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RGNUL Wins 7th Herbert Smith Freehills-NLUD International Negotiation Competition 2022

14 Sep 2022 7:03 AM GMT
RGNUL Wins 7th Herbert Smith Freehills-NLUD International Negotiation Competition 2022

RGNUL team comprising of Wamic Wasim and Chhavi Singla, students of BA.LL.B(Hons.), won the 7th International Negotiation Competition (9-11 September, 2022) organized by National Law University, Delhi in collaboration with Herbert Smith Freehills LLP. The competition was held in New Delhi. A total of 26 national and international teams participated in the competition. Teams from seven different countries including Australia, United Kingdom, Japan, Nigeria, Singapore, Sri Lanka and India participated in the competition. RGNUL is the second Indian institute to emerge victorious in this prestigious competition. RGNUL competed with University College London and Seinan Gakuin University, Japan in the preliminary rounds and the University of Oxford & National Law University, Odisha in the final rounds. In the preliminary rounds of the competition, the negotiation revolved around Drapery Inc.'s (a luxury fashion conglomerate) bid to acquire Jack Gardener Homewares Pvt. Ltd. (an established designer and cloth retailer). The second round addressed violations of shareholding agreement between Maple Tech Limited, a Canadian technology company, and Rafflesia Sdn Bhd, a supermarket chain based in Malaysia. This was followed by conflicts, deadlock clauses and negotiations between Langad Hotel Group and Mordon Gamsey (world renowned chef).

Prof. G.S. Bajpai, Vice-Chancellor, RGNUL while congratulating the winners observed, "Negotiation is an amicable method to settle international disputes. Students of law must develop skills of negotiation to evolve an agreeable formula that advances the notion of justice". Prof Anand Pawar, Registrar, RGNUL said, "The alternative frameworks of negotiation resolve disputes between two parties. Participation in such competitions fortify communication skills of students."

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