Luthra and Luthra

Aakarshan Sahay

Partner Designate


+91 11 4121 5100


Aakarshan has been extensively and actively involved in significant matters relating to Insolvency and Bankruptcy Code and regularly appears before various National Company Law Tribunal (NCLT), National Company Law Appellate Tribunal (NCLAT) and the Hon’ble Supreme Court.  He has ably advised and represented Resolution Professionals, Resolution Applicants as well as the Committee of Creditors (CoC) in numerous Corporate Insolvency Resolution Process.

Given his diverse and rich litigation experience, spanning well over a decade and dealing with wide a multitude of laws, Mr. Sahay brings to the table his comprehensive set of skills and insightful appreciation of complex legal issues. The same are truly valued by the Clients and make him and the Firm a first choice for public sector undertakings and other public and private sector undertakings for pursuing litigation and obtaining opinions, particularly in the fields of arbitration, civil litigation and insolvency resolution.

Experience Statement

  • Acted for various Resolution Professionals in the Corporate Insolvency Resolution Process (CIRP) for Shree Maheshwar Hydel Power Corporation Ltd, EPC Constructions India Ltd, Cinema Ventures Private Ltd, Proview Infrastructure Private Ltd, Nitya Realtech Ltd, Bharti Defence and Infrastructure Ltd, Crest Steel and Power Pvt. Ltd and Dash Exports Pvt. Ltd.
  • Acted for the Committee of Creditors in the Corporate Insolvency Resolution Process for Ruchi Soya Industries Ltd, Dadi Impex Pvt. Ltd, and Lavasa Corporation.
  • Acted for the Resolution Applicants in the Corporate Insolvency Resolution Process for Vardhman Industries Ltd and Haryana Telecom Ltd
  • Acted for IREDA for initiating corporate insolvency resolution process against different corporate debtors.
  • Representing NHPC in the substantive arbitration against M/s Larsen & Toubro Limited for Lot2 and Lot5 of the Project, which entity was awarded the contract for “Construction of HRT intake structures, head race tunnels, surge chamber, pressure shafts, tail race channel, audits and a surface powerhouse” on the Subansiri flowing between the states of Assam and Arunachal Pradesh, where the package claim amount is INR 1908 Crores.
Bar Enrolment
  • Bar Council of Delhi


  • BLS. LL.B. – Government Law College, Mumbai
  • LLM – Kurukshetra University

Awards / Recognition

  • Recognized as Best Individual Lawyers under 10 years of experience in Insolvency & Bankruptcy in the Forbes Legal Powerlist 2021.
Related Articles
ALB-Sanjeev-Top 50-lawyers
Congratulations- Partner, Sanjeev Kumar!
Partner, Sanjeev Kumar has been recognised as ALB’s 2024 Top 50 Dispute Lawyers in Asia.
Comp- July
Competition Law Newsletter
TMT June
TMT Newsletter
BloombergNEF Clean Energy Tables H1- Legal Advisors for Asset Finance Deals
Luthra and Luthra Law Offices India is ranked 1st in India as Legal Advisors for ‘Asset Finance Deals’...
Partner, Rubal Bansal Maini quoted on Outlook
Partner, Rubal Bansal Maini shared her insightful views with Outlook in an article titled, ‘Budget...
Union-Budget-2024 (Sanjeev)
Partner, Sanjeev Kumar quoted on Moneycontrol...
Partner, Sanjeev Kumar shared his insightful views with Moneycontrol on ‘Union Budget 2024: Increase...
Partner Designate, Itee Singhal invited by ICSI...
Partner Designate, Itee Singhal was recently invited to take a virtual session on the aspects of ‘Restructuring,...
DT- June 24
Direct Tax Newsletter
Harish Kumar SEBI-action
Partner, Harish Kumar quoted on the HinduBusinessLine
Partner, Harish Kumar shared his insightful views with The Hindu BusinessLine for an article titled,...
Piyush NCLT-Asks-Sadbhav
Partner, Piyush Mishra quoted in The Economic Times
Partner, Piyush Mishra shared his insightful views with The Economic Times in an article titled, ‘NCLT...


Current rules of the Bar Council of India impose restrictions on maintaining a web page and do not permit lawyers to provide information concerning their areas of practice. Luthra and Luthra Law Offices India is, therefore, constrained from providing any further information on this web page.

The rules of the Bar Council of India prohibit law firms from soliciting work or advertising in any manner. By clicking on ‘I AGREE’, the user acknowledges that:

The user wishes to gain more information about Luthra and Luthra Law Offices India, its practice areas and its attorneys, for his/her own information and use

The information is made available/provided to the user only on his/her specific request and any information obtained or material downloaded from this website is completely at the user’s volition and any transmission, receipt or use of this site is not intended to, and will not, create any lawyer-client relationship

None of the information contained on the website is in the nature of a legal opinion or otherwise amounts to any legal advice.

Luthra and Luthra Law Offices India, is not liable for any consequence of any action taken by the user relying on material/information provided under this website. In cases where the user has any legal issues, he/she in all cases must seek independent legal advice.