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5th, 6th Link Legal partners go this Q: Durgesh Singh joins DMI, Ashutosh Narang exits for Cap In Fin

Durgesh Singh joins DMIDurgesh Singh joins DMI

Delhi Link Legal India Law Services partner Durgesh Singh has joined DMI Finance as its group chief legal officer.

DMI was founded in 2008, and is a non-banking financial company (NBFC) that does corporate lending, housing finance, consumer finance and asset management, having last year been in the process of raising a Rs 1,000 crore fund in the distressed assets space, according to Mint.

2005 Delhi University graduate Singh, had been an associate partner at Link Legal since 2015 and was promoted to partner in 2017.

He had begun his career at Delhi’s Titus & Co in 2005, moved to Amarchand Mangaldas Mumbai from 2008 to 2010, and then spent five years at Dua Associates before joining Link Legal.

We have reached out to him and Link Legal for comment.

Former Link Legal associate partner Ashutosh Narang has also joined investment and financing NBFC Capital India Finance as head legal, according to LinkedIn and Bar & Bench.

A Symbiosis Pune 2006 graduate, Narang had joined LInk Legal in 2016 after his NUS Singapore LLM and stints at Wadia Ghandy and AZB & Partners.

Narang focuses on advising banks, financial institutions and corporate on structured finance, debt capital markets, debt restructuring, banking, private equity and general corporate advisory including a large variety of debt transactions such as debt capital market issue, syndicated or consortium loans, external commercial borrowings and other offshore borrowings, restructuring of debt including CDRs and SDRs, strategic and private equity investments, according to his LinkedIn profile.

The two are at least the fifth and sixth partners to have left Link Legal in the last three months alone, following associate partner Alok Sonker joining Luthra, Gurgaon partner Raunak and Mumbai partner Nikhil Rodrigues, and Saloni Gupta in Delhi, who joined Apple.

In March, Link Legal associate partner Rajdeep Choudhary had joined HSA Advocates as a partner.

However, in July the firm had re-hired Apurbalal Malli as associate partner in Hyderabad, and in February the firm had promoted Siddharth Srivastava to equity partnership.

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Like +5 Object -2 Name and alias 02 Aug 18, 19:37
This is such a weird headline. What does 'go this Q"? Mean? Maybe I'm ignorant but it's a really unusual phrase
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Like +3 Object -4 kianganz 02 Aug 18, 19:53 LI subscriber
Yes, it is a bit, sorry. Q = quarter :)
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1.1.1
Like +5 Object -1 Bar and Bench 03 Aug 18, 10:16
Why don’t you replace the Q with Quarter, Kian. Looks quite infantile, to be honest.
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1.1.2
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Like +0 Object -0 TwitterNinja 05 Aug 18, 23:28
Hasit Seth, partner, from Mumbai office left Link Legal in January 2018 too.
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1.1.3
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Like +2 Object -3 TwitterNinja 05 Aug 18, 23:33
I think both Anand and Atul are brilliant leaders. I think they are going through usual growth pangs. There are cultural issues in integrating merged firms. They need to set the expectations right during merging. If revenue is the most critical thing, then be clear about it. Cannot leave merger strategy's design or execution to CEO or staff.
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Like +2 Object -0 Afterthought 03 Aug 18, 08:33
It's no more funny, the exodus from Link Legal. At least 15 have left in 2017 and 2018. Such new have become routine and boring now.
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Like +2 Object -1 Afterthought 03 Aug 18, 09:46
*News
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3
Like +9 Object -0 Afterthought 03 Aug 18, 10:14  interesting
wondering what makes them take such decisions. obviously greener pastures or in-ouse attractions are there, but sure there is much more into this outward in-flow from top management of the firm. what is CEO upto, may be need to mend his wayss in dealing I guess.
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3.1
Like +17 Object -0 Sacred Games 03 Aug 18, 20:24  interesting  top rated
CEO: LOOK, A BIRD!!!
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4
Like +5 Object -1 Guest 03 Aug 18, 17:46
Durgesh is gem of a person and an amazing lawyer. All the best D!!!
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5
Like +22 Object -0 Sacred Games 03 Aug 18, 19:42  interesting  top rated
CEO: But .. but.... It is normal, na? Look how much I am doing, na? Not a HR problem, na? (Please help!)
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Like +3 Object -0 IMDBoss 05 Aug 18, 15:17
Kian .. Hasit Seth, I.P. Mumbai Partner also left in February. So total 8 Partners left in 6 months
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Like +1 Object -5 TwitterNinja 05 Aug 18, 23:34
Where is he now? Seems like an unknown name. Was he any good?
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Like +2 Object -0 Guest 06 Aug 18, 11:22
Am pretty sure Ashutosh Narang graduated from Symbi in 2004 not 2006 as reported..
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Like +1 Object -0 2006 07 Aug 18, 10:48
Ya, I am pretty sure that Ashutosh is not from the 2006 batch
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Like +1 Object -0 Explorer3 06 Aug 18, 15:35
what could be the range of package at DMI Fin?
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Like +2 Object -0 in house 07 Aug 18, 13:49
less than one cr
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Like +2 Object -0 Explorer3 07 Aug 18, 17:04
..ohh....thats why they couldnt afford me! ;-D
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Like +3 Object -2 Nero 08 Aug 18, 00:11
Only the CEO gets paid 1 crore based on wonderful progress he is contributing to them firm
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Like +1 Object -1 Insider 09 Aug 18, 17:00
Many more to leave soon!! This merger will not survive!
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Like +0 Object -0 Hello 09 Aug 18, 18:23
Overdue hai
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Like +2 Object -1 BA LLB 12 Aug 18, 22:06
Looks like merger wasn’t very helpful to LL. Most of the talents who came in have either left or waiting for the right opportunity. Survival at LL is becoming a question mark for sure.
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