Satatya Anand

Satatya Anand

Managing Partner

EDUCATION
MEMBERSHIP
PRIMARY PRACTICES
ABOUT SATATYA

Satatya is a graduate of the Chanakya National Law University, Patna. He holds an experience of working as a Senior Associate in the Dispute Resolution Team of Cyril Amarchand Mangaldas, in its Delhi-NCR office. Satatya holds advisory, litigation and arbitration experience. He specializes in media and entertainment cases, civil commercial disputes / advisory, insolvency law, general corporate, white-collar crime (including criminal appellate side), debt recovery matters and arbitration.

He has advised and represented leading industrial groups including JSW, Jindal Steel Power Limited (JSPL), Adani Ports and Power Ltd., Renault India, Hyundai, Sephora India, Samrat Cinematics (Media and Production House) Sunflag Iron and Steel Ltd., Shah Alloys Limited, IDBI Bank and other leading public sector banks, HDFC, NHAI, and many other private as well as public sector undertaking. He has been involved in successful bidding processes and acquisitions of various companies under liquidation such as Kwality Ltd. for JSPL, etc. His work also spans advising a Singapore-based international conglomerate on strategic insolvency and restructuring matters in India and also defending the directors of the Singapore Based entity in a series of criminal litigations in India. He has also been involved in a high-profile family dispute with regard to the estate of Mr. Abhey Kumar Oswal (Oswal Greentech and Oswal Agro) wherein, he was advising Mrs. Aruna Oswal.

Satatya regularly appears and argues before the Supreme Court, Delhi High Court, Bombay High Court, Allahabad High Court, DRT, DRAT, Consumer Courts, National Company Law Appellate Tribunal, various benches of the National Company Law Tribunal, various district courts, high courts and arbitral tribunals. Known for his sharp legal insight, meticulous preparation, and courtroom strategy, Satatya has built a reputation for delivering results in some of the most challenging legal disputes in India’s commercial and regulatory landscape.

Representative Matters
  • Advising and representing JSPL (successful bidder) for acquiring Kwality Ltd. under liquidation and getting various reliefs and concessions for it.
  • Advising and representing State Bank of India in the corporate insolvency resolution process of Meenakshi Energy Ltd.
  • Advising and representing one of India’s leading steel producers i.e. Shah Alloys Ltd. in a landmark ruling of the Supreme Court, regarding admission of petition under Section 9 of Insolvency Bankruptcy Code, 2016 (IBC), wherein various issues such as limitation and pre-existing dispute under Sick Industrial Companies (Special Provisions) Act, 1985 (SICA) and IBC were discussed. [Reported judgment: Sabarmati Gas Limited. vs Shah Alloys Limited, (2023) 3 SCC 229]
  • Advising and representing various corporates in the CIRP and Liquidation process under IBC.
  • Advising and representing various financial and operation creditors including banks, corporates, home-buyers, etc. before various NCLT’s and NCLAT.

Advising and representing Samrat Cinematics before Hon’ble Bombay High Court against Central Board of Film Certification with regard to certification of the film “Ajey: The Untold Story of a Yogi”. The Hon’ble Bombay High Court was pleased to watch the movie itself and thereafter, paved the way for its release in theatres without any modifications/cuts.

Advising and representing seafarers / merchant navy officers before Hon’ble Bombay High Court wherein a circular of Directorate General of Shipping was challenged by virtue of which thousands of seafarers holding foreign certifications were rendered jobless. We also secured a favorable stay order from the Hon’ble Bombay High Court lifting the blanket ban on the seafarers.

Advising and representing IDBI Bank and other leading Public Sector Banks in recovery actions aggregating to claims of over INR 2000 crore, including proceedings under the Recovery of Debts and Bankruptcy Act (RDB Act) and the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI Act) before the DRT and DRAT.for acquiring Kwality Ltd. under liquidation and
getting various reliefs and concessions for it.

  • Advising and representing Mr. Naveen Jindal (present Member of Parliament & Chairman of JSPL) in the coal block allocation case before the Supreme Court in a challenge to order of framing charges and further investigation by the CBI.
  • Successfully handled quashing petitions and Special Leave Petitions (SLPs) arising from proceedings initiated by the Enforcement Directorate (ED) against senior officials of JSW.
  • Successfully defended the directors of Singapore based company in proceedings emanating from NI Act before Punjab & Haryana High Court
  • Advised and representing several accused in connection with different investigations under the PMLA, before the Supreme Court and the Delhi High Court.
  • Advising and representing accused before the Patiala House Courts in connection with trial under the NDPS Act.
  • Advised and represented Malabar Golds and Diamonds before Delhi High Court in a series of cyber criminal complaints filed against an entity which had done fraudulent transactions with Malabar leading to freezing of its accounts.
  • Successfully handled matters before Allahabad High Court relating to civil litigation giving cloak of criminal offences amongst directors of a Company.
  • Advised and represent Sunflag Iron and Steel Ltd. in its arbitration proceedings initiated against a coal mine owner in Orissa for contractual breach in supply of iron ore
  • Advised and represented NHAI in various arbitration proceedings in Delhi and Haryana
  • Advised and represented Renault India and Hyundai (car manufacturers) before various consumer forums and successfully defended the claims against the clients.
  • Advised and represented various builders including Saha Group, Supertech etc. before various consumer courts including the National Consumer Disputes Redressal Commission.
  • Advising Sephora India (luxury cosmetic and skincare brand) in its renewal of leases pan India and restructuring thereof.
  • Advising TapGro (a startup) on its legal compliances and various company restructuring processes.
  • Advising leading international infrastructure company based out at Paris, France in their prearbitration dispute against a leading Indian PSU.

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