Law firms

Cyril Shroff, Mumbai-based managing partner of Amarchand which is set to split in two, has finalised a lease in Delhi’s Saket area.

Schneider Electric group general counsel Suprio Dasgupta joined Dr Reddy’s laboratories as its general counsel.

Juris Corp, which has suffered from major attrition in recent years hitting its partnership numbers, has internally promoted two principal associates to its partnership, reported Bar & Bench.

Shan Bottlewala had started his career at the firm in 2008, while Durgesh Khanapurkar had joined in August 2014 from India Law Alliance.

J Sagar Associates (JSA) advised Reliance Infra on its Rs 819 crore ($130m) acquisition of 18 per cent stake in Pipavav Defence and Offshore Engineering which was advised by K Law and Crawford Bayley.

Law minister https://www.legallyindia.com/Law-firms/legal-market-liberalisation-investigation-into-lobbying-and-policy told The Hindu: “Yes, Japan has written to us. We are taking the issue of opening up our legal sector on a positive note, but on the condition that it will increase the face-value of our lawyers globally and there will be a mutual exchange of lawyers, law firms.”

BCI chairman Manan Kumar Mishra told The Hindu: “The Union Law Ministry has handed us Japan’s letter which says that they are ready and eager to invite and allow Indian lawyers and Indian law firms to practice Indian laws in Japan. The BCI is studying the proposal.”

“We will be framing this rule of reciprocity after carefully examining the situation for lawyers in each country. For example, if they create a hurdle, like a test which is very difficult to crack, we will also do the same here for their lawyers looking to practice here.”

Legally India and Mint reported earlier this week that in discussions with Society of Indian Law Firms (Silf) and the Bar Council of India (BCI), the government was taking a proactive approach in liberalisation the legal market, possibly within the next two years.

Legally India investigates in Mint how special interests have succeeded at and could end up indefinitely stalling reform of legal services, despite the government's best laid intentions.

Induslaw represented Olacabs, which must fast be turning into one of its most high-profile and valuable clients, in a $200m takeover of TaxiForSure.

The mediators between brothers Cyril and Shardul Shroff of Amarchand Mangaldas gave the green light for both to begin setting up new offices.

Advocate Deepak Khosla has filed a writ in the Calcutta high court to get Khaitan & Co to drop “& Co” from its name and for the high court to dismiss 20 years of pending and disposed of cases in which the firm acted.