The 5 Most Recognized General Counsel to Watch Out in 2024

Vol. 07 | Issue 09 | 2024 www.insightssuccess.in The Power Players Unveiling the Rise of Today's Top General Counsellors General Counsel The Guardians of the Galley How General Counsellors are Shaping Corporate Strategy in the Modern Corpora?ons? Mr. Sanjeev Sachdeva General Counsel, Elan Group A Dazzling Star of Real Estate Excellence and Corporate Acumen

The power of the lawyer is in the uncertainty of the Law. – Jeremy Bentham

Editor’s Note THE GENERAL COUNSEL: FROM GATEKEEPER TO GROWTH CATALYST Gaurav PR Wankhade Managing Editor gaurav.wankhade@insightssuccess.com T he role of the General Counsel has evolved dramatically in recent years. Once primarily seen as a legal gatekeeper, the General Counsel has emerged as a strategic business partner, influencing corporate strategy and driving innovation. of their organizations. Their ability to balance legal compliance with business objectives is critical to the success of modern corporations. As the business landscape continues to evolve, the role of the General Counsel will only become more important. These legal leaders are no longer confined to the confines of the legal department. They are at the forefront of decision- making, shaping corporate culture, and managing complex risks. Their ability to navigate the complexities of the legal landscape while aligning with business objectives is paramount to organizational success. As the business world becomes increasingly complex and regulated, the demand for astute legal counsel has never been higher. These individuals are the architects of a company's legal and regulatory framework, ensuring compliance while fostering a culture of ethical conduct. Ultimately, the most effective General Counsel are those who can balance the need for legal compliance with the pursuit of business growth. They are risk managers, strategic advisors, and change agents, all rolled into one. Recognizing and celebrating the achievements of these exceptional leaders is essential for inspiring the next generation of legal professionals. By highlighting their contributions in this exclusive edition ‘The 5 Most Recognized General Counsel to Watch Out in 2024,’ of Insights Success India, we are spotlighting the role of the General Counsel and foster a culture of legal excellence within organizations. Identifying the most influential General Counsels is a challenging task, as leadership is multifaceted and success is often measured by intangible factors. However, recognizing and celebrating the achievements of these individuals is crucial in inspiring the next generation of legal leaders. These legal leaders are more than just lawyers; they are trusted advisors who help shape the future Read on and Enjoy! Gaurav PR Wankhade Managing Editor gaurav.wankhade@insightssuccess.com

Cover Story pr of il es 08 20 20 AP Legal Chambers Modern Classic Law Firm 24 24 36 36 Joachim & Janson Law Firm with a Global Perspec?ve and Universal Reach King Stubb & Kasiva The Perfect Corporate Legal Counsellors Articles 16 16 32 32 What’s in a Name? The Benami Brouhaha! -Deepak Chopra and Priya Tandon The Power Players Unveiling the Rise of Today's Top General Counsellors 28 28 40 40 The Guardians of the Galley How General Counsellors are Shaping Corporate Strategy in the Modern Corpora?ons? The GC Evolu?on The Evolving Role of the Modern General Counsel in Leading the Business Forward A Dazzling Star of Real Estate Excellence and Corporate Acumen

Vol. 07 | Issue 09 | 2024 www.insightssuccess.in The Power Players Unveiling the Rise of Today's Top General Counsellors General Counsel The Guardians of the Galley How General Counsellors are Shaping Corporate Strategy in the Modern Corpora?ons? Mr. Sanjeev Sachdeva General Counsel, Elan Group Editor-in-Chief Pooja M. Bansal General Counsel Managing Editor Gaurav PR Wankhade Assisting Editor Prajakta Zurale A Dazzling Star of Real Estate Excellence and Corporate Acumen sales@insightssuccess.in JULY, 2024 Visualizer Sandeep Tikode Art and Design Head Sameen Arif Associate Graphic Designer Nagaraj Patil Corporate Offices: Insights Success Media and Technology Pvt. Ltd. Survey No.133/134, Brand Square, Office No. 512, Kunjir Chowk, Pimple Saudagar, Pune, Maharashtra 411027 Phone - India: +91 7410079881/ 82/ 83/ 84/ 85 Email: info@insightssuccess.in For Subscription: www.insightssuccess.in Featuring Description Vice President Swapnali Vasaikar Asst. Vice President Tejaswini Whaval Asst. Manager Nitin Patil Team Lead Pratiksha Jagtap Sr. BDE Ashwini Kamble Firm AP Law Chambers is a young and dynamic multi-speciality law firm led by Adv Anand Kumar and Adv Aditya Kishor, who have several decades of experience in providing legal services to domestic and international clients across sectors. Adv Anand Kumar V and Adv Aditya Kishor Tyagi, Founding Partners AP Legal Chambers As the General Counsel, Mr. Sachdeva's is heading legal and secretarial function of the Group, and handling litigation and corporate matters, transactions, and legal documentation. Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-602-1754 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com Mr. Sanjeev Sachdeva, General Counsel Elan Group Technical Head Prachi Mokashi Technical Specialist Rajeshwari Avhad Anup Joachim T., Advocate, Founder and Chief Legal Consultant Anup led Joachim and Janson is an intellectual property management firm for all sorts of IP management services providing trademark registration services for business organizations and corporate bodies. Joachim & Janson Digital Marketing Manager Renuka Kulkarni SME-SMO Executive Nikita Khadalkar Circulation Manager Tanaji Fartade Jidesh Kumar's King Stubb & Kasiva is a national law firm with a global outlook, strong international links, and one with a nationwide presence. Jidesh Kumar, Managing Partner King Stubb & Kasiva Priyanka Kumar is a partner at TT&A with particular focus on debt capital markets and finance sector. Talwar Thakore & Associates (TT&A) Priyanka Kumar, Partner Cover Price : RS. 350/- https://twitter.com/insightssuccess Follow us on : www.facebook.com/insightssuccess/ We are also available on Copyright © 2024 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success Media and Technology Pvt. Ltd. Reprint rights remain solely with Insights Success. Printed and Published by Insights Success Media and Technology Pvt. Ltd. RNI NUMBER: MAHENG/2018/75953

Mr. Sanjeev Sachdeva A Dazzling Star of Real Estate Excellence and Corporate Acumen I began my career in corporate secretarial roles and transitioned to legal advisory in real estate due to my keen interest in corporate laws and real estate transactions. Mr. Sanjeev Sachdeva General Counsel | Elan Group

