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Cyril Amarchand partner Ipsita Dutta leaves, to go to Morgan Stanley

Dutta is 6th-ish corp-ish partner to leave in as many months
Dutta is 6th-ish corp-ish partner to leave in as many months

Cyril Amarchand Mangaldas (CAM) Mumbai financial regulatory partner Ipsita Dutta has left the firm, according to authoritative sources, and is understood to be joining Morgan Stanley as an executive director in the legal department.

Dutta made a partner at what-was-then Amarchand Mangaldas in 2012, having started at the firm in 2005 after graduating from NUJS Kolkata.

We have reached out to CAM managing partner Cyril Shroff commented: “We are very pleased for Ipsita. She is exploring new ground and we wish her the very best.”

Dutta declined to comment when contacted. We have also reached out to Morgan Stanley for comment.

Shroff added: “It is a fairly deep practice and the next level and the rest of the team is fully ready to take the practice forward. They will grow even faster in this exciting practice.”

Her departure, while not to a rival, is the latest in a line of departures in CAM’s Mumbai corporate practice, including partner Ashwath Rau and three partners in his team, Ganesh Rao, Dhruv Singhal and Anu Tiwari, who all moved to AZB & Partners, as well as Himanshu Dodeja, who joined private equity firm Blackstone in April.

CAM partner designate Prerak Ved had joined AZB as a counsel earlier this month.

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