The firm has developed a strong and litigation-intensive insolvency practice, advising and representing creditors, corporate debtors, resolution applicants, and insolvency professionals in complex and contested proceedings under the Insolvency and Bankruptcy Code, 2016
Our work is advocacy-led, involving regular appearances before the NCLT and NCLAT, as well as supervisory and appellate proceedings before High Courts and the Supreme Court of India.
We are frequently engaged in disputes concerning the admission and maintainability of insolvency petitions, the classification of claims, and challenges to resolution plans. We successfully represented a financial creditor in a complex Corporate Insolvency Resolution Process where the maintainability of the petition was challenged on jurisdictional grounds, ultimately securing the admission of the petition and a favorable classification of claims.
We also act on behalf of Resolution Professionals in significant applications concerning avoidance, preferential, and fraudulent transactions, successfully recovering assets that had been siphoned off prior to the initiation date.
We advise consortiums of lenders on managing parallel recovery actions under the IBC and proceedings before the Debt Recovery Tribunal, ensuring a coordinated litigation strategy focused on value maximization, and represent secured creditors in contested liquidation proceedings involving disputes over asset realization. Our approach positions insolvency as a strategic litigation and recovery mechanism, focused on creditor protection, value maximisation, and the resolution of complex financial disputes.