The 5 Most Recognized General Counsel to Watch Out in 2024 T of this uprising stands Mr. Sanjeev Sachdeva, a dazzling star of legal excellence and corporate acumen, making him one of the most recognized General Counsels to watch out for in 2024. he modern Indian real estate and infrastructure industry has been revolutionized. At the forefront New Delhi. Over thirteen years at the firm, he collaborated closely with the Managing Partner Mr. Amitabh Chaturvedi and developed core expertise in legal and corporate matters, including Real Estate, Corporate Laws, and Intellectual Property Rights. He managed a Pan-India real estate portfolio for various multinational corporations, developers and others and provided professional legal services for large-scale real estate and infrastructure transactions, corporate and real estate advisory and supported establishments in the health sector. Additionally, he ventured into real estate and infrastructure litigation, gaining vast experience in corporate advisory, transaction advisory, due diligence, documentation and intellectual property rights. and transaction documentation for approximately six years. Mr. Sanjeev then advanced to Emaar India Limited as General Counsel and Head of the Legal Department, India. Here he headed the portfolio of high-end RERA litigations (including RERA mediations), consumer litigation, demerger litigation, land development transactions, high stake erstwhile JV partners litigations, complex land and transactional related documentation and issues, due diligences, corporate matters, corporate documentation, transaction documentation and transaction advisory. With a distinguished academic background that includes a bachelor's degree in commerce and a law degree, both from the prestigious Delhi University, along with the completion of the Company Secretary (Intermediate) Course from the Institute for Company Secretaries of India, Mr. Sanjeev's credentials are a testament to his dedication and expertise. With a professional tenure spanning approximately twenty-eight years, he has consistently provided legal services with vigour, zeal, and professionalism. He has represented clients and companies before various government departments, ministries, and statutory authorities on matters related to Real Estate and Infrastructure Development. Mr. Sanjeev's professional journey commenced at Paam Pharmaceuticals (Delhi) Limited as an Assistant Company Secretary, where he honed his corporate secretarial skills over five years. His responsibilities included overseeing the corporate and secretarial functions of three widely held listed companies and liaising with regulatory bodies such as SEBI, stock exchanges, the Ministry of Corporate Affairs, and the erstwhile Company Law Board. Seeking new career opportunities, Mr. Sanjeev joined Gumberg India Private Limited as Head of Legal, where he offered his expertise for approximately four years. His work involved legal services with respect to FDI, mall development & construction, project documentation, project execution, leasing with reputed retail brands and developments in the real estate sector, due diligence etc. litigation. Subsequently, he moved to M3M Group as Senior Vice President - Legal & Secretarial Function. Here, he managed high-stakes land acquisition transactions, litigations, corporate matters, corporate documentation, Throughout his career, Mr. Sanjeev has been instrumental in transaction documentation, offering transaction advisory, corporate advisory and managing high-end litigations through close coordination with external legal agencies. His professional traits of 'sincerity', 'integrity', 'honesty', and 'dedication' have earned him a well- deserved reputation in his field. On the Path to Excellence In his words, Mr. Sanjeev says, "I began my career in corporate secretarial roles and transitioned to legal advisory in corporate, real estate and infrastructure due to my keen interest in corporate laws and real estate and infrastructure transactions. The dynamic nature of law and its potential for significant societal impact motivated me to step into this ecosystem." The dynamic nature of law and its potential for significant societal impact motivated me to step into this ecosystem. Following this, Mr. Sanjeev joined the esteemed law firm MINE & YOUNG, Advocates & Legal Consultants,

Mr. Sanjeev's recognizes Mr. D. K. Dhingra, Advocate; Mr. Nikhil Kulshrestha, CS; Mr. Amitabh Chaturvedi, Advocate and Mr. A.K. Maini, a legal professional as his mentors and holds highest regards for them. Sustainability is not just a buzzword for Elan Group; it's a core principle. Mr Sanjeev adds, "We integrate eco- friendly practices and technologies into our projects, minimizing environmental impact while creating energy-efficient spaces." This commitment to the future ensures a healthy and sustainable living environment for its residents. The Trustworthy Leader changing, and staying ahead of the curve allows us to deliver the best possible solutions to our customers." Recognized as a driving force behind Elan Group's tremendous success, Mr. Sanjeev's approach to leadership involves fostering a collaborative environment, encouraging continuous learning, and empowering team members. He says, "By promoting a culture of trust and accountability, we build strong, motivated teams that drive organizational success." "Finally, customer satisfaction is the ultimate measure of our success," says Mr. Sanjeev, ensuring that they listen actively to feedback and use it to refine their offerings continuously. "User- friendliness and effective problem- solving are at the forefront of everything we do. By creating a seamless customer experience, we strive not only to meet expectations but consistently exceed them." Today, as the General Counsel for Elan Group, Mr. Sanjeev's extensive experience, unwavering commitment, and exemplary leadership in legal and corporate affairs position him as Elan Group doesn't settle for the ordinary. Mr. Sanjeev says that they push boundaries with innovative designs that are both aesthetically pleasing and functionally superior. Their design teams are constantly exploring new ideas and implementing cutting- edge concepts to create truly unique living and commercial experiences. The essence of future real estate lies in innovation, disruptions, and enhancing the end-user experience. Accepting this fact, Mr. Sanjeev says that by integrating innovative technologies and incorporating sustainable, technology- driven infrastructure, they streamline operations while maintaining a strong focus on understanding and exceeding customer expectations. "Regular feedback loops and adaptive strategies help us achieve operational excellence and high customer satisfaction." A Standout General Counsel Elan Group is a prominent name in the Indian real estate sector, renowned for its exceptional residential and commercial projects. Established with a vision to redefine living and working spaces, Mr. Sanjeev shares that they've carved a niche for themselves through a commitment to excellence and a deep understanding of customer needs. These core values—integrity, i n n o v a t i o n , a n d c u s t o m e r satisfaction—are more than just a philosophy; they are the driving force behind Elan Group's decisions and actions. By prioritizing these principles, Mr. Sanjeev ensures that they build strong customer relationships, gain a competitive edge, and ensure sustainable growth for the future. Finally, Elan Group prioritizes strategic locations. "We understand that a property's location plays a crucial role in its value and overall experience," says Mr. Sanjeev, adding that their projects are situated in prime areas with excellent connectivity, access to amenities, and high growth potential. According to Mr. Sanjeev, Elan Group's guiding philosophy is built on three p i l l a r s . " O u r g u i d i n g principles—integrity, innovation, and customer satisfaction—are evident in every aspect of our development process." These principles are not just words; they are the foundation upon which trust and success are built, he says. A Principled Triumph Mr. Sanjeev also believes that digitalization and technological advancements are crucial aspects of the modern real estate ecosystem. He adds, "We leverage digital platforms for sales, marketing, and customer service and use advanced construction technologies to enhance project efficiency and quality. Our commitment to continuous technological integration ensures we remain at the forefront of industry innovation." Mr. Sanjeev furthers that Elan Group stands out in the real estate market for its unwavering commitment to several key principles. First and foremost is a resolute focus on quality. "We use only the finest materials and construction practices, ensuring our projects are not only beautiful but also built to last for generations. This dedication to quality translates into lasting value for our customers." This combination of unwavering commitment to quality, trust, sustainability, innovative design, and strategic location sets Elan Group apart. "Our relentless pursuit of excellence and deep customer focus has earned us a well-deserved reputation as one of the leading developers in the real estate market. We don't just build properties; we create experiences that redefine what's possible in real estate." Integrity is paramount. "We believe in conducting all our transactions with transparency and honesty. Customers deserve to have all the information readily available to make informed decisions. We avoid hidden fees or misleading practices, fostering a genuine connection built on trust." Trust is another cornerstone of the Elan Group philosophy. "We understand that buying property is a significant decision, and we strive to build trust through transparency in every step of the process. Open communication and clear information empower our customers to make informed decisions with confidence." Elan Group's USPs include a strong emphasis on quality, trust, sustainability, innovative designs, and strategic locations. Innovation is the lifeblood of Elan Group. "We constantly push boundaries, embracing cutting-edge technologies to enhance our products and services. We understand that the landscape is ever-

