MZM Legal

India

Review

Dispute resolution

MZM Legal is famed for its white-collar crime prowess and having a seasoned litigation team that covers a wide suite of practice areas. In the Indian context, MZM is a distinctive firm as it provides both advisory and litigation services and gives expert assistance to clients in government and prosecutorial investigations. Its white-collar crime department offers solutions ranging from preventive compliance, defence and strategy, to prosecution. Apart from criminal litigation, the lawyers have a long, successful track record of handling complex, high-value and sensitive international commercial arbitrations, investor-state and ad hoc arbitrations, and international commercial disputes in various institutional forums. In terms of sectors the team covers, they include aviation, construction, energy, media and communications, banking, insurance, international trade and investments, international finance, intellectual property, maritime, and technology and telecommunications.

Managing partner Zulfiquar Memon and senior partner Waseem Pangarkar are the key contacts.

In one high-profile matter, the team is defending Bavaguthu Raghuram Shetty in legal proceedings emanating from what has been called one of the biggest financial frauds of the 21st century. Summarily, it involves fraud perpetrated by senior management of the companies promoted by the client. The fraud embroiled Shetty, who is facing legal proceedings across the globe, starting from class action suits in the US, to regulatory proceedings in the UK to recovery proceedings in UAE and India.

Additionally, the firm is representing the promoters of Housing Development and Infrastructure in a high-profile criminal investigation by the elite Economic Offences Wing, Mumbai in relation to allegations of financial fraud and embezzlement arising out of their and the group’s alleged outstanding[WC(1]  debt with PMC Bank. The alleged irregularities have led PMC Bank to be placed under the control of a Reserve Bank of India administrator with a consequent moratorium on withdrawal and banking operations. The matter has been the subject of significant national attention.

In one international arbitration case, the firm is acting for Karamtara Engineering under the Centre for Arbitration and Mediation Santiago rules for international arbitration. The client has filed against a respondent company involved in handling electricity transmission line projects based out of Chile and is a special purpose vehicle formed under the aegis of two of the most reputed companies in Chile in the electricity and power sector.

The team welcomed new partner Mohammad Shine, an experienced litigation lawyer with over 16 years under his belt handling criminal and civil litigation. Previously he had his own independent practice.

Notable recent clients include Bennett Coleman Company, Essar Shipping, National Spot Exchange, OGD Services and Tata Power.

Client feedback

“The firm is able to present its case for its clients well and prepare all pleadings.” – Shipping

“The lawyers provided very bespoke and on-point advice after truly understanding our commercial needs and using a deep understanding of the Indian legal landscape in this area.” – White-collar crime

“They are responsive, team players, communicative and knowledgeable.” – White-collar crime

“The team’s planning, strategy and advice are excellent. Their court preparation is thorough and meticulous, leaving no stone unturned. They’re excellent all round and have amazing response times regardless of time zones.” – White-collar crime

Abhishek Gupta

“His out-of-the-box thinking is commendable. He is a good draftsman and can present the case well.”

Parvez Memon

“Excellent strategist. His knowledge of law is encyclopaedic!”

Zulfi Memon

“Great client skills and a real problem solver.”