Sunday, 9 February 2014

Sunanda Pushkar (Tharoor) had asked Rohit Kochhar to prepare a will

Rohit Kochhar, the eminent corporate lawyer, has revealed the fact that Sunanda Pushkar, the deceased wife of Union HRD Minister Shashi Tharoor, had asked him to prepare the will three months ago. At that time, she also told Rohit Kochhar, who was also her good friend, in the context of her illness that life is unpredictable. She asked Kochhar to prepare a will when she was not having any tiff with Shashi. She had left a major portion of her asset for her son from second marriage and something for Shashi Tharoor also.
In 2012-13, Sunanda stated her assets to the tune of more than Rs 112 crore while Shashi had only Rs 6.34 crore. Her wealth made her one of the richest among wives of Indian ministers. According to Rohit Kochhar, she was favorably disposed to Shashi Tharoor at that point of time and even when later her relations turned sour with Shashi, she did not alter her will. Mr. Kochhar said she was in no way insecure as far as wealth and financial solvency is concerned.
Sunanda who was found death in one of the South Delhi’s five star hotel, had taken heavy dose of anti depressant drugs, according to postmortem report.

Thursday, 6 February 2014

Kochhar & Co., Chennai Office inducts Solicitor Hufriz Wadia

Hufriz Wadia has joined Kochhar & Co as a Partner in the Chennai office and will be part of the firm’s Banking & Finance, Corporate and Capital Markets practice. Mr. Rohit Kochhar, Chairman and Managing Partner of Kochhar & Co. announced “I am delighted to welcome Hufriz on board and am confident that she will make a valuable contribution to the Kochhar Chennai office and will help us consolidate our leadership position in Tamil Nadu”. 

Prior to joining Kochhar & Co., Hufriz was a partner at Juris Corp where she headed the Corporate and Commercial team and was a co-partner in the Banking and Capital Markets practice. In her previous incarnation, Hufriz also worked with Al Tamimi & Company in Dubai, Wadia Ghandy, Mumbai and Udwadia & Udeshi, Mumbai.   Hufriz is admitted to the Bar Council of Maharashtra & Goa and is also a Solicitor with the Bombay Incorporated Law Society, as well as in England and Wales.



Tuesday, 21 January 2014

Kochhar LexServe is the renowned LPO entity of the Kochhar & Co.

Kochhar LexServe (“KlexServe”) is the legal process outsourcing entity of Kochhar & Co., a leading and reputed Indian group specialised in imparting diversified services of global and international standards to multinational companies and their Indian subsidiaries, including various Fortune 500 companies based out of North America, Canada, Europe and Japan.

The Kochhar & Co. enjoys the distinction of being the only Indian legal firm with full service offices in the six prominent Indian cities, including, New Delhi, Mumbai, Gurgaon, Chennai, Bangalore and Hyderabad, and seven offices in the United States of America (Atlanta, Georgia), Tokyo, Singapore, Dubai, Riyadh and Jeddah. Last month, Kochhar LexServe opened the office in the Tokyo. The company also partnered with other two prestigious companies and opened its offices in Saudi Arabia & UAE and became the first and the only Indian law firm to open offices in both these countries.
Kochhar & Co. provides a wide gamut of legal services in the areas of corporate and commercial laws and is a specialist in representing major foreign and domestic companies with varied business interests in India. The firm is also actively discharging the duties as the Indian counsel for some of the largest multinational corporations from Europe, North America, South-East Asia and Japan (including various Fortune 500 companies).
Memberships
  • Indo German Chamber of Commerce (IGCC)
  • Electronics and Computer Software Export Promotion Council (ESC)
  • Indo-Canadian Business Chamber
KLexServe's Smart LPO Solutions help in significantly increasing the client’s productivity by streamlining their legal processes / work flow in a more subtle manner.
Following are the web based solutions which are offered by the company-
  • Trademark & IP Portfolio Management
  • Property Management System
  • Litigation Case Management ("LexCases")
  • Contract Lifecycle Management ("CLM")
All the web enabled solutions are developed in-house by the expert team of KlexServe and can be customized to suit individual needs.
Awards & Recognition

  • In the year 2008, The Chairman of the Law Commission of India awarded the Kochhar & Co. with the "National Bar Award" by the All India Bar Association for being "The Most Dynamic and Progressive Indian Law Firm"
  • Kochhar & Co. is awarded with the DealMakers Award 2011: Management Labour and Employment Law Firm of the Year.
  • Legal Era Magazine presented the Best Law Firm award for IT & TMT for 2011-12 to Kochhar & Co
  • Kochhar & Co. is the winner of the Legal Era Award for the “Best Real Estate and Construction Law firm of the Year”
  • In 2010, Kochhar & Co. was presented the award for the Insurance & Re-Insurance Law Firm of the Year in India by Corporate INTL
  • Kochhar & Co. is the proud recipient of the DealMakers Award 2011 “Management Labour and Employment Law Firm of the Year”

