Insolvency and Bankruptcy

Insolvency proceedings require conviction in the decisions taken at the stage of initiation due to their tendency to escalate. The actions in the early phase often determine the extent of participation, settlement viability, and the eventual outcome. For resolution professionals, routine procedural steps are frequently scrutinised against statutory standards and tribunal expectations.

The firm advises corporate debtors at the stage of initiation and during admission proceedings, with particular focus on assessing default, solvency, service, and settlement pathways available under the Code. Advisory is also provided to resolution professionals during the conduct of the corporate insolvency resolution process, with emphasis on statutory compliance, documentation discipline, and process integrity. The firm represents stakeholders before the adjudicating authority in applications arising out of the process, including matters concerning withdrawal, procedural objections, and conduct of CIRP.