Practice

Insolvency and Bankruptcy

Representation of creditors, debtors, resolution applicants and promoters under the Insolvency and Bankruptcy Code, 2016.

SR Legal represents creditors, corporate debtors, resolution applicants, promoters and other stakeholders in proceedings under the Insolvency and Bankruptcy Code, 2016.

Where the firm appears

The firm appears regularly before the National Company Law Tribunal, including its benches at Delhi, Chandigarh, Jaipur and Allahabad, and before the National Company Law Appellate Tribunal, the High Courts and the Supreme Court of India.

The proceedings

Its work covers applications to initiate the corporate insolvency resolution process by financial and operational creditors, the conduct of the resolution process, the preparation and challenge of resolution plans, and liquidation proceedings. It also handles claims and objections before resolution professionals, and challenges to preferential, undervalued and fraudulent transactions.

Real estate projects

The firm has particular experience in insolvency proceedings affecting real estate projects, where the interests of lenders, developers and homebuyers must be addressed together.