Insolvency and Bankruptcy
Financial distress and restructuring proceedings demand a pragmatic and nuanced understanding of insolvency laws, regulatory frameworks and stakeholder interests to preserve value and facilitate effective resolution. We act for creditors, corporate debtors and personal guarantors at the initiation stage of the insolvency resolution process. Post-commencement of the resolution process, we advise and represent resolution professionals, Committee of Creditors (CoC) and resolution applicants and conduct legal due diligence for corporate debtors, financial creditors, and operational creditors, including but not limited to the relation of an identified asset to identify potential risks and liabilities. Early identification of legal risks facilitates effective resolution, preserves value, protects stakeholder interests and ensures compliance with the statutory framework. Our expertise also extends to assisting with the preparation of information memorandums and resolution plans. We handle and assist with the execution of the approved resolution plan, voluntary liquidation proceedings and related compliances. We also appear and represent our clients before the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) and present arguments in relation to Corporate Insolvency Resolution Process (CIRP), liquidation and related processes.