Insolvency & Bankruptcy

The IBC is the umbrella law for insolvencies and reorganisations in India. India enacted wide reaching reforms in insolvency and bankruptcy laws. Under the IBC code one can expect speedy recovery of a debt. In this process, companies may not only discharge their debt towards the lenders but also try to save their business after satisfaction of their debts.

Our team at Sakshi Legal supports clients with advisory and litigation services. Our strong expertise in commercial and corporate laws, coupled with the understanding of various business sectors allow us to deliver comprehensive and effective guidance to the Clients and protect their financial interests.


Our practice area in Insolvency and Bankruptcy Law encompasses the following :


Corporate insolvency resolution:


  • navigating the Insolvency Resolution Process under IBC
  • Ensuring compliance with applicable regulation
  • Guidance of Debt restructuring, negotiation with creditors & formulating effective resolution plan

Individual Bankruptcy:


  • Filing Bankruptcy Petition
  • Negotiation with creditors & formulating viable repayment plans

Insolvency Litigation:


  • Fraudulent transactions, preferential transactions, and challenges to resolution plans before the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT).

Debt Recovery:


  • Assist Creditors in recovering outstanding debts & maximising recovery options.
  • Provide guidance on initiating insolvency proceedings, enforcing security interest
  • Representing creditors in Debt recovery Tribunals and Courts.

Insolvency Resolution Professionals (IRPs) and Resolution Professionals (RPs):


  • Assisting in compliance with statutory obligations
  • Advising on resolution processes
  • Representing professionals in legal proceedings

Restructuring and Reorganization:


  • Advise businesses on strategies for financial restructuring and reorganization.
  • debt-equity swaps
  • mergers & acquisitions and
  • other corporate restructuring transactions

Advisory and Compliance:


  • Compliance with statutory requirements
  • Risk assessment
  • Developing effective insolvency management strategies

At Sakshi Legal, our aim is to provide our clients with comprehensive and effective legal solutions in the field of Insolvency and Bankruptcy Law in India. With our deep understanding of the legal landscape and our commitment to client success, we strive to achieve optimal outcomes in all matters related to insolvency and bankruptcy.

Contact us today to schedule a consultation with our experienced IBC Law team.