J Sagar Associates (JSA)
J Sagar Associates (JSA) tax chair Ashok Dhingra, partner Smita Singh, and partner-equivalent chartered accountant (CA) Sonia Gupta, have set up boutique tax advisory firm Ashok Dhingra Associates (ADA).
Some of the deals lawyers have been working on this month that we didn’t manage to cover separately.
J Sagar Associates (JSA) acted for Swiss lock maker Kaba Holding on increasing its investment in its Indian joint venture with Dorset to 74 per cent.
Luthra & Luthra partner Bobby Chandhoke advised the Indian shareholders in the JV, Dorset, while JSA partners Upendra Nath Sharma & Pallavi Puri with associates Shantanu Jindel and Pranav Gadi acted for Kaba.
The additional acquisition of 25 per cent by Kaba was structured as a preferential alotment and also included three additional business acquisitions by the Swiss company via a slump sale, as reported by VCCircle.
A Mumbai court yesterday sentenced the convict in lawyer Pallavi Purakayastha’s murder to life imprisonment, reported the ANI. The 25-year-old in house counsel and ILS Pune grad was stabbed in the throat in her Mumbai flat in August 2012 by her apartment complex' watchman.
The convict – 22-year-old Sajjad Ahmad Moghul – was sentenced to life for killing Pallavi, to ten years for beaking into her flat, and to four years for outraging her modesty. Purakayastha’s fiancé Avik Sengupta – a JSA associate at the time – had discovered her dead body and had been a crucial witness in the case, however he died of an illness on 14 November, according to the ANI report.
Also read: Detailed feature in the Indian Express on the tragic story of the two lawyers.
HSA Advocates has hired Abeezar Faizullabhoy as the firm's 14th partner, according to a press release from the firm.
Faizullabhoy was an equity partner at J Sagar Associates (JSA) until 2013, when he left to join Chennai-based ultra-mega power project Aditya Resources as CEO.
HSA has offices in Delhi, Mumbai and Kolkata and a "correspondent relationship in Bangalore", according to the statement.
Indian law firms have taken a deeper interest in policy formulation in the last five years than they have before, however they are wary in a big way of being seen as “lobbyists”.
Answer: It depends (but nine is magic number)
The markets are picking up it looks like – here’s the round-up of what firms have been getting up to.
J Sagar Associates (JSA) Bangalore partner Promod Nair has started an independent arbitration practice.
GNLU Gandhinagar, which has placed at least 13 fourth year students this year, refused to divulge figures for its 11 April Day Zero recruitment again.
NUJS Kolkata’s 2015 graduating batch has accepted 27 job offers across seven firms with a mix of 16 so-called Day Zero offers made after interviews on campus on April 16 and 11 pre-placement offers (PPOs) made after internships to students.
NLU Delhi’s third batch, that will graduate in 2015 has already placed 10 students with confirmed jobs after its Day Zero of recruitment on 4 April, with four offers subject to internships and three vacation placements with foreign firms.
J Sagar Associates has promoted 23 lawyers to senior associate level, with a huge majority - 13 - getting bumped up the ladder in Mumbai.
Indus Law advised textile and apparel retailer Arvind Brands, which bought 49 per cent of the Indian licensee of global fashion giant Calvin Klein (CK) for Rs 100 crore. J Sagar Associates (JSA) advised the previous licensee Premium Garments and Wholesale Trading.
J Sagar Associates (JSA) has today promoted nine of its lawyers to its salaried partnership across Delhi, Gurgaon and Mumbai.