What is Sub Prime Lending

Meaning -

As the word "Sub" itself suggests -"less than ideal".

The term "subprime" refers to the credit status of the borrower, which is being less than ideal. Subprime lending is a general term that refers to the practice of making loans to borrowers who do not qualify for the best market interest rates because of their deficient credit history.

Why the risk -

Subprime lending is risky for both lenders and borrowers due to the combination of high interest rates, poor credit history, and adverse financial situations usually associated with subprime applicants.

Sub Prime Borrowers -

The sub prime borrowers have a weak credit history which includes - charge offs, payment delinquencies, bankruptcies, low debt to income ratio, etc.

Why the crises -

Subprime lending refers to the practice of offering loans to people who do not qualify for the normal loans. When it comes to approving a loan, banks take into account the repaying capacity of the borrower and his credit history. If a person is not credit worthy or is a defaulter elsewhere, he cannot be given a normal "prime loan". So as to target such persons, banks came up with a novel idea of "sub prime lending".

Here the risk is more for the bank. So to set off the higher risk, banks commanding a higher risk premium and hence the interest rate is also higher. As a result of higher interest rates, banks could earn more money then what they would have normally got if they had gone for "prime lending".

The subprime lending crisis began with a series of defaults by borrowers who were offered loans at higher interest rates because of their lower repayment capacity. First of all, the borrowers who were offered subprime mortgages had a poor credit history and then the higher interest rates charged only increased the burden on these borrowers and made it tougher for them to honour their mortgages, even if they had the intention to do so. This caused a series of defaults which is now commonly known as the subprime mortgage lending crisis.

Types -

Subprime mortgages and Sub Prime Credit Cards

Essay Sarbanes Oxley Act

Sarbanes-Oxley Act of 2002 is also known as the Public Company Accounting Reform and Investor Protection Act of 2002 and commonly called SOX or Sarbox.

The act is called as Sarbanes-Oxley Act after sponsors Senator Paul Sarbanes and Representative Michael G. Oxley.

Reason behind the enactment -

Number of major corporate and accounting scandals which rocked the United States prompted the House to enact the law.The confidence of general public in the United States' securities market was shaken after the Enron, Peregrine System, Tyco Adelphia, Worldcom scandals. Not only these scandals cost the public billions of dollars but also negatively affected their faith in the United States Security Market.

Scope -

The legislation establishes new or enhanced standards for all U.S. public company boards, management, and public accounting firms. It does not apply to privately held companies.

The Act -

The Act contains 11 titles, or sections, ranging from additional Corporate Board responsibilities to criminal penalties, and requires the Securities and Exchange Commission (SEC) to implement rulings on requirements to comply with the new law.

The Act establishes a new quasi-public agency, the Public Company Accounting Oversight Board, or PCAOB, which is charged with overseeing, regulating, inspecting, and disciplining accounting firms in their roles as auditors of public companies. The Act also covers issues such as auditor independence, corporate governance, internal control assessment, and enhanced financial disclosure.

However, there is a heated debate on whether the benefits are comparable to the cost incurred in the implementation of the Act. Some feel that the legislation is necessary and will definitely help restoring public confidence in nation's capital market, will help control the corporate accouting and strengthen the accounting creditibility of public accounting firms and others.

The Detractors contend that SOX was an unnecessary and costly government intrusion into corporate management that places U.S. corporations at a competitive disadvantage vis-a-vis foreign firms.

The effect of SOX on non-US companies -

It is being argued that with a legislation like Sarbanes Oxley, business will shift from US to other countries where there is lesser interference by Authority.

SOX's effect on Non US cross listed Companies will be different depending on where such companies come from. If a company comes from a well regulated country, SOX will unnecessarily increase cost as such companies already comply with strict norms in their home country.

But Companies from not so well regulated countries will benefit as such companies will have to comply with requirements under the act and in turn which will enhance their creditibility and rating due to compliance of the act. But one must keep in mind that it is going to be too expensive for all companies to comply with the provisions of SOX.

Impact of SOX on the corporate IT department

The five areas and their impacts for the IT Department are as follows:

Risk Assessment - Before the necessary controls are implemented, IT management must assess and understand the areas of risk affecting the completeness and validity of the financial reports. They must examine how the company's systems are being used and the current level and accuracy of existing documentation.

