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Expert NCLT Insolvency Lawyers for Pan-India Representation
The Insolvency and Bankruptcy Code, 2016 (IBC) has fundamentally transformed the landscape of corporate insolvency and debt resolution in India. The National Company Law Tribunal (NCLT) is the primary quasi-judicial body that adjudicates all matters related to the insolvency, restructuring, and winding up of companies
Navigating the complexities of the NCLT requires specialized legal expertise and a strategic, time-sensitive approach.
AMLEGALS is a premier Indian law firm with a dedicated team of expert NCLT insolvency lawyers. With a presence in major economic hubs, we provide seamless representation before all NCLT benches across India, including Delhi, Mumbai, Kolkata, Chennai, Bengaluru, and Ahmedabad
Our Comprehensive IBC & NCLT Services
We provide end-to-end legal solutions for all stakeholders in the insolvency ecosystem. Our NCLT advocates are adept at handling the entire lifecycle of insolvency proceedings, from initiation to resolution and appeal
For Financial Creditors (Banks, FIs, ARCs) We assist financial creditors in initiating the Corporate Insolvency Resolution Process (CIRP) to recover their dues effectively. Our services include:
- Strategic advice on initiating insolvency proceedings.
- Drafting and filing robust applications under Section 7 of the IBC.
- Representation in NCLT hearings to ensure the admission of your application.
- Advising and representing you in the Committee of Creditors (CoC) to maximize your financial recovery.
For Operational Creditors (Suppliers, Vendors, Service Providers) If you are struggling with unpaid corporate debts, we can help you leverage the IBC to recover your rightful dues. We provide expert guidance on:
- Issuing the mandatory Demand Notice under Section 8 of the IBC.
- Filing applications under Section 9 of the IBC to initiate CIRP against the defaulting company
- Effectively countering claims of a “pre-existing dispute” to ensure your application is admitted.
For Corporate Debtors Facing an insolvency notice can be daunting. We provide strategic defense for companies to protect their interests. Our approach includes:
- Defending against Section 7 and Section 9 applications.
- Advising on corporate restructuring and revival plans.
- Representing management and promoters during the CIRP.
- Exploring options for settlement and compromise to avoid liquidation.
Why Choose AMLEGALS for NCLT & Insolvency Matters?
- Pan-India Presence: With offices across India, we offer clients effective and immediate representation before any of the 14+ NCLT benches without logistical hurdles
- Strategic & Research-Driven Approach: We analyze every case to identify its strengths and weaknesses, formulating a case-winning strategy tailored to your specific objectives
- Full-Spectrum Expertise: Our practice covers the entire gamut of NCLT jurisdiction, from insolvency under the IBC to matters of oppression and mismanagement, mergers, and class-action suits under the Companies Act, 2013
- Appellate Experience: Our expertise is not limited to the NCLT. We have a proven track record of successfully handling appeals before the National Company Law Appellate Tribunal (NCLAT) and the Supreme Court of India
NCLT Insolvency Process
The IBC is designed for time-bound resolution, typically within a 180 to 270-day timeframe
The key stages include:
- Filing of Petition: A financial or operational creditor files an application to initiate CIRP.
- Admission/Rejection: The NCLT hears both parties and decides whether to admit the case.
- Moratorium & IRP: Upon admission, a moratorium is declared, and an Interim Resolution Professional (IRP) is appointed to take control of the company.
- Resolution or Liquidation: The Committee of Creditors attempts to approve a resolution plan. If no viable plan is found, the company proceeds towards liquidation.
Partner with India’s Leading Insolvency Lawyers
The stakes in NCLT proceedings are incredibly high, impacting the very existence of a company and the recovery of substantial debts. Don’t navigate the complexities of the Insolvency and Bankruptcy Code alone.
Contact AMLEGALS today for a strategic consultation with our expert NCLT insolvency lawyers and secure your financial interests.
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