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LexCounsel, Law Offices

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LexCounsel, Law Offices

LexCounsel is a corporate and commercial law firm based in New Delhi with a close network of associate offices in major Indian cities

28/10/2025

Delhi High Court Enforces Foreign ICC Awards; Reinforces Investor Buy-Out Rights in Shareholder Dispute

Can a foreign-seated arbitral tribunal grant a shareholder buy-out/transfer remedy, a relief typically granted by the National Company Law Tribunal, and can Indian courts enforce such an award? This issue was recently analysed by the Hon’ble Delhi High Court in the case of Roger Shashoua and Ors v Mukesh Sharma and Ors [2025 SCC OnLine Del 5773], where the Delhi High Court enforced the arbitral awards directing transfer of shares between warring shareholders of a company.

Read the newsletter - https://lexcounsel.in/newsletters/delhi-high-court-enforces-foreign-icc-awards-reinforces-investor-buy-out-rights-in-shareholder-dispute/

20/10/2025

As the festival of lights brightens homes and hearts across the country, we at LexCounsel took a moment to celebrate the spirit of Diwali with some of our team members — the people who light up our workplace every day.

Diwali is more than just festivities, it is about shared sense of purpose. From vibrant decorations and delicious sweets to moments of joy and reflection, we were reminded that it's the people around us who make our journey meaningful.

Wishing everyone a Diwali filled with warmth, prosperity, and new beginnings.

Happy Diwali - Team Lex Counsel
[ team, law firm, festivals, workplace]

19/10/2025

Wishing you and your family a Sparkling and Joyous Deepavali
Wishes, Team LexCounsel
https://lexconsel.in

09/10/2025

AI is transforming finance - but with great power comes great responsibility.

The Reserve Bank of India (RBI) has released a report on the responsible and ethical enablement of AI in the financial sector.

From fraud detection to financial inclusion, AI brings massive opportunities but also risks like bias, opacity and unfair outcomes.

To tackle this, the RBI’s FREE-AI Committee has proposed the “Seven Sutras” for responsible AI:
🔹 Trust as the foundation
🔹 People-first approach
🔹 Innovation with impact
🔹 Fairness & equity
🔹 Accountability
🔹 Transparency by design
🔹 Safety, resilience & sustainability

Full analysis here: https://lexcounsel.in/newsletters/rbi-releases-report-on-responsible-and-ethical-enablement-of-ai-in-the-financial-sector/

02/10/2025

Every lawyer faces an inner battle - the Ravan that calls for conflict and the Gandhi that reminds us of restraint.

The true art of advocacy lies in balancing the instinct to fight with the wisdom of non-violence.

01/10/2025

Lex Counsel joins the Joy of Giving this Daan Utsav 2025 -

This year, the Partners at LexCounsel are proud to take a step forward in being part of Daan Utsav - Joy of Giving Week
(Oct 2–8) — India’s very own festival of giving.

Daan Utsav, celebrated across the country since 2009, is a movement that invites people from all walks of life to give their time, resources, skills, or just a helping hand to spread kindness and joy. It’s not about how much you give, but about the spirit of sharing and caring together.

Inspired by this, LexCounsel, Law Offices, its partners and colleagues have participated in the joy of sharing and we invite our colleagues, friends, and well-wishers to participate in their own ways, big or small, and experience the joy of giving.

29/09/2025

Haryana’s Gambling Act, 2025 sets strict rules on public gambling, distinguishing games of skill from games of chance, penalizing illegal betting and banning match-fixing.

But with the Central Online Gaming Act in place, even skill-based real-money games in Haryana face nationwide prohibition. A major shift for India’s gaming landscape! Full analysis here: https://lexcounsel.in/newsletters/haryana-gambling-law-key-takeaways-and-its-conflict-with-the-central-online-gaming-bill/

[haryana gambling act 2025, central online gaming bill]

22/09/2025

⚖️ At LexCounsel, we believe that the strength of a law firm lies not only in its expertise but also in its culture.

In every corner of our office, knowledge and experience stand ready to turn disputes into clarity and questions into justice.

Yet, what truly defines us is how we come together - celebrating milestones, sharing achievements, and reinforcing the values that guide us.

For us, teamwork goes beyond collaboration on cases. It’s about fostering trust, building resilience, and creating an environment where excellence thrives alongside camaraderie.

Here’s to a journey where professionalism and people go hand in hand.

16/09/2025

Reserve Bank of India (RBI) on Responsible & Ethical AI in Finance

The RBI has released its report on how India’s financial sector can adopt AI responsibly.

📌 Highlights:

▶️ Push for indigenous AI models suited to India’s diversity.
▶️ Framework of “Seven Sutras”: Trust, People First, Innovation, Fairness, Accountability, Transparency, Safety.
▶️ Focus on governance, fairness & reducing bias in AI systems.
▶️ Recommendations: AI innovation sandbox, standardised datasets (AI Kosh), board-level AI policies.

📌 Why it matters: This roadmap balances innovation with ethics and could shape the future of AI adoption in India’s financial ecosystem.

Read more here - https://lexcounsel.in/newsletters/rbi-releases-report-on-responsible-and-ethical-enablement-of-ai-in-the-financial-sector/

11/09/2025

From Fantasy to Reality: India Bans Real-Money Online Gaming

The Promotion and Regulation of Online Gaming Act, 2025 marks a turning point for India’s gaming sector.

What’s banned: All money-based online games (skill or chance), advertisements, and payment facilitation.

Penalties: Fines up to ₹1 crore, imprisonment up to 3 years, or both.

Impact: Fantasy sports, gaming platforms, advertisers, and payment providers face immediate disruption.

The Act also overrides state laws and eliminates the “skill vs. chance” distinction and the constitutional challenges to the Act is likely.

Full analysis here: https://lexcounsel.in/newsletters/from-fantasy-to-reality-end-of-online-money-gaming-industry-in-india/

08/09/2025

In the Rush of ITR Season!

[ITR season compliance, law firms india, contract drafting accuracy, legal drafting matters, business compliance india, safeguard contracts, dispute prevention, indian corporate law, legal accuracy, LexCounsel law offices]

04/09/2025

Draft Arbitration Clauses carefully for better enforceability in India!

[arbitration clause drafting, indian arbitration law, dispute resolution india, contract law india, arbitration proceedings, corporate law tips, drafting legal clauses, arbitration disputes, appointment of arbitrators, arbitration venue]

Address

B-4/232, Safdarjung Enclave
New Delhi
110029

Opening Hours

Monday	9:30am - 8pm
Tuesday	9:30am - 8pm
Wednesday	9:30am - 8pm
Thursday	9:30am - 8pm
Friday	9:30am - 8pm
Saturday	10am - 3pm

Telephone

+911141662861

Website

http://www.lexcounsel.in/

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