Tag: India law firms
Tackling Corporate Fraud in England and India
Corporate fraud has increased globally, especially in recent years due to economic and geopolitical challenges. In the UK, PwC’s Global Economic Crime Survey (2022) revealed that 64% of businesses had experienced fraud or financial crimes in the previous two years, up from 56% in 2020. In […]
India: Forging Ahead Across Borders
The Government of India has forged a financial relationship for wallet transactions with Singapore. It is a first for going beyond borders to simplify transactions. This is a landmark achievement and might be beneficial for residents of both countries. The Union Budget has proposed a series […]
Bithika Anand: A pioneer in applying management concepts to law firms in India
Bithika Anand explains her central role in the adoption of sophisticated management practices to Indian law firms
Helping lawyers market their practices in India. An interview with Prachi Shrivastava, Founder, Lawfinity Solutions
In this interview with Asia Law Portal, Prachi Shrivastava, Founder of Lawfinity Solutions, discusses the challenges and opportunities in marketing law practices in India based on her extensive legal industry experience in business development and marketing. What inspired you to found Lawfinity Solutions and how do […]
How India’s MyLawman is helping law students build their legal careers
MyLawman (www.mylawman.co.in) is one of the fastest growing Legal Community websites for Legal Resource sharing. And an e-learning platform for law students, legal professionals and legal academia. In this interview with Asia Law Portal, MyLawman leadership explains the challenges and opportunities law students in India face. […]
Advising clients in employment, industrial and technology law in India. An interview with Neeraj Dubey
Neeraj Dubey is a Partnerwith India’s Juris Corp. He has substantial experience in advising clients in employment, industrial and technology law. With expertise encompassing business law, regulatory and compliance. Along with experience in industry sectors including real estate & infrastructure, e-commerce, aggregators and a variety of […]
Ritika Ganju, Former Phoenix Legal Partner sets up a new firm – ‘Rise Legal’
Ritika Ganju, a former partner in corporate and M & A practice of Phoenix Legal. She has set up a new law firm with partners, Tejas Patel, Aquib Ali and Meera Kaura. Rise Legal is a full-service law firm with a principal office in New Delhi. […]
Saraf and Partners advised Carlyle Group in pre-IPO transactions with RJ Corp, SBI MF and Novo Holdings
Saraf and Partners advised Carlyle Group in a pre-IPO transaction involving sale of its partial stake in Global Health Limited to a clutch of three investors namely (i) RJ Corp Limited; (ii) SBI Funds Management Limited; and (iii) Novo Holdings. Global Health Limited, which operates and […]
India: Overall Economic Forecasts Dip Further Despite Individual Gains
External factors continue to be adversely impacting India’s economic progress. Though the Government has taken adequate steps to steer the economy back on the growth path. Despite the individual performance factors being higher than the rest of the world, the overall growth forecast has gone down. […]
Link Legal advised BeyondSeed in its seed investment in Goofy Tails Private Limited
Link Legal represented and advised BeyondSeed, a Singapore based fund, in its seed investment in Goofy Tails Private Limited. The Firm also worked alongside Chennai Angels, an angel investment group based in Chennai, for its investment in Goofy Tails in the same seed round. The ticket size of […]
Luthra and Luthra expands its practices with new international Trade and Corporate Partners
Leading law firm Luthra and Luthra Law Offices India ramps up its practices in India by hiring Tamal Mandal and Abhilekh Verma as International Trade and Corporate Practice Partners, respectively. Tamal has joined the Firm’s Delhi office while Abhilekh will be based out of the Firm’s […]
India: Economic Forecasts Dip on Global Cues
With the Covid-19 pandemic waning in India, the other aspects of the economy came to the fore. Especially the increasing inflation which appears to be one of the major factors dampening economic growth prospects. Most of the international financial institutions and global rating agencies have lowered […]
Luthra and Luthra elevates 31 members as it announces promotions for the year 2022
Luthra and Luthra Law Offices India celebrated its ‘32nd Annual Day’ on Saturday, the 10th of September 2022 in the most unique way with members gathered physically at respective offices and all offices connected virtually. Read More: Trowers welcomes new international corporate partner Geoff Allen The evening commenced with the […]
Luthra and Luthra advise L and T Finance on a highway project of INR 629 Crores
Luthra and Luthra recently acted as Lenders’ Legal Counsel for L&T Finance Limited in relation to the financing made available to Kappirikkad Highways Private Limited, for an amount of INR 628 Crores in connection with six laning from Kappirikkad to Thalikulam section of NH-66 (old NH-17) in the […]
India: Economic Improvements in Sight
