What was the general counsel and Chief Compliance officer of Paytm Payments Bank do when the bank was making a mess of compliance?

Now Paytm Payments Bank could even be shut down.

It shows importance of culture of compliance and hiring the right legal and compliance team.

The CEO Mrinalini Reddy is a gem of a person. It is unfortunate that people commenting on here are hell bent on tarnishing her and the firm's image. She, along with the Managing Partner Shailendra Komatreddy and another partner shivacharan Reddy are the nicest people in this firm.

Do you realize that often the redaction attract greater attention/scrutiny. The "persuasion" by the then ICC Chair and Co is well-known and documented by LI when it extensively reported on the foot-dragging by the PIB/NUJS?

Friends of the then ICC Chair (well networked with NGOs) are Chairs of LCCs in Barasat, Kolkata etc. May explain why the Associate Prof skipped ICC and went to LCC.

The 2019 EC reference is concerning the termination from service of a former AR Admin who is now litigating against it in Calcutta HC. However the prosecution resulting from the FIR by the PA in 2013/2014 is ongoing at a local court and unlikely to conclude this year.

But what about the original query posed here? Did the Associate Professor actually file an FIR against NKC or is it just the complaint to the LCC Barasat?

I am a student from Bangalore who has selected the option to not stay in the hostel at NLSIU while filling the document verification form. Is it a good idea considering that I have heard that law school projects/classes can go on till late night at time ?

Any guidance will be greatly appreciated.

2 in my batch have left NLUO. 1 has left NLUJ. 3-4 have left other T2 NLUs. Multiple peeps who have left T3 NLUs. I agree that 85% crowd is mostly shit.

Same is the case for other batches. And, yes we have foreign LLMs, civil services, and corp jobs.

Well again the numbers aren't as high as T1 and some T2 NLUs but they aren't supposed to be since the student intake ain't that great plus the college does nothing to provide opportunities.

PQE 1.5 Tier 2 city. This post made me introspect. Started with a leading criminal law veteran in HC, no pay and was a family run office. Those 6 months were the most difficult. Had to ask money from parents felt like shame.

After 6 months shifted to a young and an upcoming extremely smart civil and commercial lawyer. I was and still am the only junior in his office. The experience at this place has made change my perspective.

That pay for the first 6 months was at par with a T1 firm stipend to a law student. Thereafter multiple pay revisions because of my performance and contribution to the office. Passes on matters to me which are not worth his time, so helps me build my practice too. At this point I earn enough to make more than my monthly expenses living in a T2 city away from my home.

I have been extremely lucky to work with my senior. Following things makes me continue litigation: -

A. Not a single day is spent doing the same thing

B. Daily learning

C. Independence

D. Full control over time

Trust me if you find a good office to work, litigation can be the best thing that could happen to your life. Cheers buddy

To give a short introduction, I am a student from a Tier 2 NLU who belongs to an an erstwhile Dalit community in Kerala. Due to our socio-economic rise post Communism and Kerala Renaissance , we Ezhavas were elevated to the OBC category by the government.

In Kerala I haven't faced any discrimination in real life (maybe because OBCs are majority). But after I left the state to join my NLU, I came to taste caste and class discrimination for the first time, along with a slight dosage if regional discrimination [ The reason why I didn't mention colourism is because I faced it within Kerala too]

During our early days at the university, few teachers asked us to introduce ourselves to the class by telling our CLAT AIR rank. By the look on their faces and their snide comments I could tell that they were attacking the concept of reservation.

Among my friends, the topic of reservation hasn't been picked up yet, so I don't know their stance and opinions . However a batchmate of mine sneered on hearing my AIR rank and muttered some derogatory insult at reservation. As a retort I used the term "brahmanical privilege". For this the guy got irritated and made derogatory jokes about Kerala and even mocked sensitive issues like the Mulakkaram. Me trying to convince him how it's our own hardwork which improved our lifestyle, further irked him for some reason. And I can't belive that he dug up things about my caste to insult me going as far as jus primae noctis / Adhyaratri Avakasham . Of course this wasn't said I'm front of others but directly to me. I even vividly remember his cold expression and raspy tone.

Apart these incidents there were no overt caste discrimination in this NLU. However there were frequent dank jokes on various reserved classes and I did feel a bit left out, but I think that was more to do with the economic status and connections. (Which can on most cases be traced to the UC privilege).

