Founded by a former Economic Laws Practice partner in 2019, Equilex is a restructuring and insolvency-focused firm. The firm regularly advises all parties on Insolvency and Bankruptcy Code (IBC) matters, including advising clients in restructuring transactions outside of the IBC process. Its client roster ranges from public banks and resolution professionals to NBFCs, funds and MNCs. Insolvency specialist Deep Roy is the key contact.
Grant Thornton Bharat engaged the firm to determine the liability of the IL&FS group companies as on the cut-off date and was required to be guided by the principles of the IBC.
