Insolvency & Restructuring
WhiteStone Legal advises clients across the entire spectrum of insolvency, restructuring and distressed asset transactions, delivering commercially driven solutions that seek to preserve value, mitigate risk and achieve efficient outcomes. Our practice advises financial creditors, operational creditors, corporate debtors, investors, insolvency professionals, resolution applicants, promoters and directors.
Domestically, we assist clients in navigating proceedings under the Insolvency and Bankruptcy Code, 2016, representing stakeholders before the National Company Law Tribunal (NCLT), the National Company Law Appellate Tribunal (NCLAT), High Courts and the Supreme Court of India on matters including admission of insolvency proceedings, resolution plan approvals, avoidance transactions and liquidation proceedings.
We also advise international investors and strategic acquirers on opportunities arising from distressed Indian businesses and assets, conducting legal due diligence and negotiating transaction documentation for cross-border acquisitions undertaken through insolvency proceedings and pre-packaged insolvency processes. Our experience includes cross-border insolvency considerations and coordination with overseas counsel and financial advisers on multi-jurisdictional restructurings.
Beyond formal proceedings, we regularly advise clients on debt restructuring, refinancing arrangements, enforcement of security interests and out-of-court settlements, drawing on our corporate, employment, tax and dispute resolution expertise to provide integrated advice that preserves business continuity and maximises stakeholder value.
Our experience includes advising on:
- Corporate insolvency resolution processes under the Insolvency and Bankruptcy Code, 2016
- Debt restructuring and corporate restructuring
- Distressed mergers and acquisitions
- Acquisition and disposal of distressed businesses and assets
- Pre-packaged insolvency processes
- Legal due diligence in distressed transactions
- Creditor rights, recovery strategies and enforcement actions
- Committee of creditors’ advisory
- Resolution plans and restructuring documentation
- Director and promoter advisory during financial distress
- Liquidation proceedings
- Avoidance, preferential and fraudulent transaction proceedings
- Cross-border insolvency considerations
- Insolvency litigation before the NCLT, NCLAT, High Courts and the Supreme Court
- Post-resolution implementation and business restructuring
