Delhi-based law firm Suman Khaitan & Co has taken on two equity partners and changed its name to Khaitan & Partners. The reorganization took effect on 1 April and the new partners are Shally B Maheshwari and PS Sudheer.
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Before the change Suman Khaitan was the sole equity partner in the firm, which he founded in 2004 following his departure from Khaitan & Co. Khaitan told India Business Law Journal that the new-look firm has 12 lawyers and plans to open offices in Mumbai, Kolkata and Chennai. Its clients include Jet Airways, Reliance Industries and Cairn Energy.
Meanwhile, Mumbai-based Kesar Dass Alliance has changed its name to Alliance Corporate Lawyers with effect from 21 March. The firm was founded by RS Loona, a former executive director of the Securities & Exchange Board of India (SEBI). Loona is still affiliated with SEBI and is a member of its takeover panel.
His firm has nine lawyers and specializes in banking, finance, capital markets and real estate work. It maintains an affiliation with Delhi-based firm Kesar Dass B & Associates.
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