Overview of Insolvency & Bankruptcy

Bankruptcy is the legal position of a person or corporation when there is no way to repay debt to creditors.

Insolvency is a state of affairs, whereas bankruptcy is a legal position. When an organization is declared bankrupt, it indicates that it is unable to pay its debts. When a company or individual is declared bankrupt, their obligations must be settled by selling assets or reorganizing the payment system with government assistance.

Our Range of Servicess

  • Negotiations and Arrangements: We facilitate negotiations between creditors and debtors to reach favourable resolutions.
  • Advisory and Support: We offer comprehensive advisory and support services to financial creditors, operational creditors, corporate debtors, and resolution professionals on various aspects of restructuring, refinancing, and the acquisition and sale of stressed assets.
  • Legal Due Diligence: Our team conducts legal due diligence for corporate debtors and operational/financial creditors to ensure all legal aspects are thoroughly examined.
  • Insolvency Resolution: We assist in the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.
  • Legal Representation: Our lawyers are well-versed in filing applications and petitions before the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT).
  • Resolution Planning: We aid in the preparation and implementation of resolution plans for prospective resolution applicants.
  • Representation: LegalRaahi serves as advisors to resolution professionals (RP), committee of creditors (COC), and liquidators, representing them before NCLT, NCLAT, High Courts, and the Supreme Court of India.
  • Liquidations and Voluntary Liquidations: We provide guidance on liquidations and voluntary liquidations under IBC 2016.

Get a LegalRaahi Service

In a world where legal complexities abound, LegalRaahi stands as your reliable partner in securing legal assistance. We believe in the sanctity of personal freedom and are committed to defending your rights.

Why Choose LegalRaahi?

  • Expertise: LegalRaahi offers expertise in navigating complex legal landscapes, ensuring you receive accurate and effective guidance for your legal matters.
  • Personalized Service: Our team provides personalized attention to each client, understanding their unique circumstances and tailoring legal solutions to meet their specific needs.
  • Accessibility: With LegalRaahi, legal assistance is readily accessible to all, breaking down barriers to justice and ensuring everyone has the opportunity to defend their rights.
  • Trustworthiness: Clients can trust LegalRaahi to prioritize their best interests, maintaining integrity and transparency throughout the legal process.
  • Affordability: LegalRaahi offers cost-effective legal solutions, making quality legal assistance accessible to individuals and businesses of all sizes.

Call Us Now: +91 8750005655
Copyright © 2024
| All Rights Reserved |

B-300 Saraswati Vihar, Pitampura,
Delhi, 110034

Apply Now