Senior Counsel Column · Unified Chambers
Subodh Bajpai
Advocate · Senior Partner, Unified Chambers and Associates
Practising before the Delhi High Court · National practice across all 39 Debt Recovery Tribunals
“A borrower's rights under SARFAESI begin the moment a Section 13(2) notice arrives — not the day the secured creditor moves to take possession.”
Education
MBA Finance, XLRI Jamshedpur (2023-25)
LLM, LLB · University of Delhi
MA Political Science · Delhi University
Featured in
Forbes India · Entrepreneur Magazine
Moneycontrol · LiveMint · Outlook
Hindustan Times · Fortune India
Practice
Areas of Expertise
Six core practice domains with a national footprint across India's recovery and insolvency tribunals.
SARFAESI Act 2002
SARFAESI Enforcement
Section 13(2) demand notices, 13(4) measures, Section 17 DRT appeals, and challenges to symbolic / physical possession proceedings.
IBC 2016
Insolvency & Bankruptcy
Corporate CIRP under Section 7/9, personal guarantor insolvency under Part III (Sections 94-100), and resolution-plan negotiations before NCLT.
RDDB Act 1993
DRT / DRAT Proceedings
Recovery proceedings before all 39 Debt Recovery Tribunals, DRAT appeals (50% deposit requirement), and writ remedies before the High Courts.
Companies Act 2013 + IBC
NCLT / NCLAT
Corporate matters under Section 230-232 schemes, oppression and mismanagement petitions, and IBC resolution-plan approvals.
FEMA 1999
FEMA & Cross-Border
FEMA opinions for NRI clients on capital-account transactions, repatriation, LRS limits, and DTAA-treaty interactions.
RBI Master Directions
Banking & Recovery
RBI compromise-settlement guidelines, OTS negotiations, NPA classification challenges, and prudential-norm compliance disputes.
The Column
Recent Writing
- 01IBC 2016 Part III|3h ago|11 min read
IBC 2016 Personal Guarantor Insolvency: NCLT Procedure, Moratorium, and Promoter Defences
Part III of the IBC went live for personal guarantor insolvency on 15 November 2019. Sections 94, 95, 96, 100 and the 2021 Lalit Kumar Jain Supreme Court ruling explained.
- 02SARFAESI Act 2002|7h ago|13 min read
SARFAESI Section 13(2) Demand Notice: Complete Borrower Defence Playbook
A 60-day Section 13(2) SARFAESI notice is not the end of the road. Here is the statutory defence playbook every borrower should run before lenders invoke Section 13(4) possession.
The Firm
Unified Chambers and Associates
India's debt-recovery focused law firm, operating across all 39 Debt Recovery Tribunals. Unified Chambers represents both lenders and borrowers in SARFAESI proceedings, IBC matters, NCLT cases, and cross-border FEMA opinions.
Engagement
For consultation on a SARFAESI notice, DRT proceeding, IBC matter, or cross-border FEMA question, write to the editorial desk and we will connect you to Unified Chambers.
Request a ConsultationAll articles in the Senior Counsel Column are written by Subodh Bajpai and reviewed by Oquilia's editorial desk against primary regulatory materials. Citations are verified against indiankanoon.org, indiacode.nic.in, and rbi.org.in. Found a factual error? Tell the editor.