Control Environment - environment factors include the integrity, ethical values and competence of the entity's people; management's philosophy and operating style; the way management assigns authority and responsibility, and organizes and develops its people; and the attention and direction provided by the board of directors.

Control Activities - Control activities are the policies and procedures that help ensure management directives are carried out. They help ensure that necessary actions are taken to address risks to achievement of the entity's objectives. Control activities occur throughout the organization, at all levels and in all functions. They include a range of activities as diverse as approvals, authorizations, verifications, reconciliations, reviews of operating performance, security of assets and segregation of duties. In an IT environment, control activities typically include IT general controls -- such as controls over program changes, access to programs, computer operations -- and application controls.

Monitoring - Auditing processes and schedules should be developed to address the high-risk areas within the IT organization. IT personnel should perform frequent internal audits. In addition, personnel from outside the IT organization should perform audits on a schedule that is appropriate to the level of risk. Management should clearly understand and be held responsible for the outcome of these audits.

Information and Communication - Without timely, accurate information, it will be difficult for IT management to proactively identify and address areas of risk. They will be unable to react to issues as they occur. IT management must demonstrate to company management an understanding of what needs to be done to comply with Sarbanes-Oxley and how to get there.

The Act

This article has been written from inputs gathered from different sources available on the Internet and in Print Media.

What is a Future Contract?

Let us start with Futures -

What is a futures contract?

Futures contract means an agreement to buy or sell the underlying security on a future date. Such agreements are legally binding in nature.

Specifications regarding the delivery, time and place of settlement, quantity, quality in case of commodities are decided beforehand in the contract itself. Futures can be settled by delivery of the underlying security - cash or asset as the case may be. E.g: In case of a commodity - by delivery of that commodity on which contract was made.

The date decided beforehand for settlement on which contract expires is called as "the expiry date of the contract".

Cash settlement means paying or receiving the difference between the price at which the contract was entered and the price of the underlying asset at the time of expiry of the contract.

As a result, a person may face profit or loss depending on the difference of price between period as mentioned above.

My upcoming posts -

With everyone talking about Hedge funds, Derivatives, Futures, Options, Sarbans Oxley Act, etc., I will be posting here a short article on them soon. Keep watching this space...

Persons exempt from payment of Profession Tax

Exemption from payment of Profession Tax –

Following classes of persons are exempted from payment of Profession Tax –

1. Members of the forces as defined in the Army Act, 1950 or the Air Force Act, 1950 and the Navy Act, 1957 including members of auxillary forces or reservists, serving in the state.
2. The badli workers in the textile industry.
3. Any person suffering from a permanent physical disability (including blindness)
4. Women exclusively engaged as agent under the Mahila Pradhan Kshetriya Bachat Yojna or Director of Small Savings.
5. Parents or guardian of any person who is suffering from mental retardation
6. Persons who have completed the age of 65 years (w.e.f. 1.4.1995)
7. Parents or guardians of a child suffering from a physical disability as specified in clause (C) w.e.f 1.10.1996

So, in case you are above 65 years of age, contact your Profession Tax office alongwith an application stating that you are above 65 years of age & carry a proof of your age- ex: Pan Card or Voter's ID card.

In the store- It is heard that 01/04/2008 onwards, Profession tax office will be handling Service tax as well!

Profession Tax Amnesty Date Extended

Last date for submission of application for Profession Tax Amnesty Scheme has been extended upto 30.11.2007.

Types of Mortgages in India

Type of Mortgages in India

Definitions -

Sec. 58 of the Transfer of Property Act, 1882 defines mortgage as -

A mortgage is the transfer of an interest in specific immoveable property for the purpose of securing the payment of money advanced or to be advanced by way of loan, an existing or future debt, or the performance of an engagement which may give rise to a pecuniary liability.

The transferor is called a mortgagor, the transferee a mortgagee; the principal money and interest of which payment is secured for the time being are called the mortgage-money, and the instrument (if any) by which the transfer is effected is called a mortgage-deed.

Types of Mortgages -

1. Simple Mortgage
2. Mortgage by Conditional Sale
3. Usufructuary Mortgage
4. English Mortgage
5. Mortgage by deposit of title of deeds
6. Anomalous mortgage

1. Simple Mortgage -

In a Simple mortgage, the possession of the mortgaged property is not transferred from mortgagor to the mortgagee.

If the mortgagor fails to repay the loan, the mortgagee has the right to sell the property and recover the loan from the sale amount.

