While the firm Amarchand Mangaldas has not yet been dissolved, the new partnerships under each Shroff brother is close to being finalized. .As reported yesterday, both Cyril and Shardul Shroff have started detailing the composition of their respective firms..As per sources, the composition of Cyril Shroff’s Amarchand Mangaldas has been finalized. The younger Shroff is close to finalising the new partnership, with five new Equity Partners in the entity..Although this has not been confirmed by Cyril, these new equity partners are likely to be (i) Amey Pathak, (ii) Arjun Lall, (iii) Nivedita Rao (iv) Santosh Janakiram, and (v) Sharad Mathkar..Update: Shaneen Parikh and VP Singh too have been made Equity Partners, as first reported by Legally India..Nivedita, a graduate of NLS, Bangalore is based in Bangalore is M&A Partner in Bangalore. Both Santosh and Arjun too are 2001 graduates of NLSIU; Santosh works in Project Finance out of Mumbai while Arjun Lall focuses on Capital Markets out of Bangalore. Amey Pathak focuses on Infrastructure and Project Finance. Sharad Matkar, who has been with the firm for 33 years, handles litigation..These partners would add to the league of the existing equity partners in the existing firm i.e. Cyril Shroff, Vandana Shroff, S Bhojani, L. Vishwanathan, Leena Chacko, Ashwath Rau, Reeba Chacko, Tushar Mavani and Yash Ashar..The firm is likely to promote the following principal associates to salaried partnership:.South India region: Akshay Bhat, Arun Prabhu, Nagavalli Gopalakrishna & Harita Rao .In Mumbai: Ravi Kumar, Ganesh Rao, Smruti Shah, Radhika Gaggar, Rishabh Shroff, Dhananjay Kumar, Ankush Mehta and Subhalakshmi..It is understood that existing Amarchand Mangaldas will be dissolved on March 31, 2015 with the two brothers forming their new own separate law firms.