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ADVOCACY

Accountability, fairness and transparency are the pillars of good governance and are drivers for our increased participation in regulatory committees and public policy initiatives.

Our deep, nuanced understanding of governance, coupled with the insistence on ethics and professionalism extends from corporate governance to public policy. Our experienced lawyers and specialist teams work with consultants, governments and international law firms to contribute to the evolving governance landscape in India. We regularly address conferences and seminars on and author articles advocating for policy change.

  • Member, Maharashtra’s Economic Advisory Council (2023)
  • Independent Director (2018-Present), Member of Audit & Risk Committee (2018-Present) and Member of Investment Committee (2019-Present), Ascendas Property Fund Trustee Pte. Ltd., Singapore 
  • Independent Non-Executive Director and Member of Human Resources & Remuneration Committee of the Board, China Light and Power Holdings Limited , Hong Kong (2015-Present) 
  • Deputy Chairman (2013-2021), Non-Executive Director (2006-2021), Chairman’s Committee Member (2015-2021), Risk Committee Member (2012-2021) and Nomination Committee Member (2019-2021), The Hong Kong & Shanghai Banking Corporation, Asia Pacific Board
  • Non-Executive Member of the Governing Board, International Council for Commercial Arbitration (ICCA) (2017-Present)
  • Member, CII National Council (2015-Present)
  • Special Invitee, Competition Law Review Committee set up by the Ministry of Corporate Affairs (2018)
  • Member, Committee on Corporate Governance formed by SEBI, under the chairmanship of Uday Kotak (2017)
  • Expert Committee Panel, Law Commission of India on ‘Amendment to the Arbitration and Conciliation Act, 1996’ (2014)
  • Vice President & Member, London Court of International Arbitration (LCIA) (2010-2013)
  • Member, World Bank Administrative Tribunal, Washington D.C. (2008-2013)
  • Member, Reserve Bank of India Committee on Comprehensive Financial Services for Small Businesses and Low–Income Households, chaired by Dr. Nachiket Mor (2013)
  • Member, Godrej Committee on Corporate Governance, set up by the Ministry of Corporate Affairs (2012)
  • Member, Raghuram Rajan Committee on Financial Sector Reforms, constituted by the Government of India (2007)

  • Member of the expert committee to propose creditor-led resolution approach under the Code, constituted by Insolvency & Bankruptcy Board of India (2023)
  • Steering Committee Member, ASSOCHAM 5th National Summit Asset Reconstruction Companies (2023)
  • Taskforce on Scaling Voluntary Carbon Markets, a private sector initiative working to scale an effective and efficient voluntary carbon credit market to help meet the goals of the Paris Agreement (2021)
  • Insolvency Law Amendment Committee, constituted by the Ministry of Corporate Affairs, to recommend amendments to the IBC (2019-Present)
  • Task Force on the Development of Secondary Market for Corporate Loans, set up by the Reserve Bank of India (2019-Present)
  • International Insolvency Institute, a non–profit, limited membership organisation, set up to promote international cooperation and coordination in the insolvency field (2019-Present) 
  • Technical Co–Chair, Main Organising Committee of INSOL International (2019)
  • Dr. T. K. Viswanathan Committee on Bankruptcy Law Reforms, constituted by the Ministry of Finance, Government of India, to draft the Insolvency and Bankruptcy Code, 2016  (2015)
  • Financial Sector Legislative Reforms Committee, SEBI Advisory Group (2011)
  • U.K. Sinha Committee – Working Group on Foreign Investment in India (2010)
  • New York State Bar Association (1985)

  • Chairman, the Confederation of Indian Industry (CII) Task Force on Judicial Reforms (2021-2022, 2020-2021 and 2018-2019)
  • Member, The Study Group constituted for the research project on ‘Classification of Errors: An analytical study based on the decisions taken in disciplinary cases’ under the aegis of the Research Committee of the Institute of Chartered Accountants of India (ICAI) (2020)
  • Member, Committee constituted by the Ministry of Corporate Affairs, Government of  India, to examine the comments received on “Consultation Paper to examine the existing provisions of law and make suitable amendments therein to enhance audit independence and accountability” (2020)
  • Member, High Level Committee, constituted by the Ministry of Corporate Affairs, to prepare the investigation manual for the serious fraud investigation office (2020)
  • Member, Confederation of Indian Industry (CII) Economic Growth and Investments Council (2012-Present)
  • Member, Board of Governors of the Indian Institute of Corporate Affairs (IICA), nominated by the Ministry of Corporate Affairs, Government of India (2017-Present)
  • Member, Appellate Panel, formed by the Institute of Insolvency Professionals of ICAI (IIIPI), set up to address disciplinary issues pertaining to insolvency professionals (2017-Present)
  • Member, Company Law Committee (CLC) constituted by the Government of India, to examine and make recommendations to the Government on various provisions and issues pertaining to implementation of the Companies Act, 2013 and the Limited Liability Partnership Act, 2008 (2019) 
  • Member, 2nd Company Law Committee (CLC), set up by the MCA to suggest amendments to the Companies Act, 2013, to facilitate ease of doing business in India (2019)
  • Member, Committee to review the offences under the Companies Act, 2013, constituted by the Ministry of Corporate Affairs, Government of India (2018)
  • Member, Committee to simplify the provisions of the Income Tax Act, 1961, constituted by the Ministry of Finance, Government of India (2015)

  • Member, SEBI committees / working groups for the review of regulations
    relating to mutual funds and foreign portfolio investors (2018-2019)
  • Member, Investment Funds Committee, International Bar Association (2014-2018)
  • Member, Limited Partners + Manage in India Council, Indian Private Equity & Venture Capital Association (IVCA) (2018-Present)
  • Invitee, SEBI Working Group on redrafting the SEBI (Foreign Portfolio Investors) Regulations, 2014, under the Chairmanship of Shri. Harun R. Khan (2018-Present)
  • Invitee, SEBI Working Group to reconcile the SEBI (Mutual Funds) Regulations, 1996 with the Companies Act, 2013 and the Insolvency and the Bankruptcy Code, 2016 (2018-Present)

  • Member of Working Group to propose the best practices for Insolvency Professional Entities registered as Insolvency Professionals, constituted by the Insolvency Law Academy (2023)

  • Member of the SEBI FPI Advisory Committee to suggest measures required to encourage FPI participation in the bond market under the Chairmanship of Hasmukh Adhia, former Finance Secretary to the Government of India (2022 – 2023)
  • Member of the SEBI Working Group to reconcile the SEBI (Mutual Funds) Regulations, 1996 with the Companies Act, 2013 and the Insolvency and the Bankruptcy Code, 2016 (2018 – 2019)
  • Member of the SEBI Working Group on redrafting the SEBI (Foreign Portfolio Investors) Regulations, 2014 under the Chairmanship of Shri. Harun R. Khan (2018 – 2019)

  • Member of Working Group on priority in distributors among investors of AIFs’, constituted by SEBI in consultation with Alternative Investment Policy Advisory Committee (2023)
  • Chairman, Expert Committee to ‘Onshore the Indian Innovation to GIFT IFSC’ (2023)

  • Special Invitee, Corporate Laws & Corporate Governance Committee (CL&CGC) of ICAI (2023 – 24)