We take pride in hosting one of the leading teams of experts in the Insolvency and Bankruptcy domain in the county. Ranging from advising creditors, corporate debtors and insolvency professionals on all aspects of insolvency law to conducting due diligence on the company’s affairs, debts, and assets, we also advise potential resolution applicants on statutory insolvency, pre-packaged insolvency, sale as a going concern besides liquidation sales. Preparing and reviewing resolution plans as well as their implementation besides any financing required pursuant to the resolution plan is also a key practice area at Areness.
We advise ex-Management and officers on the risks such as avoidance of PUFE transactions. Having a presence pan-India, we file various applications before NCLTs, NCLATs, High Court(s) and Supreme Court and also guide in preparing claims.We are also working with several insolvency professionals and companies where we provide end to end support from commencement of insolvency proceedings to the final steps, be it resolution or liquidation.
The enactment of the Insolvency & Bankruptcy Code, 2016 (‘Code’) introduced a revamped regime for the liquidation of companies for which insolvency resolution has failed.Download
‘Quando aliquid prohibetur ex directo, prohibetur et per obliquum’, meaning what cannot be done directly, cannot be done indirectly,Download
The jurisprudence developing around the Insolvency & Bankruptcy Code, 2016 (hereinafter referred to as ‘I & B Code’) is, nowadays, focused on affording protectionDownload