Dhir & Dhir Associates leverages the firm’s wider corporate litigation practice to assist with a variety of restructuring and insolvency mandates, including insolvency resolution processes, and liquidations, as well as disputes, debt recoveries, and regulatory compliance mandates. The team regularly advises lenders, banks, and private companies acting across a nice range of sectors, such as real estate, manufacturing, and energy. Alok Dhir, Maneesha Dhir, and Sachin Gupta co-lead the department alongside Varsha Banerjee and Karan Batura, all of whom bring a wealth of expertise to the group. A. Dhir is adept at handling corporate and financial restructurings and insolvency proceedings, while M. Dhir is noted for her aptitude for dispute resolution. Specialising in litigation is Gupta, and Banerjee stands out for her personal insolvency prowess. Batura has considerable experience representing clients before the NCLT.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'Dhir & Dhir Associates’ Restructuring and Insolvency practice stands out for its unparalleled expertise, commitment, and ability to navigate complex, high-stakes situations with both precision and empathy. What makes this team unique is not just their technical know-how, but their holistic approach to client relationships.'
- 'They focus on understanding the broader business context, providing solutions that are not only legally sound but also strategically effective. The team's proficiency in both distressed M&A and cross-border insolvency cases further distinguishes them from competitors. This global outlook, coupled with a sharp focus on local regulatory environments, enables them to serve both domestic and international clients effectively.'
- 'The firm’s transparent billing model and flexible fee arrangements, combined with a deep focus on client service, show a clear commitment to providing value at every stage of a case. This adaptability, especially in pricing, is a significant differentiator in the legal space.'
- 'The individuals I have worked with at Dhir & Dhir Associates are distinguished not only by their technical excellence but also by their unwavering commitment to achieving the best outcomes for their clients. What truly sets them apart is the combination of deep legal expertise and a genuine focus on client relationships.'
- 'Whether it’s a partner or an associate, the team consistently goes above and beyond, always seeking to understand the full picture of a client's business and their unique challenges. What makes this team particularly different from competitors is their balance between sophistication and accessibility. They are highly skilled, but they don't overcomplicate matters.'
- 'Instead of providing just legal solutions, they engage in proactive, open communication with clients and stakeholders, ensuring transparency at every step of the process. In terms of approach, the team is refreshingly pragmatic, which is crucial in restructuring and insolvency matters where businesses are often under financial stress and looking for practical, timely solutions.'
Key clients
- Unity Small Finance Bank
- PFS
- IREDA
- Jindal India Limited
- Jaypee Infratech Limited
- MB Power Limited
- Asian Alloys Limited
- Som Resorts Limited
- CEAT Limited
- Suraksha Asset Reconstruction Limited
Work highlights
Represented Som Resorts in the restructuring approved by the Tribunal under the Insolvency and Bankruptcy Code, 2016.
Advising Unity Small Finance Bank Limited on a matter regarding the portfolio of debt in HDIL.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Practice head
Alok Dhir; Maneesha Dhir; Sachin Gupta; Varsha Banerjee; Karan Batura