Insolvency and Bankruptcy

    The Insolvency and Bankruptcy Code (“the Code”) aims at giving a sense of security to the creditor(s) by providing for a time bound resolution of insolvency within a period of 180 days. The entire process of Insolvency Resolution under the Code is carried out and managed by an "Insolvency Professional" who is a regulated and licensed professional. Insolvency Professional(s) form a crucial pillar upon which rests the effective, timely functioning as well as credibility of the entire edifice of the insolvency and bankruptcy resolution process. Our Founding and Managing Partner, Mr. RP Vats is a qualified Insolvency Professional and is registered with the Insolvency and Bankruptcy Board of India. In order to effectively conduct the Insolvency Resolution Process, we have our team of professionals comprising of insolvency professionals, lawyers, consultants, chartered accountants, company secretaries and support staff.

    We provide holistic legal solutions to financial and operational creditors, corporate applicants, LLPs and other partnership firms and also to individuals. We conduct pre-litigation consultations for both creditors and debtors. In case of failure of Insolvency Resolution Process i.e. non-resolution of insolvency/bankruptcy, we assist clients by instituting and pursuing judicial remedies for recovery and relief.

    Our vast experience in handling recovery matters at DRT and DRAT; matters under the Sick Industries Companies Act (SICA) before the Board for Industrial Financial Reconstruction and Appellate Authority for Industrial and Financial Reconstruction; insolvency matters in District Courts and High Court; and Company matters including winding up matters before High Court and NCLT, gives us a leverage to conduct insolvency and bankruptcy proceedings before both the NCLT and the DRT respectively.