Insolvency & Bankruptcy

We at Auric Law Partners have professionals to advice clients including creditors, debtors, home buyers, corporates, banks, non-banking financial companies, trusts and government institutions etc. on complex restructurings of distressed assets along with contingency planning, debt restructuring, distressed mergers, amalgamations and acquisitions or sales, credit bidding, insolvency proceedings, refinancing and distressed debt trading.

The extensive legal and regulatory experience of the professionals at our Firm in areas of including finance, insurance, real estate, tax, regulatory, corporate law and capital markets would benefit our clients to have an in-depth solution to all legal problems faced by them throughout the entire lifecycle of insolvency resolution proceedings. We are well equipped to deal with stressed debts on behalf of our clients to enhance recovery alternatives and also adept at representing bidders for distressed assets.

Services provided by the Firm includes:

• Assisting our clients in filing applications for initiation of Corporate Insolvency Process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC).
• Rendering assistance and services to our clients in handling restructuring of their assets both in and out of court.
• Representing corporate entities in distress and formulating plans for their revival.
• Handling sector-related litigation for our clients and providing support in relation to voluntary liquidation and dissolution of companies.
• Representing clients of bankruptcy proceedings including corporate mergers and acquisitions, equity investment, etc. in forums and courts across the country, NCLT, NCLAT, and the Supreme Court of India.
• Representing clients in recovery proceedings before the Debt Recovery Tribunals and Debt Recovery Appellate Tribunals and Company and Winding-up matters before the High Courts and other judicial forums.
• Conducting due diligence on the liquidity and prospective liabilities of all concerned parties.
• Assisting clients in complying with RBI regulations, company laws, capitalization norms and acquiring required statutory approvals and clearances to facilitate entry routing and setting-up of business of various multinational companies.
• Advising and representing many foreign companies investing in distressed companies undergoing insolvency proceedings in India.
• Providing holistic legal solutions to large and complicated restructurings and insolvency matters under the IBC.