Practice Areas

England & Wales / India

Prateeti Thakar played a central role in recovery proceedings for a leading bank against a foreign borrower and Indian guarantors, involving parallel proceedings before the High Court of Justice in England and Wales against the borrower and insolvency proceedings before the NCLT in India against the guarantors. The proceedings involved coordinated recovery strategy across jurisdictions and resulted in favourable outcomes.

Rita D’Souza v. Christopher Diago Zuzarte & Anr., 2023 SCC OnLine Bom 2193

The proceedings concerned the welfare, custody and legal guardianship of a minor child in circumstances where both biological parents were alive, but the child’s aunt, Rita D’Souza, sought to be appointed and recognised as the lawful guardian. The Bombay High Court considered the circumstances surrounding the child’s care and the paramount principle of the minor’s welfare and best interests.

The Court exercised its parens patriae jurisdiction and allowed the petition, declaring Rita D’Souza to be the true and lawful guardian of the minor child. Archit Chaturvedi was part of the legal team representing Rita D’Souza in the proceedings.

USD 36 million financing

Prateeti Thakar advised a lead bank on the documentation and disbursement of a foreign currency term loan facility of up to USD 36 million to an offshore entity for refinancing a luxury hospitality asset. The transaction involved a multi-jurisdictional structure, with the loan agreement governed by English law, the corporate guarantee governed by Indian law and security documents governed by foreign law, and was completed within an accelerated one-month timeline.

Bombay High Court / Chandivali, Mumbai

The matter concerned substantial privately owned land at Chandivali occupied by more than 820 families, where municipal demolition action led to approximately 820 separate proceedings by occupants and raised overlapping issues concerning ownership, redevelopment rights, occupant claims and municipal action.

A coordinated litigation strategy was undertaken on behalf of the owners and developers. The connected proceedings were ultimately resolved through consent terms under which the owners/developers agreed to pursue a statutory Slum Rehabilitation Scheme, restructuring the dispute from demolition proceedings into a rehabilitation framework. Archit Chaturvedi was substantially involved as part of the legal team acting for the owners/developers.

Bombay High Court / Cross-Border Enforcement

Prateeti Thakar advised Indian lenders to a European engineering company after a Russian counterparty sought attachment of the borrower’s Indian assets pursuant to an order obtained from a Russian commercial court. The work involved reviewing the lending and security documentation, assessing the risk posed to the lenders’ charge and advising on protective and enforcement options to preserve their security interest and priority over the secured assets.

Jyotsna Sanghi v. Sanghi Brothers (Indore) Pvt. Ltd. & Ors., 2025 SCC OnLine NCLT 3090

The proceedings arose in the context of a wider family dispute amongst the heirs of the founder of the business group concerning his estate and control of various companies within the group. The dispute before the NCLT concerned the management and control of a closely held family company and, in particular, steps taken to treat Jyotsna Sanghi, a shareholder and Joint Managing Director, as having ceased to be a director on the basis of an alleged statutory disqualification under Section 164(2) of the Companies Act, 2013.

Archit Chaturvedi acted as Advocate on Record for Jyotsna Sanghi in the interlocutory proceedings arising from the oppression and mismanagement petition under Sections 241 and 242 of the Companies Act. The NCLT held that the statutory conditions necessary to attract the alleged disqualification had not arisen, set aside the consequential corporate actions and directed restoration of her position and correction of the corresponding statutory records.

Bombay High Court / Real Estate Regulation

Prateeti Thakar represented homebuyers in appellate proceedings challenging delayed possession and arbitrary termination of registered sale agreements by a developer. The Court held the termination to be wrongful and directed payment of substantial compensation to the homebuyers.

Item descriState of Maharashtra & Ors. v. Dr. Ashok Ramchandra Anand, AIR Online 2021 Bom 377

The proceedings arose from a challenge by the State of Maharashtra and its authorities to an order of the Maharashtra Administrative Tribunal concerning the respondent’s transfer/deputation. The matter raised questions relating to statutory competence, procedural fairness, natural justice and judicial review of administrative action.

The Bombay High Court declined to interfere with the Tribunal’s decision and dismissed the State’s challenge, leaving the relief secured by the respondent undisturbed. Archit Chaturvedi was part of the legal team acting for the respondent in the proceedings.ption

Banking / Enforcement / Secured Creditor Priority

Prateeti Thakar represented leading financial institutions in proceedings challenging wrongful attachment of secured assets by enforcement authorities under anti-money laundering, depositor protection and company law frameworks. The proceedings successfully asserted the statutory priority of secured creditors over mortgaged assets.

Nandlal Balkishan Sahjwani & Anr. v. Municipal Corporation of Greater Mumbai & Ors. [Khanna Construction House]

The proceedings concerned Khanna Construction House at Worli, constructed on land held under a 999-year municipal lease. The dispute involved termination of the lease by the Municipal Corporation, prolonged failure to maintain the building, substantial arrears of rent and property taxes, redevelopment rights and the interests of tenants and occupants who had remained displaced for several years.

The Bombay High Court upheld the Municipal Corporation’s termination of the lease and declined to continue interim protection against the Corporation. Archit Chaturvedi was part of the legal team assisting the intervening society of tenants and occupants in the proceedings.

Prathamesh Vighnaharta Association v. Shubh Enterprises, Notice of Motion (L) No. 1023 of 2019 in Suit No. 678 of 2018

The proceedings arose from an incomplete development where substantial municipal property-tax liabilities remained unpaid and recovery action threatened the interests of the affected flat purchasers.

The proceedings resulted in the concerned defendants accepting liability to discharge approximately Rs. 29,00,000 towards the outstanding municipal dues through a structured instalment mechanism. The Bombay High Court recorded the undertaking and protected the flat purchasers from coercive municipal recovery action while the agreed payment schedule was complied with. Archit Chaturvedi was part of the legal team acting for the association of flat purchasers.

Kiran B. Pulekar v. Union of India & Ors., 2024 SCC OnLine Bom 961

The proceedings arose from the termination of a senior employee of Shipping Corporation of India Ltd., who challenged the disciplinary action before the Bombay High Court and sought reinstatement with consequential service benefits. The challenge included allegations of whistle-blower victimisation, mala fides, bias and breach of natural justice.

The Court examined the disciplinary record, applicable service rules and inquiry process and ultimately dismissed the writ petition, finding no basis to interfere with the disciplinary action. Archit Chaturvedi was part of the legal team acting for Shipping Corporation of India Ltd. and its Director in the proceedings.