Transformational Ethos A Prolific Advice demographics, and location dynamics allows real estate developers to make informed decisions that lead to long- term success. "By fostering strong relationships and staying attuned to market needs, entrepreneurs can navigate the complexities of the real estate sector and build a flourishing business," he states. Elan Group has achieved remarkable success. Mr. Sanjeev highlights one transformative project: Elan Miracle. The iconic retail landmark is a gleaming combination of high-street retail, hospitality, and vibrant entertainment. "This project exemplifies our commitment to excellence and innovation, setting new benchmarks in the real estate industry," he states. A thriving business landscape is the backbone of a robust Indian economy. Businesses act as catalysts, accelerating the nation's economic potential and capacity for growth. They create jobs, drive innovation, and contribute significantly to the national GDP. Scripting India's Growth Story For aspiring entrepreneurs, says Mr. Sanjeev, the path to success is paved with strong values. Integrity should be the cornerstone of every business decision. Building trust with customers, partners, and employees fosters a positive environment that encourages collaboration and growth. Looking ahead, in 2024, he envisions Elan Group expanding its footprint with more innovative and sustainable projects. "We aim to set new standards in real estate and infrastructure development, enhancing urban living and contributing significantly to India's growth story," concludes Mr. Sanjeev, whose contributions and influence are set to shape the present and future of the real estate industry. Mr. Sanjeev ardently believes that the workforce is the cornerstone of every successful organization. He says, "We foster a culture of growth by providing continuous training, encouraging professional development, and recognizing employee achievements." Empowerment comes from entrusting employees with responsibilities and supporting them with the resources they need to succeed. Innovation is the lifeblood of any successful business. The ability to adapt to changing market conditions and embrace new technologies is crucial for staying ahead of the curve. Continual innovation allows companies to offer unique solutions and cater to evolving customer needs. As a leader in India's real estate sector, Elan Group has faced its share of challenges. Sharing one particular incident, Mr. Sanjeev recalls, "During the pandemic, our team's resilience and ingenuity were evident in how we swiftly adapted to remote working and digital customer engagement." This quick adaptation ensured business continuity and client satisfaction despite unprecedented challenges. But a relentless focus on value is paramount, insists Mr. Sanjeev. Businesses must prioritize delivering exceptional value to their customers. This means understanding customer pain points and crafting solutions that effectively address those needs. Value can encompass superior quality, competitive pricing, exceptional service, or a combination of these factors. If we desire The COVID-19 pandemic has indeed reshaped industries globally, says Mr. Sanjeev. "At Elan Group, we have developed robust contingency plans, including digital transformation, flexible work arrangements, and diversified supply chains. These measures ensure that we are better prepared to handle future uncertainties and maintain operational stability," he informs. respect for the law, we must ?rst make the law respectable The real estate sector, in particular, demands a focus on relationship building and market understanding, says Mr. Sanjeev. Developing strong networks with investors, contractors, and regulatory bodies is essential for smooth project execution. Additionally, a deep understanding of market trends, Louis D. Brandeis

one are the days when general counsels (GCs) G wielding immense influence and navigating a complex landscape that demands not just legal expertise, but also business acumen and leadership. were seen as mere legal guardians within a company. Today, they are strategic power players, The Evolving Role of the General Counsel The modern GC's responsibilities extend far beyond reviewing contracts and managing litigation. They are now expected to be: Unveiling the Rise of Today’s Top General Counsellors Trusted Advisors: Guiding CEOs and boards through critical decisions, offering strategic insights on legal and regulatory implications. Risk Navigators: Proactively identifying and mitigating potential risks across various areas, from data privacy to compliance issues. Dealmakers and Negotiators: Leading complex mergers and acquisitions, ensuring favorable terms for the company. Corporate Governance Champions: Enhancing corporate governance practices and fostering a culture of ethical conduct. Diversity and Inclusion Advocates: Championing diversity and inclusion within the legal team and the broader organization. The Making of a Top GC Becoming a top GC requires a unique blend of skills and experience: Deep Legal Knowledge: A solid foundation in corporate law, contracts, and regulatory compliance is essential. Business Acumen: Understanding the company's business model, industry trends, and financial implications of legal decisions. Leadership and Communication: Ability to lead and motivate in-house legal teams, effectively communicate complex legal issues to non-lawyers, and influence decision-making at the highest levels. Strategic Thinking: Foresight and the ability to anticipate potential legal and regulatory challenges on the horizon. Innovation and Adaptability: Embracing new technologies and constantly evolving legal landscapes. The Power Players 16 | www.insightssuccess.in July, 2024 17 | www.insightssuccess.in July, 2024

