POWERFUL WOMEN
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Zia Mody,
Co-founder, AZB & Partnersage: 64
She remains the undisputed queen of corporate law.
Reliance Industries Limited
(RIL) raised $20 billion in
FDI for its digital services
company, Jio Platforms, and
AZB & Partners was the legal
representative for RIL. Given
that a large portion of the
fund-raise happened when
India was in lockdown, it was
practically a virtual deal from
beginning to end. Besides, her
firm also advised RIL on its
massive $7-billion rights issue,
which closed in June this year.
Mody has also significantly
expanded the insolvency,
bankruptcy, and restructuring
practice at her firm. AZB &
Partners also worked on the
restructuring of the troubled
YES Bank. It was the first time
that a large private sector
bank in India was restructured
under a scheme that was put
in place by the Reserve Bank
of India. Her firm is part of various committees constituted
by the Ministry of Corporate
Affairs, which looks into the
refinement of the Insolvency
and Bankruptcy Code. AZB &
Partners also represents the
Resolution Professional in Jet
Airways’ ongoing insolvency
proceedings.
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