INDIA Trends and Developments
Trends and Developments Contributed by: Shailaja Lall and Uday Opal Shardul Amarchand Mangaldas & Co
Shardul Amarchand Mangaldas & Co (SAM), found- ed on a century of legal achievements, is one of In- dia’s leading full-service law firms with the ISO/IEC 27001:2022 certification ‒ the latest global bench- mark for Information Security Management Systems. The firm’s mission is to enable business by providing solutions as trusted advisers through excellence, re- sponsiveness, innovation and collaboration. SAM is known globally for its exceptional practices in merg- ers and acquisitions, private equity, competition law, insolvency and restructuring, dispute resolution, in- ternational commercial arbitration, capital markets, banking and finance, tax, intellectual property, data
protection and data privacy, white-collar crime, tech- nology law and infrastructure, energy and project fi- nance. With the full suite of Harvey AI functionalities, the firm has a pan-India presence and has been at the helm of major headline transactions and litiga- tions in all sectors, besides advising major multina- tional corporates on their entry into the Indian market and their business strategy. Currently, the firm has over 900 lawyers including 186 partners, offering le- gal services through its offices in New Delhi, Mum- bai, Gurugram, Ahmedabad, Kolkata, Bengaluru and Chennai.
Authors
Shailaja Lall is an equity partner and heads the insurance and reinsurance practice at Shardul Amarchand Mangaldas & Co. Shailaja has worked extensively in the field of insurance law for more than 25 years, advising
Uday Opal is a partner at Shardul Amarchand Mangaldas & Co and helps lead the firm’s Insurance & Reinsurance practice. Uday is widely recognised as a go-to adviser for the full spectrum of non-contentious and
insurers, reinsurers, insurance intermediaries and financial services entities on transactional and regulatory matters, including share and business acquisitions, joint ventures, distribution agreements, bancassurance arrangements and group reorganisations. Shailaja is recognised as a Band 1 practitioner by Chambers and Partners and is a member of Confederation of Indian Industry’s National Committee on Insurance and Pensions. She was also the vice-chair of the Lex Mundi insurance and reinsurance practice group (2012‒16).
contentious insurance matters and acts for many of the world’s largest (re)insurance groups, leading intermediaries, private equity sponsors, investors, conglomerates, statutory industry bodies, insurtechs and fintechs. With more than 13 years’ dedicated experience, he combines deep sectoral knowledge with a practical appreciation of commercial objectives, enabling him to deliver strategic, technically assured and solution-oriented advice across the life, non-life and reinsurance markets.
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