Economic Laws Practice (ELP) Mumbai dispute resolution partner Madhur Baya left the firm last week to start up his own arbitration practice LexArbitri.
“The day I turned a lawyer I knew I would be starting up my own firm. [After] being a partner in a firm and shaping an organisation rather than building one your own way, it is the natural next-step for anyone [to start up]. How soon was the question,” commented Baya, who was part of the team setting up ELP’s dispute resolution practice with practice head Vikram Nankani. “It has been a good run, seven years of building one practice.”
Baya graduated as a cost accountant from the ICAI in 1996 and as lawyer from Udaipur in 2000. He started his legal career in 2003, joining ELP as an associate and was promoted to senior associate in 2005, an associate partner in 2010 and finally a partner at the firm in August 2012.
He is also a qualified solicitor of England & Wales.
Baya said: “Western India is a natural choice [as a regional focus of LexArbitri] - Bombay being its base and since being a one-man army it can’t spread much yet. I have in the past done various sectors – insurance, commodity, oil and gas – and I hope I’ll do all of those.”
“There is no preferred set of clients though I am largely focusing on multi-national corporations because they are lost in the mystical terra firma of arbitration in India. A lot is inexplicable to the non-Indian lawyer – they don’t understand why things happen the way they happen in our country. Often times it more a matter of using the right strategy to make things work,” he added.
ELP partner Nankani commented: “Madhur started his legal career with ELP. After spending more than a decade with ELP, we are happy that Madhur has embarked on the journey of his own with all the experience gained at ELP.”
ELP’s disputes practice had experienced considerable churn since a large defection earlier this year.
Comments
"Baya graduated as a cost accountant from the ICAI in 1996"
He must be a cost accountant from ICWAI or a Chartered Accountant from ICAI.
Which is correct..
Fed up of correcting your mistakes
Thank you for taking pains to correct my mistakes but please feel free not to.
The Institute of Cost Accountants of India (ICAI) is where Madhur graduated from http://www.linkedin.com/pub/madhur-baya/8/415/b14
Best wishes,
Prachi
Apt response. Just wondering, is there a way you could block this fed up dude so that he does not do any favours to mankind, uncalled ones to be precise?
@Jury: Do something productive with your life, in case you have one.
Li is just providing informations and news. And there may be mistakes. This is not a legal book or site. Hope u will understand. I m just saying, because of ur language.
Thank you for taking pains to correct my mistakes but please feel free not to.
The Institute of Cost Accountants of India (ICAI) is where Madhur graduated from http://www.linkedin.com/pub/madhur-baya/8/415/b14
Best wishes,
Prachi[/quote]
Dear Prachi
Jury is right but unfairly rude.
When Madhur graduated it was the Institute of Cost & Works Accountants of India i.e. ICWAI.
Prachi, it would be better if would use the full form so as to not confuse with Institute of Chartered Accountants of India which is also ICAI and a much more prestigious degree.
Prachi has very good material and sources. As an ardent reader I can only respectfully suggest that Kian proofread her articles for grammatical and literary quality.
Best Regards.
Thank you for taking pains to correct my mistakes but please feel free not to.
The Institute of Cost Accountants of India (ICAI) is where Madhur graduated from http://www.linkedin.com/pub/madhur-baya/8/415/b14
Best wishes,
Prachi[/quote]
Dear SS/Prachi..
Apologies if I was sounding rude.
Dear Prachi
Jury is right but unfairly rude.
When Madhur graduated it was the Institute of Cost & Works Accountants of India i.e. ICWAI.
Prachi, it would be better if would use the full form so as to not confuse with Institute of Chartered Accountants of India which is also ICAI and a much more prestigious degree.
Prachi has very good material and sources. As an ardent reader I can only respectfully suggest that Kian proofread her articles for grammatical and literary quality.
Best Regards.[/quote]
Best wishes,
Prachi
Wish you all the very best. Look forward to working with you.
Ah, yes, those terribly befuddled non-Indian lawyers.
Able to document complex commercial transactions,conduct jury trials that produce effective redressal on commercially reasonable timetables, successfully prosecute war criminals at international tribunals....but so confused by the outstretched hands of officials in India, awaiting their payments for discharging their duties. It's all so....mysterious to the non-Indian. Spiritual, even.
Thank the stars that Baya Bhaiya is there to assist these naifs and enlighten them on the glories of India.
Dear ABC,
If you are not concerned then don't read it and most of all reply to it... It is after all "at your own risk"...
Regards.
Best wishes
Kian