Environmental, Social and Governance
India
23 April 2025
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Regarded as ‘a sharp and erudite team,’ the restructuring and insolvency practice at AZB & Partners has a robust offering which includes advising on structured finance, pre-insolvency restructuring, recovery strategies, and insolvency proceedings. The group is instructed by a wide range of stakeholders on high-value, high-profile, and cross-border matters, and its capabilities continue to attract new clients. Practice head Bahram Vakil boasts extensive experience handling restructuring, bankruptcy, and project financing issues. Nilang Desai concentrates on advising resolution professionals, stressed asset funds, and IBC resolution bidders on restructuring and insolvency and structured finance transactions, while Nilang Desai assists asset reconstruction companies and hedge funds on trading distressed debt and debt restructuring. Other notable practitioners in the group include Anindita Roychowdhury, Hardeep Sachdeva, and Saloni Thakkar.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘A sharp and erudite team, with good turnaround time especially during crises.’
‘Anindita Roy Choudhary is an extremely meticulous and sharp lawyer, who has been helping us across multiple IBC matters. There have been instances where we have also had her argue in court and she is effective.’
Key clients
- Reserve Bank of India
- Deloitte India Insolvency Professionals LLP and Mr. Nageswara Rao Y (RBI nominated Administrator of Reliance Capital Limited)
Work highlights
Advised RBI in the filing of insolvency resolution of Reliance Capital Limited.
Represented DBS Bank Limited, Singapore before the Supreme Court of India where the issue of entitlement of dissenting financial creditors to a minimum pay-out equivalent to the liquidation value of their security has been referred to a larger bench of the Supreme Court for its consideration.