Insolvency & Bankruptcy
The government introduced an Insolvency and Bankruptcy Code in order to provide sufficient assistance to lenders and creditors with an effective and convenient way of recovering the financial and operational debt. The Code protects the rights of financial and operational creditors.
At Anand Chaitanya, we assist with an advisory for process and compliances related to Insolvency and Bankruptcy Code. Our team is always there to advise and provide documentation support. We support in the following areas.
Insolvency resolution by Financial Creditor
We advise and support in process of negotiation with the Corporate Debtor for insolvency resolution. We support in initiating and executing Corporate Insolvency Resolution Process (CIRP) against Corporate Debtor.
Insolvency resolution by Operational Creditor
We advise and support in process of sending demand notice to the Corporate Debtor for insolvency resolution. We support in initiating and executing a process related to executing CIRP against Corporate Debtor.
Representing Financial Creditors & Operational Creditors at NCLT
Anand Chaitanya, through its expert legal team, support in representing you at National Company Law Tribunal (NCLT).
Insolvency Resolution Professional/Liquidator Services
We have a team of experts who can act as IRP or Liquidator in Insolvency & Bankruptcy process. This team helps for smooth execution of CIRP and Liquidation process with appropriate planning, managing and controlling the matters in this area.
We advise and support you for planning and executing the Voluntary Liquidation process. Our expert team helps you in documentation and representation for such liquidation and distribution of assets.