Showcasing the GC Powerhouse abreast of changes in laws and regulations, providing timely advice to ensure compliance and avoid legal pitfalls. Subscribe Today This article wouldn't be complete without highlighting some of the ways top GCs are making a difference: Shaping Industry Practices: Leading GCs are actively involved in shaping industry best practices and advocating for regulatory reforms. Driving Corporate Social Responsibility Today's GCs are also champions of corporate social responsibility (CSR). They help integrate CSR initiatives into business operations, ensuring that companies contribute positively to society while meeting their legal obligations. Stay in touch. Building Strong Legal Teams: They cultivate diverse and talented legal departments, fostering a culture of collaboration and continuous learning. Subscribe to Insightssuccess Get Insightssuccess Magazine in print, & digital on www.insightssuccess.in Crisis Management Leaders Driving Business Growth: By mitigating risks and securing favorable deals, they play a vital role in driving sustainable business growth. In times of crisis, GCs are indispensable. They lead crisis management efforts, offering legal guidance and strategic support to navigate through challenging situations, whether it's a data breach, regulatory investigation, or corporate scandal. Promoting Corporate Social Responsibility: Many GCs are integrating environmental, social, and governance (ESG) considerations into their decision-making processes. The Rise of the Powerhouse GC: Steering the Course for Modern Businesses In today's complex business landscape, the role of general counsels (GCs) has evolved significantly. These legal power players are not just advisors but integral to strategic decision-making, risk management, and corporate governance. www.insightssuccess.in The landscape of corporate leadership is undergoing a seismic shift. Gone are the days when general counsels (GCs) were seen as solely legal guardians within a company. Today, they've emerged as influential power players, wielding immense influence and shaping the very future of businesses. This rise marks a significant transformation in the corporate world, and understanding this evolution is crucial. Strategic Advisors Modern GCs go beyond legal advice, acting as key strategic advisors. They work closely with executive teams to shape business strategies, ensuring alignment with regulatory frameworks and ethical standards. The Future of the GC Role Risk Management Experts As the business world continues to evolve, the role of the GC will undoubtedly take on even greater significance. They will need to stay ahead of the curve, embracing technological advancements like AI and blockchain, and preparing for emerging legal and regulatory challenges. GCs are pivotal in identifying and mitigating risks. They develop comprehensive risk management strategies, addressing everything from compliance issues to potential litigation, thereby safeguarding the company's reputation and assets. The rise of today's top general counsels marks a significant shift in the corporate world. They are no longer confined to legal matters but are influential power players shaping the future of businesses. By acting as strategic advisors, risk managers, corporate governance champions, and crisis leaders, GCs are essential to the success and sustainability of modern organizations. Cheque should be drawn in favour of : INSIGHTS SUCCESS MEDIA AND TECH PVT. LTD. Corporate Governance Champions General counsels play a crucial role in maintaining robust corporate governance. They ensure that companies adhere to legal standards and ethical practices, fostering transparency and accountability within the organization. CORPORATE OFFICE Insights Success Media and Technology Pvt. Ltd. Survey No.133/134, Brand Square, Office No. 512, Kunjir Chowk, Pimple Saudagar, Pune, Maharashtra 411027. Phone - India: 020- 7410079881/ 82/ 83/ 84/ 85 USA: 302-319-9947 Email: info@insightssuccess.in For Subscription : www.insightssuccess.in Act as if what you do makes a difference. By understanding the evolving role and impact of today's top GCs, businesses can appreciate the strategic value they bring to the table. These legal powerhouses are no longer just behind the scenes; they are architects of success, navigating an increasingly complex landscape and ensuring their companies are well-positioned for a bright future. Navigating Complex Regulations The regulatory environment is continually evolving. GCs help businesses navigate these complexities by staying 18 | www.insightssuccess.in July, 2024

The 5 Most Recognized General Counsel to Watch Out in 2024 AP Legal Chambers Modern Classic Law Firm L iving on the edge of today and tomorrow, progress is the only way forward. The advancement happens when the gold of old-world experience and expertise is combined with the new age technological innovations to create a holistic path of sustainability. In the world of the legal profession, AP Legal Chambers is renowned for creating that progressive future by offering pragmatically proactive solutions to all its diverse clientele. where they had to make peace with what truly slipped between the cup and the lip. With this outlook and a great team, they were certain that AP Legal Chambers will always be prepared to face the challenges. This very perk has enabled the Firm to become one of the most reliable premier law firms in India. The journey which started with a fascination is successfully getting continued with passion and hope to sustain and even exceed the current transformation levels in future. Under the competent leadership of Adv Anand Kumar V and Adv Aditya Kishor Tyagi, Founder Partners, the Firm advises on the widest range of topics to businesses, industries, institutions, and individuals in varied areas of law. Adv Anand and Adv Aditya––two highbrowed and like-minded first-generation advocates––founded the Firm in 2017. The primary catalysts for anyone venturing into the legal space are drive and motivation, always. The same should resonate with carefully executed thought processes as this profession allows them to test themselves daily. Adv Anand reflects, “I feel I was destined to get into the legal realm as supposedly against my own accord. The present-day of legal sodality provides an opportunity to amplify our rational views owing to the magnitude of the fast-moving world, which made me realize the motivation to pursue law was more intrinsic rather than from any external factors. I feel there is still a void for good lawyers in niche practice areas.” Adv Anand says, “We are delighted to introduce AP Legal Chambers, Advocates & Solicitors as a new age law firm with a tinge of old charm in it owing to the work ethics and professionalism we have imbibed from the legal lineage we come from.” Our technical expertise and uncompromising ethical practice have been the secret to our success. The options to specialize in different facets of law and the prospect of excelling in that particular field opens a plethora of opportunities to first-generation law aspirants. “I, too, was guided by this phenomenon. Adding to it the ability to comprehend the situations and analyze pros and cons of the likely outcomes of every scenario carved to what I’m today,” adds Adv Aditya on his part. He is complemented by Adv Aditya, “Our firm is based out of Delhi-NCR, with a branch office in Chennai and associate offices in major cities of India.” Adv Anand Kumar V and Adv Aditya Kishor Tyagi, Founding Partners AP Legal Chambers The Fulcrum of Legal Spectrum Since then, they have provided solution-centric legal services to a wide spectrum of Indian and International Clients in specialized fields of law. Their Firm’s journey through the ebb and flow of legal practice has been nothing short of fiction. The Law of Distinction AP Legal Chambers, Advocates & Solicitors is one of the distinct law firms in India to have ISO certification for Quality Management Systems (9001:2015). According to Adv Anand and Adv Aditya, they are a process-driven organization with each individual independently and In the days of beginning, on many occasions, they have had their piece of the pie. However, the real challenge was that of those times when they pulled off without giving up, 20 | www.insightssuccess.in July, 2024 21 | www.insightssuccess.in July, 2024

