Pratham Darad, has been with the Firm since October 2023.
He is a member of the Funds, Asset Management and Regulatory Team. He has handled investigation, adjudication and settlement proceedings before SEBI and stock exchanges for various listed companies, market intermediaries and their key personnels, directors and related parties as well as appeal before Securities Appellate Tribunal and High Courts. He has also advised companies in relation to the Takeover Code and reporting to the stock exchanges. He has advised various domestic fund managers on the formation and registration of alternative investment funds. He has wide experience in advising investment advisers, portfolio managers and mutual funds on registrations, reporting and documentation.
Prior to joining IC Universal Legal, Pratham worked as a part of the legal team of New India Assurance Co. Ltd., India’s largest general insurance company, and Pension Fund Regulatory and Development Authority, regulator of pension sector in India. He was the legal member of the amendment committee constituted to draft amendments to PFRDA Act, 2013 and regularly briefed senior officials of various ministries of the Central Government, including Ministry of Finance and Prime Minister’s Office. He was also a member of e-NPS Reforms Committee to recommend changes in the structure of e-NPS and existing laws to bring e-NPS in line with PFRDA Act, 2013, applicable regulations and FEMA laws.
He holds a B. Sc. LL.B. (Hons.) from National Law University, Jodhpur.
Memberships
- Enrolled with the Bar Council of Maharashtra and Goa
- Licentiate from Insurance Institute of India