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Bankruptcy & Insolvency Laws
Prozess advises its clients on a variety of commercial matters pertaining to Insolvency and Bankruptcy Code and other Commercial laws.
The National Company Law Tribunal is a quasi-judicial authority created under the Companies Act, 2013 to handle corporate civil dispute arising under the Act. This introduction of National Company Law Tribunal has dissolved the Company Law Board. Powers and procedures that are vested in National Company Law Tribunal (NCLT) is that of Court of Law and consequently, it has made an effort to provide a clear picture of laws relating to the laws under Insolvency and Bankruptcy Code.
The Insolvency and Bankruptcy Laws have had a much needed overhaul with the coming into force of the recent Insolvency & Bankruptcy Code in 2016. We at Prozess indulge in providing with the advisories with respect to various facets of Insolvency and Bankruptcy Code such as advisory on Corporate debts, insolvency crisis and other strategy for insolvency resolution.
Our formidable team of professionals has a rich experience and expertise in matters pertaining to Companies Act and Insolvency & Bankruptcy Code (IBC) before National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT). We also render services of drafting of all types of commercial agreements such as franchise, agency, distribution, leasing, licensing, technology transfer, manufacturing and joint ventures.