Cyril Amarchand finance PA & Noojie Manisha Shroff joins Khaitan & Co as associate partner

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Friday, 15 May 2015 By Legally India Law firms

Cyril Amarchand Mangaldas Mumbai-based principal associate Manisha Shroff is set to join Khaitan & Co, according to authoritative sources.

Shroff has been working at Amarchand since graduating from NUJS Kolkata in 2006 and specialises in banking and debt capital markets.

She and Khaitan partner Rabindra Jhunjhunwala declined to comment when contacted.

Cyril Amarchand managing partner Cyril Shroff commented: “We wish her well.”

Khaitan & CoManisha Shroffpartner hiresCyril Amarchand Mangaldas

Comments

Guest 15 May 2015, 12:52
+14 -2
Boss, Noojie is an internal term that we use in conversations - don't put it on LI!!
kianganz 15 May 2015, 12:54
+6 -2
Dude, not the first time ;)
http://www.legallyindia.com/index.php?searchword=noojie&searchphrase=all&Itemid=101&option=com_search
Guesterator 15 May 2015, 13:06
+8 -3
Internal [i]and ridiculous sounding[/i] term, hence the embarrassment. Carry on Kian ;)
Bar & Bench 15 May 2015, 13:43
+12 -3
On an entirely different note, what's with the new look of Bar & Bench? It looks boring and dead. Plus you have to pay to read the columns! LI rocks! (Kian, please don't get ideas (of charging) from B&B.
kianganz 15 May 2015, 14:33
+6 -2
Thanks! :)

To be honest, I think their new look is very clean and stylish. But I don't think it'd work for LI for a variety of reasons, one being the amount of our content (the other being that we can't afford good designers! :).

As for paywall, I understand the commercial pressures - online journalism is in a seriously difficult phase of its life that's very hard to monetise, especially in India.

That said, I believe strongly that information should be free and available and a paywall would be one of our absolute last resorts if all other commercial options have failed.

If you want to help us explore alternative models and want to throw some money our way as a hat tip and to show that you appreciate what we do, please do click here:
https://www.instamojo.com/@legallyindia

I'd be overjoyed if LI could one day subsist on the charity and goodwill of its readers! :)
CEO 15 May 2015, 19:23
+1 -2
Kian, it is a fact that you have more visitors than bar n bench. You do get ads on your site. You don't need money from your readers. Come on, you can monetize it better. Charity from your readers must be your last resort. N it doesn't cost you much to make li less cluttered. Getting down to the business, where is lks Gurgaon story.. Prachi was supposed to cover that rite..
kianganz 15 May 2015, 20:55
+2 -1
Dunno, voluntary reader contributions is a pretty appealing model in many ways, as it means we could be completely independent from any commercial pressures or pleasing advertisers (which we're luckily not subject to, but still). And it's better than a paywall in many ways (though it's probably not possible to scale or achieve significant revenue, since most people are cheapskates :)

But you're right, we need to find something sustainable other than just ads but in my opinion monetisation online is honestly one of the biggest challenges (and opportunities) that journalism has possibly ever faced.

Happy to hear intelligent suggestions though.

By the way, does anyone happen to know anyone who's signed up for the B&B paywall? I've yet to meet anyone, but if they get entire law schools or law firms to sign up, it could make some commercial sense...
Jury 15 May 2015, 14:06
+1 -0
Kian,

What does Noojie mean?

Is Manisha not from Shroff's family.
kianganz 15 May 2015, 14:38
+1 -1
Noojie is what NUJS Cal grads are colloquially called (though perhaps only in more recent batches), just like those from NLS are called Law Schoolites (with capital L and S) and more boringly there's also Nalsarites.

RMLNLU is called Ramlu (though Ramlu-ites, I understand, hate the word), and JGLS is Jiggles, which is perhaps a tad too obscene for everyday usage.

Any others?

