Khaitan Legal Associates

India

Analysis

Overview

Khaitan Legal Associates is a highly regarded law firm in India, recognised for its expertise in multiple practice areas, including dispute resolution, restructuring and insolvency, insurance, and banking and finance. The firm is led by prominent individuals such as Sakate Khaitan, an expert in insurance and banking and finance; Smiti Tewari, specialising in dispute resolution and insolvency; Dhiraj Mhetre, known for his work in commercial litigation and corporate matters; and Varsha Jalan, who focuses on banking and finance. Together, they helm a team of experienced lawyers who bring specialised insights to sectors like infrastructure, energy, financial services, technology and manufacturing.

Dispute resolution

Work highlights

Successfully represented an asset reconstruction company in initiating corporate insolvency resolution proceedings against various companies in the financially stressed Arshiya group. 

Advised a client in ongoing arbitration proceedings against a hotel company concerning breach of contractual obligations related to a letter of intent. The dispute involves complex legal questions regarding commercial contracts and bank guarantees.

Insurance

Work highlights

Represented an India-based chemicals company in an insurance dispute involving an industrial all risks policy, successfully obtaining an arbitrator's appointment for adjudicating material damage and business interruption claims. This matter addressed key issues of arbitrability and the interconnection of claims in light of evolving arbitration laws in India. 

Advised a large Indian manufacturer of agro-chemicals in disputes with a public sector insurance company related to material damage and business interruption claims exceeding Re2.5 billion ($29 million). The firm secured a favourable outcome before the Madras High Court, leading to the appointment of a sole arbitrator for the case.