PRESS RELEASE
5 May 2026

JSA Advised Neo Asset Management On Bespoke Private Credit Turnaround Financing To Santladevi Resorts

J
JSA

Contributor

JSA Advocates and Solicitors is a top-tier, full-service Indian law firm. Established in 1991, at the start of India’s economic liberalisation, the firm has built a strong reputation for handling complex and high-stakes legal and commercial matters. The firm is organised around specialist practice areas and industry sectors. It works closely with leading Indian corporates, Fortune 500 companies, global financial institutions, and government and statutory bodies on important corporate, financing, and disputes mandates. JSA has a team of over 700 legal professionals, including 180+ partners, and operates from 10 offices across seven cities in India: Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai, and New Delhi. The firm is consistently recognised as a top-tier practice by leading international legal directories, including Chambers & Partners (Asia-Pacific and Global), Legal 500, and AsiaLaw.
JSA advised Neo Asset Management Private Limited and funds managed by it on a bespoke turnaround financing to Santladevi Resorts Private Limited, the operator of a 5-star hotel in Dehradun.
India

JSA advised Neo Asset Management Private Limited and funds managed by it on a bespoke turnaround financing to Santladevi Resorts Private Limited, the operator of a 5-star hotel in Dehradun.

The transaction was structured through issuance of secured non-convertible debentures listed on BSE Limited.

The JSA team was led by Utsav Johri, Partner, with support from Abhishek Ray, Partner; Harshil Shubham, Principal Associate and Zahan Kalyaniwalla, SeniorAssociate.

Contributor

JSA Advocates and Solicitors is a top-tier, full-service Indian law firm. Established in 1991, at the start of India’s economic liberalisation, the firm has built a strong reputation for handling complex and high-stakes legal and commercial matters. The firm is organised around specialist practice areas and industry sectors. It works closely with leading Indian corporates, Fortune 500 companies, global financial institutions, and government and statutory bodies on important corporate, financing, and disputes mandates. JSA has a team of over 700 legal professionals, including 180+ partners, and operates from 10 offices across seven cities in India: Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai, and New Delhi. The firm is consistently recognised as a top-tier practice by leading international legal directories, including Chambers & Partners (Asia-Pacific and Global), Legal 500, and AsiaLaw.
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