Somasekhar Sundaresan

As expected, after we had broken exclusively last week that Cyril Amarchand Mangaldas (CAM) had been visited by the Central Bureau of Investigation (CBI) about Nirav Modi, the mainstream media, keen on anything NiMo-related at the moment, didn’t take long to jump on the story.

Zerick Dastur Advocates & Solicitors has filed an appeal before the Securities Appellate Tribunal (SAT) on behalf of PricewaterhouseCoopers (PwC) challenging the jurisdiction of the Securities and Exchange Board of India (SEBI) order of last week banning the Big 4 consultancy from auditing work in India.

Trilegal has represented Ola Cabs owners ANI Technologies before the Competition Commission of India (CCI) against a complaint alleging abuse of a dominant position in Bangalore made by Meru cabs and Fast Track Call Cabs.

Tata Sons’ former chairman Cyrus Mistry, who was unexpectedly fired from the organisation on Monday, has reportedly decided to approach the Bombay high court challenging his dismissal, although we understand that no case has been filed yet.

JSA’s Berjis Desai answers the tough questions about Som Sundaresan’s departure.

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.

J Sagar Associates (JSA) has finished its executive committee election, inducting three new members into the now-seven-strong committee, according to the firm’s press release.

As managing partner Berjis Desai’s exit nears and after the departure of senior Mumbai rainmaker Akshay Chudasama, concerns mount over the firm holding on to its democratic structure and how it can remain competitive for the next 25 years.

And if you’ve read the article in Mint already, click through for additional interesting transcripts from the interview.