We are pleased to inform that the Firm’s Partners, Piyush Mishra and RAJAN RAJ, were invited on 22nd January 2022, to address a session on “Pre-Pack Insolvency, SARFAESI, Real Estate, Position of Homebuyer’s vis-a-vis IBC” as a part of a Three-Day Online Certificate Course on “Changing Paradigms of Insolvency and Bankruptcy Code, 2016” conducted under the aegis of National Law University Jodhpur – Insolvency and Bankruptcy Board of India. They were assisted by their team consisting of Subhash Kapur, Hriday Kochhar and Shikha Thakur.
The session was well attended by about 400 participants comprising of students, in-house and external professionals.
“I have had the pleasure to work with a Firm and a Team which value work culture, work environment and mentorship the most.
Like every other law student, I was sceptical about how this Internship would go and whether my work would be “Good enough” for the team but working at L&L Partners has been the most enriching experience of my law school journey. I was given projects on consistent basis and was guided since day one. A big thankyou to my mentor Mr. Subhash Bhutoria Sir for teaching me that everything is achievable with sheer hardwork and to Ms. Trushita Mehra & Mr. Parag Singhalas well for constantly being there to solve my queries and sharing your immense knowledge of the subject.
L&L Partners– Banking & Finance Partner – Girish Rawat conducted a training session as faculty for the 2nd batch of ‘Executive Development Program’ for Insolvency Professionals on 21st January 2022. It was organized by Indian Institute of Insolvency Professional of ICAI on the topic ‘Mastering Legal Skills, Pleadings, and court processes under IBC’.
As a part of L&L Partners’ initiative to share updates on the regulatory and policy developments in the field of Telecommunications, Media & Technology, please see our quarterly newsletter. It covers key updates for the month of October, November & December 2021, relating to telecommunications, the internet of things, fintech, data protection, health tech, blockchain, e-commerce, media broadcasting & entertainment, and drones.
Nearly 2 years since the Personal Data Protection Bill, 2019 was first introduced in the Lok Sabha and subsequently referred to the Joint Parliamentary Committee (JPC) for its examination and recommendations, the final report of the JPC on the PDP Bill, 2019 was tabled in both houses of the Indian Parliament on December 16, 2021 (JPC Report).
Overall, upon enactment, the Data Protection Act, will have a significant impact on the functioning and operations of entities located in India or other jurisdictions that handle the personal data of individuals in India.
And, in view of the same L&L Partners’ Asim Abbas, Avisha Gupta, Sourav Padhi and John Simte have prepared a Summary Note elucidating some of the key recommendations set out in the JPC Report.
We are pleased to inform that the Firm has recently secured a significant victory before the Hon’ble National Company Law Appellate Tribunal (“NCLAT”) in multiple appeals challenging the order approving resolution plan of ArcelorMittal India Pvt. Ltd. (“AMIPL”) for Odisha Slurry Pipeline Infrastructure Limited (“OSPIL”). Previously, we had successfully defended AMIPL’s Resolution Plan for OSPIL before the National Company Law Tribunal, Cuttack.
The litigation team was led by Mr. Sudhir Sharma, Senior Partner and assisted by Naman Bagga, Managing Associate. The client is also very appreciative of the team’s effort in successfully defending the resolution plan before both the NCLAT as well as NCLT.
L&L Partners’ Dispute Resolution group Partner Nakul Sachdeva conducted a session on ‘Contract Design and Designation’ as part of the Construction Arbitration Mentorship Programme 2022, organised by SimuLegum.
We are pleased to inform you that we have recently secured two successive victories before the Bombay High Court in criminal matters. In one of these matters, the Court granted a stay on criminal trial, while in the other one, stay on the investigation, which is very rarely granted, was given.
L&L Partners’ Asim Abbas and John Simte have co-authored an article titled ‘Health Data Under The Data Protection Bill, 2021 And Recommendations Of The Joint Parliamentary Committee On Data Protection’, published in Mondaq.
Our Firm’s Dispute Resolution Group Partner Designate Abhishek Ghai is scheduled to conduct a session on ‘Cociliation and its role in India’ on January 23, 2022 at 6pm, organised by Jus Corpus Law Journal.
