Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
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Prakhar Shrivastava

Prakhar Shrivastava

In House Legal Counsel
New Delhi

Summary

In House Corporate Counsel with strong drafting, negotiation and analytical skills and an ability to strike the requisite balance between achieving the commercial goals of the business teams while optimising the organisation’s best interests. Rich experience in leveraging the internal processes for maximum efficiency while simultaneously looking for solutions to reduce turn around time and promote the quality of legal opinions provided to various internal stakeholders.

Overview

7
7
years of professional experience
5
5
years of post-secondary education

Work History

Chief Manager- Legal

ICICI Bank Ltd.
New Delhi
04.2019 - Current
  • Handled end to end legal service delivery on various high stake lending transactions across multiple portfolios to various Indian SMEAG clients, mid corporates, multinationals, foreign JVs and SPVs, including drafting and negotiating documents like Facility Agreements, Inter-Creditor Agreements, Security Documents, ISDA Schedules etc.
  • Advised the Bank in relation to stressed accounts, including developing pre-litigation strategies, initiating recovery proceedings, enforcement of security and sale of assets.
  • Worked on various project financing transactions with sustainable power and global renewable energy conglomerates simultaneously assessing the risks, contractual or statutory, inherent in the power purchase agreements executed by such conglomerates with governmental bodies.
  • Worked on various transactions with specific securities such as SBLC’s that required negotiations with external counsels’ across global jurisdictions.
  • Led end-to-end automation of processes related to lending to partnership firms resulting in a reduction of TAT for such transactions by upto 45%
  • Single-handedly formulated and implemented simplified loan sanctioning processes for certain industry segments resulting in a reduction of the TAT by 70% and an increase in the Bank’s market share in the same segments.
  • Designed processes and policies to facilitate lending transactions remotely, in response to the COVID-19 pandemic
  • Worked on derivative products and various high stake negotiations on ISDA Schedules with a wide range of Indian multinationals.
  • Critical analysis of applicable change in law and consequent risk assessment and the impact thereof on bank’s businesses

Legal Executive

Royal Sundaram General Insurance Co. Ltd.
Chennai
06.2017 - 04.2019
  • Work profile included reviewing defendable matters in both Motor Accident Claims Tribunal and Consumer Forums in the Northern and Central regions and formulating strategies for defending such cases.
  • Drafting and filing written statements in the MACT and Consumer forums.
  • Drafting and filing criminal complaints and strategizing defence of fraud claims.

Education

B.A. LLB -

Army Institute of Law, Mohali
Punjab, India
06.2012 - 04.2017

Skills

    Legal & Commercial Contract Review

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Accomplishments

    RESEARCH PAPERS & CONFERENCES

  • Presented a research paper on “Third Gender: A Tag or an Era of Change” in RGNUL’s UGC Sponsored Seminar on Human Rights
  • Instrumental in implementation of an industry first internal tool that has helped the lifecycle management of various contracts such as non-disclosure agreements, escrow agreements, trust and retention accounts agreements etc.
  • Instrumental in formulation of beat the curve contest that provides penultimate year law students with an opportunity to pursue a career with ICICI Bank. Single handedly formulated a problem statement for the said contest based on the concept of tokenisation and successfully conducted interviews for the same.
  • Instrumental part of an internal team on knowledge management that was tasked with pooling of resources and materials including but not limited to judicial precedents, statutes etc. in the form of a ready reckoner for iternal reference..

Timeline

Chief Manager- Legal

ICICI Bank Ltd.
04.2019 - Current

Legal Executive

Royal Sundaram General Insurance Co. Ltd.
06.2017 - 04.2019

B.A. LLB -

Army Institute of Law, Mohali
06.2012 - 04.2017
Prakhar ShrivastavaIn House Legal Counsel