Daiichi Sankyo may have last laugh


A team from New Delhi-based P&A Law Offices represented Daiichi Sankyo when both Delhi High Court and the Supreme Court recently gave the go-ahead for the enforcement of a ₹35 billion arbitral award against the founders of Ranbaxy, brothers Malvinder Singh and Shivinder Singh.

“This case involves the highest damages ever awarded against Indian nationals,” managing partner Anand Pathak told India Business Law Journal. “It is not merely a case of litigation and enforcement of an arbitral award … it has become a case study in Japan and other jurisdictions of the challenges of doing transactions in India. The case was decided in Daiichi’s favour very quickly and effectively by the Indian courts showing the strength of the Indian judicial system”.

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Read more about this case: Daiichi reels at Ranbaxy antibiotic recall