Loan Agreement Drafting.
A loan agreement records the amount, interest, repayment, security and default terms of a loan, and it is the document lenders, auditors and tax officers will ask to see. We draft inter-corporate, director and personal loan agreements and check the Companies Act, tax and FEMA conditions that apply. Recovery action and litigation are referred to advocates.
Typically three to seven working days for drafting, plus the time needed to hold board or general meetings and, for foreign lenders, to complete ECB formalities through your bank.
A partner — a chartered accountant or company secretary — from the first call to sign-off.
Based on your situation, and fixed in writing before any work starts.
Is this for you?
- Group companies lending to or borrowing from each other
- Directors or shareholders lending money to their company
- Individuals lending to family members or businesses
- Companies borrowing from a non-resident lender or a foreign parent
What you receive at the end.
- 01Loan agreement and any security documents
- 02Board and shareholder resolutions
- 03Charge filing with the ROC, for secured loans
- 04Execution note on stamp duty and signatures
Loan Agreement Drafting, step by step.
Typically three to seven working days for drafting, plus the time needed to hold board or general meetings and, for foreign lenders, to complete ECB formalities through your bank.
- 1
Transaction review
We confirm the parties, amount, purpose, interest, tenure, repayment schedule and any security or guarantee.
- 2
Regulatory checks
We check approvals and limits under sections 179, 185 and 186 of the Companies Act, 2013, the deposit rules for the borrowing company, and the external commercial borrowing framework if the lender is non-resident.
- 3
Drafting the agreement
We draft drawdown, interest, prepayment and default terms and, where needed, security documents such as a hypothecation or pledge deed.
- 4
Approvals and filings
We prepare board resolutions and, where limits are exceeded, shareholder resolutions, and the charge filing with the ROC for secured loans.
- 5
Stamping and signing
We confirm stamp duty under the applicable state law and arrange signing.
What we need from you.
Don't have everything yet? We send a short checklist after the first call and work with what you have.
- Details of lender and borrower, with PAN and KYC
- Loan amount, interest, tenure and repayment terms
- Latest financial statements of corporate parties
- Details of security or guarantees offered
- Existing loans, guarantees and investments, to test Companies Act limits
- Constitutional documents of corporate parties
The fee depends on your situation. After a short call, the partner who will do the work tells you what's involved and gives you a fixed fee in writing — before any work begins.
- Government fees and statutory charges are billed at actuals.
- When you pay — upfront, in stages or on completion — is agreed in writing with the fee.
Questions about Loan Agreement Drafting.
Ready to discuss Loan Agreement Drafting?
30-minute confidential call — no proposal, no commitment. A partner will write back within one business day.