The Insolvency practice at Coromandel Law covers the entire range of insolvency proceedings that are prescribed for corporate and individual persons under Indian law. Attorneys at Coromandel have acted in marquee insolvency matters from the inception of the Insolvency and Bankruptcy Code, 2016.
We have acted for Corporate Debtors and helped defend them in proceedings where the insolvency resolution process was sought to be initiated against them. We have also assisted Corporate Debtors with their pre-litigation strategy to ensure that they were ring-fenced from attempts to initiate the corporate insolvency resolution process against them.

Attorneys at Coromandel have acted for promoter and personal guarantors of Corporate Debtors in proceedings where personal insolvency resolution was sought to be initiated against the promoter (s) and personal guarantors. We have also helped operational and financial creditors identify effective strategies to recover and protect their debts from defaulting companies. Our attorneys have successfully represented creditors in proceedings to initiate the corporate insolvency resolution process against defaulting corporates.

We have been able to leverage our arbitration expertise to augment our insolvency and debt restructuring practice. Often arbitrations where debts remain uncrystallized are a cause of concern in an ongoing insolvency resolution process. Our attorneys have successfully argued and obtained the permission of the National Company Law Tribunal for a Corporate Debtor to pursue its claims against an Australian firm in an international commercial arbitration. We also blend our dispute funding expertise to advise Resolution Professionals on obtaining third party funding to pursue their claims against debtors of the Corporate Debtor.

Coromandel Law’s insolvency practice is uniquely placed to offer a one-stop solution to all insolvency and debt restructuring requirements. We have the expertise to act for Corporate Debtors, Promoters, Guarantors, Creditors and Resolution Professionals in all stages of an insolvency resolution process. We have also acted for clients in insolvency related litigation before the National Company Law Tribunal, Appellate Tribunal and the Supreme Court of India.