Dhir & Dhir Associates

India

Analysis

Overview

Dhir & Dhir Associates is best known for its restructuring and insolvency, and capital markets practices. The firm was one of the first entrants into the stressed assets advisory space back in the early 1980s. Thus, its long-standing experience of nearly four decades in the insolvency realm makes it a go-to firm with clients appreciating its substantial, well-rounded contentious and non-contentious practice. The firm is currently handling more than a quarter of the non-performing assets insolvencies in the country. The core practices of managing partners Alok Dhir and Maneesha Dhir are in restructuring and insolvency, and corporate and M&A. Alok Dhir is also known for his expertise in real estate and private equity, while Maneesha Dhir is active in telecommunications, media and technology as well as dispute resolution. Another key partner is disputes and restructuring and insolvency specialist Sachin Gupta.  

Client feedback 

We would recommend the firm for its timely responses and being reasonable with regards to the drafting of the documents from both lender and borrower perspective.Banking and finance

Shikha Singh 

Has timely responses and provides clarity in discussions. 

Restructuring and insolvency

Work highlights 

Represented Trident Infra Homes and Romano Infrastructure as it seeks resolution plan approval before the National Company Law Tribunal 

Assisted Jain Irrigation Systems on its ongoing restructuring proposal with its lenders under the 2019 RBI Circular. 

Acted for Gati Infrastructure in the ongoing insolvency resolution process as initiated by one of the operational creditors of the company.

Banking and finance

Work highlights 

Represented Tata Cleantech Capital as lender for a loan to AMPSolar Urja in relation to the construction of a power project.