The Firm has a highly robust and recognised Insolvency and Bankruptcy practice. Insolvency law revamped the resolution mechanism of debt- ridden companies and resultantly opened new avenues for transactional practice. Insolvency and Bankruptcy Code, 2016 ideologically promotes that all efforts must be made and undertaken to ensure that a distressed company remains a going concern. Recent amendments to the law enhance this ideology keeping in mind the flexibility a resolution applicant may require.
Our knowledge and understanding of IBC enable us to represent our clients both pragmatically and aggressively. The team carries niche expertise in stressed M&A space and have represented our clients in diverse sectors including manufacturing, media, IT, e-commerce etc.
The IBC team composes of members recognised by Legal 500 reflective of its abilities and competency to handle complex matters and transactions.
The team has successfully managed to develop and maintain its clientele including national and international clients such as major corporates, banks, financial institutions, private equity houses, investors, high-net-worth individuals, and brand owners. The Firm has handled and continues to handle some of the biggest claims and has also successfully advised on disputes pertaining to insolvency and banking including in the Fintech and Crypto-currency space.
Our Firm’s significant share of practice involves counselling and advocacy outside the courtroom while ensuring the most commercially viable results for its clients. Our team brings together a specialized and dedicated team of lawyers who have an in-depth understanding of the IBC and the ability to understand the needs of its clients in the appropriate legal context.
Our typical areas of services in the field of insolvency include undertaking due diligence, preparing and finalizing relevant documentation (Section 9/7 petitions, diligence report, resolution plan etc.), providing advisory with respect to viability and structuring of available remedies under IBC.