Restructuring/Insolvency
Asia-Pacific Guide 2024 : India
Band 3
Email address
[email protected]Contact number
+91 22 67362222About
Provided by Argus Partners
The Firm has deep knowledge and comprehensive experience of handling intricate legal issues pertaining to distressed assets and corporate restructuring. With the onset of the Insolvency and Bankruptcy Code, 2016 ('Code'), the Firm has actively advised several clients on the new Code extensively. We are currently advising investors, funds, asset reconstruction companies and financial institutions as well as committee of creditors in several bids for distressed acquisitions in the RBI mandated cases. The Firm also advises clients on matters pertaining to applications as financial creditor/operational creditor/corporate debtor and keeps itself abreast with recent developments in the Code on a regular basis.
The Firm is able to efficiently combine all the elements involved in complex restructuring, both contentious and non-contentious, advising clients on mergers, demergers, acquisitions, takeovers, capital re-organisation and such other transactions connected to corporate restructuring or re-organisation.
The team of this practice area is a specific amalgam of expertise from the banking & finance, corporate M&A and the disputes practice and have both domestic and international experience in corporate restructuring and insolvency. With a keen sense of commercial knowledge, the Firm has the distinct advantage of being able to provide practicable legal solutions for optimising investments and recovery for its' clients.
Chambers Review
Argus Partners has a well-regarded insolvency law practice in India that handles both transactional and contentious matters. The firm advises resolution professionals, liquidators and consortiums of lenders on resolution plans and insolvency processes. Argus Partners is instructed on mandates in the energy, steel, finance and manufacturing industries. Clients include Assets Care & Reconstruction Enterprise, Tata Steel and HDFC Bank.
Work Highlights
- Argus Partners represented the resolution professional of Concast Steel & Power and subsequently the liquidator in the sale of certain assets to SMC Power Generation for INR275 crores.
Notable Practitioners
Krishnava Dutt in Mumbai has a well-established reputation for advising resolution professionals and liquidators on insolvency processes. He is particularly active in the real estate, power and manufacturing sectors.
"He has a solutions-driven approach, subject matter expertise and deep knowledge of the markets in which he works."