Insolvency & Restructuring
We have acted for bidders, lenders and insolvency resolution professionals as their advisors in marquee corporate insolvency resolutions since the inception of the Insolvency & Bankruptcy Code, 2016 and our practice is recognised as one of the finest in the country in this area. Our Firm’s Founder & Managing Partner, Mr. Mohit Saraf, co-chairs the Federation of Indian Chambers of Commerce & Industry (FICCI) Committee on Stressed Assets. He is also part of group which meets with the Insolvency and Bankruptcy Board of India regularly to discuss and assist in development of insolvency and restructuring practices in India.
Some of our key recent transactions include:
- Advise to Resolution Professional of Binani Cements, Bhushan Steel, Korba West Power Plant, South East UP Transmission on the CIRP and the resolution plans
- Advised Committee of Creditors of Ruchi Soya, Reliance Naval, Lavasa Corporation, Rohit Ferro-tech, GMR Chattisgarh on the resolution plans
- Advised ArcelorMittal / Nippon Steel in their acquisition of Essar Steel and Odisha Slurry Pipeline
- Advised JSW Steel in their acquisition of Bhushan Power & Steel Limited and Vardhaman Industries
