Corporate Recovery

Corporate Recovery

Our Corporate Recovery practice provides services for recovery of dues to clients by closely working with them to analyse their unique situations and provide them with the tailored guidance about most suited viable options available. The options for corporate recovery are:

Insolvency and Bankruptcy Code, 2016

Insolvency Proceedings under the Insolvency and Bankruptcy Code is the best way to maximise asset value. The code is largely creditor friendly with collective proceedings empowering a committee of creditors to make commercial decisions for the resolution of corporate debtor. Our Firm is fully geared to advice clients on various aspects relating to their reorganisation and insolvency resolution. The strong expertise in core commercial and corporate laws, coupled with the understanding of various business sectors enables the firm to deliver holistic and effective guidance to the Clients.

Our firm has been involved in several matters involving the Code, representing both creditors as well as debtors before various Company Law and Appellate Tribunals. The firm has represented creditors in various sectors and specifically, the team has rendered advisory and consultancy services to creditors on various potential issues that could arise as a result of an interplay between the Code and other applicable laws. The firm has also initiated insolvency resolution process and sought relief before the NCLT on behalf of various Clients. The firm supports with a strategic combination of advisory and litigation throughout the course of the insolvency proceedings to our Clients in order to safeguard their financial interests.

We are well-experienced with the legal protocol, with services that include:

  • Strategy & Advisory Services
  • Filing/Defending the Application
  • Assisting Revival/Resolution
  • Handling Liquidation Process
  • Recovery and Execution

Arbitration and Conciliation Act, 1996

If contract between the parties has an arbitration clause, arbitration can be initiated and conducted in India. Our firm is also skilled in Arbitration, an alternate dispute resolution, which is a valuable alternative to litigation. Our firm emphasis on providing innovative and at the same time efficient legal solution

Traditional Civil RecoveryProceedings

If there is no arbitration clause in the contract, then we can pursue civil remedy for recovery of money by way of institution of a suit in a court of appropriate jurisdiction. Our firm has been involved in successfully representing several matters involving the recovery suit, representing both creditors as well as debtors before various courts.

Traditional Criminal Penal Action

In certain cases, there may be causes by which we can initiate criminal actions also. The commonly used remedy is by way of institution of proceedings under Section 138 of the Negotiable Instruments Act, 1881. Our firm has been successfully involved in several matters under Section 138 of the Negotiable Instruments Act, 1881before various courts.

Corporate Recovery