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Insight Articles

We are pleased to announce that our Managing Partner, Mr. Zulfiquar Memon has been recognized for excellence in White-Collar Crimes - India by Chambers and Partners in Asia-Pacific Rankings.

Kudos to Mr. Zulfiquar Memon and team MZM Legal for this recognition.

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We are pleased to announce that our Senior Partner, Mr. Parvez Memon, has been recognized for excellence in White-Collar Crimes - India by Chambers and Partners in Asia-Pacific Rankings.

Kudos to Mr. Parvez Memon and team MZM Legal for this recognition.

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We are pleased to announce that MZM Legal LLP has been recognised as a BAND 1 firm in the department of White-Collar Crimes by Chambers and Partners in the Asia-Pacific Rankings.

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Senior Partner Waseem Pangarkar and Associate Swapnil Srivastava alongwith Kumari Nivedati (Intern) co-authored an article explaining The Regional Comprehensive Economic Partnership and its consequences.

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The story of retail equity investors drawing a blank in the regulatory actions and insolvency cases.

Senior Associate, Nadiya Sarguroh shares her insights with the Hindu Business Line on Uttam Value Steel's delisting and retail investors being at the receiving end of regulatory actions.

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The submission of bids for DHFL has been extended by lenders as they look to trim their losses.

Senior Associate, Nadiya Sarguroh shares her insights with Hindu Business Line on revised bids after Adani Enterprises submitted a revised bid for the whole book of the housing finance company.

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2020 has brought many changes in the functioning of various industries. The surge in data consumption has led to the requirement of creating personal data protection law and now the IT ministry to come up with a framework for data centres as well.

Principal Associate, Abhishek Gupta, shares his insights with Hindu Business Line on government's initiatives towards focus on ease of doing business by way of fast clearances; cheap, clean power.

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ArcelorMittal must pay ₹1,300 cr for using the Odisha Slurry Pipeline.

National Company Law Tribunal (NCLT) has directed ArcelorMittal Nippon Steel India to pay ₹1,300 crores to SREI Infrastructure for using its assets during the insolvency period.

The additional cost comes 11 months after the joint acquisition of Essar Steel by ArcelorMittal and Nippon Steel in a Rs 42,000-crore deal.

Senior Associate, Nadiya Sarguroh from MZM Legal shares her thoughts with Hindu Business Line on this matter.

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During the pandemic, technology has not only helped bridge the communication gap but also overcome our daily operational challenges. Managing Partner Zulfiquar Memon, contributes his insights with Forbes, on one of the ways that technology can be best utilized to drive growth and capitalize on opportunities during the pandemic.

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The pandemic has brought about abrupt disruption to dispute resolution mechanisms and business alike. Judicial proceedings are now undergoing a transformation that acknowledges the presence of digital modes of communication to serve justice.

In this article, Senior Partner Waseem Pangarkar, Principal Associate Abhishek Gupta, and Trainee Associate Aakanksha Luhach, co-author an article, discussing the legal issues that could arise due to the pandemic that could lead to the evolution of dispute resolution mechanisms as well as the likelihood of a surge in online dispute resolution.

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The current global crisis will affect every industry and the global economy will have to evolve, leading to the emergence of newer areas of businesses. While the ongoing flux makes predicting the growth areas in the next 12 months difficult, we strongly believe that altogether new areas of practice may emerge post-Covid-19, says Zulfiquar Memon - Managing Partner, MZM Legal.

Read on to find out more on his thoughts and how the law firm has built itself from strength to strength by offering exemplary and thought through services to its clients.

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Operating businesses with lower capacity to take precautions in the post-COVID phase has led them to rethink fixed operating costs. Managing Partner Zulfiquar Memon shares his views with Forbes on how businesses are now renegotiating terms to avoid losses and the possibility of a rise in litigation cases due to this move.

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The Ministry of Finance recently announced various steps to provide relief from economic stress caused due to the pandemic. One such proposal was the amendment of 19 Acts to decriminalize multiple minor economic offences, including the offence under section 138 of the Negotiable Instruments Act, 1881 (“Act”).

Managing Partner Zulfiquar Memon and Senior Partner Parvez Memon, co-author an article in CNBC-TV18 explaining the drawbacks of the proposed amendment by the Ministry of Finance and underlines the importance of retaining the criminal prosecution against the accused for the offence of the dishonour of cheque under S. 138 of the Negotiable Instrument Act.

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The Anti-China sentiment has been on the rise in the country since last week’s border clash between the two nations. The result of this clash is being seen through the informal boycott of consumer goods originating from China.

In this article, Managing Partner Zulfiquar Memon, quotes to BBC, his insights on India's current trade stance with China, where India cited inter-country conflict as a reason to justify the violations.

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After going through a product renaming process, both HUL and Emami claimed the trademark rights for their men's range of products; Glow and Handsome. Managing Partner Zulfiquar Memon shares his insights with the Times of India on the factors that would need to be accounted for by their legal teams while laying claim for the registered trademark.

