AIJA - International Association of Young Lawyers is the only global association devoted to lawyers and in-house counsel aged 45 and under. Since 1962 AIJA provides outstanding international opportunities for young lawyers to network, learn and develop. Our Senior Associate Anisa Bawari shall be attending the 𝗔𝗜𝗝𝗔 𝗠𝗮𝗱𝗿𝗶𝗱 𝟲𝟮𝗻𝗱 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗬𝗼𝘂𝗻𝗴 𝗟𝗮𝘄𝘆𝗲𝗿’𝘀 𝗖𝗼𝗻𝗴𝗿𝗲𝘀𝘀 𝟮𝟬𝟮𝟰 on 03-07 September 2024 at Madrid, Spain. The conference is an opportunity for young lawyers from across the globe to attend seminars, panel discussions and industry events, share ideas and connect with each other. The theme of this year’s congress is “𝘛𝘩𝘪𝘯𝘬𝘪𝘯𝘨 𝘎𝘭𝘰𝘣𝘢𝘭𝘭𝘺 – 𝘛𝘩𝘦 𝘙𝘰𝘭𝘦 𝘰𝘧 𝘐𝘯𝘵𝘦𝘳𝘯𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘓𝘢𝘸𝘺𝘦𝘳𝘴 𝘪𝘯 𝘢 𝘞𝘰𝘳𝘭𝘥 𝘚𝘦𝘢𝘳𝘤𝘩𝘪𝘯𝘨 𝘧𝘰𝘳 𝘈𝘯𝘴𝘸𝘦𝘳𝘴.” #AIJA #AIJACongress2024 #AIJAMadrid #AIJAEvents #ThoughtLeadership #Lawyers #Lawfirm #KhaitanLegalAssociates
Khaitan Legal Associates
Legal Services
Mumbai, Maharashtra 20,658 followers
Celebrating Partnerships
About us
Khaitan Legal Associates is a full service independent Indian law firm with offices in Mumbai, a presence in New Delhi and correspondent offices across various cities in India. Khaitan Legal Associates also has a unique advantage of having a fully staffed office in London in order to service the varied requirements of their clients’ across the globe. Equipped with international vision, reach, scope and capability, Khaitan Legal Associates is committed to the highest principles of integrity, legal expertise, excellence, client care and focus. We pride ourselves in providing solution driven legal services to our clients by addressing their varied Indian law requirements. Founded in 2014 by Senior Partner Sakate Khaitan, the team at Khaitan Legal Associates represents a dynamic and diverse set of individual practitioners who have an abundance of experience in the Indian legal industry that spans across several decades. Individually and collectively, several members of the firm have been highly acclaimed for their contributions and expertise in their respective specialisms by clients and peers alike. Our mission at Khaitan Legal Associates is to effectively manage the legal risks of our clients in a manner that is practicable, workable and cost effective and one that enables our clients to extract optimum value from a business initiative. The team at Khaitan Legal Associates has worked on an eclectic range of legal issues across varied sectors including international corporate cross-border transactions, insurance, infrastructure, corporate/secretarial and other compliances, project finance, real estate, litigation and dispute resolution, private client and employment matters.
- Website
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http://www.khaitanlegal.com
External link for Khaitan Legal Associates
- Industry
- Legal Services
- Company size
- 11-50 employees
- Headquarters
- Mumbai, Maharashtra
- Type
- Privately Held
- Founded
- 2014
- Specialties
- Indian Advocates, Employment Law, Indian Legal Services, Corporate / Commercial Law, Litigation and Dispute Resolution, Mergers & Acquisitions, Real Estate, Insurance, Private Client, Private Equity and Funds, Insolvency and Bankruptcy, Technology/Media/Telecom, Start-Ups, Education, Hospitality, Banking and Project Finance, Tax, and Restructuring
Locations
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Primary
122, 12th Floor, Maker Chamber IV
Backbay Reclamation, Nariman Point
Mumbai, Maharashtra 400021, IN
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83 Baker Street
London, England W1U 6AG, GB
Employees at Khaitan Legal Associates
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Sakate Khaitan
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Nandini Roy
Agile Human Resource Partner to Business, helping organizations to reach and improve its people goals with significant credentials across diverse…
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Varsha Jalan
Partner| Khaitan Legal | Insurance and Insurtech Expert
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Vivek Bajoria
Partner @ Khaitan Legal | Ex Founder | Angel Investor | Northwestern Alum
Updates
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We are delighted to share that our Partner, Smiti Tewari has been recognised as one of the 𝗦𝘂𝗽𝗲𝗿 𝟱𝟬 𝗟𝗮𝘄𝘆𝗲𝗿𝘀 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮 by Asian Legal Business (ALB) for the year 2024. ALB has recognized outstanding private practitioners in India for their exceptional client service, wherein ALB directly gathered client recommendations from respective clients. Heartfelt congratulations to Smiti for this remarkable accomplishment. Read more here: https://lnkd.in/gQ6jQMJf #Recognitions #ALB #DisputeResolution #Litigation #Super50 #India #Lawyers #Lawfirm #KLA #SakateKhaitan
