CIN: U69100WB2024PTC269620WEDNESDAY, 2 SEPTEMBER, 2026
← All Expertise/Chamber No. vii
EXPERTISE NO. 07 • INSOLVENCY CHAMBERS
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Insolvency & Restructuring

IBC Code, Corporate Insolvency Resolution & Debt Restructuring

6
Service Lines
3
Precedent Matters
4
Deliverables
PTR
Partner Review
Chamber Mandate & Practice Scope

Full-Service Insolvency & Restructuring Practice

Market-leading insolvency and restructuring practice covering the full spectrum of the Insolvency and Bankruptcy Code, 2016 (IBC). Representing Financial Creditors, Operational Creditors, Corporate Debtors, Resolution Professionals, and Resolution Applicants in CIRP, liquidation, and voluntary liquidation proceedings before NCLT, NCLAT, and the Supreme Court.

Key Service Lines & Counsel Expertise

Service Offerings — 6 Lines

01CIRP Initiation (Section 7 / 9 / 10) & Representation
02Resolution Professional & Committee of Creditors (CoC) Advisory
03Resolution Plan Drafting & Evaluation
04One-Time Settlement (OTS) & Pre-Pack Insolvency
05Liquidation & Voluntary Winding-Up Proceedings
06Cross-Border Insolvency & UNCITRAL Model Law
Representative Precedent Matters

Selected Engagements & Case Precedents

A

Represented a consortium of financial creditors with ₹12,500 crore exposure in one of India's largest steel sector CIRPs, approving a resolution plan with 68% recovery.

B

Advised 200+ MSME operational creditors on Section 9 IBC filings, resulting in 72% settlement before admission.

C

Led defence strategy for a corporate debtor promoter against Section 7 IBC petition, successfully negotiating OTS within 90 days.

Counsel Deliverables

Standard Engagement Outputs

  • Creditor / Debtor Strategy Note on IBC Remedy Selection
  • Complete CIRP Pleadings, Forms, and Evidence Compilation
  • Resolution Plan Drafting or Evaluation Scorecard
  • Post-Approval Implementation & Transition Checklist
Suitable Profile

Banks, NBFCs, operational creditors, distressed asset funds, and corporate debtors navigating stress or restructuring under IBC.

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Cross-Chamber Reference

Complementary chambers frequently engaged together with Insolvency & Restructuring:

Brief Chamber viiInsolvency & Restructuring

Mandate a discrete or standing engagement. All briefs receive direct partner-level oversight and are governed by a formal engagement letter.