Shardul S Shroff
(The following information was supplied by the firm)
Executive Chairman
Shardul has been instrumental in developing and driving the Firm’s vision that is focused on enabling business by providing solutions as trusted advisors, through excellence, responsiveness, innovation and collaboration. He spends his time on guiding the Firm’s strategy and Partners in building strong relationships with clients and each other internally across the Firm. Shardul’s four decades of experience spans across a wide spectrum, including expertise in Insolvency and Bankruptcy, Mergers & Acquisitions, Securities Law, Government Regulations, Disinvestment & Capital Markets, and Debt Recovery, helping build a pole position for the Firm in many of these practice areas.
In a span of four and half years since the Insolvency & Bankruptcy Code was introduced by the Government of India in December 2015, the practice established by Shardul in this domain, has built a leadership position. Under his mentorship, the Firm was recognised as ‘The Best in Insolvency’ at the Asialaw’s Asia Pacific Dispute Resolution Awards 2018.
Other significant engagements include being a member of JJ Irani Committee for amending the Companies Act; the Expert Committee on maintenance of cost records and cost audit in 2014; the Eradi Committee involved in the insolvency provisions of the Companies Act, 1956; the second Naresh Chandra Committee appointed to look into aspects of SMEs and simplification of company law; and the Valuation Committee.
As a preeminent expert in his field, Shardul has been appointed as an independent director on the boards of several top companies operating in India. He has also held top executive positions at various business and legal bodies such as Chairman of the CII National Committee on legal services and arbitration; Chairman of the FICCI Committee on stressed assets and Senior Vice President on the Society of Indian Law Firms (SILF) and Vice-Chair of the Corporate Counsel Committee of the IPBA council.
Practice Focus
Shardul is a much sought after legal expert by both the government and private corporations for advisory and representation on high stake matters related to Insolvency and Bankruptcy proceedings, Mergers & Acquisitions, Securities Law, Government Regulations, Disinvestment and Capital Markets.
He regularly represents high profile clients before National Law Company Tribunal, and Securities and Exchange Board of India. Shardul also has an extensive practice in bank loan recovery actions, debt reconstruction proceedings before the Board for Industrial and Financial Reconstruction (BIFR), asset reconstruction and securitisation under the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (the SARFAESI Act).
He has been a member of the Insolvency Law Committee formed by the Government of India to review the implementation of the Insolvency and Bankruptcy Code. He was also a member of the high-powered Committee to review decriminalisation of offences under the Companies Act and the Committee on Cross-Border Insolvency.