India's biggest law firm, Amarchand Mangaldas & Suresh Shroff and Company, has been amicably split between warring brothers Cyril Shroff and Shardul Shroff, by a panel of arbiters appointed by the court in November 2014, it was officially announced here on Thursday.
"The two branches of the family have agreed to split and bifurcate into separate entities independently carrying on the profession of law," a statement issued by the panel comprising Justice (retired) BN Srikrishna, noted corporate lawyer Harish Salve and investment banker Nimesh Kampani, said.
Shardul Shroff, who used to manage the Delhi affairs of the family-run law firm, had moved the High Court against his younger brother Cyril Shroff, who is based in the nation's financial capital, over implementation of their mother, the late Bharati Shroff's will.