experience. His expertise spans critical areas within financial law, including structured finance, private credit, real estate finance, cross-border debt, and special situations. This comprehensive background positions him as a key asset for clients seeking sophisticated legal guidance in India's complex financial markets.

Pramit Mohanty's career trajectory showcases a deep engagement with diverse aspects of financial transactions and credit management. He commenced his professional journey at Trilegal, where he dedicated nearly eight years. During this period, his work encompassed syndicated lending, structured and high-yield debt, real estate and project finance, and various cross-border deals, including external commercial borrowings.

Following his tenure at Trilegal, Mohanty spent over a decade at Altico Capital. Here, he was instrumental in leading the origination, structuring, and documentation of credit transactions across India's major markets. Crucially, he also spearheaded the platform's restructuring, enforcement, and recovery strategy. This experience provided him with a first-hand understanding of how credit structures perform across various economic conditions, a critical asset for clients navigating complex financial landscapes in India.

At Lex Consult, Pramit Mohanty will leverage his extensive background to advise a broad spectrum of financial entities. His client base will include banks, non-banking financial companies (NBFCs), private credit funds, asset reconstruction companies, and special situations investors. This focus aligns with the growing demand for specialized legal counsel in India's financial sector, particularly in areas requiring nuanced understanding of market dynamics and regulatory frameworks.

Mohanty's advisory services will cover private credit and structured lending, real estate finance, restructuring, insolvency and enforcement, distressed debt, and stressed-asset acquisitions. He will also provide expertise on cross-border debt transactions, including external commercial borrowings. This comprehensive suite of services underscores Lex Consult's commitment to offering robust legal solutions for intricate banking and finance challenges, positioning the firm as a key player in India's banking finance legal landscape.

The appointment of Pramit Mohanty as a Banking & Finance Partner reflects Lex Consult's strategic vision for growth. According to Partners Naresh Pareek and Majid Afsar Siddiqi, the firm's foundational principle was never to prioritize size for its own sake, but rather to attract top-tier talent. This approach ensures that Lex Consult continues to enhance its capabilities and deliver high-quality legal services to its clients. Mohanty's deep expertise in structured finance and distressed debt is a testament to this commitment.

Lawyers and compliance officers seeking expertise in structured finance, private credit, or distressed debt in India should note Lex Consult's enhanced capabilities with Pramit Mohanty's appointment, potentially impacting client referrals or competitive strategies in the sector.

Source: Original reporting via Bar & Bench