Year 2019 HTML
Vaibhav Gaggar & Gaggar & Partners: taking India legal towards a broader perspective with innovative strategies
VaibhavGaggar & Gaggar & Partners: taking India legal towards a broaderperspective with innovativestrategies
Vaibhav Gaggar isaligned to excellence, he believes in hard work, professionalism and the powerof possibilities.
Lawyers are considered as one of the mostimportant professionals in the world, and India is not an exception. It hassome influential and dynamic legal eagles, which can hold the whole court inawe with their effective arguments and excellent confidence. In the law circlesof India, Vaibhav Gaggar is a famous name. Vaibhav is recognized as the "Go toCounsel" for his in-depth experience, innovative strategies and intense domainknowledge in Anti-Trust. He holds the abilityto handle the toughest of corporate cases with amazing ease.
Vaibhav Gaggar started his career working as anAdvocate at the office of Senior Advocate, Siddharth Luthra and has beeninvolved in critical to draw matters, representing clients in cases like theCement Cartelisation, Coal Scam, Home Trade Scam, Bhopal Gas tragedy, DLFBellaire Case, Jindals vs. Lord Swaraj Paul, Monsanto vs. Indian SeedCompanies, Reliance Jio Infocom vs Vodafone, Google vs. Bharat Matrimony Case,ICAI vs. Union of India, Bank of Baroda Scam, JCB Competition case,Cartelisation in the Auto sector, Leniency Petition Cases, and many others. Hehas been bestowed with national & international awards and felicitations bynumerous leading publications. This year, Vaibhav won Best Litigation lawyer ofthe Year 2019 by Corporate USA Today and Ranked In the individual category as aLeader in 40 Under 40 Category and as a Firm by Benchmark Litigation. Recently,he was impaneled as a Lifetime member arbitrator in ASSOCHAM. Vaibhav studiedlaw from ILS law college Pune and graduated in commerce from Modern School.
With a dream of creating something of his owncoupled with the belief to create something with a difference Vaibhavestablished Gaggar & Partners and introduced an interesting young teamwhich possesses the right assets and can take on the experiences and largerfirms as everyone starts from scratch in these genres. Present-day, Vaibhav is the Managing Partnerof the firm.
To know more, The CEO Magazine's Editorial teamspoke to Vaibhav Gaggar in line with Gaggar & Partners and its journeyahead.
Here are theedited excerpts.
Throwsome light on the operations and offerings of Gaggar & Partners.
Cream of the crop
Gaggar & Partners is a full-service law Firmwith an invaluable synergy of 5 decades of experience of the Senior Partnerscoupled with the energy and focus of the new generations. The Firm has focusedextensively into niche areas of developing laws such as Cyber, Gaming,Anti-Trust and Competition, White Collar Crimes and Regulatory verticals suchas the Real Estate Regulatory Act, Environment, NCLT, Intellectual Property,etc. In terms of industries, we have a very deep understanding of the RealEstate, Gaming, InfoTech, and Hospitality sectors.
Our clients include Seed Companies of India,Competition Commission of India, Hyatt, Bellaire Association, Citi Bank, SaralCommunication, Tamil Nadu Film Producers Council, astway Transmission, numerousstartups and a host of gaming companies.
Briefus over the notable matters handled by the firm.
We have had the good fortune of being involved ina number of cases across different verticals.
- In the supreme court of India, we have assisted in theBhopal Gas Tragedy case; the securities scam case of 1992
- We conceived of and drafted the first of its kind legislationin India and perhaps globally which got enacted in 2016 called the online gamesof skill act. This helped a number of companies obtain licenses for games ofskill such as Poker, Rummy, etc.
- We also represent a number of celebrities and sportspersonssuch as Virender Sehwag so, there's a lot of cutting edge work in the sport andentertainment sector.
In recent, we have successfully represented onbehalf of the Competition Commission of India in the Cement Cartelization casewherein penalty of Rs. 6300 Crores was imposed by NCLAT for allegedly creatinga cartel.
Whatchallenges have you faced in your career?
Different phases represent diverse sets ofchallenges. Since we set up the firm at a very early stage in our careers, thefirst phase was clearly about gaining the trust of the clients. Post theinitial stage; the challenge became how to ensure optimum quality servicedespite being small in size, infrastructure, and revenue.
Whatunique approach do you bring with your firm?
We partner with our clients fromconceptualization of a business idea stage to walking the path all the way tostructuring, helping them get investor friendly, deal with legalities andhurdles, bring about pre-emptive strategies, which can help their business andeventually helping them scale and exit. Another very important differentiatorperhaps is that we understand the value of every penny that's spent by theclient.
Dothe legal questions facing different industries differ and how do you take themon?
Laws, of course, vary from sector to sector;though, the fundamentals always remain the same. Deep research, understandingthe nuances of the case, applying the right law, logic, and strategy arecritical factors to deal with all cases irrespective of the sector.
Throwsome light on the awards received by the firm.
Under the dynamic leadership of Vaibhav Gaggar,the firm has been recognized and honoured by various publications for itsexpertise, some of them are:
- Competition Law Firm of the Year in India – M&A Today –Global Awards 2019
- Competition Law Firm of the Year in India – LawyerInternational's – Legal 100 – 2019 Awards
- Benchmark Litigation Asia-Pacific 2019 edition – as aRecommended firm
- Anti-Trust & Competition Law Firm of the Year – Indiaby a renowned Magazine
- INDIA's COMPETITION LAW FIRM OF THE YEAR
- Most Promising Corporate Legal Consultant 2019
Whatis a day in the life of your career look like?
A day in my career runs around the researching,Writing, Court Appearances, Phone Calls, Meeting with Clients and Mentoring. Itstarts around 9 AM. Typically the day goes in Court, running between at least3-4 courts on a daily basis and then once we are back there are conferences,research, preparation and then getting that 2 hours a day when I formulate my thoughtsand strategies for the next day's matters.
Presentyour standpoint on the Indian legal system and its problems.
According to me, huge population, lack ofinfrastructure, uneducated society, growing economy with its set of challengesand the best brains not always willing to join the judiciary are the commonproblems in Indian legal system.
Whatis your take on legal education in India?
Very theoretical! Frankly, it needs a totaloverhaul. Even now like all educational systems in India, we believe more inthe theory of things rather than understanding the practical aspects andimplementation of the same.
Whathave been the keys to your success?
Passion, a never say die attitude, self-belief,hard work, a great team are the keys of my success.
Footprintand Future Ahead
We are looking at expanding ourselves with toptalents across legal and industry verticals. We also see ourselves expandinginto different jurisdictions within and outside the country soon.
Wordto the Wise
Nothing isimpossible. Don't let anyone ever tell you that it can't be done. Remember,impossible is actually I M Possible. Dream and spread your wings. You can'tcontrol life but, you can certainly control what you dream. Coupled with theright attitude, lots of hard work, passion for what you do and the strength towalk the tough path.