Law firms

Former Trilegal of counsel Rachika Sahay, who has been power company Ostro Energy’s general counsel (GC) in May 2015, has joined HSA Advocates as a partner.

Luthra & Luthra will hire its third lateral corporate partner this year, with Link Legal India Law Services associate partner Alok Sonker due to join in Mumbai next month.

“Symphony Ltd, one of the country’s leading air-cooler manufacturers, on Friday announced that it aims to acquire Australia’s Climate Technologies Pty Limited. The Ahmedabad-based company has signed an agreement to buy 95% equity stake in Climate Technologies, Australia’s leading manufacturer of cooling and heating appliances, it said,” reported Mint.

Shardul Amarchand Mangaldas has promoted 8 of its lawyers to partner, growing it to a total of 109 partners, according to its press release.

Japan’s Mitsubishi Chemical Corporation will buy the PVC compound business of Mumbai’s Welset Plast Extrusions, which is engaged in master batch (including PVC master batch) and PVC compound businesses. The transaction will complete in autumn of this year, according to Mitsubishi’s press release.

Federal & Rashmikant’s two senior name partners M Federal and C Rashmikant are due to separate, dissolving the partnership of the top Mumbai litigation and real estate firm, according to two reliable sources.

Nivedita Tiwari, who had resigned from Cyril Amarchand Mangaldas (CAM) in April, is due to join Shardul Amarchand Mangaldas (SAM), we reliably understand.

It’s been a long time coming, with rumours swirling for months now, but Cyril Amarchand Mangaldas (CAM) partner and Delhi head Percy Billimoria has given notice last month and is set to start up an independent counsel practice, we have reliably learned.