INSOLVENCY& BANKRUPTCY LAW
INSOLVENCY & BANKRUPTCY LAW
Our team specialises in providing services pertaining to insolvency and bankruptcy laws. The team consists of individuals having deep and comprehensive understanding of insolvency and bankruptcy laws and years of practice experience.
Prior to introduction of the Insolvency & Bankruptcy Code, 2016, the legal landscape for insolvency & bankruptcy was fragmented across numerous enactments i.e. the Sick Industrial Companies (Special Provisions) Act, 1985, Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the Recovery of Debts due to Banks and Financial Institutions Act (RDDBFI Act), 1993, and others.
The Code was introduced to address the lacuna and shortcomings in the insolvency laws in the country and provide a comprehensive, consolidated and effective framework for insolvency resolution and restructuring of defaulting companies with intention to ensure revival of such companies, maximization of assets and protection of interests of all stakeholders.
Our team actively represents financial institutions, lending institutions, banks, asset reconstruction companies, real-estate companies, multi-national and international conglomerates, infrastructure and manufacturing companies, home-buyers, resolution professionals, resolution applications and other key stakeholders.
Our team regularly represents clients before the Hon’ble National Company Law Tribunals all over India, National Company Law Appellate Tribunal and the Supreme Court in matters pertaining to insolvency and bankruptcy.
Choose Agarwal & Dhanuka Legal - Advocates
Our team’s comprehensive, deep and wide knowledge of the Insolvency & Bankruptcy Code, 2016 has garnered a reputation before its clients to provide speedy and effective solutions.
Our team believes that the insolvency & bankruptcy ecosystem in the country is witnessing consistent evolution which is a key component in driving the economy and protecting the interest of various stakeholders.
Our team has represented various clients and been involved in high profile and reported matters in the Insolvency & Bankruptcy Code, 2016.