ELP associate partner Tomu Francis joins Khaitan as partner

Monday, 17 December 2018 By Legally India Law firms

Khaitan ramps up cap markets, corporate with ELP’s Tomu Francis
Khaitan ramps up cap markets, corporate with ELP’s Tomu Francis

Economic Laws Practice (ELP) associate partner Tomu Francis has joined Khaitan & Co as partner in Mumbai.

Francis led ELP’s capital markets practice working on both litigation and corporate mandates, according to his Linkedin profile.

An AIL Mohali 2007 alumnus, Francis joined Rajani Associates in 2009 until 2013 when he joined ELP as senior associate. He was re-designated as of counsel in May 2017 and was promoted to associate partner in May this year.

We have reached out to Khaitan and ELP for comment.

Update 14:19: Khaitan HR director Amar Sinhji commented: “The Firm has had a gap / scope for growth as far as litigation and related advisory matters in the capital markets & securities practice are concerned. Tomu will specifically be responsible for these areas and help build the practice accordingly.”

partner movesEconomic Laws Practice (ELP)Tomu FrancisKhaitan & Copremium contentpartner hires

Comments

Guest 17 Dec 2018, 07:55
+1 -0
What about J. Ranganayakulu, Ex-SEBI Executive Director of Legal Affairs who joined ELP (primarily Tomu's team) earlier this year?
Hj3 17 Dec 2018, 09:14
+5 -1
He is not in ELP and is merely a consultant with them. He is allowed to independently take matters from other firms.
Berniemadoff 17 Dec 2018, 07:59
+11 -5
Brilliant move. With his years of experience appearing for SEBI and BSE, he will be a prized asset for market intermediaries and listed entities facing adjudication/ regulatory action.
Market Intermediary 17 Dec 2018, 11:33
+8 -5
tsk tsk - yeah right, now we, the investment banks can sleep soundly - love the buzz which lawyers create amongst themselves on this site, which is far away from reality.
Ummm 17 Dec 2018, 11:58
+1 -0
Okay Mr. Hard Guy
Complyordie 17 Dec 2018, 14:23
+2 -0
Only way you guys can sleep at night is if you comply instead of flouting norms like nobody's business.
TomThePissedOffRoofer 18 Dec 2018, 09:56
+1 -0
If it weren't for IBs most of us will be jobless (lit and B&F practise areas excluded). Opinion / memos will not bankroll associates / SAs retainer fees, let alone partners'.
Clarification 17 Dec 2018, 08:06
+2 -0
He a securities litigator and we hear that he is joining the securities litigation team at Khaitan and not the capital markets team.
Insider 17 Dec 2018, 09:28
+8 -0
Will ELP now disband its securities practice or keep it long enough for it to turn [...].. or would a young padawan step up much like Tomu did in his early years
Waitup 17 Dec 2018, 10:45
+2 -9
We all seem to be forgetting a more than capable someone who's name starts with a B[...], and ends with a [...]
Huh? 17 Dec 2018, 11:35
+7 -4
Bank Guarantee?
Sec lit 17 Dec 2018, 13:10
+5 -1
If he was, the MP would have given it to him and not to gain whose name starts with J.
Who is this? 23 Jan 2019, 05:24
+0 -0
Interesting, who is this? From what I know, their team was fairly small, after Yogesh Chande moved to SAM. Perhaps the best thing for ELP to let one of the corporate partners take over, or bring in someone like Som or Sandeep
Cap markets 17 Dec 2018, 09:29
+6 -0
Good move.It seems that KCO has the best securities litigation practice among the Big 7.
Guest 17 Dec 2018, 09:32
+10 -6
I came up against Tomu and his team sometime last year in a matter ELP was handling for SEBI. He is a very sharp lawyer and his work was impressive to say the least.

Having represented the market regulator for so long and given his securities law experience, this is a great move by Khaitan. To my knowledge, Khaitan lacked a dedicated securities litigation practice and Tomu will certainly propel them massively in this respect.
Guest 17 Dec 2018, 09:50
+1 -0
kkkkkkkkkk....

What about his team?
? 17 Dec 2018, 10:46
+1 -0
What team
Seclawyer 17 Dec 2018, 10:20
+5 -1
What about Tomu's young SAT team? Will they continue to hold the mantle for SEBI or are they moving too?
Insider 17 Dec 2018, 10:54
+0 -0
One of them has moved with Tomu and the other is staying at ELP.
Litigator 17 Dec 2018, 15:02
+0 -0
Saw Vivek and Arka at SAT today minus Tomu, so don't know
#Mohali Se 17 Dec 2018, 11:38
+3 -1
Congrats Tom Sir !!
Really? 17 Dec 2018, 12:06
+11 -5
Correct me if I'm wrong but doesn't really come across as a step up to me :?
e? 17 Dec 2018, 12:25
+4 -0
Associate Partner at ELP to Partner at Khaitan isn't an upgrade?
Friendly neighbourhood 17 Dec 2018, 13:02
+0 -0
Just clearing things up - the first comment does seems to be say associate partner at ELP to partner at Khaitan isn't an upgrade
Guest123 17 Dec 2018, 12:39
+6 -0
Must be smoking the good stuff
Good friend 17 Dec 2018, 12:20
+12 -4
Go Arka!!!
Revenant 18 Dec 2018, 04:34
+1 -1
Is Arka moving too?
Litigator 17 Dec 2018, 16:22
+0 -0
Congrats, Tomu!
ELP 17 Dec 2018, 17:32
+9 -0
Why is ELP losing senior resources? A little birdie tells me there are more people who are quitting
SAMCo 17 Dec 2018, 19:00
+5 -2
Tomu is a sharp guy. His experience in representing the regulator will hold him in good stead at Kco. Much needed boost to the securities lit team at KCO.
Ketanparekhssilhouet 17 Dec 2018, 19:01
+8 -2
Given that Tomu has done over 200 matters for SEBI on the last couple of years, this is a coup!
Astrologer 17 Dec 2018, 20:08
+2 -0
My prediction is that 3 things will bring the #NationaliseNLUs movement to life in the next few months:

1. Domicile quota gets confirmed at NUJS
2. Domicile quota gets confirmed at NLSIU
3. Jindal gets declared at Institute of Eminence, gets autonomy privileges that NLUs do not.
TomThePissedOffRoofer 18 Dec 2018, 09:58
+6 -0
wtf?
Commenting is closed for this article.