NVS & Associates
About the Company
With increased visibility of collaborations in India, there has been a heightened need for identifying and scrutinizing trusted and appropriate business partners for business sustainability, quality control and corporate governance. Companies, therefore, have the surmounting need for a single window to address such requirements. NVS & Associates (NVS) has been addressing such needs of businesses for about two decades and has guided and facilitated transactions with respect to due diligence, contract management, inorganic and organic growth, arbitration and litigation, with their services ranging across various disciplines of law. Offering a full range of services with outstanding dedication and commitment in providing innovative end-to-end solutions to corporate clients, NVS is headquartered in Chennai with counsels in Bangalore, Hyderabad, Mumbai, Delhi, Cochin, Coimbatore and Madurai, and associates in Melbourne, Sydney & Singapore. The firm believes in enabling corporate excellence by providing customized and sustainable legal solutions within the purview of justice to uphold corporate standards and ensure smooth business operations by not only addressing problems but preventing them from arising.
Current Market Landscape
Currently global commerce has grown to such an extent that it has become necessary for companies who are entering India to conform to various legislations. There are several enactments such as land acquisition, Transfer of Property Act, Stamp Act & Registration Act, all the labour legislations, SEBI and FEMA regulations, Banking Regulations Act, Prevention of Money Laundering Act, Companies Act, Central Excise and Customs and Sale of Goods, among various others. Therefore, there is a need for corporates to be guided accurately and efficiently for all-round compliance in such a complex legal environment. Further, Income Tax Act, Service Tax Act and Customs Act for instance, are complex revenue laws and naturally all companies seek holistic advisory. NVS provides advisory to several international and domestic clients on these aspects so that their clients can concentrate on their core business. This advice also becomes absolutely essential to avoid unnecessary litigation.
Addressing the Challenges
The challenges in India are to:
a. Render prompt advise based on international standards
b. Specify the deliverable times and work within that compass
c. Render advise on practical solutions to the company instead of promoting litigation
d. Understand the business of each company in order to strategise the advise
e. Engage specialists
How NVS addresses the challenges :
Services
NVS provides a single window for redressal of all issues and understands that legal matters are accompanied by business and reputational risks. The firm, therefore, helps clients in their internal communications, business planning/restructuring and risk avoidance/ minimization to ensure smooth operations. Their experts possess considerable experience and expertise in business negotiations, advisory and appearing before various legal tribunals, in proceedings involving multi-disciplinary and cross-border commercial issues, while working in international jurisdictions.
NVS’ expertise lies in business restructuring, Litigation and Arbitration in various laws and across industries. Debt recovery, real estate laws are other specialized divisions. Their areas of specialization are in organic and inorganic growth (Mergers, Acquisitions & Joint Ventures) includes Corporate & Commercial Laws, Corporate Due Diligence, Legal Audit, Banking and Finance, Project Finance, Employment, Cyber, Intellectual Property and Environment Laws. The company caters to several industries, such as Banking and Finance, Information Technology, Real Estate, Infrastructure, Manufacturing and Logistics, Marine and Media, among others.
NVS does inter-corporate deals and documentation and is also the Lender’s Counsel for various Banks and financial institutions. It also resorts to legal audit pre and post sanction of corporate loans to avoid the accounts from becoming NPA and provide NPA avoidance and reduction strategies. The firm, normally, advises clients not to litigate and wherever there is a need for litigation NVS also assess the need for a de-litigation because litigation is advised as a matter of strategy. NVS deals with several cases on the original side of the High Courts and Civil Courts as well.
Differentiating Factors
Legal advice that makes long-term business sense is the Unique Selling Proposition (USP) of NVS. NVS has experts who have been leaders in large corporates and lawyers with several years of corporate experience. With an all-round understanding of the implications of business decisions and the impact of legal consequences, NVS is preferred by its clients for its perception of the clients’ business models while offering advise and guidance. NVS also undertakes issues that have been considered hyper technical and complex, and the firm’s clients are testimony to their success in such matters.
