Praised by clients for its ‘outcome oriented and problem-solving approach,’ the restructuring and insolvency department at DSK Legal is a good choice for shareholders, liquidators, and resolution professionals seeking assistance with domestic and cross-border mandates, including insolvency resolution processes, restructurings, and acquisitions, as well as disputes, settlements, and auction processes. Ajay Shaw co-heads the Mumbai office alongside Ashish Pahariya and Soham Mookherjee, while in New Delhi, Niraj Kumar spearheads the group with Samir Malik and Satendra Kumar Rai. Shaw is adept at handling restructuring and insolvency matters before the NCLT, while Pahariya is a go-to practitioner for liquidations. On the debt restructuring front, Mookherjee is the main contact, and on the insolvency resolution process side, Kumar is the name to note. Malik stands out for his litigation and arbitration prowess, while Rai has considerable experience advising on resolution plans.
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Profile
Work Department
Corporate and Commercial Laws, Mergers & Acquisitions, Infrastructure & Projects, Banking & Finance and Restructuring & Insolvency
Position
Partner
Career
Ajay has been with DSK Legal for more than 15 years and is recognised and respected for his expertise in the areas of Restructuring and Insolvency, Energy and Infrastructure, Project Finance and Mergers and Acquisitions.
Ajay has vast experience on matters pertaining to funding; resolution of distressed assets; restructuring under informal route (CDR/JLF/SDR etc.) and formal route (scheme approved by court); enforcement of security and insolvency proceeding. Ajay’s advice is sought, in particular, for legal and commercial issues pertaining to energy and infrastructure projects, including the bidding process for PPP/PFI deals, consortium arrangements, project equity, project debt, EPC, O&M, supply and offtake contracts. He has been advising private and public clients in the infrastructure and energy space.
He writes regularly on current legal and regulatory issues in leading Indian newspapers, international journals and websites. He also lectures at various including the University of Pune, the Institute of Chartered Accountants, the Centre for Civil Society, Federation of Gujarat Industries and the Xaviers Institute of Management.
Languages
English and Hindi
Memberships
Ajay is registered with the Bar Council of Maharashtra & Goa.
Education
Ajay holds an honours degree in Law from the ILS Law College, University of Pune.
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