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Insolvency Litigation

Insolvency proceedings involve significant legal and commercial considerations for creditors, corporate debtors, financial institutions, investors and other stakeholders. M & Z Legal advises and represents clients in disputes arising under the Insolvency and Bankruptcy Code, 2016, with a focus on understanding the underlying transaction, assessing the legal position and developing a strategy appropriate to the stage and circumstances of the proceedings.

Our practice covers contentious insolvency matters before the National Company Law Tribunal and appellate forums, including proceedings concerning admission of insolvency applications, claims, recovery, resolution processes and challenges arising during the course of insolvency proceedings.

Our Insolvency Litigation Practice

Our work includes:

  • Insolvency Proceedings: Representation of creditors, corporate debtors and other stakeholders in proceedings under the Insolvency and Bankruptcy Code, 2016.
  • Admission & Recovery Proceedings: Advising and representing clients in applications concerning financial and operational debt, default and recovery.
  • Creditor Claims: Assistance with disputes concerning submission, verification and admission of claims during insolvency proceedings.
  • Resolution Process Disputes: Representation in contentious issues arising during the Corporate Insolvency Resolution Process, including matters concerning the rights and interests of stakeholders.
  • Liquidation Proceedings: Representation in disputes arising during liquidation, including issues relating to claims, assets and distribution.
  • Avoidance & Related Proceedings: Advising and representing clients in proceedings concerning transactions alleged to fall within the avoidance provisions of the Insolvency and Bankruptcy Code.
  • Insolvency Appeals: Representation in appeals and related proceedings before the National Company Law Appellate Tribunal and other appropriate forums.
  • Insolvency-Related Commercial Disputes: Handling connected contractual, recovery and commercial disputes where insolvency proceedings have a bearing on the parties’ rights and remedies.

How We Assist

M & Z Legal approaches insolvency disputes with careful attention to the underlying transactions, statutory requirements and commercial interests of the parties involved. We assist clients in assessing their legal position, preparing and responding to proceedings, addressing disputes concerning claims and stakeholder rights, and pursuing appropriate remedies before the NCLT, NCLAT and other relevant judicial or statutory forums.

Frequently Asked Questions (FAQs)

What is insolvency litigation?

Insolvency litigation involves disputes arising under insolvency proceedings, including matters concerning creditors, corporate debtors and other stakeholders.

Corporate insolvency proceedings are generally dealt with by the National Company Law Tribunal, with appeals ordinarily heard by the NCLAT.

A creditor may initiate proceedings where the statutory requirements under the Insolvency and Bankruptcy Code, 2016 are satisfied.

Disputes may concern admission of applications, creditor claims, resolution processes, liquidation, avoidance transactions and stakeholder rights.

Yes. The firm advises and represents clients in appropriate insolvency proceedings before the NCLT and related appellate forums.