Vasudha Sharma

Vasudha is a Partner at the New Delhi office of Keystone Partners. She has significant expertise in institutional and ad hoc arbitrations, as well as in arbitration-related litigation before the Delhi High Court and the Supreme Court of India. Her practice spans sectors such as power, infrastructure, education and real estate, and she regularly represents clients in high-value commercial, contractual, consumer, insolvency and constitutional disputes.

She has built a reputation for handling complex, high-stakes matters involving cross-border arbitration and insolvency disputes, and is currently acting as arbitrator in several pending arbitration proceedings. Vasudha has also made notable contributions to landmark constitutional litigation, including the challenge to the criminalisation of homosexuality under Section 377 of the Indian Penal Code (Navtej Singh Johar v. Union of India, (2018) 10 SCC 1).

Vasudha previously worked in the arbitration and dispute resolution team at Amarchand & Mangaldas & Suresh A. Shroff & Co. in Delhi.

As Arbitrator

Appointed as arbitrator in proceedings relating to delay in laying of underground electrical lines for the Pune Metro Rail Project.
Appointed as arbitrator in proceedings concerning a contract for development of a C2C mobile application.
Appointed as arbitrator in proceedings regarding impossibility of supplying machinery for electrical installation works. As Counsel – International
Represented a leading Chinese construction company in an ICC arbitration against an Indian state-owned power utility relating to the construction of a thermal power plant.
Represented a Spanish company and its Indian joint venture partner in an arbitration arising from termination of an EPC contract for construction of an LNG import, storage and regasification plant.
Represented an American construction company in disputes with its Indian consortium partner relating to EPC services to be provided to an Indian state entity.
Representing a leading mining conglomerate in an UNCITRAL arbitration regarding disputes under a production sharing contract in claims.
Negotiated a settlement for a global power equipment supplier in SIAC arbitration and insolvency proceedings concerning the supply of equipment and long-term maintenance for a power plant.
Advised a Canadian investment fund on SIAC arbitration proceedings against its Indian counterparty in a shareholders’ dispute.
Represented a foreign wind turbine manufacturer in pre-arbitration institutional mediation proceedings regarding the supply, supervision and commissioning of wind turbine generators.
Represented a foreign court-appointed receiver in a cross-border insolvency dispute.

As Counsel – Domestic

Representing a large mining conglomerate in arbitration relating to ‘take or pay’ obligations.
Representing an LNG gas block operator in a dispute regarding failure to offtake gas in the absence of execution of a formal contract.
Representing a real estate developer in claims against its joint venture partner in arbitration proceedings arising out of the construction of joint projects.
Represented a renowned Indian construction company in an ICA arbitration regarding the construction of an ore bedding and blending facility of a steel plant. Litigation (arising out of arbitration)
Representing a Singapore-based company and its subsidiaries in the Supreme Court of India and the Delhi High Court in enforcement of a SIAC award against its erstwhile joint venture partner.
Advised a Mauritius-based fund on proceedings for enforcement of a partial award rendered in an LCIA arbitration for claims of USD 225 million, and on proceedings for interim relief under a shareholders’ agreement.
Representing a foreign company and its Indian joint venture partner in set-aside proceedings before the Delhi High Court relating to the wrongful termination of an EPC contract for a land-based LNG import, storage and regasification plant.
Representing an LNG gas block operator in proceedings for appointment of an arbitrator in disputes for the sale of gas to the tune of INR 300 crores (USD 35 million).
Representing a real estate developer in proceedings before the Supreme Court of India in relation to a stay of arbitration proceedings.
Represented a global solar manufacturing company in proceedings for appointment of an arbitrator in view of insolvency proceedings before the Delhi High Court.
Represented a charitable trust in disputes regarding the stamping of an arbitration agreement before the Supreme Court of India, a precursor to the recent seven-judge Bench judgment on the issue (In Re: Interplay Between Arbitration Agreements under the Arbitration and Conciliation Act, 1996 and the Indian Stamp Act, 1899).

Other Notable Experience (Pro Bono)

Part of the team representing LGBTQ+ alumni and students in a writ petition challenging the constitutional validity of the criminalisation of homosexuality under Section 377 of the Indian Penal Code before the Supreme Court of India (Navtej Singh Johar v. Union of India, (2018) 10 SCC 1).
Represented an international animal rights organisation in a constitutional challenge to buffalo races in Karnataka (Animal Welfare Board of India & Ors. v. Union of India, (2023) 9 SCC 322).

Partner, New Delhi

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