Oh, and no, I'm almost certain Manisha Shroff is not related to the Shroff & Co family.
LOL 15 May 2015, 16:22
+13 -2
Kian, she is related.

She is Cyril's uncle's son's wife's daughters's husband's father's second cousin's daughter
kianganz 15 May 2015, 16:28
+1 -1
Yeah, nice try... That sounds highly dubious... :)

Nice going though - was trying to figure out what that would make them in your hypothetical example when I got to husband.

So here's a fun exercise for anyone bored in the office: In the hypothetical relationship LOL describes, what would be the proper name for that relation?
Confused Zeus Says . . . 15 May 2015, 17:01
+0 -0
[quote name="kianganz"].

So here's a fun exercise for anyone bored in the office: In the hypothetical relationship LOL describes, what would be the proper name for that relation?[/quote]

Niece?
Student 15 May 2015, 17:16
+1 -1
It comes back to her being Cyril's daughter!
Alias 15 May 2015, 18:28
+0 -0
Not really. It doesn't clarify or paternal uncle
confused 15 May 2015, 19:55
+0 -0
Or father in law v. father
Gokkamokka 16 May 2015, 11:38
+1 -0
So she is Shardul's uncle's grand-daughter's father-in-law's second cousin's daughter (or second niece?)?! #Twocanplaythisgame

And I note too many people have started using my screen name! -The Real Gokkamokka.
gulabjamun 15 May 2015, 17:32
+2 -0
Gunlu and Hunlu
xyz 15 May 2015, 14:52
+13 -16
All the best Manisha. With this I think CAM can shut shop its debt finance team.
gulabjamun 15 May 2015, 17:34
+11 -4
Ok. Im sure cyril is thinking of the same.
Confirm 15 May 2015, 17:03
+12 -4
Lot of CAMmies quitting for KCO this month. Looks like a bleak 4th of July at Four Seasons. Please confirm.
fly to spider 15 May 2015, 17:39
+4 -2
Cam debt tram is lv bhojani santish jankiram etc Manisha was part of a solid debt team hard to make partner there
Bho 15 May 2015, 18:24
+5 -2
[quote name="fly to spider"]Cam debt tram is lv bhojani santish jankiram etc Manisha was part of a solid debt team hard to make partner there[/quote]

Market is ripe with the rumour that Bhojani is retiring / being eased out. Anyone can confirm?
kianganz 15 May 2015, 18:26
+0 -0
I think Bhojani has been due to retire for a while actually, due to reaching retirement age. Have not heard any rumour about him being eased out or anything though...
Xyz 15 May 2015, 20:03
+5 -2
Except Ashwath n LV, no other partner in CAM has any existence anyways. Nivedita yes.
Alias 16 May 2015, 09:17
+0 -9
Add Shishir's name too in that list
Lawl 15 May 2015, 19:55
+1 -0
I'm sure there will be fireworks :-)
Xyz 15 May 2015, 20:02
+4 -3
Bho is finance head. Santosh is project finance. Manisha is in Niloufer Lam's team. They do debt capital n debt finance. And in last 6 months, Manisha is the fourth one to quit that team. Therefore, it make sense to shut shop.
Name 16 May 2015, 09:17
+0 -0
4th exit?? Who were the other 3?
anonymous 17 May 2015, 16:00
+1 -1
One senior associate, A3 and even an A0.
gulabjamun 19 May 2015, 04:21
+6 -0
who cares for SA, A3, A0!!!

