Alok Dhir Insolvency - India

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Dhir & Dhir Associates
D -55, Defence Colony
New Delhi-110 024

Tel: 91 (11) 42410000
Fax: 91 (11) 42410091


Alok is the founder and managing partner of the firm. He is a qualified Chartered Accountant and has been practicing law since 1983. He specializes in Corporate and Financial Restructuring, Insolvency Laws, Mergers & Acquisitions, Takeovers, Banking Law and Real Estate. Besides this, he also specializes in private equity placements, structuring of transactions for turning around of financially unviable entities in the country and issues related to Asset Reconstruction & Securitization.

He has been co-opted as a member on the National Committee on Dispute Resolution by CII and has also been appointed by the Indian Institute of Corporate Affairs (IICA) on the Panel of Experts for the subject relating to Corporate Rescue and Asset Reconstruction.

He has been ranked as a “Leading Individual in Insolvency Practice” by many leading legal publications including Chambers & Partners, IFLR and Legal 500.

EXPERTISE: Banking & Finance | Capital Markets and Securities Law | Corporate Restructuring & Insolvency | Joint Ventures | M&A / Private Equity

The Corporate Restructuring & Insolvency (CDR) Law Practice:

The firm is undisputedly the market leader in Corporate Restructuring and Insolvency space and has consistently maintained its reputation and numero uno position. The firm offers comprehensive service in corporate restructuring led by commercial insolvency, insolvency related litigation, corporate debt restructuring, negotiated settlements, enforcement of security interest, securitization process, and refinancing. The Firm through its critical advise has been able to put hundreds of companies on revival path.

The team acts for a range of clients including a number of financial institutions, public and private companies.

The team has momentous know-how in, and has been rendering unparalleled advice on matters including:

  • Financial Due Diligence
  • Techno-Economic Feasibility Studies
  • Formulation of restructuring proposal
  • Negotiations with creditors for settlements
  • Identifying strategic investors
  • Rehabilitation through court process
  • Acquisition / Sale of distressed assets
  • Restructuring including arrangement with creditors and members
  • Portfolio Reviews
  • Securitization
  • Corporate Debt Restructuring;
  • Liquidations
  • Enforcement of Security Interest
  • Facility, Security and Credit Support Reviews for Lenders and Borrower Groups
  • Debt recovery tribunal including those under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

The team has a standing for delivering realistic and commercially focused solutions and strategies to its clients legal issues and offers wide range of services including preparation of revival schemes and has a dedicated set of professionals for the purpose.

Dhir & Dhir Associates:

At Dhir & Dhir we merge practice and sector groups to develop a comprehensive understanding, of our clients’ businesses and markets and to constantly deliver sound and commercially relevant advices. We focus on relationships, not deals, and we are considered very approachable and accessible from top to bottom of the hierarchy. Our clients tell us that we’re often seen as the human face of the law.

The firm combines flexibility and responsiveness with practical, in-depth experience, to provide legal advice that reflects the commercial context in which it is sought. We form close, constructive and responsive working relationships and our personal approach ensures continuity and clear communication.

Our clients are drawn from all sectors of commerce and industry and include multinational corporations, public sector bodies and entrepreneurs. We have a substantial international dimension and operate a number of cross-firm groups that provide proactive and efficient service for clients with international business.

As one of the leading law firms in India, we have responsibilities that extend beyond our client work. We are transparent about our approach, problem solvers with best fit solutions and are proud of our dedication which in turn has given us client relationships of more than two decades.

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