Alok Dhir


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.

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 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.

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
Dhir & Dhir Associates is a full service law firm in India, established in 1993 with offices in Delhi and Mumbai and alliances with associate lawyers across the country.

The firm focuses on Corporate Restructuring & Insolvency, M&A, Dispute Resolution, TMT, Banking & Finance, Power & Infrastructure, Oil & Gas, Real Estate, Private Equity, Capital Markets & Securities Laws, Foreign Direct Investment & Regulatory, General Corporate commercial advisory etc

The firm represents many large, small and medium businesses, multinational corporations, banking & financial institutions as well as public sector undertakings, ministries, government authorities, NGOs etc.

The firm’s expertise coupled with effective and practical solutions, which are delivered on time are factors cited by the clients when they choose us to advise them on their most complex disputes, transactions and projects.


Managing partner Alok Dhir is regarded by market commentators as “the king of insolvency in India” and “one of the trusted names” in this market. Work highlights include defending Deccan Chronicle Holdings in the insolvency court as well as advising on the restructuring of its liabilities.
Chambers-Asia Pacific, 2015