2. Mortgage by Conditional Sale -

Under such Mortgage, the mortgagor apparently sells the property to the mortgagee on certain conditions -

1.On failure to repay the mortgage money before a certain date the sale shall become absolute,or
2.On condition that on such repayment of mortgage money the sale shall become invalid,or
3.On condition that on such repayment the mortgagee shall retransfer the property.

In such case, the mortgagee is a "mortgagee by conditional sale".

3. Usufructuary Mortgage -

In a usufructuary Mortgage, the possession of the mortgaged property is transferred to the mortgagee. The mortgagee receives the income from the property (rent, profit, interest, etc) until the repayment of the loan. The title deeds remain with the owner.

4. English Mortgage -

In an English Mortgage -

1.The mortgagor binds himself to repay the borrowed money on a certain date.
2.The mortgagor transfers the property absolutely to the mortgagee.
3.But such transfer is subject to the condition that the mortgagee will retransfer the property on repayment before the agreed date.

5. Mortgage by deposit of title of deeds -
In such mortgage, the mortgagor delivers the title document of the property to the mortgagee with an intention to create a security thereon. Such mortgage is valid in towns of Kolkatta, Mumbai and any other town as the State Government may notify by publication in Official Gazatte

6. Anomalous mortgage -

Anomalous mortgage is a combination of different types of mortgages.


In the US, concept of Reverse Mortgage is fast catching up -

Meaning - A reverse mortgage loan is a loan where the lender pays the monthly installments to you instead of you making any payments to the lender. Hence the name reverse mortgage, as the payment stream is reversed. A Reverse mortgage enables senior citizens to convert their home equity into tax-free income. Reverse mortgages enable eligible homeowners to access the money they have built up as equity in their homes. They are primarily designed to strengthen seniors’ personal and financial independence by providing funds without a monthly payment burden during their lifetime in their home.

Profession Tax Amnesty Scheme

LAST DATE OF SUBMISSION OF APPLICATION FOR PROFESSION TAX AMNESTY SCHEME EXTENDED TO 03.11.2007.

Data Security at Law Firms in India

Major law firms in the country have taken several strong measures and beefed up their data security after a serious theft at a law firm in Delhi.

Late last year important data along with hard drives was stolen by the four employees of the Law Firm Titus & Co in Delhi by a Nigerian National Alfred Adebare along with Seema Jhingan, Alishan Naqvee and Dimpy Mohanty .

Taking cue from this various law firms have taken several measures to protect the vital data this includes installing linux mail servers, password protected master computers , sealing of floppy and CD drives, scanning of e-mails and disabling of bluetooth and infrared.

Some of the actions taken for data protection by law firms include

(1) AZB & Partners

One back up drive for backup files and user needs authentication from the administrator to access back up files.

One Linux mail server from where all e-mails are received and sent by all advocates

Master computer for each of the four computers in a room and the master computer is password protected.

All e-mails are stored and copied to Zia Mody.

Floppy drive and CD drive are sealed.

(2) Amarchand Mangaldas and Shroff

Floppy drive and CD drive are sealed

Luthra & Luthra

Floppy drive and CD drive are sealed.

(4) Pathak & Associates

Provision of intranet restricted to advocates.

(5)Bhasin & Co.

Camera system in each cubicle for surveillance

Floppy drive and CD drive are sealed

Strict internet system and cannot be used for personal purposes

(6)Fox & Mandal

One main server for the e-mails to be sent and received by the advocates

Back up data is stored.

(7)Trilegal

Password for each computer and one needs it to access to the computer.

Lawyers sign confidentiality agreement.

(8)Titus & Co.

Disabled/removed storage/copying devices like Floppy drive and CD Writer.

Disabled input/output port (I/O) of Universal Serial Bus (USB).

Disabled communication options like Bluetooth and Infrared.

Provided secured password on systems to access Server.

Internet access available on two PCs to surf the internet only. These two PCs are not on the Domain Server.

Login on internet PC allowed only with Administrator profile so that

server database cannot be accessed.

Server users do not have login permission on the internet PC.

One PC is used to send and receive e-mails through password

protected outlook express/Microsoft outlook programs.

Data is saved and accessed from the Server only.

Storage media like CDs, floppies, pen drives are not allowed in office

premises.

Data backup is taken on a daily, weekly and monthly basis.Anti-virus installed on every system connected to LAN.

