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RAM JETHMALANI INTERVIEW Mr. Ram Jethmalani is one of India’s top lawyers known to be an able cross examiner, an outstandin...

Sunday 28 August 2016

Frankfurt Investment Arbitration Moot Experience: An Insight

This article is a reprint of the actual article printed on a student blog.




Frankfurt Investment Arbitration Moot Experience


Mooting is the most beneficial of law student’s co curricular exercises if it’s practiced well. No other exercise offers as many ways to help others learn and grow, take responsibility and be recognized for achievement, and contribute to the success of a team.
More and more law students come to school thinking that a career in law can be established by merely doing exam related studying. That’s unfortunate. Studying and writing papers doesn’t yield the deep rewards that come from being a moot court participant.
What is Frankfurt Investment Arbitration Moot Competition (FIAMC)
The Frankfurt Investment Arbitration Moot Competition, hosted every year by McDermott Will and Emery, is the most prestigious mooting event in the world in the field of investment protection law.
Every year around 40 of the top law schools from across all continents are selected after rigorous country rounds to participate in the finals. The 7th edition of the competition was at the University of Frankurt am Main and the Frankfurt am Main Chamber of Commerce and Industry, Germany.
The idea
As a part of Moot Court Society at Delhi University, we are supposed to choose teams for moot competitions. I saw my partner’s name on the list of members yet to get a partner and called him up. He is extremely good at debating and during the first meeting he started interviewing me asking me about my mooting experience at law college- something I love talking about.
Then he suggested trying something new- no Campus Law Centre student had gone for an international moot and he was keen to try for one being held in Frankfurt since the registration was nearby and we had a good buffer to prepare. I ran the idea past my father who encouraged me further to apply.
Registration
We were looking forward to going to Frankfurt and did the registration, team forming and getting the necessary permission. There were initially four members but however owing to prior commitments there remained just the two of us.We started discussing the facts and issue formation.
We came to know just a month prior to the moot that in India a lot of teams had applied while only six could qualify as per the moot rules. Hence a pre moot round was held at a law firm, DSK Legal in Mumbai where teams for all over India came for the National Round.
Bombay rounds
There were teams from all over India including NLUs and others and a tough time ensued. We had two rounds -one on each side and it was a thorough stress test since we had just arrived from the airport and had two rounds back to back without any food and rest early in the morning.
Moreover a few teams, unluckily for us had players already experienced in the FIAMC moot procedure making it tougher on the rest. Some teams had alumni and staff members helping me- far more experienced then the two of us. We did not realize that the moot would be based on the issues listed in the moot problem but thorough reading of facts and analytical thinking helped.
The Good News
The judges were experienced Bombay High Court lawyers who quizzed us on International treaties and facts of the case. We had prepared submissions in the form of list of dates and other supporting documents like family charts and excel sheets for taxation issues which were different and new to the judges and they appreciated it- helping us gain a few brownie points.
Later, the judges helped all of us learn from our mistakes by giving feedback. In the end they called out the names of the six teams qualified to go to Frankfurt and thankfully our team qualified!
Germany preparation
After this life was a whirlwind. Being students we had to manage internships, visa formalities, fund raising from college and alumni, study preparations and finding time to work on the moot all within less than a month. The college was extremely supportive and gave us the necessary no objection letters and helped prepare for the moot.
Since it was just the two of us, we invited Prof Usha Tandon to come too and help build the team stronger since one teacher is allowed to accompany. Unfortunately owing to her daughter’s school exam she opted out. However, she did help us before and after in getting the moot partly sponsored.
Prep time for FIAMC
I could not believe that preparing for a moot could be so tough! The University in Germany granted us access to the various law search portals and arbitration database. Besides, I used to to read the facts almost twice a day since the problem was long and complex. We got guidance from professors but arbitration needs self study and lots of preparation. Luckily, the visa process went smoothly and I was enroute Frankfurt.
Different aspects of the moot
