About

Provided by DSK Legal

Restructuring and Insolvency practice requires a strong advisory team with equally strong litigation team as the insolvency resolution process is under the aegis of the National Company Law Tribunal. DSK Legal fares significantly well in this with strong presence in both Mumbai and Delhi. The advisory team is engaged in providing strategy level advice in connection with the options available to the various stakeholders (creditors/ debtors/ shareholders/ promoters) in connection with any default situation. The team has vast experience on dealing with the rectification of the account of the corporate debtor vide contractual arrangement, restructuring of the corporate debtor (vide the formal route i.e. the court process and the informal route i.e. contractual framework), recovery and enforcement of the security for the benefit of the secured creditor, insolvency resolution process and liquidation of the corporate debtor.

The advisory and the litigation team work in close coordination to achieve the objectives of the stakeholder. The advisory team is involved in drawing up a roadmap arising out of the default situation for relevant stakeholders and the litigation team steps into the matter in connection with enforcing the strategy in court, judicial tribunal and arbitral tribunal.

Chambers Review

Provided by Chambers
Restructuring/Insolvency - India
3
Band 3
What the team is known for

DSK Legal has a robust restructuring law practice in India, often acting for resolution professionals and liquidators and representing clients before the NCLT. Its restructuring team also advises on the drafting of resolution plans for distressed companies. The team is well versed in initiating insolvency proceedings on behalf of public banking institutions. The firm handles mandates relating to a range of industries, with particular expertise in infrastructure, steel and energy. Its clients include Imagicaaworld Entertainment, Chettinad Group and ArcelorMittal India.

Work Highlights

Provided by DSK Legal
  • DSK Legal advised Steel Strips Wheels in regard to the drafting, negotiation and submission of a resolution plan in the CIRP of AMW Autocomponent.

Notable Practitioners

Provided by Chambers
Ajay Shaw
4
Ajay Shaw
4
Band 4

Ajay Shaw is based in Mumbai, where he often acts on behalf of resolution professionals and liquidators in corporate insolvency proceedings, as well as assisting clients with resolution plans.

Ranked Lawyers at
DSK Legal

Provided by Chambers
Filter by
Band

India

Restructuring/Insolvency

Ajay Shaw
4
Ajay Shaw
4
Band 4

Members

Provided by DSK Legal

Niraj Kumar

Nirav Shah

Clients

Provided by DSK Legal

Asset Reconstruction Company of India Limited (ARCIL)

BDO Restructuring LLP

Bank of India (BOI)

Edelweiss Asset Reconstruction Company Limited (EARC)

HDFC

ICICI Prudential

IDBI Bank

IL&FS Services Ltd.

KPMG

PWC

Phoenix ARC Private Limited

State Bank of India (SBI)