Insolvencies and bankruptcies are unforeseeable circumstances that can leave a company, its internal systems, employees, shareholders and debtors in the middle of a chaos, demanding for a settlement. Ever since its enactment, the Insolvency and Bankruptcy Code, 2016, as amended from time to time (IBC), has played a pivotal role in helping debtors recover their debts. Several debtors have sought legal expertise for representing themselves to get speedy justice and settlement.
Sarvaya Legal assists in representing debtors, operational and financial creditors from various sectors in insolvency proceedings under the IBC; thereby providing knowledge and a deeper understanding of every sector, especially banking and finance to deliver pragmatic and amicable solutions. The Firm assists in drafting petitions, demand notices for creditors and filing applications on behalf of both debtors and creditors, before the National Company Law Tribunal (NCLT) and the National Company Appellate Tribunal (NCLAT), drafting and reviewing resolution plans and assisting and representing insolvency professionals during the entire insolvency resolution process.