Practice Areas


Mukesh Chand currently serves as Senior Counsel at Economic Laws Practice (ELP).

A senior banking and insolvency law expert with over 32 years of experience across the legal and banking areas, Mukesh has handled some of the biggest and most complicated cases under IBC and personal insolvency in India. Prior to ELP, he served with the Stressed Assets Resolution Group of State Bank of India, where he has spearheaded legal strategies in handling IBC matters and has also made several representations before Parliamentary Committees/and Courts on important issues. Mukesh was also instrumental in devising Guidelines and Manuals for State Bank SARG, teams.

Prior to working with the State Bank of India, he was part of SIDBI’s legal team. At SIDBI he was involved with setting up and operationalizing India’s first Receivable Exchange, TReDs of Receivable Exchange of India Ltd (a joint venture of NSE and SIDBI) right from the stage of conceptualization to putting in place operational mechanisms and guidelines. He was also part of team for setting up of subsidiaries of SIDBI including Mudra Bank, RXIL and has also worked on policies/ legal documents and rules of RXIL for online discounting of receivables.

During the course of his career, Mukesh has been a member on various committees (of the organizations he has worked with) including the Credit, Risk/ Restructuring, FATCA, NPA, Vigilance and Product Innovation Committees.

A thought leader in the area of IBC, Mukesh regularly authors articles on the topic for various publications.

SC asks runaway guarantors to pay. Will this change the corporate borrower-lender equation?

7 Dec 2023 | Read More

Landmark Ruling of the Supreme Court on Personal Guarantors under IBC will shape the Future of Lender-Creditor Dynamics

24 Nov 2023 | Read More

IBBI Proposes Reforms For Efficient Corporate Resolution: All You Need To Know ADVERTISEMENT IBBI Proposes Reforms For Efficient Corporate Resolution: All You Need To Know

4 Nov 2023 | Read More

Lenders fear taxmen will eat into recovery pie

2 Nov 2023 | Read More

How can an NRI open a RBI retail direct account to invest in government bonds and T-bills?

2 Nov 2023 | Read More

Supreme Court affirms non applicability of the Doctrine of Election under the Insolvency and Bankruptcy Code, 2016

25 Oct 2023 | Read More

Why are banks and financial services firms in RBI’s line of fire?

20 Oct 2023 | Read More

Breaking barriers. IBBI’s new measures aim to boost efficiency in personal guarantor insolvency

30 Sep 2023 | Read More

Empowering home buyers: IBBI’s game changing amendments in IBC regulation

22 Sep 2023 | Read More

IBBI’s game changing reforms: Bridging gaps & boosting efficiency in corporate insolvency

20 Sep 2023 | Read More

NCLAT Provides Clarity That IBC Is Not A Debt-Recovery Mechanism

12 Sep 2023 | Read More

Lending is challenging, recovery is tricky

1 Sep 2023 | Read More

BoB withdraws auction notice, says Sunny Deol offered to settle dues

28 Aug 2023 | Read More

Rs 1.12 lakh crore stuck: When will investors of Sahara para banking, Sahara Real Estate, Sahara Housing Investment get their money?

26 Jul 2023 | Read More

Stressed realty projects: IBBI exempts certain home buyers from regulatory fee

24 Jul 2023 | Read More

Priority of Dues of Secured Creditor under the Insolvency and Bankruptcy Code, 2016

18 Jul 2023 | Read More

Can Go First take off once again?

27 Jun 2023 | Read More

Government Exempts Petroleum Assets From Moratorium; Aviation, Telecom May Be Next

20 Jun 2023 | Read More

Banks opt to go slow on fraud classification

9 May 2023 | Read More

Can GoFirst still be a going concern? Yes, no, maybe: Legal experts grope in the dark

5 May 2023 | Read More

Why does SBI want SC to clarify its fraud account ruling?

19 Apr 2023 | Read More

Financing & The Hospitality Sector

7 Apr 2023 | Read More

Rights of Creditors and Protection of Individual Right of Borrower/Promoters

31 Mar 2023 | Read More

Reliance Capital’s Insolvency: Value Maximisation Prevails Over Process Sanctity

6 Mar 2023 | Read More

A compilation of some recent judgements on critical issues under the Insolvency and Bankruptcy Code (IBC) and Banking

27 Feb 2023 | Read More

Securitization of Stressed Assets framework (SSAF): Discussion paper of the Reserve Bank of India (RBI)

24 Feb 2023 | Read More

SEBI consultative paper for framework for protection of interest of public equity shareholders in case of listed companies during CIRP under IBC

19 Jan 2023 | Read More

Interplay of some of the recent judgements under IBC

18 Jan 2023 | Read More

Alternative funding, tech-friendly and personalised services to boost digital lending, say experts

6 Dec 2022 | Read More

IBC journey so far

20 Oct 2022 | Read More

In a big policy shift RBI allows asset reconstruction companies to be resolution applicant under Insolvency and Bankruptcy Code, 2016

12 Oct 2022 | Read More

Legal updates on banking sector

12 Oct 2022 | Read More

India’s Road Map for Digital Lending – Action Points for The Lenders

4 Oct 2022 | Read More

Policy shift IBBI allows Insolvency Professional Entity to become an IP

3 Oct 2022 | Read More

Trust Theory, Security and Margin Money: The effect of Moratorium under the Insolvency and Bankruptcy Code on such Transactions

28 Sep 2022 | Read More

Stage set for hybrid resolutions and faster realization of assets under insolvency and bankruptcy code

20 Sep 2022 | Read More

IBBI bars RPs from accepting or sharing fees with other professionals

15 Sep 2022 | Read More

RCap insolvency: Will creditors lose out in the resolution?

1 Sep 2022 | Read More

Recent landmark judgements of the Supreme Court under IBC

30 Aug 2022 | Read More

IBC cases: For every Rs.100 of claims admitted, banks took haircut of Rs.69

25 Aug 2022 | Read More

MC explains: SBI’s insolvency plea against Jaiprakash Associates may lead to tough times for homebuyers

9 Dec 2023 | Read More

ELP Knowledge Series India Update Part 3 of 2022

9 Dec 2023 | Read More

IBBI chief urges creditors to file for default fast

9 Dec 2023 | Read More

ELP Knowledge Series India Update Part 1 of 2023

9 Dec 2023 | Read More

The Delhi High Court decides the issue of conflict between the provisions of SARFAESI Act and SEBI Act in the context of Bank’s right to enforce securities

9 Dec 2023 | Read More

Challenges in Loan Recovery and Individual Fundamental Right of Movement in India: Analyzing Complexities and Legal Implications

9 Dec 2023 | Read More
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