collectively working towards excellence and perfection. They always strive to exceed the expectations of their clients, which include corporates from all sectors, financial investment institutions, governments, trading institutions and NGOs. managing the recurring overheads task. Yet, Adv Aditya reveals, “We had the patience and composure and every time we had our backs against the walls, we had the resilience to come back stronger. We maintained our equanimity throughout these initial ordeals and turned many question marks into exclamation marks!” APLC provides legal services in all major business areas, including corporate and commercial laws focussing on the overall framework of operations, compliances, disclosures, framing of rules and advising the management on special transactions, Mergers and Acquisitions, taxation, finances and intellectual property. The Firm also handles matters relating to Constitutional Laws, Property Laws, and Energy Laws. They provide their clients with the highest-quality advice and legal insights, which reflects the Firm’s brand “global standards with local expertise.” They have their presence in the legal industry for the past half a decade, and their primary driving forces of consistency, professionalism and transparency have yielded success and client’s confidence. Adv Anand feels, “We have been catering Corporates, LLPs, Firms, and Individual clients in different spheres of law.” While “Our technical expertise, put together with our uncompromising ethical practice, has been the secret to our success,” believes Adv Aditya. According to them, the technological impact on the legal industry in recent years is significantly positive, and as individuals and as a law Firm, they are embracing the change wholeheartedly. “Clients approach us to get specialized services in foreign investment and foreign contribution regulatory compliances,” says Adv Anand. They seamlessly adapt to the changing requirements of the time and deliver under pressure situations. Adv Aditya says, “I feel in the legal profession there are many variables like changes in local and international laws, the timing of a particular decision etc. that directly determine the outcome of a matter; we ensure we categorically address to each variable to the extent possible.” Techno-Legal Wisdom Adv Anand accepts, “We have come quite a distance from our old school of litigation and documentation, but in this ‘technology journey,’ we haven’t even reached the halfway mark.” Advocates have a collective responsibility to use technology for their clients’ benefit and save the precious time of the courts. “What we need to understand is that at the end of the day, we can provide access to justice to a person in the remotest locations of India, and we need to be judicious and grateful to the technological developments, but at the same time we are not comprehending the overwhelming capabilities of Artificial Intelligence or Machine Learning in the legal industry and the importance of data-driven litigation.” There is a healthy partner culture in the law firm, where the partners share a common vision and purpose, possess respect towards one another, deal fairly and honestly with everyone, and lastly, believe in brainstorming to bring out a dynamic view in problem-solving discussions for dealing with varying issues and difficulties. APLC is sufficiently equipped to handle cross-border transactions while having a well-liaised arrangement with global firms to provide their clients access to a network of high-quality international solicitors. They learn, unlearn and relearn simultaneously, which is one of their unique strengths. “With utmost humility, I say that our exceptionally skilled and well-credentialed colleagues are our biggest asset and USP,” says Adv Anand. but self-care and mental health cements your place because we can never achieve our goals by abusing our body and mind and conveniently blame our luck to abandon the dreams in the middle.” Credibly Trumping Challenges A Visionary League of Lawyers Adv Aditya adds, “In APLC, we have adopted the complete digital work culture using cloud storage methods where we can access and manage the documents electronically anywhere and anytime.” If required, they also provide data- driven and efficient industry-proven solutions. By following these things, they can provide their clients with an enhanced user experience and empower them to make informed decisions. Speaking about challenges, they say that as they began practising, they gradually understood the societal, economic, intellectual and interpersonal impact of lawyers in the country. However, a typical first-generation lawyer’s phase has always been understated, and the effect was never voiced out. “It was always about the wisdom we possess combined with the perseverance in work that will strengthen the journey towards our objective,” says Adv Anand. On envisioning AP Legal Chambers’ future in the long run, both partners say that, as one knows, for any law firm developing foresight is one of the most important traits for sustenance. “We are a strong patron for the famous saying ‘He who starts with everything finishes nothing.’ Having said this, we started with a simple vision of becoming one of the finest Indian law firms by exceeding our own stringent benchmarks and our clients’ expectations. How we accomplish this? The answer is straightforward: practising integrity in whatever we do, believing in, respecting and elevating the people who matter the most–our team. We consider our work-life culture a strong force that augurs well with our vision to succeed,” says Adv Aditya. In their advice to the young generation of legal enthusiasts, Adv Anand says, “I would ask the young aspirants to take a minute and think deeply about what drives their desire to practice law?” Your first year of practice may be daunting and humbling, but it’s an eye-opener. It is important to recognize where your passion lies early on to use it as fuel in the present and as a planner for the future. Some might even feel that advocacy is demanding and high-pressured, remain unfazed and aim high. You may be tempted to channel all your energy to please a client, but always be transparent and honest with them because nothing charms like the truth. Typical of all first-generation advocates, they were also in a dilemma to choose a lucrative offer in a company versus starting their law firm. They chose the latter, and the decision was not rosy at the start and could not be vindi- cated as it came with its share of riders. They had occasions where they served certain clients pro bono, though this was their source of bread and butter. As for goals, the immediate short-term goal is to venture into new horizons through networking with professionals from different domains and build a core team of like- minded people who complement them in the growth and expansion of their Firm. “We have a strategic plan which is not just set in numbers, but consists of freedom, actions, duties and collective responsibilities of all team members,” concludes Adv Anand. However, the relationship and the credibility developed among the clients boosted their enthusiasm to learn and serve, making their firm reach among a diverged class of new clients. During their initial stages of independent practice, recovering the consideration from some clients for the services provided would make them less patient while Adv Aditya supplements, “Another tip which I would like to share is grit, and determination can take you places, July, 2024 23 | www.insightssuccess.in July, 2024

The 5 Most Recognized General Counsel to Watch Out in 2024 24 | www.insightssuccess.in July, 2024 25 | www.insightssuccess.in July, 2024

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The Guardians of the Galley How General Counsellors are Shaping Corporate Strategy in the Modern Corporations? I n the high-stakes world of modern corporations, where navigating legal complexities and maximizing opportunities are paramount, a new breed of leader has emerged – the General Counsel (GC). Forget the image of a stoic lawyer buried in legalese; today's GCs are strategic powerhouses, wielding immense influence and shaping corporate strategy from the helm. Beyond the Law: The Evolving Role of the GC Gone are the days when GCs were seen as mere legal guardians, handling contracts and litigation. Now, they are trusted advisors, confidants to CEOs and boards alike. Their expertise extends far beyond the courtroom, encompassing: Strategic Navigation: Guiding companies through complex legal and regulatory landscapes, anticipating risks and identifying opportunities for growth. Dealmaking Prowess: Leading intricate mergers and acquisitions, ensuring favorable terms that propel the company forward. Risk Management Champions: Proactively identifying and mitigating potential legal, financial, and reputational risks across the organization. Corporate Governance Guardians: Ensuring ethical conduct and upholding the highest standards of corporate governance. • • • • 28 | www.insightssuccess.in July, 2024 29 | www.insightssuccess.in July, 2024

