Mumbai-based firm Wadia Ghandi secures practice licenses for Singapore base
Wadia Ghandy & Co is set to launch a fully operational base in Singapore, after partners Ankit Majmudar and Shabnum Kajiji secured their licences to practice in the country. The firm itself was given regulatory approval to establish a Singapore office in June.
“Singapore being a very fast growing economic hub in this part of the world and given that there’s a lot of investment from India and in the South-East Asian region, we are certainly seeing very, very good prospects for legal developments over here,” said another of the firm’s Singapore-licensed partners, Nicole Shroff.
The licenses do not allow the foreign lawyers to appear in court, but the firm is permitted to provide legal advice to clients on mergers and acquisitions and private equity deals that often involve foreign companies investing in India, or to Indian companies investing abroad or listing on the Singapore stock exchange. The firm may also instruct local counsel in arbitration cases under Indian law.