Panag & Babu’s Post

Legal Industry in India: Reflection on 2024 and Outlook for 2025 📜 Explore key insights into the evolving legal landscape, challenges, and opportunities shaping the future of India’s legal sector. A must-read for legal professionals and policymakers by Akshat Khetan, Founder - AU Corporate Advisory and Legal Services. Read here: https://lnkd.in/dUVPa-2a #AUCL #LegalIndustry #India2024 #LegalInsights

Meet Divyam Agarwal, the dynamic founder of Agarwal Law Chamber, recognized as one of BW Legal's '30 under 30' Lawyers and Legal Influencers in 2023. Divyam's legal journey is nothing short of inspiring, characterized by a relentless pursuit of excellence in civil litigation, dispute resolution, and corporate advisory. With a dual qualification as an Indian Advocate and English Solicitor, Divyam Agarwal specializes in international commercial arbitration, representing a wide array of corporates and financial institutions in complex disputes. His expertise extends to ad-hoc and institutional arbitrations across various sectors, including construction, energy, real estate, infrastructure, and more. Divyam's prowess in the legal arena is further highlighted by his representation in significant litigations before the Supreme Court of India and various High Courts. His dedication to his craft and proactive approach have solidified his reputation as a legal expert of choice in the Indian legal sphere. Beyond his legal practice, Divyam is actively involved in several legal associations, including the Solicitors Regulation Authority (UK), Supreme Court Advocate on Record Association, and Bar Council of Delhi, among others. He has also contributed significantly to legal publications, sharing his insights on important legal topics. In a recent interview, Divyam shared valuable insights into his journey, emphasizing the importance of setting goals, maintaining a routine, and continuous learning. He highlighted his transformative experience at the The London School of Economics and Political Science (LSE) and his subsequent growth at J. Sagar Associates (JSA). Divyam's ability to adapt to new challenges and embrace technology has been instrumental in his success. Divyam's leadership in the legal industry is marked by his strategic approach, leveraging technology and embracing online proceedings. His advocacy for diversity and inclusion underscores his belief in equality and meritocracy. As he continues to make waves in the legal field, Divyam serves as an inspiration for aspiring lawyers, demonstrating that dedication, hard work, and a thirst for knowledge are key to achieving success in the legal profession. #LegalExpert #BWLegal #InternationalArbitration #CivilLitigation #CorporateAdvisory #SupremeCourt #HighCourts #LegalInnovation #DiversityandInclusion #LegalTech #CareerGrowth

Big changes are on the horizon for India’s legal sector! The Bar Council of India’s recent decision to open the market to foreign law firms is creating a buzz and strategic shifts among global legal players. While the journey is just beginning, the opportunities for growth and collaboration are vast. Ashish Raivadera and Naveen Tuli share their thoughts on what's to come next. https://bit.ly/3XbnRk9 #mlaglobal #legalcareers #lawyers #jobmarket

The legal landscape surrounding corporate disputes in India underwent a significant transformation with the enactment of the Companies Act, 2013 ("Act"). Section 430 of the Act delineates the exclusive jurisdiction of the National Company Law Tribunal ("NCLT") and the National Company Law Appellate Tribunal ("NCLAT"), prohibiting civil courts from adjudicating matters falling within the purview of these tribunals. ... Authors: Ashima Obhan and Manisha Khalkho #india #indianlaws #corporatelaw #CompaniesAct #Shareholder #Judgement #CalcuttaHighCourt https://lnkd.in/gspbz5B2

Glad to have contributed to this, with Sanket Jain. Please find some time to go through these insightful articles and the very interesting comments of Justice Sikri in relation to these articles. Pioneer Legal