Thursday, 7 November 2013

Rohit Kochhar's Lavish Medici Palace

Rohit Kochhar is the man who doesn't easily accept 'no' for an answer when he has decided to do something. This was something Kochhar's architect found out while building the foundation of his dream house. The trouble was, he had a clear idea of every inch and space he wanted for his house and the problem was that his architect thought otherwise.
Kochhar, who formed the legal firm Kochhar & Co in 1994 and is already included in the crème of corporate lawyers in India, is an achiever. He was enjoying an enviable practice, a privileged lifestyle and now he wanted a house to match his style. He wanted a Medici palace.
If you are good in history, then you can remember that the Medicis, were Florentines who, between the 13th and 17th centuries, were among the richest families of Europe, keen interested in science, art and architecture, who later became members of French and English royalty. Some of the grandest surviving architecture of Italy dates from this period and includes the Renaissance and also included the supremely elegant Neoclassical. And it was this that Kochhar wanted in his home.
To completely understand the personality of Kochhar, you need to first understand him. The National Chairman and Managing Partner of the Rs 50 crore firm, Kochhar did not considered himself appropriate for Modern School, Delhi, where children came in luxury cars, whereas he, from the middle class family, was only permitted to have cold drink on the occasions when there were guests at home. After completing education in Mumbai, he came back soon in Delhi, employed as a criminal lawyer who would have specialisation in the Conservation of Foreign Exchange and Prevention of Smuggling Activities (COFEPOSA).


Back to his house, he was always interested to have a ceremonial space and his Medicis house clearly mirages that. Instead of a swimming pool, he has a tennis court on the premises and also there is a well-built gym in the basement. Similarly, the drawing and dinning rooms are overlooking a huge lawn-this is where he might be interested to get entertained on a cool evening. The dining room has a sitting capacity for eighteen people and in the drawing room, he has had his parent's wedding picture painted by artists from Jaipur.

The one thing that is missing in his home, is the absence of books. After all, the Medics were prolific readers. “I do not read”, says the proud owner of this revivalist Medici palace. He further said that he wants to read books as this will help him in getting better understanding of the world.

Wednesday, 23 October 2013

Rohit Kochhar- An Eminent Lawyer Of India

Rohit Kochhar is the Chairman & Managing Partner of Kochhar & Co. Advocates & Legal Consultants Firm and is playing a viable role in the management and operations of the company at both national and global level. In addition to management functions, Mr. Kochhar is also doing private practicing and is regularly advising numerous international clients on divergent matters relating to inbound investments. His core areas of work encompasses regulatory approvals, foreign collaborations, acquisitions, business law, exchange control, joint ventures, commercial transactions and corporate litigation. Mr. Rohit is also advising numerous Fortune 500 Companies on a host of Indian legal issues and he also sits on the board of various Indian subsidiaries of such corporations. Rohit Kochhar has also made its presence felt at various social media platforms, like LinkedIn, etc., and is regularly interacting with his clients via social platform accounts. 
Born in a middle class family, Kochhar's father worked in Telco (now Tata motors) on a modest income. After graduated in law from the University of Mumbai in 1987, Kochhar started practicing in the Delhi High Court for nearly eight years as an independent criminal lawyer. He did not follow the norm of working under an established lawyer and thus, worked independently. It was a successful step as Kochhar became a specialist in Conservation of Foreign Exchanges and Prevention of Smuggling Activities (COFEPOSA) matters. In the year 1994, he formed Kochhar & Co in Delhi with two other lawyers.
Areas of practice
  • Company Formation
  • Corporate and Business
  • Joint ventures
  • Formation of Indian subsidiaries for foreign corporations
  • Foreign investment
  • Taxation
  • Mergers & Acquisitions
  • Regulatory & Compliance Law
  • Joint Ventures & Collaborations
Professional Career
Significant Accomplishments
  • In Jan. 2010, Mr. Rohit Kochhar has been conferred the prestigious Rashtriya Gaurav Award (Pride of India) for his remarkable achievements in the legal field.
  • On August 19, 2009, Rohit Kochhar has been presented the Rajiv Gandhi Award for being the 'Young Achiever & Entrepreneur” by the popular Hindi movies Actress, Katrina Kaif and Congress MP, Rajiv Shukla.
  • Mr. Kochhar is the recipient of the 'National Law Award' for Excellence in Corporate Law in 1999.
  • In 2008, Mr. Rohit Kochhar was awarded the International Council of Jurists Award.
Member
  • Supreme Court Bar Association
  • Delhi High Court Bar Association
  • International Bar Association
  • Inter Pacific Bar Association
Publications
  • Co-written a book, 'Doing Business in India'.
  • He has written an article on 'Exit from a Joint Venture in India' in the journal of the Japanese Institute of International Business Law.
Educational Qualifications

Rohit Kochhar is holding an Honours Degree in Commerce from the University of Delhi after which he got the Bachelors Degree in Law (LL.B.) from the University of Mumbai. 