The first round started at 8am in the morning. The speakers would decide before hand whether the teams should argue issue wise or assign ten of the time allocated to argue on issues and then ten minutes for rebuttal and then inform the judges about the structure in which they would be arguing.
The judges sat in the centre and we occupied seats on either side. As soon as the judges came, we generally rose. Before we began speaking, the first speaker introduced the team and stated our name, nationality and college. It helped to break the ice. We started with introductions than argued the relevant question of law and ended with direct rebuttals and prayer. Before we begin, we would ask the judges if they needed a summary of facts.
They preferred being asked this rather than us just including it in the summary- an unwise option. The other teams had upto five participants. The coach and four speaker- two appellant and two respondents which was a good way to learn and divide work. The coach was generally not allowed to argue but in case someone falls ill, he can step in.
The judges
There are two things unique in the moot at Goethe university- the moot and the socials where we get to meet judges and interact with all other students. The arbitrators were professors and lawyers from as far as Singapore.
They were extremely approachable, gave us good feedback such as address an arbitration tribunal as Honorary tribunal and not point out a single judge saying your lordship or Mr. Arbitrator. They also did not accept any Annexure unless we provided one to the opposite team so keep enough copies ready.
The judges preferred a spiral bound version flagged appropriately instead of loose sheets for annexures of other cases. They advised us on our Body language and eye contact apart from the need to keep your phones silent.
What happened in the moot
During the course of argument, there was a cross talk of healthy kind between the opponents where rebuttals we replaced and replies on doubts of the opposite teams, and pointing out flaws of the opponents which was extremely lively and we felt that the time was very little unlike arguments we see in Supreme Court of India with long waiting periods and large arguments.
I observed that while teams were extremely well prepared, a lack of courage in mooting can lead a person to stammer and during the work causing negative impressions on the tribunal hence a lot of advocacy training and speaking before a mirror is needed.
Moreover, the judges are used to thoroughly go through the case facts and ask questions based on that so it is extremely important to read the case twenty to hundred times, spiral bound and prepare a proper memo five copies minimum.
Accommodation and food
The plus point of the moot is free food – a seven star course of soups, salads, yummy main dishes and amazing desserts but the university does not provide accommodation. It was tough but most participants either booked youth hostels or like me had someone staying nearby. I used to travel by subway from a friend’s place in the suburbs. The journey took 45 minutes and is pretty safe till even late in the night.
Networking time
There were a lot of networking opportunities. I remember getting visiting cards from the Paris team who had got them customized for the Frankfurt occasion with their entire team’s contact details on it. Having the blessings of the likes of SG Mohan Parasaran, ASG Siddarth Luthra , his associates and other benefactors, we ended up getting a part sponsorship which we spent on the air ticket.
This encouragement meant we were so engrossed in learning that we ended up missing some mixers and instead preparing late in the night keeping in touch via Facebook since we stayed in different places. The competition was so intense I remember a student dropping a semester for preparation. Luckily we were too overconfident to think of dropping a semester!
Dressing
Coming from India, students tend to wear the traditional white and black formals- a big no no for International Arbitration. I felt that my peers from other universities who wore formal skirts , dresses and ‘colorful’ attire created a better impression on the arbitration tribunal. You should buy something special for the moot!
In the end, we pleaded twice as respondents and also got to plead for a third time. However, we could not go ahead being novices and thus went our moot experience starting from National representatives to ending up as Participants for the first time from Delhi University in an International Moot- a journey worth sharing with you!
About the Author: Manushi Desai is a Final Year Law Student who has interned with law firms such as AMSS, Anand & Anand, Karanjawala, AZB etc and lawyers in the Supreme Court and High Courts of Gujarat and Bombay.
She is an avid mooter and is interested in pursuing an LLM next year. She likes volunteering at Yuva in her free time and is an enthusiastic reader. She can be reached by her twitter handle @manushidesai.
Team Lawctopus sincerely thanks Manushi for sharing her experience.

