Chambers Review
Provided by Chambers
Restructuring/Insolvency - India
What the Team is Known For
Phoenix Legal has a notable market presence in India for insolvency law, acting for a range of domestic and international banks, funds and corporates. The firm often acts for creditors of insolvent entities, as well as debtors. Its team has further capabilities in representing clients in insolvency proceedings before the NCLT, as well as in liquidation processes.
Strengths
The team is well-versed with the law and processes involved, which makes it very easy to work with its lawyers.
Phoenix Legal's lawyers have command over the subject and provide sound advice.
Work Highlights
Phoenix Legal advised a resolution professional on the defence of an application filed that sought a refund of the Earnest Money Deposit paid under the approved resolution plan.
Notable practitioners
Piyush Mishra in Mumbai advises resolution professionals and resolution applicants on restructuring processes. He is especially active on matters in the power, education and construction sectors. He heads Phoenix Legal's bankruptcy and restructuring department.