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Khaitan Legal Associates recently advised Alteria Capital on its INR 200 million investment in Freshbus. Fresh Bus is in the business of operating electric buses. The deal team comprised of Partner Varsha Jalan, Senior Associate Anisa Bawari and Associate Weindrila Sen. #KLA #Deals #SakateKhaitan #AlteriaCapital #InformationTechnology #FinancialInvestment #TopLawFirms
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The Securities and Exchange Board of India (SEBI) aims to significantly cut the timeline for rights issues from over four months to less than a month, garnering praise from market experts but also raising concerns. The plan to remove the requirement of appointing an investment bank has sparked worries about inadequate and low-quality disclosures and possible conflicts of interest. Our Partner, Sangeeta Jhunjhunwala, expressed her perspective to Business Standard, highlighting that although these measures might expedite the process timeline, they could potentially undermine the quality of disclosures and increase the risk of providing misleading information. Read the full article here https://lnkd.in/gtTzJaBx #KLA #SakateKhaitan #DisclosureQuality #SEBI #RightsIssue #CorporateGovernance #MarketRegulation #InvestmentRisks #LegalInsights
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Our Partner Shruti Dvivedi Sodhi recently attended the Winpe 𝘀𝗵𝗲𝘀𝗵𝗶𝗻𝗲𝘀 event held at The Grand, New Delhi. The topic of the evening was "𝘕𝘢𝘷𝘪𝘨𝘢𝘵𝘪𝘯𝘨 𝘵𝘩𝘦 𝘐𝘯𝘷𝘦𝘴𝘵𝘰𝘳- 𝘍𝘰𝘶𝘯𝘥𝘦𝘳 𝘙𝘦𝘭𝘢𝘵𝘪𝘰𝘯𝘴𝘩𝘪𝘱." This insightful evening brought together leading voices in the private equity and venture capital (PEVC) sectors, providing a platform for women to engage and share their experiences. The evening's highlight was a dynamic panel discussion with Padmaja Ruparel, Co-founder of the IAN Group (formerly Indian Angel Network), Neha Kant, Founder & Director of Clovia, and Alka Goel, Founder of Alkemi Growth Capital. The panelists shared their experiences and insights on the intricate dynamics of investor-founder relationships in a casual storytelling manner. The discussion was moderated by Nupur Garg, Founder of Winpe. Winpe is a pioneering not-for-profit platform established with the objective of enhancing gender diversity within investing & entrepreneurship, increasing the participation of women as investors, capital allocators, and entrepreneurs. #sheshines #Winpe #PEVC #Lawyers #Lawfirm #Events #ThoughtLeadership #KLA #SakateKhaitan
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Khaitan Legal Associates recently advised YourNest Venture Capital on its seed investment in Ethereal Exploration Guild Private Limited (Ethereal). EtherealX is engaged in designing, developing and manufacturing advanced rockets and spacecraft. The Khaitan Legal Associates team comprised Partner Shruti Dvivedi Sodhi and Associate Weindrila Sen. For more information: https://lnkd.in/dV8nSG3W #Deals #SakateKhaitan #FinancialInvestment #GeneralCorporate #StartUps #LawFirms
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Regular practitioners in direct tax express concerns about India's faceless tax assessments, introduced in 2020 to promote speed and transparency by eliminating direct interactions between tax authorities and assessees. Four years later, tax lawyers argue that this system has made communication more challenging, with a noticeable increase in cases reaching the courts. They find it difficult to effectively communicate complex tax matters solely through audio, as the lack of visual cues from the adjudicating officers hampers their ability to gauge the understanding and reception of their arguments. Abbas Jaorawala, our head of direct tax, emphasizes that without seeing the adjudicating officer during hearings, representatives must explain every detail meticulously, as they cannot rely on non-verbal feedback to gauge the authority's response to their submissions in this article published by LiveMint. Read the full update here: https://lnkd.in/guFU4nYa #KLA #SakateKhaitan #FacelessTaxAssessment #TaxLaw #DirectTax #VirtualHearings #TaxTransparency #LegalChallenges
Tax lawyers stare at robotic faceless assessments
livemint.com