However to give credit where it's due, the college has been wonderful in terms of things like moots, debates, etc and placements also seem to be growing decently over last few years I heard. So as an end note, while I faced discrimination from a tiny quarter, I still remain indebted to this university and consider it as a second home.

I happened to have visited Israel, as I have family living there. It is a very beautiful and advanced country, but there are no real opportunities for Indians other than in STEM fields, or as we have seen recently as labourers to replace Palestinian labourers. It’s hard to get a job as an India-qualified lawyer.

I received a call from a firm located at Mittal Court, Nariman Point, stating I have an internship interview over Zoom the next day. I confirmed my attendance but on the interview day, I called the HR thrice, and she didn't pick up. On the fourth attempt, she informed me that they had rescheduled to another day. On the rescheduled date, she spoke vaguely, and from her tone, it seemed they weren't interested. I waited the whole day for the Zoom link but didn't receive any. I won't be calling them again; their communication has been unclear, and I won't be applying there in the future. Why can't they blatantly tell that we're not moving forward? If I wasn't that good enough why did you call me for an interview ? F this firm

My advice is to enrol at an IIT business or humanities department for an interdisciplinary PhD with law in it. For example, a PhD on company law can also be done at a business school. A PhD on human rights can also be done at a sociology department.

If you want to do a PhD at a law department then you are limiting yourself only to IIT KGP. Why narrow down your options?

I am 26 y/o, a 2023 law graduate working in a litigation chamber. I see no hope for myself in litigation due to toxic culture and low pay. Thinking of leaving the job and preparing for judiciary exams.

Would it be wise at this stage? Considering, at 28 if I am not able to crack the exams I would have to go back to some chamber.

I wonder why this even had to go to the court. Doesn't NLS have the money or the willingness to reduce or waive the fees of any student? This is a purely administrative matter. We know that all state NLUs are facing a serious funding crunch, but this could have been dealt with internally.

https://www.barandbench.com/news/karnataka-high-court-seeks-details-financial-assistance-transgender-policy-students-inability-pay-fees-nlsiu

Since I have no inclination towards a particular field or particular scholar, so should I focus on the top institutes for a PhD? Is the institute name bigger than the advisor ? I can understand abroad, especially USA where the advisor is bigger since they're known globally. However, how about India ? I still feel for a job people look at the institute first.

If you are going to be working in M&A or investment law, sorry to say there is no book you can just read

you need to learn 4 things:

1. deal structure (you do not have to structure deals - thats done by bankers and very senior people, but you can't do the rest if you cannot understand the structure of the deal and the commercial incentives behind it)

2. how to do due diligence (likely you will do this a lot)

3. how to draft deal documents (mostly agreements - depending on the firm, this will also come to you but in some big law firms you don't get to do this for first 1-2 years)
4. deal compliance (this you will have to do as the junior in the team, and if you screw up here you will likely get fired)

How I wish I could just refer you to a manual which explains all these

But no such thing exists to my knowledge

your best option will be some online courses which teach these things hands on but they are very unpopular on this platform so I will not take their name

Do your research

If you just want to read some law, read company law throughly, and maybe FDI policy - but note that it will not teach you the above 4 work that associates have to do almost every day

Hi - really hard to have a conversation on this forum. Please email. My contact details are on Linkedin. Brief responses:

1. Hiring process: Hiring is through internships. I'm taking one or two interns a month. They work with me closely and are selected on the basis of a technical round. All internships are assessment internships. All internships are eligible to a stipend (see above). That being said, I'm not planning to hire in huge numbers (only hiring 2 freshers in 2024, for eg.) so there's a one in 12 chance (maybe less than that) that internships will convert.

2. Pay Scale: 20% discount to Tier 1 scales. We are in the process of mapping what that means based on LI and other data. Let's speak - I recognise the importance of pay transparency so there are no unwelcome questions/ interventions.

3. Hiring for 2025: Yes

4. Long-term interns: Not sure. Let's speak.

Look at the NLU grads who went into entrepreneurship; can u name any asides from Ramanuj, Tanuj Kalia, Sammanika, and Ashna (If call them entrepreneurs)? ▮▮▮ And I am so baffled as to why people think NLUs so highly, they don't even stand here in South Asia, let alone the entire world, in comparison to IITs and IIMs. The level of financial and entrepreneurial acumen people from these institutes have required for setting up a business is extraordinary and what is actually required. On the contrary, I feel that advocates practicing in High Courts and tribunals are much more apt to start a venture as they are more smart and seasoned.

Please stop acting as a news reporter, if you have any problem text in your own batch group, this is soo stupid.

