Posted In: News Updates
Posted By: Singularity Legal
Mumbai based international dispute law firm Singularity Legal is now licensed to practice before the courts at the Dubai International Financial Centre (DIFC). This makes it the first Indian firm to be Part-I registered solicitors at DIFC.
Prateek Bagaria, partner and international disputes specialist, has also been registered as a Part-II lawyer with full rights of audience before the DIFC courts, and will be heading the firm’s DIFC practice.
Singularity Legal is a full-service firm focused on Asia-Africa international dispute resolution, providing arbitration, cross-border litigation, alternative dispute resolution, investigation, third-party funding and enforcement/debt recovery services across jurisdictions.
Given this development, the team has the end-to-end ability to service clients before DIFC courts, including disputes relating to (a) construction and infrastructure projects, (b) shipping and maritime, (c) bank guarantees and insurance, (d) debt recovery, enforcement and insolvency, (e) intellectual property, (f) digital assets, and (g) pro bono representation.
On the firm's entry into DIFC, Bagaria said,“DIFC is an upcoming business and trade hub and has been a priority centre for Indian financial institutions, funds, family businesses, multinational corporations, and trading houses among others operating in the Asia-Africa corridor. Moreover, in light of the new India-UAE Comprehensive Economic Partnership Agreement (CEPA), business dealings in the DIFC are slated to grow exponentially. We are thrilled to expand our practice to the Middle-East where our clients increasingly require our assistance with their disputes.This expansion will also give the clients more immediate access to the firms’ specialists and wider network in the MENA region.”
Source: Bar & Bench