Legal Situs advises and represents clients in matters governed by the Insolvency and Bankruptcy Code, 2016. The firm assists financial creditors, operational creditors, corporate debtors, and other stakeholders in proceedings before the National Company Law Tribunal (NCLT) and allied forums.
The practice involves handling insolvency proceedings with strict adherence to statutory timelines, regulatory requirements, and procedural frameworks prescribed under the Code. The firm provides legal assistance throughout the insolvency resolution process, including the filing and verification of claims, representation during hearings, and handling of related litigation arising from insolvency proceedings.
Legal Situs also advises clients on compliance-related issues, resolution plans, and legal obligations during the Corporate Insolvency Resolution Process (CIRP). Each matter is approached with a structured understanding of insolvency law, tribunal procedures, and judicial precedents, ensuring clarity, procedural discipline, and informed legal representation at every stage of the process.
