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Expert Legal Help for Individuals & Businesses Facing Insolvency

796 advocates in this category

Insolvency and bankruptcy are both different but interrelated terms in India. Insolvency is a stage of business where debts are more than assets of the companies, and bankruptcy is a process that provides a legal way to handle the insolvency stage in business. The process of insolvency and bankruptcy is governed by the Insolvency and Bankruptcy Code, 2016 in India. Insolvency process is filled with multiple legal compliance,to handle these processes effectively, taking legal assistance is very helpful for business owners and companies. In the bankruptcy and insolvency process involves multiple steps, like the stage of insolvency of the company, then declaration of bankruptcy, moratorium, resolution plan, liquidation, creating a committee of creditors, and a new start of business.

Top Bankruptcy / Insolvency Advocates

Advocate Sanskar Agarwal
Advocate Sanskar Agarwal
πŸ“ Kailash Colony, Delhi
βœ” Verified Advocate
β˜… 4.0 πŸŽ“ 9 years πŸ—£ English, Hindi
Bankruptcy / InsolvencyBreach of ContractCheque Bounce
Advocate Gunjan Jadwani
Advocate Gunjan Jadwani
πŸ“ Lajpat Nagar - 1, Delhi
βœ” Verified Advocate
β˜… 4.0 πŸŽ“ 10 years πŸ—£ English, Hindi, Sindhi
ArbitrationBankruptcy / InsolvencyBreach of Contract
Advocate Yash Srivastava
Advocate Yash Srivastava
πŸ“ Greater Kailash - 1, Delhi
βœ” Verified Advocate
β˜… 4.0 πŸŽ“ 13 years πŸ—£ English, Hindi
ArbitrationBankruptcy / InsolvencyBreach of Contract
Advocate Anand Duggal
Advocate Anand Duggal
πŸ“ Sagarpur, Delhi
βœ” Verified Advocate
β˜… 4.0 πŸŽ“ 11 years πŸ—£ English, Hindi
Bankruptcy / InsolvencyBreach of ContractCheque Bounce
Advocate Anamika Bajpai
Advocate Anamika Bajpai
πŸ“ New Rajendra Nagar, Delhi
βœ” Verified Advocate
β˜… 4.0 πŸŽ“ 9 years πŸ—£ English, Hindi
Bankruptcy / InsolvencyBreach of ContractCheque Bounce
Advocate Aniket Bhattacharyya
Advocate Aniket Bhattacharyya
πŸ“ Jangpura Extension, Delhi
βœ” Verified Advocate
β˜… 4.0 πŸŽ“ 10 years πŸ—£ Bengali, English, Hindi
Anti CorruptionAnticipatory BailArbitration
Advocate Ankur Gupta
Advocate Ankur Gupta
πŸ“ Krishna Nagar, Delhi
βœ” Verified Advocate
β˜… 4.0 πŸŽ“ 10 years πŸ—£ English, Hindi
Anti CorruptionAnticipatory BailArbitration
Advocate Pulkit Jain
Advocate Pulkit Jain
πŸ“ G.T. Karnal Road, Delhi
βœ” Verified Advocate
β˜… 4.0 πŸŽ“ 8 years πŸ—£ English, Hindi
Anti CorruptionAnticipatory BailBanking / Finance
Advocate Rohit Dandriyal
Advocate Rohit Dandriyal
πŸ“ Uttam Nagar, Delhi
βœ” Verified Advocate
β˜… 4.0 πŸŽ“ 10 years πŸ—£ English, Hindi, Punjabi
Anti CorruptionAnticipatory BailBankruptcy / Insolvency
Advocate Sunny Kadiyan
Advocate Sunny Kadiyan
πŸ“ Bengali Market, Delhi
βœ” Verified Advocate
β˜… 4.0 πŸŽ“ 12 years πŸ—£ English, Hindi, Punjabi
Anti CorruptionAnticipatory BailBankruptcy / Insolvency
Advocate Lakshay Yadav
Advocate Lakshay Yadav
πŸ“ Pitampura, Delhi
βœ” Verified Advocate
β˜… 4.0 πŸŽ“ 8 years πŸ—£ English, Hindi
Anti CorruptionAnticipatory BailArbitration
Advocate Ravi Bharuka
Advocate Ravi Bharuka
πŸ“ Supreme Court, Delhi
βœ” Verified Advocate
β˜… 4.0 πŸŽ“ 12 years πŸ—£ English, Hindi
Anticipatory BailArbitrationBankruptcy / Insolvency
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Bankruptcy and insolvency lawyers analyze the cases and check whether the company qualifies for insolvency under IBC, help the parties in drafting and filling petitions for insolvency, and also represent clients in NCLT and DRT. They also help in the verification of creditors claims, provide legal assistance, and help in the bankruptcy and insolvency process. As well as lawyers, protect parties interests in asset liquidation and resolution plan preparation in India.

Frequently Asked Questions

The cost of bankruptcy and insolvency lawyers is not fixed; it differs for each case and proceeding. It depends on the nature and complexities of the case. Also, it depends on the lawyers experiences and track records in India.

Before choosing lawyers, check the lawyers experiences in representing cases in NCLT, filling insolvency petitions under IBC, knowledge of the IBC and its recent amendments, strong drafting and negotiation skills, and knowledge of using insolvency tools in India.

Insolvent companies need to submit the previous year’s ITR, a list of creditors, loan agreements, bounced cheques, defaulters notices, identity proof, and, if available, prior litigation or arbitration decision documents in India.

No, bankruptcy and insolvency are both different terms. Insolvency is an economic condition of any company or business. Bankruptcy is a legal process that helps businesses or companies to deal with insolvency in India.

You can search the list of lawyers on bankruptcy and insolvency on the Right To Law website, where we provided a list of lawyers who have prominent experience in handling the insolvency and bankruptcy process. You can choose from that list according to your requirements and budget.