In a significant lateral move, Abir Lal Dey and Satyadarshi Kunal, both Partners in the Banking & Finance and Projects practice at Saraf & Partners, have resigned to join CMS INDUSLAW.

The duo is taking a team with them, including Senior Associate Arnav Sinha and couple of associates.

Saraf & Partners' founder Mohit Saraf confirmed the departures, saying,

"We wish them all the very best."

Dey, an alumnus of Symbiosis Law School, Pune, brings nearly two decades of experience to his new role.

His practice spans banking, project finance, structured finance, insolvency and debt restructuring, with deep sectoral expertise across solar, wind, thermal, oil & gas, roads, ports, real estate, aviation and more. He is also an active adviser to startups and fintech companies.

Prior to Saraf & Partners, Dey worked at Cyril Amarchand Mangaldas, Luthra & Luthra, Link Legal and the Securities and Exchange Board of India (SEBI).

Kunal, a 2011 graduate of Hidayatullah National Law University, Raipur, has over 15 years of experience in banking & finance, fintech, project finance and debt restructuring. He has advised on a broad range of domestic transactions across shipping, technology, manufacturing, power, renewable energy, roads and ports.

He has previously worked with Cyril Amarchand Mangaldas, Luthra & Luthra, IL&FS Financial Services and ICICI Bank.

Speaking on these hires, CMS IndusLaw Co-founder Gaurav Dani said,

"We welcome the addition of Abir and Kunal to the Banking & Finance Practice of CMS IndusLaw. They are a great fit and bring with them a 360-degree banking & finance experience. We look forward to working with the team."

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.