Regius Legal

India

Review

Dispute resolution

Multi-service law firm Regius Legal has a special focus on dispute resolution and civil and criminal litigation. The firm was established in 2018 with dispute resolution as the core pillar of its offering. Now, the Mumbai-based firm houses over 40 lawyers. The team has a solid track record of handling high-profile and media-sensitive cases involving serious criminal charges for a wide range of clients. On the commercial disputes side, the team is experienced in all stage of commercial litigation, handling a variety of transactional, real estate, commercial, shareholders disputes, and liabilities like debt collections, fraud, procurement claims or administrative battles.  

The main disputes contacts are founder Kiran Jain, senior partner Ish Jain and partner Heenal Jain. All three specialise in dispute resolution and white-collar crimes.

In a widely reported matter, the firm defended a client that is a shareholder of KS Chamankar Enterprises in relation to a slum and non-slum project involving the government of Maharashtra. The Anti-Corruption Bureau filed charges against the firm’s client and others for corruption and money laundering. The point raised in litigation is that the Slum Rehabilitation Authority (SRA) cannot issue notice and terminate the right of development since in the agreement with the government of Maharashtra, a non-slum project is developed and handed over to the government of Maharashtra. Since this is a combined project of slum and non-slum plot, the SRA, which is a planning authority under the state of Maharashtra, is bound by the agreement. Since KS Chamankar Enterprises and its shareholders have already handed over the constructed area in lieu of giving them development rights of the slum and non-slum plot, the termination of the project by the SRA authorities is unjust.

The firm is working with the CEO of Nitco Tiles before the National Company Law Tribunal in an oppression and mismanagement case filed for his share of 46.36% shareholding. The lawyers are representing the client before an interim resolution professional to secure a property that had been attempted to be usurped under the auction of another company. In another real estate-related highlight, the team acted for Royal Developers against the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (SAFEMA) authority, the Mumbai Metropolitan Region Development Authority, the disputing land owners as well as occupants on the property. The new flat purchasers have consented to appoint the client to complete the construction. The case entails some major and distinctive questions of law for the real estate industry: if the property is purchased through sources which do not fall within the ambit of the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, then can the property obtained through these sources be acquired[WC(1] ? And if a third party, right, title and interest is already created before the notice under SAFEMA is issued, can the property still be forfeited?

BrightmentBuiltscapes[WC(2] , Jainam Realtors, Prabhav Gruh Nirman, and Shubh Enterprises also engaged the firm last year for their contentious matters.