Shreshth Sharma

Shreshth Sharma

Partner | New Delhi

Regulatory & Policy, Dispute Resolution
Enrolment No. D/2127/2003

About

Shreshth is a partner in the Regulatory & Policy practice group of the firm With over 14 years of experience, he specializes in civil and regulatory litigation, including advisory. He has advised and represented clients across a range of sectors including energy, mining, aviation, FMCG and real estate. He also has significant experience in handling disputes arising out of contractual and financial agreements, arbitrations and business crimes. He regularly appears before various forums including the Supreme Court of India, various High Courts, Tribunals and Commissions. He is a law graduate from University of Delhi.

Practice areas

  • Regulatory and Policy
  • Dispute Resolution

Expertise

  • Regulatory and general disputes in power sector
  • Regulatory and general disputes in aviation
  • PPP Projects
  • Disputes relating to the mining sector
  • Disputes relating to contractual agreements / constitutional rights

Representative matters

  • Leading power company on representing in first of its kind regulatory proceedings initiated by the lenders of power company being taken over by clients, to seek waiver of the provision in relation to divesting shareholding prior to lock-in period
  • Multiple renewable IPPs on representing before Andhra Pradesh High Court in proceedings arising out of arbitrary and unilateral termination of the power purchase agreements and revision of tariff at the behest state government and consequent violation of must run status of these renewable projects
  • Multiple renewable generators on representing before Andhra Pradesh High Court proceeding on the issue of state intervention in reduction of Tariff and non-payment of invoices by state distribution companies for over a period of one year
  • Renewable IPP in a proceeding before Central Electricity Regulatory Commission whereby the issue of back to back payment obligation under a PPA/PSA was settled by making it to be a primary obligation of the intermediary procurer regardless of payment being received from the end procurer/distribution companies
  • Multiple thermal power generators in proceedings before Appellate Tribunal for Electricity on the issue of computation of stranded capacity and corresponding relinquishment charges impacting the entire power industry with a possible claim of more than INR 4000 crores against the generators being represented

Publications & recognitions

  • “Interplay of polity, policy on infrastructure development” – India Business Law Journal