L&L Partners

Shardul Amarchand Mangaldas advised the PVR cinema chain on buying for Rs 500 crore DT Cinemas from DLF Utilities, which was advised by Luthra & Luthra.

According to its press release, Shardul Amarchand partners Akila Agrawal and Sourav Kanti De Biswas acted for PVR, with senior associate Megha Bhargava, and associates Ishita Khandelwal and Rishab Basu.

They were assisted by competition law partners Shweta Shroff Chopra and Aparna Mehra, senior associate Vivek Agarwal and associate Sakshi Sejwal, guided by managing partner Pallavi S Shroff and senior advisor European and competition law, John Handoll.

Long-standing Luthra client DLF was represented by Luthra partner Samir Dudhoria with associates Ankita Kansil and Akshay Jain. ,

The deal will give PVR an additional 29 screens with 6,000 seats in eight locations in the Delhi area and Chandigarh, in addition to its existing 467 screens in 105 locations.

Luthra & Luthra Mumbai corporate partner Sudipta Routh will join Vaishali Sharma’s corporate law start-up as its first lateral partner.

Luthra & Luthra Mumbai corporate partner Sudipta Routh has resigned while litigation partner Ashish Prasad, who was promoted only three months ago, has quit for Economic Laws Practice (ELP).

Luthra & Luthra Delhi managing associate Siddharth Srivastava is joining Link Legal as a partner in banking and finance.

If all you care about are the top spots, not much has changed in the rankings of the 40 leading corporate Indian law firms that London-based RSG Consulting has produced since 2008.

NUJS Kolkata has set a new Day Zero record, with 40 students having accepted jobs after kicking off its 2016-batch campus recruitments on 17 and 18 April.

Luthra & Luthra has hired two new Mumbai partners: ex-State Bank of India deputy general manager (law) Priyamvada Haridas in banking and finance, and Shinoj Koshy from Nishith Desai Associates in corporate, as reported by Bar & Bench.

Haridas joined SBI from GLC Calicut after graduating in 1986; Koshy is a 2004 NLSIU Bangalore graduate who spent time at Linklaters joining Nishith Desai in 2013.

Partners Rajiv Luthra and Mohit Saraf did not respond to Legally India emails seeking comment.

In what will possibly have been its last quarter of existing as a single firm, Amarchand Mangaldas again acted on the most valuable M&A deals though AZB & Partners emerged as the firm with the largest number of recorded transactions.

GNLU Gandhinagar has already placed a total of 24 students on its Day Zero held yesterday, out of a batch of 155, of whom 115 took part in the recruitment process.

Amarchand maintained its standing as India’s clear M&A leader topping the annual chart for the third year in a row.

Herbert Smith Freehills London senior associate Rajesh Chavda, will join Luthra & Luthra as a partner in its Delhi infrastructure and natural resources practice in April 2015.

Desai & Diwanji and Luthra & Luthra acted on the sale of Jaipur Mahua Tollway, a four-laning project conessionnaire of the Jaipur-Mahua section of National Highway 11, for Rs 525 crore to ISQ Asia Infrastructure I, an affiliate of US-based fund I Squared Capital.

Desai & Diwanji Mumbai partner Ketaki Gor Mehta, assisted by associates Niharika Mepani and Rahul Deodhar, acted for the IJM group.

Luthra & Luthra partners Sameen Vyas, Manmeet Singh and Suyash Srivastava, assisted by senior associate Viplav Sharma and associates Anubha Sital and Shantanu Gupta, acted for ISQ

Only 74 per cent of equity shares will be sold now, with the remaining 26 per cent being sold after approval from the National Highways Authority of India (NHAI) through put and call options.

Luthra & Luthra and Clifford Chance advised CLSA India, Citigroup Global Markets India, Credit Suisse Securities (India), ICICI Securities, Kotak Mahindra Capital Company and IDFC Securities as joint book running lead managers on CESC’s $80m qualified institutional placement (QIP) of 7.6m shares, which was reported Mint and others. CESC was advised by Khaitan & Co.

Luthra Mumbai capital markets partner Manan Lahoty and Clifford Chance Singapore partner Rahul Guptan acted for the lead managers on the Rule 144A/Regulation S QIP of 7,621,118 equity shares at a price of Rs 644 per equity share.

Khaitan Mumbai executive director Sudheer Bassi and partner Nikhilesh Panchal acted for the power utility.