Trilegal
We caught up with Trilegal co-founder Anand Prasad, who will leave the firm to become an arguing counsel and potentially a politician, Legally India reported earlier this morning. Here’s more about his plans.
Trilegal Delhi-based co-founding partner Anand Prasad will leave the firm’s partnership to become an independent counsel and get into politics, three reliable, independent sources with knowledge of the development have confirmed.
Tatva Legal advised the Bangalore Elevated Tollway and NCC Infrastructure Holdings on the Rs 750 crore sale of stake in the tollway to India Infrastructure Fund II which was advised by Trilegal.
Tatva Hyderabad partner Ekta Bahl and manager Pratyush Singh acted for the Tollway and NCC
Trilegal Delhi partners Yogesh Singh and Saurabh Bhasin, counsel Ravi Mahto, senior associates Amar Narula and Tanya Mehta and associate Astha Srivastava acted for the fund.
NCC and Soma hold 38 per cent stake each in BETL, while Infrastructure Leasing and Financial Services holds 24 per cent, according to Mint.
HSA Advocates partners Navin Syiem and Avirup Nag have resigned from the firm alongside associate partner Abhishek Bhalla.
A string of Cyril Amarchand Mangaldas’ (CAM) senior and principal associates have left in recent months, following the hiring spree by the firm following its split with Shardul Amarchand Mangaldas.
AZB & Partners and Clifford Chance Hong Kong advised global investment banking major Goldman Sachs on its $66m (Rs 441 Crore) acquisition of minority stake in Indian hotel investor Samhi Hotels which was advised by Economic Laws Practice (ELP) and Jones Day. Khaitan & Co and Trilegal advised existing investors GTI Capital and IFC
AZB Mumbai partner Nilanjana Singh and senior associate Rinki Ganguly and associate Vijay Manjrekar, and Clifford Chance Hong Kong partner Neeraj Budhwani, senior associates John Koshy and Cheris Wong advised Goldman Sachs.
ELP Mumbai partners Sujjain Talwar and Darshan Upadhyay, associate partner Aakanksha Joshi and associate managers Amruta Kelkar and Kanisha Vora, and Jones Day Singapore partners Dennis Barskyand Karthik Kumar and associate Caitlyn McCarthy advised Samhi.
Khaitan Delhi partners Bharat Anand and Joyjyoti Mishra, principal associate Arjun Rajagopal and associate Nidhi Kilawala advised GTI Capital.
Trilegal Delhi partner Ravindra Bandhakavi, counsel Vaibhav Kothari and senior associate Parnika Malhotra acted for IFC
Symbiosis Law School alumnus Aninda Pal joined Juris Corp as a partner in its mergers & acquisitions (M&A) and private equity (PE) practice from November 2015, according to a press release from the firm last week. Pal has worked in Trilegal as a counsel in its corporate legal team for more than eight years before this.
Trilegal advised Japan based company Mitsui in investing Rs 343 crores ($51.6 m) in online shopping portal Naaptol which was advised by Dua Associates.
Nishith Desai Associates advised other existing shareholders of Naaptol, NEA FVCI, NEA FDI , CMDB II, ICP Holdings I and SVB India Capital 2006. With this deal the stake of Mitsui in Naaptol increased from 5 per cent to 20 per cent.
Trilegal partner Kunal Chandra, senior associate Kabeer Mathur and associates Aditi Jain and Rahil Pereira acted for Mitsui.
Dua Mumbai partner Anish Ghoshal, senior associate Natasha Buhariwalla and Rajat Agarwal acted for Naaptol.
Nishith senior associate Parag Srivastava and associate Aishwarya H acted for the existing shareholders of Naaptol.
Naaptol valued at Rs 2000 crores ($302 m) post investment, claims to reach about 160 million TV households in India on a daily basis, while processing about 20,000 orders a day and offers it’s goods and services across multiple channels, including, print, television, web, mobile and direct marketing reported The Economic Times.
Every year, law firms send out creative electronic (and paper) cards celebrating the festival of lights. This year, we’ve collected a few of the larger firms’ greetings that have found their way into our inbox.
The Supreme Court on Thursday sought response from the central and Delhi governments on a plea filed by three lawyers seeking ban on the sale and bursting of firecrackers during the festival of Dussehra and Diwali because it further aggravates the already dangerous level of air pollution.
Trilegal has promoted five to the first rung of its all-equity lockstep partnership.
Economic Laws Practice (ELP) associate partner Faraz Sagar has joined Trilegal as a partner in Mumbai.
In Arjun Gopal vs UOI filed in the Supreme Court, the three infants, all residents of Delhi, have sought the immediate intervention of Supreme Court against the inevitable and upcoming widespread use of firecrackers and fireworks and other products of the same classification, especially during the festivals of Dussehra and Diwali. The Supreme Court, their petition says, is bound under Article 32 to take interim steps in effectuating the people’s right to clean, healthy and breathable air under Article 21.
Shardul Amarchand Mangaldas has acted for the owners and existing investors of Paytm, including One97 Communications, which saw a $575m investment from Chinese e-commerce and internet behemoth Alibaba and its affiliate Ant Financial, which drafted in Trilegal in Mumbai.
Legal diversity NGO Increasing Diversity by Increasing Access' (IDIA) Mumbai chapter organised the second season of the IDIA Football League (IFL) on 5 and 6 September at Kamla Mills Ground in Lower Parel, Mumbai. Star TV's legal team bested Trilegal to win the tournament.
Senior Mumbai Trilegal partner Amit Tambe will leave the firm.
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.