Gathi Prakash Karrah

She has over 12 years of experience in dispute resolution and focuses on International Commercial Arbitration, Domestic Arbitration and Corporate-Commercial Litigation. Gathi also handles disputes in the Healthcare & Pharma sectors and regularly appears before courts, tribunals and regulatory authorities in India.

• Zee Entertainment Enterprises Limited (ZEEL) in an Application for Emergency Interim Relief filed by certain Sony Group entities seeking termination fee of USD 90 million in a Singapore-seated SIAC arbitration. The foreign Emergency Arbitrator determined that he had no jurisdiction or authority to injunct ZEEL from approaching an Indian Tribunal (NCLT) to implement a scheme for merger and held that the NCLT will have jurisdiction.
• Dr. Bina Modi in a landmark judgment from the Delhi High Court granting an anti-arbitration injunction against a Singapore-seated ICC arbitration commenced by Mr. Lalit Kumar Modi for resolution of a USD 1 billion (approx.) dispute under a family trust deed.
• YES Bank Limited and J.C. Flowers Asset Reconstruction Private Limited before various fora including the Supreme Court, Bombay, Allahabad and Delhi High Courts, NCLT and SAT, in relation to an INR 5,000 crore loan dispute with the Essel Group, Dish TV India Limited and World Crest Advisors LLP, and obtaining a judgment from Bombay High Court which affirms a lender/assignee’s right upon invocation of pledge to be registered as beneficial owner of and to exercise voting rights over pledged shares.
• Larsen & Toubro Limited in an ad-hoc domestic arbitration against Oil and Natural Gas Corporation under a complex, high value contract in the oil & gas sector involving the construction of offshore platforms on LSTK basis and obtaining a favourable award of INR 950 crores (approx.) (which includes an additional award).
• The Board of Control for Cricket in India (BCCI) in successfully establishing fraud in the execution of a media rights license agreement with World Sport Group (India) Private Limited in relation to the Indian Premier League (IPL) before an ad hoc domestic arbitral tribunal, resulting in dismissal of INR 900 crore (approx.) worth claims against BCCI. Although a single judge of the Bombay High Court has set aside the award, the judgement is in challenge before a division bench of the Bombay High Court.
• BCCI in a challenge to a Bombay High Court judgment that set aside an arbitral award directing BCCI to pay Deccan Chronicle Holdings Limited (DCHL) INR 4,814 Crores (approx.) for wrongful termination of its IPL franchise agreement.
• Larsen & Toubro Limited in an ad hoc domestic arbitration against Mumbai Metropolitan Region Development Authority (MMRDA) with multi-claim disputes in relation to construction of the Mumbai Monorail.
• Life Insurance Corporation of India (LIC) in writ proceedings filed before the Supreme Court and Bombay High Court challenging the LIC IPO.
• LIC in a writ petition filed by a bidder before the Bombay High Court challenging a request for proposal issued by LIC for appointment of a Registrar and Share Transfer Agent. The Bombay High Court refused to interfere with LIC’s tender process.
• Larsen & Toubro Limited in several writ proceedings before the Bombay High Court challenging tender conditions or tender evaluation by MMRDA and Brihanmumbai Municipal Corporation (formerly Municipal Corporation of Greater Mumbai) in tenders issued for major infrastructure & construction projects.
• Fortis Hospitals Limited and its officers and erstwhile directors before the Bombay High Court and obtaining a stay of criminal proceedings initiated against them by the Food and Drug Administration Department, Maharashtra alleging violations of the Drugs and Cosmetics Act, 1940
• BCCI in appeal proceedings under FEMA before the Appellate Tribunal in New Delhi and obtaining interim relief in the form of dispensation from pre-deposit of the penalty levied by the Directorate of Enforcement, Mumbai on BCCI.
• YES Bank Limited in a suit filed before the Bombay High Court by erstwhile promoter group- the Madhu Kapur Group, challenging several resolutions proposed to be placed before shareholders of the Bank at shareholders’ meetings held between the years 2013 to 2015, alleging inheritability of the late promoter’s special rights under the Articles of Association. Parties settled their disputes and proceedings were withdrawn after 8 years of contentious litigation.
• Edelweiss Financial Services Limited and the Edelweiss Group NBFCs in proceedings initiated against Moody’s Corporation before the Bombay High Court for publishing and disseminating false information.
• An affiliate of Aster DM Healthcare Limited before the Andhra Pradesh High Court at Amaravati challenging a Notice issued by the District Medical & Health Officer, Krishna District, Andhra Pradesh, and getting it set aside.

• Co-Chair, Young MCIA Steering Committee (2023-25)

• Advocate, Bar Council of Maharashtra & Goa
• Member, Bombay Bar Association
• Member, Young SIAC