Champions of Diversity: Spearheading initiatives to foster diversity and inclusion within the legal team and the broader company culture. • into business-relevant insights. The ability to lead and inspire legal teams, communicate complex legal issues to non-lawyers, and influence decision-making at the highest levels. Effective communication is key to building trust and buy-in from stakeholders across the organization. The Making of a Modern GC: A Unique Skillset Excelling as a GC demands a unique blend of skills that go beyond legal acumen: Foresight to anticipate potential legal challenges in the ever-evolving regulatory landscape, and the ability to craft proactive solutions. Their strategic vision ensures the company remains adaptable and prepared for future scenarios. Embracing new technologies and constantly evolving legal landscapes, such as data privacy regulations and the rise of blockchain. GCs need to be at the forefront of legal innovation to ensure the company thrives in a dynamic environment. Building strong relationships with key stakeholders across the organization, fostering a culture of collaboration. A collaborative approach allows them to leverage diverse perspectives and create holistic solutions. They actively shape industry best practices and advocate for regulatory reforms that benefit the business environment. Their voice carries weight in industry discussions, influencing the playing field for all companies. They build diverse and highly skilled legal teams, fostering a culture of continuous learning and excellence. Their leadership attracts and retains top legal talent, which is critical for navigating complex legal issues. By mitigating risks and securing favorable deals, they play a pivotal role in driving sustainable growth. Their strategic approach empowers the company to seize opportunities with confidence. Many GCs are integrating environmental, social, and governance (ESG) considerations into corporate decision-making. Their leadership champions responsible business practices, contributing to a more sustainable future. Business Acumen: A deep understanding of the company's business model, industry trends, and the financial implications of legal decisions. Leadership and Communication: The ability to lead and inspire legal teams, communicate complex legal issues to non-lawyers, and influence decision-making at the highest levels. Strategic Thinking: Foresight to anticipate potential legal challenges and the ability to craft proactive solutions. Innovation and Adaptability: Embracing new technologies and constantly evolving legal landscapes, such as data privacy regulations and the rise of blockchain. Collaboration and Relationship Building: Building strong relationships with key stakeholders across the organization, fostering a culture of collaboration. • • • • • The GC Powerhouse in Action: Shaping the Corporate Landscape The impact of top GCs goes far beyond legal compliance: Industry Leaders: They actively shape industry best practices and advocate for regulatory reforms that benefit the business environment. Talent Magnets: They build diverse and highly skilled legal teams, fostering a culture of continuous learning and excellence. Growth Enablers: By mitigating risks and securing favorable deals, they play a pivotal role in driving sustainable growth. Social Responsibility Advocates: Many GCs are integrating environmental, social, and governance (ESG) considerations into corporate decision-making. • Steering the Course for a Brighter Future • As the business world continues to evolve, the role of the GC will become even more crucial. They will need to adapt to emerging trends such as artificial intelligence and the ever-changing regulatory landscape. The ability to navigate these complexities will be vital in ensuring a company's long-term success. • • The rise of the modern GC is a testament to the evolving needs of corporations. They are no longer confined to the legal department; they are strategic powerhouses shaping the course of businesses. By understanding the multifaceted role, they play, businesses can leverage the expertise of their GCs to navigate the challenges and opportunities of the future. Excelling in this transformative role requires a unique blend of skills that transcend legal expertise: A deep understanding of the company's business model, industry trends, and the financial implications of legal decisions. They must be able to translate legal complexities 30 | www.insightssuccess.in July, 2024

Article What’s in a Name? The Benami Brouhaha! or years, transgressors seem to have laundered F transgressors often invest in opaque properties or corporate facades, real or beneficial owners of which do not ostensibly appear on any public record. This has the potential of thwarting economic development, hampering business operations, perpetuating crimes and compromising national security. Therefore, to contain the flow of illicit funds in the economy and to expose the real or beneficial owners (or “warm bodies”) behind corporate facades, stringent compliances and offences have been brought into effect by the Legislature in India. While the masquerade and Legislatively backed unmasking continues, fundamental and established principles of law seem to have been annihilated or given a go-bye by authorities in-charge of implementation. been made. Given the potential of such purchases to generate and hold tax evaded black money, the President promulgated the Benami Transactions (Prohibition of the Right to Recover Property) Ordinance, 1988, which was ultimately superseded by the Act. The Act, in its current form, covers three subjects, viz., the purchases or the “benami property”, the name lender or the “benamidar” and the real title holder or the “beneficial owner”. As per the Act, “benami property” means: enormous sums of money from the system by entering into transactions anonymously. Such Deepak Chopra (I) any property, which is transferred to or is held by a person, consideration for which has been provided or paid by another person, being the person for whose immediate or future or direct or indirect benefit the said property is held by the first mentioned person. shall be punished with rigorous imprisonment for a term not less than 1 year, but which may extend to 7 years and shall also be liable to fine, which may extend to 25% of the fair market value of the property. Priya Tandon benami property is held by a benamidar. (ii) any property, which is a subject matter of a transaction or arrangement carried out or made in a fictitious name. Egregious Application of the Act - Exemplified: Every person is prohibited to enter into a “benami transaction”. Any property, which is subject matter of a benami transaction, is liable to be confiscated by the Central Government. A benamidar is prohibited from re- transferring a benami property held by him/ her to the beneficial owner or any person acting in his/ her behalf. In the event such re-transfer occurs, the same shall be deemed to be null and void. In light of the above background, this article examines the recent trends under the Benami Transaction (Prohibition) Act, 1988 (“Act”). It concludes that ground-level implementation of the Act has diluted the legal separation of a corporation from its owners, by egregious application of the doctrine of “lifting the corporate veil”. It is true that factual construct of each case requires due consideration in determining whether the provisions of the Act have appropriately been invoked. However, the present article delves into one specific trend, which has the potential of turning the foreign investment prospects of India upside down. Shares purchased by a company in another company is treated to be a benami property and the company purchasing the shares, a benamidar. Further, directors of the company purchasing the shares are treated to be “dummy directors” and consequently, also benamidars, acting for and on behalf of the beneficial owner. A company with whom the company purchasing shares enters into a transaction, including a transaction for (iii) any property, which is a subject matter of a transaction or arrangement, where the owner of the property is not aware of or denies knowledge of such ownership. (iv) any property, which is a subject matter of a transaction or arrangement, where the person providing the consideration is not traceable or is fictitious. Structure of the Act: A benamidar, beneficial owner or any other person, who abets or induces any person to enter into a benami transaction, to defeat the provisions of any law or to avoid payment of statutory dues or to avoid payment to creditors, “Benami” translates to “no name” or “nameless”. Simply put, it refers to purchases in the name of a name lending person, who does not pay any consideration for such purchases, such consideration having been paid by the real title holder, for whose benefit purchases have in actuality As per the Act, a “benamidar” means a person or a fictitious person, in whose name the benami property is transferred or held, including a person who lends his/ her name. Further, as per the Act, a “beneficial owner” means a person, whether his identity is known or not, for whose benefit a 32 | www.insightssuccess.in July, 2024 33 | www.insightssuccess.in July, 2024

