Former Supreme Court judge, Justice Deepak Gupta has been appointed as the sole arbitrator in the dispute between L&L Partners and the heirs of Vijay Sondhi.
The Delhi High Court was informed that mediation between the siblings of L&L Partners Founding Partner Vijay Sondhi and the existing Partners of the firm were underway.
Siblings of late L&L Partners Founding Partner Vijay Sondhi claimed the illegal apportionment of his 18.5% equity stake in the firm by the existing Partners.