Area of Practice

Insolvency, Restructuring & Bankruptcy

The Practice

AQUILAW’s Insolvency, Restructuring & Bankruptcy practice advises creditors, corporate debtors, resolution professionals, resolution applicants and other stakeholders through the entire insolvency life cycle, from early distress signalling and contingency planning to resolution, liquidation or restructuring. Our lawyers regularly appear before the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT) and combine that litigation strength with commercial judgment on deal structuring, making us well placed to advise on both the legal process and the underlying business outcome.

We advise across sectors and situations, from pre-insolvency and out-of-court restructuring through to formal proceedings under the Insolvency and Bankruptcy Code, 2016, and we work closely with our banking & finance, corporate-commercial and dispute resolution teams so that a company’s financing, contractual and litigation exposure is addressed as part of a single, coordinated strategy rather than in silos.

Key Service Offerings

Contingency planning, pre-insolvency and distress advisory for corporates and lenders.
Representing financial creditors, operational creditors, corporate debtors and resolution applicants before the NCLT and NCLAT.
Advising Insolvency Resolution Professionals (IRPs) and Resolution Professionals (RPs) on process, compliance and claims.
Assisting in the formulation, negotiation and implementation of resolution plans and business restructuring strategies.
Strategy formulation and negotiation for strategic debt restructuring arrangements with creditors.
Advising on the Committee of Creditors process, voting and challenges to resolution plans.
Cross-border insolvency and group insolvency issues, including coordination with overseas creditors and proceedings.
Liquidation and voluntary liquidation advisory, including asset realisation and distribution.
Advising on personal guarantee proceedings and related enforcement issues under the IBC.

The Aquilaw Advantage

What sets AQUILAW apart in this space is the combination of active NCLT/NCLAT litigation experience with commercial and banking sector insight, giving clients advice that is grounded in both the letter of the Code and the practical realities of a distressed situation. Our partner-led teams work seamlessly with our banking & finance, corporate and dispute resolution practices to protect value and manage risk at every stage of a resolution, backed by a pan-India presence that gives creditors, debtors and resolution professionals on-ground reach and regulatory familiarity across the country’s key commercial centres.

The team navigate and facilitate complex commercial deals within tight timelines and readily provide innovative commercial solutions to overcome negotiation hurdles.