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Top Mumbai solicitors Federal & Rashmikant (lawyers of Cyril Shroff) face break-up [UPDATE: Firm reorganising partnership]

38-year-old partnership between Federal and Rashmikant to break
38-year-old partnership between Federal and Rashmikant to break

Federal & Rashmikant’s two senior name partners M Federal and C Rashmikant are due to separate, dissolving the partnership of the top Mumbai litigation and real estate firm, according to two reliable sources.

We separately emailed both real estate partner M Federal and litigation partner C Rashmikant for comment about their break-up earlier this week.

Both jointly responded, stating: “We do not comment on speculation.”

Update 23 June, 750pm: We have received a new joint statement that the firm is now reorganising its partnership: “We are in the process of re-organizing the Firm. This is being done for the best interest of the future of the Firm and all those working/associated with us including our clients.”

Federal & Rashmikant (F&R) has generally kept a low profile, as many of the more old-school Mumbai solicitors firms do.

However, the name hit the mainstream press after the Times of India first reported that it was representing then-Amarchand Mangaldas co-managing partner Cyril Shroff in the dispute with his brother Shardul (who had relied on Bharucha & Partners as his law firm).

UK-based consultancy RSG Consulting lists F&R, founded in 1980, as having 2 partners and 15 total lawyers, while legal directory Magic Lawyers states it has 5 partners, with 15-20 associates, with “leading individuals” besides the two name partners also being Murtuza Federal and Rohan Dakshini (who had made partner at the firm in 2009).

Magic Lawyers noted that “the firm relies on Senior Partner C Rashmikant’s excellent reputation and relationship with domestic clientele, especially in the Real Estate space. The firm is unique in the fact that in spite of being based out of Mumbai its Partners are often mandated by their clients to represent them in the Supreme Court of India in New Delhi.”

Update 23 June 2018: Chambers & Partners lists both founding partners as “star individuals”, with C Rashmikant in litigation and M Federal in real estate. The firm as a whole has a rank of “band 1” in real estate and “band 2” in dispute resolution.

Photo by Hernan PC.

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