Distressed Assets
Our Distressed Assets team is highly skilled and knowledgeable with capabilities in managing litigation mandates with an astute ability to find the best way forward. The close collaboration of expert lawyers from various practice areas, including regulatory, corporate, banking and finance, dispute resolution, and sector domains, contributes to the success of our practice and makes it possible for us to offer practical and all-inclusive restructuring solutions.

We actively serve clients across the power, real estate, infrastructure, manufacturing, technology, aviation and transport industries.
Core Areas of Expertise
- Representing financial creditors, corporate debtors, operational creditors, resolution applicants, resolution professionals and suspended board of directors in the initiation of and during the insolvency resolution proceeding, including corporate insolvency resolution processes, liquidation proceedings, takeovers and related litigation
- Advice on drafting and implementation of resolution plans for distressed companies
- Advising on the effect of Insolvency Laws on various transactions and assets being acquired from potentially insolvent corporates
- Advising on loans and investments to help determine further course with potentially insolvent corporates
- Representing clients in the NCLT, NCLAT, and the Supreme Court with its competent litigation teams based in Mumbai, Delhi, and Bengaluru.
- Preparing Pre-pack insolvency plans
Reach us to assess, how we can partner with your business.
We are always looking to partner with businesses where we can add value. Write to us to learn about how we can support you.
Hear it from them
"The lawyers are DVA are exceptional lawyers and have been our go-to legal advisors. They are solution oriented, business focused and always available to us."
Suprio BoseVIce President, Piramal Capital & Housing FInance
"The team at Dhaval Vussonji & Associates, has advised us on a fair bit of finance work. Representing us in disbursements and lending for borrowers, pan India. We have also sought their good counsel for advice on restructuring for our borrowing portfolio, to ensure cohesive and efficient systems.
The firm's responsiveness, commercially sound advice and their ability to understand the nuances of our business, is why we appreciate their contribution."
JM Financial
"We could rely on the team at DVA for our transaction to transfer a VC fund to an AIF. The legal acumen displayed by the astute minds at the firm, hugely helped us navigate this mammoth task. "
Akshat PandyaAditya Birla Capital, Head- Real Estate Investments fund
"The Team at DVA stands out for their nuanced and thoughtful advise especially on our more contentious and complicated matters. They bring to the table a strong understanding of the legal regime around real estate as well as debt recovery and insolvency laws. Their advise is both practical and well-grounded in commercial realities.
The Team at DVA has been hugely helpful and managed to solution for us. Our disputes practice overall, needed the kind of good counsel and advice they provided"
Pramit MohantyDirector Legal at Altico Capital India Private Limited
"Having myself worked for over 15 years with a more than 100 year old law firm before switching to a corporate, I am gladdened to see that M/s Dhaval Vussonji & Associates is a modern day law firm which manages to successfully blend the age old traditions of advocacy with the new age fast paced and technologically forward demands of commercial and corporate laws.
With a dedicated team of Advocates who provide a very personal touch and quick turn around times they bring a certain commercial perspective to law which is well beyond the the abilities of many corporate lawyers and which is much appreciated by businesses as it bolsters their decision making abilities.
Their ability to provide unique out of the box solutions for contentious issues and the ability to find a winning solution at any cost in the face of grave adversity makes them the ideal law firm to brief when the going gets tough
"
Firdaus PavriDGM Legal, Shapoorji Pallonji Real Estate
“The team at DVA has advised us on several
of our large real estate transactions, be it
title diligence of several hundreds of
acres of village land to acquisition of
prime properties in metropolitan cities to
share purchase and shareholding
agreements and schemes of
rearrangement. I have found them
capable and knowledgeable in their
subject matter. They are very quick in
understanding commercial requirements
and are extremely solution oriented.
I have found the team at DVA to be very
effective in time bound assignments”.
Majid HurzukGeneral Manager-LegalShapoorji Pallonji Real Estate Pvt Ltd
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Companies we’ve worked with






Hear it from them
"The lawyers are DVA are exceptional lawyers and have been our go-to legal advisors. They are solution oriented, business focused and always available to us."
Suprio BoseVIce President, Piramal Capital & Housing FInance
"The team at Dhaval Vussonji & Associates, has advised us on a fair bit of finance work. Representing us in disbursements and lending for borrowers, pan India. We have also sought their good counsel for advice on restructuring for our borrowing portfolio, to ensure cohesive and efficient systems.
The firm's responsiveness, commercially sound advice and their ability to understand the nuances of our business, is why we appreciate their contribution."
JM Financial
"We could rely on the team at DVA for our transaction to transfer a VC fund to an AIF. The legal acumen displayed by the astute minds at the firm, hugely helped us navigate this mammoth task. "
Akshay PandyaAditya Birla Capital, Head- Real Estate Investments fund
"The team at Dhaval Vussonji & Associates, has advised us on a fair bit of finance work. Representing us in disbursements and lending for borrowers, pan India. We have also sought their good counsel for advice on restructuring for our borrowing portfolio, to ensure cohesive and efficient systems. The firm's responsiveness, commercially sound advice and their ability to understand the nuances of our business, is why we appreciate their contribution."
Geetanjali MirchandaniJM Financial, Managing Director & Head Origination, JM Financial Ltd.
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