IBC Law Firm: Expert Guidance on Insolvency & Bankruptcy Code
Navigating the complexities of the Insolvency and Bankruptcy Code, 2016 (IBC) requires a well-thought-out strategy and specialized legal expertise.
As a premier IBC law firm, AMLEGALS provides comprehensive litigation and advisory services for all matters related to corporate insolvency, liquidation, and restructuring. We represent financial and operational creditors before the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT), ensuring your interests are protected throughout the time-bound resolution process.
Our Expertise in IBC & NCLT Litigation
Our team, with a presence in key cities like Ahmedabad, Mumbai, New Delhi, and Bengaluru, possesses deep domain knowledge of the IBC.
We are adapted at handling high-stakes, complex cases by developing strategies that are both innovative and effective. Our lawyers regularly appear before various benches of the NCLT, which is the primary adjudicating authority for insolvency proceedings in India.
We manage the entire lifecycle of an insolvency case, from filing applications to ensuring compliance with NCLT orders, recognizing that a court’s true power lies in the enforcement of its decisions
Comprehensive Services Under the IBC
Our firm offers end-to-end legal solutions under the IBC, including:
- Initiation of Corporate Insolvency Resolution Process (CIRP): Filing applications on behalf of Financial Creditors (Section 7) and Operational Creditors (Section 9).
- Representation before NCLT & NCLAT: Appearing in all hearings, from admission to final disposal, across all NCLT benches.
- Advisory for Committee of Creditors (CoC): Providing strategic legal advice to CoC members to maximize recovery.
- Liquidation Process: Guiding stakeholders through the liquidation process as stipulated under the Code.
- Restructuring & Resolution Plans: Drafting, reviewing, and negotiating resolution plans for prospective applicants.
- Appeals: Challenging NCLT orders before the NCLAT, the designated appellate body.
Strategic Approach to Insolvency Proceedings
Tailored Strategies: AMLEGALS emphasizes the importance of a well-crafted strategy from the outset of any insolvency proceeding, ensuring the interests of creditors are protected at every stage.
Comprehensive Representation: The firm represents both operational and financial creditors, as well as corporate debtors, guiding clients through the intricacies of the IBC process.
Proactive Debt Recovery: Companies and employees have increasingly leveraged the IBC since December 2016 to recover outstanding debts, with AMLEGALS facilitating numerous successful applications before the NCLT.
Why AMLEGALS as IBC Law Firm?
Proven Track Record: The firm has filed a substantial number of IBC applications, reflecting its deep expertise and client trust.
Nationwide Reach: With a presence in major cities and the ability to handle cases across all NCLT benches, AMLEGALS ensures seamless legal support wherever required.
Adaptability: The team stays ahead of regulatory changes, anticipating amendments to the IBC and adapting strategies to address emerging challenges in insolvency law.
The Central Role of the NCLT and NCLAT
Constituted under the Companies Act, 2013, the National Company Law Tribunal (NCLT) is the quasi-judicial body at the heart of India’s corporate law framework. Under the IBC, it is the main tribunal for all company and Limited Liability Partnership (LLP) bankruptcy cases.The National Company Law Appellate Tribunal (NCLAT) was established to hear appeals against NCLT orders, ensuring a structured and fair judicial process.
Our firm’s extensive experience with both tribunals allows us to navigate their procedures, including e-filing and case tracking, effectively for our clients.
5 Q&A related to IBC Working
Legal support for the Committee of Creditors (CoC) involves providing strategic advice during meetings, evaluating resolution plans for compliance and viability, ensuring the commercial wisdom of the CoC is protected, and representing their interests to maximize recovery for all financial creditors.
Contact Info
To know about our advisory & litigation services in IBC in Mumbai, Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Pune, Prayagraj, Vapi, Vadodara and Surat, You may contact us for a confidential consultation and to take the next step towards regulatory compliance and business growth.
- Email: info@amlegals.com or rohit.lalwani@amlegals.com
- Boardline : +91-8448548549
- Offices: Ahmedabad | Bengaluru | Chennai | Mumbai | New Delhi | Kolkata | Prayagraj | Pune | Surat
