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Firm Profile

Arclegal at a glance

A New Delhi law firm dedicated to insolvency and restructuring under the Insolvency and Bankruptcy Code, 2016, which also undertakes writ, commercial and advisory work.

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The Firm

Who we are

Insolvency and restructuring form the core of the firm’s practice. The firm advises and represents stakeholders at each stage, from the first default to the final appeal.

Arclegal advises and represents financial and operational creditors, resolution applicants, resolution professionals and liquidators, personal guarantors, homebuyers and their associations, and corporate debtors before the National Company Law Tribunal, the National Company Law Appellate Tribunal and the Supreme Court of India.

In addition, the firm appears in writ proceedings before the Supreme Court and the High Courts, and undertakes commercial litigation and recovery, banking and finance disputes, real estate and homebuyer matters, and corporate advisory work.

Our Focus

Insolvency & Restructuring

01Default & noticeDemand notices; assessing debt, default and limitation
02AdmissionApplications under Sections 7, 9 and 10
03Claims & CoCFiling and verification of claims; CoC proceedings
04Resolution planEligibility, due diligence and plan drafting
05Approval or liquidationApproval under Section 31, or liquidation
06AppealAppeals to the NCLAT and the Supreme Court
Clients

Who we act for

  • Financial creditors: banks, NBFCs and ARCs
  • Operational creditors
  • Resolution applicants
  • Resolution professionals and liquidators
  • Personal guarantors
  • Homebuyers and their associations
  • Corporate debtors and promoters
Practice

Areas of practice

Writ JurisdictionWrit petitions before the Supreme Court and the High Courts against action by the State, public authorities and regulators.
Commercial Litigation & RecoverySummary suits, Commercial Courts Act matters, interim relief and enforcement.
Banking & FinanceAdvice and representation for lenders and borrowers in matters concerning stressed accounts, guarantees and restructuring.
Real Estate & HomebuyersRepresentation of apartment owners’ associations and allottees in stalled and delayed projects.
Corporate & Commercial AdvisoryDrafting, review and vetting of agreements, due diligence and compliance.
ArbitrationPre-arbitration strategy, the conduct of proceedings, and the challenge and enforcement of awards.
Forums

Where we appear

  • Supreme Court of India
  • High Court of Delhi
  • NCLAT, New Delhi and Chennai
  • NCLT benches across India
  • Debts Recovery Tribunals
  • Commercial Courts
  • Consumer Commissions
  • Arbitral Tribunals
Partner

Aadarsh Kumar Rai

Aadarsh Kumar Rai is the Partner at Arclegal. He has practised regularly before the National Company Law Tribunal and the National Company Law Appellate Tribunal since their constitution in 2016. Every matter is led personally by the Partner, from the first meeting to the final order.

LL.M. (Corporate & Finance Law)

Contact

By appointment

This profile is meant only for providing information about Arclegal and does not constitute advertising or solicitation under the Bar Council of India Rules.