People

Our team includes counsels, associates and paralegals who work as an extension of our clients’ team.

Some of the key members include:

Shraddha Ray Menon

Shraddha Ray Menon

Founder
shraddha@tagbenchassociates.com

Neil Dawes Bhutani

Neil Dawes Bhutani

Principal Associate
Policy & Legal Risk
neil@tagbenchassociates.com

Ankit Mishra

Ankit Mishra

Senior Associate
Corporate Finance
ankit@tagbenchassociates.com

Shruti Agarwal

Shruti Agarwal

Counsel
Mediation & ADR
shruti@tagbenchassociates.com

Aman Ahmed

Aman Ahmed

Associate
Technology & Data Privacy
aman@tagbenchassociates.com

Payal Singh

Payal Singh

Para Legal
White Collar Investigation & Technology Laws
payal@tagbenchassociates.com

Clients

CIRP PPIRP
Applicability
Applicable for all Individuals, Partnerships, LLP, Body Corporates Applicable for MSMEs registered under Section 7 of the MSME Act, 2006
Eligibility to file the application to Adjudicating Authority
Financial creditors, Operational Creditors and Corporate Debtor can initiate CIRP Corporate Debtor alone can initiate PPIRP
Default amount
INR 1 crore (due to pandemic) INR 10 lakhs
Control and Management of the Corporate Debtor
Creditor-in-possession regime Debtor-in-possession regime
Time allowed to conclude the process
180 days + 90 days Extension 120 days
Preparation of Resolution Plan
RP prepares the Resolution Plan after taking into account all claims from Creditors Corporate Debtor prepares the Base Resolution plan which may be revised as suggested by Financial Creditors and RP to include new claims identified.
Role of NCLT
NCLT is involved in appointment of RP and approval of resolution plan from CoC NCLT only adjudges the resolution plan after CoC approves it.

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