A high-profile case going on in UK Supreme Court The Bank of England has an Indian connection to decide the fate of Venezuela’s gold worth €1.6 billion deposited. Kartik Mittal – A young Indian-origin lawyer who is a partner in Zavala & Company, a prestigious law firm in the City of London – is representing the Venezuelan government and Banco Central de Venezuela (BCV) in the lawsuit against the Bank of England (BoE). )
The on-going tussle between the two rival boards of Venezuela’s central bank goes back to the controversial presidential elections in the country in May 2018. While some countries, including the UK, have supported Juan Guaido’s claim for the presidency of Venezuela, Nicolas Maduro has been declared as president by Venezuela’s state machinery, including the Supreme Court.
Mittal explained, “The question before the UK courts is which of the two rival boards has the rights to the more than $2 billion of Venezuelan gold reserves held in the Bank of England.” The lawyer was born and brought up in Delhi and earned a bachelor’s degree in law from Symbiosis Law College, Pune, before moving to the United Kingdom to pursue his Masters. University of Warwick.
Significantly, the central bank of Venezuela sued the Bank of England in May 2020 after it refused to act on the instructions of the BCV. united nations development program Assist in securing humanitarian aid, medicine and equipment needed for Venezuela’s response to the COVID-19 pandemic.
While the matter is of global importance and involves a conflict between the UK government’s approach to the electoral process in a foreign country and the ground realities there, it is not the only important matter that Mittal has handled. In fact, he has been at the helm of various litigation and arbitration disputes for Indian and non-Indian clients including representing Indian Oil Corporation and Tamil Nadu Electricity Board in their arbitration disputes in London.
“Two cases that are closest to my heart are those in which my firm worked for Indian state entities, the Tamil Nadu Electricity Board and PEC Ltd. In them, we were able to save Indian taxpayers millions of pounds and it felt great to own Be able to serve the country even if one is abroad,” he said.
Mittal feels that the transition to qualify as a lawyer in the UK is a relatively straight forward educational exercise for Indian lawyers, given that the Indian Basic Laws are similar to the English Basic Laws, given that the two countries share a shared history. share. He said, “The judicial system in England is far more organized and well-organized than in India and, therefore, the biggest challenge lies in adopting the English way of doing things.”
Every year, he sees an increasing number of Indian students moving to the United Kingdom to pursue higher education. “While some Indian lawyers are now practicing in London firms and it is encouraging to see the numbers rising over the years, the number of Indians working in the legal sector is compared with the larger numbers in other sectors such as infotech and finance. Can’t be done,” Mittal expressed his displeasure. And the challenge for lawyers in India, he explained, is in securing a job with a law firm operating in the UK.
“Although there has been a campaign in Britain to make the legal profession more diverse, there is still some way to move away from what was traditionally considered the ‘white English male profession’ before it was actually to be considered. Miscellaneous.”
While he is happy to add many bright candidates from India and other countries to the diversity of the English legal profession, he feels that UK immigration rules, which make it easier for law firms to hire British nationals rather than foreigners, are partly guilty of. “However, there are firms like ours that have always provided young Indian lawyers with the opportunity to work and practice in the UK.”
He joined Zaivala & Company as a trainee in 2009 and was promoted to a partner in 2019.
Mittal hails from a family of lawyers – his father, Sunil Mittal, is a senior advocate in Delhi and his mother, Rumnita Mittal, a member of the Delhi State Consumer Disputes Commission serving as a judge for two consecutive terms. His grandfather Gulshan Rai Luthra served as a judge in the Delhi High Court.
The on-going tussle between the two rival boards of Venezuela’s central bank goes back to the controversial presidential elections in the country in May 2018. While some countries, including the UK, have supported Juan Guaido’s claim for the presidency of Venezuela, Nicolas Maduro has been declared as president by Venezuela’s state machinery, including the Supreme Court.
Mittal explained, “The question before the UK courts is which of the two rival boards has the rights to the more than $2 billion of Venezuelan gold reserves held in the Bank of England.” The lawyer was born and brought up in Delhi and earned a bachelor’s degree in law from Symbiosis Law College, Pune, before moving to the United Kingdom to pursue his Masters. University of Warwick.
Significantly, the central bank of Venezuela sued the Bank of England in May 2020 after it refused to act on the instructions of the BCV. united nations development program Assist in securing humanitarian aid, medicine and equipment needed for Venezuela’s response to the COVID-19 pandemic.
While the matter is of global importance and involves a conflict between the UK government’s approach to the electoral process in a foreign country and the ground realities there, it is not the only important matter that Mittal has handled. In fact, he has been at the helm of various litigation and arbitration disputes for Indian and non-Indian clients including representing Indian Oil Corporation and Tamil Nadu Electricity Board in their arbitration disputes in London.
“Two cases that are closest to my heart are those in which my firm worked for Indian state entities, the Tamil Nadu Electricity Board and PEC Ltd. In them, we were able to save Indian taxpayers millions of pounds and it felt great to own Be able to serve the country even if one is abroad,” he said.
Mittal feels that the transition to qualify as a lawyer in the UK is a relatively straight forward educational exercise for Indian lawyers, given that the Indian Basic Laws are similar to the English Basic Laws, given that the two countries share a shared history. share. He said, “The judicial system in England is far more organized and well-organized than in India and, therefore, the biggest challenge lies in adopting the English way of doing things.”
Every year, he sees an increasing number of Indian students moving to the United Kingdom to pursue higher education. “While some Indian lawyers are now practicing in London firms and it is encouraging to see the numbers rising over the years, the number of Indians working in the legal sector is compared with the larger numbers in other sectors such as infotech and finance. Can’t be done,” Mittal expressed his displeasure. And the challenge for lawyers in India, he explained, is in securing a job with a law firm operating in the UK.
“Although there has been a campaign in Britain to make the legal profession more diverse, there is still some way to move away from what was traditionally considered the ‘white English male profession’ before it was actually to be considered. Miscellaneous.”
While he is happy to add many bright candidates from India and other countries to the diversity of the English legal profession, he feels that UK immigration rules, which make it easier for law firms to hire British nationals rather than foreigners, are partly guilty of. “However, there are firms like ours that have always provided young Indian lawyers with the opportunity to work and practice in the UK.”
He joined Zaivala & Company as a trainee in 2009 and was promoted to a partner in 2019.
Mittal hails from a family of lawyers – his father, Sunil Mittal, is a senior advocate in Delhi and his mother, Rumnita Mittal, a member of the Delhi State Consumer Disputes Commission serving as a judge for two consecutive terms. His grandfather Gulshan Rai Luthra served as a judge in the Delhi High Court.
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