Monday, 21 October 2013

The House Of Rohit Kochhar- A Perfect Blend Of Luxury and Comfort

The eminent lawyer Rohit Kochhar has perfectly blended Roman and Greek architecture and filled his 'dream home' with beautiful artefacts from all over Europe. This is acknowledged as one of the most spectacular homes in Delhi's posh Chattarpur Farms area. Reclusive yet highly distinguishable lawyer, Rohit Kochhar’s three-acre home presents a unique medley of sweeping staircases, marble columns and pillars, exquisite Italian art and well-manicured lawns.

This is the place where Kochhar resides with his wife Sonali and two daughters. The Kochhars have been staying in the house for more than five years. Kochhar said that building his dream house was more tougher than running a law firm. And the main thing is that the house also 'had' to be spacious. Kochhar himself confessed to being obsessed with space. Therefore, whenever he travels, he only checks into a suite with rooms of a particular size. And he prefers to travel in a customized stretch Mercedes. Moreover, it's no surprise that the rooms in his home are so spacious that they look like mini-halls. For instance, the dining space is probably large enough to easily hold an official state banquet. Similarly, the basement of the house has an indoor swimming pool, a play station and a gym. Whenever Mr. Rohit is at home, he loves to spend his time in the gym. The ground floor of the house has four bedrooms, a drawing hall, a huge atrium and a dining area. The first floor of the house encompasses the puja room, study area and Kochhar’s office.

The entire designing of the house was done by Kochhar himself. He has beautifully decorated his house with artefacts from Italy and Spain. When the house was ready, he made a special trip to Prague to choose some amazing chandeliers. The house is situated in the amidst of manicured lawns and an aged bonsai tree welcomes you at the main gate and a giant bronze Ganesha blesses you under the porch.
The entire flooring is done in flawless Italian marble that's beautifully trimmed with black edging. A vivacious crystal chandelier drops from the ceiling, while paintings & sculptures by Italian artists and gilded mirrors add to the grace of the room. Kochhar is a great art lover. Except one portait of his parents, all paintings were painted by Italian artists. The centre of attraction is a big 22-ft tall painting that is gorgeously decorating the wall of the atrium.


Kochhar's favourite painting is the replica of the famous 'Dancer'- a sculpture of three semi-nude dancers, by Antonio Canova. There is another great sculpture, 'The Three Cupids', weighing nearly 400 kg, which is placed in the passage, between the living and dining area. But Kochhar grieves the fact that since he is engrossed in his work schedules, he finds less time to relax at home.  

Tuesday, 15 October 2013

Burj Khalifa : The Coveted Address Of Indian Personalities, Like Rohit Kochhar & Shilpa Shetty

Burj Khalifa, the world's tallest tower and undeniably the poshest address in the Gulf region, is fast gaining a distinct Indian identity. In the current scenario, Indians are owning more than a hundred of 900 apartments in Dubai's 828-metre skyscraper, a positive sign of the increasing financial power of the Indian community in the West Asia. Some of the prominent Indians who have bought an address in Burj Khalifa, include renowned lawyer Rohit Kochhar, actors Mohanlal and Shilpa Shetty and her entrepreneur husband Raj Kundra. As per an estimation, Indians have purchased nearly 100-150 apartments since the completion of the project in 2010. This figure mirages a rising trend among well-heeled Indians to invest in properties which are nestled in the West Asia. Indians are showing keen interest towards the real estate market of Dubai. They are frequently buying, selling, flipping regularly and are playing an active role in Dubai's realty sector.
BR Shetty, owner of the UAE Exchange and the NMC Hospital, has purchased the entire 100th floor, while NV George, who is holding 14% stake in the Kochi International Airport, has also included its name in the list by buying seven apartments in this classic building. Delhi based eminent lawyer, Rohit Kochhar, said, “It's a big status symbol to buy an apartment in this world-famous building." Mr. Kochhar has strengthened his relations with Dubai by opening an office in the city.
Purchasing the property in Burj Khalifa, however, offers more than just a fancy address. There is a great surge for rental in this building. Property dealers also confirm that the real estate prices are skyrocketed in Dubai, West Asia's leading trading hub. Due to the upswing in property rates, investors are seeing a good opportunity for price appreciation in the market. Property prices in the UAE had descended during the international financial crisis, with various project developers had halted their sales. But now the prices have started to stabilise, following a rise in the economic growth.
The Burj Khalifa tower has also achieved the world record for the highest installation of an aluminium and glass facade, at a height of 1,679.8 ft. The total weight of aluminium used on this tower is equivalent to that of five A380 aircrafts. The exterior-cladding system of Burj Khalifa is vivaciously designed to withstand the summer weather of UAE. In all, the 24,348 cladding panels are covering a curtain wall area of around 132,190 sq m, and its marvellous exterior is minimising heat transmission and thus, helps in saving energy. However, the most distinguishable feature of Burj Khalifa is its 'telescopic' spire, which comprises of more than 4,000 tonnes of structural steel. It can be easily seen from even 95 km away.