Corporate/Commercial - Nepal
What the team is known for
Reliance Law Firm has a highly regarded bench of lawyers who advise on commercial and constitutional disputes in the High Court and Supreme Court in Nepal. The team handles contentious mandates relating to construction contracts, power, tax and public procurement. The firm's transactional practice includes FDI, M&A, real estate and banking matters, acting for local and foreign clients. Clients include Mandu Hydropower and Metropolitan Hotel.
Strengths
"Reliance Law Firm is very good in the production of documents and responding to the proceedings promptly."
"The team are studious and can handle complex cases."
Work highlights
Reliance Law Firm advised Kathmandu Lanco on the process of purchase of land, housing permits and development of luxury villa projects.
It also acted as lead counsel for Century Commercial Bank in arbitration, related to non-payment of the receivables under a remittance contract, against M&M Remit.
Notable practitioners
Purna Man Shakya is an esteemed litigator in Nepal. His practice involves commercial litigation and arbitration, including construction, tax and banking disputes, as well as constitutional cases. "He is practical and reachable for seeking advice."
Prakrit Shrestha's practice covers foreign investment, M&A and corporate restructuring, alongside specific expertise in the Nepalese telecommunications sector. Also active on dispute resolution, he represents both domestic and international clients. "He has been nothing short of the consummate professional for us."
