Insolvency Laws
Insolvency Laws
Business can experience financial difficulties due to change in economic conditions and policies, unforeseen events, simple misjudgements or major mismanagement, leading to financial defaults and non-performing assets (NPAs). We handle both recovery plans and formal insolvency work, combining it with our banking and regulatory expertise with legal understanding of sectors within civil construction, manufacturing, technology, communications and e-commerce. We also work closely with colleagues specialising in corporate, tax, employment, real estate, intellectual property and dispute resolution to deliver best in class remedies to our clients.
The lawyers of Legacy Law Offices LLP regularly provide advice and legal opinions to Resolution Professionals (RPs) and Committee of Creditors (CoC), besides having experience of representing various stakeholders including corporate debtors, financial debtors etc. before the National Company Law Tribunal (NCLT) benches situated at New Delhi, Chandigarh, Jaipur, Kolkata etc.