Verist Law (formerly Veritas Law) acts on MCX-SX Rs 75 crore rights issue

The Metropolitan Stock Exchange of India Ltd (MSEI), formerly known as MCX Stock Exchange Ltd (MCX-SX), has raised Rs 75 crore (750 mn) by issuing equity shares to its existing shareholders, according to a [http://www.msei.in/SX-Content/Press-Release/2015/July/PR-ENGLISH-08-JUL-2015

Comments

yoyo 13 Aug 2015, 06:22
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Veritas -Verist - Verus ---are they all the same? Which one is bigger?
virage 13 Aug 2015, 06:43
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Veritas is the one started by ex-AZB & now they have Rahul Dwarkadas as Partner???
High Court Lowling 13 Aug 2015, 12:04
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While kudos to Veri...something, the rights issue itself was a failure and significantly undersubscribed.

Also, MSEI is in deep trouble for randomly canceling warrants held by MCX. Justice G.S. Patel has passed scathing orders against MSEI. In fact, the judge has ensured that MSEI deposits Rs.20 crore in court even before the ad-interim stage is complete to show its bona fides. Hope LI follows that case too as it raises pretty interesting legal issues and has been widely reported in the media.(Case Lodging No: NMS/1784/2015)
Ex-DnD 13 Aug 2015, 18:34
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It is nice that Srishti started her own firm after quitting DnD. That place was a disaster for her and her future career. Forget the low pay that every associate or non-family partner is paid, but the growth at DnD is also restricted. Wonderful move from Srishti and great to see that she is doing well. It proves that if you are good, you do not need the name of a big firm behind you to do well (contrary to the view of senior DnD partners who DnD is a great firm and the lawyers are nothing without their name). Where other firms have sky rocketed in terms of salaries, DnD is paying the same since dinosaur age. Around 30 Associates and partners have quit in a year. DnD had poached a replacement for Srishti from AZB who quit within a week!! Imagine how bad can the work atmosphere and a certain partner be that someone who quits AZB to join as a partner at DnD also quits in a week. I hear Verist is also paying Associates well. Wishing Srishti and her firm the best!! I have worked with her at DnD and I know how hard she works!! I am sure she has the capability to take the firm to good heights.
vantage 14 Aug 2015, 09:29
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[quote name="Ex-DnD"]Where other firms have sky rocketed in terms of salaries, DnD is paying the same since dinosaur age. Around 30 Associates and partners have quit in a year. [/quote]
How much are fresh Associates paid at DnD ?? I'm surprised that it has even figured in the Tier II list somewhere! But from what i heard DnD is certainly doing better than Crawford,Mulla & Kanga.
Old hand 13 Aug 2015, 22:14
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Isn't this the firm started by Srishti Ojha? Doing well by all accounts.