One of the preeminent law firms in India for restructuring and insolvency matters, Shardul Amarchand Mangaldas & Co is regularly turned to by notable banks and financial institutions, trading and finance businesses, and stressed asset funds seeking assistance with complex, high-value matters. The practice has a comprehensive offering which spans insolvency resolution processes, related disputes, and distressed acquisitions, as well as liquidations, wind downs, and debt recovery. Heading up the department in New Delhi is Shardul Shroff, who stands out for his considerable experience advising on insolvency processes, resolution plans, and insolvency proceedings before the NCLT. He is supported by insolvency resolution process expert Anoop Rawat, and disputes authority Misha, who concentrates on litigation and enforcement proceedings arising from restructuring and insolvencies. In Mumbai, Veena Sivaramakrishnan is a key contact in the group and focuses on debt and equity restructurings, wind downs, and setting up liquidity trusts. She works alongside insolvency litigation specialist Ameya Gokhale and Soummo Biswas, who regularly assists with non-stressed restructurings. Other notable practitioners in the Delhi office include Saurav Panda, Sagar Dhawan, and Vaijayant Paliwal.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Veena Sivaramakrishnan stands out.’

  • 'This is a market leading team which is working on the most complex restructuring and insolvency matters in India.'

  • 'The team is very hard working and the are responsive out of hours.'

  • 'Very client focused and helpful, advising on market developments as well as particular transactions.'

  • 'Veena Sivaramakrishnan - very helpful and aware of market positions. Extremely reasonable costs.'

Key clients

  • Resolution Professional of KSK Mahanadi Power Company Limited
  • Pembroke Aircraft Leasing 11 Limited
  • Jackson Square Aviation Ireland Limited
  • Bluesky 19 Leasing Company Limited
  • Bluesky 31 Leasing Company Limited
  • DZ Bank AG Deutsche Zentaral – Genossenschaftbank
  • Brihanmumbai Municipal Corporation
  • FidelisWorld Metis Limited
  • Committee of Creditors of Hindusthan National Glass & Industries Limited
  • Promoter group of Think and Learn Private Limited
  • Resolution Professional and liquidator of Siddhi Vinayak Logistics Limited
  • HDFC Bank Limited

Work highlights

Advising the resolution professional on the corporate insolvency resolution process of KSK Mahanadi Power Company Limited.
Acting for Edelweiss Asset Reconstruction Company Limited in the corporate insolvency resolution process of Lanco Amarkantak Power Limited.
Advising the Resolution Professional of Jaiprakash Associates Limited on the insolvency resolution process.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Vaijayant Paliwal

Practice head

Shardul Shroff

Other key lawyers

Anoop Rawat; Misha; Veena Sivaramakrishnan; Ameya Gokhale; Soummo Biswas; Saurav Panda; Sagar Dhawan; Vaijayant Paliwal; Parth Gokhale; Dhananjai Charan; Yugal Jain; Vishrut Kansal