Khaitan Sud & Partners
Khaitan Sud & Partners (KSP) equity partner Tanuj Sud has started up South Delhi based law firm Gravitas Legal, following the break-up of KSP as first reported by Legally India in March.
Khaitan Sud & Partners (KSP) is on the verge of a break-up with managing partner Umesh Khaitan, and his son and equity partner Ashutosh Khaitan having now rebranded to operate as Khaitan & Khaitan, according to authoritative sources.
Khaitan Sud & Partners (KSP) advised the Rural Electrification Corporation (REC) led consortium on infusing Rs 226.28 crores ($35m) in TRN Energy. TRN was advised in house.
KSP partner Tanuj Sud and associates Henna Vadhera and Aiswarja Mohanty acted for REC REC’s infusion will be used to meet the gap in implementation of the 600 MW thermal power project by TRN in Chhatigarh, according to KSP’s press release.
TRN is a subsidiary of ABC India which holds a 74 per cent stake in the power company.
Khaitan Sud & Partners (KSP) opened a second office in September, in South Delhi, moving its recently built corporate-focussed team to the new office under partner Tanuj Sud.
Amity Delhi 2011 alumni Abhinav Hansaria, Archit Virmani and Tushar John started up corporate law firm Optimus Legal in Delhi, in May.
Khaitan Sud & Partners (KSP) is facing a recovery suit in the Saket district court, Delhi, filed by its former senior associate Pankaj Kumar for the arrears of his retainership fee.
Phoenix Legal has hired Khaitan Sud & Partners partner Debarshi Dutta with senior associate Riddhi Sancheti and 2009-Nalsar grad Archisman Chaudhary into its Delhi litigation team.
Khaitan Sud partners Mrinal Ojha and Trinath Tadakamalla joined Phoenix Delhi in lit, while in Mumbai it promoted counsel Kartikeya Singh to partnership.
The markets are picking up it looks like – here’s the round-up of what firms have been getting up to.
Khaitan Sud & Partners (KSP) has dissolved its motor accident claims (MACT) vertical with insurance litigation partner Ashutosh Singh and his team of three lawyers, who were handling it, leaving the firm.
Deals round-up of more than a dozen recent instructions.
Khaitan Sud & Partners has hired ex-Bajaj Allianz General Insurance Company in-house lawyer Ashutosh Singh as insurance partner and promoted principal associate Deepak Khurana to partnership in litigation, according to legal website Bar & Bench.
Khurana is a 2006 graduate from Delhi University, while Singh worked at Bajaj Allianz for five years specialising in motor claims and consumer litigation.
Big project M&A in the project space with Desai & Diwanji and Amarchand, while a project finance take-out scheme keeps Dhir busy.
6 deals spanning private equity and high finance with Amarchand, AZB, Lexygen, Luthra, KSP, SNG…
ALMT Legal senior associate Preeti Balwani has joined Khaitan Sud & Partners (KSP) as a salaried partner to head up its Mumbai office and drive its corporate practice under a best friendship with a business consultancy started up by an ex-PricewaterhouseCoopers (PwC) director.
M&A and financings from the last three weeks starring Amarchand Mangaldas, AZB & Partners, J Sagar Associates (JSA), HSA Advocates, Khaitan & Co, Talwar Thakore & Associates, and Khaitan Sud & Partners.
Amarchand, Luthra, Khaitan, JSA, AZB, ARA, Rajani, HSA, KSP and Majmudar lead in the latest round-up of intercontinental multi-million dollar deals...
ICICI Lombard motor vehicles product manager Keshava Prashanth has joined Khaitan Sud & Partners as the Bangalore office’s partner-in-charge.
His hire would take advantage of the “processes … developed with the help of DAC Beachcroft”, a UK insurance specialist firm, said the managing partner Umesh Khaitan.
Keshava added that he would he was drawn by the firm’s “process driven approach” to servicing the insurance industry [via Bar & Bench]
More deals than you can shake a stick at in our handy round-up of deals activity, with dozens of firms keeping busy.