First Edition of NLSIU – SAM FinTech Moot | September 14 & 15, 2024
September 19, 2024
The first edition of the NLSIU-SAM-FinTech Moot Court Competition & Conference was held on September 14 and 15, 2024, at the NLSIU campus in Bengaluru. A total of 36 teams registered for the first edition of this competition, with 24 teams advancing to the oral rounds. We congratulate the teams from NALSAR, Hyderabad, and Jindal Global Law School who emerged as winners and runners-up respectively.
In July 2024, NLSIU, Bengaluru and Shardul Amarchand Mangaldas (SAM) had announced the first edition of the FinTech Moot Court Competition and invited applications from law colleges across India to register for the competition.
The moot problem was drafted by Dr. Ananth Padmanabhan, and focused on critical issues within the rapidly evolving fintech ecosystem. The event brought together leaders from the fintech industry to engage in a broader dialogue on the legal frameworks governing these upcoming technologies. Issues that took centre stage revolved around virtual digital assets, fractional ownership, and regulatory frameworks.
The competition’s final bench comprised distinguished persons from the legal community. Senior Advocates Sajan Poovayya, Jayna Kothari and Madhavi Divan, Dr. Ananth Padmanabhan, Dean of Vinayaka Mission’s Law School, and Shilpa Mankar Ahluwalia, Partner at Shardul Amarchand Mangaldas & Co, were the judges.
Commenting on the competition, Shilpa Mankar Ahluwalia said,
“We are delighted to have concluded the inaugural NLSIU-SAM FinTech Moot Court Competition & Conference, which provided a platform for bright young legal minds to engage with some of the regulatory challenges of the fintech ecosystem. It has been a pleasure to see the lawyers of tomorrow demonstrate such creativity and insight when addressing challenges of using rapidly evolving technology to deliver financial services. The Fintech Conference brought together thought leaders from the regulator and fintech industry to discuss how best to address some of these legal challenges. We look forward to a continued engagement with NLSIU in the evolution of fintech law.”
Speaking on the competition, NLSIU Vice-Chancellor Prof Sudhir Krishnaswamy said,
“This collaboration with SAM for the FinTech Moot Court Competition created an outstanding opportunity for students to engage with some of the most complex regulatory challenges in the fintech ecosystem. We are glad that we’ve brought academia, the legal profession and fintech industry pioneers together at this event and we look forward to collaborating further. Together we aim to engage with frontier law, technology and regulation issues in this rapidly evolving sector.”
SAM & Co. offered an internship to each member of the winning team. Internships are also offered to the runner-up (Jindal Global University), at SAM & Co. offices.
The Press Statement by SAM is available here.
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