Kanwardeep Singh, ILS Law College, 4th Year
I interned at Vaish Associates Asvocates after giving final semester exams of my 3rd year.
Name of the organisation. City. Office Address. How was the office? Team strength.
Vaish Associates Advocates, Mumbai office, 106, Peninsula Centre Dr. S. S. Rao Road, Parel. The office is very nicely done.The library is equipped with good books on a variety of areas of law and is regularly updated.
There are 4 partners, 1 head of Indirect tax team, 1 head of Real estate team and approximately 16 more people which fill in the positions of associates, senior associates and principal associates.
I apologize for not being able to come with the exact number in relation to the workforce.
Duration of internship
May 2 – July 2
One can send an application individually to the following email id [email protected]. The response is generally very prompt.
It is 6 days a week, except for the second and fourth Saturday. All Sundays are off. Interns are expected to reach by 9:30 A.M., especially on Monday as Monday mornings are conducted on that day where developments in various fields of law are discussed and deliberated upon.
Interns can leave by 8:00 P.M, interns leaving by 8:00 is very much encouraged by all in the office.
On the first day, I initially met Hemant Sir, (Partner). He supervises the HR of Vaish Mumbai. He talked about my interests and inclinations.
He advised me on how to have a safe stay at Mumbai which was very helpful. Then I was accompanied by an associate who introduced me to all the associates, senior associates, principal associates, head of practice areas, partners (if partners are free).
After that our Addresses and Phone numbers are taken and then we can start working.
So there are no lengthy formalities. Introducing the interns with the whole workforce acts as a very effective ice breaker.
The following tasks were undertaken at the internship:
I assisted in drafting/vetting the following documents (a) Inter-Corporate Loan agreement, (b) Employee loan agreement.
I assisted in undertaking a due diligence involving equipment leasing agreements.
Research was carried on the following (a) Revised requirements of SEBI for listed companies undertaking scheme of arrangement, (b) Modes approved by SEBI to achieve minimum level of public shareholding, (c) Meaning of the expression ‘workman’ under the Industrial Disputes Act, 1947, (d) ‘Fraud’ & ‘Misrepresentation’ under the Indian Contract Act 1872, (e) Requirement for registration of ‘family arrangement’ under Registration Act, 1908, (f) Grounds for restraining enforcement of unconditional and irrevocable bank guarantee,
Another interesting piece of work came from the Real estate department that involved me and my co intern to identify and summarise Stamp duty rates for lease agreement, sale deed, leave and licence, Mortgage by deposit of title deeds, hypothecation / pledge for all the States and U.T.’s of India, for which almost a month was provided to us.
As per the internship policy, every intern has to make a presentation. The topic for my presentation was ‘Triggers under SEBI ( Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Work environment, people
All the people are very knowledgeable, hardworking , always ready to help, patient to hear out our doubts. Most importantly every one is approachable.
The best things is that work from diverse areas of law is assigned to interns. An intern can expect to directly work with a partner on an opinion, due dilligence, contracct, etc. The internship policy of the firm seems very much devoted to nurturing interns and ensuring that we are able to take on the responsibilities in the future.
Every true effort is rewarded with appreciation. Even when mistakes are committed,it is only guidance that will follow. Special mention should be made that interns are very very rarely given work that is clerical in nature.
For me the problem was that there were not many food options available, especially my Butter Chicken and Chicken Dimsums.
For male interns when it comes to accomodation, nothing is better than Seva Niketan. Its address is Sodality House, Near Byculla Bridge, Sir J J Road, Byculla, Mumbai – 400027 . Its rate list is as follows:
(i) 14 seater: Rs. 110 per night
(ii) 8 Seater: Rs. 150 per night(i)
(iii) 4 seater : Rs. 190 per night
(iv) 3 seater: Rs. 200 per night
(v) 2 seater: Rs. 250 or 300 per night
(vi) single room: Rs. 400 ( with a charging point provided to you in the room itself. Others have to come to reception to charge there laptops, moblie phones,etc, do not worry as every one is actually able to get a chance to charge.)
Seater means the no. of beds in one room.Except category (i), the rooms also have a study table and a wooden almirah provided in the above charges which exclude food.
Very few places to chill in and around office and my place of stay.
But I would like to mention about an eating joint called “Baghdadi” in Colaba, please try its chicken as it uses chicken marinated in eggs in all its dishes and has a ‘tandoori roti’ as big as a steering wheel.