The Revised Companies law has brought significant changes to the original Act enacted in 1956. The Company Law Board, the Board for Industrial and Financial Reconstruction, and the Appellate Authority for Industrial and Financial Reconstruction have been replaced by the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT). The new bodies comprise both judicial and technical members. A retired High Court Judge with at least five years of service is eligible to serve as the President of the National Company Law Tribunal (NCLT). Our firm offers a wide range of legal services pertaining to Company Laws. We regularly appear and actively represent Clients before all NCLTs and both NCLATs located in New Delhi, Mumbai, Ahmedabad, Pune, Bangalore, Lucknow/Allahabad, Chennai, among other locations where the firm has offices and in other locations through local representatives/associates. Our team of corporate lawyers has extensive experience and is well-versed in meeting the practical requirements of our clients.
Khurana & Khurana is experienced in representing corporations, venture capital and private equity firms, boards of directors, board committees, individual officers, and directors and representing them before various judicial forums. We counsel clients on means to mitigate litigation risk in connection with significant corporate and commercial transactions. We majorly help in drafting, negotiating, and finalizing relevant transaction documents and appearing before the tribunal/Adjudicating Authority.
India has finally brought in an effective mechanism for initiating insolvency proceedings against the financially defaulting companies by way of The Insolvency and Bankruptcy Code, 2016. This Code provides for the procedure for insolvency resolution process, in case of a defaulting corporate debtor. Thus, a preliminary recognition of the financial distress of a company is very important for the timely resolution of insolvency.
Our firm provides excellent legal support to our clients by advising them on various facets of Indian corporate laws and the legal and regulatory framework that affect their day-to-day business. We at Khurana & Khurana (K&K) have a team of highly experienced lawyers whose primary objective is client satisfaction and to efficiently get the deal/transaction done. We provide strong and effective assistance and core representation in identifying potential areas of risk in our client’s business as well as mitigating and eliminating the same.
Our firm offers a comprehensive range of legal services to our clients, covering various areas of law. We assist our clients in practicing before the NCLT and handle matters related to the incorporation of companies in India and abroad. Our expertise extends to corporate approvals, secretarial compliances, joint ventures, wholly owned subsidiaries, and holding companies. We provide guidance and support in mergers and acquisitions, security and project finance documentation, as well as restructuring and reorganization processes. Our services also cover the establishment of branch offices, liaison offices, and representative offices, along with matters related to FEMA exchange control and regulatory compliance.
We handle distribution, agency, and franchise agreements, foreign collaborations, and joint ventures, including the recovery of investment by international fund managers. Our firm assists clients in schemes of arrangements, debt restructuring, foreign direct investment, and matters related to VAT laws in India. We also provide legal support in winding-up and liquidation proceedings, securities laws and regulations, corporate and shareholders’ disputes, corporate restructuring and reconstruction, as well as misfeasance and oppression actions. Our team handles negotiations, documentation, and securitization matters, including personal loans, secured loans, vehicle loans, house loans, and mortgages. We also have experience in arbitration proceedings, protection against mortgage possessions, and proceedings before Recovery Officers appointed by the Debt Recovery Tribunal (DRT). With our diverse expertise, we strive to provide our clients with comprehensive and effective legal representation in a wide range of legal matters.
Exemplary Forums that K&K represents clients in: