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
“The firm has good geographical spread and a very knowledgeable team with good experience on various banking-related litigation. That comes handy in all our matters.” – Banking and finance
Sachin Gupta
“Very quick at his work, engages with the team swiftly and addresses client's concern on war footing.”
Work highlights
Represented Unity Small Finance Bank on its merger with Punjab & Maharashtra Cooperative Bank, which was assigned the non-performing asset portfolio of HDIL Group.
Advised Suraksha Realty and Lakshdeep Investments as the successful resolution applicant and the monitoring committee in the implementation of the approved resolution plan of Jaiprakash Industries.
Key clients
Alchemist Township, Ansal Crown Group, Paradeep Phosphates, Sidhartha Buildhome.
Work highlights
Represented India Infrastructure Finance company in a takeout financing transaction.
Acted for State Bank of India as lender to a group of SPVs of Enfinity Global.
