Rajiv Luthra (1957-2023) was an Indian Chartered Accountant (CA), lawyer, businessman and philanthropist, co-founder of Luthra and Luthra – Law Offices India in 1989. He passed away on May 10, 2023, in Delhi.
Wiki/Biography
Rajiv Krishan Luthra was born on Wednesday, August 1, 1957, in New Delhi, India (age 65 at the time of death). His zodiac sign is Leo. He attended Air Force School, Subroto Park, St. Xavier High School and Methodist High School. He attended Air Force Balbarati School (AFBBS), Delhi, in 1968-69, where he served as a Captain for four years. However, he later left the school. In an interview, he talked about changing schools and said:
In Balbharti, it was mainly women teachers, so there was a holiday for Karwa Chauth; so my father said, how can you be in a school where Karwa Chauth is on holiday? So he transferred me from there. “
After completing his studies, he enrolled at the Institute of Chartered Accountants of India (ICAI) where he studied for Chartered Accountancy. While pursuing qualification as a Chartered Accountant, he published several articles in various places. After completing the CA course, he started working with his father as an accountant in his company; he worked in the company for seven years before resigning. Thereafter, he pursued LLB from Delhi University. He completed numerous law courses at Harvard Law School in Cambridge, Massachusetts.
appearance
Height (approximately): 5′ 9″
Hair Color: Salt and Pepper
Eye color: dark brown
family
Parents and siblings
His father Anirudhar Krishan Luthra served in the Indian Air Force. His mother’s name is Ved Luthra.
Old photos of Rajiv Luthra’s parents
He has two siblings: Amit Luthra and Rashmi Uday Singh. Amit is a professional golfer and Rashmi is a businesswoman.
Photos of Amit Luthra
Photos of Rashmi Uday Singh
wife and children
His wife Gayatri Luthra is an entrepreneur. He has two daughters: Sanaa Krishan Luthra and Arshia Krishan Luthra.
Photos of Rajiv Luthra and wife Gayatri Luthra
Rajiv Luthra pictures with daughters Sanaa and Arshia
Profession
Luthra and Luthra – Law Firm
After completing his LLB, Rajiv Luthra co-founded Luthra and Luthra – Law Offices India in 1991 with Mohit Saraf in New Delhi. The company later began working with prominent industrialists and businessmen, managing their tax and financial assets and taking care of their businesses. Provide them with legal advice. His company has since signed on with an American company to work as a consultant to help them do business in China. Through his law firm, Luthra played a crucial role in the 1993 merger of Coca-Cola and Parle Bisleri. His company played a major role in the 2015 merger of Sun Pharma and Ranbaxy, a $4 billion project. In 2018, Luthra terminated Mohit Saraf’s appointment due to a dispute over the partnership’s shareholding. In an interview, Rajiv spoke about the termination of Mohit’s appointment and said:
To explain my point, on October 12, 2020, he (Mohit Saraf) issued a notice to me and asked me to retire from the company. Of course, he has no such power. Immediately after writing the letter, he sent out a company-wide email telling everyone that I had retired from the company. That night, he also claimed that he would distribute the equity I held to others. This left me with no choice but to fire him in order to save the company and the fate of my clients who would suffer from the dissolution of the company. “
Later, Mohit Saraf filed a case in the Delhi High Court against his dismissal. In 2021, a high court bench of justices RS Endlaw and Sanjeev Narula ruled in favor of Saraf and asked Luthra to pay Rs. 520 million in addition to Rs. 25 Crores as Bank Guarantee. In July 2022, the firm suffered another setback when its litigation arm quit and joined DSK Legal. As of 2023, the law firm has over 350 employees and has branches in Mumbai and Bengaluru. He later played a key role in drafting and submitting the 1957 Copyright Act Amendments.