“I am Avni Sharma (Fourth year student from National Law University Odisha). I interned at L&L Partners under the aegis of Mr. Subhash Bhutoria with his IPR Team for the month December 2021. In addition, I was placed under the able guidance of Ms. Trushita Mehra and Mr. Parag Singhal. This internship was one of the most informative training periods for me. The firm provided an opportunity to work on tasks which required application of cognitive abilities. I was lucky to have the guidance of such supportive mentors who helped me grow not only in terms of theoretical law but also with the practical aspects. Mr. Bhutoria let me assist him with various tasks directly which helped me understand various intricate areas of IP law. We were also given the rare opportunity to interact with none other than Mr. Rajiv K Luthra which was filled with numerous things to take away. One line that has stayed with me goes like, “You must know that you don’t know. Only then you’ll know.” Conclusively, I am grateful for this opportunity and I am glad to have been associated with the firm.”
L&L Partners acted as the sole legal counsel to the Company and BRLM and was involved in conducting diligence and drafting of the offer documents, standard certificates, agreements and also advised the Company and BRLM on various aspects under Indian law .
L&L Partners – Capital Markets team advised Venus Pipes & Tubes Limited and SMC Capitals Limited in the filing of the draft offer document in relation to the proposed IPO of the equity shares of the Company. The issue comprises a fresh issue of 50,74,100 equity shares of the company, aggregating up to Rs 175 crores.
The transaction team was led by Partner – Geeta Dhania, Partner Designate – Prashaant Vikram Rajput ably assisted by Associates Tripti Pandey, Apurva Singh,Rohit Patni,Sakshi Mandal and Ridhi Jain.
We are glad to have Mr. Nakul Sachdeva, as one of our esteemed speakers for the Construction Arbitration Mentorship Program 2022.
He is the Partner at L&L Partners. He is an experienced Dispute Resolution advocate with a demonstrated history of working in the law practice industry. He is skilled in Legal Advice, Corporate Law, Commercial Litigation, Civil Litigation, and Legal Research.
Mr. Sachdeva will be speaking on the 17th of January 2022.
Don’t miss this chance to get guidance and training from stalwarts like Mr. Nakul Sachdeva in an ever-growing area, which involves high-end commercial disputes!
Our Corporate Partner Harish Kumar and Managing Associate Itee Singhal were invited by The Institute of Company Secretaries of India (ICSI) on 8th January 2022, to address a session on the topic “Corporate Restructuring- Formulation of Scheme of Arrangement” during a certification course on Corporate Restructuring for ICSI’s members. The session was well attended by various in-house and external professionals.
We are delighted to share that our Firm has been ranked #1 in terms of deal count and amongst leading Borrowers’ Legal Counsel and Banks’ Legal Counsel in the Debtwire Par: India Loans League Table Report 2021.
L&L Partners acted for and advised SWAMIH Fund in connection with issuance of non-convertible secured debentures aggregating up to INR 1.65 billion for part financing the cost of construction of a group housing project.
We are elated to announce that Tushar Behl, Advocate, Associate, Disputes Resolution at L&L Partners has joined with us as CHIEF STRATEGY ADVISOR of National Mediation Competition, 2022: Chapter 2 by LawInternships (The Online Law School) in association with JMVD Legal, Indore.
L&L Partners advised Indian Renewable Energy Development Agency Limited (IREDA) in connection with financial assistance of over INR 1 billion to Dinkar Technologies Private Limited, a wholly owned subsidiary of Adani Green Energy Limited.
L&L Partners advised ICICI Bank Limited and Axis Bank Limited, in connection with the financial assistance aggregating up to INR 9.85 Billion to Poondiankuppam – Sattanathpuram Section Private Limited, a subsidiary of Oriental Tollways Private Limited.
L&L Partners is delighted to share that 14 of our partners have been ranked in the prestigious Chambers & Partners Asia-Pacific 2022 guide.
Congratulations to all and many many more as we are #strongertogether
Our Firm’s Competition practice group Partner, Abdullah Hussain and Associate, Yuvnesh Sharma have published an article titled ‘Network effects and dominance: The evolving approach of the CCI’ in Volume VI, Issue 2 of the Indian Competition Law Review, National Law University, Jodhpur.
Our firm’s TMT practice group Partner,Asim Abbas, assisted by his team, gave an introductory presentation earlier today, to the members of Health-tech committee of Internet and Mobile Association of India (IAMAI), on a Consultation Paper released by National Health Authority of India, on Health Data Retention.
