Insolvency and Bankruptcy Law
Our firm has specialists dealing with Insolvency and Bankruptcy law since its inception and have advised and counseled clients regarding recovery of debt and Corporate Resolution Process. The firm is appearing in large number of cases before NCLTs, NCLAT for our clients for recovery of dues, encashment of performance bank guarantee, on issues of application of GTCS read with provisions of IBC, homebuyers litigation under IBC. We also provide consultancy to Asset Restructure Companies from their incorporation to management pertaining to their debt assignment.
With intense labour, this firm achieved heights in the landmark case of A.P. Transco Ltd. v. Equipment Conductors before the Supreme Court of India, where order of NCLAT of wielded threats of insolvency issued to Government Company was struck down and it was held that while there is an existing dispute, such wielded threats may not be issued by Appellate forums like NCLAT. And appeal pending before NCLAT was dismissed by Supreme Court itself.