Former Economic Laws Practice (ELP) partner Deep Roy, whom we had reported to have resigned in March, has started up a boutique firm under the name Equilex, in the finance and sexy flavour-of-the-month insolvency space.

Economic Laws Practice (ELP) Mumbai-based banking and finance partner Deep Roy has left the firm last week.

Economic Laws Practice made five new partners in Mumbai and one associate partner in Bangalore, in its annual round of promotions.