Regarded as a renowned restructuring, bankruptcy, infrastructure and project finance attorney, Bahram Vakil was appointed as a key member of the Bankruptcy Law Reforms Committee (BLRC), chaired by Dr. T K Viswanathan and constituted by the Ministry of Finance to draft the Insolvency and Bankruptcy Code, 2016 (IBC). Bahram is also a member of the Insolvency Law Amendment Committee, constituted by the Ministry of Corporate Affairs for recommending amendments to the IBC.
As part of his restructuring and bankruptcy experience, Bahram has advised bidders, insolvency professionals, domestic and international banks, hedge funds and interim financiers under the IBC, including the large stressed accounts referred to insolvency resolution by the RBI.
Considered by multiple leading publications amongst the most well reputed restructuring and banking & finance lawyers in the country, Chambers Global states that, “Bahram Vakil is an instantly recognizable figure who is commended for his being able to ‘get into the details’ of more complex matters. Vakil’s strength lies in his ability to bring the commercial point of view to the table.”
Bahram also served on the U.K. Sinha Committee – Working Group on Foreign Investment in India, Financial Sector Legislative Reforms Committee (FSLRC) – SEBI Advisory Group and SEBI Sub – Group on Regulatory Guidelines for Redeemable Non – Convertible Preference shares.