Internship with Adv. Harish Salve


My internship experience at Harish Salve's Chambers


This article was originally written for a student's blog and hence the format is to suit 
the readers of that site. It describes my internship experience with one of India's top lawyers 
and an honest review of working there.

Name of the organization. City
Harish Salve, Senior Counsel, Supreme Court and former Solicitor General of India- best known
for turning the judgment in the Vodafone case regarding double taxation and learning under
Mr. Palkhiwala, the tax law moghul.
Duration of the internship :
4 weeks (seems very little)
How big was the office? Team strength?
7 associates and around 10 administration staff.
There are two apartments on the sixth floor of the posh Bhagwan Das road. One houses the
chamber, a small waiting room, the associate’s room while the other has a huge waiting room,
Manager’s room and kitchen.
The Harish Salve office also has a small room for interns to wait in.
There is no dearth of space in the conference room where the clients and law firms are always
on their toes , briefing sir – the first day I saw more than 20 people come for a conference in one go.
Application procedure. Internship contact details :
You can call and enquire.
Duration in weeks. No. of days/week. Timings :
4 weeks, 6 days a week 8.30am to 8pm., ( Saturday half day) I generally went for morning
conferences which started at 8.30am and lasted upto 10.30am and then court Except on Monday,
Friday and Saturday since there’s no court on Miscellaneous days.
In the evenings Harish Sir takes an hour’s break and goes for swimming so we are relatively
free till 6 pm. Then there are back to back conferences till 8pm.However, girls staying far away
have the option of leaving early.
On Sundays it’s off and Friday evening too. Saturday conferences start in the evening.
Accommodation: how, where, how was it?
I stayed at DU Campus Housing …there are a lot of hostels and rooms for rent available around
North Delhi. There is also a direct metro line near the office on the blue line.
If you get the chance you should try finding a place in the Hostels located on Bhagwan Das road
itself. Maybe your State bhavan such as Gujarat Bhawa for me since I come from Gujarat can accommodate you for the month. The HR who coordinates the internships can be contacted for it.
First impression. First day, formalities etc.
I arrived extremely early and had to wait for the other people to arrive.
The staff was courteous and offered tea while I was waiting. By 10 am the rooms began to fill
with associates and clients. We got an email with a list of conferences scheduled and we started
to attend it.
One thing I am extremely tempted to mention is that the first client to walk in was a high profile
ex MLA for a case. I was awed and even more when I saw that all cases were extremely
interesting and I had a great first day ahead in store for me.
But I was more taken aback by seeing Boss at his desk for more than 10 conferences straight
and being as energetic and active for the last conference as for the first. He constantly had to
talk -quite a feat. Maybe our lecturers complaining about getting tired after two three lectures
should take a leaf out of his book!
Main tasks (in detail)
Taking notes in of conferences and courts. Assisting associates in research and preparing
list of dates.
The associates at the chambers of Harish Salve provide extremely systematic assignments and
instructions are to the point.
One of my co interns got to counsel a client in a criminal matter on his own without any associate
being present, I think that is the ultimate!
Work environment, people:
You can never ask for a better team… The associates are always there, constantly working and
guiding us to attend courts and conferences.
The assistants send us an email daily stating which conference to attend, the cook prepared food
and coffee, espresso etc whenever we were hungry, there were instructions to contact Ma’am in
case of any issues.
Everything was as smooth as possible! There was lunch in huge afternoons for the entire office
and snacks such as soya chips and diet coke for us too in the evenings.
I consider myself extremely lucky to have had such an amazing experience. 
Best things?
Seeing high profile clients come to seek sir’s counsel.. You get to learn why someone has such a
high reputation… Is it the meticulous studying, the uninterrupted focus (never seen sir constantly
checking his phone), the curiosity to constantly learn new acts and amendments, the dedication to
provide the best solution , having a great support system or the persuasive advocacy style.
It is completely out of the world and guarantees you learn a great deal!
After watching Boss on you tube and twitter, I understand the hype that surrounds such a great
lawyer and why every business house and politician(we witnessed a lot of them being advised
by Boss) comes to only Harish Salve!
But there was a better unheard of version too- I jotted down a few of my favorites.
Once, I saw a bag of dog biscuits near the security cabin. I came to know that besides the fact that
Sir is a dog lover and has five dogs, the dog biscuits were for the street dogs. Isn’t that sweet?
Another incident is his ever forgiving nature- he readily forgives late clients and mistakes by his
staff. Mr. Harish Salve is also a pro at time management-he never wastes time with small talk or
traveling to and from his rest room is within the office itself and Supreme Court is literally round
the corner.
Bad things?
Sir was always having what seems to be magical potions that helped conduct non stop conferences
for hours together. For us mere mortals having no powers, no time to breath!
Besides, the Harish Salve internship seems extremely short since Sir had to travel quite often!
But on the plus side more time to attend college in between and manage attendance for students
studying in Delhi especially since the Bar Council’s new rules about attendance and internship.
Stipend/ month
No stipend
Anything else you’d like to tell T
he staff was extremely courteous and always on their toes… Another is the green concept with
which all of the matters are conducted-he uses his ipad and Mac rather than printouts. Also
Sir is a big Apple promoter – work is always on a Mac!
Biggest lessons
Always be on the clients side… Never stop sympathizing with the client, think from his
point of view, keep excellent relations… Sir has great relations with all firms … Something
which counts a lot..
Also the kind of exposure that we gained as law students with Mr. Harish Salve is something
which cannot be described in a page!

