Banking, Finance, Insurance & Securities

Our expertise in the banking sector ranges from recovery actions for banks and financial institutions to legal management, restructuring, and reorganization of banking assets and NPAs under the ambit and purview of all extant laws of the country including policies pertaining to the restructuring of non-performing assets including constitution and formation of JLFs. In the process, we have acquired an in-depth knowledge and understanding of the banking sector, the markets, and their legal and regulatory frameworks. The Firm’s proficiency in the insurance sector extends to regular coordination with the sector regulator, IRDA, in matters of licenses and major legal compliances for and on behalf of leading insurance companies.

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Representing and assisting major foreign as well as Indian banks in corporate lending sector, SMEs as well as the large enterprise sector in recovery proceedings before all applicable and necessary forums, including the High Courts and the Supreme Court of India as well as in other criminal/civil matters pertaining to and arising out of such recovery proceedings.

Advised and rendered legal opinions on regulatory issues.

Represented clients in proceedings under the Insolvency and Bankruptcy Code, 2016 simultaneous with or in alternate to (i) recovery proceedings, and (ii) constitution of JLF as well as other restructuring mechanisms under extant RBI guidelines.

Rendered advisory opinions pertaining to restructuring/reorganizing NPAs for the banks/financial institutions and their onward sale to ARCs or other financial institutions.