There have been some improvements India’s economic activities and the Government is making efforts to complete free trade agreements with some of the significant trading partners. The inflows from foreign portfolio investors have increased and currently highest in the last 20 months. There was a setback […]
India’s Insolvency and Bankruptcy Code, 2016 Will Prevail Over Customs Act, 1962
The Supreme Court has passed a landmark decision today in the matter of “Sundaresh Bhatt vs. Central Board of Indirect Taxes & Customs” [Civil Appeal No. 7667 of 2021] and held that the provisions of the Insolvency and Bankruptcy Code, 2016 (“Code”) will prevail over the […]
India: Economic Growth Further Slows Down
India’s economic growth has further slowed on global cues and disruptions as reflected in the reduced economic growth forecasts by global financial institutions. Concurrently, the Indian Rupee had almost a freefall against the dollar due to global factors such as the Russia-Ukraine conflict, soaring crude oil […]
Aekom Legal, firm of 25+ practitioners formed by breakaway team from Vaish Associates
Seasoned corporate lawyer Mr. Satwinder Singh, Partner at Vaish Associates Advocates along with Mr. NPS Chawla, Associate Partner and three Principal Associates, namely Mr. Sujoy Datta, Mr. Kalpit Khandelwal and Mr. Lokesh Dhyani have moved out from Vaish with team and have started a new journey […]
Link Legal advised Doncasters Group of Companies in relation to the Indian element of its acquisition of Uni-Pol Group of Companies
Link Legal represented and advised Doncasters Group of Companies (“Doncasters”) in relation to the Indian element of its acquisition of Uni-Pol Group of Companies (“Uni-Pol”). Read More: Aekom Legal, firm of 25+ practitioners formed by breakaway team from Vaish Associates Doncasters is a leading international manufacturer of high-precision […]
DSK Legal welcomes 21 new partners and their teams
DSK Legal are delighted to announce that Mr. Bobby Chandhoke and Mr. Sudhir Sharma have joined DSK Legal together with 19 partners and their respective teams aggregating to 63 lawyers, after leaving L&L Partners where they had worked for several years. They bring a diverse range […]
Krishnayan Sen, Founding Partner and Head of Disputes Practice at Verus, is set to merge his practice with L and L Partners
L&L Partners is delighted to announce that Krishnayan Sen, Founding Partner and Head of Disputes Practice at Verus, is set to merge his practice and join L&L Partners as a Partner in the Firm’s Disputes Practice at New Delhi with his team. Read More: DSK Legal […]
Funding Societies acquire CardUp’s entire shareholding – L and L partners acted for Sequoia
The Firm recently advised Sequoia on sale of its entire shareholding in CardUp to Funding Societies, Southeast Asia’s largest SME digital financing platform. This forms a part of Funding Societies’ acquisition of CardUp’s entire shareholding. Read More: L and L Partners advises L and T Finance Limited in connection with financial assistance […]
L and L Partners advises L and T Finance Limited in connection with financial assistance made available to a subsidiary of Renew Power Private Limited
Banking & Finance team at L&L Partners Law Offices advised L&T Finance Limited (the “Lenders“) in connection with financial assistance for an aggregate principal amount of INR 595,00,00,000 (approx.) made available to a subsidiary of Renew Power Private Limited for its operational wind power project located at Babaleshwarand Batkurki districts of Karnataka. Read More: […]
India on Economic Growth Path, Albeit Slower
India continues its slow economic recovery while Covid-19 cases are rising once again in the country. The economic growth forecasts have been reduced by global financial institutions amidst internal issues including inflation and external issues comprising largely due to the supply chain disruption arising out of […]
L and L Partners acts for Gaja Capital making MarketXpander the next unicorn
The Firm’s Corporate team recently acted for Gaja Capital(“Gaja”), that is an existing investor in MarketXpander Services Private Limited (“Company”) on the recent fund raise by the Company from WestBridge Read More: India on Economic Growth Path, Albeit Slower With the recent investment, the Company has become a ‘unicorn’. […]
L and L Partners acted for Bank of Baroda for funding of working capital requirements of OLA Electric
L&L Partners recently advised Bank of Baroda in connection with the funding of working capital requirements of Ola Electric Technologies Private Limited aggregating up to INR 616.00 Crore for its green field project for manufacturing two-wheeler vehicles at Krishnagiri District, Tamil Nadu with an initial capacity […]
L and L Partners advised ICICI Bank Limited on a re-financing transaction in relation to Rajiv Chowk and Gurugram National Highway – 248A
The Firm advised and acted for ICICI Bank Limited (“ICICI”) in connection with financial assistance sanctioned to Rajiv Chowk-Sohna Highway Private Limited for the purpose of re-financing part of existing secured indebtedness of the borrower company availed in relation to six-laning and strengthening of NH-248A from existing km 2.740 (Rajiv […]
