Thread by @barandbench

Delhi High Court begins hearing in Rajiv Luthra appeal against Single Judge order directing that Mohit Saraf be reinstated to L&L partnership

#DelhiHighCourt #SarafvLuthra

Senior Advocate Abhishek Manu Singhvi making submissions for Luthra @DrAMSinghvi

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Singhvi reading from a letter sent by Saraf to Luthra on a communication sent by a recently deceased client of the firm

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Saraf is exploiting and cheapening a grievous death: Singhvi

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Shouldn't he have the decency not to shoot off letters at such a time, when the Court has reserved the order in the matter? Singhvi

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This shows that there has to be separation of the two. My earlier words are a self-fulfilling prophecy: Singhvi

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Saraf described Luthra to clients as being a "wheeler-dealer" and a "chor", while Your Lordships were hearing the matter: Singhvi

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This is a pattern. This is not sporadic: Singhvi

This is not the first time a law firm is breaking up. The rest of the fraternity has benefitted from such break ups: Justice RS Endlaw

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This is trailer for worse things to come. "Picture abhi baaki hain," Singhvi concludes

Advocate Raghvendra Singh for Saraf questions maintainability of latest application filed on behalf of Luthra. Same arguments have been made ad nauseam, Singh says.

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Singh takes objection to Luthra's actions during the prayer meeting held for demise of L&L Partner Sundeep Dudeja.

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This pot of litigation will continue to boil. After passing away of Mr Dudeja, we wonder whether it will be a Pyrrhic victory, given the cost of the victory: Singh

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Singh suggests that Saraf be paid a sum and be given liberty to start his own firm. Lawyers are free to join whichever Partner they want. Have sought monetary damages from Luthra.

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I have a number in mind, and if it can be recorded, an order can be passed today itself on consent terms: Singh

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In principle, what Singh is saying sounds okay. The only issue will be on the figure. I endorse what I think is the spirit behind Singh's suggestion: Singhvi

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Very difficult to make head or tail of both sides' pleadings: Justice Endlaw says on lighter note.

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Singh: I am asking that my status as a Partner not be disputed. I am asking 28.54 crore, which is my entitlement to profits. I am asking for 50 crore as interim payment, and 250 crore as final amount.

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Singh: Firm has around 70 crore sitting in the bank account accrued over the last fiscal year. I have not received anything from this.

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Don't think lawyers have disclosed figures like this before. Bar & Bench and LiveLaw will have a field day today! Singhvi

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We will work it out in one day, Singhvi says. Senior Advocate Sidharth Luthra also agrees.

We will keep it for tomorrow: Court

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Sidharth Luthra asks whether interim payment of Rs 50 crore is based on turnover of firm. It is an ad hoc interim figure: Singh clarifies

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Mohit Saraf asks for Rs 50 crore as interim pay out to leave L&L Partners; parties to discuss final terms

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