Corporate Law and IBC Expertise: Our Distinguished Practice
The Chambers of Senior Advocate Sajan Poovayya has established itself as a leading authority in corporate law and insolvency matters, representing diverse clients in complex proceedings before the National Company Law Tribunal (NCLT), National Company Law Appellate Tribunal (NCLAT), High Courts, and the Supreme Court of India. Our expertise spans various critical aspects of corporate and insolvency law, demonstrating exceptional capability in handling sophisticated legal challenges.
Corporate Insolvency and Stakeholder Representation
The Chambers of Senior Advocate Sajan Poovayya has acted for a diverse range of stakeholders across the entire corporate insolvency spectrum. We have defended approved resolution plans against challenges by employee groups seeking priority payments, clarifying the status of employee claims and the limits of judicial review of commercial decisions. We have also represented both creditors and debtors in initiating or contesting insolvency proceedings, including cases involving debenture trustees and the nuanced classification of financial debt and default thresholds under the Insolvency and Bankruptcy Code (IBC).
Resolution Plan Implementation and Governance Disputes
We bring deep experience in the complex phase of resolution plan implementation and its challenges. Our work includes advising a potential resolution applicant in one of India’s largest steel sector insolvencies, dealing with asset acquisition and successor liability for regulatory violations. We have also represented former management teams contesting valuation and procedural irregularities in approved plans, addressing the rights of suspended management and the scope of judicial review. Beyond insolvency, we handle corporate governance battles, including oppression and mismanagement disputes and minority shareholder challenges to mergers involving allegations of unfair valuations and fiduciary breaches.
Cross-Border Financial and Asset Issues
Our team frequently navigates cross-border financial obligations and international asset disputes. We have represented clients in winding-up proceedings involving multimillion-dollar debts, complex allegations of fund diversion, and competing claims over reinsurance loan proceeds. In the energy sector, we have asserted contractual rights of first refusal for offshore oil and gas assets held by insolvent entities, highlighting the intricate treatment of foreign assets and specialized contractual rights in global insolvency scenarios.
Real Estate Insolvency and Homebuyer Claims
The real estate sector has presented particularly challenging insolvency matters, where we have acted for financial creditors and developers to balance consumer expectations with the structured creditor hierarchy of the IBC. Our representations include opposing homebuyers seeking possession or refunds outside the insolvency framework and advising on the status of development agreements when a principal developer enters resolution. These cases illustrate our ability to safeguard creditor interests while addressing the unique dynamics of real estate insolvencies.
Our Distinguished Clientele
The Chambers of Senior Advocate Sajan Poovayya has represented an impressive roster of clients across various sectors:
> Major infrastructure development corporations
> Financial institutions, including asset reconstruction companies
> Real estate developers and corporate guarantors
> Energy companies engaged in regulatory disputes
> Debenture trustees and financial creditors
> Resolution professionals and insolvency practitioners
> Banking and financial institutions
Through our extensive experience and successful representation in these diverse corporate and insolvency matters, our chambers has established itself as a trusted advisor and advocate for clients navigating the complex landscape of Indian corporate and insolvency law.
Corporate Insolvency and Stakeholder Representation
The Chambers of Senior Advocate Sajan Poovayya has acted for a diverse range of stakeholders across the entire corporate insolvency spectrum. We have defended approved resolution plans against challenges by employee groups seeking priority payments, clarifying the status of employee claims and the limits of judicial review of commercial decisions. We have also represented both creditors and debtors in initiating or contesting insolvency proceedings, including cases involving debenture trustees and the nuanced classification of financial debt and default thresholds under the Insolvency and Bankruptcy Code (IBC).
Resolution Plan Implementation and Governance Disputes
We bring deep experience in the complex phase of resolution plan implementation and its challenges. Our work includes advising a potential resolution applicant in one of India’s largest steel sector insolvencies, dealing with asset acquisition and successor liability for regulatory violations. We have also represented former management teams contesting valuation and procedural irregularities in approved plans, addressing the rights of suspended management and the scope of judicial review. Beyond insolvency, we handle corporate governance battles, including oppression and mismanagement disputes and minority shareholder challenges to mergers involving allegations of unfair valuations and fiduciary breaches.
Cross-Border Financial and Asset Issues
Our team frequently navigates cross-border financial obligations and international asset disputes. We have represented clients in winding-up proceedings involving multimillion-dollar debts, complex allegations of fund diversion, and competing claims over reinsurance loan proceeds. In the energy sector, we have asserted contractual rights of first refusal for offshore oil and gas assets held by insolvent entities, highlighting the intricate treatment of foreign assets and specialized contractual rights in global insolvency scenarios.
Real Estate Insolvency and Homebuyer Claims
The real estate sector has presented particularly challenging insolvency matters, where we have acted for financial creditors and developers to balance consumer expectations with the structured creditor hierarchy of the IBC. Our representations include opposing homebuyers seeking possession or refunds outside the insolvency framework and advising on the status of development agreements when a principal developer enters resolution. These cases illustrate our ability to safeguard creditor interests while addressing the unique dynamics of real estate insolvencies.
Our Distinguished Clientele
The Chambers of Senior Advocate Sajan Poovayya has represented an impressive roster of clients across various sectors:
> Major infrastructure development corporations
> Financial institutions, including asset reconstruction companies
> Real estate developers and corporate guarantors
> Energy companies engaged in regulatory disputes
> Debenture trustees and financial creditors
> Resolution professionals and insolvency practitioners
> Banking and financial institutions
Through our extensive experience and successful representation in these diverse corporate and insolvency matters, our chambers has established itself as a trusted advisor and advocate for clients navigating the complex landscape of Indian corporate and insolvency law.