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In the case of an extension loan moratorium, the liability of a guarantor increases manifold defaulted on repayments. To add his valuable insights on this matter, Managing Partner Zulfiquar Memon shares his views with moneycontrol.com on how a guarantor can protect himself from legal action in case the payments have been defaulted by the borrower.

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The concept of conflict management through Alternative Dispute Resolution [“ADR”] has paved the way for a new mechanism of dispute resolution that is non-adversarial in nature. Furthermore, it provides parties with the opportunity to reduce hostility and resolve conflict amicably, regain a sense of control, gain acceptance of the outcome, and achieve a greater sense of justice in each individual case.

In this article, Partner Dinesh Kadam, and Associates Nimeet Sharma and Sharanya Sankaranarayanan share their insights on how the ADR mechanism could improve the ease of doing business in India and resolve disputes amicably and expeditiously.

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Can lenders call for fresh bids for a stressed asset after announcing the top buyer in the previous round of bidding under the Insolvency and Bankruptcy Code?

On this matter, Senior Associate Nadiya Sarguroh shares her insights with Business Line (aka The Hindu Business Line) on how the Committee of Creditors has absolute right to reject or accept one or more resolution plans prior to approval by the Adjudicating Authority.

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"The burning desire to make it big, the greed to learn, the confidence in one's self, and the ability to remain calm and patient in tough times is what it takes to become successful."

Read the insightful interview of our Managing Partner, Zulfiquar Memon with Libertatem.in as he shares a birds-eye view of his professional career and speaks on a plethora of matters related to the development of laws in India.

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To shed light on the trending legal matters, latest updates and amendments, we bring to you 'Legal Talks'-Legal Complexities Simplified by MZM Legal LLP.

This video is focussed on Suspension of the Insolvency and Bankruptcy Code ("IBC"), 2016, vide an Ordinance titled “Insolvency And Bankruptcy Code (Amendment) Ordinance 2020” which came to be promulgated on 05th June 2020 that amended the IBC, 2016 by insertion of new section 10A suspending proceedings under section 7,9,10 of the IBC, 2016 for a period of 6 months extended upto a year.

Senior Associate, Nadiya Sarguroh elaborates on the key highlights and provisions of section 10A of the Insolvency And Bankruptcy Code (Amendment) Ordinance 2020 and the existing interpretational issues related to it.

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What is the practical approach SEBI would need to take while drawing investors to relisting IBC firms?

Principal Associate, Abhishek Gupta shared his insights with Business Line (aka The Hindu Business Line) on SEBI's minimum public holding norm for companies relisting after insolvency process. Furthermore, he also added on the realistic proposed option by SEBI to safeguard retail investors' interests.

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Netflix has triggered a controversy again and this time it’s focusing its plot on Indian business billionaires who have allegedly gone bad.

On this matter, Managing Partner, Zulfiquar Memon, along with Sherbir Panag, Partner, Panag & Babu, and Advocate Vijay Aggarwal, shares his views with Hindustan Times on this matter, shedding light on the provisions set by the Fugitive Economic Offenders (FEO) Act, 2018.

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Moving towards Unlock 4, the safety of the employee still remains the top priority for India Inc.

On this matter, Managing Partner Zulfiquar Memon, shares his views with the Times of India, explaining how law firms and audit companies are proceeding with caution towards daily operating routines while overcoming commuting challenges put forth by the pandemic.

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An instrument of a gift is an agreement executed within the four corners of natural love and affection between relations bound by blood.

More often, parents happily give away their wealth to their loved ones under this instrument of gift more commonly known as the "Gift Deed", however, many times this instrument is misused by the donee in favour of whom it is made.

Our Managing Partner, Mr. Zulfiquar Memon provides his counsel on why a "Gift Deed" is considered as a preferable option by the donor and the donee, being permitted blood relatives over the outright transfer of property with Moneycontrol.

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Aviation has been one of the most impacted industries due to Covid-19. Amidst all this, the Indian government has tweaked the terms of the divestment process for Air India to attract additional suitors.

Question is, whether the government has done enough to sweeten the deal enough for the suitors?

Managing Partner, Zulfiquar Memon shares his thoughts with Moneycontrol on Air India's disinvestment, and a recent tweak in their terms.

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Is it fair for the airlines to not refund the GST amount on flight tickets booked before March 31st, 2020?

What is the lawful solution airlines should take to claim their GST refund?

Senior Associate Nadiya Sarguroh shares her insights with Moneycontrol on what Vistara could have done in this situation.

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Visa and immigration rules have been a topic of concern for Indian students for the past few years due to erratic policymaking by the Trump administration.

With Joe Biden's victory in the US presidential election, Indian students are hopeful that their visa & immigration related concerns will now be addressed in a better way.

Managing Partner, Zulfiquar Memon shares his thoughts with the Economic Times on the tentative prospects of the education community with the new president-elect of the US.

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