Lawctopus Original Article

Friday 17 July 2015

Should you be afraid of the Black Money Act?

In May 2014, BJP candidate Narendra Modi promised Rs 15 lakh to every farmer once the alleged black money stored by Indians abroad is returned to India. In 2015, exactly a year later, the Black Money Act was passed by the Parliament rendering storing money abroad unlawful. However, in the 5 months since its inception in 2015, only a few crores of the money has been brought back to India. This begs the question whether there is actually large amounts of money in banks in Switzerland and Liechtenstein or whether a greater amount is within the country itself? 

The media hype which stemmed from the Wikileaks and HSBC stories on the alleged bank accounts of  rich Indians – nearly 700 of them abroad including Pradip Burman, Anil Ambani and Harshad Mehta created in frenzy in the last four years. Bringing black money back to the country became the top agenda for Lok Sabha Elections. It was alleged that 30 lakh crore of money had illicitly moved out of India in the last decade. All this has distorted economic indicators of growth in India.

In 2012, the Congress Governemnt published a White Paper highlighting various aspects of the Black Money transactions and steps taken by the Government. However, it was much criticized owing to its inability to address the issue- Why weren’t the laws to curb such transactions working?

Senior Advocate Ram Jethmalani moved to the Supreme Court of India to compel the government to bring back the huge amounts of Black Money from other countries. Although a judgment was passed in 2011 by the Supreme Court explaining that such transactions were considered theft from the economy, the lathergic manner in which the directions issued by the Supreme Court to curb black money were implemented left much to be desired. For one, the SIT (Special Invesitgation Team) headed by Justice M.B. Shah, a retired judge of the Supreme Court came into place three years after the judgment was passed in 2014. Considered one of the first important decisions of the NDA Government, the SIT has since submitted suggestions to the Supreme Court on minimizing misuse of export import routes and imposing thresholds of upto 15 lakh in cash to check transactions. Currently, an appeal to the said judgment is being heard where the Supreme Court has been asked by Ram Jethmalani to pass stronger directions to curb this menace.

Laws such as Income Tax Act, 1961 (IT Act), Foreign Exchange Management Act, 1999 (FEMA) and the Prevention of Money Laundering Act, 2002 (PMLA) have attempted to address the threat of black money.

Such laws impose high penalties and stringent penal provisions however less that 2000 crore till date have been recovered from such laws. This gives the rise to the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (Black Money Act or BMA).

Currently, BMA covers foreign assets only. Hence, illicit domestic transactions of money such as investment in gold, jewelry and precious stones, real estate transactions and election funds are outside the scope of the BMA. Although there is a Benami Transactions (Prohibitions) Bill, 2011 which got cleared by the Cabinet this year for covering such domestic transactions, BMA currently has only targeted foreign assets. Secondly, the source of participatory notes responsible for bringing foreign portfolio investment in India is suspected to be Indians with black money hoards abroad. This source which accounts for nearly Rs 3 lakh crore in 2015 so far is largely untraceable and not covered by law.


Hence, its time to revise the BMA and ensure black money in the system decreases.