30 Jan '18, 9am

Top Indian lawyers to argue Ranbaxy-Daiichi appeal in Singapore

Top Indian lawyers to argue Ranbaxy-Daiichi appeal in Singapore

Ranbaxy-Daiichi case arose out of an international arbitration matter where the governing law was foreign law but the seat was Singapore. Photo: Mint Singapore: India’s two top lawyers will be arguing in the Singapore Court of Appeal the case of Japan’s Daiichi Sankyo Company and Ranbaxy Laboratories of India, according to a media report. Ranbaxy has taken on senior advocate Harish Salve who is also the first non-Queen’s Counsel (QC) foreign lawyer, and the first from the Indian Bar, to be allowed to argue a case in the Singapore high court, The Straits Times reported on Tuesday. Daiichi has assigned on an equal stature advocate Gopal Subramanium for its team. The case involved some 20 Ranbaxy shareholders, including five young people, who had sold a controlling stake in the multi-national pharmaceutical company to Daiichi Sankyo Company in 2008. But in 2012, the Japanese ...

Full article: http://www.livemint.com/Companies/BcYRJHevvxYEz8nkqhCRoL/...

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