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Angad Varma

Dua Associates

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Position: Partner
Rating:
  • Notable practitioner
Practice Areas:
Restructuring and insolvency
Restructuring and insolvency
Jurisdictions:
Biography

Angad is a Partner in the Dispute Resolution Practice at the Gurugram office of Dua Associates, with over 16 years of experience advising on complex and high-stakes corporate disputes. Angad advises government enterprises, international and domestic corporations, financial institutions, and individual clients across a broad range of matters. Having previously worked in-house with a leading international bank, he brings a strong commercial perspective to disputes, enabling him to align legal strategy with business objectives.

Angad has a core focus on insolvency and restructuring, representing financial and operational creditors, resolution professionals, and liquidators at all stages of proceedings under the Insolvency and Bankruptcy Code, 2016. He regularly advises on resolution processes, liquidation proceedings, and related litigation before adjudicating authorities and appellate forums.

In addition, Angad has extensive experience handling high-value and complex civil, commercial, and corporate litigation involving contracts, company law, constitutional and regulatory matters, consumer disputes, debt recovery, dishonour of cheques, environmental law, foreign exchange regulations, labour and employment, land acquisition, intellectual property, and real estate.

He regularly appears before the Supreme Court of India, various High Courts, District Courts, and Tribunals, and has experience in commercial arbitrations.

Recent matter/case highlights
  • Represented Assets Care and Reconstruction Enterprise Ltd before the NCLT, NCLAT, and the Supreme Court of India in the ongoing Corporate Insolvency Resolution Process for Northern India, M/s Supertech Ltd, involving claims of approx. INR 417 Crores.
  • Represent SWAMIH Investment Fund I before the NCLT and NCLAT, New Delhi, on the issue of recognition of its pre-CIRP lending as ‘Interim Finance’ under Section 5(15) of the IBC. The NCLT ruled in favour of SWAMIH, holding that its funding qualifies as Interim Finance.
  • Represented IDBI Trusteeship Services Ltd before the NCLT, NCLAT, and the Supreme Court of India on the maintainability of a Section 7 application against a corporate guarantor under Section 60(2) of the IBC. The Supreme Court affirmed the decision of the NCLAT that proceedings against a corporate guarantor are to be filed before the same forum where proceedings against the principal borrower have been filed, setting it as a binding precedent.
Key practice areas
  • Project development
  • Real estate finance
  • Restructuring and insolvency
  • Structured finance/securitisation
  • Corporate & commercial disputes
Sector expertise
  • Banking
  • Construction and materials
  • Energy
  • Financial services
  • Government and public policy
  • Real estate
Academic qualifications
  • LLB, Symbiosis Law College, Pune, 2007
  • Diploma in International Business Laws and Corporate Laws, Symbiosis Society’s Law College, Symbiosis International University, Pune
Bar Admissions
  • Bar Council of India
  • Delhi Bar Association
Address:
704 – 705, Global Business Park, Tower B , M. G. Road,
Gurugram, Haryana, 122002
India
Tel:+91 98 1026 0505 Email:Contact this practitioner Website:https://www.duaassociates.com/