For more than two decades, India’s prison market opening to overseas regulation companies has been the source of controversy, debate, speculation, anticipation, and ultimately sadness for plenty of foreign attorneys. Despite numerous fake starts, most recently in 2017, while Prime Minister Narendra Modi was said to have taken a private interest in seeing the problem through, India’s criminal marketplace remains stubbornly closed.
In the years that passed, as law corporations advanced new techniques to serve India without a bodily presence on the ground, a vast body of India-centered criminal information was collected in international business centers outdoor u. S. A .. Prohibited from practicing Indian regulation or putting in workplaces in India, this new generation of worldwide India experts advocate for their clients from afar and on a fly-in, fly-out basis.
Their numbers are developing. From a look at the website of just about any international regulation firm, you can see the names of numerous partners and pals who’ve reveled in operating on India-related topics. But of the loads of legal professionals worldwide who claim to be Indian professionals, which of them are leading the sphere?
To discover, India Business Law Journal became known to people who know fine, legal professionals at Indian law corporations and India-centered in-residence counsel around the globe. During a month-long nomination process, we requested those experts to appoint the lawyers that they consider to be the various top felony professionals for advising on the global factors of India-related subjects.
The analysis that follows offers highlights of the International A-List, including endorsements of the various recognized attorneys by way of people who nominated them. Space did not allow us to encompass the editorial insurance of every A-List legal professional. Still, the full list of all a hundred International A-List attorneys can be observed right here.
Seasoned specialists
So, what does it take to be one of the main worldwide legal professionals for India? Daksh Ahluwalia, an accomplice at J Sagar Associates, gives an apt description of 1, describing A-List lawyer Chris Parsons, the chairman of the India practice at Herbert Smith Freehills, as a “senior statesman” with a “pervasive community in India.”
“Strong connections and deep know-how of the Indian legal device and commercial enterprise strategies” are the features that Vishwanathan Iyer, the top of legal and corporate affairs at Tata Consultancy Services, reveals to Deepak Nambiar, a New York-based totally accomplice at Kelley Drye & Warren.
Biswajit Chatterjee, the co-chair of the India practice at Squire Patton Boggs, who divides his time between Singapore and Dubai, is described by Vinay Sirohi, a most important associate at Cyril Amarchand Mangaldas, as a “pro-capital markets attorney with several years of India capital markets experience.” According to Sirohia, this role in advising at the initial public offerings (IPO) of SBI Life Insurance, Quess Corp, Infibeam, Prabhat Dairy, and Hinduja Leyland Finance.
Over at Latham & Watkins in Singapore, accomplice and India practice head Rajiv Gupta is applauded with the aid of Prashant Gupta, a associate at Shardul Amarchand Mangaldas & Co, for advising on “a number of the largest and maximum outstanding capital markets offers out of India,” consisting of IPOs using HDFC Life, InterGlobe Aviation, MakeMyTrip and Azure Power, as well as a host of large bond services.
Meanwhile, Freshfields Bruckhaus Deringer partner Arun Balasubramanian is praised with the aid of Gupta of Shardul Amarchand Mangaldas & Co for being “lively in India for over 15 years and advising on several prominent mergers and acquisitions and capital markets deals”.
Akshay Chudasama, the coping with the partner of Shardul Amarchand Mangaldas & Co in Mumbai, cites “strong consumer relationships, and performing because of the single point of contact for a few of the company’s Indian customers” as one of the reasons why Baker McKenzie’s India head Ashok Lalwani makes it onto the International A-List.
“Ashok has been doing India work for close to 30 years, greater recently as head of the global India practice of Baker McKenzie for over 10 years, and he has a strong popularity,” says Chudasama.
