Regulatory disputes firm Neeti Niyaman plans to have a presence across the country, and opening its first office outside of Delhi in Mumbai is part of its expansion plan. “Starting out as a firm with a focus on regulatory practice, diversifying our portfolio of services and having a pan-India presence is our long-term goal,” founding partner Sakya Chaudhuri told India Business Law Journal.
“We feel that there is an unaddressed market for regulatory practice in Mumbai, besides the potential for developing banking, real estate, general corporate and arbitration practice. That apart, our decision to start with our Mumbai office was largely influenced by the insistence of our existing clients.”
Chaudhuri founded the firm in April 2017 with Avijeet Lala and Anand Shrivastava after leaving HSA Advocates. The three had also worked in the same team at Trilegal. The firm has 15 lawyers and is expanding its practice areas to projects, corporate commercial and arbitration.
Former HSA associate partner Vaidehi Naik, with a background in corporate and commercial litigation and arbitration, joins the firm as counsel. “Vaidehi’s exit from HSA coincided with our plan for the Mumbai office. While the partners will be spending significant time in Mumbai for business development and execution of assignments, Vaidehi will be playing a major role in client servicing on a day-to-day basis,” said Chaudhuri.
Chaudhuri said he planned to develop the firm’s practice as a law chamber with a focus on growth and legal expertise of its lawyers. “The aim is to provide junior lawyers with an enabling atmosphere to hone their legal skills while working in teams.”
Among notable deals, the firm represented the West Bengal government in the Supreme Court in a public interest litigation involving an investigation by the Central Bureau of Investigation into a coal blocks allotment; it represented Tata Power Trading in a matter involving allegations of illegal gains; and advised Sterlite Transmission on restructuring of transmission assets in Punjab and Jammu and Kashmir states.