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Economic Laws Practice (ELP)

29 April 2019

Former Economic Laws Practice (ELP) partner Anay Banhatti, whom we had reported went independent at the Bombay bar in March, has joined DMD Advocates as a tax partner in its Mumbai office.

19 March 2019

Economic Laws Practice (ELP) tax partner Anay Banhatti has left and will be starting independent counsel practice, cementing the trend of tax lawyers choosing to join the bar in the lucrative and in-demand practice area.

12 March 2019

Economic Laws Practice (ELP) Mumbai-based banking and finance partner Deep Roy has left the firm last week.

17 December 2018

Economic Laws Practice (ELP) associate partner Tomu Francis has joined Khaitan & Co as partner in Mumbai.

02 November 2018

DSK Legal senior partner Tushar Ajinkya has joined Economic Laws Practice (ELP) with a team of three in Mumbai.

22 October 2018

Economic Laws Practice (ELP) Mumbai-based tax partner Ranjeet Mahtani is joining Dhruva Advisors as a partner.

21 May 2018

Economic Laws Practice (ELP) Delhi partner Kumar Visalaksh, who was heading the firm’s indirect tax advisory practice in Delhi resigned last week.

04 May 2018

Economic Laws Practice (ELP) has promoted 5 associate partner to salaried partner or the equivalent director level, while 15 other lawyers were promoted to associate partner level.

02 May 2018

Economic Laws Practice (ELP) has added former Tata Power head of strategy and contracts Karishma Maniar as an associate director in its defense and aerospace practice, and former Delhi-based Khaitan & Co business development director Ashutosh Gupta as partner, strategy and planning.

16 March 2018

Data privacy is a burning issue, from the Aadhaar ID database to a series of recent government and judicial reports laying the groundwork for a much-overdue reform of Indian privacy regulations, which will affect a plethora of businesses.

10 January 2018

Khaitan & Co bested Economic Laws Practice (ELP) and won the ELP Masters Cup Cricket Tournament on 7 January after three days of competition with 15 other Indian law firms.

27 November 2017

In the latest bi-annual rankings compiled by consultancy RSG India, AZB & Partners has topped the table ahead of Shardul Amarchand Mangaldas (SAM) and Cyril Amarchand Mangaldas (CAM), which had topped the table in 2015 when still united in one firm as Amarchand Mangaldas before their break-up (see full table below).

23 November 2017

Trigyn Technologies, a company listed on the BSE and the NSE, has informed the Exchange regarding the scheme of reduction of share capital in the securities premium account has been approved by the NCLT by writing off the losses accumulated in its balance sheet against the amounts standing to the credit of the securities premium account of the company, as reported by Reuters.

17 November 2017

Former Economic Laws Practice (ELP) partner and practice head Jyoti Pawar, who went independent last year, has joined Infosys to succeed Gopi Krishnan as deputy general counsel.

26 September 2017

Desai & Diwanji partner Shyam Pandya has joined as an associate partner of Economic Laws Practice (ELP) in its corporate, commercial, private equity and venture capital team in Mumbai, according to a press release from the firm.

25 July 2017

Yes, the Indian tax structure has all along been very complex and unpredictable owing to a host of factors, such as a multiplicity of taxes, divergent interpretations, the absence of a coherent administrative set-up coupled with unrealistic revenue targets, and a propensity to resort to amendments (including retrospective amendments), by successive governments. In this decade, for foreign investors, the “indirect transfer” of shares case of Vodafone symbolizes all that has been wrong with the Indian tax system. Despite winning at the Supreme Court, the Government in 2012 retrospectively amended the Income Tax Act, 1961 (“IT Act”) to overcome the Supreme Court ruling and to tax indirect transfers involving foreign companies/investors.

04 July 2017

Economic Laws Practice (ELP) Delhi tax litigation partner Alok Yadav left the firm to go independent on 30 June, over two years after having joined it.

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