Rajiv Luthra at an event hosted by Luthra and Luthra
bar and court
- supreme court bar association
Rajiv Luthra sitting in the Supreme Court chamber
- international bar association
- Pacific Rim Lawyers Association
- International Lawyers Union
Membership on committees, boards and advisory bodies
- Legal Education Roundtable (Ministry of Higher Education, Ministry of Human Resource Development, Government of India Initiative)
- National Executive Committee of Federation of Indian Chambers of Commerce and Industry (FICCI)
- Confederation of Indian Industry (CII) National Executive Committee
- BML Munjal University Governing Body Member
- International University of Legal Education and Research: Nominated by the Bar Council of India
- High Level Advisory Group (HLAG): Appointed by the Ministry of Commerce to formulate Indian trade policy
- High Level Committee on Corporate Social Responsibility – 2018: Appointed to the Ministry of Corporate Affairs
- CII Legal Services Working Group 2019-20: Responsible for policy advocacy on legal services/law reforms in the country
- Convenor, Joint Economic and Trade Committee (JETCO), Ministry of Commerce: a joint committee between India and the UK to advise the Government of India on the liberalization of legal services under the General Agreement on Trade in Services (GATS)
- Indian National Law Institute University Council
- Competition Commission of India Advisory Committee
- Competition Advocacy Steering Committee
- Jodhpur National Law University Advisory Board
- BML Munjal University Law School Advisory Board
- City of London Corporation India Advisory Committee
- National Competition Policy: Indian Planning Commission expert panel formulates 11th Five-Year Plan
- High Level Committee of Securities and Exchange Board of India
other companies
On September 9, 2000, Rajiv founded Indian Oil Helicopters Private Limited. He became a director of Afc Network India Private Limited on November 24, 2008. On August 12, 2013, he served as a director of DLF Limited. On November 27, 2014, Rajiv Luthra became the Director of Network18 Media & Investments Limited. He founded Mylan Laboratories Limited on March 30, 2015 in Hyderabad. On March 31, 2015, he founded a law firm called Lex & Legal Services Llp in Delhi. On October 12, 2015, he became a director of TV18 Broadcasting Co., Ltd. He assumed the directorship of First Source Impex Private Limited on February 16, 2023. He was appointed as Director of Kairos Edutech Private Limited on February 19, 2023.
Awards, Honors, Achievements
- IFLR1000 Banking, Finance and Corporate Market Leaders 2022
- 2022 Chambers Asia Pacific and 2022 Chambers Global Corporate/M&A Outstanding Lawyers
- Outside counsel praised by internal community
- Named to Indian Business Law Journal A-List – India’s Top Lawyers 2021
- Named a 2021 Project Finance Practice Leader by Who’s Who Legal
- Legal 500 Indian Business Hall of Fame 2021
- Mentioned by Top Managing Partner in Forbes India Legal Power List 2020
- Indian Business Law Journal’s 35 Legal Icons of India 2020
- LegalEra India Awards 2020 Managing Partner of the Year Category
- ALB India Legal Awards 2020 Managing Partner of the Year Category
- Qadat Al Tagheer Award for Excellence in Business Transformation in the UAE 2019
Photos of Rajiv Luthra accepting the Qadat Al Tagheer Award in the UAE in 2019
- Forbes India Leadership Awards 2017
- The Economic Times Asian Business Leaders Conference 2016 awarded Asia’s Most Promising Business Leader Award
Rajiv Luthra Asia’s Most Promising Business Leader Award
- Won the National Law Firm of the Year Award from the International Financial Law Review in 2015
Rajiv K. Luthra Wins National Law Firm of the Year Award
- International Jurist Award from the Attorney General and Chief Justice of the United Kingdom
- Received Lifetime Achievement Award in International M&A at the 4th Annual International M&A Advisor Awards in New York
- Asia Business Leadership Forum Excellence Awards Indian Corporate Law Legend Award and Indian Corporate Law Ace Legal Eagle Award, Specializing in Tax, Regulatory and Compliance Legal Honors
- National Law Day Award 2008 by the Government of India
Rajiv Luthra pictured while receiving the National Law Day Award from Manmohan Singh in 2008
die
Rajiv K. Luthra passed away on May 10, 2023, at the age of 65, in Gurugram, Haryana. According to sources, Rajiv is undergoing treatment at Medanta Hospital. He was cremated on May 11, 2023 in New Delhi.
Facts/Trivia
- Rajiv Luthra was fondly called ‘Thudd’ by his friends and family.
- Rajiv used to smoke a pipe.
Rajiv Luthra smoking a pipe
- Rajiv is an ardent follower of Sadhguru and his teachings.
Rajiv K. Luthra and Sadhguru
- Before setting up a law firm in 1989, Rajiv Luthra founded a travel company in New Delhi.
- Rajiv Luthra is multilingual and is fluent in English, Hindi, Punjabi, Urdu and Japanese.
- Rajiv is an avid golfer and spends his free time playing golf.
- Rajiv Luthra played a crucial role in the launch of the Pro Kabaddi League in India in 2014. The league was founded by Mashal Sports, of which Rajiv Luthra is one of the directors. Talking about this issue in an interview, Rajiv said:
The sport is hugely popular in rural India, which is where the next big growth in the Indian economy will occur. It’s time we gave ourselves a new sport to breathe. “
Categories: Biography
Source: HIS Education