Clients
"I have been very pleasantly surprised to find a legal firm, in another country, who work so efficiently, courteously and professionally….the thought of liaising with a legal firm in a separate country was quite daunting. All my fears were put to rest after my very first correspondence with Vinithra from NVS. …understand my business, how it operates and what my needs were…thorough and utterly professional. From here on, I dealt with other team members at NVS Legal Corporate and was pleased to have those same positive experiences ... If you're searching for a professional and highly efficient legal company, you would be wise to partner with NVS.” Amber Fox, Managing Director, ASSESSMYMATH Australia
At the outset; we wish to thank you for the immense support that you have provided us and your opinions are well received by our management. ManikantanIyer, Legal&Compliance| Ford Credit India Private Limited
It has been a great experience in dealing with your office on various legal issues pertaining to our Bank. We are thoroughly satisfied by the qualityand promptness of your work. Looking forward to have a long standingassociation with your office.Regards,Balraj C R, Manager-Law, Central Bank of India, R.O,Chennai
I am writing this mail to appreciate your fantastic work on this case which was pending against RBS for more than a decade. Once again, we the legal team appreciate your hard work for the success of this case (which was pending more than a decade against RBS Chennai and RBS Mumbai in favour of RBS and saved the bank money Hats off for your excellent and fantastic work!!!! AshaLukose, Dispute Resolution Team, The Royal Bank of Scotland N.V
“It has been over 2 years of relationship with NVS group ….(1) has been a great partner .. right from setting up…registrations right through to consulting and advice.(2) efficient and professional legal partner..we are very pleased with NVS & Associates’ contribution to this effect. …I feel safe in keeping our legal matters in NVS's hands. (3) Trustworthiness and transparency …NVS group have been topmost in both qualities. … very easy …discover and solve all minor hurdles quickly and efficiently. (4) Involvement of top management of NVS at all times in almost all matters… contributed to this successful relationship. Thank you for your valuable assistance in creating Mack Valves India Pvt Ltd and I look forward continuing this positive journey with NVS group with similar success.Sandeep Sunder, Director, Mack Valves India Pvt. Ltd. WOS of Balkore Pty. Ltd., Australia, now part of Adani Group
“We are thankful to ..for their great, prompt & excellent services with ..handled by NVS, we are expecting same & continuous services from NVS going forward as well! … NVS for providing us all timely support & services! “ SanketBadgujar, Legal Officer DHL Express, India
“..fantastic experience working with NVS .…from the first meeting .. Mr. Srinivasan and Vinithra till the time the work was delivered…regular communication & updates on the status…NVS team ...quick to grasp the nuances of our complex business model which showed in the quality of the output. Most importantly, all the timelines were met. …we now feel that we have a one-stop shop for all our legal requirements. Thanks a lot & we look forward to working with you again”.Karthik Raghuram, Financial Controller, Lister Technologies Pvt. Ltd.
“very happy with the services provided by NVS.. to date…..to review a service agreement and to provide suggested changes in the context of Indian law… very happy with the redrafted agreement and are about to undertake a process of due diligence with them. Their service has been very professional … advice … provided …timely and efficient…found that their advice is provided in a user friendly way. Their fees to date have also been reasonable.”Fiona Flanigan, Superannuation Audit, KSR Partners, Australia
“From 2012 until 2015 NVS… has provided LORENZ Life Sciences India with various accounting services, e.g. book keeping, payroll services and tax filings (including, but not limited to service tax, VAT and TDS). We thank NVS for their valuable contribution during the period of their services. They were always professional and had a structured approach in providing solutions." Philipp, Lorenz Life Sciences India Pvt. Ltd., WOS of Lorenz Life Sciences, Germany
We would like to place on record the services rendered by your team in incorporating the Company in India and assisting us with regard to formalities concerning FEMA, RBI Regulations, Export Import Code and other Laws applicable as well as performing due diligence in respect of leasing of property and rendering company secretarial and accounting assistance for a reasonable period.We also acknowledge the business models advised by you.We continue to look forward to your constant assistance in all our endeavors.
