Dua Associates corporate and private equity partner Himanshu Narayan is to join Cyril Amarchand Mangaldas with his team-member partner Amarta Roy, Bar & Bench has first reported.
We had reached out to Narayan last week and earlier today after several sources had confirmed his move, but he had declined to comment by the time of publication.
The 1995 NLSIU Bangalore graduate had moved to Dua from erstwhile Amarchand Mangaldas in 2010.
While at Amarchand, in August 2008, Narayan had been one of the first five partners to have been elevated into its partial equity lockstep system, alongside corporate partner Ashwath Rau, banking partners Gunjan Shah and Leena Chacko and projects partner Jatin Aneja.
While Cyril Amarchand senior Delhi partner Percy Billimoria is due to go independent come August, Narayan’s joining is likely to coincide with Shardul Amarchand Mangaldas corporate partner Akila Agrawal joining the firm around the same time.
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From what I understand anecdotally from partners, B&B also seems happier to rush ahead to press without trying to get through to partners first, whereas we generally try to wait to give them an opportunity to at least announce to their old firm that they're leaving (which sometimes means we lose scoops, but so it is...)
I don’t know how to get in touch with you!
You’ve worked at AMARCHAND before and know the man and his family!
At your age and stage, money should not be a factor?
And your going to be reporting to our forming a combination with Akila?
I can’t think of a worse recipie.....
Jesus!!
If he's being offered equity, then what about other senior partners at CAM. If not, what come to CAM Himanshu?
Anyway am sure Akila will be handed also no?
Wonder how they will meet targets!!
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