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H.N.DATTA
& CO.
NOTARY& ADVOCATES
Since 1937
Insolvency & Bankruptcy Law
Home/Practice Areas/Insolvency & Bankruptcy Law
Practice Area 01 · SPECIALIZED

Insolvency & Bankruptcy Law

Advising creditors, corporate debtors and other stakeholders on insolvency, restructuring and bankruptcy matters.

Practice Overview

Advising and representing creditors, corporate debtors and other stakeholders in insolvency, restructuring and bankruptcy-related matters before the NCLT and NCLAT.

Areas of Work

Services and Representation

Proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC)
Corporate insolvency resolution proceedings before the National Company Law Tribunal (NCLT)
Representation of financial and operational creditors
Claims before resolution professionals and liquidators
Liquidation, voluntary liquidation and dissolution proceedings
Personal guarantor insolvency matters
Debt restructuring and settlement advisory
Appeals and related proceedings before the National Company Law Appellate Tribunal (NCLAT)

Relevant Laws and Regulations

Matters within this practice area are evaluated under primary enactments, rules, and statutory authorities including:

  • Insolvency and Bankruptcy Code, 2016 (IBC)
  • IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
  • IBBI (Liquidation Process) Regulations, 2016
  • NCLT and NCLAT Rules, 2016
Process & Methodology

Key Procedural Stages

1

Default Evaluation & Section 8 Demand Notice

Reviewing debt records, ledger reconciliations, and serving mandatory statutory demand notices.

2

NCLT Petitions (Section 7 / 9 / 10)

Filing insolvency petitions before the National Company Law Tribunal and arguing admission.

3

CIRP Representation & Committee of Creditors

Filing claims before the Interim Resolution Professional (IRP) and voting representation on the CoC.

4

Resolution Plan Scrutiny & NCLAT Appeals

Advising on Resolution Plans, liquidation orders, and appellate appeals before NCLAT.

Advisory Guidance

Frequently Asked Questions

The statutory threshold for initiating Corporate Insolvency Resolution Process under Section 4 of the IBC is currently INR 1 Crore.
Legal Engagement

Facing Debt Defaults or Insolvency Proceedings?

Consult with our IBC advocates regarding NCLT representation, CIRP claims, or debt restructuring.

Contact Chambers
H.N. Datta & Co. acts in adherence to Bar Council of India guidelines. Consultations are arranged strictly upon formal request.