Firewall installed on internet/ email PCs to prevent data hacking.Physical verification of contents of all bags, containers, packets entering and leaving office.

USE MICR CODE TO GET EARLY REFUND

You might be the one of the few who are eligible for refund under the Income Tax Act but dread the thought of waiting for a very long period to get refund. Well, you can overcome this hurdle. Take a look at how MICR Code can fasten the process of you getting the refund.

CA Rajan Gupta has explained in very easy language the usefulness of MICR to get refund.

Profession Tax Amnesty Scheme Working

Profession Tax Amnesty Scheme Working -
Valid from 01.09.2007 to 31.10.2007

Under the Profession Tax Amnesty Scheme - for Registered persons

In case you have registered yourself and have a Enrollment Number, working would be as under:

1. Basic Tax + Interest (@2% p.m)* + Penalty (Rs.300/year)

* The rate of interest is taken as 2% for ease of computation. Earlier it was 1.25%.

Now take entire Basic Tax Amount + 10% x (Interest + Penalty)

E.g: You have not paid profession tax for the 2005-2006, 2006-2007, 2007-2008.

So calculation would be -

YEAR = BASIC TAX + INTEREST + PENALTY
1. 2005-2006 = 1700 + 1020 + 300
2. 2006-2007 = 2500 + 720 + 300


Interest for 2005-2006 is calculated @ 2 % p.m for 30 months, 2006-2007 for 18 months & so on.

So total payment would be Rs.4200 + 174 + 60 = Rs.4434/-

In case of unregistered person, P.T would be waived upto 2002. Thereafter Basic Tax and Interest working would be the same as registered person. But penalty would be Rs.2/day (comes to Rs.730 per year) instead of flat Rs.300 p.a.

The working has to be submitted in Annexure 1 to the Profession Tax Department along with self attested photocopy of the challan through which payment has been made in the bank.

In case you need any clarifications/Excel PT Amnesty Working Sheet (free of charge), you can mail me/comment.

You can also get Excel Utility from Mera Consultant for Rs.300/-

PS: Do confirm the calculations and check the circular regarding Amnesty scheme before relying on the contents posted here.

Procedure for Change in Name

Procedure for change in name

You will need to fill up a form which is available free of cost at the Government Press of your city. (In Pune, it is located near Sadhu Vaswani Chowk - Behind Government Photozinco Press)

You need to fill in the details as required - like your old name, new name, old signature, new signature and address.

No documents are required to be submitted along with the form.

Fees: Advertisement fees ~ Rs.120; With this you get 2 copies of Government Gazette which is published monthly. If you need extra copies, extra fees will have to be paid.

Cash is accepted at the Government Press though you have option of paying through Cheque/DD.

Once your form is accepted, your new name will be published in the next Gazette due.

DISCLAIMER: This procedure may vary from place to place. Kindly recheck the procedure of your place. This procedure is as applicable in Pune, Ahmednagar, etc.

Stock Statement by Drug and medicine dealers

Dealers in drugs and medicines who are eligible to claim set-off under rule 52(3) of MVAT Act were required to file a stock statement as on 30^th June 2007 on or before 31st August, 2007.

However, as per the Trade Cir. No.55 T of 2007dated 13.08.2007, the date of submission of such stock statement has been extended to 30th September, 2007.

EDIT: Now last date of submission of stock statement has been extended to 31.10.2007 through Trade Cir. No.61 T of 2007

More Info

VAT Registration fees

Statutory charges for Vat Registration -

After the GR passed by the Government of Maharashtra, the revised fees for VAT Registration is as under -

For Voluntary Registration -

Rs.5000/- Fees
Rs.25,000/- as advance towards tax liability which can be claimed as refund or adjusted against tax liability


For Registration in case of exceeding prescribed turnover (Rs.5,00,000/-)

Rs.500/- In such case accounts (Purchases and sales) are to be produced alongwith photocopy
of 1st and last bill.

All the above fees are to be paid in Form No.210.

