News

Amarchand Mangaldas Delhi and Mumbai regions, managed by brothers Shardul and Cyril Shroff respectively, have agreed to split into two firms by 1 April 2015, confirmed three independent sources.

Supreme Court senior counsel Harish Salve and KK Venugopal are set to be awarded Padma awards, with Venugopal to receive a Padma Vibhushans, India’s second-highest civilian honour, reported Zee and others.

PDS Legal, the law firm closely allied to Big Four consultancy Ernst & Young (E&Y), is set to boost its M&A practice with the arrival of Desai & Diwanji Mumbai partners Monika Deshmukh and Vihang Virkar.

The team from NUJS Kolkata bested Campus Law Centre to clinch the winners title at the KK Luthra Moot hosted by CLC on 18 January 2015.

As effigies burn, lawyers rail against Bedi, with ex-BJP and RSS members also complaining about not having been given BJP tickets in this election because of Bedi’s bias.

Amarchand Mangaldas and K&L Gates advised US-based Par Pharmaceuticals and its wholly-owned Indian subsidiary Par Formulations on its acquisition of Chennai-based Ethics Biolabs, which was advised by HSB Partners.

Amarchand Delhi partners Amit Kumar and Arvind Sharma, principal associate designate Janani Sekhar and senior associate Ananda Malhotra acted for Par Pharmaceuticals.

HSB partners TK Bhaskar and Varun Sriram with associate Anantha Krishnan Iyer acted for Ethics Biolabs and its selling promoters. Ethics conducts “bioavailability, bioequivalence, pharmacokinetic and clinical end point studies for pharmaceutical and biotechnology companies”, started an Amarchand press release. The value of the deal, which closed on 14 January, was confidential.

The firm started in 2012 by former ELP associate partners Ritesh Kanodia and Udayan Choksi with former Bharucha & Partners SA Amey Nargolkar has merged with former KPMG deputy DEO Dinesh Kanabar’s two-month old start-up.

Khaitan Sud partners Mrinal Ojha and Trinath Tadakamalla joined Phoenix Delhi in lit, while in Mumbai it promoted counsel Kartikeya Singh to partnership.

The Ministry of Consumer Affairs has sanctioned a grant of Rs 1 crore to NLSIU Bangalore to build a “centre for mediation for the protection of consumers”, headed up by consumer law and practice chair professor Ashok R Patil, reported The Hindu.

In 2013 Legally India had reported that NLSIU had received Rs 8 crore from the University Grants Commission (UGC) to upgrade its facilities.