Climate Change & ESG
We foresaw ESG as a mainstream before it became an integral part of the business. Both from corporate practice as well as social responsibility perspectives, we systemically invested in the ESG practice as a long-term play and have gradually built a full-bench of 25 lawyers who specialise in different aspects of ESG.
We assist clients to achieve business objectives and tackle challenges presented by the changing landscape. The Team is well-versed with statutory guidelines and standards and help mitigate climate risks through adoption of sustainable practices. The Team has advised multinationals and business conglomerates on issues around human rights and corporate social responsibility.
The Firm assists clients with ESG disclosures, integrated reporting and auditing, sustainable finance and investment opportunities, responsible business conduct, pro-bono strategy, and due diligence. Furthermore, the Team advises clients on projects concerning renewable energy, technology and innovation, and infrastructure facilitating the energy transition.
Being a socially responsible Firm, among many other ESG initiatives, we were an integral part of the Paani Foundation, which has recently won the Earth award – the UN’s highest environmental honour – to recognize outstanding leaders from government, civil society, and the private sector for their transformative impact on the environment. Also, the firm has set its target to become carbon neutral soon.
As a testament to its credibility and expertise, the Firm was awarded the ‘Best Legal Consulting Firm of the Year’ at the India National Solar Awards 2022. The Firm was listed as an expert advisor for the ‘India’s Top Five Announced Solar Project Funding Deals of 2021’, as reported by Mercom Communications India, and ranked as the No.1 Law firm in India in BloombergNEF 1Q Clean Energy League Tables. Luthra and Luthra Law Offices India also featured in the Top 20 of the Euromoney – IJ League Table (in the Renewables category) and was one of two Indian firms featured on the list.
Our Partners:
New Delhi
Harish Kumar
New Delhi
Overview
Harish Kumar, Partner with Luthra and Luthra Law Offices India, a full-service law firm [formerly L&L Partners], is accredited with over 23 (twenty-three) years of diversified experience in dealing with complex legal issues and enabling solutions and implementation for businesses and clients. His expertise pans a wide range of corporate, and legal matters including mergers & acquisitions, corporate restructuring, insolvency, joint ventures, fintech, corporate disputes, employment, anti-corruption and advising on varied aspects concerning corporate governance and regulatory interface.
Harish brings a unique blend of business thinking and strategy to structuring, negotiating, and closing complex commercial and corporate transactions. His background in commerce and corporate laws helps bringing a realistic and risk based holistic approach which seamlessly and effectively helps in delivering the best solution to the clients. During his professional journey, Harish has advised a number of domestic and multinational companies, including various Fortune 500 companies, in his dynamic practice areas.
Aside, Harish has extensively dealt with various ministries and departments of Government of India, including Reserve Bank of India, Securities and Exchange Board of India, Ministry of Corporate Affairs, Competition Commission of India. His advisory role also extends to various advice given to Government of India and key industry associations like CII, FICCI, ASSOCHAM on various practical & legal issues being posed by industries from time to time. Harish has also been a regular speaker at various seminars/workshops being conducted by professional and government bodies.
New Delhi
Niti Paul
New Delhi
Niti Paul is a partner at Luthra and Luthra Law Offices India, specializing in general corporate law and mergers and acquisitions. With extensive experience, she represents a diverse range of domestic and international clients in M&A transactions across India.
Her expertise spans multiple sectors, including manufacturing, renewable energy, retail, hospitality, healthcare, financial services, real estate, entertainment, publications, and telecommunications. Niti advises on all facets of joint ventures, mergers, corporate restructuring, foreign investments, regulatory compliance, and employment law. Niti plays a pivotal role in transactional matters, focusing on structuring and advising foreign entities on market entry strategies, joint ventures, acquisitions, and corporate takeovers. She regularly advises on conducting due diligence, navigating foreign equity restrictions and caps, options and vehicles, and ensures compliance with regulatory requirements related to investment, environmental, operational, and employment issues.
In addition, Niti has significant experience in environmental, social, and governance (ESG) practices, particularly in carbon markets. She has guided clients on both domestic and international carbon market transactions, including the sale and purchase of verified emission reductions (VERs) and futures trading, while also addressing regulatory concerns.
Niti has also been appointed to a working group committee by the Indo German Energy Forum and the Ministry of New and Renewable Energy, where she advises on implementing the PM Kusum Scheme to boost farmers' engagement in Agri Photovoltaics projects.
Experience Statement
- Advised Agilion Energy Pvt. Ltd., a joint venture between AES Corporation and Mitsubishi Corporation, in the sale of 10MW battery energy storage and related facilities to Tata Power Delhi Distribution Limited.
- Advised Cognisphere Solutions Limited on their carbon credit purchase and project development agreements for the sale of their Verified Emission Reduction Units and Verified Carbon Units administered by Verra and Gold Standards.
- Advised AES Group on Indian law issues pertaining to its various Group entities in India including structuring, foreign exchange laws, exit options, compliances etc.
- Advised Atria Power Group on all aspects of establishing renewable power projects including contracts related to supply, erection, installation and commissioning, development of projects/ shared services, operation and maintenance of renewable power assets and shared services, wheeling and banking, long term open access, and power purchase agreements.
- Advised Trinity Capital (One) Limited, a Mauritius based entity with respect to the sale of their entire shareholding in Uppals IT Projects Private Limited, an India based entity.
New Delhi
Vivek Kumar Agarwal
New Delhi
Overview
Vivek K. Agarwal is a Partner with Luthra and Luthra Law Offices India with over 15 years of diversified experience and has dealt with clients across continents and specializes in dealing with wide array of legal and associated business issues and offers solutions to business and legal needs of clients. He has the experience of advising on wide range of corporate legal matters including advising on India entry/ set-up and exit/ insolvency, corporate governance issues, restructuring, joint ventures, mergers, acquisitions.
Vivek has extensively dealt with various ministries and departments of the Government of India including the Department of Economic Affairs, Department of Revenue, Ministry of Corporate Affairs and Reserve Bank of India and has also been a contributor to the Government in its efforts to bring about changes in policies and business landscape in India from an ‘Ease of Doing Business’ perspective. He is also a regular contributor to the World Bank in conducting its ‘Ease of Doing Business’ study in India.
Vivek has advised various multinational as well domestic clients in areas of corporate and commercial laws and has helped a number of clients’ set-up their India presence and strategize their business closure and India exit and also on obtaining relevant government approvals. His experience brings in a mix of effective implementation strategy and legal expertise and he strives to deliver the best solution to clients with his practical approach and efforts to balance risk with desired client objective.
Experience Statement
- Acted at the behest of one of the largest steel manufacturers in the world in its acquisition of the distressed steel business of the Essar group in India under the Insolvency and Bankruptcy Code, 2016.
- Assisted the monitoring agency in negotiations and implementation of the resolution plan of an Indian listed steel major in acquisition of another listed entity in the steel business under the Insolvency and Bankruptcy Code, 2016.
- Assisted in completing the acquisition of the shares of the Indian subsidiaries of a leading identity management solutions provider in the United States following which the acquirer became the world leader in biometric identity solutions.
- Assisted a Chinese business house in completion of their asset and business acquisition of Brakes business units from a premier supplier of automotive chassis products to OEMs in the U.S., Europe and Asia.
- Assisted in setting-up of the successful venture which holds the exclusive right to organize and stage the hugely successful ‘Pro-Kabaddi League’.
whilst wrongfully claiming to be part of our Firm and making false claims and allegations. These individuals are also impersonating the Firm by creating fake email addresses and Facebook page while using the LUTHRA marks.