Law Firms in India for internship

Advani and Co.,Pune
advanico@pn3.vsnl.net.in

ALMT Legal -
Express Towers 4th Floor, Nariman PointMumbai 400 021India
Contact: Mr. Sameer Tapia
Tel: 56367044 Fax: 56367045
mumbai@almt.com

Amarchand Mangaldas,Delhi
pooja.singh@amarchand.com

Amarchand & Mangaldas & Suresh A. Shroff & Co.
41/42, Lloyds Centre Point, PrabhadeviMumbai 400 025India
Contact: Mr. Cyril Shroff
Tel: 91224324455
Fax: 91224324980

Anand and Anand,Delhi
pravin@anandandanand.com
email@anandandanand.com

Ashwinichandra and Associates,Pune
ashwinichandra@vsnl.net

Azb and Partners:
bakhtiar.sunavala@azbpartners.com

Bodhiglobal Lpo Mumbai:
hr@bodhiglobal.com

Crawford Bayley,Mumbai
maity.deshmukh@crawfordbayley.com
renuka.raman@crawfordbayley.com

Dua Associates, Pune
duapun@duaassociates.com

Fox Mandal Little,Bangalore
purnima.kamble@foxmandal.com
padma.sinha@foxmandallittle.com

Hariani and Co,Pune
ravi.rajebhosle@h-and-co.com

Human Rights and Law Defenders,NGO,Pune
hrld@rediffmail.com

ICICI Bank
charudutta.deshpande@icicibank.com

JSagar Associates,Bangalore

2, Frontline Grandeur, 14 Walton Road, Bangalore - 560 001

T: +91 80 4350 3600; F: +91 80 4350 3617

probir@jsalaw.com
bamra@jsalaw.com
www.jsalaw.com

JSagar Associates,New Delhi

84-E, C-6 LANE, SAINIK FARMS, NEW DELHI 110 062, INDIA
tel: 91 11 2651 8714-6 fax: 91 11 2651 8717
email: newdelhi@jsalaw.com
url: http://www.jsalaw.com

Khaitan and Co,Mumbai
hr@khaitanco.com

Khaitan and Co, New Delhi

1105 ASHOKA ESTATE, 24 BARAKHAMBA ROAD, NEW DELHI 110 001, INDIA
tel: 91 11 5151 5454 fax: 91 11 5151 5318
email: del@khaitanco.com
url: http://www.khaitanco.com

Kochhar & Co. Advocates & Legal Consultants
No. 5, 17th Floor World Trade Centre 1 Cuffe Parade Mumbai 400 005India
lalit.goel@kochhar.com
Phone: 91 22 22188700 / 56370031
Fax: 91 22 22187500

Lawlexicon:
geeta@lawlexicon.net

Legasis,LPO,Pune
ajay.w@legasis.in

Lex nexus,Mumbai
rina@lexnexus.com
binita@lexnexus.com

Little Company Co,Delhi
rajas.kasbekar@littlecompany.com

Luthra and Luthra, Delhi
chandoke@luthra.com
hcchandoke@luthra.com
shingorani@luthra.com

Mohan and Mohan,Pune
murali.mohan@247advocate.com

Nishith Desai Associates
93-B Mittal Court Nariman PointMumbai 400021India
Contact: Mr. Vikram Shroff
Tel: 91-22-2282 0609
Fax: 91-22-2287 5792

Paras Kuhad Nevagi and Associates,Pune
pkapune@paraskuhad.com

Paras Kuhad and Associates,Jaipur
shiela@paraskuhad.com

Pragna Thakkar And Co
18/109 ESPLANADE MANSION, 144 M.G. ROAD, FORT,Mumbai 400001India
Contact: Mr. DEEPAK THAKKAR
Tel: 91.22.9867332990
Fax: 91.22.22843402

Pricewaterhouse Coopers
4th Floor Sandoz House, Dr. Annie Basant Road. WortiMumbai 400018India
Contact: Mr. Orijit Das
Fax: 0091.22.495.1928

S Jalan And Co,Kolkata
kolkata@sjalanco.com

Singhania and Co,Delhi
hr@singhanialaw.com

Singhania & Partners
123 Mittal Court "A"Nariman PointMumbai 400021India
Phone: +91 (22) 2288-5550
Fax: +91 (22) 2288-5560
careers@singhania.net

Surana and Surana,Chennai
intellect@lawindia.com
lawyer@lawindia.com

Thakker & Thakker,Mumbai
geeta@ttindia.com
bjt@ttindia.com

Mumbai Office
Nirmal, 20th Floor, Nariman Point, Mumbai 400 021
Tel : (91 22) 4060 8000, (91 22) 6630 8000
Fax : (91 22) 4060 8001, (91 22) 6630 8100
E-mail : bjt@ttindia.net, bjt@ttindia.com

Delhi Office
A/320, Defence Colony, New Delhi 110 024
Tel : (91 11) 2433 9776
Fax : (91 11) 2433 8784
E-mail : ttdelhi@ttindia.net

Bangalore Office
Unit No. 706, ‘A’ Wing, Carlton Tower No. 1, Airport Road, Bangalore 560 008
Tel : (91 80) 2526 5776
Fax : (91 80) 2526 4357
E-mail : ttbang@ttindia.net

Titus and Co, Delhi
titus@titus-india.com

Trilegal,Delhi
rahul.matthan@trilegal.com
prem.ayappa@trilegal.com

Wadia Ghandy & Co.

