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Corporate Insolvency Resolution Process

Corporate Insolvency Resolution Process.

We specialize in guiding clients through the intricate landscape of insolvency restructuring, offering comprehensive support from the initial filing stage to the successful emergence from insolvency. Our extensive experience encompasses various types of insolvency proceedings, including those under Section 7, Section 9, Section 10, Pre-Packaged Insolvency, and voluntary liquidation, under Insolvency & Bankruptcy Code 2016. Our full spectrum of services in this domain includes:


  • Planning and Preparation for Insolvency Initiation:
    We assist clients in developing strategic plans and preparing for the initiation of insolvency proceedings, ensuring a well-prepared and organized approach.
  • Acting as Interim Resolution Professional and Resolution Professional:
    Our team can assume the roles of Interim Resolution Professional (IRP) or Resolution Professional (RP), overseeing and managing the insolvency process in compliance with legal requirements and industry best practices.
  • Advisory and Representation for Members of the Committee of Creditors (CoC):
    We provide expert advice and representation for CoC members, helping them navigate their roles and responsibilities throughout the insolvency process.
  • Advisory and Representation for Promoters and Directors:
    We offer guidance and representation to promoters and directors, assisting them in understanding their rights, obligations, and potential liabilities in the insolvency proceedings.
  • Advisory for Operational Creditors:
    We provide specialized advice and support to operational creditors, ensuring their interests are protected and advocating for their rights throughout the insolvency process.
  • Acting as Authorized Representative to Creditors in Class:
    Our team can act as an authorized representative to creditors belonging to a particular class, representing their interests and ensuring fair treatment in the insolvency proceedings.
  • Preparation and Evaluation of Resolution Plans:
    We assist clients in the preparation and evaluation of resolution plans, offering comprehensive analysis, financial modelling, and strategic insights to optimize the chances of a successful resolution.
  • Conducting Transaction Audits:
    We conduct thorough transaction audits to identify and assess any irregularities, potentially fraudulent activities, or improper transactions that may impact the insolvency process.
  • Drafting and Pleading Before the National Company Law Tribunal (NCLT):
    Our experienced professionals are skilled in drafting comprehensive legal documents and representing clients before the NCLT, ensuring effective communication and presentation of their case.

By leveraging our expertise and in-depth knowledge, we guide clients through the complexities of insolvency restructuring, providing strategic advice, representation, and support at every stage of the process. Our aim is to achieve the best possible outcomes for our clients while ensuring compliance with relevant laws and regulations.