CII is organizing 8th ed. of #Banking and #Finance Summit w/ the theme ‘towards #AatmaNirbharBharat: A Stronger Banking & Financial Sector Powered by Tech scheduled from 0945 – 1430 hrs on Thursday 9 Dec 2021.
Link for Registration:
L&LPartners corporate practice group partner Neha Sinhaand associate Radhika Malpani have co-authored an article titled ‘Unified Framework by SEBI for Share-based Employee Benefits and Sweat Equity Shares: Understanding the Key Changes’, published in LegitEye.
Highlights from our conference on Dredging in India. The conference examined the recent trends and developments, highlight the experience of key players in the sector and identify unresolved challenges. We thank all our speaker for their insightful presentation and remarks.
Our firm’s projects, energy and infrastructure practice group partner Pallavi Bedi was invited to speak at India Infrastructure Publishing Private Limited‘s twelfth annual conference on “Dredging in India” held on November 25-26. Pallavi delivered a presentation on ‘Contract Management and Best Practices’.
L&L Partners advised the Carlyle Group, on setting up an integrated generic pharmaceuticals platform, known as Viyash Life Sciences Private Limited. L&L has also advised Carlyle on all its follow-on investments into Viyash over a period of time.
Mr. Asim Abbas, Partner, TMT Practice Group, on behalf of L&L Partners had contributed towards the preparation of the Internet and Mobile Association of India IAMAI – EY report on Impact Assessment of Non-Personal Data Governance Framework. This report was released on November 16, 2021, by Dr. Amar Patnaik, Member of Parliament, Rajya Sabha and a Member of the Joint Parliamentary Committee on PDP.
The Firm’s Banking and Finance team advised Virescent Renewable Energy Trust (the “InvIT”) in the private placement of up to 10,000 non-convertible debt securities aggregating up to Rs. 1000,00,00,000 (Rupees one thousand crores) across three, five and seven- year tranches (the “Issue”).
Our Firm’s Corporate Practice Group Partner Kanchan Sinha and Associate Muskan Agrawal have co-authored an article titled ‘Vishaka Guidelines, POSH Laws and the New Normal of Pandemic’, published in LegitEye.
L&L Partners has recently advised SCI Growth Investments III, also known as Sequoia, in the recent Series C round of investment in Twin Health Inc., a company engaged in the business of providing health monitoring services.
L&L Partners Founder and Managing Partner Rajiv K Luthra, Corporate Practice Group Partner Harish Kumar and Managing Associate Itee Singhal co-authored an article titled “An Insight into Indian Regulatory Framework vis-à-vis SPAC”, published in the 12th Confederation of Indian Industry (CII) Financial Markets Summit 2021 Compendium.
A prayer for good health, peace and fulfillment in every aspect of our lives.
All 4 offices of L&L Partners celebrated the ‘Festival of Lights’ with the auspicious Diwali Puja, with teams of lawyers and non-counsels coming together for the occasion.
Our Firm’s Corporate Practice Group Partner, Harish Kumar, has been invited to speak at a webinar organised by Bhartiya Vitta Salahkar Samiti, on the topic ‘Decoding Fund Raising’, which is scheduled take place on Friday, November 12, 2021 between 4 pm and 6 pm.
Our Competition Law practice group Partners – Gurdev Raj Bhatia, Abdullah Hussain, Kanika Chaudhary Nayar, Rudresh Singh and Kunal Mehra have put forth our monthly newsletter with the latest developments in the field of Competition Law, that occurred in the month of October, 2021.
L&L Partners is delighted to be associated with Confederation of Indian Industry (CII) “Legal Services Month” – an initiative which shall provide a platform for legal issues over a series of panel discussions through the month.
L&L Partners acted for Dr. Lal Path Labs in assisting the company in the acquisition of 100% of the equity share capital of Suburban Diagnostics (India) Private Limited. L&L team comprised of Bobby Chandhoke, Shonali Choudhry, Jay Parikh, Varun Kumar, Ayushi Toshniwal, Utkarsh Roy, Anirudh Singh, Subhash Bhutoria, Trushita Mehra, Abdullah Hussain, and Rudresh Singh.