Khaitan & Co has now confirmed that competition partner Avaantika Kakkar will be leaving the firm. She will be going to Cyril Amarchand Mangaldas as its national competition head, as we had first reported (by a few minutes) on Saturday.

Khaitan executive director for HR, Amar Sinhji, said: “Avaantika Kakkar, our partner from the competition practice based at Mumbai has decided to leave the firm and pursue her career elsewhere.

“She joined the Firm in 2005 and made Partnership in 2011. We very much value her contribution to the firm and wish her all the very best in her future endeavours.”

Update 19:46: Kakkar commented: “I cannot help but feel sadness at leaving KCO - my home for 13 years. What a wonderful journey this has been! Equally, I look forward to the next adventure!”

It is understood that internal discussions were still taking place after the news first broke late on Friday that Khaitan associate partner Pooja Patel and executive director Daksha Baxi would be joining CAM.

We have reached out to Kakkar and CAM for comment.

On Friday, Sinhji had said that Kakkar had not resigned, having told Bar & Bench: “The rumours about Avaantika Kakkar (Partner – Competition) leaving the Firm are just rumours!”