Practice area
Insolvency & Debt Recovery
End-to-end solutions for creditors, resolution professionals and promoters, from early stress to liquidation.
The firm excels and specializes in insolvency, bankruptcy and debt recovery disputes and provides end-to-end solutions in this sector. The firm regularly represents major banks, financial institutions, asset reconstruction companies, promoter groups and insolvency resolution professionals/liquidators.
We also advise creditors at various stages of stress and on the submission of corporate insolvency resolution plans. We provide clients with end-to-end solutions across the capital structure, from early detection of stress to restructuring under court-supervised/informal processes and bankruptcy/liquidation.
Appeals and other filings arising from insolvency proceedings can be taken to the Supreme Court of India through the firm’s own Advocates-on-Record.
What we handle
- Initiating and defending corporate insolvency resolution process (CIRP) applications under the Insolvency and Bankruptcy Code, 2016, whether by financial creditors, operational creditors or the corporate debtor itself
- Acting for resolution professionals, liquidators and committees of creditors through the resolution and liquidation process
- Advising and drafting for resolution applicants, including eligibility under Section 29A and approval of the plan before the Adjudicating Authority
- Avoidance and wrongful-trading applications, and challenges to transactions entered into before insolvency
- Recovery proceedings for banks, financial institutions and asset reconstruction companies before Debts Recovery Tribunals and the High Courts
- Appeals from NCLT orders to the NCLAT, and onward to the Supreme Court of India
Where we appear
National Company Law Tribunal and National Company Law Appellate Tribunal; Debts Recovery Tribunals and Appellate Tribunals; High Courts; the Supreme Court of India.
Our approach
Insolvency outcomes turn heavily on early choices: who files, in which forum, on what record, and how the claim is framed. We advise creditors and promoters on the position before a filing is made, prepare the record with the end of the proceeding in mind, and take matters to the Supreme Court through our own Advocates-on-Record where an appeal is warranted.