Banking, Finance & Insolvency
Recovery and insolvency run on parallel tracks, and the one you choose first often forecloses the other.
We act for creditors and for corporate debtors in recovery and insolvency proceedings, and advise on the security documentation that determines the strength of the position long before default.
What this covers
Applications under Sections 7, 9 and 10 of the Insolvency and Bankruptcy Code, 2016, defence of admission, claims before the resolution professional, and appeals.
Original applications, securitisation applications, and appeals, for banks and financial institutions and for borrowers resisting them.
Enforcement of security interest, possession proceedings, and challenges under Section 17 of the SARFAESI Act, 2002.
Advising on what Section 14 of the IBC does and does not stop, and where parallel proceedings survive it.
Financial security documents, credit agreements and guarantee structures reviewed for enforceability at the point of sanction, not at the point of default.
For enquiries regarding this practice area.
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