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GENNEXT 2021 - BUSINESS & LAW CONGRESS - Keynote Address by Anand Desai
Mr. Anand Desai, Managing Partner, DSK Legal delivered his keynote address highlighting the importance of constructive interplay between the government, business, regulators, and courts. He opined, "It is important for members of the legal profession, with other stakeholders, to address the need to reduce litigation. This can be aided by clear and simple policies, statutes, and regulations. The role and responsibility of regulators, and the concept of a lead regulator (as against multiple agencies stepping in against an "accused") for each set of "offenses" must be seriously considered and implemented. The constructive interplay between the government, business, regulators, and courts is essential for improving our economy. This includes the government abiding by arbitral awards and court orders, instead of challenging every award or order passed against them.