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Chambers Review

Provided by Chambers
Dispute Resolution - India
3
Band 3
What the team is known for

Economic Laws Practice is active on a broad variety of commercial and regulatory disputes, with a primary focus on contentious tax and insolvency disputes. The team is also well versed in handling infrastructure and banking matters before regulatory tribunals, as well as white-collar crime matters. It frequently works alongside international law firms on high-profile, cross-border mandates. The dispute resolution practice is further enhanced by a dedicated arbitration team, which covers both domestic and international cases. Clients include JM Baxi Ports and Logistics, Larsen & Toubro Transportation Infrastructure and Adani Wilmar.

Strengths

"They are very responsive and helpful, particularly for a non-Indian company and customer, very helpful, thorough and concise in explaining the Indian court system."

"ELP is one of the best firms that I have come across."

Work highlights

Economic Laws Practice acted for Unit Trust of India Trustee and Unit Trust of India Asset Management in a dispute over the sale of 26% of shares of UTI Trustee by the sponsors of UTI Mutual Fund.

Notable practitioners

Naresh Thacker is a sought-after litigation and arbitration lawyer in Mumbai. He is renowned for his expertise in tax cases, while he further handles a range of commercial disputes, both at a local and international level. "Naresh Thacker is great and very responsive. He works in a challenging system and has been proactive where he can be. He's very conscious to keep the costs down where possible, very commercial." "Naresh is very experienced, has excellent strategic outlook and insight and provides very comprehensive advice on strategy and sometimes out-of-the-box thinking on how to move issues forward."

Ranked Lawyers at
Economic Laws Practice

Provided by Chambers
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Band

India

Dispute Resolution: Arbitration

2
Naresh Thacker
2
Band 2
Dispute Resolution: Mumbai-based

1
Naresh Thacker
1
Band 1