N.M. Wadia Buildings,
123 Mahatma Gandhi Road,
Mumbai 400 001
Tel : 22670669, 22670749, 22675136
Contact Person: Nikeeta
e-mail: nikeeta.kaspale@wadiaghandy.com

LPOs Bangalore:
www.manthanservices.com
www.idsil.com
www.atlaslegal.com

PS: Though care has been taken regarding the phone numbers and email id's, they may be wrong in some of the cases. Do let me know about it. Also some of the firms may not have vacancy even though they have been mentioned here.

Special thanks to Isha

Asian Law Firm Comparisons

Law firms in Asia compared on various criteria -

Download PDF
SIZE: 1.4MB

Law Firm Specialization in India

Find out what a law firm in India is majorly into -

MUMBAI

Hathi & Partners

[Maritime, Admiralty & Shipping; Corporate & Commercial; Arbitration & Litigation; Projects (Oil & Gas, Infrastructure, Mining, Energy); Media & Entertainment; Foreign Investments in India; P&I Claim Settlements]

Amarchand Mangaldas

[Corporate & Commercial; Banking & Finance; Capital Market; Arbitration; Taxation; Projects (Infrastructure)]

AZB & Partners

[Banking & Finance; Capital Markets; Projects (Energy; Infrastructure); Corporate & Commercial; Arbitration]

Desai & Diwanji

[Aviation; Banking & Finance; Corporate & Commercial; Capital Markets; Arbitration & Litigation; Projects (Infrastructure); Taxation]

Wadia Gandhy & Co

[Banking & Finance; Corporate & Commercial; Capital Markets; Arbitration & Litigation; Projects (Infrastructure)]

Mulla & Mulla, Craigie, Blunt & Caroe

[Capital Market; Aviation; Banking & Finance; Corporate & Commercial; Arbitration & Litigation; Projects (Infrastructure, Energy); Taxation; Intellectual Property Rights]

Kanga & Co

[Banking & Finance; Capital Markets; Arbitration & Litigation; Projects (Infrastructure)]

Fox Mandal Little

[Banking & Finance; Corporate & Commercial; Capital Markets; Arbitration & Litigation; Projects (Oil & Gas, Energy); Taxation]

Crawford Bayley & Co

[Capital Markets; Corporate & Commercial; Arbitration & Litigation; Intellectual Property Rights; Projects (Infrastructure)]

Nishith Desai Associates

[Banking & Finance; Capital Markets; Intellectual Property Rights; Taxation]

A.R.A Law

[Banking & Finance; Capital Market; Taxation; Arbitration; Corporate & Commercial]

ALMT Legal

[Capital Market; Corporate & Commercial; Arbitration; Taxation]

Bhatt & Saldanha

[P&I Claim Settlements; Maritime, Shipping & Admiralty; Arbitration & Litigation]

Hariani & Co

[Banking & Finance; Intellectual Property Rights; Corporate & Commercial; Arbitration & Litigation]

Khaitan & Co

[Intellectual Property Rights; Corporate & Commercial; Arbitration; Projects (Infrastructure, Energy)]

Dua Associates

[Intellectual Property Rights; Corporate & Commercial; Projects (Oil & Gas, Infrastructure)]

Abhay Ahuja & Associates

[Banking & Finance; Capital Markets; Corporate & Commercial]

DSK Legal

[Capital Markets; Banking & Finance; Corporate & Commercial]

Federal & Rashmikant

[Litigation & Arbitration; Intellectual Property Rights; Constitutional Law]

Majmudar & Co

[Corporate & Commercial; Projects (Infrastructure, Energy)]

D M Harish & Co

[Taxation]

Advani & Co

[Intellectual Property Rights; Arbitration; Corporate & Commercial]

