EXPERIENCE
We have represented clients in some of the world’s largest and most complex disputes, including domestic and deal litigation, corporate governance disputes, white collar and regulatory defense, commercial litigation, securities litigation, bankruptcy litigation, complex settlements, appeals, and arbitration
Guide to Indian Insolvency and Bankruptcy Law”
The Insolvency and Bankruptcy Code (IBC) is a significant legislation in India that revolutionized the insolvency and bankruptcy framework in the country. It was enacted in 2016 with the aim of addressing and resolving insolvency and bankruptcy issues in a time-bound and efficient manner, while safeguarding the interests of all stakeholders involved.
The primary objective of the Insolvency and Bankruptcy Code is to provide a comprehensive legal framework for the resolution of insolvency and bankruptcy cases, whether it be for corporates, individuals, or partnership firms. It seeks to promote the revival and reorganization of financially distressed entities, protect the rights of creditors, and ensure a transparent and accountable process for resolving insolvency.
The IBC introduced a unified and time-bound process for insolvency resolution, shifting from the earlier fragmented and time-consuming processes. It established the Insolvency and Bankruptcy Board of India (IBBI) as the regulatory authority overseeing the implementation of the Code.
AKMLAWCHAMBERS
- Experience and Expertise: Our firm brings extensive experience in handling insolvency and bankruptcy cases. We have a deep understanding of the complexities involved and a track record of achieving successful outcomes for our clients.
- Compassionate Guidance: We understand the challenges associated with financial distress. Our team provides compassionate guidance and support, helping you navigate the legal process with empathy and care.
- Strategic Solutions: We are dedicated to finding practical and strategic solutions to your insolvency and bankruptcy matters. Our attorneys work tirelessly to protect your interests and help you achieve the best possible results.
- Collaborative Approach: We believe in building strong client relationships based on collaboration and trust. We work closely with you, keeping your goals and concerns at the forefront of our legal strategies.
