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After completing your law degree in 2012, you decided to pursue a CS qualification. What motivated you to choose law as a career, and how has your CS degree contributed to your professional journey?
I pursued my law and CS degree simultaneously. My father suggested enrolling in CS course alongside law as he had this preconceived notion that students who are academically disinclined, choose law. But as fate would have it, the combination of law and CS turned out to be a powerful skill set for me. During my academic years I began to realise the profound impact of law and how a well-established legal system can be used as a means for promoting social progress and addressing business challenges. After interacting with Company Secretaries, I began to see the role of CS as KMP which puts you in a position to drive and manage the board members/ stakeholders- decision makers and driving force of any corporation. The combination has played an imperative role in my professional journey as it bridges Law and Business. In my shoes of an Inhouse counsel, I can have a broader perspective of business challenges, industry development and how to navigate the business through legal landscape by formulating a strong legal structure for catering to increasing business demands, stakeholders’ investment which comes with potential liability exposure, and compliance requirements.
In the beginning of your career where you assisted clients with secretarial services, corporate structuring, and compliance, what were the key learning experiences that shaped your approach in the early years of your career?
After completing my law and CS degree, I accepted an offer from a corporate consultancy firm Bansal & Co. My initial years in the industry were full of sprits, as I worked with renowned clients with various industries including insurance, pharmaceuticals, food, technology, manufacturing, and education. After a few years I moved to a Fashion TV, Paris (India office) as an assistant legal manager where I spent generous amount of time to learn and understand the complexity and challenges of a foreign entity to establish business in India. In Fashion TV, I was responsible for legal and regulatory compliances associated with business and to safeguard the interests of businesses by being compliant with India’s legal framework.
Early in my career, many of my batchmates joined as fresh graduates in different set ups. But over time, I noticed that only a few of them could survive the harsh reality in the legal profession. The legal field is undeniably demanding and exposes you to its share of challenges. And soon I realized that the only way to address these challenges is by ensuring we stay committed to our respective legal journeys.
My sole motive has been how to align the spirit of law with the business strategic approach to make legal compliance a tool which enables a business to expand and not to be considered as an obstacle. But to implement that It’s also important not to give up, but to keep trying and influencing the business and the leaders and the senior management to bring about the positive and constructive changes which are very good for your organization. Basically, these are some of the learnings and the insights and the trends that I think are extremely important
Having worked at Fashion TV and Bansal & Co. in a Legal Manager & CS role, you transitioned to a law firm later. How did the culture differ between these organisations, and could you share a particularly challenging case you encountered in your time at Gravitas Legal?
Shifting to a Law firm was a life changing decision and was quite a challenging environment to work into. This shift was starkly different from my earlier roles. I have had the privilege of working with exceptional lawyers/ mentors who have been or continue to be part of my journey.
My role at Gravitas Legal proved to be the perfect foundation for the lawyer in me today. They taught me how crucial it is to pay attention to detail in drafting any kind of legal document and application of the law therein. Though it was difficult to manage the demanding nature and expectations of clients, I learned to have a broader and proactive approach to address the complexities of the business propositions which refined my skills. While handling the project finance transactions, I also got an exposure to hard core litigations in insolvency laws and got the opportunity to work on diverse cases which helped me build a strong foundation in corporate laws.
My time in Gravitas was a humbling and eye-opening experience and after spending a few years, began my journey as an in-house counsel, armed with a balanced perspective from both worlds.
In the context of contract management at Meiden T&D, a power transformer manufacturing company, how do you manage dispute resolution and mitigate the risk of litigation through the use of airlock supply contracts, and what strategies are employed to ensure seamless execution while avoiding disputes?
In Meidensha, I am responsible for contract management which includes setting up legal processes and internal policies for all stages of contract including standardisation of all contracts. Being a manufacturing industry, most of our contracts are driven through subcontracting, it leads to many legal complexities and multiple litigations on back-to-back contracts. Such disputes are common in industries like construction, infrastructure, manufacturing, and service contracts where multiple parties are involved in the execution of one project. Hence recognition of legal rights makes it very challenging to litigate and mitigate risk.
I strive to keep a proactive approach while executing the contracts considering the interest of both the parties and allocating the risk equally and fairly between the parties. Our contracts clearly set out terms such as KPI- (Key performance Indicators), clear scope of service, incorporating informal discussions, ADR clauses wherein pre litigation mediation between the parties are encouraged to avoid issues escalating to litigations.
