Insolvency & Bankruptcy (IBC) Before the NCLT

Q: How does this service relate to your other insolvency services?

This service focuses on proceedings and representation before the NCLT - filing applications, defending petitions, and navigating the process - while our separate insolvency services cover the professional roles such as the IRP, RP, and Liquidator. Together they cover both.

Q: Our company has received an insolvency petition - what should we do?

A corporate debtor should respond carefully and promptly, as the process is time-bound with significant consequences. We help assess the petition, prepare a response, and provide representation support, working with legal counsel where required, to protect the company's position.

Filing, Defending, and Navigating Insolvency Proceedings at the Adjudicating Authority

The Insolvency and Bankruptcy Code, 2016 (IBC) is administered through the National Company Law Tribunal, which acts as the adjudicating authority for corporate insolvency. Whether you are a creditor seeking to initiate proceedings to recover dues, a corporate debtor responding to an application, or another stakeholder participating in a case, the proceedings before the NCLT are technical, time-bound, and consequential. Effective preparation and representation can make a decisive difference to the outcome.

Our insolvency and bankruptcy services focus on proceedings before the NCLT under the IBC — assessing your position, preparing and filing applications, responding to petitions, and providing representation support alongside legal counsel where required. For the professional roles within the process, see our dedicated insolvency services covering the IRP, RP, and Liquidator. This service also connects with our company law matters and corporate litigation support.

Our Insolvency & Bankruptcy (IBC) Services

Creditor Applications

Preparing and filing applications to initiate insolvency before the NCLT.

Debtor Defence

Assisting corporate debtors in responding to insolvency petitions.

Claim Submission

Support for creditors in submitting and substantiating their claims.

Demand Notice Support

Assistance with the demand notice step for operational creditors.

Representation Support

Representation support in NCLT proceedings, with counsel where required.

Process Navigation

Guiding stakeholders through the time-bound stages of the process.

Benefits of Professional IBC Support

Clear assessment of your position and options under the IBC
Accurately prepared applications and responses
Effective handling of the time-bound NCLT process
Support for both creditors and corporate debtors
Representation support before the adjudicating authority
Better prospects of protecting your interests

Frequently Asked Questions

What is the role of the NCLT under the IBC?

Under the Insolvency and Bankruptcy Code, the National Company Law Tribunal serves as the adjudicating authority for corporate insolvency. It admits or rejects insolvency applications, oversees key stages of the process, and adjudicates disputes that arise. Most corporate insolvency proceedings therefore centre on applications and hearings before the NCLT.

How does this service relate to your other insolvency services?

This service focuses on the proceedings and representation before the NCLT — filing applications, defending petitions, and navigating the process. Our separate insolvency services cover the professional roles within the process, such as the Interim Resolution Professional, Resolution Professional, and Liquidator. Together they cover both the tribunal proceedings and the conduct of the process.

I am a creditor — how do I initiate insolvency proceedings?

The route depends on whether you are a financial or operational creditor. Operational creditors generally must first issue a demand notice before applying. We assess your claim, confirm the correct process, prepare the application, and support you through filing and the NCLT proceedings to pursue recovery of your dues.

Our company has received an insolvency petition — what should we do?

A corporate debtor facing an insolvency petition should respond carefully and promptly, as the process is time-bound and the consequences are significant. We help assess the petition, prepare an appropriate response, and provide representation support — working with legal counsel where required — to protect the company's position before the NCLT.

Why is professional support important in IBC proceedings?

IBC proceedings before the NCLT are technical, strictly time-bound, and have serious consequences for creditors and debtors alike. Proper preparation of applications and responses, correct procedure, and effective representation are essential. Professional support helps ensure your case is presented properly and your interests are protected throughout.

Navigate IBC Proceedings with Confidence

Support for insolvency and bankruptcy proceedings before the NCLT for creditors and debtors.