L and L Partners acts on one of the largest projects financing transactions in the fertilizer sector in India
L&L Partners acted as lenders’ legal counsel for 3 separate consortiums of banks led by State Bank of India, in relation to the financial assistance in the form of term loan facilities and working capital facilities made available to Hindustan Urvarak and Rasayan Limited for the purpose […]
Chandhiok and Mahajan elects three to Partnership
Chandhiok and Mahajan has promoted Lagna Panda, Avinash Amarnath and Lovejeet Singh to partnership, effective 1 April 2022. Commenting on the promotions, Pooja Mahajan, Managing Partner of C&M said: “our newly elected partners represent a breadth of skills and experience across practice areas. These promotions demonstrate […]
India Focuses on Business Operational Improvements
India is a state of static recovery with Covid-19 cases remaining low and other internal as well as external factors impacting major economic rebounds. The war in Ukraine has disrupted supply chain routes and Covid related economic packages are now adding to the inflation increase. This […]
All About NFTs and Art. Universal Legal – LawWiser
Know all the Jazz about NFT and Art in #LawWiser‘s fireside chat. Watch the full feature on All about NFTs and Art with with renowned artist and sculptor @Arzan Khambatta and @Anuradha Chowdhary, Tech Lawyer, @Universal Legal. Read More: Helping lawyers achieve business development success. An interview […]
5 Global best Practices Every GC Must Consider
Today as businesses expand, GCs are part of business development and strategies as well. Do you wonder what are the best practices that a General Counsel must follow to bring quality and seamless workflow to any organisation? Read More: Reed Smith launches Global Environmental Sustainability Plan […]
India’s Economy Sees Impact of Global Headwinds
As mentioned last month India continues to be negatively impacted by the ongoing war with lower economic forecasts as a fallout of the ongoing conflict. There have been increasing surge of Covid 19 new cases in certain parts of the country, which is worrying local governments […]
Doing business in the metaverse: legal risks and opportunities
So what, when the world is busy getting back into the post-pandemic groove; why should HR even be interested in this? The Metaverse, and the proliferation of remote working arrangements are the two tectonic shifts that are reshaping the world we work in since the onset […]
India Sees Glimpses of Pre-Pandemic Times
India is feeling the impact of the ongoing war with lower economic forecasts as a fallout of the ongoing conflict. The situation relating to Covid 19 pandemic in India has seen significant improvement in the last month leading to lifting of restrictions across the country. We […]
India Improves Internally as Conflict Rages Externally
The third wave of Covid 19 pandemic in India abated as quickly as it has engulfed the entire country in a very short span of time. All activities have resumed in the country as the situation improved in the last few weeks. The forecasts by global […]
Online Dispute Resolution platform Presolv360 raises $1.08 Million (INR 8.13 crores) in Seed Funding from MGA Ventures, Omidyar Network India, and others
The legaltech startup’s portfolio has grown 10X; and is one of the only ODR platforms to be enlisted by the Ministry of Law & Justice and empaneled by a High Court in the country
Omicron Drives in the Indian New Year
The new year was ushered in riding on the third wave of Covid 19 pandemic in India largely due to the spread of the Omicron variant across the country. The daily case load shot up in the first 3 weeks of the month and restrictions were […]
Ritika Ganju, Partner, Phoenix Legal, on India’s “Cosmetic Rules, 2020”
Cosmetics although a substantial industry has been regulated thus far alongside drugs under the provisions of the Drugs and Cosmetic Act, 1940. With a huge range of international brands and booming domestic cosmetic production, it became inevitable for the regulator to streamline the regulatory process and […]
The Evolving Landscape and Growth of Online Gaming in India
The Evolving Landscape and Growth of Online Gaming in India Read More: Ritika Ganju, Partner, Phoenix Legal, on India’s “Cosmetic Rules, 2020 Remembering Christopher Hunter BA, 1964– 2021
India Closes the Year with Economic Optimism
India continued to maintain momentum on economic recovery as projected forecast for growth was reduced by some global agencies. This is linked to the Covid 19 related situation prevailing in India currently. There has been a marginal rise in daily reported cases since the Omicron variant […]
India Stays Steady as Storm Looms in Horizon
Just as we thought that the pandemic was slowly receding in India with very low daily cases and festive season behind us now, a fresh threat looms on the horizon. The Omicron variant is being seen as a concern worldwide now. India was gearing up to […]
‘The Thing About……Nishith Desai’
Nishith Desai, founder of the eponymous firm Nishith Desai Associates, talks to Patrick Dransfield about strategy, technology and people management.
