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Mohit Saraf

19 July 2021

L&L Partners co-founder and former senior partner Mohit Saraf, who had won a Rs 77 crore-value settlement in a protracted arbitration and Delhi high court dispute and separation with fellow co-founder Rajiv Luthra, will announce the setting up of his own rival firm today, we understand according to multiple market sources.

23 December 2020

On 9 December 2020, the Delhi high court reserved its judgment in the saga of the acrimonious split between the co-founders of L&L Partners, Rajiv Luthra (often referred to as RKL) and Mohit Saraf (referred to as MS in court filings).

05 November 2020

The turnover at L&L Partners’ corporate partnership (excluding the separate litigation and other partnerships) had increased by 12% between the 2018-19 and the 2019-20 financial years, revealed court filings by senior partner Mohit Saraf in the Delhi high court dispute with managing partner Rajiv Luthra.

15 October 2020

19:27: Apologies for the slight delay in updates. The order is out and has told the parties to mediate with Sriram Panchu tomorrow (Saturday 17 October) or by Sunday (18 October) at the latest, but without granting any stay orders to Saraf (which puts him in the position where he is locked out of his firm email and Luthra has notified all clients that they can’t work with him, even on ongoing matters).

06 October 2020

L&L Partners senior partner Mohit Saraf has accused managing partner Rajiv Luthra of “misconduct and subterfuge”, “malafide actions” and breaching “fiduciary duties”, in his response to a public 24 hour deadline sent by Luthra in an email on Sunday evening.

05 October 2020

The managing partner and 66.6% majority equity holder at L&L Partners, Rajiv Luthra, has made an offer to the firm that he would be willing to dilute his equity unilaterally and without the agreement or dilution of 33.4% co-partner Mohit Saraf under a 1999 deed, if the latter does not respond by 6pm today.

17 September 2020

A fundamental rift has opened up at L&L Partners over how its long-held promoter equity should be opened up and distributed to other partners in the firm.

08 November 2017

Luthra & Luthra senior partner Mohit Saraf, who was one of the Indian law firm promoters requesting the commerce ministry in liberalisation negotiations to prevent foreign firms from hiring Indian lawyers, said in an interview with Asia Legal Business that if foreign firms open in India, they would only be with a “very small office”.

22 September 2017

At a smaller meeting called by the commerce ministry on 1 September with legal industry stakeholders, including Society of Indian Law Firms (Silf), the Indian National Bar Association (INBA) and Bar Association of India (BAOI), the three Silf members present reiterated their position that foreign law firms, if they were to enter India, shouldn't be allowed to hire Indian lawyers.

25 August 2017

The commerce and law ministries are unequivocally in favour of opening up the legal sector to foreign lawyers as soon as possible, reveal the full minutes of the July meeting between ministries and lawyers, though the details of how this will be done remain uncertain.

13 January 2014

Mohit SarafAfter it announced a strategy revamp six months ago, Luthra & Luthra transactional billings in the corporate transactional division have shot up by 36 per cent.

04 August 2013

SarafLuthra & Luthra has promoted two M&A and private equity lawyers – Damini Bhalla and Amit Shetye – to its partnership, as the firm has widened its executive committee and management outlined a strategic vision to ditch lower margin work and eschew big headcounts.

30 September 2009

Luthra--Luthra---Mohit-Saraf_thLuthra & Luthra has made offers to five further students from National Law School of India University (NLSIU) Bangalore after what is likely to be its last campus recruitment visit for the year.

31 July 2009

bangalore_th2Luthra & Luthra has hired an Amarchand Mangaldas senior associate, as targeting expansion in Bangalore. The firm also paid out bonuses last week and increased base salaries earlier this year but it has delayed its announced lockstep conversion process until the end of the year.

13 June 2009

Luthra-Rajiv-LuthraLuthra & Luthra partners have agreed to completely overhaul their management and partnership structure, which will see up to six current salaried partners enter the newly opened equity on a lockstep system.