Email address
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+91 22 4341 8600Provided by JSA
We have been at the has been at the forefront of the new insolvency law and has been involved in almost all major cases of insolvency under the new law. JSA continues to play an active role in shaping the constantly evolving insolvency law and policy in India.
Our experience covers the entire range of this practice, starting from restructuring under formal and informal procedures towards revival for corporates with early signs of distress, to processes involving actual liquidation and winding down of businesses. We advise clients at the pre insolvency stage or during the corporate insolvency resolution process (advising the committee of creditors/the resolution professional), to acquisition of the stressed asset via an insolvency process.
Our team has been involved in several corporate insolvency resolution processes (“CIRP”) that have commenced under the Insolvency and Bankruptcy Code, 2016 (“IBC”) as well as several out of court restructurings under the framework of the Reserve Bank of India (“RBI”) for restructuring of stressed assets. Our lawyers are well versed in corporate law, exchange control regulations and banking regulations, and work in collaboration with specialists from our capital markets & securities, M&A, projects & infrastructure and real estate practices. This collaborative approach, combined with our sectoral expertise enables us to provide seamless service and in-depth legal advice and solutions on all aspects of insolvency and debt restructuring.
Provided by Chambers
The established group of lawyers at JSA often handles insolvency cases for creditors' committees, joint lenders' forums and resolution professionals in sectors such as steel, energy, finance and textiles. Alongside advising on the administering of resolution plans, it also represents clients in related litigation.
Provided by JSA
JSA advised Central Bank of India, Bank of Baroda and IDBI Bank as the committee of creditors in relation to the insolvency of Go Airlines.
Provided by Chambers
JSA's expert team are able to comprehend and analyse complex matters.
JSA's expert team are able to comprehend and analyse complex matters.
Provided by Chambers
Dina Wadia is an experienced and highly regarded lawyer based in Mumbai. She frequently acts for committees of creditors, as well as syndicates of lenders and resolution professionals, on debt resolution proceedings.
Aashit Shah has a robust Mumbai-based practice acting for committees of creditors and lenders on insolvency and bankruptcy processes. He also advises resolution applicants and resolution professionals on CIRPs.
We have faith in Aashit Shah to interpret the law correctly and he is a very safe pair of hands.
Varghese Thomas co-chairs the disputes practice at JSA and is noted for his experience advising on CIRPs, including NCLT applications. He regularly acts for resolution professionals and lenders, and recent work has involved insolvencies in the aggregates, water and energy industries.