India: Should We Celebrate this Diwali
There has been cause for cheer as India scripted history by achieving administering 100 crore (one billion) Covid-19 vaccination doses in just about nine months of its rollout. The daily increase in new cases has remained on the lower all throughout the festive season. India is […]
India: Economy Shows Signs of Revival
There has been recovery of the Indian economy in the past month. The daily new Covid 19 cases have gone down some more to around 30,000 and even below on certain days. This is coupled with staggering coverage on vaccination across the country. Considering the vast […]
India: Economy Sees Green Shoots as Vaccination Coverage Increases
There have been some green shoots in economic activity as new Covid 19 cases seem to have stabilized around the 40,000 daily mark. The festive season has just commenced and there are apprehensions as well as expectations. The apprehension stems from gatherings and people coming together […]
At the forefront of legal innovation in India. An interview with Shreya Vajpei
Shreya Vajpei is a legal innovator, legal technology writer and advisor, and practice development professional – having begun her career as a lawyer. In this interview with Asia Law Portal, she details the journey that led her to her focus on legal innovation – and how […]
In a Minute – Foreign Seat of Arbitration, Vasanth Rajasekaran
There has been a lot of debate on the issue of whether Indian parties can elect a foreign seat of arbitration. Recently the Supreme Court of India answered in affirmative on this issue. Read More: India: Clawing its way back from the devastating Covid 19 Second […]
India: Clawing its way back from the devastating Covid 19 Second Wave
India breathed a collective sigh of relief as the second wave seemed to have abated for now. The daily new cases of Covid 19 have come down quite steadily and gave respite to all anxious citizens of this vast country. The prediction of a third wave […]
The Emergence of Commercial Justice Through IBC
Watch our new video on the recently launched Book titled “The Emergence of Commercial Justice: Insolvency And Arbitration” by Vivek Sood, Senior Advocate. The book explores and analyses game-changing judgments delivered by the Supreme Court in establishing the concept of Commercial Justice. Read More: An Interview […]
Covid-19 Second Wave Sends Shivers Down India’s Spine
It is unnerving to see what is happening all around us in India. The second wave of Covid 19 has been ferocious and severely impacted Indians. The daily new cases recorded have been the highest in the world for the past few days. The economy is […]
Providing tech-enabled legal services to private equity and venture capital in India. An interview with Rasmeet Charya, Chief Innovation Officer, Algo Legal
Algo Legal is a new age technology backed firm focused on venture capital and private equity firms, VC-funded start-up companies and corporate businesses. The firm is Headquartered in Bangalore and has offices in Mumbai and Delhi. In this interview with Asia Law Portal, Algo’s Chief Innovation […]
Covid-19 Second Wave Hits India on Lockdown Anniversary
India is once again witnessing a surge in Covid-19 infections. As the anniversary of the lockdown approached the increase in cases reared its ugly head and this time the numbers are skyrocketing in affected areas. The second wave is threatening to undo the gains from the […]
High Growth Forecast for India Amidst Some Concerns
India continued to receive high economic growth forecast, as per reports issued by the International Monetary Fund and United Nations (UN). However, the UN reported highlighted some concerns and worrisome factors. Government of India recently amended the external commercial borrowings rules to further enable ease of […]
M&A: Three easily mitigated but commonly overlooked pitfalls
New Delhi lawyers LexCounsel explore three of the most common mistakes made when it comes to Mergers & Acquisitions and their straight-forward solutions. Author Dimpy Mohanty Firm LexCounsel Mergers and Acquisitions (“M&A”) are an incredibly popular way to grow business inorganically. However, a failed M&A can have far-reaching consequences […]
Mumbai – A City Guide for Lawyers and Legal Professionals
