Full-service law firm Dhir & Dhir Associates is famed for its market-leading insolvency practice. It also has an active dispute resolution group. Its core dispute specialities, in addition to insolvency, are commercial, construction and government and regulatory. The firm has handled more than 60% of all cases before the Board for Industrial and Financial Reconstruction and its Appellate Authority, and currently handles more than 25% of total non-performing assets in India. A review of the firm’s regulatory highlights demonstrates it has been very active for the Telecommunications Regulatory Authority of India in recent years, appearing on behalf of the regulator in multiple cases. The firm has five offices across the country – in Delhi, Mumbai, Hyderabad, Pune and Bengaluru – and a representative office in Japan.
Managing partner Alok Dhir leads the disputes offering, which includes partners Maneesha Dhir, Sachin Gupta, Rahul Tyagi, Varsha Banerjee and Karan Batura.
The team demonstrated its market-leading stature by successfully handling the very first completed case of a pre-pack insolvency resolution process since it was introduced during the Covid-19 pandemic. It managed to have a pre-pack scheme of a third-party approved for Amrit Indi.
The firm’s key clients include Avantha Holdings, Binani Industries, Essar Steel India, IDBI Bank, Jaypee Infratech, Jindal Steel & Power, Moser Baer India, Punjab National Bank, Metalyst Forgings, Soma Enterprise, Rural Electrification Corporation and Trident Infrahomes. Recent panel wins for the team include PFC Consulting, MOIL, India Infrastructure Finance Company, Mumbai Metro Rail Corporation and National Fertilisers.
