Parth Gokhale is a Partner in the firm’s Banking & Finance and Insolvency & Bankruptcy practise with over 9 years of experience. He has significant experience in insolvency and bankruptcy, restructuring and bank enforcement mandates.

Parth has worked on some of the largest assignments under the Insolvency and Bankruptcy Code, 2016 including the resolution processes of Essar Steel, Alok Industries, Uttam Galva Steels, Jaypee Infratech, and Ruchi Soya. He regularly advises diverse stakeholders, including lenders, resolution professionals and resolution applicants in respect of the resolution process and related documentation and in litigation strategy for banks and financial institutions in choosing the appropriate strategy for enforcement/resolution.

Specifically, Parth has advised on enforcement strategy in relation to invocation of pledge, SARFAESI actions and enforcement of personal and corporate guarantees.

Parth also acts on out of court restructuring transactions in a stressed scenario including on documentation and regulatory advisory.

Select Experience Statement

• Committee of Creditors led by State Bank of India on the corporate insolvency resolution process of Essar Steel India Limited and its subsequent acquisition by Arcelor Mittal Nippon Steel for approximately US$ 7 billion, and in related enforcement of promoter guarantees.
• Resolution Professional of Alok Industries Limited on the conduct of the corporate insolvency resolution process and acquisition by a consortium of Reliance Industries Limited and JMFARC.
• Committee of Creditors led by State Bank of India on the corporate insolvency resolution process of Uttam Galva Steels Limited.
• Committee of Creditors led by IDBI Bank Limited on the corporate insolvency resolution process of Odisha Slurry Pipeline Infrastructure Limited.

Professional Memberships

• Bar Council of Maharashtra and Goa

Education

• B.A., LLB (Hons.) from The West Bengal National University of Juridical Sciences (NUJS), Kolkata