Mon, Feb 20, 2017 | updated 11:46 AM IST

INBA presents Sarosh Zaiwalla 'Lifetime Achievement' award

Updated: Dec 02, 2016 08:07 IST

New Delhi [India], Dec. 2 (ANI): Sarosh Zaiwalla, Founder and Senior Partner of the internationally renowned law firm, Zaiwalla & Co Solicitors, was presented the 'Lifetime Achievement' award for his outstanding contributions to the legal sector at this year's prestigious Indian National Bar Association (INBA) award ceremony in New Delhi recently.

Organised by the Indian National Bar Association (INBA) the largest voluntary Bar Association in New Delhi, India, the award ceremony was held to recognise and celebrate the significant role that lawyers play in Indian society.

Inspired by his father's success as the first Asian to qualify as a lawyer in the UK, Zaiwalla immigrated to the U.K. during the mid-1970s to pursue a career in law.

Zaiwalla then joined a maritime law company and caught the attention of the renowned maritime arbitrator Cedric Barclay.

Barclay soon became his mentor and encouraged Sarosh to set up a law firm of his own, known as Zaiwalla &Co which he founded in 1982.

In doing so, Zaiwalla & Co Solicitors became the first English solicitors firm started in the one square mile district of the City of London by a Solicitor born outside Europe.

Zaiwalla is the firm's senior partner, overseeing all the firm's activities.

He began his career in shipping law and arbitration, and then branched out into non-shipping arbitration.

A former member of the International Court of Arbitration of the ICC, Paris, (1990 - 2002), Zaiwalla is also a CEDR (Centre for Effective Dispute Resolution) accredited mediator.

The firm has been at the forefront of handling major cases in India which include acting for the President of India in over 300 Indian shipping maritime arbitration cases in London at a time when the nation was facing an economic crisis and had limited foreign exchange.

India tended to lose most of its cases in London till Zaiwalla turned this around and achieved savings of £50 million.

Interestingly, he employed and dismissed former British Prime Minister Tony Blair in a case for the President of India.

The only time Tony Blair's name appears in the law report is instructed by Zaiwalla & Co.

Zaiwalla & Co also worked closely with the Gandhi family on numerous occasions.

For example, Rajiv Gandhi hired Zaiwalla to defend the Organising Committee of the Ninth Asian Games in Delhi in legal proceedings brought in the English Court by METCO, a company from Dubai.

He was successful and Gandhi would refer Zaiwalla to all of his friends who required his legal services in London.

Other major cases the firm has represented for India clients include the Shah vs HSBC case which changed the law on the way banks can report suspicions of money laundering; Haswani vs Jivraj case which changed the law on discrimination of arbitrators; defended arbitration involving £170M claim against Tamil Nadu Electricity Board brought by a power generating company with an American stake holding; and represented Bollywood actor Amitabh Bachchan in a libel case.

Also internationally, Zaiwalla has been a prolific international legal expert having handled cases for clients, including the Government of the People's Republic of China (PRC), The Dalai Lama, the office of the Ruler of Dubai, as well as the Russian Federation.

He was also involved in managing the cases of high profile clients before the UK Supreme Court and EU Courts surrounding the Iran nuclear programme sanctions imposed by the EU and U.K.

Zaiwalla heads the team handling the case for Iran's largest private bank, Bank Mellat.

The firm is representing the bank in its $4 billion USD damages claim, and has successfully had sanctions imposed on the bank by the U.K. Government overturned.

Speaking about the accolade, Zaiwalla said, "I am delighted and honoured to have been awarded the 'Lifetime Achievement' award. I am proud of this achievement and grateful to be sharing this success with the firm Zaiwalla & Co Solicitors. I owe this recognition to my team, for their support and commitment to develop and take the firm further. We have great plans for the firm and I am confident that we can achieve these goals with the sort of talents and expertise that make us a success."

In a high-profile career expanding nearly 35 years, some of Zaiwalla's other prestigious accolades have included:

• Mr Zaiwalla being named as one of GQ UK's 100 Most Connected Men in 2016.

• He was appointed to the Council of the University of Chicago's Harris School of Public Policy - a leading policy analysis centre in the US.

• He was made a Freeman of The City of London by the Lord Mayor of London in 1998.

• He was given India's Annual National Law Day Award by the Indian Prime Minister for his outstanding contribution to the field of International Arbitration Law in October 2002.

• He was appointed an Arbitrator to the Panel of Arbitrators by the Korean Commercial Arbitration Board in June 2008.

He was appointed as Representative of the Union of Comoros to the International Maritime Organisation in 2011. (ANI)

New Delhi [India], Feb. 20 (ANI): Samajwadi Party spokesman Rajendra Chaudhary courted controversy by branding Prime Minister Narendra Modi and Bharatiya Janata Party (BJP) President Amit Shah as 'terrorists', adding that they are trying to mislead voters in Uttar Pradesh to gather support for the party.

