Ajay Bahl

Widely recognised as one of India’s foremost corporate attorneys, Ajay Bahl has been involved in complex and high profile legal and tax transactions. In addition to being a lawyer, he is a qualified chartered accountant, which strengthens his expertise in structuring, restructuring and transfer pricing related issues. His experience spans an array of sectors, including media and broadcasting, financial services, telecommunications and information technology.

Chambers Asia-Pacific has praised Ajay for his “sharp commercial mind and ability to lead from the front” and has described him as “a figure who inspires the greatest confidence in his clients”. Additionally, Legal 500 and Chambers Global have recognised Ajay as a leading attorney in the fields of Taxation and Mergers & Acquisitions.

On behalf of the Indian Government, Ajay has served before the International Court of Justice, Hague, as an independent expert on accounting and tax issues. He also served as a member of the committee constituted by the Ministry of Finance in India, formed to simplify the provisions of the Income Tax Act. He is also a member of the Appellate Panel, formed by the Institute of Insolvency Professionals, set up to discipline insolvency professionals. Additionally, Ajay has been a member of the Confederation of Indian Industry (CII) Economic Growth and Investments Council since 2012-2013; he is on the Board of Governors of the Indian Institute of Corporate Affairs (IICA), nominated by the Ministry of Corporate Affairs; and, is also a member of the Committee to review the offences under the Companies Act, 2013 constituted by the Ministry of Corporate Affairs, Government of India in July 2018.

Zia Mody

Mumbai e-mail Zia

Renowned for her contribution to the legal world at large, Zia Mody is amongst India’s most formidable corporate lawyers. Considered an authority on corporate law, mergers and acquisitions, securities law, private equity and project finance, she has advised clients across the world on marquee deals. IFLR1000 cited her as, “an obvious choice for clients involved in large international M&A transactions.”

Zia served as Vice President and member of the London Court of International Arbitration from 2009 through 2013. She was also a member of the World Bank Administrative Tribunal from 2008 through 2013. She continues to serve on several government committees on financial reforms and corporate governance.

Zia has earned tremendous appreciation as a role model for women in business. In 2017, 2016 and 2015, she was ranked amongst Fortune India’s Top 5 Most Powerful Business Women in India. Likewise by Forbes India as one of India’s 10 Most Powerful Women from 2013 through 2016; and by Forbes Asia as one of Asia’s 50 Power Businesswomen in 2015.

Her other achievements include her recognition as:

  • The Deputy Chairman and a Non-Executive Director of the HSBC Asia Pacific Board
  • Member of the Governing Board of the International Council for Commercial Arbitration (ICCA)
  • Foreign arbitrator on the Panel of Arbitrators of the China International Economic and Trade Arbitration Commission (CIETAC)
  • Member of the Godrej Committee on Corporate Governance constituted by the Ministry of Corporate Affairs in 2012
  • Member of the “Committee on Rationalisation of Investment Routes and Monitoring of Foreign Portfolio Investments” formed by the Securities and Exchange Board of India in 2013, under the chairmanship of Shri K.M. Chandrashekar
  • Member of Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households (2014), chaired by Dr. Nachiket Mor, appointed by the Reserve Bank of India.
  • (One amongst) Chambers Global’s leading individuals in the Corporate / Mergers & Acquisitions, Private Funds, Private Equity, Litigation and Infrastructure Sectors

Bahram N. Vakil

Regarded as a renowned restructuring, bankruptcy, infrastructure and project finance attorney, Bahram Vakil was appointed as a key member of the Bankruptcy Law Reforms Committee (BLRC), chaired by Dr. T K Viswanathan and constituted by the Ministry of Finance to draft the Insolvency and Bankruptcy Code, 2016 (IBC). Bahram is also a member of the Insolvency Law Amendment Committee, constituted by the Ministry of Corporate Affairs for recommending amendments to the IBC.

As part of his restructuring and bankruptcy experience, Bahram has advised bidders, insolvency professionals, domestic and international banks, hedge funds and interim financiers under the IBC, including the large stressed accounts referred to insolvency resolution by the RBI.

Considered by multiple leading publications amongst the most well reputed restructuring and banking & finance lawyers in the country, Chambers Global states that, “Bahram Vakil is an instantly recognizable figure who is commended for his being able to ‘get into the details’ of more complex matters. Vakil’s strength lies in his ability to bring the commercial point of view to the table.”

Bahram also served on the U.K. Sinha Committee – Working Group on Foreign Investment in India, Financial Sector Legislative Reforms Committee (FSLRC) – SEBI Advisory Group and SEBI Sub – Group on Regulatory Guidelines for Redeemable Non – Convertible Preference shares.

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