Led by partners Amit Jajoo and Sushmita Gandhi, IndusLaw handles a range of matters, including strategizing processes under the IBC to negotiating and implementing restructuring plans. The firm advises banks, guarantors, resolution applicants, directors, and liquidators, among other stakeholders. The ‘dynamic and enterprising team’ has experience with cross-border insolvency laws, asset freezing overseas, and handling insolvency litigation before the different courts and tribunals. Key members of the team include Shabbeer Ahmed as well as principal associates Aneesh V. and Anamika Singh.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'The are always on top in terms of strategy with respect to the ongoing litigation matters.'
- 'Shabbeer Ahmed is very diligent and articulate. He is prompt with his responses. Also, Aneesh V. who is on his team members is also very proactive.'
- 'Induslaw has a dynamic and enterprising team, which is full of hardworking and dedicated individuals.'
- 'Sushmita is an intelligent, committed, malleable, and a results-oriented lawyer whom you can trust with critical mandates.'
Key clients
- J.C. Flower Asset Reconstruction Company Pvt. Ltd.
- YES Bank Limited
- L&T Finance
- Axis Bank Limited
- ICICI Bank
- Citibank
- State Bank of India
- UCO Bank
- Punjab National Bank
- Canara Bank
- Asset Reconstruction Company (India) Limited (ARCIL)
- Phoenix ARC Private Limited
- Edelweiss Asset Reconstruction Company Limited
- DMI Finance Private Limited
- VBC Industries Limited
- SPG Macrocosm Ltd.
- Kamini Metalliks Pvt. Ltd.
- HDFC Bank
Work highlights
- Advising and representing YES Bank Limited in initiating insolvency proceedings against 7 Essel group (Zee group) companies (the aggregate debt is approx. USD 408m).
- Representing the Resolution Professional of Ezeego One Travel and Tours Limited (Cox and Kings Group) and the Committee of Creditors comprised of Axis Bank and YES Bank in the corporate insolvency and liquidation process under the IBC (the aggregate debt is approx. USD 133m).
- Representing L&T Finance in an application for insolvency of personal guarantor of Deccan Chronicle Holdings Limited (“DCHL”) (the overall debt is approx. USD 246m).