Insolvency & Bankruptcy (IBC) Disputes
We represent financial and operational creditors, corporate debtors, resolution applicants, homebuyers and other stakeholders in proceedings under the Insolvency and Bankruptcy Code, 2016 before the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT) — and on appeal to the Supreme Court.
Our IBC Services
- Filing and defending corporate insolvency resolution applications
- Acting for financial and operational creditors
- Representing homebuyers as financial creditors in real-estate insolvencies
- Advising resolution applicants and committees of creditors
- Claims, objections and avoidance applications
- Appeals before the NCLAT and the Supreme Court
- Liquidation and related proceedings
Insolvency & Bankruptcy (IBC) Disputes FAQ
A financial creditor, an operational creditor or the corporate debtor itself can initiate a corporate insolvency resolution process before the NCLT, subject to the Code’s thresholds and conditions.
Yes. Following amendments to the IBC, homebuyers are treated as financial creditors and can, subject to the prescribed thresholds, initiate or participate in insolvency proceedings against a defaulting developer before the NCLT.