Thakkar & Thakkar

[Banking & Finance; Capital Markets; Corporate & Commercial]

---

NEW DELHI

Amarchand Mangaldas

[Corporate & Commercial; Banking & Finance; Capital Market; Arbitration; Taxation; Projects (Infrastructure)]

AZB & Partners

[Banking & Finance; Capital Markets; Corporate & Commercial; Projects (Infrastructure)]

Hathi & Partners

[Banking & Finance; Supreme Court and High Court Litigation; Capital Markets; Corporate & Commercial; Arbitration; Projects (Oil & Gas, Infrastructure); Media & Entertainment]

J Sagar Associates

[Corporate & Commercial; Banking & Finance; Capital Market; Arbitration; Taxation; Projects (Infrastructure)]

P&A Law Offices

[Banking & Finance; Capital Markets; Corporate & Commercial]

Fox Mandal

[Aviation; Banking & Finance; Corporate & Commercial; Capital Markets; Arbitration & Litigation; Projects (Infrastructure); Taxation]

Titus & Co

[Banking & Finance; Corporate & Commercial; Capital Markets; Arbitration & Litigation]

Trilegal

[Capital Market; Aviation; Banking & Finance; Corporate & Commercial; Projects (Infrastructure); Taxation; Intellectual Property Rights]

Luthra & Luthra

[Banking & Finance; Capital Markets; Arbitration & Litigation; Projects (Infrastructure)]

Kochhar & Co

[Banking & Finance; Corporate & Commercial; Capital Markets; Arbitration & Litigation; Taxation]

Dua Associates

[Capital Markets; Corporate & Commercial; Arbitration & Litigation; Intellectual Property Rights; Projects (Oil & Gas)]

Khaitan & Co

[Banking & Finance; Capital Markets; Intellectual Property Rights; Taxation]

P H Parekh & Co

[Supreme Court and High Court Litigation; Arbitration]

Singhania & Co

[Capital Market; Corporate & Commercial; Arbitration; Taxation]

---

KOLKATA

Fox Mandal

[Capital Market; Aviation; Banking & Finance; Corporate & Commercial; Arbitration & Litigation; Intellectual Property Rights]

Khaitan & Co

[Banking & Finance; Capital Markets; Arbitration & Litigation; Intellectual Property Rights]

Sandersons & Morgans

[Corporate & Commercial; Capital Markets; Arbitration & Litigation; Taxation]

Orr, Dignam & Co

[Capital Markets; Corporate & Commercial; Arbitration & Litigation; Intellectual Property Rights; Projects (Infrastructure)]

Victor Moses & Co

[Banking & Finance; Capital Markets; Intellectual Property Rights; Taxation]

Singhania & Co

[Arbitration & Litigation; Banking & Finance; Corporate & Commercial]

Mukherjee & Biswas

[Banking & Finance; Capital Markets; Intellectual Property Rights; Taxation]

S. Jalan & Co

[Arbitration & Litigation; Banking & Finance; Corporate & Commercial]

---

CHENNAI

Anand, Abdul & Vinodh Associates

[Capital Market; Aviation; Banking & Finance; Maritime; Corporate & Commercial; Arbitration & Litigation]

King & Patridge

[Banking & Finance; Capital Markets; Arbitration & Litigation; Corporate & Commercial]

Surana & Surana International Attorneys

[Banking & Finance; Corporate & Commercial; Capital Markets; Arbitration & Litigation; Taxation]

Singhania & Co

[Corporate & Commercial; Arbitration; Intellectual Property Rights]

Dr. Kainth & Associates

[Capital Markets; Corporate & Commercial; Arbitration; Intellectual Property Rights]

---

BANGALORE

Dr. Kainth & Associates

[Capital Markets; Corporate & Commercial; Arbitration; Intellectual Property Rights]

King & Patridge

[Banking & Finance; Capital Markets; Arbitration & Litigation; Corporate & Commercial]

Thiru & Thiru

[Arbitration & Litigation; Banking & Finance; Corporate & Commercial; Capital Markets; Projects (Energy); Taxation]

Kochhar & Co

[Capital Markets; Corporate & Commercial; Arbitration & Litigation; Intellectual Property Rights; Projects (Infrastructure)]

Singhania & Co

[Banking & Finance; Capital Markets; Intellectual Property Rights; Taxation]

Dave & Girish & Co

[Arbitration & Litigation; Banking & Finance; Corporate & Commercial]

Source

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