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𝗖𝗵𝗮𝘀𝗶𝗻𝗴 𝗮 𝗠𝗼𝘃𝗶𝗻𝗴 𝗧𝗮𝗿𝗴𝗲𝘁: 𝗘𝗮𝗿𝘁𝗵 𝗢𝘃𝗲𝗿𝘀𝗵𝗼𝗼𝘁 𝗗𝗮𝘆'𝘀 𝗥𝗲𝗹𝗲𝗻𝘁𝗹𝗲𝘀𝘀 𝗠𝗮𝗿𝗰𝗵 𝗧𝗼𝘄𝗮𝗿𝗱𝘀 𝘁𝗵𝗲 𝗕𝗲𝗴𝗶𝗻𝗻𝗶𝗻𝗴 𝗼𝗳 𝘁𝗵𝗲 𝗬𝗲𝗮𝗿 Every year, Earth Overshoot Day marks the date when humanity’s demand for ecological resources and services exceeds what the Earth can regenerate in that particular year. In 2024, this significant day falls on August 1st. This means that from August 1st onwards, we are essentially living on borrowed time, depleting resources that should be preserved for future generations. According to the Global Footprint Network, humanity is using up natural resources, 1.7 times faster than the planet can regenerate – the equivalent of using the resources of 1.7 earths. This Day is calculated by dividing the planet’s biocapacity by humanity’s Ecological Footprint and multiplying that by 365 days (or 366 days in a leap year like 2024). The result is a stark reminder of the unsustainable path we are on. The first recorded Earth Overshoot Day was on December 19, 1987. Since then, the date has crept earlier each year, highlighting the increasing strain on our planet. The earlier Earth Overshoot Day falls, the greater the ecological deficit, leading to deforestation, soil erosion, and loss of biodiversity. Essentially, we are using up our planet’s natural capital, which is akin to spending more money than we earn and dipping into savings that should be preserved for future needs. The goal is to move the date of Earth Overshoot Day further into the year, ideally to December 31 or beyond: 𝟭) 𝗥𝗲𝗱𝘂𝗰𝗶𝗻𝗴 𝗖𝗮𝗿𝗯𝗼𝗻 𝗙𝗼𝗼𝘁𝗽𝗿𝗶𝗻𝘁: Transitioning to renewable energy sources, improving energy efficiency and adopting sustainable transportation methods. 𝟮) 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗙𝗼𝗼𝗱 𝗦𝘆𝘀𝘁𝗲𝗺𝘀: Reducing food waste, adopting plant-based diets and supporting sustainable farming practices can help lower the ecological footprint. 𝟯) 𝗖𝗼𝗻𝘀𝗲𝗿𝘃𝗶𝗻𝗴 𝗕𝗶𝗼𝗱𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆: Protecting natural habitats, restoring degraded ecosystems and promoting biodiversity can enhance the planet’s biocapacity. 𝟰) 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝘁 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲 𝗨𝘀𝗲: Embracing circular economy principles, such as recycling, reusing and reducing waste. Communities around the world are taking initiatives to #MoveTheDate. Green Policies, Climate Financing, Green Infrastructure, Sustainability Curriculum and Carbon Neutrality all contribute to positive change. Technological solutions, financial incentives for compliance, practicing minimalism, and conscious investing, amongst others are driving this positive change. By working together, step-by-step, we can create a sustainable future where Earth Overshoot Day becomes a thing of the past. Sangeeta Jhunjhunwala | Sanjeev Singhal | Ayush Agrawal | Pritam Kumar Paul | Purva Gandhi #ESG #EarthOvershootDay #ClimateChange #ThoughtLeadership #Lawyers #LawFirms #KLA #SakateKhaitan
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The recent reduction of the long-term capital gains tax to 12.5% in the latest Budget is anticipated to significantly boost the start-up ecosystem. By lowering the tax burden, this change is expected to attract more investment from both domestic and global venture capitalists into new-age businesses. Finance Minister Nirmala Sitharaman highlighted this in her Budget speech, emphasizing the potential positive impact on the economy. Our Senior Director and Head of Direct Tax, Abbas Jaorawala, remarks that start-up shareholders often acquire shares in installments over multiple fiscal year. It is now feasible to compute long-term capital gains for both resident and non-resident sellers without the need to apply the cost inflation index to each tranche on a year-by-year basis, as discussed in an article published by Outlook Business. Read the full update here: https://lnkd.in/g8aPhy5F #KLA #SakateKhaitan #Startups #CapitalGainsTax #Investment #VentureCapital #Finance #TaxPolicy #EconomicGrowth #Innovation #Budget2024 #DirectTax #BusinessGrowth #GlobalInvestment
Will Long-Term Capital Gains Tax Cuts in Budget Boost the Start-Up Ecosystem?
business.outlookindia.com
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We are thrilled to introduce 𝗞𝗟𝗔 𝗚𝗿𝗲𝗲𝗻𝗟𝗶𝗻𝗲, our first-ever Environmental, Social, and Governance (𝗘𝗦𝗚) Newsletter for July 2024. Discover our detailed analysis of recent ESG updates from India and around the globe, along with insights on climate financing from IDBI Capital Markets & Securities Ltd. We invite you to join us on this transformative journey as we explore the latest developments shaping a sustainable future. Sangeeta Jhunjhunwala | Sanjeev Singhal | Jitendra Agarwal | Ashish Pattjoshi | Purva Gandhi | Pritam Kumar Paul | Ayush Agrawal #KLAGreenLine #ESG #Newsletter #ClimateChange #ThoughtLeadership #Lawyers #LawFirm #KLA #SakateKhaitan