K. Vijay Kumar, Associate Vice President, IP SoftCom India, A WOS of Singaporean Co.
We at Simran have installed capacity of 162.35 MW of Wind turbine with a networth of Rs. 556.00 Crores and turnover of Rs. 149.00 Crores for the year ended 31-03-2013. Your firm was assigned the task of legal due diligence for land records for 111.90 MW involving more than 250 acres of land. It was a marathon task but it was done with all sincerity and meticulousness resulting in timely execution of Deed of Conveyance and later smooth creation of charge to the satisfaction of our lenders which includes IFC, Standard Chartered and DBS.Apart from this specific assignment, you have been courteous to give professional advice on several matters as and when sought.We sincerely appreciate professional attitude of all the staff working as a Group under your mentorship to deliver the best to the client’s requirement.We wish to forge a continued alliance with your esteemed concern for knowledge enrichment. With regards,
SatishRaval, President – Business Development, Simran Wind Project Private Limited
“NVS has been associated with Barclays as an empanelled external legal counsel for a long time now… NVS has effectively represented and continues to represent the Bank in initiating and progressing legal recovery actions against the Bank’s defaulting corporates. While NVS has over the years vastly expanded its scope of services as well as operating geographies, my team has majorly engaged with NVS in recovery-related litigations and has had a verysatisfactoryexperience. NVS’s professionalism and pro-activeness in every aspect of engagement - right from accessibility, providing clarity on available options, relative effectiveness thereof, advising on the most effective legal strategy/course of action, etc. to the quick execution turnaround displayed in drafting & filing petitions, effectively representing / arguing the Bank’s case, updating , etc., is deeply appreciated. We highly value our long continuing relationship. Regards,V. Shrinath/Head (Business Support & Corp.Recoveries)
Barclays Bank PLC”
We want to place on record our appreciation and happiness partnering with NVS & Associates for their professional support, guidance and strategic advisory to establish our paramount legal right on our client SIVA wind having, Wind Energy product, SIVA 250/50 and obtain an appropriate legal remedy… NVS effectively represented us to establish the ownership of the Intellectual property rights of SIVA 250/50 in the product and proved the infringement by others. Due Thanks to NVS for obtaining a restraining order…NVS subsequently issued a public notice to caution all the prospective/interested customers/buyers in Europe, USA and Korea not to get misled by the act of distortion practiced by WTN, which has embarked on an approach to gain unfair advantage at our cost.
NVS also assisted SIVA Wind to initiate a separate, independent and appropriate legal remedy against WIN at the appropriate international Forum. We sincerely appreciate the professional attitude, timely intervention and successful strategies adopted by all the advocates and staff working under your mentorship to deliver appropriate, effective and efficient outcomes. We are thoroughly satisfied by the quality and promptness of your work. We appreciate NVS' professionalism and pro-activeness, regular communication, updates and adherence to timelines. We look forward to our future achievements together with a mutually beneficial and rewarding relationship with you. Simon Solomon, Director, The Investment Trust of India Limited”
“On our association with you. We were pleased to empanel you as our Panel Lawyer in October, 2013. Since then our association with you was a wonderful experience in legal matters especially our law officers who were enriched by your vast knowledge and experience in Banking matters. Your books on Banking laws enlightened us and is a useful reference material.We were happy to get the services of legal scrutiny of title deeds with perfection from your dedicated senior staff. On litigation matters your presentation before the High Court and Tribunals was noteworthy with proper study of legal issues and case laws. Especially accounts of Skat India Cloth Apparels Pvt. Ltd. and Velan Hotels Ltd. wherein this matters were handled correctly without giving any scope for the borrowers to misled. Thanking you for your continued patronage and association with our institution. Yours Faithfully, RAMESH.M, SENIOR MANAGER (LAW), Allahabad Bank”
Organizational Culture
NVS believes in equal opportunity for all and employs all its associates only on merit basis. The firm believes in providing a constant learning environment for continuous growth and development. All associates, including juniors and interns are provided equal opportunity to analyse and provide their views and opinions on the various matters dealt with by the firm and encourages junior associates to think on their feet. Many of the firm’s employees have been with NVS for several years as the company provides a safe and friendly work environment, including flexi-timings.
Harboring Innovation
NVS involves the associates from the initial stages of all cases and advisory. The issues normally presented to the firm are complex and require a lot of research and creative thinking, in the various issues they deal with, which inculcates innovative thinking among all members of the organisation. Most of the issues require solutions that are novel and provides competitive challenges to nurture a learning environment. Through this manner, NVS has created several new concepts for the firm’s clients.
Go-to-Market Strategy
NVS works with international law firms and associates to provide global assistance to its clients. Working with like-minded Associates, NVS seamlessly caters to its clients from both business and legal perspectives. The firm specifically has associates in USA, Australia, Germany and Singapore and plans to expand into other markets in the near future.
Quick Facts
1) Year of founding: 1999
2) Funding information: promoter funded
3) Founding members: N.V. Srinivasan
4) Key Personnel: Vinithra Srinivasan
5) Office locations:
HQ: Chennai,Bangalore,Mumbai,Coimbatore,Madurai,Cochin and Delhi
6) Company strength:
• Litigation
• Domestic and international Alternate Dispute Resolution (Arbitration, Mediation and Negotiation)
• Sectors: Banking and finance, Information Technology, Real Estate, Marine, Manufacturing and Logistics,
• Areas of advise, guidance and documentation: Banking and Finance laws, Labour laws, Real Estate laws, Taxation laws, Intellectual Property laws, Information Technology laws, Corporate and Commercial laws and Compliance, project finance, Initial Public Offering (IPO), Mergers, Acquisitions and Joint ventures
6) Website: www.nvsassociates.com; www.nvscorporate.com
