Pre-Insolvency Advisory and Turnaround Planning

We provide comprehensive legal support to companies, promoters, and individual guarantors during the pre-insolvency phase, helping them navigate financial distress and avoid involuntary insolvency proceedings. Our approach combines strategic foresight with deep legal insight to preserve value, protect rights, and facilitate business continuity.

We work closely with clients to assess legal exposure, evaluate alternatives, and implement remedial actions across operational, financial, and regulatory dimensions

Legal and Financial Risk Assessment

• Assessment of financial stress indicators, default position, and legal consequences
• Review of events that may trigger insolvency proceedings under IBC
• Analysis of promoter and director liabilities, including under personal guarantees and fraudulent transactions
• Evaluation of ongoing and potential recovery actions under SARFAESI, DRT, and IBC

Corporate Turnaround Strategy

• Structuring turnaround plans including debt restructuring, bridge funding, equity infusion, and asset monetisation
• Business hive-off, divestment of non-core assets, and stakeholder-led recovery solutions
• Strategic change in management, promoter exit planning, and board reconstitution

Stakeholder Negotiation and Documentation

• Drafting and negotiation of standstill agreements, one-time settlements (OTS), and revised repayment terms
• Advisory on out-of-court restructurings and creditor consensus under RBI or contractual frameworks
• Coordination with financial institutions, ARC, private equity investors, and operational creditors

Pre-Pack and Alternate Resolution Mechanisms

• Structuring and documentation of pre-packaged insolvency solutions for eligible entities
• Legal support in designing and executing resolution plans outside formal CIRP
• Evaluation of MSME-specific restructuring options under RBI guidelines and IBC

Personal Insolvency and Guarantor Advisory

• Advisory to promoters and personal guarantors on liability, protection, and resolution under Part III of the IBC
• Legal strategy to respond to insolvency petitions filed against personal guarantors
• Representation before DRT for personal insolvency applications and interim moratorium
• Asset protection planning, settlement negotiation, and protection against coercive actions
• Coordination with resolution professionals and lenders for resolution and discharge of personal liability

Regulatory and Litigation Support

• Advisory on director’s duties and corporate governance in distressed companies
• Litigation support to restrain coercive enforcement actions and protect enterprise value
• Interface with regulatory authorities (RBI, SEBI, ROC, Stock Exchanges) for disclosures, compliance, and approvals

Cross-functional Advisory

• Working closely with forensic auditors, resolution professionals, investment bankers, and tax advisors
• Assessment of related party transactions, potential avoidance claims, and valuation implications
• Coordinated execution of legal, financial, and operational aspects of turnaround plans

Our early-stage advisory is focused on enabling clients to proactively manage distress, reduce litigation risk, and restore financial and reputational stability. We ensure that both corporate and personal dimensions of insolvency risk are comprehensively addressed with discretion, urgency, and precision