With experience handling restructuring, insolvency resolution processes, and liquidations, as well as compliance, due diligence, and litigation, the restructuring and insolvency practice at IndusLaw continues to attract new clients which include creditors, debtors, and resolution professionals from a range of industry sectors such as banking and finance, manufacturing, and TMT. The main contact in the team is IBC expert Shabbeer Ahmed. Another key name in the group is Aneesh V.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Good in knowledge.’

  • ‘The team has hands on experience in all aspects of insolvency resolution under the Indian laws and a good understanding of commercial transaction as well as insolvency laws.’

  • ‘They have always provided the optimum solution to the issues while keeping in mind the commercial requirements of the client.’
  • ‘The team has demonstrated expertise in insolvency and restructuring laws time and again.’

  • ‘The team stands out for blending the commercial requirements with legal and regulatory requirements which is the key driver in any insolvency or restructuring transaction.’
  • ‘They provide the best solution for safeguarding the interest of the client.’
  • ‘The go-getter attitude of the team differentiates them.’

Key clients

  • Liquidator of Ezeego One Travel & Tours Ltd.
  • Citi Bank
  • L&T Finance Limited
  • Interim Resolution Professional for M/s. Tulip Hotels Private Limited
  • ICICI Bank
  • Kamini Metalliks Private Limited
  • Resolution Professional of Samyu Glass Private Limited
  • Wipro Limited
  • Tata Communications Limited
  • J.C. Flower Asset Reconstruction Company Pvt. Ltd./YES Bank Limited
  • Edelweiss Asset Reconstruction Company Limited
  • Resolution Professional in the Corporate Insolvency Resolution Process (“CIRP”) of Viceroy Hotels Limited
  • Asset Reconstruction Company India Limited
  • Resolution Professional of Bodhtree Consulting Ltd. (“BCL”)

Work highlights

  • Representing the Resolution Professional and the current Liquidator of Ezeego One Travel & Tours Ltd.
  • Representing Citi Bank in defending proceedings filed by the Successful Resolution Applicant of Unimark Remedies Limited against the Resolution Professional, Monitoring Agency, and the members of the Committee of Creditors.
  • Represented L&T Finance Limited in initiating Corporate Insolvency Resolution Proceedings against Sterling Healthcare Limited before the National Company Law Tribunal, Mumbai.

Other key lawyers

Shabbeer Ahmed, Aneesh V.