Pooja Mahajan

Practice Areas

Pooja leads the firm's Restructuring & Insolvency practice group, which includes advising clients on restructuring, both within and outside the Insolvency &Bankruptcy Code, 2016.

Pooja represents both creditors and debtors in insolvency proceedings and routinely advises resolution professionals and liquidators of a number of companies. She also actively advises on investment in distressed assets. Pooja routinely appears and argues before Indian bankruptcy tribunals such as the NCLT and NCLAT as well as the Supreme Court of India in various insolvency and liquidation proceedings.

Professional Memberships

Pooja is an active member of INSOL and the International Bar Association and a part of IWIRC (International Women’s Insolvency & Restructuring Confederation) Asia leadership group. She was also the Council Co-Chair at the ASSOCHAM National Council for Insolvency & Bankruptcy Code and Valuation. Pooja works closely with the World Bank on various projects in the Indian restructuring and insolvency space and was part of the World Bank’s 2019 Task Force for MSME Insolvency and 2022 Taskforce for Insolvency & Creditor/Debtor Regimes as India’s representative.

Publications

- Co-authored a Handbook on the Insolvency Resolution Process - Decoding the Code.

- Co-author, Joint publication on Thought Leadership by Insolvency and Bankruptcy Board of India & Foreign Commonwealth Development Office , UK.

- Co-author, World Bank and INSOL International joint report on insolvency measures taken across jurisdictions to address insolvency in the times of COVID-19 , [2021].

- Contributed, Understanding the IBC: Key Jurisprudence and Practical Considerations, International Finance Corporation, in collaboration with the Insolvency and Bankruptcy Board of India, [2020].

Co-author, Restructuring and Insolvency Laws (India Chapter) , ICLG, 2022.

Clients

1. End-to-end legal advisory services to the resolution professionals (RPs) and liquidators of several companies, including the RPs/ liquidators of Asian Colour Coated Limited, Ricoh India Limited, Mandhana Industries Limited, Patna Highways Projects Limited, Sarga Hotels Limited, Reliance Broadcast Networks Limited, Asian Hotels (West) Limited, and Innoventive Industries Limited.

2. Represented multiple creditors/ debtors in filing and defending insolvency petitions across various NCLTs, including ARCIL, Bank of Baroda, Administrator of DHFL, Airtel, Emaar India.

3. Representing Jalan-Fritsch Consortium in various forums for approval and implementation of its resolution plan for Jet Airways (India) Limited.

4. Represented various bidders in preparing resolution plans and bids for companies in resolution/ liquidation, including Refex group, GR Infra, Sarda group, Chowgule group, Power Grid Corporation.

5. Represented RP of Astonfield Solar (Gujarat) Private Limited in successfully restraining GUVNL from terminating a power purchase agreement during CIRP under an ipso facto clause, which culminated in the landmark decision of SC in Gujarat Urja Vikas Nigam Limited v. Mr. Amit Gupta and Others.