Establishment of Dispute Resolution Committee by Ministry of New and Renewable Energy
A few months ago, on July 1, 2019 the Government of Andhra Pradesh (“GoAP”) caused massive alarm in the power and solar energy sector, by issuing an order for the constitution of a High Level Negotiation Committee whose primary task was to review, negotiate, and reduce the energy purchase prices in the signed Power Purchase Agreements (“PPAs”). The reasoning provided by the GoAP was that power distribution companies (“DISCOMs”) were facing massive losses because of the high tariff rates charged...
THE FUTURE OF INSTITUTIONAL ARBITRATION IN INDIA
India is not new to the world of arbitration. Ancient India recognized arbitration as an efficacious means of dispute resolution. Disputes were often decided with the intervention of Kulas (members concerned with the social matters of a community), Shrenis (people engaged in the same business or profession) and Pugas (local courts), which were collectively called Panchayats.This form of arbitration of disputes was substantially institutional in nature and was quite similar...
Tribute: Arun Jaitley touched everyone's life in his own special way - Article authored by Mr. Atul Sharma, Managing Partner, Link Legal India Law Services
To Sir with love: A Tribute to Arun Jaitley by a former junior - Article authored by Mr. Abhishek Sharma, Partner at Link Legal India Law Services
We are delighted to share that our two Corporate Partners, Mr. Manish Gupta and Mr. K Venkat Satyanarayana are ranked amongst the Top 100 Corporate Dealmakers of the Year published in The InLegal 50 by Legally India Annual Review 2019.
Mr. Manish Gupta Ranked #5 led on 13 deals worth $1,069 million and Mr. K Venkat Satyanarayana Ranked #47 led on 4 deals worth $537 million. Few of the marquee deals led by the Firm as recognised by The InLegal 50 includes advising GMR Airports Ltd. on the huge $1.16 billion stake sale to a trio of investors, advising Ramky Enviro Engineers Ltd. on $530 million M&A and advising Den Networks on acquisition by Reliance Jio for $311 million.