NCLT Law Firm – Expert Corporate Insolvency & Tribunal Legal Services
AMLEGALS is a specialized NCLT law firm providing comprehensive legal representation before the National Company Law Tribunal across India. Our experienced team handles complex corporate insolvency proceedings, debt resolution matters, and tribunal advocacy under the Insolvency and Bankruptcy Code 2016 and Companies Act 2013.
Comprehensive NCLT Legal Services
Corporate Insolvency Resolution Process
Our NCLT law firm provides complete legal support for corporate insolvency proceedings:
Section 7 Applications: Financial creditor representation with debt recovery exceeding Rs. 1 crore
Section 9 Petitions: Operational creditor applications for insolvency initiation
Section 10 Proceedings: Corporate debtor voluntary insolvency applications
Resolution Plan Development: Strategic planning and approval processes
Committee of Creditors Representation: Creditor rights protection and voting guidance
Liquidation and Winding Up Services
We handle all aspects of corporate liquidation proceedings:
Voluntary liquidation process management
Compulsory liquidation representation
Asset realization and distribution oversight
Liquidator appointment and supervision
Stakeholder coordination and compliance
Companies Act 2013 Tribunal Matters
Our firm represents clients in various Companies Act proceedings:
- Merger and amalgamation approvals
Scheme of arrangement and compromise
Reduction of share capital matters
Oppression and mismanagement cases
Corporate governance compliance disputes
Industry Expertise and Specialization
Financial Services Sector
Our NCLT law firm handles complex matters involving:
Banking and financial institution insolvency
Non-banking financial company proceedings
Asset reconstruction company matters
Mutual fund and insurance sector disputes
Regulatory compliance and enforcement
Infrastructure and Real Estate
We provide specialized representation for:
Infrastructure project insolvency cases
Real estate development company proceedings
Construction industry debt resolution
Housing finance company matters
Project finance restructuring
Manufacturing and Industrial Sectors
Our services extend to:
Industrial company insolvency proceedings
Manufacturing sector debt restructuring
Supply chain financing disputes
Export-import business matters
Technology and startup company proceedings
NCLT Jurisdiction and Multi-Location Practice
AMLEGALS operates across multiple NCLT benches nationwide:
Mumbai Bench: Maharashtra and Goa jurisdiction
Delhi Bench: NCR and northern states coverage
Ahmedabad Bench: Gujarat and surrounding regions
Chennai Bench: Tamil Nadu and southern states
Kolkata Bench: West Bengal and eastern states
Bengaluru Bench: Karnataka and neighboring areas
Legal Process and Methodology
Pre-Application Assessment
Comprehensive case evaluation and viability analysis
Documentation review and completeness verification
Strategic planning and timeline development
Stakeholder consultation and coordination
Regulatory compliance assessment
Application Filing and Representation
Form preparation and accurate submission
Supporting document compilation and organization
Hearing scheduling and case management
Professional advocacy and argument presentation
Settlement negotiation and facilitation
Post-Order Implementation
Order compliance monitoring and guidance
Resolution plan implementation support
Asset transfer and distribution oversight
Regulatory filing and notification assistance
Ongoing legal advisory services
Specialized Practice Areas
Cross-Border Insolvency
Our firm handles international insolvency matters:
Foreign creditor representation in Indian proceedings
Cross-border asset recovery and enforcement
International cooperation and coordination
Multi-jurisdictional debt restructuring
Regulatory compliance across jurisdictions
Pre-Packaged Insolvency Resolution
We provide expertise in the new pre-pack framework:
MSME-focused resolution processes
Expedited timeline management
Pre-negotiated resolution plan development
Stakeholder consensus building
Regulatory approval facilitation
Corporate Debt Restructuring
Our restructuring services include:
Out-of-court settlement negotiations
Strategic debt restructuring schemes
Asset reconstruction and revival planning
Business turnaround strategies
Operational restructuring guidance
Professional Standards and Approach
Technical Expertise
Our NCLT law firm maintains:
Deep understanding of IBC provisions and amendments
Comprehensive knowledge of NCLT rules and procedures
Regular updates on regulatory changes and precedents
Specialized training in corporate insolvency law
Continuous professional development programs
Why AMLEGALS as NCLT Law Firm?
Proven Track Record
Extensive experience in complex insolvency matters
Successful resolution of high-value corporate cases
Strong relationships with tribunals and stakeholders
Recognized expertise in specialized practice areas
Consistent client satisfaction and referrals
Multi-Disciplinary Approach
Our integrated legal services include:
Corporate law and governance advisory
Regulatory compliance and enforcement
Debt recovery and enforcement mechanisms
Commercial litigation and arbitration
International legal coordination
Strategic Partnerships
We maintain professional relationships with:
Insolvency professionals and resolution specialists
Chartered accountants and financial advisors
Asset valuation and auction experts
International law firms and consultants
Industry associations and regulatory bodies
Industries and Sectors Served
Our NCLT law firm provides services across diverse sectors:
Banking and financial services
Information technology and telecommunications
Healthcare and pharmaceuticals
Energy and infrastructure
Manufacturing and industrial
Real estate and construction
Retail and consumer goods
Transportation and logistics
Frequently Asked Questions
Q: What is the minimum debt threshold for filing NCLT applications?
A: The minimum default amount is Rs. 1 crore for both financial and operational creditors under the current IBC provisions.
Q: How long does the corporate insolvency resolution process take?
A: The standard timeline is 180 days with a possible 90-day extension, totaling maximum 270 days excluding litigation periods. But, it varies depending upon the applications filed by different stakeholders and many other unforeseen factors.
Q: Can foreign entities participate in NCLT proceedings?
A: Yes, foreign creditors and investors can participate in Indian insolvency proceedings subject to regulatory compliance and documentation requirements.
Q: What are the key differences between Section 7 and Section 9 applications?
A: Section 7 applies to financial creditors with financial debt relationships, while Section 9 covers operational creditors providing goods or services with payment defaults.
Q: How are employee claims treated in insolvency proceedings?
A: Employee dues for 24 months preceding insolvency initiation are treated as preferential payments ranking above other unsecured creditors.
Q: Can NCLT proceedings be settled through negotiation?
A: Yes, parties can reach settlements or one-time settlement arrangements subject to creditor approval and tribunal consent at various stages.
Q: What documentation is required for NCLT application filing?
A: Requirements include board resolutions, financial statements, default evidence, demand notices, and prescribed forms depending on the application type.
Q: How does the Committee of Creditors function?
A: The CoC comprises financial creditors who vote on resolution plans, liquidation decisions, and other critical matters with decisions requiring specified voting thresholds.
Q: What happens if no resolution plan is approved?
A: The company proceeds to liquidation under a court-appointed liquidator who realizes assets and distributes proceeds according to legal priority.
Q: Can NCLT orders be appealed?
A: Yes, NCLT orders can be appealed to the National Company Law Appellate Tribunal (NCLAT) within specified time limits and procedural requirements.
This comprehensive content addresses the technical aspects of NCLT practice while maintaining professional standards and providing valuable information for potential clients seeking specialized legal representation.
Contact for NCLT
To know more about our law firm’s specialised practice in NCLT, please feel free to connect with the following:
- Email: info@amlegals.com or rohit.lalwani@amlegals.com
- Boardline : +91-8448548549
- Offices: Ahmedabad | Bengaluru | Chennai | Mumbai | New Delhi | Kolkata | Prayagraj | Pune | Surat