availing any credit facility, is treated to be a beneficial owner. Such re-characterization is typically done by authorities in-charge without specifically alluding to any benefit underlying the alleged benami transaction and accordingly, based entirely on irrelevant considerations. Inter-alia, such considerations include business operations and/ or expenses of the company purchasing shares, as indicated in its financial statements; association of the said company and/ or the alleged “dummy directors” with the alleged beneficial owner; capital infusion in the company purchasing shares and eventual utilization thereof; and commonality in geographical location and/ or contact details of individuals responsible for affairs of the company purchasing shares and the alleged beneficial owner. Pertinently, such re-characterization is done by turning a blind eye to declarations filed before and accepted by various Governmental authorities, such as the those specifically empowered by the Ministry of Corporate Affairs and the Ministry of Finance. veil is entitled to be lifted (and consequently, pierced) on the basis of mere surmises and without insinuation of any benefit, is an emphatic no. This is more so where the concerned corporate duly observes formalities and completes records, which stand accepted by relevant departments of the Government. Standing Committee on Finance (2015-16), Sixteenth Lok Sabha, Ministry of Finance, Department of Revenue, Twenty-Eighth Report, April, 2016; and Rajya Sabha debate dated 02.08.2016. of corporate veil is permissible in expanding horizon of modern jurisprudence. Singer India Limited vs. Chander Mohan Chandra, [2007] 7 SCC 1 (Supreme Court). • • • • • • • • • • • Section 2(8) read with section 2(9)(A) of the Act. Section 2(8) read with section 2(9)(B) of the Act. Section 2(8) read with section 2(9)(C) of the Act. Section 2(8) read with section 2(9)(D) of the Act. Section 2(10) of the Act. Section 2(12) of the Act. Section 3(1) of the Act. Section 5 of the Act. Section 6(1) of the Act. Section 6(2) of the Act. Section 53 of the Act. Vodafone International Holdings B.V. (Supra). State of Rajasthan vs. Gotan Lime Stone Khanji Udyog, [2016] 4 SCC 469 (Supreme Court). In view of the above, the recent trend of lifting the corporate veil in the quest of the phantom owner, shrouded in mystery, is legally untenable, inasmuch as the same is done basis irrelevant considerations, without specifying the benefit available to such owner by putting in place a corporate façade and/ or in utter disregard to the view taken by relevant departments of the Government. Life Insurance Corporation of India vs. Escorts Limited & Ors., [1986] 1 SCC 264 (Supreme Court). Juggilal Kamlapat vs. CIT, AIR 1969 SC 932 (Supreme Court). Conclusion: Balwant Rai Suleja vs. Air India Limited, [2014] 9 SCC 407 (Supreme Court) and CIT vs. Sahu Investment Mutual Benefit Co. Ltd., [2017] 86 taxmann.com 129 (Allahabad High Court). Prism Scan Express Pvt. Ltd. vs. The Initiating Officer, DCIT (BPU – 2), Mumbai, appeals bearing FPA-PBPT- 1079/Mum/2020, FPA-PBPT-1080/Mum/2020 and FPA- PBPT-1085/Mum/2020, decision dated 15.12.2023 (Appellate Tribunal), appeals wherefrom were withdrawn on account of review having been filed before the Deputy Commissioner of Income-Tax. Refer in this regard, Prism Scan Express Pvt. Ltd. vs. Deputy Commissioner of Income-Tax, appeal bearing (ST) No. 10480 of 2024, order dated 29.04.2024 (Bombay High Court). In the opinion of the author, the said decision is not good law, inter-alia, being against the decisions in UOI vs. Ganpati Dealcom (P.) Ltd., [2022] 141 taxmann.com 389 (Supreme Court); Kalyan Buildmart (P.) Ltd. vs. Deputy Commissioner of Income-tax (Benami Prohibition, Jaipur, [2021] 131 taxmann.com 99 (Rajasthan High Court); and Nexus Feeds Ltd. vs. ACIT, [2022] 137 taxmann.com 494 (Telangana High Court) [as affirmed in ACIT vs.Nexus Feeds Ltd., [2023] 153 taxmann.com 466 (Supreme Court)]. The above-mentioned trend is likely to perpetuate reluctance in attracting and sustaining foreign investment, in complete contradiction to India’s assurance of ‘Ease of Doing Business’. Difficulty in predicting return on investment with precision over a span of time, is an impediment to businesses entering and navigating the system. Such prediction is only possible where regulations are coherent and certain; authorities in-charge of implementation are approachable and partner with businesses to understand the skills needed to ensure that businesses thrive; and economic policies remain uncontroversial. Businesses, law makers and officers in- charge of implementation have to work in collaboration to maximize opportunities, keeping the competitive advantages relevant to a jurisdiction in mind. Only a stable win-win situation is likely to transform India into a premier destination for ‘Ease of Doing Business’. As regards the above, at the very outset, attention is directed at the decision in Salomon vs. Salomon, which firmly established the concept of “corporate veil”. “Corporate veil” refers to legal separation of a corporate from its owners, capacitating the corporate to own property and/ or to sue and be sued in its own name and insulating the owners from corporate debts. The principle that a corporate is a separate legal entity, capable of holding property and suing and being sued in its own name, was further solidified in certain subsequent decisions. The metaphorical veil is entitled to be “lifted” (and consequently, “pierced”) and the separate entity status of a corporate disregarded, where the veil is misused as a protection against mischief done or there exists sufficient unity of interest between the corporate and its owners. Indostar Capital vs. ACIT, [2019] 105 taxmann.com 96 (Bombay High Court). Glebe Trading (P.) Ltd. vs. ITO, [2020] 116 taxmann.com 866 (Income Tax Appellate Tribunal). Supra Note 24. Inter-alia, corporate veil is entitled to be lifted (and consequently, “pierced”) where there is clear-cut evidence of siphoning of funds and defrauding creditors; it is reasonable to conclude that the corporate was incorporated or is being used for tax evasion; and the corporate acts against public interest or in a manner that perpetuates crime. The doctrine of lifting of corporate veil stands as an exception to the general principle that a corporate is a separate legal entity. Therefore, the said doctrine should be applied restrictively and with circumspection, where evidence of and rationale behind a corporate being a mere façade is writ large. A conclusion to the contrary is likely to open floodgates of bringing every corporate structure within the radar of the Act. Therefore, as per the available jurisprudence, the answer to the question whether corporate (1) 12 App. Cas. 589 (House of Lords). Charanjit Lal Chowdhury vs. UOI, 1950 SCC 833 (Supreme Court); Bacha F. Guzdar vs. CIT, [1954] 2 SCC 563 (Supreme Court); Vodafone International Holdings B.V. vs. UOI, [2012] 6 SCC 757 (Supreme Court); Carrasco Investments Ltd. vs. Special Director, Enforcement Directorate, 1991 SCC OnLine Del 317 (Delhi High Court); and PCIT vs. UTV Software Communication Ltd., [2019] 103 taxmann.com 12 (Bombay High Court). In the decision in State of UP vs. Renusagar Power Co., [1988] 4 SCC 59 (Supreme Court), it was held that lifting 34 | www.insightssuccess.in July, 2024 35 | www.insightssuccess.in July, 2024

