Insolvency & Restructuring
Our Restructuring & Insolvency practice advises on the restructuring, resolution and liquidation of entities under the Indian Insolvency and Bankruptcy Code (IBC). We act for creditors and lenders, debtors, guarantors, directors, insolvency professionals, resolution applicants and liquidators, from strategy through to the implementation of the processes and provisions of the IBC. We draw seamlessly on our partners' experience across Banking & Finance, Real Estate, Energy, Infrastructure & Natural Resources, Mergers & Acquisitions, Projects & Project Finance and Litigation & Dispute Resolution, as well as their various experiences in being on Board and managing business enterprises.
Our services include:
Advisory on the IBC
- Advising on the provisions and processes under the IBC.
- Advising on rights and obligations during the moratorium period and the corporate insolvency resolution process.
- Conducting legal due diligence of corporate debtors.
Resolution and restructuring
- Preparing expressions of interest for the insolvency resolution process.
- Negotiating, preparing and finalising restructuring plans.
- Implementing restructuring plans through strategic sales, slump sales, demergers and auctions.
Recoveries, asset tracing and interim relief
- Advising on potential asset recoveries and clawback.
- Advising on asset tracing, freezing and injunctions, and on parallel proceedings during the moratorium period.
Compliance and contentious work
- Advising on compliance of any restructuring with applicable law, including the Competition Act, SEBI regulations and the Foreign Exchange Management Act.
- Acting on contentious insolvency matters before various courts and tribunals.
