Restructuring/Insolvency
Asia-Pacific Guide 2024 : India
Band 1
Contact number
+91 11 41590700Chambers Review
Shardul Amarchand Mangaldas' market-leading insolvency law team acts for leading Indian and global financial institutions and committees of creditors, as well as resolution professionals. The team is frequently involved in the highest-profile domestic cases, including in the steel, manufacturing, real estate and infrastructure spaces. The team advises on distressed asset transactions, resolution plans and contentious insolvency proceedings, working in conjunction with the firm's other departments. Edelweiss Asset Reconstruction Company, ICICI Bank and Yes Bank are among its clients.
Work Highlights
- Shardul Amarchand Mangaldas advised ICICI Bank on filing its application to initiate the CIRP of Essar Power MP including handling the litigation aspect of the process.
Strengths
Provided by Chambers
"Their understanding of financial nuances and their ability to simplify and present in courts is outstanding. Their partners have a very detailed understanding of the financial sector."
"Their understanding of financial nuances and their ability to simplify and present in courts is outstanding. Their partners have a very detailed understanding of the financial sector."
Notable Practitioners
Shardul Shroff in New Delhi heads the insolvency and restructuring team and has particular expertise in advising committees of creditors on major corporate insolvency resolution processes.
Anoop Rawat is a partner in Delhi known for acting on behalf of resolution professionals and committees of creditors on insolvency proceedings. He advises on insolvencies across sectors including infrastructure, financial services and retail.
Veena Sivaramakrishnan is based in Mumbai and is well regarded by market sources for her banking and restructuring practice. She is well versed in advising resolution professionals and committees of creditors on financial restructurings and insolvency processes.
"Veena understands what we want. She has done a good job in respect of a structuring which has had an evolution process from when it started, She has been good in defending it through litigation as well."
Misha joins the rankings after a busy year acting for liquidators and creditors on insolvency proceedings and resolution plans.
"Misha is a senior litigation partner with significant experience in insolvency laws. I regularly work with her on several complex insolvency matters."
Ranked Lawyers at
Shardul Amarchand Mangaldas & Co
India