5th, 6th Link Legal partners go this Q: Durgesh Singh joins DMI, Ashutosh Narang exits for Cap In Fin

Durgesh Singh joins DMI
Durgesh Singh joins DMI

Delhi Link Legal India Law Services partner Durgesh Singh has joined DMI Finance as its group chief legal officer.

DMI was founded in 2008, and is a non-banking financial company (NBFC) that does corporate lending, housing finance, consumer finance and asset management, having last year been in the process of raising a Rs 1,000 crore fund in the distressed assets space, according to Mint.

2005 Delhi University graduate Singh, had been an associate partner at Link Legal since 2015 and was promoted to partner in 2017.

He had begun his career at Delhi’s Titus & Co in 2005, moved to Amarchand Mangaldas Mumbai from 2008 to 2010, and then spent five years at Dua Associates before joining Link Legal.

We have reached out to him and Link Legal for comment.

Former Link Legal associate partner Ashutosh Narang has also joined investment and financing NBFC Capital India Finance as head legal, according to LinkedIn and Bar & Bench.

A Symbiosis Pune 2006 graduate, Narang had joined LInk Legal in 2016 after his NUS Singapore LLM and stints at Wadia Ghandy and AZB & Partners.

Narang focuses on advising banks, financial institutions and corporate on structured finance, debt capital markets, debt restructuring, banking, private equity and general corporate advisory including a large variety of debt transactions such as debt capital market issue, syndicated or consortium loans, external commercial borrowings and other offshore borrowings, restructuring of debt including CDRs and SDRs, strategic and private equity investments, according to his LinkedIn profile.

The two are at least the fifth and sixth partners to have left Link Legal in the last three months alone, following associate partner Alok Sonker joining Luthra, Gurgaon partner Raunak and Mumbai partner Nikhil Rodrigues, and Saloni Gupta in Delhi, who joined Apple.

In March, Link Legal associate partner Rajdeep Choudhary had joined HSA Advocates as a partner.

However, in July the firm had re-hired Apurbalal Malli as associate partner in Hyderabad, and in February the firm had promoted Siddharth Srivastava to equity partnership.

Comments

Name and alias 2 Aug 2018, 14:07
+6 -2
This is such a weird headline. What does 'go this Q"? Mean? Maybe I'm ignorant but it's a really unusual phrase
kianganz 2 Aug 2018, 14:23
+4 -4
Yes, it is a bit, sorry. Q = quarter :)
Bar and Bench 3 Aug 2018, 04:46
+6 -1
Why don’t you replace the Q with Quarter, Kian. Looks quite infantile, to be honest.
TwitterNinja 5 Aug 2018, 17:58
+1 -0
Hasit Seth, partner, from Mumbai office left Link Legal in January 2018 too.
TwitterNinja 5 Aug 2018, 18:03
+3 -3
I think both Anand and Atul are brilliant leaders. I think they are going through usual growth pangs. There are cultural issues in integrating merged firms. They need to set the expectations right during merging. If revenue is the most critical thing, then be clear about it. Cannot leave merger strategy's design or execution to CEO or staff.
Afterthought 3 Aug 2018, 03:03
+3 -0
It's no more funny, the exodus from Link Legal. At least 15 have left in 2017 and 2018. Such new have become routine and boring now.
Afterthought 3 Aug 2018, 04:16
+3 -1
*News
Afterthought 3 Aug 2018, 04:44
+10 -0
wondering what makes them take such decisions. obviously greener pastures or in-ouse attractions are there, but sure there is much more into this outward in-flow from top management of the firm. what is CEO upto, may be need to mend his wayss in dealing I guess.
Sacred Games 3 Aug 2018, 14:54
+18 -0
CEO: LOOK, A BIRD!!!
Guest 3 Aug 2018, 12:16
+6 -1
Durgesh is gem of a person and an amazing lawyer. All the best D!!!
Sacred Games 3 Aug 2018, 14:12
+23 -0
CEO: But .. but.... It is normal, na? Look how much I am doing, na? Not a HR problem, na? (Please help!)
IMDBoss 5 Aug 2018, 09:47
+4 -0
Kian .. Hasit Seth, I.P. Mumbai Partner also left in February. So total 8 Partners left in 6 months
TwitterNinja 5 Aug 2018, 18:04
+2 -5
Where is he now? Seems like an unknown name. Was he any good?
Guest 6 Aug 2018, 05:52
+3 -0
Am pretty sure Ashutosh Narang graduated from Symbi in 2004 not 2006 as reported..
2006 7 Aug 2018, 05:18
+2 -0
Ya, I am pretty sure that Ashutosh is not from the 2006 batch
Explorer3 6 Aug 2018, 10:05
+2 -0
what could be the range of package at DMI Fin?
in house 7 Aug 2018, 08:19
+3 -0
less than one cr
Explorer3 7 Aug 2018, 11:34
+3 -0
..ohh....thats why they couldnt afford me! ;-D
Nero 7 Aug 2018, 18:41
+4 -2
Only the CEO gets paid 1 crore based on wonderful progress he is contributing to them firm
Insider 9 Aug 2018, 11:30
+2 -1
Many more to leave soon!! This merger will not survive!
Hello 9 Aug 2018, 12:53
+1 -0
Overdue hai
BA LLB 12 Aug 2018, 16:36
+3 -1
Looks like merger wasn’t very helpful to LL. Most of the talents who came in have either left or waiting for the right opportunity. Survival at LL is becoming a question mark for sure.