“In the ongoing dispute over the dilution of equity shares of law service firm L&L (formerly known as Luthra and Luthra offices), Senior Partner Mohit Saraf pleads to return the last uncontested status quo.
The case is being heard before the single judge bench of Justice V Kameswar Rao of the Delhi High Court after the attempt at mediation between the Senior Partner and the Founding Partner, Rajiv Luthra had failed to resolve the dispute.
Advocate Parag Tripathi appearing for the petitioner emphasized that the partners were equal and there was no master-servant relationship between them. Saraf now seeks relief of being restored as a partner back in the firm otherwise “the firm would collapse.”His contribution to the firm’s success was also cited. He contended that the Luthras had breached the partnership deed, neither had the power to expel him nor did they serve him two mandatory 90-day notices before termination.