Samudra Sarangi

Samudra chairs Panag & Babu’s internationally acclaimed arbitration and dispute resolution practice and is renowned for his work on several high-stakes, complex arbitration and disputes. Samudra is recognised by clients for his ability to navigate complex arbitrations and engage him for his detail oriented approach and strategic nuance, which such complex, high stakes arbitrations and disputes require. His practice spans across all major jurisdictions in India – New Delhi, Mumbai, Chennai and Bangalore, and given his demonstrated ability to meet localised challenges in each of these jurisdictions, Samudra has a strong track record in each of India’s major jurisdictions to bolster his practice’s reputation of providing location agnostic advise and representation all across India.

Samudra is one of the foremost names in the energy arbitration space in India and handles some of the largest and most complex energy and infrastructure disputes in India. Samudra represents some of the largest renewable energy clients in complex arbitrations and is recognised as an industry leader in the space. Samudra is also recognised for his work on bank guarantee matters having acted on some marquee bank guarantee disputes in India. Samudra has also acted on large arbitration mandates involving various industries such as oil & gas, manufacturing, and public / private infrastructure projects.

In addition to being recognised in the arbitration space, Samudra is also one of the foremost names in the anti-corruption and anti-money laundering defence. He is not only a sought-after corporate defence white collar crimes attorney for multinational companies facing enforcement actions in India but is engaged by several significant and high profile persons facing white collar crime prosecution, particularly on account of his unblemished pre-trial bail record.

International and Domestic Arbitrations:

• In an international arbitration seated in Singapore, on behalf of a multinational construction conglomerate involving claims and counter claims of approximately USD 100 million approximately;
• In a domestic arbitration seated in New Delhi, on behalf of one India’s largest renewable energy companies in an arbitration being conducted before 3 former Chief Justices of India, involving claims and counterclaims of approximately USD 500 million approximately;
• In an international arbitration seated in Jaipur, on behalf of a Taiwanese construction company, in relation to construction of public infrastructure projects and involving claims of approximately USD 25 million;
• In a domestic arbitration seated in New Delhi, on behalf of one of India’s largest companies in the aviation and public infrastructure construction, in relation to claims amounting to USD 200 million;
• In a domestic arbitration seated in New Delhi, on behalf of India’s largest renewable energy company in relation to claims arising out of termination of operations and maintenance of private infrastructure contracts amounting to INR 18.5 million;
• In an international arbitration seated in Singapore, on behalf of a construction conglomerate, in relation to claims arising out of a metro rail construction project amounting to USD 8.5 million;
• In a domestic arbitration seated in New Delhi, on behalf of one of India’s largest companies in the aviation and public infrastructure construction, in relation to claims amounting to USD 5 million;
• In a domestic arbitration seated in Chennai, on behalf of a global leader in manufacturing of medical devices, in relation to claims arising out of termination of contracts amounting to USD 2 million;
• In a domestic arbitration seated in Pune, on behalf of a Germany based manufacturer in relation to termination of contracts and involving claims of approximately USD 5.5 million;
• In an international arbitration seated in Hyderabad, on behalf of an American real estate global leader, in an arbitration involving claims of approximately USD 1.75 million.

Arbitration related Disputes and Advisory:

(interim reliefs, arbitrator appointment, challenging / enforcement of awards):

• In an emergency arbitration seated in Singapore, on behalf of a global civil engineering company, in relation to restoration of bank guarantees amounting to approximately USD 8.5 million approximately;
• In an arbitration related application for interim reliefs before the Delhi High Court, on behalf of a renewable energy company in relation to restoration of bank guarantees amounting to INR 35 Million approximately;
• In an appeal before the Supreme Court of India, on behalf of a prominent engineering company in the Asia Pacific region, in relation to injunction on invocation of bank guarantees amounting to approximately USD 8.5 million approximately;
• In an arbitration related application for interim reliefs before the Delhi High Court, on behalf of a renewable energy company in relation to injunction and securing of bank guarantees amounting to INR 25 Million approximately;
• In an arbitration related application for interim reliefs before the Delhi High Court, on behalf of one of India’s largest companies in the aviation and public infrastructure construction in relation to seeking interim reliefs to secure an amount of USD 4.5 million;
• In an application for appointment of arbitrator before the Madras High Court, on behalf of a global leader in manufacturing of medical devices, in relation to arbitration involving claims of USD 3.75 million;
• Advised one of India’s largest names in the electric vehicle industry in relation to an ongoing dispute with a competitor in the market in relation to an arbitration award, and the estimate loss of value of business on account of the award being valued at approximately USD 550 million;
• Advised a Russia based oil and natural gas leader in relation to ongoing disputes against the Indian counter party, in relation to claims approximately valued at USD 25 million;
• In an application for appointment of arbitrator before the Madras High Court, on behalf of a global leader in manufacturing of wind turbines, in relation to arbitration involving claims of USD 6.25 million;
• A prominent member of a national political party and the primary accused in criminal action being faced by him under India’s anti-bribery and anti-money laundering laws which allegations of fraud and bribery of over USD 25 Million allegedly in relation to the Delhi Excise Policy.

• Commercial arbitration
• International arbitration
• Insolvency
• White-collar crime
• Litigation

• Energy
• Healthcare
• Oil and gas
• Industrials
• Banking

• Bar Council of Maharashtra and Goa, Member

• International Bar Association, Member
• Indo-BeneLux Chamber of Commerce and Industry, Member
• USIBC (US - India Business Council), Member
• International Chamber of Commerce, Member

• Bachelor of Business Administration & Bachelors of Law