You do realise that we look like clowns due to these posts? Please stop man, don't be a news reporter, there are far better things to do in life then JL and Penta.

Don't ruin the reputation of the institution, at this juncture it feels like the college is just known for its drama, to anyone from GNLU reading this... Spread the masala inside the college not on this platform have some self respect.

the government does not care, the EC does not care, the faculty does not care & the students are least bothered. a little birdie tells me that the government & the EC is happy to get this acting guy to continue.

the acting guy is going to be around for a long time unless someone pushes the case

hii, im a student who took a gap year to prepare for entrances. I wrote mhcet right after my 12th boards but I didn't really prepare for it so obviously I didn't get a good college. but then I wrote clat I got around 6000 AIR but doens't seem like I'll get the top 7 nlus. so now im preparing for slat, nlat, mhcet again but I'm also thinking of writing christ law entrance exam. is SLS-P good in terms of education and internships as well as student life?? what about christ ka law life. help me ong

Establishment of legal practioners does not fall under shops and establishments act. Does that mean senior advocates can legally make junior advocates work more than 9 hrs a day?

Or is it the case that the definition is not applicable for clerks etc who do have nexus with final work product?

Can a senior advocate legally stipulate 14 hrs working day in employment contract?

Most of GLC's known alumni just consists of nepotistic kids or rich SoBo kids who used their connections to get to top-tier firms. No other law college in Mumbai so they have to pick from GLC and with most of the sutdents being reservation candidates, there are only a few slightly competent people they can pick from.

Hey Shreya

I am a batch of 2025 student and my area of interest is taxation, international taxation particularly. I am open to learn and explore more.

I have a few questions.

What is the hiring process?

What is the exact pay scale you'll be offering?

Are you looking to hire for the 2025 batch?

Are you looking for long-term interns?

A2 here, I am also from GLC and it would be incorrect to say GLC is not known, especially in Mumbai, keep your grades up and stay in the top ten, you'll be easily picked up for interviews from top tiers. It's high time that folks from GLC stopped downplaying themselves considering some of the finest and sharpest minds, even at the present moment, come from there. Also, for anyone feeling hurt about the last statement, please note that I am not excluding the fact and possibility of other colleges also providing us with fine set of lawyers.

Why would you ask students what they want? this thread is a nightmare.

Its like asking patients what medicines they want- you might have a few who say- well that depends on the diagnosis and what the doctor recommends. Most people who will be vocal though will be addicts who want you to give them oxy/fenty without limit.

Academics in India need to gain a backbone. They live in a make believe world where there is no crisis of integrity going on. Once you spend any time among students and hear how they talk- its shocking.

If Congress had kept India backward for 50 years, then you wouldn't have been here today flaunting your privilege. 2005-2012 happens to be the best time India has had since independence, in terms of economic, social, conditions, foreign relations etc. Most of that was under UPA rule. As for the socialist part, the current party is following those same socialist principles, or even worse, crony capitalism instead of real free market capitalism, for the last decade.

Hello, I am a 4th semester BA LLB student from a tier 2 NLU, please suggest some good boutique/small firms preferably in Bangalore, where I can intern (with a good corp team)

Some place where they actually assign work to you and give you some stipend

Thanks in advance

Few tips:

1) Unless intended otherwise, replace double space with single space

2) Defined terms usually begin with an alphabet in upper case e.g. "Project" means/ shall mean... ensure uniformity of usage throughout the document

3) Check whether references to another clause are correct

4) Check for uniformity in words and numbers (100,000 USD = One hundred thousand USD and not Ten Thousand USD)

5) Unless intended otherwise, ensure uniformity of font type and font size throughout the document

6) Treat the task as a challenge not with grudge or fear

7) Once you are absolutely sure you have read the entire document carefully, read it again. If possible, re-read it after a gap of few hours, with a fresh mind

8) Once you've completed the task, ask yourself if you'll be fine doing such tasks for the first few years of your life as a transactional lawyer.

All the best!

Regretting for not studying after the results are of no use.

I'm feeling bad for my parents for wasting their hard earn money

This is my first time getting fail I mean I got back in one of my papers and I'm feeling like I'm a loser who doesn't have any knowledge about studies.Getting back means fail it's the same thing. My hands are shaking rn . I want to talk with my bestfriend but I'm feeling so shame to tell her. I need someone rn to talk to console me but I don't know whom to talk about what I'm feeling rn. There's one question in my mind "is getting pass with back paper a shame thing"?.