Overview
Since the advent of the Insolvency and Bankruptcy Code, 2016, DRSB Law Chambers has advised and represented both financial and operational creditors as well as corporate debtors across insolvency and restructuring proceedings. We assist clients at every stage – from pre-insolvency distress advisory and contingency planning through the admission of insolvency applications, resolution plan formulation, and enforcement of recovery proceedings.
Our insolvency and restructuring practice sits alongside a broader corporate restructuring capability that includes cross-border transactions — consolidation of holdings, merging spin-offs, group exit transactions, stock and asset purchases, and expansion-related restructurings. We also advise insolvency officeholders, trustees, and government institutions in the conduct of insolvency proceedings.
On the debt recovery side, the Chambers represents banks and NBFCs in recovery proceedings as well as clients resisting such proceedings — including stay applications, injunctions, and related civil actions.
What We Do
- Pre-insolvency advisory, contingency planning, and distress advisory
- Filing and contesting CIRP applications before the adjudicating authority on behalf of financial creditors, operational creditors, and corporate debtors
- Preparation of Information Memoranda
- Financial statements analysis
- Assistance in formulation of Resolution Plans
- Drafting notices and agenda for meetings of the Committee of Creditors
- Managing the affairs of corporate debtors as a going concern during the insolvency process
- Core and ancillary due diligence in insolvency proceedings
- Advising and assisting insolvency officeholders, resolution professionals, trustees, and government institutions
- Corporate restructuring — mergers, demergers, consolidation of holdings, spin-offs, and group exit transactions
- Debt restructuring, including Strategic Debt Restructuring and Financial Restructuring of Debts Reorganisation
- Sick and insolvent company rehabilitation
- Out-of-court restructurings and refinancing arrangements
- Cross-border restructuring transactions — stock and asset purchases, expansion transactions, and overseas group restructurings
- Debt recovery proceedings — representing banks and NBFCs in recovery actions, and representing clients in resisting such proceedings, including stay applications, injunctions, and civil actions
- Voluntary liquidation and dissolution of companies
Client identities, matter-specific details, and representations before Courts have been redacted to preserve confidentiality obligations and protect privileged client information.