Insolvency and Bankruptcy Litigation and Support

When a dispute turns into a debt default or insolvency risk, speed and forum strategy become critical. Insolvency proceedings can affect creditors, operational creditors, financial creditors, companies, guarantors, homebuyers and other stakeholders in very different ways.

Pramanika Legal advises clients on demand notices, replies, Section 7, 9 and 10 strategy, claim filing before the interim resolution professional or resolution professional, participation in ongoing insolvency proceedings, settlement strategy, NCLT litigation and related support.

The firm also assists clients who are not initiating insolvency themselves but need to protect their position when a counterparty, builder, company or debtor entity enters insolvency proceedings.

Matters commonly handled

• +Operational creditor and financial creditor strategy
• +NCLT filings and insolvency-related appearances
• +Claim filing before IRP or RP
• +Homebuyer and stakeholder representation in CIRP
• +Settlement and restructuring-linked legal support
• +Advisory on insolvency impact and recovery strategy
• +Section 8 demand notices and replies