South Asia - India

DSK Legal

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With a strong presence in Delhi and Mumbai, DSK Legal represents a diverse range of stakeholders in relation to the IBC. The team consists of a number of experts, including senior partner Sudhir Sharma, who has been involved in the resolution of some of the biggest stressed assets in India, as well as Ajay Shaw and Ashish Pahariya, both of whom are deeply familiar with every aspect of the insolvency resolution process. The firm is proficient at handling high-value insolvencies and liquidations, preparing restructuring proposals and resolution plans, and drafting bid documents. Niraj Kumar is also recommended for his vast amount of experience advising resolution applicants, resolution professionals, and committee of creditors. Nirav Shah has left the firm.

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Key clients

  • Steel Strips Wheels Limited
  • Anirudh Agro Farms Limited
  • UPL Limited
  • Resolution Professional for JBF Petrochemicals Limited
  • Prestige Estates Projects Limited
  • Resolution Professional for DS Kulkarni Developers Limited (DSKDL)
  • ICICI Prudential Real Estate AIF – I
  • Liquidator for IVRCL Limited
  • Eicher Polaris Private Limited
  • Lehman Brothers Capital Private Limited
  • Simpa Energy India Private Limited
  • Piramal Capital and Housing Finance Limited
  • IL&FS Financial Services Limited
  • Piramal Enterprise Limited
  • UTI Capital Ltd.
  • ArcelorMittal India Pvt. Ltd.

Work highlights

  • Advised and assisted Imagicaaworld Entertainment Limited in relation to the Resolution Plan/Offer submitted by Malpani Parks Indore Private Limited (“MPIPL”).
  • Advised and assisted the Resolution Professional appointed for JBF Petrochemicals Limited with respect to the corporate insolvency resolution process of JBF.
  • Represented ArcelorMittal India Pvt. Ltd. in a challenge to its resolution plan for Odisha Slurry Pipeline Infrastructure Limited before the National Company Law Tribunal, Cuttack and National Company Law Appellate Tribunal.

Lawyers

Leading individuals

Practice head

The lawyer(s) leading their teams.

Sudhir Sharma, Ajay Shaw, Niraj Kumar, Shiv Sapra, Ashish Pahariya, Sanjeev Pandey