The restructuring and insolvency practice at Khaitan & Co LLP is a popular choice for resolution professionals, lenders, and financial institutions, among others, due to its aptitude in handling high-value, high-profile, and cross-border matters. The group has extensive experience assisting with corporate insolvency resolution processes, resolution applications, and debt settlements. Kumar Saurabh Singh is instructed by lenders, equity investors, and borrowers and stands out for his expertise in debt and non-performing account restructuring, while Siddharth Srivastava is a notable name because of his prowess in dealing with insolvency resolution processes and financing matters. He predominantly represents resolution professionals, financial and operator creditors, and bidders. Riya Agicha concentrates on debt financing and stressed asset resolutions.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘We've been consistently impressed by the exceptional service from the restructuring and insolvency team at Khaitan & Co. Their deep experience and strategic approach to complex cases have been a game-changer for our business.’

  • ‘Their expertise in handling cross-border insolvencies and managing crises proactively really sets them apart.’

  • ‘What really stands out is their innovative use of AI-driven analytics, making case handling more efficient and providing us with predictive insights.’

  • ‘The team’s commitment to diversity and collaboration brings fresh perspectives to our challenges, leading to creative and comprehensive solutions.’

  • ‘The individuals at Khaitan & Co's restructuring and insolvency practice truly stand out due to their exceptional expertise, dedication, and personalised approach. Compared to competitors, they possess a deep understanding of our industry and consistently anticipate our needs.’

  • ‘Their commitment to communication, transparency, and collaboration has fostered a strong and trusting relationship, making us feel genuinely supported and confident in their capabilities.’

  • ‘The practice stands out due to its expert knowledge of IBC matters and the positive attitude of team.’

Key clients

  • Shailendra Ajmera, Resolution Professional of Go Airlines (India) Limited (“Go First”)
  • Resolution Professional of Era Infra Engineering Limited (Client/EIEL)
  • Reliance Industries Limited
  • Resolution Professional of GVK Power (Goindwal Sahib) Limited
  • Edelweiss Alternative Asset Advisors Limited (“EAAAL”)
  • Monitoring Committee of GVK Power (Goindwal Sahib) Limited (“GVK”)
  • Nippon Life Insurance Company (“NLI”)
  • Dalmia Bharat Refractories Limited
  • State Bank of India, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Federal Bank, IDBI Bank Limited, Karnataka Bank Limited, Karur Vysya Bank, Punjab National Bank, Punjab Sind Bank, Small Industries Development Bank of India, South Indian Bank, UCO Bank and Union Bank of India.
  • Ultratech Cement Limited
  • Innova Captab Limited (ICL)
  • Torrent Power Limited
  • Dharampal Satyapal Limited
  • Piramal Capital & Housing Finance Limited
  • Pravin R Navandar, the resolution professional of VOVL Limited
  • A1 Infrastructure Limited
  • Consortium of lenders comprising of Axis Bank Limited, State Bank of India, Punjab National Bank, Bank of Maharashtra, Canara Bank and Bank of Baroda
  • Consortium of KGK Realty Private Limited and Dhoot Infrastructure Limited
  • Nomura Investments (Singapore) Pte. Ltd. and Asset Care & Reconstruction Enterprise Limited
  • Ceigall India Limited
  • IndusInd Bank Limited
  • Mr. Ajit Jain, the Resolution Professional of Perpendicular Construction Private Limited
  • Vedanta Limited
  • Mr. Ajit Jain, the Resolution Professional of Brownish Realty Private Limited (Client)
  • Prakash Traders
  • Mr. Ajit Jain, the Resolution Professional of Coast Town Planners Private Limited
  • Vijaykumar V. Iyer, the resolution professional of SES Energy Services India Private Limited
  • Mr. Ajit Jain, the Resolution Professional of Drastee Realcon Private Limited (Client)
  • Virender Jain and Sunteck Realties Limited
  • Mr. Ajit Jain, the Resolution Professional of Coast Realtors Private Limited
  • Entertainment Networks Limited
  • Mr. Ajit Jain, the Resolution Professional of Mabsoot Buildhomes India Private Limited
  • Sunteck Realties Limited
  • REC Limited (Lead Lender) and committee of creditors of Bhadreshwar Vidyut Private Limited
  • Unity Small Finance Bank Limited
  • VS Holding LLP
  • Enzen Global Solutions Pvt Ltd
  • Axis Asset Management Company Limited

Work highlights

  • Advising the resolution professional in accordance with the provisions of the Insolvency and Bankruptcy Code, 2016 (“IBC”) and Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (“CIRP Regulations”).

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Kumar Saurabh Singh, Ashwin Bishnoi, Siddharth Srivastava, Rajeev Vidhani, Mehul Shah, Raj R. Panchmatia, Nikhil Narayanan

Other key lawyers

Riya Agicha