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Argus Mumbai absorbs transactional part of father-son firm P&P Legal

7 P&P-lawyers to boost Argus banking, finance, projects

Argus gives Mumbai merger another shot, betting on P&P
Argus gives Mumbai merger another shot, betting on P&P

Argus Partners merged with Mumbai firm P&P Legal, adding its founding partner Prakash Panjabi as an equity partner and Panjabi’s son and the other P&P Legal partner Pritish Panjabi as a partner in its Mumbai office.

Prakash Panjabi founded P&P Legal in April 1995, as Prakash Panjabi & Associates, and rebranded the firm to P&P Legal when his son Pritish Panjabi joined as partner. The firm specialises in banking and finance, projects and infrastructure.

Panjabi obtained his LLB and LLM (1984) from the University of Mumbai and was a associate manager in the legal department of SICOM until 1995 before starting the sole proprietorship Prakash Panjabi & Associates.

He told Legally India that P&P Legal comprised of 12 lawyers but that the five lawyers in its litigation team would not be part of the merger with Argus.

He commented in Argus’ press release: ““I believe the synergies we share will greatly leverage our combined strengths. We look forward to the exciting journey ahead.”

Argus managing partner Krishnava Dutt commented in the release: “I welcome Prakash and Pratish Panjabi to the Argus family. This is an eventful milestone for the Firm as this merger perfectly supplements our Banking & Finance practice which has been primarily representing private sector banks and financial institutions. This, with the recent joining of Mr. R Vedasagar in our Bangalore office, definitely gives the Firm a strong competitive edge in the Banking & Finance space, besides the Infrastructure and Real Estate practice.”

As reported today, Argus has also ramped up in Bangalore adding three partners, including Samvad Partners co-founder Siddharth Raja.

Argus was merged with Bombay solicitors firm Udwadia & Udeshi in Mumbai, in 2012, but the two firms split in April last year.

Argus Mumbai now has six partners including three equity partners, and 24 fee earners, confirmed Dutt.

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