Paras is a Director in Drew & Napier’s Dispute Resolution Practice.
Paras has extensive experience in handling high value and complex commercial litigation and arbitration matters. He regularly appears before the Singapore Courts, and has also been involved in several ad hoc and institutional arbitrations administered by, among others, SIAC, LCIA, ICC and HKIAC.
Paras handles disputes relating to commercial contracts, corporate disputes, civil fraud, banking and finance, infrastructure projects, as well as disputes involving trusts, tortious claims, and insolvency and bankruptcy proceedings. Paras has also advised his clients on various non-contentious matters including investigations, aircraft financing, ship financing, oil and gas sales, consumer issues and regulatory matters.
Paras has acted for several high profile clients, including financial institutions, major corporations and multinationals, government and state-owned entities, and high net worth individuals in complex commercial disputes across a myriad of industries.
Paras’s experience has also included a stint at Essex Court Chambers, a leading barristers’ chambers in London, England, where he worked on complex commercial litigation and arbitration disputes with several Queens Counsel.
In 2008, Paras graduated with Honours from the National University of Singapore (NUS). While in NUS, Paras was a semi-finalist in the Advocacy Cup and won the Best Memorial Prize in the B.A. Mallal Moots. Paras also spent a year on exchange at the University of Melbourne, Australia, during which time he represented the University of Melbourne in the Australian National Rounds of the prestigious Phillip C. Jessup Moot Court Competition.
Paras is an advocate and solicitor of the Supreme Court of Singapore, and a certified Attorney of the State of New York.
Paras is a trainer with the Singapore Institute of Legal Education (SILE), and teaches advocacy to students seeking to get qualified to the Singapore Bar (Part B of the Singapore Bar Examinations).
Some of the matters in which Paras has acted include the following:
1. Successfully argued before the Court of Appeal in a landmark arbitration case
Paras successfully argued for the appellant before the Singapore Court of Appeal on issues of whether a party to an arbitration agreement had waived its right to arbitrate and/or repudiated the arbitration agreement by referring a dispute falling within the ambit of the arbitration agreement to litigation. The appeal also involved issued relating to approbation and reprobation of an arbitration agreement contained in a disputed contract, the scope of an arbitration clause contained in a Charter of a company, and estoppel. The case has been reported as Marty Limited v Hualon Corporation (Malaysia) Sdn Bhd (Receiver and Manager Appointed)  SGCA 63.
2. Represented an Indian company in SIAC arbitration proceedings arising out of a share purchase agreement
Paras acted for an Indian company in a complex commercial arbitration arising out of a share purchase agreement valued at more than US$800 million. The arbitration involved, among others, issues relating to the duties of an arbitral tribunal where there is a risk that the contract underlying the dispute has been tainted by corruption.
3. Successfully acted for majority directors of a regional shipping company in minority oppression proceedings
Paras successfully acted for the majority directors of a regional shipping company in an SIAC arbitration brought by the minority directors. The dispute involved issues relating to directors’ breaches of fiduciary duties, minority oppression and the then-newly introduced emergency arbitration proceedings under the SIAC Rules.
4. Acted for majority bondholder against the issuer of the bonds
Paras acted for a majority bondholder in a dispute with the issuer of the bonds, a publicly-listed company on the SGX Main Board and a leading provider of offshore marine logistics and support services. The primary issue in the case was whether the bondholders’ rights of redemption under the terms of the bonds had been triggered as a result of the suspension of trading of the issuer’s shares. The case involved complex issues such as the redemption rights given to bondholders in Singapore, and trustees’ duties and obligations
5. Acted for a prominent group of trust companies in a trust dispute against a former benficiary
Paras acted for various entities within a prominent group of trust companies based in Asia in a dispute in the Singapore High Court against a former beneficiary. The dispute involved issues regarding the scope of fiduciary obligations owed by trustees in the case of warring beneficiaries, and whether such duties were breached where the trustees acted on the instructions of one beneficiary to the alleged detriment of the other.
6. Acted for a multi-national company headquartered in Korea in multiple claims against its former subcontractors
Paras acted for an MNC headquartered in Korea in its multiple claims against its former subcontractors for, amongst others, lapses in cable monitoring works and failures of cable joints and sealing ends installed by the subcontractors. The claims involved issues relating to implied terms in contracts, negligence, non-delegable duties and the ambit of the independent contractor defence in Singapore.
7. Acting for liquidators of a Hong Kong listed company in insolvency proceedings against former directors
Paras acted for the liquidators of a Hong Kong company in publicly examining the former directors of the company residing in Singapore. The matter involved novel issues of law, including but not limited to whether the cross-border insolvency regime under s354B of the Companies Act (Cap. 50, 2002 Rev. Ed.) applied in support of insolvency orders made in countries which are non-signatories to the UNCITRAL Model Law on Cross-Border Insolvency (1997).