The Insolvency and Bankruptcy Code, 2016 fundamentally transformed debt resolution in India, consolidating fragmented recovery mechanisms into a single, time-bound statutory framework. Aekom Legal has built a strong practice advising the full spectrum of stakeholders, resolution applicants, resolution professionals, financial and operational creditors, committees of creditors, corporate debtors and strategic acquirers, across all stages of the insolvency lifecycle.

Our practice spans the complete arc of proceedings before the NCLT, NCLAT and the Supreme Court: from initiating and defending applications under Sections 7, 9 and 10 of the IBC, to formulating and negotiating resolution plans, conducting liquidation proceedings on a going-concern or asset-sale basis, and advising on avoidance applications under Sections 43 to 66. We have successfully represented parties in matters of precedential importance at the appellate and apex court level.

Beyond formal insolvency proceedings, we advise financial institutions, banks, asset reconstruction companies and private credit funds on pre-insolvency restructuring, strategic debt acquisition, inter-creditor arrangements, and enforcement under SARFAESI and the RDBA. Our broader transactional and litigation capabilities allow us to address the governance, tax and regulatory dimensions of distressed transactions including Section 32A protections, stamp duty implications on resolution plan implementation, and the interface of insolvency law with securities and foreign exchange regulations.