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Insolvency & Restructuring

Helping businesses navigate financial distress through strategic restructuring, negotiation with stakeholders, and compliance with insolvency regulations.
Insolvency & Restructuring
Insolvency & Restructuring

Financial distress can create uncertainty for businesses, creditors, investors, and employees.
Handling insolvency and restructuring matters requires a steady hand, a clear understanding of the Insolvency and Bankruptcy Code (IBC), and strategic thinking that balances legal obligations with commercial realities.

At Sharma & Sharma Law Chambers LLP, we guide clients through every aspect of insolvency, restructuring, and recovery proceedings. Our team works with creditors, corporate debtors, financial institutions, resolution applicants, and stakeholders involved in stressed or distressed business situations.

We focus on practical solutions helping clients preserve value, navigate statutory requirements, and reach outcomes that support long-term stability.

Our Expertise Includes

  • Corporate Insolvency Resolution Process (CIRP)

    We represent creditors and corporate debtors before the NCLT throughout the resolution process — from filing applications and responding to claims to drafting submissions and participating in hearings.

  • Resolution Plans & Restructuring Strategies

    We assist resolution applicants, investors, and acquirers in preparing resolution plans that are legally compliant, commercially sound, and tailored to the specific financial and operational conditions of the distressed entity.

  • Liquidation Proceedings

    Our team advises on asset distribution, compliance requirements, claimant rights, and dispute handling throughout the liquidation process, ensuring that statutory timelines and procedures are followed.

  • Debt Recovery & Enforcement

    We help creditors pursue recovery through IBC proceedings, DRT actions, enforcement of securities, cheque dishonour matters, and other recovery mechanisms available under law.

  • Pre-Insolvency Advisory & Business Restructuring

    Many situations can be resolved before formal insolvency proceedings begin. We advise companies on restructuring their debt, renegotiating contracts, resolving disputes, and stabilising operations to avoid entering CIRP.

  • Cross-Border Insolvency & International Exposure

    Where entities have foreign creditors, overseas assets, or international contracts, we guide clients through cross-border insolvency frameworks and coordination with foreign legal teams.

  • Operational & Financial Creditor Representation

    We regularly support both operational and financial creditors with drafting petitions, filing claims, evaluating resolution plans, and protecting their priority rights under the IBC.

  • Dispute Resolution Related to Insolvency

    IBC often leads to disputes involving valuation, claims, interpretation, and business continuity. We represent clients in arbitration, litigation, and appellate forums connected to insolvency matters.

How We Approach Insolvency Matters

Our goal is to provide clarity during difficult and time-sensitive situations.
We focus on

  • Early assessment of financial and operational challenges
  • Practical restructuring strategies
  • Quick and compliant filings before tribunals
  • Strong representation in hearings and disputes
  • Protecting client rights at each stage of the process
  • Minimising business disruptions
  • Maximising recovery and long-term viability

We understand the urgency and sensitivity involved in insolvency matters and provide steady, solution-focused guidance throughout the process.

Need Assistance With Insolvency or Restructuring?

Whether you’re a creditor seeking recovery, a debtor facing financial stress, or an investor exploring a distressed asset, our team is prepared to support you with clear, confident, and strategic legal advice.

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