OVERVIEW
The Insolvency & Restructuring team works closely with the Dispute Resolution team to provide comprehensive legal services. We have represented clients on some of the precedent setting matters before the Hon’ble Supreme Court, NCLAT and NCLTs.
Our Founder & Managing Partner, Mr. Mohit Saraf, co-chairs the Federation of Indian Chambers of Commerce & Industry (FICCI) Committee on Stressed Assets.
Contact us today to learn more about how we can assist you.
TESTIMONIALS
“The partners at Saraf and Partners are highly knowledgeable and meticulous when handling sophisticated matters.”
KEY PARTNERS
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Representing JSW Steel Limited, an MNC and India’s largest steel maker, in the acquisition of Bhushan Power Steel Limited which owed USD 7 billion (approx.) to various lenders. We appeared in multiple litigations connected with the matter before the Hon’ble Supreme Court, NCLAT and NCLT, including against the Enforcement Directorate, promoters, Tata Steel Limited and other counterparties.
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Advised ArcelorMittal / Nippon Steel in their acquisition of Essar Steel and Odisha Slurry Pipeline.
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Advised Resolution Professionals of Binani Cements, Bhushan Steel, Korba West Power Plant, South East UP Transmission, Andhra Cements Limited.
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Represented Bank of India (acting on behalf of a consortium of 26 lenders) before the Hon’ble NCLT Mumbai in seeking the initiation of insolvency proceedings against Future Retail Limited. As part of the litigation, we also represented Bank of India against Amazon, which was an intervenor in the matter.
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Advised various Committee of Creditors including in the matters of Ruchi Soya Industries Limited, Reliance Naval Engineering Limited, Lavasa Corporation Limited and GMR Chhattisgarh.