Prominent Indian Lawyer Sunil Ambalavelil Honoured with ‘Best Indian Lawyer in the UAE’ Award
Award presented by Karnataka legislators, philanthropists in Dubai
Dubai: Sunil Ambalavelil, a distinguished Indian lawyer based in the UAE, has been awarded the prestigious ‘Best Indian Lawyer in the UAE’ award by the (BCCI), UAE, in recognition of his outstanding legal contributions to the Indian expatriate community.
The award was presented at a grand ceremony held at Etisalat Academy, Dubai, on the 9th of February in the presence of eminent dignitaries, including Satish Kumar Sivan, Consul General of India to Dubai; UT Khader Fareed, Speaker of the Karnataka Assembly; Madhu Bangarappa, Karnataka’s Minister of Primary and Secondary Education; NA Haris, Member of the Karnataka Legislative Assembly; Arathi Krishna, Deputy Chairman of the NRI Forum, Government of Karnataka; renowned philanthropist Dr Ronald Colaco and Dr Thumbay Moideen, Founder and President of Thumbay Group, UAE.
Their presence highlighted the significance of the award in recognising excellence among NRIs in the UAE.
Sunil Ambalavelil is a leading corporate and commercial lawyer and the Founding Partner of NYK Law Firm, Dubai. With over two decades of experience, he specialises in commercial transactions, cross-border acquisitions and UAE laws, including Commercial Transactions Law, Companies Law, Dubai Real Estate Law and UAE Labour Law.
He is a Registered Legal Practitioner with the Dubai Government Legal Affairs Department, the Dubai International Financial Centre (DIFC) Courts and a member of both the Karnataka Bar Council and the Supreme Court of India Bar Association.
Expressing his gratitude upon receiving the award, Sunil Ambalavelil stated: "I am deeply honoured and privileged to receive the ‘Best Indian Lawyer in the UAE’ award from Bearys Chamber of Commerce and Industry (BCCI), UAE. My journey in Dubai began two decades ago, and it has been an incredible experience witnessing the city’s transformation into a global legal and business hub. This recognition reaffirms my commitment to serving the Indian expatriate community and businesses in the UAE with excellence and integrity.”
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ED attaches fresh assets in PMLA case against Reliance Group; total attachment over Rs 10K cr
New Delhi (PTI): The Enforcement Directorate has attached fresh assets worth Rs 1,120 crore as part of its money laundering probe against the companies of Reliance Group chairman Anil Ambani, officials said.
Eighteen properties, including the Reliance Centre in Mumbai's Ballard Estate, fixed deposits, bank balance and shareholding in unqouted investments of Reliance Anil Ambani Group have been provisionally attached under the Prevention of Money Laundering Act (PMLA), they said.
Another set of seven properties of Reliance Infrastructure Ltd, two properties of Reliance Power Ltd, nine properties of Reliance Value Service Private Ltd, fixed deposits in the name of Reliance Value Service Private Ltd, Reliance Venture Asset Management Private Lt, Phi Management Solutions Private Ltd, Adhar Property Consultancy Pvt Ltd, Gamesa Investment Management Private Ltd and investments made in unquoted investment by Reliance Venture Asset Management Private Ltd and Phi Management Solutions Private Ltd have also been attached, they said.
The ED had earlier attached properties worth over Rs 8,997 crore in the bank fraud cases related to Reliance Communications Ltd (RCOM), Reliance Commercial Finance Ltd, and Reliance Home Finance Ltd.
The total attachment in the case against the Reliance Group is now Rs 10,117 crore.
