Mayank’s practice focuses on corporate and commercial litigation, particularly, shareholders’ disputes, minority investors’ protection, contract enforcement, insolvency and bankruptcy and disputes relating to white collar crimes. He frequently represents the firm’s clients before the National Company Law Tribunal, Appellate Tribunal, High Court(s) and the Supreme Court of India. He provides legal advice on diverse issues to firm’s clients on potential and ongoing disputes.
In addition, Mayank advises and represents clients in commercial arbitrations (domestic and foreign), arising out of shareholders’ agreements, concession agreements, other investment agreements and commercial contracts. He has conducted institutional arbitrations outside India. Mayank works with the securities and capital market team of the firm and has represented clients in appellate proceedings before the Supreme Court of India.
Some of his recent assignments include:
- Represented and acted for a client of the firm in an ICC Arbitration at Paris, France, in disputes with relation to connected contractual issues regarding the ownership of controlling shares of a Petrochemical Company. He is presently representing the client in the damages phase (estimated to be in excess of INR 20 billion) of the ICC arbitration
- Acting for and advising two major financial services providers in the power sector in several proceedings against debtors under the Insolvency and Bankruptcy Code before the NCLT and the NCLAT
- Advising and acting for a foreign PE fund in their disputes before the NCLT and the Supreme Court with other stakeholders and the state government arising out of a shareholders’ concession agreement amid a corporate debt restructuring of the investee company
- Advising and acting for a power sector investor in dispute with promoters which involves investigation into the affairs of the investee company and its dealings with the promoters
- Advised and acted for an Indian promoter in its dispute with Japanese technology provider in relation to a joint venture company formed for construction of super critical thermal power projects in India. A multi-pronged litigation strategy involving suit for procurement of breach of JV agreement, proceedings before the Company Law Tribunal, and initiation of arbitration led to a favourable settlement for the client
- Successfully defended a charge of ‘fraudulent and unfair’ trade practice made by SEBI against a stock broker before the Supreme Court
- Successfully enforced a foreign award rendered at London in favour of a UK- based Sugar Trader against an Indian party
Mayank has been practising law since 2004. Before joining JSA’s disputes practice, he worked as a junior advocate in the chamber of Mr. Raju Ramachandran, Senior Advocate, Supreme Court of India. He assisted Mr. Ramachandran during final arguments before the Cauvery Water Dispute Tribunal for the state of Kerala.