Khaitan and Co establishes endowment fund of Rs 1 crore at OP Jindal Global Law University

NEW DELHI: Khaitan and Co has established an endowment fund worth Rs 1 crore at OP Jindal Global University (JGU) for the benefit of Jindal Global Law School (JGLS). The endowment will support a chair in corporate law, a special centre for business law and research, two medals for outstanding students’ academic performances, an annual lecture series and a negotiation competition jointly organised by Jindal Global Law School and Khaitan and Co.

Khaitan and Co was established as early as 1911 with the efforts of Debi Prasad Khaitan and J N Mazumdar when the first office was set up in Kolkata. Khaitan served as a distinguished member of the Drafting Committee of India's Constituent Assembly. The Endowment aims to support JGU’s educational and research activities by helping the latter fulfill its intellectual and social commitments.

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The endowment comprise of five key initiatives:

Khaitan and Co chair in corporate law

The chair will promote teaching and research in international and comparative business law through publications. The chair will become an “intellectual site” for building knowledge on corporate law and strategic inputs for corporate legal practice. It will also aim to inspire and prepare students for corporate legal careers and instill relevant institutional values and ethics while contributing to the legal profession.

Khaitan and Co Centre for Business Law and Research

The Centre will work in association with Khaitan and Co Corporate Law Chair by streamlining and optimizing the latter’s activities. The Centre will also aim to produce knowledge and strategic research materials such as policy and position papers, publications in peer-reviewed journals, periodicals, monographs, and reports. The Centre’s focus will be on the intersectional spaces of business laws, public policy, and technology.

Khaitan and Co Outstanding Academic Performance Medals

Two outstanding academic performance medals will be awarded to students who secure top grades in "Corporate Law". The medals will be a recognition of the students’ depth and rigour of engagement with the knowledge of corporate law and their intellectual commitment to the subject.

JGLS-Khaitan and Co Annual Lecture Series on Comparative and International Business Law

This annual lecture series will aim to relay the outcomes of research on international business law. It will also focus on the comparative aspects of business law and practice so that the transnational needs of business are served and addressed. The lectures for this distinguished series will be delivered by eminent academicians, jurists and national and international practitioners.

JGLS-Khaitan and Co Negotiation Competition

The competition will aim to provide a platform for young talent to test their knowledge of law and business transactions and skills in negotiating deals. It will also help in building a competitive spirit as it is experienced in the global market amongst the students and impart the essential ethics of international business.

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Announcing the endowment, Haigreve Khaitan, senior partner, Khaitan and Co stated that “I have witnessed the evolution of Jindal Global Law School, O P Jindal Global University as a premier institution in India and internationally. I also cherish my own association with JGU and take pride in my participation in its growth. Hence, I am delighted to announce the establishment of Khaitan and Co endowment fund at O P Jindal Global University.

“This endowment is an opportunity for Khaitan and Co to fulfill its founding objectives and to meet our responsibilities as an institution towards legal education and the legal profession. I sincerely hope that the ideas this endowment aims to implement will help in improving the professional landscape by nurturing talent through enhanced ways of teaching and research,” he added.