Practice Area

Insolvency & Bankruptcy

Proceedings before the NCLT and NCLAT for financial and operational creditors, and for corporate debtors.


The Insolvency and Bankruptcy Code 2016 runs to a timetable that does not accommodate an unprepared party. Admission, moratorium, constitution of the committee of creditors, resolution and liquidation follow one another quickly, and a creditor who files late is a creditor bound by decisions taken without them.

We act for financial and operational creditors in section 7 and section 9 applications, for corporate debtors resisting admission, and for resolution applicants and committee members through the resolution process, before the NCLT and on appeal to the NCLAT.

For an operational creditor the threshold question is almost always the pre-existing dispute. A dispute genuinely raised before the demand notice defeats a section 9 application, and it is frequently the difference between recovering under the Code and recovering through a suit.

Key Highlights


  • 01Section 7 applications by financial creditors and section 9 by operational creditors
  • 02Defending admission, including on limitation and pre-existing dispute
  • 03Representation of the committee of creditors and of resolution applicants
  • 04Avoidance actions: preferential, undervalued and fraudulent transactions
  • 05Personal guarantor insolvency, and liquidation proceedings
  • 06Appeals before the NCLAT and the Supreme Court

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Other Practice Areas