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The 5 Most Recognized General Counsel to Watch Out in 2024 38 | www.insightssuccess.in July, 2024 39 | www.insightssuccess.in July, 2024

T he role of the General Counsel (GC) has evolved significantly in recent years, transforming from a primarily advisory position to a strategic leadership role integral to business operations. This evolution reflects broader changes in the legal landscape, technological advancements, and the increasing complexity of regulatory environments. Below are key aspects of this transformation. The Evolving Role of the Modern General Counsel in Leading the Business Forward Strategic Advisorship Modern GCs are now expected to act as strategic partners within their organizations. This shift involves providing proactive legal guidance that aligns with business objectives, thereby influencing decision-making processes. GCs contribute insights on regulatory compliance, corporate governance, and risk management, which are crucial for driving sustainable growth and mitigating potential liabilities. Navigating Regulatory Complexity As regulations proliferate across various industries, GCs face the challenge of navigating this complexity. They must stay informed about changes in laws related to data privacy, cybersecurity, and environmental sustainability, developing agile compliance strategies to maintain organizational resilience and competitiveness. Embracing Technology and Innovation The rise of legal technology has reshaped how legal services are delivered. GCs are increasingly leveraging tools such as contract management software and data analytics to enhance efficiency and reduce costs. Moreover, they are championing the use of data-driven insights to anticipate legal risks and inform strategic decisions. Fostering a Culture of Ethics and Compliance In an era of heightened scrutiny regarding corporate conduct, GCs play a pivotal role in promoting a culture of ethics and compliance. They establish compliance frameworks, conduct audits, and implement training programs to ensure adherence to legal standards, thus safeguarding the organization’s reputation. Driving Diversity, Equity, and Inclusion GCs are also at the forefront of initiatives aimed at promoting diversity, equity, and inclusion (DEI) within the legal profession. They advocate for diverse hiring practices 40 | www.insightssuccess.in July, 2024 July, 2024

and foster inclusive workplace cultures, which not only enhance organizational performance but also contribute to broader social progress. The future of the GC is bright, but it demands a new set of skills and competencies. The GC of tomorrow will be a strategic leader, a risk manager, a business partner, and a champion of ethical conduct. Adapting to Crisis Management The Future Scenario Setting goals is the first step in turning the invisible into the visible. The role of the GC becomes especially critical during crises, such as regulatory investigations or cybersecurity breaches. GCs lead cross-functional responses, liaise with stakeholders, and provide legal guidance to mitigate risks, demonstrating the importance of calm and effective communication during turbulent times. The Modern GCs are no longer confined to managing legal risks; they are now integral to shaping corporate strategy, fostering innovation, and ensuring ethical governance. As businesses face increasingly complex regulatory environments and global challenges, GCs are expected to possess a deep understanding of the business, collaborate across departments, and lead with a forward-thinking approach that balances legal prudence with business acumen. - Tony Robbins The role of the General Counsel (GC) has undergone a seismic shift in recent years. Once primarily viewed as a legal gatekeeper, the GC has emerged as a strategic business partner, playing a pivotal role in shaping corporate strategy and driving growth. This evolution highlights the necessity for GCs to be adaptable, proactive, and influential leaders in steering their organizations toward sustainable growth. The modern General Counsel is no longer just a legal advisor but a strategic leader who plays a crucial role in shaping business strategy and navigating complex legal landscapes. As they continue to adapt to technological advancements and evolving regulatory demands, GCs are positioned to lead their organizations forward in an increasingly complex environment. Today's GC is expected to be more than just a legal expert. They must possess a deep understanding of the business, be able to navigate complex regulatory environments, and contribute to high-level decision-making. The GC is increasingly involved in mergers and acquisitions, risk management, and corporate governance. Beyond legal expertise, the modern GC must be a champion of corporate culture and values. They are responsible for ensuring ethical conduct and compliance with all relevant laws and regulations. Additionally, the GC must excel at relationship building, both internally and externally. Moreover, the GC must be a champion of corporate culture and values. They are responsible for ensuring ethical conduct and compliance with all relevant laws and regulations. In addition, the GC must be adept at managing relationships with external stakeholders, including regulators, investors, and the public. As the business landscape continues to evolve, so too does the role of the General Counsel. The GC of the future will be a strategic leader who can anticipate challenges, mitigate risks, and drive business success. By embracing technology and innovation, the GC can enhance efficiency, improve decision-making, and deliver greater value to the organization. Ultimately, the success of the GC is inextricably linked to the success of the business. As the business landscape becomes increasingly complex and dynamic, the GC's role continues to evolve. They must be able to anticipate challenges, mitigate risks, and seize opportunities. By leveraging technology and data analytics, GCs can enhance their ability to provide strategic counsel and support business objectives. 42 | www.insightssuccess.in July, 2024

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The 5 Most Recognized General Counsel to Watch Out in 2024

The 5 Most Recognized General Counsel to Watch Out in 2024

Presentation Transcript

Unit 5 Watch out!

General Counsel

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