Phoenix Legal is a full-service Indian law firm offering transactional, regulatory, advisory, dispute resolution, and tax services. The firm advises a diverse clientele including domestic and international companies, banks and financial institutions, funds, promoter groups, and public sector undertakings.
Phoenix Legal was formed in 2008 and now has 11 Partners and 75 lawyers in its two offices (New Delhi and Mumbai) making it one of the leading law firms in the country.READ MORE
In a recent decision in India Resurgence ARC Pvt. Ltd. v. M/s Amit Metalinks Ltd. & Anr.1, the Hon'ble Supreme Court held that a security interest available to a dissenting financial creditor over the assets of the corporate debtor does not give it a right over and above other financial creditors. Thus, the dissenting financial creditor cannot enforce the entire security interest and bring about an inequitable scenario by receiving amounts beyond the receivable liquidation value proposed for the same class of creditors. The present article briefly summarises the findings of the Hon'ble Supreme Court in the decision mentioned above.Read More
Emergency arbitrations are conducted in pursuance of an agreement between the disputants, often on short notice due to the scarcity of time and urgency of the relief sought. Parties prefer invoking provisions for emergency arbitration for seeking interim reliefs, which would prevent the frustration of the subject matter of the dispute. Emergency arbitration has gained prominence in the context of the Indian arbitral regime as the Amazon-Future group dispute made it to the headlines. The present article briefly discusses the important aspects of emergency arbitrations and their current status in India.Read More
Phoenix Legal continues to outperform the top 40 in client satisfaction scores..."-2017 Indian Law Firm Ranking and Report by RSG Consulting
Phoenix Legal punches well above its weight in terms of size"-2017 Indian Law Firm Ranking and Report by RSG Consulting