AL’sadvocates are aware of both current and upcoming trends. AL’s knowledge spans the entire gamut of this activity, from processes including the actual liquidation and winding down of firms to restructuring under statutory and informal methods towards rebirth for corporates with early indicators of difficulty. We assist customers to purchase the stressed asset through an insolvency process at the pre-insolvency stage or during the corporate insolvency resolution process (advising the committee of creditors or the resolution professional). Our integrated approach thoroughly covers a variety of insolvency-related issues, such as acquisitions, transaction structuring, the creation of the resolution plan, performing legal due diligence, and holding meetings with resolution specialists to address worries and answer questions. In order to take the matter through to its conclusion, we also represent the acquirer before the National Company Law Tribunal.
Mr. Sugam Kumar Jha, the Managing Director of the firm leads our diversified Insolvency & Bankruptcy practice. With varied degrees of complexity and stakes, AL helps its clients find the most effective and pragmatic solutions in a variety of bankruptcy scenarios. We are well-equipped to guide clients through the entire process because to our vast expertise representing creditors, distressed corporates, and acquirers in the acquisition of companies in insolvency through a "resolution plan."In a variety of banking and financing transactions, we have extensive expertise representing acquirers, stressed assets funds, local and foreign banks and financial institutions, trade and finance firms, lenders, issuers, and borrowers. We routinely take part in debt collection, asset control and asset reconstruction, recovery litigation, structuring, documenting, and negotiation of various secured and unsecured financing agreements.In relation to cross-border aspects of contentious and non-contentious concerns of insolvencies, formal restructurings, and out-of-court settlements, we have resources committed to delivering seamless assistance on Indian legislation. In order to provide a comprehensive solution covering financial restructuring and recovery, insolvency, corporate reorganisation, restructuring of non-performing assets, creditors' rights, and contingent readiness against any ancillary litigation, our bankruptcy and restructuring practise collaborates closely with other practise areas within the firm, primarily banking & finance, M&A, tax, employment, and dispute resolution. Our full-service expertise enables the Firm to offer clients legally sound business advise and develop workable security measures to protect their enterprise.