Nimish Vakil

Tyabji Dayabhai

Nimish Vakil is a partner in the firm of Tyabji Dayabhai, one of Mumbai’s oldest law firms.

After qualifying as a solicitor in Mumbai in 1991 and in London in 1992, he has been actively associated with aircraft transactions such as lease, sale-leaseback and purchases including aircraft engines. He has represented various financiers/banks including US Exim Bank; Wells Fargo Bank Trust Company, National Association; Wilmington Trust Company; Export Development Canada; Investec Bank plc; Bank of Tokyo-Mitsubishi; and BNP Paribas.

Aircraft leasing companies he has represented include Aero Capital Solutions, Altavair, Dynam Aviation, Chorus Aviation, Pegasus, Pembroke, Macquarie, Milestone, Jackson Square, Virgo, Avolon, Cheung Kong, Alterna, Intrepid AviationAvequis, Tombo Aviation, Osprey Aircraft Leasing, Goshawk, Lease Corporation International, Accipiter, Ping An, Yamasa Full Moon Leasing Company, Wings Capital and BJets.

Nimish Vakil has been a speaker at various conferences since 1995, including the International Airfinance Legal Conference; and the Euromoney India Airfinance Conference; and the Everest South Asia Aviation Finance Conference. He has also written articles in respect of aviation-related issues in India Business Law Journal and the Airfinance Annual.

He has advised and been successful in helping lessors/owners (such as AWAS, CIT, Hawker Beechcraft, DAE, ACG, Altavair, Alterna, Wings Capital, Investec, ING CACIB, UKEF, Barclays and Standard Chartered Bank) to deregister and repossess their aircraft in India, through either through court intervention or out-of-court negotiations with lessees such as Kingfisher, SpiceJet and Jet Airways. He also assists clients in liaising with Indian government authorities such as the Airport Authority of India, Air Traffic Control and the Directorate General of Civil Aviation, as well as private airport entities.