Dear LinkedIn Connections, As a contract specialist immersed in the intricacies of Indian business law, I often encounter the nuanced distinctions between void and voidable contracts under the Indian Contract Act, 1872. These distinctions are not merely legal technicalities but pivotal factors that can significantly impact business operations and legal liabilities. Let's explore together the profound implications and strategic challenges associated with void and voidable contracts in the Indian business landscape: ➡️ Under the Indian Contract Act, 1872, a void contract is one that lacks enforceability from its inception. This can occur due to reasons such as agreements made under a mistake of fact, agreements with unlawful considerations, or contracts involving persons of unsound mind. The legal implication here is straightforward: a void contract cannot be enforced by law, and any transactions arising from it are deemed null and void. ➡️ On the other hand, voidable contracts are initially valid but can be challenged by the aggrieved party under specific circumstances. These include instances of coercion, undue influence, fraud, misrepresentation, or agreements made with parties lacking the capacity to contract (such as minors). The legal challenge lies in determining whether these conditions are met and navigating the process of declaring the contract voidable. Understanding the implications of void and voidable contracts is crucial for businesses operating in India. Void contracts provide clarity in terms of their non-enforceability, thereby protecting parties from transactions entered under erroneous or illegal conditions. In contrast, voidable contracts require careful scrutiny as they remain valid until successfully challenged, posing potential risks if not identified and addressed promptly. Businesses often face challenges in identifying voidable contracts and mitigating associated risks. Factors such as incomplete disclosures, ambiguous terms, or disputes over contractual capacity can complicate legal proceedings. Proactively addressing these challenges through thorough due diligence, clear contractual terms, and seeking legal advice when necessary can safeguard against potential litigation and financial repercussions. In today's dynamic business environment, the ability to navigate the complexities of contract law is a strategic advantage. By prioritizing compliance, transparency, and ethical conduct, businesses can foster trust and credibility in their contractual engagements while safeguarding their interests. As we continue to evolve in our professional journeys, let's empower ourselves with knowledge of contract law intricacies. By staying informed and proactive, we contribute to a robust business ecosystem built on integrity and legal certainty. #ContractLaw #LegalInsights #BusinessEthics #IndiaBusiness #LinkedInLearning

An article titled, 'One law firm in a year: Why're foreign legal groups shying away from India?' quoting Firm's Founder & Managing Partner, Mohit Saraf published by Business Standard. https://lnkd.in/dTNzN96t #foreignlawfirm #BCI #barcouncilofindia #sarafandpartners #legalexcellence #businessstandard #ALB #indianlawfirm #bestlawfirm #successfullawfirm #chambersandpartners #law #legal #toptierlawfirm #fastestgrowinglawfirm #FICCI #CII #IBA #fullserviceLawFirm #bwlegal #bestlawyers #bestIndianlawyers #iflr1000 #asialaw #barandbench #legallyindia #legalprofessional #benchmark #whoswholegal #legalexperts #investindia #innovationlaw

The India Business Law Journal has named Dentons Rodyk as one of the top foreign law firms in the world for India-related matters! This acknowledgement follows IBLJ’s 18th annual survey to determine the foremost foreign law firms for India work. The findings are based on extensive consultations with India-focused corporate counsel worldwide and partners at Indian law firms. These were further reinforced by submissions received from a significant number of international law firms, as well as interviews and research conducted by our editorial team.   Congratulations to the co-heads of our India practice, Ajinderpal Singh, Kirindeep Singh, Ray Chiang, and Sunil Rai! View the full list here: https://lnkd.in/e_jwuyec #Dentons #DentonsRodyk #SingaporeGlobalLawFirm #IBLJ #India #Legal

Thank you Lex Witness - India's 1st Magazine on Legal & Corporate Affairs for this opportunity! So happy to be part of this esteemed panel of the Mumbai Edition of the Grand Masters 2024 Summit. We discussed navigating the complex and evolving regulatory landscape in India while balancing public interests and ease of doing business. I had the opportunity to provide my views on the expected implications of the upcoming Digital Personal Data Protection Act, 2023 and the intersection of compliances with cybersecurity regulations in India. #regulatorycompliances #dataprotection #cybersecurity