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. In the last year, the firm successfully handled the first completed case of the pre-pack insolvency resolution process, among other notable precedent-setting matters. The firm has steadily been growing its restructuring advisory and contentious practice. The in-depth and expansive legal knowledge the firm possesses has helped various clients resolve their financial stress without seeking intervention of any court proceedings.
The banking and finance team has witnessed a lot of focus on project finance matters as improving infrastructure is a key government mandate. It is working with clients in foreign direct Investments, re-financing, conventional financing and ECBs, and offer guidelines to foster equity, especially in startups. 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.
Work highlights
Advised a major retail conglomerate on a complex debt restructuring process that successfully reduced liabilities by 40%. Collaborated with stakeholders to facilitate a seamless transition, ensuring minimal disruption to operations.
Work highlights
Assisted a multinational technology firm in its acquisition of a local startup, navigating regulatory approvals and ensuring compliance with local laws.
Work highlights
Represented a leading financial institution in structuring a multi-million-dollar loan facility for infrastructure development.