Mumbai is the financial and commercial capital of India and home to the largest entertainment industry activity in the country. Originally a group of seven islands, Mumbai has grown into a dynamic and cosmopolitan city that never sleeps. Also known as a city of extremes, Mumbai […]
India Recovers Slightly in Global Competitiveness Rankings
India climbed five places to reach rank 58 in the Global Competitive Index recovering from the huge dip last year, after stellar performances in 2015 and 2016. India’s economic growth forecast by the IMF remained slightly lower that its April forecast. The current royalty norms for […]
Indian Prime Minister Pushes For Entry of Foreign Law Firms
The activities relating to entry of foreign law firms in India gathered pace this month as the Government actively took initiatives. The biggest impetus to keep the momentum going was the Prime Minister’s views and directives to enable the Government machinery to expedite. Some major changes […]
Legal services disruption in India: Risks and opportunities
For those lawyers and legal services sector professionals about to gather in Mumbai for IDEX Legal’s Asia Law Firm Management Congress (ALFMC) April 20th – thoughts of legal market liberalization and change hastened by technology are taking center-stage. But what do these things mean? And what […]
First ever Asia Law Firm Management Congress to take place in Mumbai, April 20, 2017
The first ever Asia Law Firm Management Congress (ALFMC) will take place in Mumbai, April 20, 2017. Presented by ThomsonReuters and curated by IDEX Legal. The St Regis Hotel will be the conference venue. As LegallyIndia has detailed — the event will bring together lawyers from leading […]
India becomes World’s Fifth Largest Economy
India beat all forecasts to become the world’s fifth-largest economy way ahead of the 2020 prediction. The growth of the economy is led by Government initiatives like ‘Make in India’ and surging foreign direct investment. Fifth Largest Economy – India was finally able to overpower its […]
Bar Council of India Stalls Entry of Foreign Lawyers
The Bar Council of India (BCI) has managed to throw a spanner into the Government’s steps to allow entry of foreign law firms. The Government continues its efforts to attract foreign investment with new and innovative initiatives and strategies. Entry of Foreign Lawyers. The Bar Council […]
Legal startup legistify seeks to make the law accessible in India
India’s legal market represents an enormous opportunity for legal startup entrepreneurs. With a Gross Domestic Product (GDP) of 1.877 trillion USD (2013), it ranks as “the seventh-largest economy in the world measured by nominal GDP and the third-largest by purchasing power parity.” As in other economies in […]
Uniform Tax Rate To Finally Become Reality in India
The Indian Parliament approved the long-pending Goods and Services Tax Bill earlier this month, paving the way for a uniform tax regime. There were more tax reforms when the India-Cyprus Double Tax Avoidance Treaty was amended. The Government also kept its promise to implement a proposal […]
India Declared A Top Destination for FDI
The Government’s efforts to make India a top destination for foreign investment received yet another boost when one of the world’s leading observers of global FDI gave it the top honours. The Government continued to open up more avenues for foreign investment. There are some fresh […]
Sweeping Changes to India’s FDI Policy
Liberalisation of India’s economy has always been on the cards in Modi Government’s agenda from the start. However, it chose the time of heavy electoral losses in the state of Bihar to announce the goodies for foreign investors. The sweeping changes to the FDI policy were […]
India’s Regulatory Reforms: Commitment to Foreign Investment
The ‘Make In India’ campaign is going full throttle with the Government initiating key changes to its foreign direct investment policy. The finance budget providing further fillip with a slew of regulatory reforms. Further, there is fresh hope for the entry of foreign law firms. Regulatory […]
Will India’s new government liberalize the country’s legal market?
Legal news in Asia and the markets across the Asia-Pacific region have been liberalized in recent years. Liberalization of the Singapore, Malaysia, Hong Kong, South Korean and Indian legal markets are all at various stages of development. India, arguably, is the least liberal among them. Member […]