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LI Spring 2018 Issue

2

Private Equity in India: The Legal Perspective

Business Opportunities in Brazil

Dispute Resolution for USA and Indian Businesses

Editor's picks

3

AZB Mumbai corp partner Bhavi Sanghvi leaves fee-earning behind to become KM partner

7

4th time lucky: NLIU Bhopal about to form its very first student body association (SBA), submits constitution for sign-off

33

Advaita, BMR co-founding partner Sujit Ghosh (NLS 95) to leave, become independent arguing counsel

20

Citi India GC Pramod Rao to return to old home but as ICICI Group GC

177

2018 CLAT preferences: Same same • NLS ‘loses’ a few more • NLU Mumbai popular again • Clataclysm gave a few bumps

61

Top Mumbai solicitors Federal & Rashmikant (lawyers of Cyril Shroff) face break-up [UPDATE: Firm reorganising partnership]

Tax  07 April 2010

Legal Pulse (tax): Consortia can not be taxed as 'Association of Persons'

The Authority for Advance Ruling (AAR) has reiterated that sharing of profits and not income would be the determining factor in finding the existence of an Association of Persons (AOR) for the purpose of taxation, while holding that a consortium cannot be treated as an AOR.

Law schools  07 April 2010

MS Ramaiah law college launches first journal

M S Ramaiah College of Law, University of Bangalore students have started the law school's first academic journal yesterday (6 April).

Law firms  07 April 2010

Start-up RDA Legal makes best friends with French firm

Start-up firm RDA Legal has signed a best friends agreement with French-international law firm DS Avocats and has expanded with one lateral Delhi partner and one internal Kolkata promotion.

Law firms  05 April 2010

Three new Khaitan & Co Mumbai partners; Associate bonuses 30 to 50%

Khaitan & Co has promoted Mumbai associates Joy Jacob, Ashwin Mathew and Savita Singh to its partnership and announced associate bonuses of as much as 90 per cent of annual salaries at the top end.

Law firms  05 April 2010

Luthra & Luthra promotes three to partner, 22 senior lawyers

Luthra & Luthra has elevated Pranjal Bora, Vikrant Kumar and Moushami Joshi to its partnership and made up two managing associates and 19 senior associates in a slew of internal promotions last weekend.

Law firms  02 April 2010

JSA projects partner joins Khaitan & Co

Khaitan & Co Mumbai has hired J Sagar Associates (JSA) retained partner and infrastructure projects specialist Amitabh Sharma into its partnership, which is the third lateral partner hire the firm completed yesterday (1 April).

In-house counsel and GCs

Law firms  01 April 2010

Khaitan & co takes two-year old TMT boutique into partnership

Khaitan & Co has bolted on Delhi technology media and telecommunications (TMT) practice start-up Legal Spectrums and its founder Asim Abbas as a partner and  has hired two lawyers from telecoms major BT's offshore legal centre in Gurgaon.

Corporate  01 April 2010

Legal Pulse (corporate): All FDI Press Notes, rules consolidated into one document

The Union Minister of Commerce & Industry has released a new foreign direct investment (FDI) policy framework to rescind all previous FDI Press Notes and consolidate all FEMA, RBI Circular and Press Note regulations into one consolidated document.

Law firms  01 April 2010

ALMT bags up-and-running projects team with lateral boutique hire; Best friend helps

One third of top infrastructure boutique India Law Services has joined ALMT Legal in Mumbai, with partner Ishtiaq Ali set to start up ALMT's projects and infrastructure practice.

Law firms  01 April 2010

Khaitan & Co starts Mumbai banking practice with White & Case hire

Khaitan & Co has hired former White & Case New York associate Shishir Mehta as a partner in Mumbai to start up a banking and finance practice.

Law firms  01 April 2010

[APRIL FOOL] Luthra & Luthra builds cricket field on new office floor

Luthra & Luthra has leased another 9,000 square feet in its existing Delhi office to build an indoor cricket practice pitch for fee-earners, following the firm's victory at the law firm T-20 tournament last Sunday.

Law firms  30 March 2010

Bar Council to crack down on law firm websites and advertisement

The Bar Council of Delhi has decided to frame a draft proposal to more stringently regulate law firms to prevent flouting of Bar Council of India (BCI) and Advocates Act rules and to strictly enforce the advertisement ban and publicity rules governing law firm websites.

Corporate M&A  31 March 2010

A&O, Trilegal arrange $8.3bn mega-loan in record Bharti-Zain takeover

Allen & Overy (A&O) and Indian best friend firm Trilegal have scooped the mandated lead arranger mandate on the closing Bharti Airtel – Zain $9bn merger, alongside AZB & Partners, Herbert Smith and Linklaters.

Mooting  31 March 2010

NUJS continues MPL recovery, wins Manfred Lachs funding over NLS, Nalsar

NUJS Kolkata scored a major win at the funding rounds for the Manfred Lachs Space Law Moot, defeating the hosts NLSIU Bangalore, giving both teams huge boosts in the Mooting Premier League (MPL) rankings.

Law schools  31 March 2010

'Mass movement' for more diverse legal profession kicks off at NUJS

NUJS Kolkata professor Shamnad Basheer has begun a pilot project to increase access to the legal profession to those from poorer backgrounds, seeking to grow it into a mass movement with funding and involvement from lawyers and students across India.

Mooting  30 March 2010

Nalsar scores Jessup; GNLU, NUJS leap back into MPL after WTO Taiwan, Vis HK

Nalsar Hyderabad extended its lead in the Mooting Premier League (MPL) in the semi-finals of the Philip C. Jessup International Moot, while GNLU Gandhinagar and NUJS Kolkata recovered in the ranks after the Tier 2 ELSA WTO Moot Taiwan and the Tier 3 Willem C Vis East Moot in Hong Kong.

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