We advise both banks and financial creditors on recovery strategies and legal remedies under the evolving insolvency framework in India. Our expertise spans across distressed asset resolution, regulatory compliance under the RBI’s prudential frameworks, and proceedings under the Insolvency and Bankruptcy Code (IBC), 2016.
Pre-Insolvency and Stressed Asset Resolution
We advise banks on restructuring stressed assets through RBI’s frameworks such as the Prudential Framework for Resolution of Stressed Assets, including formulation of resolution plans, implementation of ICA (Inter-Creditor Agreements), and review of viability parameters.
IBC Proceedings Representation
Our team represents financial creditors in initiating and participating in Corporate Insolvency Resolution Processes (CIRP) before the NCLT. We support drafting and filing of Section 7 petitions, verification of claims, CoC (Committee of Creditors) formation, and review of resolution plans.
Advisory on Liquidation and Recovery
Where resolution fails, we assist banks in initiating and participating in liquidation proceedings, including enforcement of security under the SARFAESI Act and guiding distribution waterfall priorities under the IBC.
Bank-Led Revival Initiatives
We assist in evaluating revival opportunities prior to insolvency—by identifying white knight investors, formulating turnaround strategies, and engaging with distressed companies under bilateral or consortium arrangements.
Regulatory Compliance and Reporting
We ensure seamless coordination with RBI and other regulatory bodies, guiding banks through timelines, reporting obligations, provisioning norms, and classification of NPAs under applicable guidelines.