Full Story >>

Kohima [India], Feb. 20 (ANI): The ruling Naga People's Front (NPF) Legislature Party will meet in Kohima today to elect a new leader following the resignation of Nagaland Chief Minister TR Zeliang.

Full Story >>

New Delhi [India], Feb. 20 (ANI): In the aftermath of noted gangster Lovely Lamba's arrest in Ludhiana, Punjab, his supporters resorted to vandalism across the city, expressing their resentment over the same.

Full Story >>

New Delhi [India], Feb. 20 (ANI): A post office in Delhi's Anand Vihar was looted by five to six unknown men and around 17 bags on money were stolen on Sunday night.

Full Story >>

New Delhi [India], Feb. 20 (ANI): Prime Minister Narendra Modi on Monday greeted the states of Arunachal Pradesh and Mizoram on their Statehood Day, expressing his desire to see development usher into the states.

Full Story >>

New Delhi [India], Feb. 20 (ANI): With Prime Minister Narendra Modi courting controversy over his 'Diwali electricity' remark, the Congress on Monday took a jibe at him asking if he wanted to become a municipal commissioner, since he was showing a keen interest on local issues as distribution of electricity.

Full Story >>

New Delhi [India], Feb. 20 (ANI): The Congress is set to file a complaint against Prime Minister Narendra Modi over his controversial remarks made during his rally in Fatehpur district in Uttar Pradesh yesterday.

Full Story >>

New Delhi [India], Feb. 20 (ANI): Today is last date for withdrawal of nominations for the seventh and last phase of Assembly elections in Uttar Pradesh.

Full Story >>

Tundla(Uttar Pradesh), Feb. 20(ANI): Delhi-bound Kalindi Express collided with a freight train at Tundla junction in Uttar Pradesh in the early hours of Monday.

Full Story >>

Mumbai (Maharashtra) [India], Feb. 20 (ANI): Condemning Prime Minister Narendra Modi for drawing a parallel between Hindu and Muslim festivals, the Samajwadi Party leader Abu Azmi on Monday said that the former is just trying to create 'polarisation' by making such remarks.

Full Story >>

New Delhi [India], Feb. 20 (ANI): The Congress Party on Monday tore into Prime Minister Narendra Modi in the wake of the Uttar Pradesh Assembly elections saying that the Bharatiya Janata Party (BJP) -led NDA Government is going to lose the polls and advised the latter to look into his 'Karam Kundali'.

Full Story >>

Delhi: 48-year old shot dead in Sonia Vihar

Updated: Feb 20, 2017 06:03 IST

New Delhi [India], Feb. 20 (ANI): In a shocking incident, a man was shot dead by an unidentified person in the Sonia Vihar area on Sunday night here.

Full Story >>

Kohima (Nagaland) [India], Feb. 19 (ANI): Governor of Nagaland P.B. Acharya on Monday accepted the resignation of Chief Minister T.R. Zeliang.

Full Story >>

New Delhi [India], Feb. 20 (ANI): The Supreme Court today will hear the State Bank of India (SBI)-led consortium's plea against defunct airline Kingfisher's owner Vijay Mallya.

Full Story >>

New Delhi [India], Feb. 20 (ANI): The Delhi High Court on Monday will hear a plea by controversial Islamic preacher Zakir Naik's NGO, the Islamic Research Foundation (IRF), challenging the ban by the Home Ministry on the organisation.

Full Story >>

New Delhi [India], Feb. 20 (ANI): The Delhi High Court on Monday will continue the hearing over the case of Najeeb Ahmed, the student from Jawaharlal Nehru University (JNU) who has been missing from October 15th last year.

Full Story >>

SC to hear plea on Cauvery river dispute today

Updated: Feb 20, 2017 04:56 IST

New Delhi [India], Feb. 20 (ANI): The Supreme Court on Monday will hear the plea regarding the Cauvery dispute between Tamil Nadu and Karnataka.

Full Story >>

Hyderabad (Telangana) [India], Feb. 20 (ANI): Telangana Chief Minister K. Chandrashekhar Rao on Sunday stressed on improving the standard of living of the handloom and powerloom weavers and worker and asserted that their pain and suffering should be eradicated.

Full Story >>

Itanagar (Arunachal Pradesh) [India], Feb.19 (ANI): The formal celebration of Golden Jubilee Nyokum Yullo, 2017, began on Sunday with inauguration of Golden Jubilee Gate, Art and Craft Gallery, food courts and exhibition stalls.

Full Story >>

Raipur (Chhattisgarh) [India], Feb.19 (ANI): The Central Bureau of Investigation (CBI) on Sunday registered a case against a Chhattisgarh government employee for allegedly seeking 'help in a case against him' by paying bribe through Hawala operators.

Full Story >>