With the new amendments brought in the Arbitration & Conciliation Act in 2019, the Delhi High Court decided the issue of applicability of the amended Section 29 A (1). INDUSLAW’s Sushmita Gandhi and Anamika Singh discuss the Delhi High Court judgme...
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Sushmita has over
15 years of extensive experience advising clients on
a variety of commercial disputes across sectors, including Banking &
Finance, Insolvency & Restructuring, and arbitrations, particularly in the
areas of construction, projects and infrastructure, and investments.
She
has advised lenders, borrowers, advisors, and other intermediaries in complex
local and cross-border financing transactions across major debt financing
disciplines.
Sushmita
has handled several domestic and international arbitrations, representing
clients in institutional arbitrations in India and abroad and she has also
advised on corporate and commercial disputes, appearing before a variety of
forums, courts, and tribunals. Sushmita has acted both as, briefing counsel and
lead advocate in several domestic arbitrations and arbitrations administered by
SIAC, ICC, LCIA, DIAC with seats in India, Singapore, Dubai and London.
In
particular, she has a wealth of experience in handling proceedings against some
of the biggest debt defaulters in India; in domestic and cross border insolvency
litigation and advisory work relating to the Insolvency and Bankruptcy Code;
and in international arbitrations.
Sushmita is also
a fellow of the Chartered Institute of Arbitrators, UK and Prime Disputes, UK.
Sushmita
started her career in the stressed assets division of Kotak Mahindra Bank and
was part of the team, which set up Phoenix ARC (an asset reconstruction company
promoted by the Kotak group).
Prior
to joining INDUSLAW,
Sushmita has worked for leading Indian law firms.
Sushmita
regularly authors articles and publications on the Insolvency and Bankruptcy
Code, Arbitration and Conciliation Act, Banking laws etc. which are published
by leading journals such as India
Business Law Journal, SCC Online; Manupatra and Mondaq. She is a
regular speaker on the subject at various events and summit across the globe
and her views on various legal issues are often published in leading newspapers.
Most recently, Sushmita
has been ranked as ‘‘Future star’’ for commercial and transactions by Benchmark
Litigation Asia-Pacific 2022. She has also been enlisted as a Recommended
Lawyer by Legal500 Asia Pacific edition, 2022 in the field of Litigation, White
Collar Crimes and Insolvency and Bankruptcy. She was recognized as one of the
top individual lawyers in the field of Litigation, Arbitration and Insolvency
and Bankruptcy in Forbes-Legiquest Legal Powerlist 2020 and 2021. LexTalk World
Forum awarded Sushmita the “Top 50 legal Falcons” in 2020.
publications
All publications