Anti-Corruption 2025

INDIA Trends and Developments

Trends and Developments Contributed by: Kamal Shankar, Atul N Menon, Arjun Narang and Shivam Jain AZB & Partners

AZB & Partners was founded in 2004 as a col - laboration between the founding partners, Mr Ajay Bahl, Ms Zia Mody and Mr Bahram Vakil. With a clear purpose of providing reliable, prac - tical and full-service advice to clients across all sectors, and having grown steadily since inception, AZB & Partners now has offices in Mumbai, Delhi, Bangalore and Pune as well as an accomplished and driven team of over 500 lawyers committed to delivering best-in-class

legal solutions to help clients achieve their ob - jectives. Its greatest strength is an in-depth un - derstanding of legal, regulatory and commercial environments. This strength allows the firm to provide bespoke counsel to its diverse clientele and to assist them in negotiating dynamic and volatile business environments. The firm was ranked in Chambers and Partners’ 2023 global ranking as a leading firm.

Authors

Kamal Shankar is a partner in the dispute resolution team of the Delhi office of AZB &

Atul N Menon is a counsel and part of the litigation and dispute resolution team of the Delhi office of AZB & Partners. Atul has over 12 years’ experience, and advises and represents

Partners. Kamal has roughly 20 years’ experience in corporate and commercial disputes, as well as in conducting trials of complex white- collar crimes, having been involved with several high-profile trial matters in the country. Kamal has advised and represented large corporations and directors/promoters in courts across the country in relation to a wide variety of white-collar crimes arising under general penal laws and special penal statutes, such as offences pertaining to money laundering, foreign exchange violations and corruption. He has also assisted investigation agencies tasked with investigating corporate crimes in preparation of procedural manuals of investigation.

multinational and Indian companies as well as investigation agencies in white-collar, financial and audit-related criminal matters before various courts. Atul was an active member of the team that successfully represented a leading telecommunications company and its promoter in the famous 2G matter. Atul also successfully represented a leading telecommunications company and its promoters in an insider trading matter, and was instrumental in quashing criminal matters against a leading retail direct-selling company in India.

233 CHAMBERS.COM

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