As russel peters said, if you get rid of one, they'll get another one
gulabjamun 16 May 2015, 11:38
+2 -1
Doesnt stop there- the finance team also has leena, amey, ramanuj, lam and the new partners- dhananjay, harita, subhalakshmi. They now also got avinash in bangalore. tough to break in.
rani queen 15 May 2015, 18:54
+5 -2
Everyone there is theoretically always on the verge of being eased out that is Ho they motivate people. Ironically those who leave ate often those the firm really wanted.
CEO 15 May 2015, 19:31
+1 -0
B&b has specifically made lks story pay walled though the much older ones are still free yet. Kian, break their back. Make Li the next Google. You should show them newer ways to make money.. They can be Microsoft. But you be closer to Google model.
kianganz 15 May 2015, 21:09
+4 -1
As for LKS opening an office in Gurgaon - yes, it's Prachi's beat but she's been unwell this week. We'll try and cover it in the coming week or so, though at the end of the day, it's only a Gurgaon office so it'll hardly cause anyone any sleepless nights if we don't cover it tonight :)

As for Google and Microsoft, I'm not quite sure what you mean, other than Google vaguely standing for openness and availability of all information (entirely self-servingly obviously). But MS is doing a lot on that front too under their new CEO Nadella, who's trying to make MS platform agnostic, is launching apps for every platform, even their rivals', etc. And they're giving Windows 10 away for free and their Office suite used to be worth paying for. Apple and Facebook on the other hand still love their walled gardens.

Anyway, it's not really my job to break anyone else's back or business model but I'm rather interested to observe if and how it will work out for them (it's also hardly new - they've had a fairly porous paywall up for at least a year now surely?)

However, yes, we will stick to re-reporting stories by them, the MSM and anyone else that we think are editorially relevant.
Re-reporting 18 May 2015, 08:10
+0 -0
Kian, By Re-reporting their news you will possibly kill their business model even though you give credit to them for the article. (Possibly also yours if you did get pushed into it)

Though legally permissible is it ethical? Especially since you have clearly stated that this is the last form of monetisation that you would consider.
kianganz 18 May 2015, 08:11
+4 -1
Why would it be unethical?
S-C-AM 15 May 2015, 21:07
+3 -3
Should we say "Revenge of the Sith" or "The Empire Strikes Back"?
Guest 16 May 2015, 01:41
+13 -8
Let's keep an eye out.. Am sure like the others she will leave Khaitan very soon!
LOL 19 May 2015, 10:58
+0 -3
Dude, you are so funny....
necessary info 16 May 2015, 15:22
+0 -3
Kian could you please check and confirm her batch? Don't you think when you publish lateral movements you should atleast specify graduation details as seniority is relevant in this profession
Bho 16 May 2015, 17:25
+2 -1
[quote name="necessary info"]Kian could you please check and confirm her batch? Don't you think when you publish lateral movements you should atleast specify graduation details as seniority is relevant in this profession[/quote]

Why is there fire in your pant?
2006 18 May 2015, 03:41
+0 -1
2006
scooterette 18 May 2015, 07:45
+8 -4
soumo is still there - he is the face anyways
haha 19 May 2015, 20:33
+1 -1
Ya! If u think so!!!
guest 18 May 2015, 09:26
+2 -0
How come so many comments are pending moderation? Controversial all?
Guest 18 May 2015, 11:42
+2 -0
Its immature to use 'Noojie'. I cannot recall any batch at Nujs using that term colloquially or otherwise (leave aside earlier batches who are totally clueless about it) I mean...is this the only thing you have, Kian, to poke fun at Nujs?? Some sense needed please.
Nujasian 19 May 2015, 09:30
+0 -0
Kian - for your info... Back in the day an NUJS student was called "Nujasian" - pronounced as "Nu-jasian".. Note sure where or when this Noojie business started..
Guest 20 May 2015, 14:44
+1 -1
Dude, I don't recall anyone using anything as ridiculous as "Nujasian". Sounds shady. Which batch are you? Noojie had started coming in colloq around 2010 - give or take a couple of years :p
money matters 23 May 2015, 19:15
+3 -1
Manisha is an excellent resource.. this is a huge loss for CAM.. if they had looked after her, she would not have left. Good for KCO. Best of luck to Manisha.
voice of reason 1 Aug 2016, 09:29
+0 -0
Noojie sounds like a situation where a Noob is having Soojie.
Commenting is closed for this article.