Law firms

Milbank Tweed Hadley & McCloy added former Cadwalader Wickersham & Taft partner and NLSIU Bangalore 2004 alumnus Sinjini Saha in London, as reported by Legal Business.

Chennai-based NBFC Samunnati Financial Intermediation & Services has raised Rs 150 crores ($23.5m) in a Series-C funding round led by Swiss investment firm responsAbility with participation from existing investors Elevar Equity and Accel Partners, as reported by VCCircle and The Hindu. The investment was done by way of subscription to 100 equity shares and 317,423 compulsory convertible preference shares of Samunnati.

Clasis Law's IP team headed by partner Rahul Beruar has left to set up Beruar & Beruar, with its head office in Delhi's Defence Colony.

Zerick Dastur Advocates & Solicitors has filed an appeal before the Securities Appellate Tribunal (SAT) on behalf of PricewaterhouseCoopers (PwC) challenging the jurisdiction of the Securities and Exchange Board of India (SEBI) order of last week banning the Big 4 consultancy from auditing work in India.

Former DLA Piper foreign qualified lawyer Timothy Franklyn joined Tatva Legal as a partner in Bangalore.