Insolvency and Restructuring
We provide end to end legal support to lenders, borrowers, security providers and intermediaries operating in the industry.
Sarthak is well regarded in the industry for its insolvency and restructuring practice. Our practice spans from filing and defending proceedings across forums, such as Debt Recovery Tribunal, Debt Recovery Appellate Tribunal, National Companies Law Tribunal and National Companies Law Appellate Tribunal, to providing legal advise on issues facing a company under insolvency and bankruptcy. We advise various stakeholders in the insolvency process, such as promoters, corporate debtors, resolution professionals, banks and financial institutions, operational creditors, and home buyers (in real estate companies). We are involved in advising on insolvency matters for several large companies in power and infrastructure, manufacturing, e-commerce, and services sectors.
Ranked by IFLR1000 in 2021
Ranked by AsiaLaw Profiles 2022, 2021, and 2020
Ranked by Benchmark Litigation as a Notable Firm in 2020
Overview of India’s Insolvency and Bankruptcy Code
The Insolvency and Bankruptcy Code 2016 (IBC) was intended to be a transformative piece of legislation. It sought revolutionary and cultural transformation in the insolvency and bankruptcy landscape by (i) creating a comprehensive code for insolvency and bankruptcy for…