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Khaitan & Co buys out three PXV Law founding partners, some associates

Abraham, Roy
Abraham, Roy

Three co-founding equity partners of PXV Law Partners, Deepto Roy, Mohit Abraham and GT Thomas Phillippe, are set to join Khaitan & Co as associate partners by 1 August, according to five authoritative sources from both firms and others with knowledge of the move.

Phillippe would join the Delhi corporate team, Abraham in Delhi litigation and Roy will be based in Mumbai specialising in infrastructure.

Khaitan & Co was not available for comment and PXV declined to comment when contacted.

PXV equity partner Pingal Khan is understood to be be starting a new firm with non-equity partner Souvik Bhadra in Kolkata, with PXV as a partnership and brand ceasing to exist.

Legally India could not confirm whether non-equity partner Anuj Sahay in Delhi would be joining Khaitan. Around half of the departing partners’ teams of roughly 15 associates are expected to be taken on by Khaitan after interviews.

PXV was started as RDA Legal, which was started in 2008 by Rohit Das and Pingal Khan, rebranding in 2011 as PXV with Philippe, Roy and Abraham becoming as equity partners. In 2012, PXV split over differences in vision, with Das separating back into RDA Legal and partner Arindam Pal in Kolkata splitting off into Augustus Law Chambers.

All of the erstwhile firm’s partners are graduates from NUJS Kolkata, with the three joining Khaitan all having graduated in 2005.

Abraham, who is an advocate-on-record, began his career at Amarchand, practising at the Supreme Court advocate from 2008 until joining PXV in 2010.

Roy also joined Amarchand after graduating in 2005, leaving in 2011 to join PXV.

Phillippe began his career at Trilegal, moving to AZB in 2008 and joining PXV in 2011.

Story updated with details of Pingal Khan and Souvik Bhadra’s start-up.

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