Over the years of my experience in dispute resolution leading to corporate litigation, I have developed an understanding that the fate of any litigation significantly depends on the jurisdiction of the courts that have authority. In India, the judicial process is a long road which is lengthy, costly due to ceiling of counsel’s and court fees. Hence a thorough cost-analysis and financial implications also become part of strategic considerations. Wherever possible, I aim to explore alternative mechanisms for dispute resolution to achieve faster and mutually agreeable outcomes.
However, I strongly pursue litigation cases where the dispute raises an important question of law that requires intervention and adjudication, or where ADR’s method might set an unfavourable precedent, thereby impacting the interests of the company. On the other hand, if the dispute involves a relatively minor contractual issue and resolution is in the best interest of the company, we recommend a settlement route which allows us to mitigate risks, preserve business relationships with our vendors and consumers.
In your current role, how do you maintain operational efficiency and ensure a smooth workflow while preventing burnout within your team?
I believe that an efficient team is an asset and that without collaboration nothing can be achieved at the Lead position where I am today. For optimal efficiency, you have to be able to trust yourself and be extremely energetic while you upskill. I strongly believe It is very important to know your team, their goals, ambitions, strengths and weaknesses and one must really show your team that you love them, and you care for their growth as well. To prevent burn out, I make efforts for effective communication in understanding the personal and professional difficulties my teammates are going through via meetings and get-togethers to build trust and improve relationships.
As the Legal Head and Company Secretary of MEIDEN T&D (INDIA) LIMITED can you elaborate on how you manage your role? How do you stay updated with evolving regulatory requirements?
As a Company Secretary and Legal Head, I am responsible for the overall legal affairs of the company which includes minimising legal risks and to ensure compliances are in order so as for Meidensha to tread along their inspiring journey.
Currently, I am leading a legal and secretarial team of Meidensha Corporation, India, where I oversee both the legal and secretarial functions. I’m responsible for developing the company’s legal strategy, managing risk, and ensuring that our business growth is aligned with legal and regulatory frameworks.
My legal responsibilities are quite broad and include overseeing the legal structure of the Company, mitigating legal risks, managing contracts, and providing guidance on employment law and corporate governance. I also handle regulatory compliance, disputes, and work on arbitrations and litigations. Additionally, I support law enforcement agencies when needed and ensure that compliance management becomes more robust. My role ensures that legal considerations are integrated into decision-making processes, helping drive sustainable growth while managing risks. On the policy front, I’m responsible for drafting, implementing the policies by engaging with regulators and responding to government regulators that affect our business.
For a manufacturing industry, the constant flux of statutory and regulatory regulations makes compliance management quite challenging hence it makes it imperative to be updated and on your toes. I actively pursue to set up a stable legal regulatory framework by being in touch with the industry experts, while preparing the opinion on day-to-day strategic management, by upskilling, by conducting regular audits, by using the compliance management tools etc.
Given the demanding nature of your work environment, how do you manage to balance your professional and personal life? What activities or practices help you unwind and recharge?
It is necessary to complete the work assigned and live up to your professional commitments, but on the other hand you must prioritize your personal life as well. I strongly encourage and maintain a healthy work life balance by setting boundaries at my workplace. I keep an approach to maintain a professional and personal balance by structuring the office work within 9 hours of schedule and not to stress of my work and my professional life in my personal time. When I am not working, I ensure that I spend quality time with my parents, friends, and with my loved ones, when you don’t stress of your work and your professional life.
There are multiple ways to unwind. For me, Unwinding is taking regular mental health breaks by practicing meditation, by indulging in building new skill sets, by regular exercising, by travelling, going on treks, travelling etc.
What advice would you offer to young professionals aspiring to pursue careers in both Company Secretarial and Law, and who are interested in following a path similar to yours?
To all the young minds, please note, pursuing a career in Company Secretarial and Law is a lifelong learning. Law and CS complement each other very well; however, my advice would be to first develop skills and a strong knowledge base, work on your communication/analytical skills and most importantly build a network of mentors for yourself.
Further, I would like to add- Don’t worry about the “How” yet. Don’t get frustrated if you don’t know how, It is not important to know everything at the start. Just take the first step if you have a clear goal in your mind, your path will be shown to you by your perseverance.
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