IndiaLaw LLP

The constraints of expatriate life make it challenging for a lot of Non-residential Indians (NRIs) to deal with situations, which are beyond their reach and control. One such situation is of course the handling of legal proceedings.  The legal ecosystem in India can discourage even those living in the country, considering the pendency and the hassles-- the delays, the appearances, the bureaucracy, the hearings, the adjournments, and the corruption. All this along with the constraints of non-residents having to travel back and forth to India and limitations of resources or time requires special legal assistance especially crafted for NRIs. And more so because legal cases involving NRIs may require engagement with multiple areas of law and dealing with the Indian authorities. For instance, they need advice on a hoard of subjects, ranging from investments, to regulatory and compliance, real estate acquisition and documentation, and dispute resolution.  NRIs should be able...

Indian Banking sector comprises of 27 public sector banks, 21 private sector banks, 49 foreign banks and 56 regional rural banks. Indian Banking sector has registered strong growth in the past decade. Demand for loans has grown for both corporate & retail, particularly in services, real estate, consumer durables & agriculture allied sectors.  Government efforts to promote banking technology and expansion in rural areas has significantly improved the financial inclusion in the past few years. Sectoral level employment data (2017) suggests that Banks are providing huge employment opportunities in the country, nearly around 21% of total employment and is among the top 5 best growing sectors of India. With this ecosystem, while businesses can flourish, it is still important for them to focus on running a profitable business, instead of getting entangled in the heavy documenting, auditing and reviewing paperwork or procedure, as any distraction could lead to a loss of cror...

Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India’s overall development and enjoys intense focus from Government for initiating policies that would ensure time-bound creation of world class infrastructure in the country. In a market with ever-changing policies, the management of risk and creation of value to ensure the bank-ability of projects requires not only excellent contract drafting skills but also a robust understanding of the law and regulations affecting a project, together with deep industry knowledge.  Practitioners in this area should be adept at handling a wide portfolio of projects and tasks, including Public private partnership projects; concession agreements; engineering, procurement and construction contracts; construction contracts; and operations and management contracts. Further, these practitioners should be equipped to represent developers & project owners, a...

Environmental and regulatory compliance issues are now part of everyday life for most businesses, even if they are not engaged in evidently hazardous activities. In such an environment of constantly changing climatic conditions, regulatory demands continue to widen, in response to increasing international environmental, human rights and trade concerns. Navigating through this mesh of compliance, national and international, requires guidance from experts with a global outlook and understanding of legal principles. This is where experienced law firms step in.  A law firm hired for such guidance and support should have an understanding of the balance between development and the sustainable impact of such development as well. Only with such sensitivity and grasp can a law firm do justice to the myriad of regulations and compliance that exist in the sphere.  The firm should be capable of engaging in all aspects relating to environmental complianc...

India has finally brought in an effective Mechanism for initiating insolvency proceedings against the Financially defaulting Companies by way of The Insolvency and Bankruptcy Code, 2016. The IBC offers a standardized, comprehensive financial condition legislation encompassing all corporations, partnerships and Sole Proprietorship. The Code provides that where a corporate debtor has defaulted in paying a debt that has become due and payable but not repaid, the corporate insolvency resolution process may be initiated in the manner as provided in this Chapter in respect of such corporate debtor by a financial creditor, an operational creditor or the corporate debtor itself. Naturally, the processes are complicated and the stakes are high. This increases the necessity of expertise being sought from firms or individuals with requisite experience to handle such cases and do what is best for their clients. Not everybody can advice and resolve matters involving multiple stakeholders with...

The news was recently abuzz with Hyderabad being recognised as one of the top 10 fastest growing cities in the world between 2019-2035. It was also cited as one of the strongest performers, according to a global economic research report. Hyderabad also recently replaced Mumbai to join the top three cities when it comes to attracting talent. Club this with the fact that the legal industry was in fact featured among the top five fastest-growing industries in the second half of 2018. No wonder that quite a few law firms are eyeing the city for establishing their offices. However, any such ambition will have to be clubbed with a new approach to the city. This is especially in view of the fact that several tier-1 law firms have in the past tried to exploit the city’s market but have failed, leading to shutting of their offices. In contrast, the city has also witnessed thriving practices, with firms opening not one but two offices in Hyderabad. What are the second category of firms doing ...

Gujarat’s pro-business model of governance has often been appreciated and even attempted to be replicated throughout the country. The evolution of Gujarat as a vibrant economy has its genesis in the growth of the industrial sector in the state. Owing to this, the state's economy has sustained a growth momentum of double digit per year.  However, within Gujarat, it is Ahmedabad which is often credited with being the unstoppable growth engine and the economic powerhouse of the state. The city has in fact been recognised for its growth and proactiveness numerous times by institutes all across the world. For instance, it ranks second in the top 20 global cities, which are seeing rapid growth in venture capital deals. In such a scenario, it’s a wonder then that law firms have not begun establishing their presence with any prominence in the city. Those law firms which have recognized its potential still only have their back offices in Ahmedabad, rendering th...