Restructuring/Insolvency
Asia-Pacific Guide 2024 : India
Band 1
Email address
[email protected]Contact number
+91 22 2496 4455Chambers Review
Cyril Amarchand Mangaldas is widely regarded as housing a premier restructuring and insolvency team, and is consistently mandated on India's most high-profile matters in this area. Its team is especially active for committees of creditors and resolution professionals on corporate insolvency resolution processes, advising on the implementation of resolution plans as well as litigation. The team also offers experience acting for bidders on insolvency-related transactions. The firm handles matters across various sectors, from banking and finance to telecoms and infrastructure.
Work Highlights
- Cyril Amarchand Mangaldas advised Yes Bank on the sale to J.C. Flowers of a USD6 billion stressed loan portfolio, the largest assignment transaction for stressed loans in the history of the Indian banking system.
Strengths
Provided by Chambers
"The team working on the assignment were well prepared and well versed with the subject matter. We found them to also be well integrated with our internal team working on the mandate and adhered to timelines and deliverables."
"The team working on the assignment were well prepared and well versed with the subject matter. We found them to also be well integrated with our internal team working on the mandate and adhered to timelines and deliverables."
Notable Practitioners
Cyril Shroff is the firm's managing partner and is based in Mumbai. He earns significant praise for his many years of experience and continues to advise on the largest mandates in the infrastructure and finance sectors.
L Viswanathan is based in Mumbai, where he enjoys a strong reputation for his impressive track record of advising on numerous major insolvencies, and regularly acts for resolution professionals and committees of creditors.
Dhananjay Kumar is a partner in Mumbai. He has experience working on high-profile insolvency matters for a range of parties, including committees of creditors and resolution professionals.
Gaurav Gupte is based in Mumbai. He is well versed in advising corporate clients and lenders on corporate insolvency resolution processes under the Insolvency and Bankruptcy Code, including negotiating resolution plans.
Madhav Kanoria is an up-and-coming lawyer in the restructuring and insolvency field. He has demonstrated significant experience in insolvency processes, particularly in resolution plan structuring and compliance.