Insolvency & Bankruptcy Code 2016

Insolvency & Bankruptcy Code 2016

The Insolvency and Bankruptcy Code, 2016 is one of the most effective reforms brought in with the potential of transparently and expeditiously resolving India’s overwhelming nonperforming assets (NPAs) conundrum. IBC believes in the concept of ‘creditor in control’ and aims at maximising the value and revival potential of the distressed corporate debtor.

Having a team extensively dedicated to IBC, we provide assistance in the following matters:

Drafting notices and applications required to initiate Corporate Insolvency and Recovery Proceedings (CIRP).
Representation before NCLT prior to the admission of the CIRP.
Assistance in preparation and implementation of the Resolution plan.
Training and mentoring on the IBC,2016 and associated regulations including timelines, meeting procedures, etc.,
Structuring financial transactions under the IBC,2016 in compliance with tax laws and other regulatory frameworks.