Law firms

Legal technology consultant and (Cyril) Amarchand alumnus Eshan Sharma, has joined AZB & Partners on 2 April as its chief operating officer (COO).

IndusLaw has promoted 3 to salaried partnership, growing its total partnership to 26.

According to a frontpage exclusive in the Times of India this morning, the Central Bureau of Investigation (CBI) is “exploring the option of naming a top law firm either as a conspirator, or registering a fresh case - for possession of stolen property - after investigating officers found official documents belonging to the bank on its premises”.

ICICI Venture, the private equity arm of India’s largest private-sector lender ICICI Bank, has entered into a definitive agreement to acquire a minority stake of around 14% in popular women’s legwear brand Go Colors owned by Chennai-based apparel maker, Go Fashion India by investing Rs 100 crores (around $15.6m), through its fourth PE fund – India Advantage Fund Series 4, as reported by VC Circle and The Economic Times. The current investment is the ICICI Ventures’s first retail apparel investment in the past decade and also marks as the second for the women’s apparel brand, pursuant to an initial investment of Rs 60 crores by Sequoia Capital India Investments IV in November, 2014, wherein Sequoia acquired 33.33% stake in Go Fashion India.

Attorney general KK Venugopal spoke at an event late last month about foreign lawyers in India, according to the Times of India:

ALMT Legal senior partner Hitesh Jain, whom we had first reported as moving out of ALMT on 24 March, will be joining Juris Corp as a partner, we understand from reliable sources.

Talwar Thakore & Associates has promoted counsel Shruti Zota in the corporate team to its all-equity partnership of six, from 1 April 2018.

Gravitas Legal has promoted Rahul Gaikwad to salaried partner level.

Karanjawala & Co has promoted three to senior partner rung, effective today: Nandini Gore, Ruby Singh Ahuja, and Sandeep Kapur.

Legacy Law Offices, founded by managing partner Gagan Anand in 2010, has promoted 1 to salaried partner:Vinay Kumar, disputes.

Damodara Rao, who had left Clasis Law with Orbit senior partner Ishtiaq Ali to start up Orbit with third co-founding partner PV Rao, was elevated to the senior partner designation alongside partners Ashok Kamble and T Ravichandran.