The Insolvency & Bankruptcy Code (IBC), 2016, has transformed the corporate insolvency landscape in India, providing structured legal mechanisms for resolving financial distress in a time-bound manner. Whether you are a financial creditor, operational creditor, corporate debtor, or resolution professional, understanding the intricacies of corporate insolvency resolution, debt restructuring, and asset recovery is crucial.

At Corporate Professionals, our dedicated Insolvency Resolution Team specializes in corporate restructuring, distressed asset resolution, and debt recovery strategies. With extensive experience in handling over 25+ corporate insolvency resolution processes (CIRP), we provide end-to-end advisory and legal representation before the National Company Law Tribunal (NCLT), National Company Law Appellate Tribunal (NCLAT), and regulatory bodies.

Key Questions We Address:

  • How can creditors recover dues from defaulting companies under IBC?
  • What are the steps involved in initiating the Corporate Insolvency Resolution Process (CIRP)?
  • How can corporate debtors protect their interests during insolvency proceedings?
  • What legal rights and obligations do resolution professionals have?
  • How can investors acquire distressed assets and participate in the resolution process?

From creditor representation to distressed business turnaround, financial restructuring, and resolution planning, our services cover all aspects of insolvency resolution and corporate debt restructuring.

Key Offerings

Representation for Financial Creditors

Financial creditors, including banks, NBFCs, and institutional lenders, play a crucial role in insolvency proceedings. Our legal team assists financial creditors in:

  • Strategizing & Filing Insolvency Petitions: We guide creditors in initiating CIRP by preparing and filing necessary petitions before NCLT, ensuring compliance with IBC regulations.
  • Debt Recovery Planning: We assist in assessing financial risks, securing collateral, and devising recovery strategies for defaulting borrowers.
  • Representation Before NCLT & NCLAT: We provide strong legal representation in insolvency admission cases, resolution plan approvals, and litigation defense.
  • Filing & Verification of Claims: Our experts handle the preparation and submission of claims with resolution professionals to maximize creditor recoveries.
  • Committee of Creditors (CoC) Representation: We represent financial creditors in CoC meetings, ensuring their interests are safeguarded during the resolution process.

Assistance for Operational Creditors

Operational creditors, including suppliers, vendors, and service providers, often face difficulties in recovering dues. Our team assists in:

  • Assessing Claim Validity & Filing Applications: We evaluate outstanding dues, prepare demand notices, and file insolvency applications to initiate CIRP.
  • Legal Representation in Disputes: We represent operational creditors before NCLT & NCLAT in claim rejection disputes, resolution challenges, and enforcement matters.
  • Recovery of Dues & Legal Remedies: We assist in negotiating settlements, enforcing debt recovery actions, and pursuing alternate dispute resolution mechanisms.

Advisory & Compliance Support for Resolution Professionals (RP/IRP)

Resolution Professionals (RP) and Interim Resolution Professionals (IRP) play a critical role in managing the CIRP process. We provide comprehensive legal and compliance support in:

  • Managing Insolvency Proceedings: We assist IRPs/RPs in issuing public notices, verifying claims, and managing day-to-day affairs of the corporate debtor.
  • Constitution of Committee of Creditors (CoC): We facilitate the formation of CoC, conducting meetings, and preparing detailed resolution plans.
  • Regulatory Compliance & Documentation: Our team assists in drafting Information Memorandums (IM), conducting due diligence, and filing reports with NCLT.
  • Legal Representation for RPs: We represent RPs in litigation, disputes with creditors, and regulatory approvals for resolution plans.

Support for Resolution Applicants & Investors

Investors looking to acquire distressed assets and participate in CIRP require expert guidance. We assist in:

  • Identifying & Evaluating Distressed Deal Opportunities: We provide strategic insights into viable acquisition targets, financial risks, and asset valuation.
  • Preparation & Submission of Resolution Plans: Our team ensures that resolution applicants meet IBC eligibility criteria, structure competitive resolution plans, and secure regulatory approvals.
  • Legal Due Diligence & Compliance: We conduct legal and financial due diligence on distressed companies, assessing liabilities, risks, and restructuring opportunities.

Insolvency & Bankruptcy Advisory

Corporate Professionals offers specialized training, compliance assessments, and legal advisory on insolvency matters, including:

  • IBC Training & Workshops: Educating businesses on insolvency laws, creditors’ rights, and legal remedies.
  • Pre-Insolvency Risk Assessment: Conducting insolvency health checks to identify financial risks, pending regulatory compliance, and potential legal actions.
  • Due Diligence on Corporate Debtors: Reviewing contracts, sub-contracts, creditor agreements, and financial obligations before initiating insolvency proceedings.

Corporate Debtor Representation & Restructuring

For companies facing financial distress, we provide turnaround strategies and legal representation to protect business interests. Our services include:

  • Due Diligence & Risk Assessment: We conduct comprehensive evaluations of financial health, regulatory obligations, and operational challenges.
  • Legal Representation in Insolvency Proceedings: We represent corporate debtors before NCLT/NCLAT to defend against insolvency admission petitions and negotiate resolution plans.
  • Regulatory Compliance & Governance Improvement: We assist in updating statutory records, ensuring financial compliance, and restructuring debt obligations.
  • Debt Restructuring & Business Revival Plans: Our experts develop workable restructuring strategies to help businesses regain financial stability.

Service approach that guarantees efficiency

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Strategic Legal Planning & Risk Management

We develop customized insolvency strategies based on financial assessments, regulatory analysis, and market conditions, ensuring the best possible outcomes for stakeholders.

Regulatory Compliance & NCLT Representation

Our team ensures strict compliance with IBC regulations and provides robust representation before insolvency tribunals, regulators, and appellate authorities.

Investor & Creditor-Focused Resolution

We facilitate structured resolution planning, balancing the interests of creditors, distressed businesses, and potential investors to maximize recovery and asset value.

Comprehensive Support Across the Insolvency Lifecycle

From pre-insolvency advisory to resolution execution, our solutions cover every stage of the insolvency process, ensuring seamless legal and financial management.

Contact Us

Ensure timely, legally compliant, and financially strategic insolvency resolution with our expert-led services.

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