SETTING THE BENCHMARK FOR PROFESSIONAL DEVELOPMENT AND NETWORKING, THE LEGAL ERA GENNEXT CONGRESS ON
THEME: GEOPOLITICS, BUSINESS & LAW: UNDERSTANDING IMPACT, CHALLENGES & DEVELOPMENT ACROSS THE WORLD
The 9th Annual GENNEXT Business & Law Congress, 2020, to be held on March 6th and 7th, 2020, at HOTEL TAJ LANDS END, MUMBAI, INDIA, will see thought leaders and policymakers congregate to discuss the impact of geopolitics on business and how organizations can tide over threats while cashing in on opportunities.
The past few years have brought a wave of reforms for India; demonetization, the Goods and Services tax (GST) and the Fugitive Economic Offenders’ bill, not to mention the lending of more teeth to the Prevention of Money Laundering Act, Companies Act and the Insolvency and Bankruptcy Code. Barely days ago, the Judiciary brought a contentious socio-political issue to its logical conclusion by ordering that the disputed land in AYODHYA be handed over to the RAMJANMABHOOMI trust for building a Ram temple and an alternate five acres of land be handed over to the SUNNI WAQF BOARD for building a mosque. However, as India pushes on all fronts to occupy pride of place in the world, it cannot afford to ignore the key geopolitical undercurrents driving business and governance across the globe.
For starters, we are moving from a US-dominated to a multipolar world partly due to the growth in emerging economies and partly due to inequality and political discontent in developed markets. This will result in intensely higher levels of complexity for businesses spanning the globe. Secondly, Western democratic models are being challenged by alternative political systems that have proved more resilient and less fractious while tackling global challenges. Thirdly, the 4th Industrial Revolution is well upon us, and its formidable combination of big data, analytics and technology promises to disrupt not only global business but also our world order. These major shifts are manifesting themselves in developments such as the corroding relations between USA and China, internal and external challenges to the unity and stability of the European Union (EU), and a move towards evolution and not revolution in global trade relations, among others.
Darius J. Khambata, Senior Counsel, LL.B. (Bombay), LLM (Harvard), practices before the Bombay High Court and the Supreme Court of India. He currently occupies the Office of the Advocate General of Maharashtra. Traditionally, the Advocate General is regarded as the ‘Leader of the Bar’ at the Bombay High Court. He appears for the Government of Maharashtra in its major litigation before the Bombay High Court and the Supreme Court of India.
Prior to his appointment as Advocate General, he served as Additional Solicitor General of India for three years, and in such capacity, he appeared for the Government of India in its major litigation before the Bombay High Court. He has appeared in a number of important Constitutional, Corporate, and Commercial matters for both the Government of India as well as the Government of Maharashtra.