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Dhir & Dhir Associates

Total number of professionals: 100 (12 partners)
Principal office: New Delhi
Other offices: Mumbai, Hyderabad, Bengaluru, Toyohashi-shi Aichi-ken (Japan)

Key practice areas: Antitrust & competition, banking & finance, capital markets & securities, corporate restructuring & insolvency, criminal litigation, corporate & commercial FDI, dispute resolution & arbitration, environment & clean technology, governance risk & compliance, labour & employment, infrastructure & energy, intellectual property rights, joint ventures, M&A/private equity, real estate and TMT.

Our services: Established in 1993, Dhir & Dhir Associates is a leading full-service law firm with a pan-India presence in New Delhi, Mumbai, Bengaluru, Hyderabad and strategic alliances with associate lawyers across India. The firm also has an international presence, with a representative office in Japan. With over 100 professionals, including lawyers, insolvency professionals, chartered accountants, company secretaries, cost accountants, MBAs and engineers, the firm is adept in handling complex legal, commercial and financial matters.

The firm and its partners have been recognized as the leaders in restructuring and insolvency and dispute resolution, and have also been highly ranked for banking and finance; projects, infrastructure and energy; technology, media and telecommunications; project finance; corporate/M&A, financial service regulatory, and private equity in leading legal publications including Chambers & Partners, Legal 500, IFLR1000, Asialaw Profiles and IBLJ, to name a few.

Corporate restructuring & insolvency: The firm offers comprehensive services in insolvency and corporate restructuring which include: Strategizing M&A transactions in distressed asset space, including documentation and court procedure for implementation; advisory and support services for the CIRP on behalf of stakeholders, including financial creditors, corporate debtors, operational creditors, committee of creditors, resolution professionals, resolution applicants and bond holders; preparation and execution of resolution plans; assistance in raising funds from investors for restructurings, takeovers, etc.; restructuring of debts owed to banks/FIs both on bilateral basis and through various mechanisms.

Corporate & commercial/FDI: The team is best known for its practice in M&A and takeovers, particularly in the distressed asset space. It offers guidance to domestic and offshore clients on matters relating to general corporate compliance, including investment regulations, sectoral caps and regulatory issues/compliance.

Dispute resolution: The firm has a strong commercial litigation team, with knowledge in all forms of dispute resolution. The firm has handled litigations of a complex nature and holds a track record of handling cases across diverse sectors.

Banking & finance: The firm handles the entire spectrum of banking and finance work, including due diligence on the borrowers, promoters and projects/securities, structuring transactions, drafting term sheets, transactional documents, negotiations, advising on the regulatory framework and related issues.

Capital markets & securities: The firm provides assistance in the raising of capital in private and public companies, takeovers, initial public offerings (IPOs), private placements, renounceable and non-renounceable rights issues and other Securities and Exchange Board of India (SEBI) related issues.

Infrastructure & energy: The firm has advised regulators, government entities, project developers, investors and contractors on commercial/transactional issues across diverse sectors.

TMT: The firm advises clients on data privacy and related issues. It is also representing TRAI before various forums, against the challenges to statutory regulations, tariff orders and directions by several service providers.

Recognition of homebuyers: Sympathy without security

By Varsha Banerjee and Juhi Bhambhani, Dhir & Dhir Associates
The fate of homebuyers when a real estate developer (RED) undergoes a corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016...

Realty sector reality check tempers home buyer news

By Sachin Gupta, Dhir & Dhir Associates
With the coming into force of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, home buyers have finally been recognized as financial creditors, at...

Sale as a going concern: Alternative in liquidation?

By Ashu Kansal and Manmayi Sharma, Dhir & Dhir Associates
The need for interpretation and amendment of the Insolvency and Bankruptcy Code, 2016 (IBC), has arisen repeatedly since its enactment. A recent instance can...

Personal guarantee: A loophole finally plugged

By Sachin Gupta and Pragya Khaitan, Dhir & Dhir Associates
The Insolvency and Bankruptcy Code, 2016, is still embryonic and constantly evolving. At this stage, it is of utmost importance that issues that lack...

Replacement of resolution professionals in liquidation

By Varsha Banerjee, Dhir & Dhir Associates
The Insolvency and Bankruptcy Code, 2016 (IBC), has been in the news since it came into force in December 2016. Apart from laying down...

Jury is out on aspects of winding up and insolvency

By Varsha Banerjee, Dhir & Dhir Associates
Winding up proceedings were earlier initiated and conducted under the Companies Act, 1956. However, with the coming into force of the Companies Act, 2013,...

Operational creditors face new challenges all the time

By Sachin Gupta, Dhir & Dhir Associates
An important aspect of the Insolvency and Bankruptcy Code, 2016, that needs to be addressed is whether an individual or a corporate body other...

Circular on anomaly shows goals of code take priority

By Sachin Gupta, Dhir & Dhir Associates
The Insolvency and Bankruptcy Code, 2016 (IBC), implements a “creditor-in-possession” regime that vests decision making powers of the insolvent company with a “committee of...
Insolvency and Bankruptcy Code: Two sides of the coin. Column by Alok Dhir, Dhir & Dhir Associates

Does moratorium apply to action for bounced cheque?

By Alok Dhir, Dhir & Dhir Associates
Moratorium under section 14 of the Insolvency and Bankruptcy Code, 2016 (IBC), means a period when no judicial proceedings for recovery, enforcement of security...
Insolvency and Bankruptcy Code: Two sides of the coin. Column by Alok Dhir, Dhir & Dhir Associates

Insolvency and Bankruptcy Code: Two sides of the coin

By Alok Dhir, Dhir & Dhir Associates
The Insolvency and Bankruptcy Code, 2016 (IBC), is a watershed in the history of India’s banking credit culture. Replacing a plethora of legislation it...


Alok Dhir


Alok Dhir


Alok Dhir

New Delhi
D-55, Defence Colony
New Delhi – 110 024, India
T: +91 11 4241 0000
E: delhi@dhirassociates.com
Contact: Poonam Rawat

E: mumbai@dhirassociates.com

E: hyderabad@dhirassociates.com

E: bengaluru@dhirassociates.com

Taiko Uppal Fujita
E: japan@dhirassociates.com


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