SAM Bombay partner Kaushik Mukherjee moves to Indiabulls Housing Finance

Scoop: He joins the mortgage giant as its legal head

Kaushik Mukherjee moves in-house after nearly three years at SAM
Kaushik Mukherjee moves in-house after nearly three years at SAM

Shardul Amarchand Mangaldas (SAM) Mumbai capital markets partner Kaushik Mukherjee has joined Indiabulls Housing Finance Limited as president legal.

Indiabulls Housing Finance, a subsidiary of the Indiabulls Group, is India’s second largest mortgage lender, with a balance sheet of Rs 1.39 trillion in 2018.

It had last year tried to merge with Lakshmi Vilas Bank Limited. [Correction: The merger did not take place, as pointed out in the comments.]

Mukherjee had joined in 2017, as part of SAM’s raid of BMR Legal’s partners led by Delhi partner Amit Khansaheb, also including two partners in Bangalore (Roshan Thomas and Siddharth Nair).

The 2003 law graduate had joined BMR from J Sagar Associates (JSA) in 2015.

We have reached out to him and Shardul Amarchand Mangaldas for comment.

Kaushik MukherjeeWork history From: Jun 2017: Partner, Shardul Amarchand Mangaldas & Co (Mumbai) Dec 2015 - May 2017: Partner, BMR Legal (Mumbai Area) Dec 2012 - Nov 2015: Partner, JSA Advocates & Solicitors (Mumbai Area) Sep 2009 - Dec 2012: Sr. Associate, AZB & Partners Dec 2006 - Aug 2009: Sr. Associate, White & Case, London (London)Education - 2003: , , Law

Comments

Guest 9 Feb 2020, 09:19
+3 -0
https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-turns-down-indiabulls-housings-merger-with-lakshmi-vilas-bank/articleshow/71513691.cms

Merits a correction in the article.
Bike 9 Feb 2020, 12:46
+33 -0
Another victim of 3x
Yo 9 Feb 2020, 13:13
+1 -2
What about Nupur?
Lexpert 9 Feb 2020, 14:24
+2 -2
Which law school? Where was he from 2003 to 2006?
Friend 1 9 Feb 2020, 14:26
+0 -0
Kian Amit Khansaheb joined along with 5 partners, 2 in Bangalore, Kaushik in Mumbai and 2 in Gurgaon.
Lexpert 9 Feb 2020, 14:28
+1 -0
Indiabulls is going through some tough times - https://www.business-standard.com/article/news-ani/delhi-hc-issues-notice-to-indiabulls-housing-finance-over-alleged-illegalities-and-violations-119092701445_1.html

Best wishes to Kaushik!!
SAM Insider 10 Feb 2020, 06:30
+22 -2
It wasn't a good ride for him at SAM. While [...] and [...] got served, KM had to go out and kill to feed his team and himself. [...] deserted him with [...] and [...] whereabouts are unknown. All in all, SAM Cap Marks is way behind quality of the other big4, irrespective of deals.
Capital Market 10 Feb 2020, 07:02
+6 -3
[...] and [...] have blessings of Ganpati Bappa. However in quality wise he is far far far. But quality kaun puchata hai Capital Market me...Pantomath Documents are also getting clear now.
CM 10 Feb 2020, 07:36
+1 -0
Who are the Big4?
Guest 10 Feb 2020, 08:03
+5 -0
Seems like PG didn't support him like he pushed for [...] and [...].
mrs. precedent 10 Feb 2020, 09:50
+1 -0
[...]
[...] indiabulls which is a co with many legal issues and many troubles
Joker 10 Feb 2020, 16:59
+1 -0
[img]https://media2.giphy.com/media/cEYFeE1QgHWH2YADVHG/200.gif[/img]
wood 11 Feb 2020, 03:38
+3 -0
nice selfie.
wood 11 Feb 2020, 03:44
+4 -3
how are these comments with specific initials of how he was marginalized in sam allowed? and i wrote one without such names and allegations that is not? anyway. i suggest comments of people's exit tied to unfortunate experiences at firms that too with initials of people should be banned. no other site publishes them. don't be those guys and undermine otherwise how great and influential you are as a media.
Woodpecker 11 Feb 2020, 05:19
+3 -1
Why are you burnt. Are you one of the people with those initials? People know what happened and they are commenting. No names taken. Intelligent people will get it. No one is abusing anyone.
Guest 11 Feb 2020, 06:05
+6 -1
I'm neither 10 nor an insider. I still do not think that people should be allowed to name others in a disparaging manner while staying anonymous themselves. There is no accountability involved in that process and one may as well completely make things up and cast unfounded aspersions on others out of personal grudge etc. I'm not saying that's what must be happening here, but there does exist a huge potential for abuse that way.
wood 11 Feb 2020, 06:07
+1 -0
this is not a game of who is intelligent or not at the cost of taking of firm fall stories of real people.
lets have articles on your parents or kids with thinly disguised people and situations of soft firing by anons out googlable for all to see- and then tell me how that is seen as defamatory or not.
the time will come.
first you have to be important enough to be written about and not just writing here.
Guest 15 Feb 2020, 16:24
+0 -0
The desk is empty! Good selfie though!
GC and ex Partner 20 Feb 2020, 09:13
+2 -0
@ Kaushik @ All what is the cultural/suitability fit for a large law firm corporate partner in an organisation such as India Bulls at top position? the nature of business is such that his core expertise will hardly ever be used and the man management and other things will be radically different to what tier 1, large law firms partners are used to. This is housing finance mind you, where a typical VP Legal with 12-15 years experience makes about 15-18 lacs per year, the loan ticket size is invariably between 10-80 lacs and the on ground people have very different levels of sophistication/professionalism that a corporate partner of large law firm is used to.
I am speaking from experience, been in similar shows to those of kaushik, happy to hear everyone's thoughts here.
reporting line? 27 Feb 2020, 10:58
+0 -0
it is vineet jaiswal who is head legal- see linkedin and public filings