DRT Lawyers Kolkata for Applications Under the Insolvency and Bankruptcy Code (IBC) Cases

Are you facing financial distress? Do you need legal assistance to navigate through the complexities of insolvency and bankruptcy cases? Look no further than DRT Lawyers Kolkata! Our team of experienced lawyers specializes in handling applications under the Insolvency and Bankruptcy Code (IBC) to provide you with the best possible legal representation.

When it comes to insolvency and bankruptcy cases, having the right legal expertise is crucial. The IBC was introduced in India in 2016 to consolidate and amend the laws relating to reorganization and insolvency resolution of corporate persons, partnerships, and individuals. It aims to provide a time-bound and efficient mechanism for dealing with insolvent entities and maximizing the value of their assets.

At DRT Lawyers Kolkata, we understand the intricacies of the IBC and have a deep understanding of its provisions. Our team of skilled lawyers has extensive experience in representing clients in various applications under the IBC, including:

  • Corporate Insolvency Resolution Process (CIRP): We assist corporate clients in initiating the CIRP, which involves the appointment of an insolvency professional, the constitution of a committee of creditors, and the formulation of a resolution plan.
  • Individual Insolvency Resolution Process (IRP): We help individuals facing insolvency by guiding them through the IRP, which includes the submission of a bankruptcy application, the appointment of a resolution professional, and the distribution of assets among creditors.
  • Filing of Claims: Our team assists creditors in filing their claims before the insolvency professional or the resolution professional. We ensure that the claims are properly documented and represented to maximize the chances of recovery.
  • Advisory Services: We provide comprehensive advisory services to both debtors and creditors, helping them understand the implications of the IBC and strategize their actions accordingly.
  • Litigation: In case of disputes arising during the insolvency process, our lawyers are well-equipped to handle litigation in the National Company Law Tribunal (NCLT) or the Debt Recovery Tribunal (DRT), representing our clients’ interests.

What sets DRT Lawyers Kolkata apart is our client-centric approach. We prioritize understanding our clients’ unique circumstances and tailoring our legal strategies accordingly. Our lawyers are not only well-versed in the legal nuances of the IBC but also possess the necessary business acumen to provide practical solutions.

“We were facing a challenging insolvency situation, and DRT Lawyers Kolkata was instrumental in guiding us through the entire process. Their expertise and professionalism were commendable, and we achieved a favorable resolution thanks to their diligent efforts.” – Mr. Gupta, CEO of XYZ Industries

When you choose DRT Lawyers Kolkata, you can expect personalized attention, transparent communication, and a commitment to achieving the best possible outcome for your case. We believe in building long-term relationships with our clients, and our track record of successful cases speaks for itself.

If you are grappling with insolvency and bankruptcy issues and need expert legal guidance, contact DRT Lawyers Kolkata today. Our team is ready to assist you in all aspects of applications under the Insolvency and Bankruptcy Code (IBC) and help you navigate through the complexities of the legal process.