Shardul Amarchand Mangaldas
“He would have found it challenging,” says Pallavi Shroff, Delhi managing partner at Shardul Amarchand Mangaldas (SAM), about how Mumbai managing partner Akshay Chudasama, hired from the very different J. Sagar Associates (JSA), would have fit into the legacy firm had he joined before the break-up.
J Sagar Associates (JSA) Mumbai partner Somasekhar Sundaresan, one of the top securities lawyers in India, is set to resign and take up independent counsel practice, Legally India understands authoritatively.
ALMT Legal is the last of the previous generation of law firm tenants to move out Mumbai’s Express Towers, leaving only new tenant Shardul Amarchand Mangaldas behind.
Uber Technologies general counsel (GC) Salle Yoo and Shardul Amarchand Mangaldas regional managing partner Pallavi Shroff reflected on their journey as women in the legal profession, at NLU Delhi on Thursday. NLUD was hosting a Townhall question and answer (Q&A) session titled UberDIALOGUES, on the launch of its annual three-day cultural fest Kairos.
AZB & Partners senior associate Debashree Dutta will join Shardul Amarchand Mangaldas’ (SAM) Mumbai office as a partner, focusing on banking, Legally India has reliably learned.
Economic Laws Practice (ELP) has won the eighth cricket ELP Masters Cup in Mumbai against AZB & Partners in the finals by 12 runs late yesterday.
The new report by legal directory Chambers & Partners, which compiles an annual tiered ranking of law firms and partners in various practice areas, has seen Khaitan & Co take the top spot by number of "ranked" lawyers, reported The Economic Times, while AZB & Partners, Khaitan & Co and both erstwhile Amarchand Mangaldas co-managing partner Shroff brothers have lost dominance.
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Shardul Amarchand Mangaldas moved into its now-renovated 23rd, 24th and 17th floors of its Express Towers offices late last month.
Shardul Amarchand Mangaldas advised Red Fort India Real Estate on its Rs 600 crore ($89m) exit from Exora Business Parks, selling its stake to Valdel Extent Outsourcing Solutions which was advised by Cyril Amarchand Mangaldas. CAM also advised Exora and the promoter Prestige Estate Projects
SAM Delhi partners Jatin Aneja and VR Neelakantan, principal associate Siddhartha Sen and senior associate Varun Nair acted for Red Fort India is a fund managed by Red Fort Capital.
CAM Bangalore partner Nagavalli Gopalakrishna acted for Valdel, Exora and Prestige.
Prestige Estates, through its subsidiary Valdel, bought 62.54 per cent of Red Fort’s stake in the special purpose vehicle (SPV) Exora that owns the villa project Silver Oak, reported the Times of India adding that Rs 250 crore worth residential stock was also part of the buyout.
Shardul Amarchand Mangaldas (SAM) climbed up five ranks since Mergermarket’s preview of 2015’s annual rankings, to overtake Cyril Amarchand Mangaldas (CAM). CAM, according to the preview, was the third largest M&A dealmaker after AZB & Partners and Khaitan & Co.
Shardul Amarchand Mangaldas advised Texmaco Rail & Engineering on purchasing 55 per cent stake in Bright Power Projects (India) from Bright Power’s promoters who were advised by Kanga & Co. __SAM Delhi M&A partner Kalpataru Tripathy, senior associates Navin Kumar and Aditya Mehra and associate Roma A Das acted for Texmaco.
Kanga Mumbai senior partner Preeti Mehta acted for Bright’s promoters.
Bright Power is now a subsidiary of Texmaco, specialising in over-head electrification solutions for the railways with over 400 executed electrification projects in India, according to SAM’s press release.
The original board approval to Texmaco was for acquisition of 76 per cent stake in Bright Power for Rs 100 crore, according to VCCircle.