Restructuring/Insolvency | Asia-Pacific

AZB & Partners houses a top-tier legal practice in India, especially noted for its strong regulatory knowledge relating to the Insolvency and Bankruptcy Code (IBC). The firm possesses extensive experience in landmark IBC cases, frequently acting for resolution professionals on major restructurings, as well as the bidders on stressed asset deals. Its team also offers experience acting for creditors on restructurings and advising foreign distressed asset funds on debt acquisitions. Its clients include major Indian conglomerates, international accounting firms and major domestic banks.

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.

Shardul Amarchand Mangaldas' market-leading insolvency law team acts for leading Indian and global financial institutions and committees of creditors, as well as resolution professionals. The team is frequently involved in the highest-profile domestic cases, including in the steel, manufacturing, real estate and infrastructure spaces. The team advises on distressed asset transactions, resolution plans and contentious insolvency proceedings, working in conjunction with the firm's other departments.

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.

Khaitan & Co's respected team of lawyers advises a range of players on insolvency matters in India, including resolution applicants, creditors and debtors. Its restructuring and insolvency team often advises on stressed asset acquisitions, as well as assisting debtors and lenders with debt restructuring. The team represents many of India's leading corporates, including those in the finance, real estate and energy sectors.

Saraf and Partners was formed in 2021 and has a strong team of experienced restructuring and insolvency lawyers in India. Its team is well-versed in acting for resolution applicants, resolution professionals and committees of creditors on insolvency processes, including in matters before the NCLT. The team has capabilities in various sectors such as infrastructure, power and steel, and has a presence in New Delhi, Mumbai and Bengaluru.

Trilegal's restructuring legal team in India frequently advises banks and funds on distressed debt transactions and the formulation of resolution plans, as well as acting for resolution professionals. The team also represents clients in disputes relating to insolvency resolution processes. Trilegal handles matters in a variety of sectors, from steel and power to telecommunications and infrastructure.

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.

Chandhiok & Mahajan is well-regarded for the strength of its insolvency law practice in India. The team is well versed in handling insolvency processes for resolution professionals and applicants in a range of sectors. The team has further capabilities in representing clients in the NCLT, as well as in arbitration.

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.

Luthra and Luthra Law Offices India is well placed to handle restructuring and insolvency matters, often acting for resolution professionals as well as bidders on distressed asset transactions. The firm also offers experience acting for asset reconstruction companies and regularly assists with the drafting and implementation of resolution plans. Its team handles significant mandates in sectors such as steel, construction, shipping and power.

Economic Laws Practice acts for a range of domestic and international clients from sectors such as banking, energy and manufacturing. It boasts a multi-disciplinary practice with expertise in debt recovery, insolvency proceedings, restructurings and resolution plans.

IndusLaw boasts an experienced restructuring and insolvency team with offices across India. Its practical advice and adept handling of complex matters is valued by resolution professionals, financial institutions and other parties to proceedings.

Samvad Partners offers an established restructuring and insolvency law team with offices across India. Its restructuring team advises operational and financial creditors on insolvency applications and proceedings, as well as assisting resolution professionals with restructuring processes. The team also acts on behalf of debtors and handles matters over a wide range of industry sectors, including infrastructure, real estate and construction.