Mumbai-based finance boutique Finsec Law Advisors has appointed Anil Choudhary as a senior associate. Choudhary is a New York and India-qualified lawyer specializing in transactional work in the securities market.
The Harvard law graduate worked at Luthra & Luthra, Nishith Desai Associates and Trilegal before joining Finsec.
Choudhary has advised large corporate houses and investment banks on corporate and capital market transactions including IPOs, cross-border listings on stock exchanges and private equity investments.
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Speaking to India Business Law Journal, he said his reasons for moving to Finsec were “to have a focused practice area in securities and financial laws and to have an opportunity to work with Sandeep [Parekh], one of the leading securities lawyer in this country”. He added that the firm was “a great place for legal minds interested in contributing to the financial and securities law policies of the country”.
Parekh, the founder of Finsec Law Advisors, said Choudhary’s appointment would strengthen Finsec’s “presence in financial sector transactional practice”. He also told India Business Law Journal that his firm would be taking on more new professionals in the near future.
Choudhary’s appointment comes hot on the heels of two departures from Finsec.
Indrajit Mishra and Tejesh Chitlangi left Finsec in May to join IC Legal. Mishra, who was a partner and head of private equity at Finsec, and Chitlangi, a former senior associate at the firm, moved to become equity partners at IC Legal.
Mishra takes on the role of head of private equity and M&A while Chitlangi heads up the firm’s investment funds practice. Janhavi Seksaria, who also had a stint at Finsec, has joined IC Legal as an associate.
“IC Legal came up with a brilliant opportunity and our desire was to move from a proprietary model to a partnership which gives greater independence and opportunities to grow,” Chitlangi told India Business Law Journal.
IC Legal was set up in 2004 and specializes in real estate, litigation and media law.
The firm comprises 15 lawyers including five partners. It aims to become a full-service law firm with the new capabilities in private equity, M&A and investment funds as a result of the hires.
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