CAM competition partner Bharat Budholia resigns for pastures new

Competition partner Bharat Budholia to enter the market
Competition partner Bharat Budholia to enter the market

Cyril Amarchand Mangaldas (CAM) Mumbai-cum-Delhi-based competition partner Bharat Budholia has resigned several weeks ago, we have learned from authoritative sources.

We have not been able to confirm whether he has accepted an offer from another law firm, or how long CAM will keep him to his contractual notice period.

But with experienced and available competition partners remaining as rare as gold dust in the Indian legal market, it’s likely that he’ll find a new home before long.

Budholia is a 2009 HNLU Raipur graduate, who had joined what-was-then Amarchand Mangaldas in 2011 from Juris Corp.

He had been promoted to partner in 2016, shortly after the impending departure of then-competition head Nisha Kaur Uberoi to AZB & Partners.

In 2018, CAM had buttressed its competition practice with Khaitan & Co partner Avaantika Kakkar and her team.

CAM also has competition partner Anshuman Sakle; TMT and competition partner Rahul Goel had joined IndusLaw in March.

We have reached out to Budholia for comment.

Cyril Amarchand Mangaldas managing partner Cyril Shroff commented: “We wish him all the best.”

Comments

Insider 20 Aug 2019, 12:11
+6 -0
All the best Bharat!
Berlin 20 Aug 2019, 12:36
+6 -7
He is an excellent competition lawyer.

Wish you the best Bharat!
Jao Bhai 20 Aug 2019, 12:39
+10 -2
Delhi raas nahi aayi lagta hai bhai ko !!!
Aishu 20 Aug 2019, 12:45
+4 -3
[...] since Uberoi left. [...] Cyril brought in Anshuman and then Avantika. The old Khaitan team must be celebrating this. Now Kian don’t edit facts!
Ex-CAM 20 Aug 2019, 13:39
+5 -7
He is a great guy and a brilliant lawyer. Loss for CAM!
Baap re 20 Aug 2019, 16:25
+52 -3
After becoming a regular visitor to this site, I've realized that India has so many "great" and "brilliant" lawyers. In fact you just need to join a firm or leave a firm and, rest assured, greatness will be thrust upon you.
Baba kala 21 Aug 2019, 19:31
+1 -0
All are rockstars. Without tier 1 firms, the world gdp would collapse. All these partners make more than people paying more taxes than what they make.
I google everything 27 Aug 2019, 12:43
+2 -0
KCO
SAM
AZB
CAM
ELP
Chandhiok
Trilegal
Luthra

https://chambers.com/guide/asia-pacific?publicationTypeId=8&practiceAreaId=26&subsectionTypeId=1&locationId=110
Competition lawyer 10 Sept 2019, 21:23
+0 -0
Add TTA and P&A to the list. Both are having a tough time now but still deliver good work.
Rookie 20 Aug 2019, 13:48
+3 -1
Can anyone please tell me the names of some good Delhi-based competition firms?
Ok friend 20 Aug 2019, 14:07
+4 -12
Platinum Partners has a great team these days. ELP also remains an obvious choice.
Only 20 Aug 2019, 14:08
+9 -26
Only two firms where you will be given solid advice:
Shardul Amarchand - Shroff Chopra Sandhu
AZB - Gandhi
Rest are opportunists
Scooter- 20 Aug 2019, 15:51
+10 -0
What has opportunism got to do with solid advice?
Appartunist 21 Aug 2019, 07:00
+3 -1
The comment is itself opportunistic qua the two firms mentioned therein.
Associate 22 Aug 2019, 06:48
+3 -15
P&A Law offices has an excellent competition law practice.
Hahaha 23 Aug 2019, 06:32
+4 -0
Thank you for this. I haven’t had this good a laugh in a while...
ZiaRau 20 Aug 2019, 13:59
+3 -3
Zia?
Next stop 20 Aug 2019, 14:54
+1 -0
Any word on the street on the said new pastures?
MiaZody 20 Aug 2019, 15:27
+3 -3
Rumour has it he's headed to AZB Mumbai - three partners in Delhi, and with Rahul Rai's departure, AZB is sure in desperate need of partner presence to handle Mumbai's M&A heavy work.
Tip toe 20 Aug 2019, 16:06
+0 -2
Back to Mumbai ? Delhi definitely didn't suit
Delhi Belly 21 Aug 2019, 07:01
+14 -1
Yeah.. Mumbai folks cant cut it in Delhi.... and vice versa. Both cities have different work cultures. People in Mumbai are more work centric while people in Delhi are more relationship centric. Let the Delhi-Mumbai war begin.
Alias 20 Aug 2019, 15:58
+0 -0
Any idea whether he is leaving alone or together with a bunch of associates? What is his book size??
Book size 20 Aug 2019, 16:53
+0 -2
4 to 5 cr for sure.
Aishu 20 Aug 2019, 17:16
+3 -3
80 lakhs
Lolwa 20 Aug 2019, 17:35
+3 -0
That's a starting cam partner target. Not book size.
Alias 21 Aug 2019, 10:05
+0 -0
You mean Package and not target. Target must be at least 2x of the package.
Chunni 22 Aug 2019, 06:30
+0 -0
Think 6x
Hector 21 Aug 2019, 13:02
+1 -2
1.10 cr
Whistle podu 20 Aug 2019, 16:33
+5 -2
All roads lead to Okhla! Wink wink
No re 20 Aug 2019, 16:49
+4 -3
Khaitan it is!
Louis Pasteur 21 Aug 2019, 06:25
+7 -0
"resigns for pastures new" sounds so poetic
DietCola 21 Aug 2019, 06:43
+12 -4
Best of luck for the future Bharat. Having worked with him, can confirm that he is an incredibly smart lawyer. May need some time to be a top competition partner in the country, but its a win for any firm who hires him.
Diamond 21 Aug 2019, 07:28
+4 -1
As rare as gold dust? That's not very rare in India.
Veeeceeyess 21 Aug 2019, 08:06
+8 -2
2 partner exits in 1 year even we can’t outdo that
AK Bang Bang 21 Aug 2019, 16:09
+6 -1
Stamp of the new leader.
Aar 21 Aug 2019, 08:18
+9 -1
Saw this coming.
Why so quiet? 10 Sept 2019, 21:24
+0 -0
Where is he going though?