Luthra and Luthra Law Offices India's restructuring and insolvency team is turned to by a growing client base that consists of lenders, resolution professionals, and distressed debt funds to advise on pre-IBC solutions, liquidations, and corporate insolvency resolution processes, as well as related litigation, restructurings, and general advisory matters. The group has considerable experience supporting clients with their restructuring and insolvency mandates across a wide variety of industries, including real estate, energy, and infrastructure. Nakul Sachdeva is a key contact in the department and specialises in insolvency resolutions, civil litigation, and arbitration. On the restructuring front, Girish Rawat is the go-to, while Sanjeev Kumar focuses on debt recovery. The practice also benefits from the aptitude of Anshul Sehgal, who regularly litigates before the Supreme Court of India and various High Courts.
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Key clients
- Committee of Creditors – Ruchi Soya
- Resolution Professional — Crest Steel & Power Private Limited
- Indian Renewable Energy Development Agency Limited
- Pioneer Engineering
- Resolution Professional of Nitya Realtech Pvt. Ltd. and Proview Infrastructure Pvt. Ltd.
- Resolution Professional – M/s. Cinema Ventures Private Limited
Work highlights
Represented the Committee of Creditors – Ruchi Soya before the Hon’ble Supreme Court of India in an appeal filed by a Dissenting Institutional Financial Creditor challenging the distribution mechanism under the Resolution Plan.
Represented the Resolution Professional — Crest Steel & Power Private Limited in proceedings before the Hon’ble NCLT, Cuttack in an appeal filed by an operational creditor against the order of the Hon’ble NCLT approving the resolution plan.
Represented Indian Renewable Energy Development Agency Limited in an insolvency matter before the Hon’ble National Company Law Appellate Tribunal and Supreme Court of India.
Other key lawyers
Nakul Sachdeva; Girish Rawat; Sanjeev Kumar; Anshul Sehgal